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Hecla Mining Company
Summary
| Project: | San Sebastian | |
|---|---|---|
| Deposit: | San Sebastian | |
| Location: | Mexico | |
| Commodities: | Silver-Copper-Lead-Zinc | |
| Date: | 8/6/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-8-2019: Hecla Mining Company announces an Exploration/Drilling Update report for its San Sebastian deposit at the San Sebastian project. Exploration drilling update during Q2 2019. COEUR D’ALENE, Idaho--(BUSINESS WIRE)-- Hecla Mining Company (NYSE:HL) t | |
| 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 of its exploration and drilling programs during the second quarter. There were up to 21 drills operating at 5 mines in North America, with spending of $4.2 million, a $3.3 million reduction over the second quarter of 2018. Exploration activity is expected to decline to 12 drills in the third quarter as expenditures are reduced. “Because of the momentum of our exploration program, we have made a number of discoveries of higher-grade material that could impact mine plans next year and extend the mine lives, despite lower spending levels,” said Mr. Phillips S. Baker, Jr., President and CEO. “At Casa Berardi underground exploration has been successful on several fronts. In the newly accessed, historically high-grade East Mine, recent half ounce grade intersections have defined a series of lenses over a long strike length. Some of those lenses appear to have potential for bulk mining. Drilling has also defined high-grade extensions in the West Mine. In Mexico, the discovery of additional mineralization on the newly discovered El Toro Vein could extend oxide production. The future of Greens Creek remains bright as we continue to find high-grade mineralization and upgrade resources.” | |
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