TORONTO, June 4, 2024 – Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (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’s 1300-acre land package consists of patented claims and represents the largest single claim package within Northern Idaho’s prolific Silver Valley. This exploration is being conducted concurrent with the ongoing construction of the mine’s surface and underground operating facilities.

VALUE RECOGNITION

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.

Figure 1: Bunker Hill Mine Workings, Reserves/Resources and area of 2024 exploration focus

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.

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.

The Company’s initial ‘proof of concept’ 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.
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