Bunker Hill Mining Corp. is pleased to report that it has intercepted high grade silver mineralization in the UTZ area of the Bunker Hill Mine, with a silver equivalent grade of 1,206 g/t AgEq as detailed in Table 1 below. This area is near surface, in close proximity to existing infrastructure, and located within a larger mineralized zone which was historically thought to not contain high-grade silver. Table 1 below [...]
Bunker Hill Mining Corp. is pleased to announce that it has closed the non-brokered private placement of 19,994,080 units of the Company at $0.40 per Unit for gross proceeds of approximately C$8,000,000 that was previously announced in the Company's February 1, 2021 and February 2, 2021 news releases. Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each whole Warrant entitles [...]
HIGHLIGHTS: Shallow, high-grade zinc mineralization encountered in 26.1 meters drilled in Hole 7055: - 2.4m recovered at 16.9% Zn, 38.4 g/t Ag and 2.8% Pb representing 20.2% Zn Eq - Mineralization is located in the upper levels of the mine and outside the current resource boundary - 19.2m at 3.5% Zn, 21.3 g/t Ag and 1.6% Pb representing 5.3% Zn EqExpected to increase the resource base for the initial stage of mining in [...]
Bunker Hill Mining Corp. is pleased to announce that it is changing its fiscal year-end to December 31, from its current fiscal year-end of June 30. The Company believes this change of fiscal year-end will better align the Company's financial reporting periods with industry peers, which will allow investors to more easily compare quarterly and annual financial results. David Wiens, CFO & Corporate Secretary, commented [...]
HIGHLIGHTS Proactive water management plan supports the rapid re-start of the historic Bunker Hill mine and underpins the Company's license to operate Successful commissioning of an in-house water pre-treatment plant achieves 70% reduction in metal-load discharged from the mine This water pre-treatment plant generates significant cost savings while reducing environmental footprint PEA remains on track for delivery in [...]
Bunker Hill Mining Corp. announces an increase to the previously announced non-brokered equity private placement from 12,500,000 units of the Company to up to 18,750,000 Units at C$0.40 per Unit for potential gross proceeds of C$8.0 million. Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each whole Warrant entitles the holder to acquire one Common Share at a price of C$0.60 [...]
Bunker Hill Mining Corp. announces a non-brokered equity private placement with a new private investor for 12,500,000 units of the Company at C$0.40 per Unit which represents a 5% premium to the last traded price on January 29, 2021, and a 2% premium to the volume weighted average price during the five trading days leading up to January 29, 2021. The gross proceeds amount to C$5.0 million with no finder fees or [...]
Bunker Hill Mining Corp. is pleased to report continued progress towards completing its Preliminary Economic Assessment , aimed at assessing the potential to rapidly restart production at the historical Bunker Hill mine located in Idaho's Silver Valley, USA. Sam Ash, CEO of Bunker Hill Mining, stated: "We are pleased to report an update on progress towards completion of the PEA, with a number of key parameters taking [...]
Bunker Hill Mining Corp. is pleased to announce the appointment of David Wiens as Chief Financial Officer & Corporate Secretary, effective immediately. Mr. Wiens will take over from Wayne Parsons, who is remaining on the Board as Non-Executive Director, also effective immediately. Mr. Wiens is an experienced mining executive with over 17 years’ experience in corporate finance, financial planning & analysis , treasury and [...]
Bunker Hill Mining Corp. announces that on December 28, 2020, the United States Securities and Exchange Commission declared effective the Company’s registration statement on Form S-1 relating to resale by certain securityholders of the Company named in the Registration Statement of up to 166,114,748 common shares in the capital the Company previously issued by the Company and issuable by the Company upon the exercise of [...]
HIGHLIGHTS: The PEA , to assess the potential to quickly restart production for minimal capital expenditure, is on track for completion in Q1-2021 Significant mineralization was confirmed in the UTZ upper level zone, above the current resource boundary, which is expected to materially increase the resource base for the PEA Significant intercepts include: Hole 7029: 0.9m at 349 g/t Ag and 1015 g/t Ag Eq Hole 7043: 18m at [...]
Bunker Hill Mining Corp. Is pleased to announce we will be releasing the results of the first sampling from our drilling program on December 18, 2020 at 7:00 am , followed by a conference call on Friday December 18, 2020 at 11:00 am to discuss the results and provide a corporate update to the investment community. Investors can join the call live by dialing in to our conference line at: 416-764-8658 or 888-886-7786 [...]