Bunker Hill Mining Corp. is pleased to announce that it has reached an agreement with Hummingbird Resources PLC to settle its US$2,100,000 outstanding convertible loan . Hummingbird agreed to convert the loan into common shares of the Company at a price of $0.50 per Common Share. Sam Ash, CEO of Bunker Hill, said: “We are delighted to settle this debt with one of our longstanding supportive investment partners [...]
HIGHLIGHTS The first high grade silver focused exploration campaign has commenced, supported by the enhanced geological understanding gained following the digitization and 3D modeling of historic mine data A maiden Inferred resource of 9Mt containing 11Moz of silver, 0.9B lb of zinc, and 0.4B lb of lead has been successfully delineated, which boosts confidence in ability to delineate resources in a cost-effective manner [...]
HIGHLIGHTS A first digitized 3D model of Bunker Hill’s geology has successfully been created with the goal of leveraging the historical mine data to identify and prioritize high grade silver targets Data has been inputted from over 180,000 meters of drilling from 3,500 historic drill-holes and hundreds of detailed historic mine geology maps Historical drill results demonstrate significant high-grade silver [...]
Bunker Hill Mining Corp. is pleased to announce that it has closed the second and final tranche of its previously announced brokered best efforts equity private placement of up to 58,285,714 units of the Company at C$0.35 per Unit for up to C$20,400,000 in gross proceeds . 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 [...]
Bunker Hill Mining Corp. is pleased to announce that it has closed the first tranche of its previously announced brokered best efforts equity private placement of up to 58,285,714 units of the Company at C$0.35 per Unit for up to C$20,400,000 in gross proceeds . 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 [...]
Bunker Hill Mining Corp. is pleased to announce that it has secured for USD 150,000 cash payment a further extension to the lease with the option to purchase the Bunker Hill Mine complex from the land-owner, Placer Mining Corporation. The extension is for a further 18 months and is in addition to the 6-month extension previously announced. This extension expires on August 1, 2022. This extension provides the Company with [...]
Bunker Hill Mining Corp. is pleased to announce that, due to strong demand, the Company has further increased the size of its previously announced brokered best efforts equity private placement to approximately C$20,400,000. A total of C$1,220,000 of the units will be issued to settle outstanding indebtedness of the Company. The 15% over-allotment option that was previously associated with the offering has been removed [...]
Bunker Hill Mining Corp. is pleased to announce that, due to strong demand, the Company has increased the size of its previously announced brokered best efforts equity private placement by 50% up to C$15,000,000. Sprott Capital Partners LP is the lead agent, for a syndicate of agents , to complete a best efforts brokered private placement of up to 42,857,143 units of the Company at C$0.35 per Unit . Each Unit will consist [...]
Bunker Hill Mining Corp. is pleased to announce a brokered best efforts equity private placement for up to C$10,000,000. Sprott Capital Partners LP will act as lead agent, for a syndicate of agents , to complete a best efforts brokered private placement of up to 28,571,429 units of the Company at C$0.35 per Unit . Each Unit will consist of one common share of the Company and one Common Share purchase warrant . Each whole [...]
Bunker Hill Mining Corp. is pleased to announce a first progress update following the change in management which occurred earlier this year. Management’s focus is to explore the high-grade silver potential of the Bunker Hill mine, which was previously operated as a lead metal mine for 95 years ending in 1981. A total of 162 million ounces of silver were produced as a byproduct over this period. The following historical [...]
Bunker Hill Mining Corp. is pleased to announce that Mr. Sam Ash has been appointed as President and Chief Executive Officer of the Company to replace in this position Mr. John Ryan. Mr. Ryan will continue to serve the Company as a member of the Board of Directors. “On behalf of Bunker Hill Mining’s Board of Directors, I am very pleased to welcome Sam Ash as the new CEO,” said Richard Williams, Chairman Bunker Hill [...]
Bunker Hill Mining Corp. is pleased to announce the commencement of diamond drilling and sampling programs designed to provide confirmation data on mineral resources in the UTZ, Newgard, and Quill ore zones. The total program consists of an initial 15,000 feet of diamond drilling from a series of underground drill stations, and approximately 4,000 feet of channel sampling. Drilling has already started in the UTZ Zone and [...]