Bunker Hill Mine and Smelting Complex

Silver Valley Metals Provides Corporate Update

Retrieved on:

Monday, September 18, 2023

Lithium, Partnership, Bunker Hill Mine and Smelting Complex, Boron, Silver, Mexican, Water, Potassium sulfate, Potassium, News, LCE, Coeur d'Alene, PVC, Oil, Mining, Pottery

VANCOUVER, BC, Sept. 18, 2023 /PRNewswire/ - Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF) ("Silver Valley" or the "Company"), a brownfield exploration Company with two potential high impact projects that comprise silver-zinc-lead located in north Idaho, USA and lithium - potassium (sulphate of potash) located in Zacatecas and San Luis Potosi, Mexico respectively, is pleased to provide a corporate update for both of its high priority projects: the MexiCan Lithium-Potassium (sulphate of potash) Project ("the Mexico-Canada Project" or "MexiCan Project") and the Ranger-Page silver-zinc-lead Project in the Silver Valley ("the Ranger-Page Project").

Key Points:

VANCOUVER, BC, Sept. 18, 2023 /PRNewswire/ - Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF) ("Silver Valley" or the "Company"), a brownfield exploration Company with two potential high impact projects that comprise silver-zinc-lead located in north Idaho, USA and lithium - potassium (sulphate of potash) located in Zacatecas and San Luis Potosi, Mexico respectively, is pleased to provide a corporate update for both of its high priority projects: the MexiCan Lithium-Potassium (sulphate of potash) Project ("the Mexico-Canada Project" or "MexiCan Project") and the Ranger-Page silver-zinc-lead Project in the Silver Valley ("the Ranger-Page Project").
As previously announced May 10, 2023, Silver Valley entered discussions with LitioMX, (the national lithium company of Mexico), with the goal of these discussions to ultimately formalize a partnership agreement to explore and produce lithium in Mexico.
Silver Valley maintains its 100% ownership of the Potassium Sulphate ("sulphate of potash" or "SOP") component of the dual commodity MexiCan Lithium-Potassium Project.
The Company will update shareholders' when and if there is material news to report.

Silver Valley Metals Announces Discovery of Mineralized Vein Structures At Surface Extending Crown Point Mine 220 Metres West at the Ranger-Page Project, North Idaho, USA

Retrieved on:

Wednesday, June 28, 2023

Crown Point mineralization discovered at surface extending historic Crown Point mine 220 meters to the west.

Key Points:

Crown Point mineralization discovered at surface extending historic Crown Point mine 220 meters to the west.
Discovery on surface is approximately 75 metres up dip from the depth of the historic Crown Point mine.
A strong ground IP anomaly and positive soil geochemistry results from 2022 justified trenching the Crown Point area to expose vein structures at surface.
We have a wide east-west zone trending parallel to Crown Point, and we're seeing additional mineralized structures in the hanging wall of the Crown Point fault.

Bunker Hill Announces Closing of $67 Million Financing Package

Retrieved on:

Monday, June 26, 2023

Bunker Hill, Minority, CSE, MI, Line, Bunker Hill Mine and Smelting Complex, News, Cryptocurrency, Security (finance), Stream

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (CSE: BNKR) (“Bunker Hill” or the “Company”) is pleased to announce the closing of the upsized and improved $67 million financing package with Sprott Private Resource Streaming & Royalty Corp. (“Sprott Streaming”), previously announced on May 23, 2023, including the $46 million multi-metals stream (the “Stream”) and $21 million debt facility (the “Debt Facility” and, together with the Stream, the “Financing Package”).

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TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (CSE: BNKR) (“Bunker Hill” or the “Company”) is pleased to announce the closing of the upsized and improved $67 million financing package with Sprott Private Resource Streaming & Royalty Corp. (“Sprott Streaming”), previously announced on May 23, 2023, including the $46 million multi-metals stream (the “Stream”) and $21 million debt facility (the “Debt Facility” and, together with the Stream, the “Financing Package”).
Sam Ash, CEO, stated “We are exceedingly pleased to announce the closing of our $67 million financing package with Sprott Streaming.
This marks a breakthrough moment for Bunker Hill, backstopping completion of the mine restart, materially strengthening our balance sheet, and enabling full-scale recommencement of project activities.
As planned, a series of related transactions also took place concurrently with closing of the Financing Package.

Bunker Hill Announces Upsized and Improved $67 Million Financing Package to Enable Completion of the Mine Restart, Offtake Agreement

Retrieved on:

Tuesday, May 23, 2023

TORONTO, May 23, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (CSE: BNKR) (“Bunker Hill” or the “Company) is pleased to announce the execution of a non-binding term sheet outlining an upsized and improved $67 million non-dilutive project finance package with Sprott Private Resource Streaming & Royalty Corp (“Sprott Streaming”). All figures in this news release are in US dollars unless otherwise stated.

Key Points:

Sam Ash, CEO, stated “We are excited to announce an upsized and improved project finance package that we expect to backstop the full financing of the Bunker Hill mine restart, materially strengthen our balance sheet and liquidity, and support our TSX-V application.
We are thrilled to have partnered with Sprott Streaming, who have demonstrated their commitment and support for the project each step of the way.
Including the previously funded $8 million Royalty Convertible Debenture, $6 million Series 1 Convertible Debenture (the “CD1”), and $15 million Series 2 Convertible Debenture (the “CD2”), Sprott Streaming’s total commitment to the Bunker Hill Mine restart would increase to $96 million.
Any agreement with a metal trader, in lieu of the Debt Facility, would be subject to approval by Teck and Sprott Streaming.

Bunker Hill Affirms Total Restart Project Budget, and Receives Upsized $20 Million Offtake Finance Proposal

Retrieved on:

Friday, March 10, 2023

OTCQB, Bunker Hill Mine and Smelting Complex, Partnership, CSE, Engineering, Construction

TORONTO, March 10, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to affirm its total capital cost and budget estimates for the restart of the Bunker Hill Mine and provide an update regarding its project finance initiatives.

Key Points:

TORONTO, March 10, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to affirm its total capital cost and budget estimates for the restart of the Bunker Hill Mine and provide an update regarding its project finance initiatives.
Sam Ash, CEO, stated: “Based on further optimization of our restart plan, we are pleased to report that the total project budget remains in line with prior estimates.
Based on recent indications of interest, the Company anticipates the ability to increase the targeted amount of offtake finance to up to $20 million (increased from $15 million previously).
This $5 million upsize de-risks the project finance plan by backstopping ongoing equity financing activities.

Bunker Hill Achieves Underground Development Milestone, Ensuring Upper Levels of Mine Ready For Mechanized Mining

Retrieved on:

Tuesday, December 13, 2022

TORONTO, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to report that it has completed the underground development ‘breakthrough’ to the 6 Level of the mine, the demolition of the old maintenance shop in preparation for mill construction, and remains on track and on budget for a restart of the mine in the fourth quarter of 2023.

Key Points:

Sam Ash, CEO stated: “The efficient execution of this critical underground development milestone paves the way for the start of low-cost mechanized mining on the first 2 million tons of mineralized material in the upper part of the mine.
Once mining starts, this ramp will be the primary access and egress route to and from the ore body for 20-ton haul trucks.
This achievement represents the majority of pre-restart underground development requirements, ensures that underground development remains on schedule and on budget for the planned restart in Q4 2023, and secures access for mechanized mining equipment to ore for the first years of the mine plan.
Under new Idaho-based leadership the Bunker Hill Mining Corp, intends to sustainably restart and develop the Bunker Hill Mine as the first step in consolidating a portfolio of North American mining assets with a focus on silver.

Bunker Hill Announces Closing of $5,000,000 Loan Facility

Retrieved on:

Tuesday, December 6, 2022

Bunker Hill Mine and Smelting Complex, Failure, Pend Oreille, Documentation, Metallurgy, Travel, Security (finance), Bunker Hill, Engineering, News, Mineral, SEDAR, Mining, Uncertainty, COVID-19, PFS, Risk management

Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”.

Key Points:

Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”.
Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.
Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Bunker Hill Provides November 2022 Project Restart Update

Retrieved on:

Thursday, December 1, 2022

Bunker Hill, Bunker Hill Mine and Smelting Complex, COVID-19, Mining, Pend Oreille, News, Mineral, SEDAR, PFS, Travel, Security (finance), Engineering, Uncertainty, Metallurgy, Failure, Risk management

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to provide an update on restart project activities during the month of November 2022.

Key Points:

Forward-looking statements may be identified by such terms as believes, anticipates, expects, estimates, may, could, would, will, or plan.
Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.
Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet managements expectations.
The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Bunker Hill Announces New $5,000,000 Loan Facility From Sprott and Provides Update on Project Finance Process

Retrieved on:

Friday, November 18, 2022

COVID-19, Metallurgy, Bunker Hill Mine and Smelting Complex, Facility, Travel, Mineral, Security (finance), SEDAR, News, Mining, Failure, Uncertainty, Risk management

Forward-looking statements may be identified by such terms as believes, anticipates, expects, estimates, may, could, would, will, or plan.

Key Points:

Forward-looking statements may be identified by such terms as believes, anticipates, expects, estimates, may, could, would, will, or plan.
Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.
Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet managements expectations.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Bunker Hill Provides October 2022 Project Restart Update

Retrieved on:

Thursday, November 3, 2022

TORONTO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to provide an update on restart project activities during the month of October 2022.

Key Points:

Forward-looking statements may be identified by such terms as believes, anticipates, expects, estimates, may, could, would, will, or plan.
Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.
Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet managements expectations.
The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.