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Hecla Mining Company

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Summary

Project:

Casa Berardi

Deposit:Casa Berardi
Location:Canada
Commodities:Gold
Date:5/8/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:8-5-2019: Hecla Mining Company announces an Exploration/Drilling Update report for its Casa Berardi deposit at the Casa Berardi project. Exploration drilling update during Q1 2019. COEUR D’ALENE, Idaho--(BUSINESS WIRE)-- Hecla Mining Company (NYSE:HL) tod
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Dean McDonald (Internal)
ABSTRACT:COEUR D’ALENE, Idaho--(BUSINESS WIRE)-- Hecla Mining Company (NYSE:HL) today provided an update on its drilling programs during the first quarter. “We have been successful in discovering high-grade mineralization at Casa Berardi, San Sebastian, Greens Creek and in Nevada,” said Mr. Phillips S. Baker, Jr., President and CEO. “Our focus at Casa Berardi is increasing underground reserves and as expected, we are seeing the underground resource continuing as the exploration moves east. In Mexico, the discovery of additional oxide resources at San Sebastian could extend the mine life. At Greens Creek we could see reserve increases again this year as the resources are upgraded. In Nevada, one of our main reasons for the acquisition is being proved with many high-grade intercepts.” Exploration (including corporate development) expenses were $4.4 million for the first quarter, a $3.0 million decrease over the first quarter of 2018. Exploration activities remained focused at Nevada Operations and at San Sebastian, Casa Berardi and Greens Creek.

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