Bunker Hill on track for June 2026 Bunker Hill Mine restart, Idaho
Bunker Hill Mining Corp. [TSXV: BNKR; OTCQB: BHLL] provided an update on progress toward the H1 2026 restart of the Bunker Hill Zinc-Silver-Lead Mine located in the prolific Silver Valley, Idaho, USA.
Highlights – Safety First: The project has achieved 40 months with no lost time injuries.
Project Progress: Construction and commissioning is now 85% complete, and on track for the restart of operations and first concentrate production in June 2026.
Processing Plant: the mills are turning, with commissioning advancing ahead of plan, complemented by the hiring of new team members.
Filter Plant: 100% of all mechanical installation is completed, with contractors advancing the installation of piping and electrical ahead of schedule.
Underground Preparation: Stockpiles are now sufficient to support the first three months of operations, with development advancing rapidly to encompass all stopes included in the first six months of the mine plan. Plans continue to be optimized, focused on maximizing early cash flow, enhanced by the arrival of the new underground fleet from Caterpillar Inc.
Exploration Restart: Timberline Drilling has been contracted to conduct 25,000 feet of drilling on higher-grade silver targets at Bunker Hill and Ranger Page from April 2026. This is the first phase of a multi-phase drilling campaign to run through 2026.
“As the first signs of spring are seen in the Silver Valley, the Bunker Hill project advances at pace towards its June operational restart. Our team is expanding in size daily, with each new member slotting seamlessly into positions in accordance with our operational readiness schedule,” said Sam Ash, President and CEO.
“Even more exciting is the contracting of Timberline Drilling, who will support our exploration team by drilling several high-grade silver targets within both the Bunker Hill and Ranger Page properties beginning in April. This is the initial phase of a multi-phase campaign that will continue through 2026 and represents the start of the largest drilling campaign conducted at Bunker Hill since the mine closed in 1981.”
Mechanical installation in the Tailings Filter Press is 100% complete, with the focus now on installing electrical connections and piping. All installations are on track for the restart.
The underground mining team continues to prepare the stopes for mining and extend the underground ramp down to the 9 Level, opening new areas for mining.
The mining team has received the first in a batch of new vehicles from Caterpillar, Inc., which will support full-time mining operations starting in June 2026.
The Bunker Hill exploration team and its contractors will begin work in April on >25,000 feet of drilling targeting exploration targets on both the Bunker Hill and Ranger Page properties. Focused primarily on higher-grade silver, this follows nearly six months of work with VRIFY AI, a recent land acquisition and marks the start of a multi-phase drilling campaign, the largest and most extensive at Bunker Hill since the mine closed in 1981.
In connection with the recently completed LIFE offering, the company wishes to clarify that the units issued under the offering comprised one pre-consolidation common share and one-half of a warrant.
The company remains focused on advancing construction and development activities in support of a planned restart of operations. Bunker Hill will continue to provide updates as key milestones are achieved.
Bunker Hill is an American mineral exploration and development company focused on revitalizing our historic mining asset: the renowned Bunker Hill Mine zinc, lead, and silver deposit in northern Idaho’s prolific Coeur d’Alene mining district.
This strategic initiative aims to breathe new life into a once-productive mine, leveraging modern exploration techniques and sustainable development practices to unlock the potential of this mineral-rich region. Bunker Hill Mining aims to maximize shareholder value while responsibly harnessing the mineral wealth of the Silver Valley mining district by concentrating our efforts on this single, high-potential asset.
