Investors and Bunker Hill Mining (TSXV: BNKR; US-OTC: BHLL) management celebrated the company’s graduation to the TSX Main board on May 15 at the TMX Group’s Market Centre in Toronto.
With its Idaho zinc-silver-lead mine expected to restart this month and recent drills intersecting high-grade silver, the company opening the market was a positive milestone on its path towards becoming a mid-tier silver and critical metals producer.
The TSX graduation comes just over one year after Teck Resources (TSX: TECK.A/TECK.B, NYSE: TECK) invested $40 million (C$57 million) in Bunker Hill as part of a strategy to improve efficiency at its Trail refining operation in British Columbia.
It combines with debt restructuring to lift Teck’s ownership of Bunker Hill to 32.6% from 6.6% previously. The deal will help secure high-quality shipments of zinc and lead concentrates for Trail which is also fed from Teck’s Red Dog in Alaska.
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