Hecla Mining Company · NYSE:HL
Hecla Mining — Investor Presentation (July 2022)
8 slides from Hecla Mining's investor presentation, Jul 20, 2022
Slide 1: Working to Daylight Significant Value
WORKING TO DAYLIGHT SIGNIFICANT VALUE RESPONSIBLE. SAFE. INNOVATIVE. l * Source – Fraser Institute Annual Survey of Mining Companies 2021 Short-term goals are small steps towards the long-term objective of S&P 500 inclusion Operational Improvements Advancing Exploration & Development Casa Berardi: a
Slide 2: Key Characteristics of Hecla
KEY CHARACTERISTICS OF HECLA US Incorporated and primary US and Canadian operations Brand value 40% of all US silver mined Potential for 40% of all Canadian silver mined Unparalleled growth – on a path of 17-20 million silver ounces by 2025 Low-cost mines with lower inflation risk Long-lived mines L
Slide 3: Alexco 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 ALEXCO ACQUISITION CONSISTENT WITH STRATEGIC DRIVERS RESPONSIBLE. SAFE. INNOVATIVE. l Among the World’s Hig
Slide 4: 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 5: Bermingham Mid-Range Work Plan
Arctic Zone Bear Zone BERMINGHAM MID-RANGE WORK PLAN RESPONSIBLE. SAFE. INNOVATIVE. l Focus on development and drilling in the Bear zone to open working faces 12-18 Month Expected to Focus: 800m to 1,200m of development 3,000m to 4,000m of infill & definition drilling (~8M Ag oz) 2021 Reserves (18.2
Slide 6: Flame & Moth Mid-Range Work Plan
Christal Zone FLAME & MOTH MID-RANGE WORK PLAN RESPONSIBLE. SAFE. INNOVATIVE. l Development and drilling will focus on upper lightning zone 2021 Reserves (15.6M Ag oz) Lightning Zone 12-18 Month Expected to Focus: 500m to 600m of development 600m to 700m of infill & definition drilling (~2M Ag oz) I
Slide 7: Transaction Expected to Be Completed
TRANSACTION EXPECTED TO BE COMPLETED RESPONSIBLE. SAFE. INNOVATIVE. l Hecla natural operator, positive institutional investor feedback, working capital loan provided Hecla Natural Acquirer and Operator Transaction Support Lock up agreements with Wheaton, Management and Hecla stake, equates to ~ 15%
Slide 8: Hecla's 2022 Exploration
Nevada Drilling ongoing at Midas Development of Hatter Graben drift and exploration drilling suspended due to high water inflows Drilling at Aurora in progress Greens Creek Drilling to expand and upgrade multiple ore zones Surface drilling 4 target areas in progress Casa Berardi Drilling to expand r