Bunker Hill completes Silver47 merger to form US silver producer

Bunker Hill Mining has completed its court approved merger with Silver47 Exploration, creating Bunker Hill Silver Corporation, an enlarged silver and critical minerals producer that will list on the TSX, with the Bunker Hill mine in Idaho due to start commercial production before the end of the year.

Why it matters: The combination pairs a mine nearing production, targeted at 2.5 million ounces of silver equivalent in 2027, with Silver47's development projects in Alaska, Nevada and New Mexico, adding scale to the small group of US based silver producers as Washington pushes domestic metal supply chains.

Data as of Mining Weekly report of November 9, 2026, read in full in this run; single source, so the completion terms are as reported there. Developing item.

Bunker Hill Mining Corporation has completed its merger with Silver47 Exploration under a court approved plan of arrangement, acquiring all of Silver47’s issued shares, with Silver47 shareholders receiving 0.1724 Bunker Hill shares for each share held. The enlarged company, Bunker Hill Silver Corporation, will list on the TSX, and existing Bunker Hill and former Silver47 shareholders own 57 percent and 43 percent of it respectively; Silver47 shares ceased trading on the TSX-V on November 9.

The deal combines the Bunker Hill mine in Idaho, where commercial production is due to start before the end of the year and output is expected to reach 2.5 million ounces of silver equivalent in 2027 ahead of a planned expansion beyond five million ounces, with Silver47’s Red Mountain, Hughes and Mogollon projects in Alaska, Nevada and New Mexico.

Bunker Hill completes Silver47 merger to form US silver producer

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