BUNKER HILL MINING CORP
Description
Bunker Hill Mining Corp., previously known as Liberty Silver Corp., is a Canada-based mining company primarily engaged in the exploration and development of mineral properties.
The company's flagship asset is the 100% owned Bunker Hill Mine, located in the Silver Valley, Idaho.
Key Projects
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~ 1. Bunker Hill Mine: This is the primary project of Bunker Hill Mining Corp., situated in Idaho's prolific Silver Valley. The mine primarily produces lead, silver, and zinc. The company focuses on reviving and optimizing the production capabilities of this mine, leveraging its rich deposits and strategic location.
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~ 2. Brokered Placement for Funding: Bunker Hill Mining Corp. announced a significant funding initiative involving the issuance of up to 190,476,190 units at a price of CAD 0.150885 per unit. This effort aims to raise gross proceeds of approximately CAD 28,740,000, which will be used to support the company's mining operations, including capital costs and working capital needs.
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~ 3. Amendment of Royalty Agreement: The company has amended its royalty agreement, which is a critical financial adjustment to better support the operational and financial structure of the company. This amendment is aimed at enhancing the economic terms and conditions under which the company operates, thereby potentially improving profitability and operational efficiency.
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~ These projects and initiatives illustrate Bunker Hill Mining Corp.'s strategic approach to ensuring the sustainability and growth of its mining operations, focusing on both operational enhancements and financial restructuring to optimize its resource extraction and profitability.