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Bunker Hill Mining Receives Third Tranche from Sprott Standby Facility
SIISprott(SII) GlobeNewswire News Room·2025-01-20 23:00

Core Viewpoint - Bunker Hill Mining Corp. has received a third tranche of US5millionunderaseniorsecuredcreditfacilitytosupportthedevelopmentofitsBunkerHillMineinIdaho,withtotalfundingpotentiallyreachingUS5 million under a senior secured credit facility to support the development of its Bunker Hill Mine in Idaho, with total funding potentially reaching US21 million [1][2]. Company Overview - Bunker Hill Mining Corp. is focused on revitalizing its historic mining asset, which includes zinc, lead, and silver deposits in Idaho's Coeur d'Alene mining district, aiming to maximize shareholder value through sustainable development practices [3][4]. Financial Support and Development Plans - The company has already received US$10 million from Sprott Private Resource Streaming and Royalty Corp. and is working towards fulfilling conditions to access the remaining funds [1][2]. - The operational team is actively engaged in discussions with strategic financing partners and government representatives to advance the restart project, which is expected to create new mining jobs and enhance American industrial security [2].