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Stock impact report

Hecla Files NI43-101 Technical Reports for Keno Hill and Casa Berardi Mines

Hecla Mining Company (HL) 
Last hecla mining company earnings: 2/6 03:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hecla-mining.com
Company Research Source: Business Wire
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) today announced it has filed NI43-101 Technical Reports for the Casa Berardi mine in Quebec and Keno Hill mine in Yukon, Canada.REPORT HIGHLIGHTSKeno HillSilver Proven and Probable reserves of 55 million silver ounces, an increase of 45% over the reserves identified at the time of the acquisition in September 2022, and an increase of 10% over year-end 2022.Reserves are calculated at a price assumption of $17 per ounce of silver.Measured and Indicated resources are 34 million silver ounces, exclusive of reserves, and inferred resources are 32 million ounces, an increase of 5% and 25% over year-end 2022, respectively.11-year reserve mine plan, silver production of 52.9 million ounces based on current reserves.Current reserves expected to generate $420 million of free cash flow with after-tax Net Present Value (“NPV”) of $305 million at $22 silver and 5% discount rate.1Casa BerardiGold Proven and Probable reserves Show less Read more
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