Silver Bullet Mines Updates on Washington Mine in Idaho and Updates Financing

▤ Summary

Silver Bullet Mines updated investors on exploration and development work at its Washington Mine in Idaho. The company reported mapping, sampling, and access work at several historical zones, including the Subrosa Adit and Berger Vein, and said it is developing a plan for underground mining and a future bulk sample. Management also said the project could support a NI 43-101 resource report. The company closed its strategic financing and raised gross proceeds of about $1.42 million through unit sales with attached warrants. It plans to use the funds for further work at the Washington Mine, other site work, and general working capital.

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