Bunker Hill Mining Corp · TSX:BNKR
Bunker Hill Mining — Investor Presentation (October 2020)
20 slides from Bunker Hill Mining's investor presentation, October 2020
Slide 1: Exploring High-Grade Silver Potential to Enable Sustainable Restart of Bunker Hill Mine
BNKR:CN BNKR:CN EXPLORING HIGH-GRADE SILVER POTENTIAL TO ENABLE THE SUSTAINABLE RESTART OF THE BUNKER HILL MINE CORPORATE PRESENTATION: OCTOBER 2020 1
Slide 2: Forward Looking Statements
BNKR:CN FORWARD LOOKING STATEMENTS Certain statements in this presentation are forward-looking and involve a number of risks and uncertainties. Such forward looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securit
Slide 3: Cautionary Note to United States Investors Concerning Estimates
BNKR:CN Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources This presentation has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless
Slide 4: Overview
BNKR:CN Overview A new team with a new silver-focused strategy Ø Right to acquire 100% of the Saleable Assets of the Bunker Hill mine until Aug 2022 Bunker Hill Mine, Idaho Ø New ex-Barrick Leadership Team based on site Ø Funded now to explore for silver, and design long-term water-management soluti
Slide 5: Investment Highlights
BNKR:CN INVESTMENT HIGHLIGHTS Opportunity to build a modern, sustainable, long-life mine within a safe jurisdiction World Class Brownfield Ø Significant High-Grade Silver potential identified in 1970s and Exploration Potential unexplored since the mine closed in 1981 Ø 95 Years of data incorporated
Slide 6: Vision and Strategy
BNKR:CN VISION AND STRATEGY Mining in ways that enhance the quality of the environment To restart the Bunker Hill Mine as a modern, zero-emission, zero-footprint, long-life, underground operation: Ø Focused upon the highest-grade silver Ø Leveraging existing infrastructure and low- cost hydro-power
Slide 7: New Experienced Management Team in Place
BNKR:CN NEW EXPERIENCED MANAGEMENT TEAM IN PLACE Strong execution track record Richard Williams Sam Ash James Stonehouse Wayne Parsons Brad Barnett Executive Chairman Chief Executive Officer VP Exploration Financial Director VP Sustainability Joined: Apr 2020 Joined: May 2020 Joined Oct 2020 Joined:
Slide 8: Corporate Profile
BNKR:CN CORPORATE PROFILE To list on TSX-V in H2-2020 Share Ownership Institutions CSE: BNKR BHHL: OTC 19% Shares Outstanding 143,117,455 Valuestone 9% Options (@ CAD0.62 Average Price) 4,696,712 Retail 59% Warrants (@ CAD0.50 Average Price) 99,052,256 Hummingbird 6% DSUs 7,500,000 Management 7% RSU
Slide 9: Located in the Largest USA Silver Producing Region
BNKR:CN LOCATED IN THE LARGEST USA SILVER PRODUCING REGION Coeur D’Alene district: +1.2Bn oz of Silver produced to date SIGNIFICANT SYNERGIES EXIST: • 60% USAS/40% Sprott exploring Galena Mine • Electrum (Kaplan) investing in Sunshine Mine • HECLA ramping up Lucky Friday and Gold Hunter mines at >35
Slide 10: Bunker Hill Geology – the fundamentals
BNKR:CN Bunker Hill Geology – the fundamentals Highest Grade Silver found within the Galena-Quartz Veins (A) The dominant host rock is the quartzites Isometric view of Bunker Hill Mine of the Upper Revett Formation, fractured by looking E/NE, folding along the apex of an anticline. (B) Mineralizatio
Slide 11: 43-101 Resources
BNKR:CN 43-101 Resources Delivered by H1 2020 digitisation, data compilation, drilling, and sampling program (A) Resources are delineated in ways that reflect the primary mineralization: • Silver/Lead Resources relate to the Galena-Quartz Veins • Silver/Zinc Resources relate to either Bluebird or Hy
Slide 12: In-Situ Infrastructure
BNKR:CN In-Situ Infrastructure Opportunity to leverage existing infrastructure and intact mining permit (A) Mine offices at entrance to Kellogg Tunnel (at Level 9) (B) Mine developed in 200’ levels from RUSSELL surface to 25 Level (800’below sea TUNNEL (L4) level). Sea Level is 21 Level. CHERRY (C)
Slide 13: Long-Term Water Management
BNKR:CN Long-Term Water Management Opportunity exists to significantly reduce treatment costs and long-term liability E122000003CVO 152215.FS.02 Bunker Hill “Fig 2-12.fh8 01/15/01 ams (A) Mine water is maintained at 11 Level whilst receiving water from surface, which LEGEND then flows through old wo
Slide 14: Current Exploration Program
BNKR:CN Current Exploration Program To affirm high-grade silver potential within the upper areas of the mine 7,500’ Surface Drilling L 11 Water Level Upper Target Type 2 Galena-Quartz or Hybrid Veins bypassed by past exploration 7,500’ UG Drilling and Selected Stope Sampling and/or mining. These inc
Slide 15: Upper Levels Silver Targets: Historical Drill Results
BNKR:CN UPPER LEVELS SILVER TARGETS: HISTORICAL DRILL RESULTS High Grade Silver above Level 12, with most above existing water at Level 10/11 Hole # Interval in Feet Silver OPT Ore Body Level 3183 5.0 98.0 Quill 12 3042 5.0 28.6 Quill 10 3219 7.0 28.4 Quill 12 2872 5.0 21.3 Quill 10 2803 2.0 20.4 Qu
Slide 16: Deeper Exploration – the next step
BNKR:CN Deeper Exploration – the next step To validate extension of known Galena-Quartz Veins and Zonation at Depth Deep Exploration Focus • Down dip extension (Emery, J-Vein) – Deepest developed level is 26 Level (600’ below sea level) – Much shallower than the Galena, Sunshine and Lucky Friday min
Slide 17: Lower Levels: Significant Exploration Upside
BNKR:CN LOWER LEVELS: SIGNIFICANT EXPLORATION UPSIDE If Silver zonation occurs at depth, Bunker Hill is likely to represent a major silver discovery Top 4 targets: Veins J-VEIN CALEDONIA EMERY FRANCIS/FW FRANCIS TOTAL INSIGHTS • Hybrid Vein includes • Tetrahedrite Vein • Hybrid Vein includes Tetrahe
Slide 18: On-going PEA analysis
BNKR:CN On-going PEA analysis To determine, by Q1 2020, sustainable re-start and early consolidation opportunities Mining Concepts to support highest sustainable returns from production of high-grade Lead-Silver Concentrate: Processing Ø De-watering and Development in stages Power Ø 600-1500t/day Me
Slide 19: Significant Value-Creation Progress to Date
BNKR:CN Significant Value-Creation Progress to Date On track to achieve all milestones in H2 2020 New Drill Hired New Digital Geo Maiden Upper Level Initial Exploration: Model ✓ Program ✓ 43-101 ✓ VP ✓ Silver Results restart PEA started Exploration built issued Reduced Started Start Define terms of
Slide 20: Contact Information
BNKR:CN Contact Information Key Contact Appointment Contact Details Mr Sam Ash Chief Executive Officer sa@bunkerhillmining.com (Idaho) +1 208 627 7586 Mr Wayne Parsons Finance Director wp@bunkerhillmining.com (Toronto) +1 519 871 3998 Website: www.bunkerhillmining.com 20
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