---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-004103"
form_type: "8-K"
ticker: "HL"
cik: "0000719413"
company_name: "HECLA MINING CO/DE/"
filed_at: "2026-02-13T23:59:59+00:00"
generated_at: "2026-05-16T02:51:56.470229+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hecla reports 231M oz silver reserves, nearly doubles exploration budget to $55M in 2026

## Summary
- Silver reserves 231M oz after producing 17M oz in 2025; peer-leading average reserve life nearly double industry average.
- 2026 exploration & pre-development budget set at $55M, up from $25.2M in 2025, to focus on Nevada, Greens Creek, Keno Hill, Lucky Friday.
- Greens Creek grew reserves by 2.4M oz; drillhole East Zone returned 247.3 oz/ton silver over 7.7 ft.
- Lucky Friday record silver production 5.3M oz in 2025, replaced 5.0M oz in reserves; mineralization open at depth.
- Keno Hill drilling discovered new ore shoot; Bermingham Vein returned 36.4 oz/ton silver over 21.4 ft.

## SEC filing metadata
- accession: 0001437749-26-004103
- form_type: 8-K
- ticker: HL
- cik: 0000719413
- company_name: HECLA MINING CO/DE/
- filed_at: 2026-02-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719413/000143774926004103/0001437749-26-004103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719413/000143774926004103/hl20260213_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-004103
- JSON: https://secwatch.observer/filing/0001437749-26-004103.json
- Plain text: https://secwatch.observer/filing/0001437749-26-004103.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.