other material
confidence high
sentiment positive
materiality 0.80
Hecla reports second-highest silver reserves at 238M oz and largest gold resource in history
HECLA MINING CO/DE/
- Silver reserves 238M oz, only 1% below all-time high; Keno Hill reserves up 10% to 55M oz (45% since acquisition).
- Gold reserves down 16% to 2.1M oz due to Casa Berardi surface transition; M&I gold resources up 21% to 4.4M oz.
- Drilling highlights: 54.0 oz/ton Ag over 39.5 ft at Keno Hill Footwall Vein; 63.4 oz/ton Ag over 26 ft at Greens Creek West Zone.
- ATAC Resources acquisition adds 700 sq mi land package; Hecla expects to be Canada's largest silver producer in 2024.