Mr. Andrew Carne reports

ATAC RESOURCES LTD. ANNOUNCES MAILING OF SPECIAL MEETING CIRCULAR

Atac Resources Ltd. has mailed an information circular prepared in connection with the special meeting of Atac securityholders to be held on June 23, 2023, at the offices of Stikeman Elliott LLP, suite 1700, 666 Burrard St., Vancouver, B.C., V6C 2X8, at 10 a.m. (Vancouver time).

At the meeting, Atac's securityholders will be asked to consider and approve the proposed acquisition of all of the issued and outstanding common shares of Atac by Hecla Mining Company (NYSE: HL) by way of a plan of arrangement announced on April 6, 2023. Pursuant to the arrangement, Atac's shareholders will receive, for each Atac share held at the effective time of the arrangement, consideration consisting of: (i) 0.0166 share of Hecla common stock; plus (ii) 0.100 share of Cascadia Minerals Ltd., a new company formed to hold Atac's rights and interests with respect to the Catch, Pil, Rosy and Idaho Creek properties. For further information on the arrangement, please refer to the circular.

As further described in the circular, the board of directors of Atac has evaluated the arrangement with its management and legal and financial advisers and, following receipt and review of a unanimous recommendation from the special committee of the board in favour of the arrangement, the board unanimously determined that the arrangement is in Atac's best interests, and unanimously recommends that Atac securityholders vote in favour of the arrangement at the meeting. Each director and officer of Atac has agreed to vote all of their Atac securities in favour of the arrangement at the meeting.

The circular, together with letters of transmittals and related proxy materials, have been mailed to Atac securityholders in accordance with applicable securities laws. The meeting materials are also available on SEDAR under Atac's profile and Atac's website.

If all necessary approvals are obtained, Atac expects that the arrangement will close in early July, 2023.

About Atac Resources Ltd.

Atac is a Canadian exploration company focused on exploring for gold and copper in Yukon, British Columbia and Nevada. Work on its approximately 1,700-square-kilometre Rackla gold property in Yukon has resulted in the Osiris deposit indicated resource of 732,000 ounces of gold at 4.12 grams per tonne (in 5.5 million tonnes) and inferred resource of 1,044,000 ounces of gold at 3.47 grams per tonne (in 9.4 million tonnes), the Tiger deposit measured and indicated resource of 464,000 ounces of gold at an average grade of 3.19 grams per tonne (in 4.5 million), a positive preliminary economic assessment for the Tiger gold deposit (pretax net present value of $118.2-million and internal rate of return of 54.5 per cent), and numerous early-stage gold and base metal discoveries.

The technical information in this news release has been approved by Andrew Carne, MEng, PEng, vice-president of corporate and project development for Atac and a qualified person for the purposes of National Instrument 43-101.

We seek Safe Harbor.