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"


Triumph Gold Announces Closing of Private Placement

Triumph Gold Corp., (TSX-V: TIG) (OTCQB: TIGCF) announces the clo... READ MORE

June 12, 2026

Stardust Metal Closes Final Tranche of Financing Led by Strategic Investor Daniel Earle

Highlights: Closed second and final tranche of previously announc... READ MORE

June 12, 2026

Arya Resources Announces Successful Phase 2 Drilling at Wedge Lake: Gold and Silver Intersected in All Holes, New Triplet Zone Discovered

Arya Resources (TSX-V: RBZ) is pleased to announce final results ... READ MORE

June 12, 2026

Yukon Metals Closes C$13 Million Financing

Yukon Metals Corp. (CSE: YMC) (FSE: E770) (OTCQB: YMMCF) is pleas... READ MORE

June 11, 2026

Atlas Salt Announces Closing of $15 Million Bought Deal LIFE Offering

Atlas Salt Inc. (TSX-V: SALT) (OTCQX: SALQF) (FSE: 9D00)  is pl... READ MORE

June 11, 2026

Copyright 2026 The Prospector News