Hecla Mining Company (HL) has released an update.
The Company has released a statement on February 13, 2024, detailing its exploration activities and updating on its mineral reserves and resources as of the end of 2023. The news release clarifies terminology such as “mineral resources” and “inferred mineral resources,” emphasizing that not all resources are economically viable to mine. It also notes that while the information is furnished according to SEC and Canadian regulations, it is not legally binding for investment decisions. The release aims to provide transparency in line with industry standards without overpromising on the economic potential of their findings.
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