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Hecla Mining Company

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Summary

Project:

Casa Berardi

Deposit:East Mine
Location:Canada
Commodities:Gold
Date:11/5/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:5-11-2019: Hecla Mining Company announces an Exploration/Drilling Update report for its East Mine deposit at the Casa Berardi project. Drilling results incl. 26.6ft @ 0.63oz/t Au from 1118.5ft. COEUR D’ALENE, Idaho--(BUSINESS WIRE)-- Hecla Mining Company
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Kurt D. Allen (Internal)
ABSTRACT:COEUR D’ALENE, Idaho--(BUSINESS WIRE)-- Hecla Mining Company (NYSE:HL) announces results from exploration and definition drilling programs at Casa Berardi’s East Mine. “Exploration and development drilling in the 148 Zone generated significant widths and grades two to three times higher than the average underground grade at Casa Berardi,” said Mr. Phillips S. Baker, Jr., President and CEO. “Given this is in the area of higher grades where the mine started 30 years ago, infrastructure is close, so production could start in about a year and could continue for a number of years as the mineralization appears to continue.” During the third quarter, drills operated in the East Mine to test several promising areas (Figures 1, 2 and 3). The East Mine has a history of high-grade mine production and since re-establishing access earlier this year, underground drilling is confirming and expanding high-grade lenses from the 148 to 160 zones. Drilling in the 148 Zone targeted areas down-plunge of current infrastructure. Results show high grades (Table 1), and the presence of visible gold in many of the drill holes with pending assays suggests they are open on strike and at depth down-plunge.

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