{"id":80909,"date":"2024-06-04T11:01:01","date_gmt":"2024-06-04T11:01:01","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/bunker-hill-exploration-from-discovery-to-delivery\/"},"modified":"2024-06-04T11:01:01","modified_gmt":"2024-06-04T11:01:01","slug":"bunker-hill-exploration-from-discovery-to-delivery","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/bunker-hill-exploration-from-discovery-to-delivery\/","title":{"rendered":"Bunker Hill Exploration From Discovery to Delivery"},"content":{"rendered":"
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TORONTO, June 04, 2024 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (\u201cBunker Hill<\/strong>\u201d or the \u201cCompany<\/strong>\u201d) (TSXV: BNKR, OTCQB: BHLL) is pleased to provide an update on its recently commenced underground exploration program at the Bunker Hill Mine located in Kellogg, Idaho. The Company\u2019s 1300-acre land package consists of patented claims and represents the largest single claim package within Northern Idaho\u2019s prolific Silver Valley. This exploration is being conducted concurrent with the ongoing construction of the mine\u2019s surface and underground operating facilities.<\/p>\n

VALUE RECOGNITION<\/strong><\/p>\n

The Bunker Hill Mine is comprised of multiple structural and strata-bound\/form zinc-lead-silver mineralized bodies, many of which remain open for expansion upward, down dip, and along strike.<\/p>\n

Figure 1: <\/strong>Bunker Hill Mine Workings, Reserves\/Resources and area of 2024 exploration focus<\/p>\n

<\/p>\n

The Bunker Hill Underground Mine operated continuously for over 100 years and produced over 5Mt of base metals and 165Moz of silver before operations ceased in 1981 due to environmental performance issues associated with its lead smelter and zinc plant. The smelting and processing facilities were then dismantled, and the mine allowed to flood up to the 10 Level with the area being fully remediated as a part of the national Superfund environmental remediation program.<\/p>\n

Since then, there has been little modern exploration, and none that is based upon the latest mineral system modeling and in-mine\/near-mine geophysical technologies. The Company therefore considers that with the focused employment of these modern systems the potential for the discovery of extensions to known mineralization in addition to new blind mineralization to be good to excellent.<\/p>\n

Data mining of the extensive 3,159 historic drillhole database and geologic mapping, coupled with structural and 3D modelling by the new management team, has identified numerous low-risk, high-reward zinc-lead-silver targets at all levels of the currently defined deposit.<\/p>\n

The Company\u2019s initial \u2018proof of concept\u2019 exploration focus, funded by the existing mine restart budget, will be those associated with the Quill and Newgard mineralized zones, above the existing water level and accessible to planned or existing underground infrastructure; as shown in Figure 2.<\/p>\n

Figure 2: <\/strong>Quill and Newgard Exploration Targets being drilled in the upper part of the mine during 2024<\/p>\n

\"Figure<\/p>\n

VALUE ADD<\/strong><\/p>\n

This initial program supports the Company\u2019s \u201cValue Add\u201d exploration strategy. This seeks to:<\/p>\n