Exploration JV On London Mining Gold District In Colorado
TORONTO - Bunker Hill Mining Corp. reported its intention to enter into a joint venture with MineWater Finance LLC to explore the mineral potential of the London gold mine, and the surrounding district, in Colorado. London Mining District produced gold and silver from 1875 to 1942, including over 650,000 gold ounces from the London Mine.
Sam Ash, CEO, said, “We are delighted to announce this partnership with MineWater to explore the prospective London Mining District in Colorado. This aligns with our strategy to grow the value of our company via the regeneration of closed and undervalued precious metals assets in North America in ways that leverage advanced mining, governance and sustainability practices. This partnership combines Bunker Hill’s mining expertise with MineWater’s superb track record of environmental remediation and stewardship, which is key to sustainably revitalizing historic mining districts. While our near-term focus and capital allocation priority continues to be the rapid restart of the Bunker Hill Mine, and its subsequent organic development, we are very excited to add this new option to our North American value-creation pipeline.”