Silver Bullet Mines Corp. provided update on The Buckeye Mine High Grade Gold, Platinum, and Palladium and provided First Stage Check of Initial Assays Results. On September 26, 2022 and October 18, 2022 Silver Bullet Mines Corp.

disclosed high-grade gold, platinum, palladium, rhodium, and osmium results from the Buckeye Mine from the in initial lab. The Company has subsequently received results on or about January 17, 2023 from six referee/check samples submitted to another independent third-party lab (Activation Laboratories Inc. (Actlabs)) which puts these previously released assay results into question. These new results indicate an absence of gold, palladium, and platinum.

Investors should not rely on the assay results previously reported by the Company on September 26, 2022 and October 18, 2022. In addition, the Company's November 3, 2022 news release indicated that assay results from samples of diabase at several locations near and in the Buckeye Silver Mine were received and were being considered and would be disclosed to the public as soon as possible. Based on six referee/check samples noted above, the Company does not intend to disclose these results as they are considered unreliable at this time.

The Company has engaged and sent samples to another independent certified lab (Third Lab). The Third Lab is performing check assay results using the same analytical method as the initial lab. Such results will be disclosed immediately upon receipt.

The QAQC is important as Actlabs that completed the check assays followed an analytical process different from the initial lab that produced the data reported by the Company on September 26, 2022 and October 18, 2022.