Alexco Resource — Merger or Acquisition (July 2022)
17 slides from Alexco Resource's merger presentation, Jul 5, 2022
Slide 1: Alexco Acquisition: America's Largest Silver Miner To Become Canada's Largest
ALEXCO ACQUISITION America’s Largest Silver Miner To Become Canada’s Largest July 5, 2022 RESPONSIBLE. SAFE. INNOVATIVE. Exhibit 99.2
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS RESPONSIBLE. SAFE. INNOVATIVE. l Cautionary Statement Regarding Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934
Slide 3: Cautionary Statements (cont'd)
CAUTIONARY STATEMENTS (cont’d) RESPONSIBLE. SAFE. INNOVATIVE. l Information About Each Company Information in this news release about Hecla has been provided by, and is the responsibility of, Hecla. For further information about Hecla, please refer to Hecla’s SEC filings, including its Annual Report
Slide 4: Alexco Keno Hill Silver District Acquisition Consistent with Strategic Drivers
Highly Prospective and Top-Rated Mining Jurisdiction Alignment in Environmental and Community Stewardship Increase Throughput and/or Lower Costs Long Mine Life ALEXCO KENO HILL SILVER DISTRICT ACQUISITION CONSISTENT WITH STRATEGIC DRIVERS RESPONSIBLE. SAFE. INNOVATIVE. l Among the World’s Highest-Gr
Slide 5: Transaction Summary
TRANSACTION SUMMARY RESPONSIBLE. SAFE. INNOVATIVE. l Transaction Structure Acquisition by Plan of Arrangement Unanimous approval by Alexco’s Special Committee and Board of Directors Consideration Alexco shareholders to receive 0.116 of one Hecla common share for each Alexco common share A 23% premiu
Slide 6: Benefits for Alexco Shareholders
BENEFITS FOR ALEXCO SHAREHOLDERS RESPONSIBLE. SAFE. INNOVATIVE. l Acquisition enhances the future potential for Keno Hill Benefits for Alexco Shareholders Immediate up-front premium Access to immediate and non-dilutive financing Partners with United States’ largest silver producer Transition from a
Slide 7: Hecla's Ability to Unlock Value
Hecla became operator HECLA’S ABILITY TO UNLOCK VALUE RESPONSIBLE. SAFE. INNOVATIVE. l Hecla has shown innovation and continuous investment with its assets Greens Creek Since the acquisition of Greens Creek in 2008, Hecla has increased throughput by 15%, continued to extend mine life with significan
Slide 8: Keno Hill Silver District Overview
KENO HILL SILVER DISTRICT OVERVIEW RESPONSIBLE. SAFE. INNOVATIVE. l Historical Production of over 200 million ounces of silver at 40 oz Ag per ton HECTOR-CALUMET Property contains excellent exploration potential to host deposits similar in size and grade to the Hector-Calumet, Bermingham, or Flame a
Slide 9: Strong History of Resource Growth at Keno Hill
STRONG HISTORY OF RESOURCE GROWTH AT KENO HILL RESPONSIBLE. SAFE. INNOVATIVE. l Hecla’s reserves and resources have grown 4 times since 2004 Increase of Alexco’s Resources (2009 – 2021) Hecla: Silver Reserves, Measured & Indicated Resources Alexco reported a 43% expansion of the Bermingham Indicated
Slide 10: Acquisition Highlights
ACQUISITION HIGHLIGHTS RESPONSIBLE. SAFE. INNOVATIVE. l Consistent with strategy and expertise Among the World’s Highest-Grade Silver Deposits Aligned on Community and Environmental Stewardship Poised to Unlock Value at Keno Hill Significant Exploration Upside Highly Prospective and Top-Rated Mining
Slide 11: Appendix
Appendix RESPONSIBLE. SAFE. INNOVATIVE. l
Slide 12: Alexco Reserves & Resource Summary
ALEXCO RESERVES & RESOURCE SUMMARY RESPONSIBLE. SAFE. INNOVATIVE. l MINERAL RESERVES MINERAL RESOURCES
Slide 13: Proven & Probable Mineral Reserves
PROVEN & PROBABLE MINERAL RESERVES(1) RESPONSIBLE. SAFE. INNOVATIVE. l (On December 31, 2021 unless otherwise noted) Investors are cautioned that Reserves and Resources are as of December 31, 2021, and are dynamic during the year due to mining depletion, changing metal prices, changing costs or proj
Slide 14: Measured and Indicated Mineral Resources
MEASURED AND INDICATED MINERAL RESOURCES RESPONSIBLE. SAFE. INNOVATIVE. l (On December 31, 2021 unless otherwise noted) Investors are cautioned that Reserves and Resources are as of December 31, 2021, and are dynamic during the year due to mining depletion, changing metal prices, changing costs or p
Slide 15: Inferred Mineral Resources
INFERRED MINERAL RESOURCES RESPONSIBLE. SAFE. INNOVATIVE. l (On December 31, 2021 unless otherwise noted) Investors are cautioned that Reserves and Resources are as of December 31, 2021, and are dynamic during the year due to mining depletion, changing metal prices, changing costs or project economi
Slide 16: Mineral Resources Footnotes
MINERAL RESOURCES FOOTNOTES RESPONSIBLE. SAFE. INNOVATIVE. l (7) The term "mineral resources" means a concentration or occurrence of material of economic interest in or on the Earth's crust in such form, grade or quality, and quantity that there are reasonable prospects for economic extraction. A mi
Slide 17: 2010 – 2020 Reserve Table
2010 – 2020 RESERVE TABLE RESPONSIBLE. SAFE. INNOVATIVE. l