The Prospector News

Bunker Hill Mining Receives Third Tranche from Sprott Standby Facility

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Bunker Hill Mining Receives Third Tranche from Sprott Standby Facility

Bunker Hill Mining Corp. (TSX-V: BNKR)(OTCQB: BHLL) announces it has been advanced the third tranche, in the amount of US$5 million under the senior secured credit facility with Sprott Private Resource Streaming and Royalty Corp., pursuant to which Sprott Streaming has already advanced US$10 million and has agreed to advance up to an aggregate of US$21 million under the Standby Facility, to fund development costs of the Company’s Bunker Hill Mine located in Kellogg, Idaho subject to the satisfaction of certain conditions.

Sam Ash, President and CEO, stated, “As we continue discussions with strategic financing partners and engage with representatives of the incoming administration in the nation’s capital, the operational team at Bunker Hill continues to advance its restart project with the consistent and vital support of Sprott Streaming, working to create new American mining jobs and metal in ways that improve long-term American industrial security.

Figure 1: Caroline Donally, Managing Partner Sprott Streaming, at the site last week accompanied by Mike Eiselein, Process Manager and Tom Francis, General Manager

 

ABOUT BUNKER HILL MINING CORP. 

Bunker Hill Mining Corp. is an American mineral exploration and development company focused on revitalizing our historic mining asset: the renowned zinc, lead, and silver deposit in northern Idaho’s prolific Coeur d’Alene mining district. This strategic initiative aims to breathe new life into a once-productive mine, leveraging modern exploration techniques and sustainable development practices to unlock the potential of this mineral-rich region. Bunker Hill Mining Corp. aims to maximize shareholder value while responsibly harnessing the mineral wealth in the Silver Valley mining district by concentrating our efforts on this single, high-potential asset. Information about the Company is available on its website, www.bunkerhillmining.com, or within the SEDAR+ and EDGAR databases.

Posted January 21, 2025

Share this news article

MORE or "UNCATEGORIZED"


NEVADA KING INTERCEPTS 2.44 G/T AU OVER 90.0M AND 3.17 G/T AU OVER 60.1M AT PIT BOTTOM, AS WELL AS 4.97 G/T AU & 163 G/T AG OVER 27.4M AT ATLANTA

Nevada King Gold Corp. (TSX-V: NKG) (OTCQB: NKGFF)  is pleased t... READ MORE

March 13, 2025

Goliath Resources Updated Modelling Confirms Its Large Gold Rich Layered System Is Directly Associated To Motherlode Intrusive Source (RIRG) And Multiple Gold Rich Feeder Dykes That Assayed Up To 12 g/t AuEq Over 10 Meters That Remain Open For Expansion, Surebet Discovery, Golden Triangle, B.C.

Dyke Highlights: 17 feeder dykes have been intersected in drill h... READ MORE

March 13, 2025

NGEx Drills 51.50m at 4.37% Cu and 10.42 g/t Au (12.26% CuEq), including 21.50m at 8.71% Cu and 23.81 g/t Au (26.68% CuEq), and 27.40m at 7.80% Cu and 23.17 g/t Au (25.19% CuEq) at Lunahuasi

NGEx Minerals Ltd. (TSX: NGEX) (OTCQX: NGXXF) is pleased to prov... READ MORE

March 13, 2025

Fortuna intersects 7.2 g/t Au over 31.5 meters at Kingfisher, Séguéla Mine, Côte d’Ivoire

Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) is pleased to provide... READ MORE

March 13, 2025

ARIS MINING REPORTS RECORD Q4 2024 FINANCIAL RESULTS WITH STRONG EBITDA GROWTH AND ANNOUNCES 25% CAPACITY EXPANSION AT MARMATO

Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) announces its... READ MORE

March 13, 2025

Copyright 2025 The Prospector News