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Bunker Hill Mining Corp. reports developments tied to the restart and redevelopment of the historic Bunker Hill Mine in northern Idaho’s Coeur d’Alene mining district. Company news centers on zinc, lead and silver project progress, underground mine planning, commissioning work, exploration drilling, processing and filter-plant readiness, and environmental practices for mine operations, water quality and tailings management.
Recurring updates also cover capital structure actions, equity compensation, debt-interest share issuances, exchange listing status, and board or finance-team changes as the company advances a single-asset critical-metals strategy in Idaho’s Silver Valley.
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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