- Bunker Hill (BNKR) discovers high-grade silver mineralization at the Bunker Hill Silver-Lead-Zinc Mine in Kellogg Idaho
- Discovered during the development of an underground ramp connecting Levels 5 and 6 in the upper part of the mine
- The structure remains open along both strike and dip forming an attractive silver exploration target
- Geologists conducted a channel-chip sampling program along the length of the vein exposure at approximate 10 intervals for a total of 17 samples between the north and south rib
- Recently under new Idaho-based leadership, the Bunker Hill Mining Corp intends to sustainably restart and develop the Bunker Hill Mine while focusing on silver
- Bunker Hill Mining (BNKR) is up over 7 per cent, trading at C$0.15 at 12:38 pm EST
Bunker Hill Mining (BNKR) has discovered high-grade silver mineralization at the Bunker Hill Mine in Kellogg Idaho.
Sam Ash, CEO, stated, “Encountering this new vein through our current development in the upper part of the mine highlights the potential to add additional high-value tons to our existing mineral resources.”
“Silver-lead vein style mineralization was the primary source of Bunker Hill’s early production, and we look forward to continuing to explore this emerging new target concurrent with the restart of operations,” added Ash.
The vein is considered to be analogous to historically mined, low-angle extension structures which formed part of the “J” vein stopes.
The “J” stopes historically produced over 1.1 Mt with an average grade of 7.59 OPT Ag, 9.88 per cent Pb and 0.59 per cent Zn – therefore, this newly discovered vein forms an attractive high-grade silver-lead target.
Bunker Hill geologists have now completed a channel sampling program on the accessible portions of the structure.
The structure’s proximity to existing 5-level workings provides a readily available drill platform from which to further explore the extent of the vein.
Bunker Hill geologists conducted a channel-chip sampling program along the length of the vein exposure at approximately 10 intervals for a total of 17 samples between the north and south rib.
Samples were taken vertically while respecting mineralogical and structural boundaries of the overall structure width and internal high-grade core mineralization.
The results from this sampling program will be used to guide future exploration efforts to bring the mineralized material into Bunker Hill’s mineral resources.
Mineralized silver-lead extension structures like the one encountered are repeatedly reported throughout the mine’s historical literature and represent attractive high-value in-mine exploration targets.
Recently under new Idaho-based leadership, the Bunker Hill Mining Corp intends to sustainably restart and develop the Bunker Hill Mine while focusing on silver.
Bunker Hill Mining (BNKR) is up over 7 per cent, trading at C$0.15 at 12:38 pm EST.
