TORONTO, CANADA – Bunker Hill Mining Corp. (the “Company” or “Bunker Hill”) (CSE: BNKR) announced Wednesday morning that it is in default of its Lease with Option to Purchase Agreement (the “Agreement”) with Placer Mining Corporation, the lessor of the Bunker Hill Mine.

The default has arisen as a result of missed property payments, totaling $400,000, which were due at the end of September and on October 1, 2018.

As per the Agreement, the Company has 15 days, from the date notice of default was provided (September 28, 2018), to remedy the default by making the outstanding payment. Bunker Hill is working with urgency to resolve this matter.