Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Explorer Uncovers High-Grade Zinc at Idaho Silver Project
News Update

Share on Stocktwits


Bunker Hill Mining Corp. reported that silver exploration efforts at the Bunker Hill Mine identified high-grade zinc mineralization that is expected to increase and expand the resource base calculation for the upcoming PEA.

Bunker Hill Mining Corp. (BNKR:CSE; BHLL:OTCMKTS) reported in a news release that it has "intercepted strong zinc mineralization over significant widths in the upper levels of the Bunker Hill Mine." The firm stated that hole 7055 intersected these high-grade zinc intercepts above the base water level and that the area where they were discovered is located very near to existing infrastructure. Bunker Hill Mining pointed out that these newly found intercepts lie outside the current resource boundary and therefore are expected to increase and expand the resource base calculation for the Bunker Hill Mine's preliminary economic assessment (PEA), which is scheduled for completion in early Q2/21.

The company listed that assay results from hole 7055 returned 2.4 meters of 16.9% zinc, 38.4 g/t silver and 2.8% lead, representing 20.2% zinc equivalent. An additional, larger intercept in the same drill hole starting at a depth of 25.3 meters delivered 19.2 m of 3.5% zinc, 21.3 g/t silver and 1.6% lead, representing 5.3% zinc equivalent.

Bunker Hill Mining's CEO Sam Ash commented, "We are encouraged by the continued progress of our drill program, and in particular this shallow, high-grade result which will support the PEA we are completing. Our strategy is yielding results, with a dual focus on rapidly restarting the Bunker Hill Mine while concurrently exploring its significant high grade silver potential. Over the coming weeks we look forward to publishing further drill results in this regard."

The company advised that the remainder of its 2021 drill program will be concentrated on exploration of high-grade silver targets in the mine's upper levels. The firm noted that it has already completed drilling the targets identified in its campaign designed to propel a rapid and phased restart of the mine, which it noted would be included in the upcoming PEA.

Bunker Hill Mining indicated that its 2021 drilling program calls for drilling a total of 10,000-12,000 meters. The company stated that the planned target areas have been selected based upon data compiled from a recently commissioned 3D geologic model that integrates 95 years worth of collected historical mine data. The firm added that the cumulative data was composed of more than 180,000 meters of drilling across 3,500 previously drilled holes. Those results in turn were then analyzed in comparison with hundreds of detailed historical mine geology maps.

The firm indicated that it owns an option which provides it with the rights to acquire 100% of all saleable assets at the Bunker Hill Mine.


1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Bunker Hill Mining. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Bunker Hill Mining, a company mentioned in this article.

Want to read more about Silver and Base Metals investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe