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Bunker Hill Mining Announces Mineral Resource Update, Including 59% Increase in M&I to 1.1 Billion Zinc Eq Pounds at Higher Grades
HIGHLIGHTS: Measured & Indicated (“M&I”) Resource of 6.6 million tons at a zinc equivalent (“ZnEq”) grade of 8.4%, equating to 1.1 billion ZnEq pounds, a 59% in
About this update from Bunker Hill Mining Corp
[{"type":"text","content":" HIGHLIGHTS: Measured & Indicated (“M&I”) Resource of 6.6 million tons at a zinc equivalent (“ZnEq”) grade of 8.4%, equating to 1.1 billion ZnEq pounds, a 59% increase vs. the March 2021 published Indicated Resource M&I increase reflects 50% more tons, higher grades for all metals, and a 124% increase in silver ounces Inclusion of a Measured category for the first time with conversion of 2.2 million tons Inferred Resource increases 17% to 1.2 billion ZnEq pounds with higher grades for all metals CEO Sam Ash and CFO David Wiens to host live interactive 6ix virtual investor event on Wednesday, December 1st at 2:00PM ET / 11:00AM PT. Investors are invited to register for this event at: [LINK] TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corporation (the “Company”) (CSE: BNKR; OTCQB: BHLL) is pleased to announce the completion of an updated Mineral Resource Estimate (“MRE”) for the Bunker Hill Mine. Sam Ash, CEO, stated, “We are pleased to report an updated Mineral Resource Estimate for the Bunker Hill Mine. Most significantly, the Measured and Indicated category has increased 59% to 1.1 billion zinc equivalent pounds with higher grades for all reported metals, including a 124% increase in silver ounces and the conversion of material to the Measured category for the first time. These results reflect the excellent work by our geology team over the last few months to incorporate the final results of our Phase 2 drill program, advance the detailed digitization of historical data, and reflect a more refined geologic interpretation of Bunker Hill’s mineralization. This allows us to further optimize mine planning and engineering studies, concurrent with the finalization of our project finance process.” In addition to preparing for the restart of mining in the upper part of the mine, the Company continues to refine its plans to explore the high-grade silver potential at depth and those new areas of interest that may be highlighted by its recent geophysical survey. The updated MRE, effective November 29, 2021, is summarized in Table 1 below. The previous MRE, effective March 22, 2021, is summarized in Table 2 below. Zinc equivalent pounds (as referenced in the Highlights above) in the new Mineral Resource Estimate, effective November 29, 2021, is calculated utilizing data...