There’s talk once again of reopening the storied Bunker Hill Mine in the Silver Valley.

A Canadian company says it wants to buy the long-closed mine in Kellogg with an eye toward restarting production there, just a mile west of the ski slopes of Silver Mountain. The 132-year-old mine primarily was a lead and zinc producer but also turned out silver.

Toronto-based Liberty Silver Corp., which began as an over-the-counter penny stock in the U.S.. said it has entered into a non-binding letter of intent to pay Placer Mining Corp. $30 million for Bunker Hill. Placer Mining has owned Bunker Hill since 1991/Scott Maben, SR. More here.