Unlock stock picks and a broker-level newsfeed that powers Wall Street.
Bunker Hill Mining Provides October Project Update

In This Article:

Bunker Hill Mining Corp.
Bunker Hill Mining Corp.

HIGHLIGHTS:

  • Structural construction of the 1800 tpd Process Plant is now 85% at the end of Q3|24

  • Procurement is at 98% complete, with 95% of equipment already on site or locked into a ‘just in time’ delivery schedule

  • Pre-commissioning activities have commenced, including the recruitment of key staff, the expansion of the underground mining teams, the roll-out of ERP systems and other core operational readiness tasks

  • Underground, the rehabilitation of the existing ramp between the 7 and 8 Levels continues on schedule, targeting the start of mining the first stope on the 8 Level in Q1|25

  • Resource conversion drilling between the 7 and 8 Levels is intersecting mineralization as predicted by the Inferred wireframe providing confidence in the block model as part of the current resource conversion strategy

  • Production scheduled for H1|25

KELLOGG, Idaho and VANCOUVER, British Columbia, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSXV:BNKR | OTCQX:BHLL) is pleased to provide an update on our construction progress and production timeline at its Bunker Hill Mining project in the Silver Valley, Idaho., USA.

We are pleased to report that the construction of the Silver Valley’s largest and most modern mineral processing facility continues on schedule,” stated Sam Ash, President and CEO; “and we are on track to complete construction and start production in the first half of 2025.”

RECENT MILESTONES INCLUDE:

Safety

  • Excellent safety performance with zero reportable and lost time injuries.

Processing Facility

  • The 1800 tpd Processing Facility building and its Motor Control Centre (MCC) have been fully constructed and connected to 13.8KV grid power. Internal construction activities, enabled by the operational 20t internal crane are now focused on placing the mezzanine floors, fully refurbished floatation cells and associated mechanical equipment.

  • The fully refurbished Ball Mills (Main and Regrind) are set and being connected to motor drives in advance of being energized.

  • Preparation for installing internal piping, electrical, controls and associated systems within the facility has also commenced.

  • The on-site Zinc and Lead-Silver Concentrate Load-Out Facility and its adjacent weigh-scales are 85% complete and ready to receive its roofing.

  • The Crusher Tower base is now ready to mount the two on-site Metso Cone Crushers and be connected to the Ore Hopper and Processing facilities with the on-site Rapat conveyor system.

  • The 82 deep piers for the foundations of the on-site the Tailings Filter Press have been drilled and placed, in advance of the main concrete base being poured.