Day: October 20, 2015

“Greens Creek continues to drive Hecla’s strong, consistent production performance,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “We expect a considerably stronger fourth quarter, now that the ventilation system has restarted at Lucky Friday and with higher-grade material from the 123 Zone at Casa Berardi. When coupled with the startup of San Sebastian which is underway, we are optimistic about our performance going into 2016.”

“Santacruz has again improved upon the previous quarter’s production performance at the Rosario Mine in Q3,” stated Arturo Préstamo, CEO of Santacruz. “During Q3 we successfully transitioned from third party contractor underground mining to an in-house mining operations team. This action was taken to both further reduce the cost structure at the Rosario Mine and to ensure more management control over the day to day mining operations. We are pleased to be now hitting our stride at the Rosario Mine and we anticipate further improvements both operationally and financially. This performance comes at a key time in the Company’s development and will allow us to continue our path forward.”