Bunker Hill Mining Corp. reported that it has secured a ball mill capable of increasing production throughput at the Bunker Hill Mine. The equipment secured includes a ball mill, motor and numerous spare parts, and is being purchased from D'Angelo International LLC.

The mill being purchased is 13.5' diameter by 20' in length, is powered by a 2,000 horsepower motor, and is intended to fulfill the 1,800 tpd mine plan in the PFS. A grindability study has indicated a maximum throughput capacity of 2,100 tpd under Bunker's ore specifications; through continued mine planning and optimization, the Company plans to investigate the feasibility of this run rate in future mine models. The mill was previously utilized at a mining operation in the western US, within 500 miles of the Bunker Hill Mine.

The Company is planning delivery for the first quarter of 2023, consistent with scheduled mill construction activities. A non-refundable down payment of $100,000 has been paid, with two payments to follow in October 2022 and December of 2022 for a total purchase price of $675,000.