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"


Hudbay Provides Annual Reserve and Resource Update with Mine Life Extensions and Improved Three-Year Production Outlook

Hudbay Minerals Inc. (TSX:HBM) (NYSE: HBM) today released its ann... READ MORE

March 27, 2026

OREZONE GOLD COMPLETES STRATEGIC ACQUISITION OF CASA BERARDI GOLD MINE AND QUEBEC EXPLORATION PORTFOLIO AND REPORTS FOURTH QUARTER 2025 RESULTS

Strategic acquisition of an established operating gold mine, loca... READ MORE

March 27, 2026

Cerro de Pasco Resources Secures Access Agreement Over Entire Quiulacocha Tailings Area, Enabling Next Phase of Project Development

Cerro de Pasco Resources Inc. (TSX-V: CDPR) (OTCQB: GPPRF) (FRA: ... READ MORE

March 26, 2026

SAGA Metals Acquires Strategic Titanium Assets from Rio Tinto in Quebec

The Garneau Titanium Project Features Ilmenite-Rich Boulder with ... READ MORE

March 26, 2026

ValOre Reports Positive Leaching Results from Ongoing Metallurgical Program for Pedra Branca PGM Project, Brazil; 73% Platinum and 74% Palladium Achieved Extraction from Weathered Material and 66% Platinum and 79% Palladium from Chromitite;

ValOre Metals Corp. (TSX‐V: VO) (OTCQB: KVLQF) (Frankfurt: KEQ0... READ MORE

March 26, 2026

Copyright 2026 The Prospector News