Silver Bullet Mines Corp. updated the assay results from its Black Copper occurrence, reported earlier on January 31, 2023. In SBMI's January 17, 2023 press release, SBMI advised third part geologic consultants including the QP had visited the Black Copper occurrence in late November and early December, 2022. Black Copper is situated on SBMI's Black Diamond property roughly one point five kilometres south of the Buckeye Mine and is referred to in the January, 2021 Geologic Report. Samples from Black Copper were taken and reported the following results: The over-detection limit for copper on these samples was 1000 parts per million. These four samples were sent for further analysis which returned: The release from earlier incorrectly stated the values in parts per million as a result of manual data entry into the press release. A copy of the Actlabs certificates for these samples is attached. All the samples above were collected by Robert Komarechka and John Corkery. Samples were collected and placed in sample bags with their appropriate tag and personally taken to the courier and shipped to Actlabs in Thunder Bay, Ontario for assaying. Certified standards and blanks were used both by the Company and Actlabs. All samples analyzed by Actlabs were by Fire Assay ICPOES (Induced coupled plasma arc with optical emission spectroscopy). The multi-element analysis was by digestion with a combination of hydrochloric, nitric, perchloric and hydrofluoric acids. Mr. Robert G. Komarechka, P.Geo., an independent consultant, has reviewed and verified SBMI's
work referred to herein, and is the Qualified Person for this release. With respect to the Company's release concerning seeking an extension of the Warrants (as that term is defined in that release), SBMI advises it is seeking an extension on a total of 8,528,081 Warrants with new expiry dates ranging from February 6, 2024 to July 8, 2024.