Bunker Hill Ships First Concentrate in 45 Years, Faces Ramp-Up Test

The processing facility, the largest and most modern in the Silver Valley, can handle 1,800 tonnes per day. The company is already studying an expansion to 2,500 tpd. The ramp-up timeline hinges on throughput, metallurgical stability, and financing for future growth. Bunker Hill sits within an EPA Superfund site, adding regulatory and remediation complexity. The company said it has managed that through partnerships with regulators.

Exploration drilling targets the Cate-8 Vein, a high-grade silver-lead structure near existing infrastructure. The company has completed 16 core holes totaling 5,960 feet, all of which hit visible galena mineralization inside and outside the modeled vein zone. Another 28 holes totaling roughly 14,000 feet are planned – 16 from the current station on the 8 Level and 12 from a new station on the 7 Level to test the up-dip projection. The goal is to bring Cate-8 into the short-term mine plan and add to the reserve base.

Bunker Hill employs over 200 local staff. The stock trades on the TSX and OTCQB with a market cap reflecting the pre-revenue stage. The first concentrate shipment shows the project can produce. The next catalyst is commercial production, which would trigger operating guidance and a de-risking of the equity.

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