TORONTO, Oct. 23, 2020 (GLOBE NEWSWIRE) --
Bunker Hill Mining Corp
(the “Company”) (CSE: BNKR) announces that it has appointed James Stonehouse as Vice President Exploration, effective immediately.
Sam Ash, CEO, commented, “We are delighted to welcome James to the Bunker Hill Team. His deep understanding of the Silver Valley Geology and his hard-won project management and leadership skills will immediately enhance our exploration and development capability at this exciting time for the mine.”
Mr. Stonehouse is a highly seasoned exploration geologist with 45 years of experience, including 20 years at the Vice President level, providing leadership to exploration teams with track records of discovery and value creation in both greenfield and brownfield environments. He joins to lead and enhance the team of contract geologists that have been working on the project since March, some of whom were part of the Bunker Hill geological research and exploration team working at Bunker Hill in the 1970s.
Previously, Mr. Stonehouse was the Vice President Exploration at Americas Gold and Silver Corporation (TSX: USA), where he provided leadership, exploration strategy and development across their portfolio of assets, including the Galena mine, only seven miles away from Bunker Hill along the Silver Valley, Idaho. Prior to this, he has led multiple development projects in the Americas as Vice President Exploration/Operations or General Manager and has a long and proven track record of value creation and sound project management.
Mr. Stonehouse earned both his BA and subsequent MA in Geology at Dartmouth College, New Hampshire, USA.
Mr. Stonehouse commented: “The opportunity to join Sam and the new Bunker Hill team is very exciting given significant potential of the mine and their silver-focused exploration strategy. I look forward to playing my part in helping Sam to explore and then unlock its world-class potential”.
ABOUT BUNKER HILL MINING CORP.
Bunker Hill Mining Corp. has an option to acquire 100% of all saleable assets at the Bunker Hill Mine. Information about the Company is available on its website, www.bunkerhillmining.com , or within the SEDAR and EDGAR databases.
For additional information contact:
Sam Ash, President and Chief Executive Officer
+1 208 786 6999
sa@bunkerhillmining.com
Cautionary Statements
Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forwardlooking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to the Company’s intentions regarding its objectives, goals or future plans and statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: the ability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains; failure to identify mineral resources; failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; changes in equity markets; uncertainties relating to the availability and costs of financing needed in the future; the inability of the Company to budget and manage its liquidity in light of the failure to obtain additional financing, including the ability of the Company to complete the payments pursuant to the terms of the agreement to acquire the Bunker Hill Mine Complex; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry; and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved of the information contained herein.
