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Bunker Hill CEO talks reopening historic Silver Valley mine

Bunker Hill CEO Sam Ash gave a brief presentation on the progress being made at the Bunker Hill Mine, which is expected to be back in production in early 2025.
The Lucky Friday, a silver mine near Mullan, Idaho, is seen Wednesday, May 9, 2007, in the Silver Valley in Mullan, Idaho. With silver prices at their highest in more than 25 years, mining companies are riding a boom. in Idaho's Silver Valley, the handful of surviving companies are enjoying record revenues and big expansions. (AP Photo/Nicholas K. Geranios)

WALLACE, Idaho — Ongoing progress at the Bunker Hill Mine was the topic of a recent social event hosted by the Silver Valley Chamber last month at the 1313 Club.  

Bunker Hill Mine CEO Sam Ash spoke at the social, where he detailed the current work being completed and what people can expect once the mine is back in production.  

According to Ash, Bunker Hill is on pace to reopen in early 2025, and he anticipates anywhere from 220-250 new full-time jobs.  

The mine had operated as one of the largest silver-producing mines in the country for 100 years before shutting down in the early 1980s. Since then, the mine has sat mostly dormant, with only maintenance work being completed to ensure the mine could be reopened if and when the right people came in to bring Bunker Hill back into production. 

Ash, along with Bunker Hill Mining Corp. Board Chairman Richard Williams were part of a group that purchased the mine in 2020 with the goal of bringing it back into full-scale production.  

In the four years since the purchase, the mine has undergone several upgrades, both on the surface and underground, including the construction of a refurbished processing plant and upgrades and expansion at the historic Russell Portal.  

“When we were looking for opportunities, we wanted a mine that had world-class geology,” Ash said, “and the potential for a multi-decade operating life.”  

According to Ash, the mine already has five years’ worth of reserve materials ready to be mined, but there is also quite a bit of ground that hasn’t been touched.  

To read the full story, visit our news partners, the Coeur d'Alene Press.

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