Admiralty mining district

Hecla’s Greens Creek Mine Recognized for Leadership, Ethics, and Organization

Retrieved on: 
Wednesday, July 28, 2021

Hecla Mining Company ( NYSE:HL ) is pleased to announce the Alaska Chamber named Heclas Greens Creek Mine the Rita Sholton Large Business of the Year award, which pays tribute to businesses that exemplify leadership, ethics, and organization.

Key Points: 
  • Hecla Mining Company ( NYSE:HL ) is pleased to announce the Alaska Chamber named Heclas Greens Creek Mine the Rita Sholton Large Business of the Year award, which pays tribute to businesses that exemplify leadership, ethics, and organization.
  • Despite the pandemic, Greens Creek has been able to maintain full production and employment while providing additional support to the communities through special charitable programs.
  • It is a great honor to be recognized by the Alaska Chamber for our teams extraordinary efforts.
  • With over $500,000 going directly to student aid, Hecla Greens Creek is UAS largest sponsor of students.

Cross River Identifies High-Grade Gold Targets on Dent-Jackson Property, Uchi Belt, NW Ontario

Retrieved on: 
Thursday, January 28, 2021

The property's gold endowment attracted attention as far back as 1927, when the Jackson-Manion Consolidated Mines discovered gold along the eastern margin of the claim block which they mined from 1934 to 1940.

Key Points: 
  • The property's gold endowment attracted attention as far back as 1927, when the Jackson-Manion Consolidated Mines discovered gold along the eastern margin of the claim block which they mined from 1934 to 1940.
  • The mine produced approximately 27,146 ounces of gold and 18,300 ounces of silver at an average grade of 0.258 ounce/ton Au during several years of operation (Parker & Atkinson, 1992).
  • The focus of the mine was gold in quartz veins associated with mafic volcanic rocks.
  • Ontario Woman Lake Gold Mines Ltd, 1929; South Bay Mines, 1970; Condor Precious Metals, 2012) did not adequately test these target areas.

Hecla Announces 2020 Production and Cash Position

Retrieved on: 
Wednesday, January 13, 2021

Gold production of 208,962 ounces, expected lower gold production from the Nevada operation decreased production 23% from 2019, which was Heclas highest gold production.

Key Points: 
  • Gold production of 208,962 ounces, expected lower gold production from the Nevada operation decreased production 23% from 2019, which was Heclas highest gold production.
  • The strong performance allowed Hecla to reduce net debt, increase dividends, and double exploration expenditures while more than doubling last years cash position.
  • At the Greens Creek Mine in 2020, 10.5 million ounces of silver and 48,490 ounces of gold were produced.
  • Lucky Friday achieved full production in the fourth quarter with estimated annual production in excess of 3 million ounces of silver in 2021.

Hecla Reports 22% Higher Silver and 4% Higher Gold Production, Lower Debt, Growing Cash Balances

Retrieved on: 
Tuesday, January 7, 2020

Silver production of 12.6 million ounces, an increase of 22% and gold production of 272,873 ounces, an increase of 4%.

Key Points: 
  • Silver production of 12.6 million ounces, an increase of 22% and gold production of 272,873 ounces, an increase of 4%.
  • While gold & silver prices have increased, Greens Creeks record silver production combined with the most gold production in Heclas history were the primary reasons for the cash flow strength.
  • At the Greens Creek mine in 2019, 9.9 million ounces of silver and 56,624 ounces of gold were produced.
  • As expected, gold production for the year was lower compared to 2018, which was the highest annual gold production at Casa Berardi since Hecla acquired it in mid-2013.

Hecla Reports 2.9 Million Ounces of Silver and 60,021 Ounces of Gold Production in First Quarter 2019

Retrieved on: 
Thursday, April 18, 2019

Silver production of 2.9 million ounces, and gold production of 60,021 ounces.

Key Points: 
  • Silver production of 2.9 million ounces, and gold production of 60,021 ounces.
  • The Lucky Friday also contributed with more silver production in the quarter than was achieved all of last year.
  • At the Greens Creek mine, 2.2 million ounces of silver and 14,328 ounces of gold were produced.
  • At the San Sebastian mine, 0.4 million ounces of silver and 3,530 ounces of gold were produced with the decrease due to the expected lower grades.

Hecla Reports 10.4 Million Ounces of Silver and 262,103 Ounces of Gold Production in 2018

Retrieved on: 
Tuesday, January 15, 2019

Silver production of 10.4 million ounces, and a company-record gold production of 262,103 ounces.

Key Points: 
  • Silver production of 10.4 million ounces, and a company-record gold production of 262,103 ounces.
  • At the Greens Creek mine in 2018, 8.0 million ounces of silver and 51,493 ounces of gold were produced.
  • For the fourth quarter, 2.2 million ounces of silver and 13,097 ounces of gold were produced.
  • At the San Sebastian mine in 2018, 2.0 million ounces of silver and 14,979 ounces of gold were produced.