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Bunker Hill Mining ( (TSE:BNKR) ) just unveiled an update.
Bunker Hill Mining Corp. has received the final $6 million tranche from the Sprott Standby Facility, totaling $21 million, to support the development of its Bunker Hill Mine in Idaho. This funding aligns with the company’s strategic financing efforts and coincides with the U.S. administration’s enhanced focus on critical minerals, which may delay the start of commercial operations to the second half of 2025. The company is also progressing in its application for $150 million in US EXIM Bank financing, which could enhance production, extend mine life, and strengthen its financial standing. This move could bolster U.S. critical metal supply chains and increase employment amid global competition.
More about Bunker Hill Mining
Bunker Hill Mining Corp. is an American mineral exploration and development company dedicated to revitalizing its historic zinc, lead, and silver mining asset in northern Idaho’s Coeur d’Alene district. The company employs modern exploration techniques and sustainable practices to maximize shareholder value while responsibly utilizing mineral resources in the Silver Valley mining district.
YTD Price Performance: 4.46%
Average Trading Volume: 389,844
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $41.28M
For detailed information about BNKR stock, go to TipRanks’ Stock Analysis page.
