Silver Bullet Mines’ Peter Clausi on Commencing Trading on the TSXV and the Global Silver Shortage
In a recent InvestorIntel interview, Chris Thompson spoke with Peter Clausi, VP Capital Markets and Director of Silver Bullet Mines Inc. (TSXV: SBMI) about officially commencing trading on the TSX Venture Exchange and about bringing Silver Bullet’s pure-play silver mines to production in Globe, Arizona.
In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Peter provided an update on Silver Bullet’s five past-producing silver mines in a very mining-friendly jurisdiction in Arizona with good infrastructure. Having recently closed an oversubscribed financing, Peter said that Silver Bullet is in a very competitive position with its own mill and assay lab which will allow it to have assay results in a day instead of waiting for weeks. He also highlighted the global shortage of silver owing to the absence of a major silver discovery in years and the high demand for silver in the jewelry, electronics, industries, and the health sector.
To watch the full interview, click here
About Silver Bullet Mines Inc.
Silver Bullet Mines Inc. is a silver and copper exploration and development company with projects in the western USA. Their flagship project is the Black Diamond, close to 5,000 acres in the Miami-Globe copper camp and centered on the Richmond Basin. The basin is the site of the original 1870s native silver discoveries that brought prospectors to the now significant Globe copper camp. The story goes that a scouting party was fired upon by Apache Indians using bullets made of hammered native silver. Thus inspiring the company name – Silver Bullet Mines. The Richmond Basin is the location of several historic high-grade silver-copper mines including: McMorris, La Plata, Helena, Silver Sevens, Buckeye, and numerous associated prospects. Little work or extraction came from this area since the early 20th century as the camp focused on big copper mines. But these mines anchor this section of what is called the Arizona Silver Belt that extends from the famous Silver King near Superior, AZ, and parallels the trend of the major copper deposits including the Magma mine. They believe the high-grade silver is still there waiting for discovery.
To learn more about Silver Bullet Mines Inc., click here
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Chris Thompson, CFA, MBA, P.Eng is the President & Director of Research at eResearch Corp. and a Sr. Editor and Director for InvestorIntel Corp. Chris ... <Read more about Chris Thompson>