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Hecla Mining Reports Exploration Results and Mineral Reserves & Resources
Silver Industry Peer Leading Reserve Mine Life Maintained COEUR D'ALENE, Idaho / Feb 13, 2026 / Business Wire / Hecla Mining Company (NYSE:HL) ("Hecla", "we", "
About this update from Hecla Mining Company
[{"type":"text","content":"Silver Industry Peer Leading Reserve Mine Life Maintained COEUR D'ALENE, Idaho / Feb 13, 2026 / Business Wire / Hecla Mining Company (NYSE:HL) (\"Hecla\", \"we\", \"our\" or the \"Company\") today reported year-end mineral reserves and resources and exploration results. In 2026, the Company plans to invest nearly double the 2025 investment in exploration and pre-development, focused on Nevada, Greens Creek, Keno Hill and Lucky Friday, with the goal of replacing or exceeding annual reserve depletion. Reserves and resources herein include those of Hecla Quebec Inc. (\"HQI\"), including Casa Berardi, which is subject to a pending sale to Orezone Gold Corporation announced January 26, 2026. See \"Casa Berardi Transaction\" below for details. EXPLORATION AND RESERVES & RESOURCES HIGHLIGHTS Year-End 2025 Position: Silver reserves of 231 million ounces after producing 17 million ounces in 2025, maintaining silver peer leading average reserve life, nearly double the industry average Measured and Indicated silver resources of 161 million ounces; Inferred silver resources of 468 million ounces Proven and Probable gold reserves of 2.0 million ounces Measured and Indicated gold resources of 4.5 million ounces; Inferred gold resources of 6.3 million ounces Demonstrated robust economics using conservative pricing ($25/oz silver and $2,100/oz gold for reserves; and $26/oz silver and $2,250/oz gold for resources). High-grades and sharp ore boundaries limit reserve sensitivity to metal price assumptions, while preserving margin potential across metals cycles 2025 Asset Highlights: Greens Creek produced 8.7 million ounces of silver in 2025 while growing the reserve base by 2.4 million ounces. In the East Zone, one drillhole intersected 247.3 oz/ton silver, 1.94 oz/ton gold, 22.7% zinc and 12.1% lead over 7.7 feet. Lucky Friday produced a record 5.3 million ounces of silver in 2025 and replaced 5.0 million in the reserve. Mineralization remains open in multiple directions at depth at this long-life asset, providing potential for further reserve replacement and expansion. Mining experience at Keno Hill has led to refined modeling metrics which should improve technical accuracy and data interpretation. A new ore shoot discovered in 2025 is one of many exploration targets for the 2026 drill program. Drilling at Keno Hill continues to upgrade and ...