From GlobeNewswire: 2024-11-13 23:45:00

Bunker Hill Mining Corp. has closed the fourth tranche of a silver loan with Monetary Metals Bond III LLC, totaling US$1,250,000. President and CEO Sam Ash expresses gratitude for partners’ support and progress on the new Bunker Hill mine, with a restart plan set for the first half of 2025.

The construction of the concentrator nears completion, with 98% of components on-site and ready for installation. Bunker Hill Mining Corp. is advancing underground drilling to inform an updated resource statement in Q1 2025. A new drill program focused on high-grade silver targets is set to begin soon.

Monetary Metals & Co. has provided Bunker Hill Mining Corp. with a Silver Loan to support mine development. The company has closed on the first, second, third, and fourth tranches of the loan, totaling US$16,422,039, US$6,369,000, US$6,321,112, and US$1,250,000, respectively. The company will issue bonus share purchase warrants to MM.

Bunker Hill Mining Corp. is working on a strategic initiative to revitalize and develop the Bunker Hill Mine, consolidating and optimizing mining assets in North America. Detailed information on the company’s activities and objectives can be found on its official website. President and CEO Sam Ash leads the company’s efforts.

Investors should be cautious about the risks and uncertainties involved in Bunker Hill Mining Corp.’s operations. Forward-looking statements may not materialize as expected due to various factors, including approval processes, financing challenges, and market conditions. The company disclaims any obligation to update forward-looking information and advises readers to review risk factors in its annual report.



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