| Hecla Reports New High-Grade at Casa Berardi and Expanding Near-Surface Oxide Resource at San Sebastian Company Release - 8/6/2019 6:00 AM ET 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. HIGHLIGHTS 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. Casa Berardi - High-grade lenses defined in the upper East Mine have a strike length of over 2,000 feet and may be added to the 2020 production plan.
- Underground drilling in the West Mine continues to define high-grade mineralization trends down-plunge, near the bottom of the mine and along strike.
- The large, potentially bulk-mineable area beneath the proposed 160 open pit continues to expand.
- Further consolidation of the Casa Berardi land position.
San Sebastian - Potential extension of oxide mine life through the new El Toro Vein with over 4,000 feet along strike and within 525 feet of surface.
Greens Creek - Confirmed and expanded the high-grade resources in the upper and central parts of the mine with the in-fill drilling that compares well in thickness and location to existing trends.
- Drilling in the southern part of the mine on the 200 South Zone is evaluating southern extensions to the mineralized trends.
Nevada - High-grade intersections at Spiral 2 at Fire Creek to be evaluated.
- Drilling in Spiral 4 confirmed mineralization along the margins of steeply dipping dikes.
- Surface drilling on Fire Creek and the Hatter Graben mineralization is underway.
- Several large outcrops of silicified vein material discovered east of Hatter Graben along trend. http://ir.hecla-mining.com/file/Index?KeyFile=399063765
|