Multiple events planned over the next year, beginning with the
American Exploration & Mining Association Annual Conference
Company Website:
http://www.hecla-mining.com
COEUR D’ALENE, Idaho -- (Business Wire)
Hecla Mining Company (NYSE:HL)
will mark its 125th anniversary as a mining company in 2016. CEO and
President, Phillips S. Baker, Jr, will officially recognize this
achievement with a keynote address at the welcoming luncheon of the
American Exploration & Mining Association (formerly Northwest Mining
Association) Annual Meeting and Exposition in Spokane, Washington, on
Wednesday, December 2, 2015, at 12:00 p.m. PT. A PDF of the presentation
will be available on the Company’s website at www.hecla-mining.com.
Founded in 1891, Hecla Mining Company is the oldest mining company on
the NYSE. “We have been in business longer than iconic American
companies such as Hershey Co., Dow Chemical and General Electric,” said
Mr. Baker. “We have operated through many price cycles; from recessions
and depressions to boom times, and it is a testament to the power of our
projects and the strength of our team that we have weathered them all
and are now a transformed company having recently seen the highest
reserves and production of our history.”
The original Hecla mine was located near Burke, Idaho, and operated for
over 50 years. A fire in 1923 destroyed the town of Burke and all of the
Hecla mine buildings. The mine and mill were rebuilt and processed ore
from the Hecla until 1937 when it was converted to a flotation plant to
handle ore from the Star mine, one of the deepest mines in North
America. Ore was processed here until the Star mine ceased operation in
1982. From these humble beginnings, Hecla is today the largest primary
silver producer in the U.S. The company’s Lucky Friday mine has been in
near continuous operations for over 70 years. In 2016, Hecla expects to
complete a $225M shaft sinking to the 8,600 level that could extend the
mine life another 25 years; giving the mine nearly a 100 year life, a
truly unique accomplishment.
Over the next 12 months, Hecla will participate in a number of industry
and related conferences and events, including AMEBC Roundup, PDAC, SME,
CIM and MINExpo, among others. The Company has also created a video of
its history, which will be available soon at www.hecla-mining.com.
The American Exploration & Mining Association is a 120-year-old, 2,500
member, non-profit, non-partisan trade association based in Spokane,
Washington.
About Hecla
Hecla Mining Company (NYSE:HL) is a leading low-cost U.S. silver
producer with operating mines in Alaska, Idaho, and Mexico and is a gold
producer with an operating mine in Quebec, Canada. The Company also has
exploration and pre-development properties in six world-class silver and
gold mining districts in the U.S., Canada, and Mexico, and an
exploration office and investments in early-stage silver exploration
projects in Canada.
Cautionary Note Regarding Forward-Looking Statements
Statements made or information provided in this news release that are
not historical facts, such as anticipated production, sales of assets,
exploration results and plans, costs, and prices or sales performance
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and "forward-looking
information" within the meaning of Canadian securities laws. Words such
as “may,” “will,” “should,” “expects,” “intends,” “projects,”
“believes,” “estimates,” “targets,” “anticipates” and similar
expressions are used to identify these forward-looking statements.
Forward-looking statements involve a number of risks and uncertainties
that could cause actual results to differ materially from those
projected, anticipated, expected or implied. These risks and
uncertainties include, but are not limited to, metals price volatility,
volatility of metals production and costs, litigation, regulatory and
environmental risks, operating risks, project development risks,
political risks, labor issues, ability to raise financing and
exploration risks and results. Refer to the company's Form 10-K and 10-Q
reports for a more detailed discussion of factors that may impact
expected future results. The company undertakes no obligation and has no
intention of updating forward-looking statements other than as may be
required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151130005333/en/
Contacts:
Hecla Mining Company
Jeanne DuPont
Corporate Communications
Coordinator
Investor and Public Relations
1-800-HECLA91
(1-800-432-5291)
hmc-info@hecla-mining.com
Source: Hecla Mining Company
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