Hecla Mining Releases Q3 Production Results, Optimistic About Q4

Hecla Mining Co. (NYSE:HL) announced preliminary Q3 2015 production results, commenting that it produced 8.7 million silver equivalent ounces.
Other highlights are as follows:

• Silver production of 2,591,546 ounces.
• Gold production of 43,635 ounces.
• Zinc production of 17,435 tons and lead production of 9,123 tons.
• Production decision made at San Sebastian project in Mexico and stripping on the Middle Vein has begun.
• Year-end production expected to be at the high end of the previous estimate of 10.5-11.0 million ounces of silver and 185,000 ounces of gold. Gold production is now expected to be 59,000 ounces at Greens Creek and 126,000 ounces at Casa Berardi.

Phillips S. Baker, Jr., president and CEO of Hecla, commented:

Greens Creek continues to drive Hecla’s strong, consistent production performance. 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.

Click here to read the full Hecla Mining Co. (NYSE:HL) press release.