secwatch.observer — SEC 8-K summary
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Issuer:     HECLA MINING CO/DE/ (HL)
CIK:        0000719413
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001437749-26-004103
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719413/000143774926004103/0001437749-26-004103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719413/000143774926004103/hl20260213_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-004103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer