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"


Daura Gold Closes Upsized C$3 Million Non-Brokered Private Placement

Daura Gold Corp. (TSX-V: DGC) (OTC: DGCOF) is pleased to announce that it has closed its previously ... READ MORE

October 2, 2026

Trojan Gold Announces Definitive Agreement for Amalgamation with Tashota Resources and Strike Copper

Trojan Gold Inc. (CSE: TGII) is pleased to announce that, further to its press releases dated March ... READ MORE

October 2, 2026

Peruvian Metals Announces Third Quarter Production at the Aguila Norte Processing Plant and Provides Sampling Update from the Tailings Area

Peruvian Metals Corp (TSX-V: PER) (OTCQB: DUVNF) announces third quarter production results a... READ MORE

October 1, 2026

Osisko Gold Completes US$600 Million Aggregate Principal Amount of 9.250% Senior Secured Notes Offering

Osisko Gold Group Inc. (NYSE: OGG) (TSX-V: OGG) is pleased to announce that it has completed its pr... READ MORE

October 1, 2026

Grande Portage Signs Definitive Commercial Agreement with Ocean Partners (UK) Limited for New Amalga Gold Offtake

Grande Portage Resources Ltd. (TSX-V: GPG) (OTCQX: GPTRF) (FSE: GPB) is pleased to announce that, fu... READ MORE

October 1, 2026

Copyright 2026 The Prospector News