Hecla Reports Q3 2021 Production Results - Seite 2

1. See cautionary statement regarding estimated results and forward-looking statements at the end of this release
2. Silver and gold equivalent calculation based on average actual prices for each metal in the third quarter as follows: $24.36 for Ag, $1,789 for Au, $1.06 for Pb, and $1.36 for Zn.

Casa Berardi

At the Casa Berardi Mine, 29,722 ounces of gold were produced. The increase in gold ounces compared to the third quarter of 2020 was due to higher mill throughput and recovery as the mill optimization investments deliver results, partially offset by lower grades. The mill operated at an average of 4,328 tpd.

Lucky Friday

At the Lucky Friday Mine, 831,533 ounces of silver were produced in the quarter, an increase of 31% compared to the third quarter of 2020 when the mine was still not at full production. The mill operated at an average of 850 tpd.

Nevada Operations

At the Nevada operations, 2,750 ounces of gold were produced from approximately 12,000 tons of previously stockpiled refractory material processed at a third-party autoclave facility. Production from approximately 2,200 tons of previously stockpiled material processed at the third-party facility remains at quarter end. Hollister’s exploration drift to drill the Hatter Graben and surface drilling at Midas are ongoing.

PRODUCTION SUMMARY

	Third Quarter Ended			Nine Months Ended
	Sept 30, 2021	Sept 30, 2020		Sept 30, 2021	Sept 30, 2020
PRODUCTION			Increase/ (Decrease)			Increase/ (Decrease)
Silver (oz)	2,676,086	3,541,371	(24)%	9,660,313	10,190,621