Announcement Date: 2022-11-21
Announcement Type: Pre-Feasibility Study
Announcement Code: NI43-101
Company name: Bunker Hill Mining Corp.
Project name: Bunker Hill
Location: United States
Commodities: Silver,Lead,Zinc
Highlight: Pre-Feasibility Study result incl. NPV (5%) of USD $62.826M & IRR of 36.0%
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: This report entitled “Technical Report and Pre-Feasibility Study for Underground Mining, Milling and Concentration of Lead, Silver and Zinc at the Bunker Hill Mine, Coeur d’Alene Mining District, Shoshone County, Idaho, USA” (the “Technical Report”), describes the mining and processing operations at the Bunker Hill Mine (“Bunker” or “Bunker Hill” or “the Project” or “the Property”) located near the town of Kellogg Idaho for Bunker Hill Mining Corp. (“BHMC” or the “Company”). This Technical Report considers a processing approach at Bunker where Pb, Ag and Zn mineralization is mined underground. Mineralized material will be conventionally milled and then concentrated by flotation of lead and silver (Pb/Ag) followed by flotation of zinc (Zn). Metal rich concentrates will then be sold to smelters in North America or overseas. Mill tailings will be deposited underground in the historic mining voids located throughout the Project. Table 1-1 lists the Mineral Resource estimate, inclusive of reserves, for Bunker. Mineral Resources are classified according to the CIM Definition Standards of May 10, 2014 (“CIM”). The guidance and definitions of CIM are incorporated by reference in National Instrument 43-101 -Standards of Disclosure for Mineral Projects within Canada of the Canadian Securities Administrators
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