Hecla Mining Reports Reserves Growth and Strategy Shift

Hecla Mining Company (HL) has released an update.

Hecla Mining Company has filed new technical reports revealing significant updates for its Casa Berardi and Keno Hill mines, indicating a 45% increase in Keno Hill’s silver reserves and a strategic shift at Casa Berardi leading to a 21% decrease in gold reserves. The reports forecast substantial increases in both mines’ life-of-mine free cash flows and net present values based on current price assumptions for silver and gold. These developments suggest enhanced production plans and financial outcomes for the mining operations.

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