Welcome to our dedicated page for Bunker Hill news (Ticker: BHLL), a resource for investors and traders seeking the latest updates and insights on Bunker Hill stock.
The Bunker Hill Mining Corp. (OTCQB: BHLL) news feed on Stock Titan aggregates company announcements, project updates, financing transactions, and regulatory disclosures related to the restart of the historic Bunker Hill zinc-lead-silver mine in Idaho’s Silver Valley. Bunker Hill describes itself as an American mineral exploration and development company focused on revitalizing this past-producing asset and advancing it toward renewed operations.
Investors following BHLL news can track detailed progress on underground rehabilitation, access development, ventilation upgrades, and surface infrastructure work, including construction and commissioning of the processing plant and tailings filter press. Regular updates outline milestones in the company’s operational readiness program, mine planning refinements that emphasize higher silver content, and metallurgical test work aimed at producing marketable concentrates of silver, lead, and zinc.
News items also cover Bunker Hill’s corporate and financial developments. These include silver-backed loan tranches with Monetary Metals Bond III LLC, bought deal private placements of units, share-based interest and service payments under convertible debentures and consulting agreements, and equity compensation grants under restricted stock unit and stock option plans. Readers can see how these transactions are intended to support construction, start-up, and ramp-up of the Bunker Hill Mine.
Another theme in BHLL coverage is exploration growth, highlighted by the acquisition of the Ranger-Page Project and related properties, as well as the company’s collaboration with VRIFY’s AI-assisted exploration intelligence platform. Together, these updates provide a view into how Bunker Hill is combining historical data, modern exploration, and structured financing to pursue its restart strategy. For those monitoring zinc, lead, and silver development stories in the Coeur d’Alene Mining District, this news page offers a centralized source of company-issued information.
Bunker Hill Mining announced signing a term sheet with Monetary Metals for a silver loan facility of up to 1.2 million ounces. The loan aims to support the re-start and ongoing development of the Bunker Hill Mine. The loan, with a term of three years, will be secured against the company's assets and bear an annual interest rate of 15%, payable in silver ounces quarterly. The financing is subject to various conditions, including TSX Venture Exchange acceptance and satisfactory due diligence. Proceeds will be used to replace an existing undrawn Sprott facility at a lower cost of capital. Additionally, Bunker Hill will issue bonus share purchase warrants to Monetary Metals, subject to prior TSX-V approval.
Bunker Hill Mining provides an update on its underground exploration at the Bunker Hill Mine in Kellogg, Idaho. Covering 1300 acres, the mine has produced over 5Mt of base metals and 165Moz of silver before 1981. The new exploration uses advanced geophysical technologies to identify low-risk, high-reward Zinc-Lead-Silver targets. The initial 'proof of concept' focus targets Quill and Newgard zones, aiming to discover high-impact mineralization adjacent to existing infrastructure.
The company plans a 9,000-foot diamond drilling program in 2024, focusing on resource expansion to support the first five years of production. Potential discoveries of rare earth elements like Germanium, Gallium, and Indium will also be evaluated. Construction is on schedule with mining and mill commissioning expected by Q4 2024.
Bunker Hill Mining announced the commencement of construction for its processing plant and expansion drilling program at the Bunker Hill Mine in Kellogg, Idaho. Construction of the plant started after receiving the Pre-Permit to Construct from the Idaho Department of Environmental Quality on April 30, 2024. The optimized Tailings Filtration Plant, incorporating pressure filtration for better environmental management, is also advancing. The company aims to begin mining and technical commissioning in Q4 2024, ramping up to full production by Q1 2025. A re-financing process to lower capital costs and increase available capital is underway, with a preferred solution identified, expected to conclude within 60 days. On May 10, 2024, Bunker Hill commenced a resource expansion and exploration drilling program, targeting 8,975 feet of core drilling to support the mine's staged restart. This program is fully funded and aims to define and expand the existing resource.
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