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Bunker Hill Mining Recommences Construction Activities, Remains on Schedule and Budget for Mine Restart in Q4 2024
HIGHLIGHTS Portal rehabilitation contract awarded to GMS Mine Repair and Maintenance; work commencing to expand and upgrade the Russell Portal to ensure optimal
About this update from Bunker Hill Mining Corp
[{"type":"text","content":" HIGHLIGHTS Portal rehabilitation contract awarded to GMS Mine Repair and Maintenance; work commencing to expand and upgrade the Russell Portal to ensure optimal haulage efficiencies and vehicle access once mining starts as a first step of a multi-phase underground infrastructure enhancement program Completed purchase of ball mill capable of expanding production throughput capacity from Barrick’s Golden Sunlight Mine has been completed; transport to Bunker Hill site planned during Q3 2023 Process plant engineering expected to be 100% complete in Q3 2023, concurrent with initiation of long lead time procurement of conveyor systems, equipment refurbishment, mill building, other components In partnership with Avista Utilities, construction commencing to upgrade the power infrastructure supporting mining and processing operations, linking the Wardner primary mining area to the main grid Optimization work ongoing to examine the opportunity of increasing mine and mill throughput to 2,500 tpd, reducing operating costs and increasing recoveries Executive Chairman Richard Williams and CEO Sam Ash to host interactive 6ix investor event Monday, July 31 at 11:00am ET / 8:00am PT. Investors are invited to register at: [LINK] TORONTO, July 27, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to report that concurrent with finalizing the engineering of the processing plant, the Company has now restarted construction work on site, and is on schedule and budget to restart mining operations by the end of 2024. Sam Ash, CEO, stated: “I am delighted to report that we have now restarted physical construction work on site, and that our post-financing project review affirms that we remain on track to start production in Q4 2024 in accordance with the existing budget. This aligns with our strategy of delivering a low capex restart to set a solid foundation to unlock significant value creation via subsequent optimization and exploration.” RUSSELL PORTAL UPGRADE STARTED – THE NEXT STEP ON UNDERGROUND INFRASTRUCTURE DEVELOPMENT The Russell Portal, constructed in the 1980s and located at the Wardner site, provides primary access to and egress from the initial mining areas at Level 4 of the underground. Following a competitive tender, this is being expanded by GMS Mine Repair and Maintenance Inc of Maryla...