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Bunker Hill Updated PEA

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Tue, September 21, 2021 at 11:00 AMendedReplay
Bunker Hill Updated PEA

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Meeting Overview The meeting focused on the updated Preliminary Economic Assessment (PEA) results for Bunker Hill, highlighting improvements in mine economics and operational strategies. The team discussed the transition to a more efficient mining method and the positive implications for the project's future. Key Discussion Points - Overview of the updated PEA results and their significance. - Transition from cut and fill mining to long-haul open stoking for improved efficiency. - A 40% improvement in Net Present Value (NPV) and a short payback period of just over 2.5 years. - The potential for mine life extension and increased material input due to reduced operating costs. - Exploration opportunities for higher-grade silver to enhance the mine plan. - Market cap comparison and investment potential relative to spot prices. Decisions Made - The decision to adopt long-haul open stoking as the primary mining method moving forward. Action Items & Next Steps - [Unassigned] : Continue to ...

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[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: Hello, everyone, and welcome to Bunker Hill's live summit today, hosted by 6. Today, I'm joined by Sam Ash, the CEO of Bunker Hill, David Weins, their Chief Financial Officer, and Richard Williams, their Executive Chairman. The team is gonna walk us through their updated PEA results and after, they'll be accepting questions. You can submit your questions using the Q&A panel found on the right-hand side of your screen at any time. As always, this summit is being recorded and will be available to watch afterwards on six.com. [00:33] Speaker 1: So without further ado, Sam, we're gonna kick things off to you to get things started. [00:37] Speaker 2: Thank you, Cameron. And thank you everybody [00:39] Speaker 2: for dialing in today. It's really kind of an exciting day for us. We put out a press release yesterday [00:46] Speaker 2: on our updated PEA. We've been working pretty hard [00:51] Speaker 2: at optimizing [00:53] Speaker 2: the mine plan and moving towards [00:55] Speaker 2: restart of the mine. And I think what you see here today is really [01:00] Speaker 2: a positive [01:01] Speaker 2: move in the direction that we always knew that it was going to move. You know, when we put out the initial PEA, we were really looking to make sure that we had a solid, [01:10] Speaker 2: conservative case for the economics of the mine that supported a rapid restart, [01:15] Speaker 2: And we immediately went to work on optimization. [01:17] Speaker 2: And what we're looking at today is the results of that effort. [01:21] Speaker 2: And the primary driver [01:23] Speaker 2: of the improved economics [01:25] Speaker 2: that you're seeing here on this mine plan [01:28] Speaker 2: is around a mining ...