COEUR D’ALENE, Idaho--(BUSINESS WIRE)--
Hecla Mining Company (NYSE:HL)
is marking its 125th anniversary as a mining company in 2016. One event
recognizing this achievement will be Hecla’s Annual Meeting of
Shareholders being held in Spokane, Washington, the home of its original
founders Patsy Clark, Amasa Campbell, and John Finch.
The Annual Meeting of Shareholders will be held at the Northwest Museum
of Arts & Culture (MAC) located at 2316 W. 1st Avenue in Spokane on
Thursday, May 19, 2016, at 10:00 a.m. Pacific Time. The MAC is located
next door to the Campbell House, the home of Amasa Campbell.
Founded in 1891, Hecla Mining Company is the oldest mining company on
the NYSE. “Hecla is the longest standing precious metals company in
North America,” said Phillips S. Baker, Jr, Hecla’s President and CEO.
“We have operated through many price cycles; from recessions and
depressions to boom times, and it is a testament to the power of our
projects and the strength of our team that we have weathered them all
and are now a transformed company with the most silver reserves and
metal production in our 125-year history. We are recognizing this
achievement by holding our annual meeting in Spokane, where the Company
began.”
The original Hecla mine was located near Burke, Idaho, and operated for
over 50 years. A fire in 1923 destroyed the town of Burke and all of the
Hecla mine buildings. The mine and mill were rebuilt and processed ore
from the Hecla until 1937 when it was converted to a flotation plant to
handle ore from the Star mine, one of the deepest mines in North
America. Ore was processed here until the Star mine ceased operation in
1982. From these humble beginnings, Hecla is today the largest primary
silver producer in the U.S., with operations in the U.S., Canada and
Mexico. The company’s Lucky Friday mine has been in near continuous
operations for over 70 years. Hecla has completed the excavation of the
#4 Shaft to nearly two miles below the surface that could extend the
mine life another 20-30 years; giving the mine nearly a 100-year life, a
truly unique accomplishment.
A video celebrating Hecla’s 125th anniversary is available on the
company’s website at www.hecla-mining.com.
About Hecla
Founded in 1891,Hecla Mining Company (NYSE:HL)
is a leading low-cost U.S. silver producer with operating mines in
Alaska, Idaho and Mexico, and is a growing gold producer with an
operating mine in Quebec, Canada. The Company also has exploration and
pre-development properties in six world-class silver and gold mining
districts in the U.S., Canada, and Mexico, and an exploration office and
investments in early-stage silver exploration projects in Canada.
Cautionary Note Regarding Forward-Looking Statements
Statements made or information provided in this news release that are
not historical facts, such as anticipated production, sales of assets,
exploration results and plans, costs, and prices or sales performance
are “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995 and “forward-looking
information” within the meaning of Canadian securities laws. Such
forward looking statements may include, without limitation: Expected
completion of the #4 Shaft and mine life extension of 20-30 years. Words
such as “may,” “will,” “should,” “expects,” “intends,” “projects,”
“believes,” “estimates,” “targets,” “anticipates” and similar
expressions are used to identify these forward-looking statements.
Forward-looking statements involve a number of risks and uncertainties
that could cause actual results to differ materially from those
projected, anticipated, expected or implied. These risks and
uncertainties include, but are not limited to, metals price volatility,
volatility of metals production and costs, litigation, regulatory and
environmental risks, operating risks, project development risks,
political risks, labor issues, ability to raise financing and
exploration risks and results. Refer to the company’s Form 10-K and 10-Q
reports for a more detailed discussion of factors that may impact
expected future results. The company undertakes no obligation and has no
intention of updating forward-looking statements other than as may be
required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160518005351/en/
Hecla Mining Company
Investor and Public Relations
Jeanne
DuPont, 1-800-HECLA91 (1-800-432-5291)
Corporate Communications
Coordinator
hmc-info@hecla-mining.com
Source: Hecla Mining Company