<SEC-DOCUMENT>0001157523-14-000256.txt : 20140129
<SEC-HEADER>0001157523-14-000256.hdr.sgml : 20140129
<ACCEPTANCE-DATETIME>20140129080040
ACCESSION NUMBER:		0001157523-14-000256
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20140129
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140129
DATE AS OF CHANGE:		20140129

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HECLA MINING CO/DE/
		CENTRAL INDEX KEY:			0000719413
		STANDARD INDUSTRIAL CLASSIFICATION:	MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
		IRS NUMBER:				770664171
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08491
		FILM NUMBER:		14555205

	BUSINESS ADDRESS:	
		STREET 1:		6500 N MINERAL DRIVE SUITE 200
		STREET 2:		NONE
		CITY:			COEUR D'ALENE
		STATE:			ID
		ZIP:			83815-9408
		BUSINESS PHONE:		2087694100

	MAIL ADDRESS:	
		STREET 1:		6500 N MINERAL DRIVE SUITE 200
		STREET 2:		NONE
		CITY:			COEUR D'ALENE
		STATE:			ID
		ZIP:			83815-9408
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50792422.htm
<DESCRIPTION>HECLA MINING COMPANY 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2014 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 10pt">
    <hr style="color: #000000; text-align: center; width: 100%; height: 1.0 pt">
    <hr style="color: #000000; text-align: center; width: 100%; height: 1.0 pt">


    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>WASHINGTON,
      DC 20549</b></font><br><br>
    </p>
    <hr style="color: #000000; text-align: center; width: 20%; height: 1.0 pt">


    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>FORM 8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>C</b></font><b><font style="font-family: Times New Roman; font-size: 10pt">URRENT</font><font style="font-family: Times New Roman; font-size: 12pt">
      R</font><font style="font-family: Times New Roman; font-size: 10pt">EPORT</font><font style="font-family: Times New Roman; font-size: 12pt">
      P</font><font style="font-family: Times New Roman; font-size: 10pt">URSUANT</font><font style="font-family: Times New Roman; font-size: 12pt">
      </font><font style="font-family: Times New Roman; font-size: 10pt">TO</font><font style="font-family: Times New Roman; font-size: 12pt">
      S</font><font style="font-family: Times New Roman; font-size: 10pt">ECTION</font><font style="font-family: Times New Roman; font-size: 12pt">
      13 </font><font style="font-family: Times New Roman; font-size: 10pt">OR</font><font style="font-family: Times New Roman; font-size: 12pt">
      15(d) </font><font style="font-family: Times New Roman; font-size: 10pt">OF</font></b><br><font style="font-family: Times New Roman; font-size: 12pt"><b>T</b></font><b><font style="font-family: Times New Roman; font-size: 10pt">HE</font><font style="font-family: Times New Roman; font-size: 12pt">
      S</font><font style="font-family: Times New Roman; font-size: 10pt">ECURITIES</font><font style="font-family: Times New Roman; font-size: 12pt">
      E</font><font style="font-family: Times New Roman; font-size: 10pt">XCHANGE</font><font style="font-family: Times New Roman; font-size: 12pt">
      A</font><font style="font-family: Times New Roman; font-size: 10pt">CT</font><font style="font-family: Times New Roman; font-size: 12pt">
      </font><font style="font-family: Times New Roman; font-size: 10pt">OF</font><font style="font-family: Times New Roman; font-size: 12pt">
      1934</font></b><br>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt">Date of
      Report (Date of earliest event reported): </font><font style="font-family: Times New Roman; font-size: 12pt"><b>January
      29, 2014</b></font>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>HECLA
      MINING COMPANY</b></font><br><font style="font-family: Times New Roman; font-size: 12pt">(Exact
      Name of Registrant as Specified in Its Charter)</font><br><br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; width: 32%; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-8491</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; width: 32%; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>77-0664171</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; text-align: center">
          (State or Other Jurisdiction
        </td>
        <td style="width: 2%">

        </td>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; text-align: center">
          (Commission File Number)
        </td>
        <td style="width: 2%">

        </td>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; text-align: center">
          (IRS Employer Identification No.)
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 32%; padding-left: 0.0px; text-align: center">
          of Incorporation)
        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 32%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 32%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>6500 North Mineral Drive, Suite 200</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Coeur d'Alene, Idaho 83815-9408</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Address of Principal Executive Offices) (Zip Code)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 10pt"><b>(208)
      769-4100</b></font><br><font style="font-family: Times New Roman; font-size: 10pt">(Registrant's
      Telephone Number, Including Area Code)</font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>N/A</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt">(Former
      name or Former Address, if Changed Since Last Report)</font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12(b))<br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font><br>
    </p>
    <hr style="width: 100%; text-align: center; height: 1.0 pt; color: #000000">
    <hr style="width: 100%; text-align: center; height: 1.0 pt; color: #000000">


    <p>

    </p>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap; text-align: justify">
      <b>Item 2.02&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On January 29, 2014, Hecla Mining Company (the &#8220;Company&#8221;) issued a news
      release announcing preliminary production results for the quarter and
      full year ended December 31, 2013, as well as an estimate of select
      financial results expected for the quarter and year ended December 31,
      2013.&#160;&#160;All measures of the Company's fourth quarter and 2013 financial
      results and conditions contained in the news release, including
      production, sales and costs, are preliminary and reflect the Company&#8217;s
      expected 2013 results as of the date of the news release. Actual
      reported fourth quarter and 2013 results are subject to management's
      final review as well as audit by the Company's independent registered
      accounting firm and may vary significantly from those expectations
      because of a number of factors, including, without limitation,
      additional or revised information and changes in accounting standards or
      policies or in how those standards are applied. A copy of the news
      release is attached as Exhibit 99.1 to this Current Report and is
      incorporated herein by reference.&#160;&#160;
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      In accordance with General Instruction B.2 of Form 8-K, the information
      in this Item 2.02, including Exhibit 99.1, is being furnished and shall
      not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of the Securities
      Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or otherwise
      subject to the liability of that section, and shall not be incorporated
      by reference into any of the Company&#8217;s filings or other document filed
      under the Securities Act of 1933, as amended, or the Exchange Act,
      except as shall be expressly set forth by specific reference in such
      filing.
    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01.&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap; text-indent: 30.0px">
      (d)&#160;&#160;Exhibits
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td style="width: 6%">
          &#160;
        </td>
        <td valign="top" style="width: 8%; border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Number</b>
          </p>
        </td>
        <td valign="bottom" style="width: 2%; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          &#160;
        </td>
        <td valign="top" style="width: 84%; border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          <b>Description</b>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 8%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 84%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="white-space: nowrap; width: 8%; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          99.1
        </td>
        <td valign="bottom" style="width: 2%; padding-left: 0.0px; text-align: left">

        </td>
        <td valign="top" style="width: 84%; padding-left: 0.0px; text-align: left">
          News Release, dated January 29, 2014.*

          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            * Filed herewith
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center; font-family: Times New Roman; font-size: 10pt">
          2
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURE</b></font><u><br></u>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized. </font>
    </p>
    <p style="text-indent: 30.0px">

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td valign="top" style="width: 7%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="width: 43%; padding-left: 0.0px; text-align: left">
          <p style="font-family: Times New Roman; font-size: 10pt">
            January 29, 2014
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 47%">

        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 43%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 43%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Hecla Mining Company</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 43%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 47%; padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 43%">

        </td>
        <td valign="top" style="width: 3%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 47%">

        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 43%">

        </td>
        <td valign="top" style="width: 3%; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="width: 47%; border-bottom: solid black 1.0pt; padding-left: 15.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ David C. Sienko
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 43%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 47%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            David C. Sienko
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 43%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 47%; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President &amp; General Counsel
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>
      <br>

    </p>
    <p style="text-align: center">
      3
    </p>
  </body>
</html>
<!--<!DOCTYPE html
     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50792422ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2014 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Hecla
      Reports Preliminary 2013 Production Results of 8.9 Million Ounces of
      Silver and 120,000 Ounces of Gold</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-family: Times New Roman; font-size: 12pt"><b>An
      increase of 39% and 116%, respectively, over 2012; Expect 9.5 to 10
      million ounces of silver and 180,000 ounces of gold production in 2014</b></font></i><b><sup><font style="font-family: Times New Roman; font-size: 12pt">1</font></sup></b>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      COEUR D'ALENE, Idaho--(BUSINESS WIRE)--January 29, 2014--Hecla Mining
      Company (<u>NYSE:HL</u>) today announced preliminary production results&#185;
      for the fourth quarter and full year 2013.
    </p>
    <p>
      <b>FOURTH QUARTER AND 2013 PRODUCTION HIGHLIGHTS</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>Production</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>Fourth Quarter 2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Silver</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 5.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            2.5 million ounces - up 9% over Q3/13<br>and 20% over Q4/12
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            8.9 million ounces - up 39% over 2012 and upper<br>end of 8-9
            million ounce guidance
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Gold</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 5.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            47,108 ounces - up 27% over Q3/13<br>and 203% over Q4/12
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            119,989 ounces - up 116% over 2012<sup>2</sup>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Greens Creek</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 5.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            1.8 million ounces of silver - down 12%<br>from Q4/12
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            7.4 million ounces of silver - up 16% over 2012
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Lucky Friday</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 5.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            642,224 million ounces of silver - up<br>34% over Q3/13
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          1.5 million ounces of silver
        </td>
      </tr>
      <tr>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Casa Berardi</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 5.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            32,386 ounces of gold - up 38% over<br>Q3/13
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="middle" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          62,532 ounces of gold
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <p>
      &#8220;During the fourth quarter Hecla achieved significant milestones with
      Greens Creek continuing its strong production, Lucky Friday back to
      normalized operations and Casa Berardi improving production and costs,&#8221;
      said Phillips S. Baker, Jr., Hecla&#8217;s President and CEO. &#8220;We look forward
      to strong, low-cost production from our three mines in 2014, remaining
      focused on reducing risk, increasing consistency of mine production and
      extending mine life. We have $212 million in cash at the end of 2013,
      and plan to spend within Adjusted EBITDA in 2014, which should allow us
      to maintain our strong financial position.&#8221;
    </p>
    <p>
      Hecla expects to report its full fourth quarter and 2013 financial
      results on February 19, 2014.
    </p>
    <p>
      <sup>(1)</sup> See cautionary statement regarding preliminary statements
      at the end of this release.
    </p>
    <p>
      <sup>(2) </sup>Increase in gold production due primarily to acquisition
      of Aurizon Mines Ltd. on June 1, 2013.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>OPERATIONS OVERVIEW</b>
    </p>
    <p>
      Average consolidated fourth quarter cash cost, after by-product credits,
      per silver ounce<sup>3</sup> was $7.33, compared to $3.45 in the same
      period in 2012, due largely to the addition of Lucky Friday production
      and higher silver production at Greens Creek relative to by-product
      metal production. The following table provides the production and cost
      per ounce summary on a consolidated basis for the fourth quarter and
      year ended December 31, 2013 and 2012:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>Fourth Quarter Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>Twelve Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b><br><b>2013</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            December 31,<br>2012
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b><br><b>2013</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            December 31,<br>2012
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="2" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>PRODUCTION SUMMARY</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Silver -
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ounces produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2,488,722
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2,081,328
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          8,919,728
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          6,394,235
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Payable ounces sold
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2,088,650
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          1,538,162
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          8,019,299
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          5,430,252
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Gold -
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ounces produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          47,108
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          15,563
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          119,989
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          55,496
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Payable ounces sold
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          40,861
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          10,828
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          104,489
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          43,133
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Lead -
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Tons produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          9,347
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          5,848
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          30,374
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          21,074
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Payable tons sold
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7,601
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3,945
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          25,432
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          15,733
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Zinc -
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Tons produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          16,417
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          15,584
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          61,406
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          64,249
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Payable tons sold
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          11,117
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          12,583
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          42,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          50,895
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: left">
          Cash cost, before by-product credits, per silver ounce<sup>1</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          28.05
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          28.16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          28.56
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          32.55
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          By-product credits per silver ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (20.72
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (24.71
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (21.72
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (29.85
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Cash cost, after by-product credits, per silver ounce<sup>1</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7.33
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3.45
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          6.84
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2.70
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: left">
          Cash cost, before by-product credits, per gold ounce<sup>1</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          827.70
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          954.98
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          By-product credits per gold ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (3.46
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (4.19
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left; padding-bottom: 2.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Cash cost, after by-product credits, per gold ounce<sup>1</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          824.24
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          950.79
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <sup>(1)</sup> Non-GAAP measure. See the attached schedule for a
      reconciliation to GAAP. Cash cost, after by-product credits, per silver
      and gold ounce, for the fourth quarter and year end 2013 are considered
      preliminary and could change based on final audited financial results.
    </p>
    <p>
      <b>Greens Creek Silver Mine - Alaska</b>
    </p>
    <p>
      Greens Creek produced silver at a cash cost, after by-product credits,
      per silver ounce of $5.15 in the fourth quarter of 2013 and $4.42 for
      the full year 2013, compared to $3.45 and $2.70 per silver ounce in the
      fourth quarter of 2012 and full year 2012, respectively. The higher
      costs in 2013 reflected higher silver production relative to by-product
      metal production. The mill operated at an average of 2,206 tons per day
      in 2013, which is the highest daily average since the mine began
      operations in 1989.
    </p>
    <p>
      <b>Lucky Friday Silver Mine - Idaho</b>
    </p>
    <p>
      The Lucky Friday mine, which re-opened in February 2013 after 14 months
      of rehabilitation and enhancement, produced silver at a cash cost, after
      by-product credits, per silver ounce of $13.59 in the fourth quarter and
      $19.21 for the full year 2013. Costs were higher than anticipated due in
      part to slower production ramp-up and severe winter weather in December
      preventing 10 days of production. The mill throughput rate averaged 827
      tons per day in the fourth quarter.
    </p>
    <p>
      <sup>(3)</sup> Cash cost, after by-product credits, per silver and gold
      ounce is a non-GAAP measurement, a reconciliation of which to cost of
      sales and other direct production costs and depreciation, depletion and
      amortization (GAAP) can be found at the end of this release. Cash cost,
      after by-product credits, per silver and gold ounce, for the fourth
      quarter and year end 2013 are considered preliminary and could change
      based on final audited financial results.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Casa Berardi Gold Mine - Quebec</b>
    </p>
    <p>
      The Casa Berardi mine, acquired June 1, 2013, produced gold in the
      fourth quarter at a cash cost, after by-product credits, per gold ounce
      of $824, compared to $1,155 and $1,067, in the second and third quarters
      of 2013, respectively, and compared to guidance for the fourth quarter
      of $950 per gold ounce. For the seven-month period under Hecla
      ownership, the mine produced gold at a cash cost, after by-product
      credits, per gold ounce of $951.
    </p>
    <p>
      The increased gold production and lower costs during the year were due
      in part to the development of new, higher grade stopes in the 118 and
      113 Zones. The mill throughput rate averaged 1,974 tons per day in the
      fourth quarter.
    </p>
    <p>
      <b>2014 Guidance</b>
    </p>
    <p>
      For the full year 2014, based on current metals prices, the Company
      expects:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Mine</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>2014E Silver</b><br>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Production (Moz)</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>2014E Gold</b><br>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Production (oz)</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Cash cost, after by-product</b><br><b>credits, per silver/gold
            ounce</b><sup>1</sup>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Greens Creek</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          6.5 &#8211; 7.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          55,000
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          $6.00
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Lucky Friday</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          3.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          n/a
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          $9.00
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Casa Berardi</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          n/a
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          125,000
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          $900 per gold oz
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>Company-wide</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          9.5 &#8211; 10.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          180,000
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          N/A
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2014E capital expenditures<sup> </sup>(excluding capitalized
          interest)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          $150 million
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2014E pre-development and exploration expenditures</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="top" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: center">
          $18 million
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <p>
      <sup>(1)</sup> Metal price assumptions used for calculations: Au
      $1,300/oz, Ag $20/oz, Zn $0.80/lb, Pb $0.90/lb; USD/CAD assumed at par.
    </p>
    <p>
      <b>About Hecla</b>
    </p>
    <p>
      Hecla Mining Company (<u>NYSE:HL</u>) is a leading low-cost U.S. silver
      producer with operating mines in Alaska and Idaho, and is a growing gold
      producer with an operating mine in Quebec, Canada. The Company also has
      exploration and pre-development properties in five world-class silver
      and gold mining districts in the U.S., Canada, and Mexico, and an
      exploration office and investments in early-stage silver exploration
      projects in Canada.
    </p>
    <p>
      <b>Cautionary Statements Regarding Preliminary Results</b>
    </p>
    <p>
      All measures of the Company's fourth quarter and 2013 financial results
      and condition contained in the news release, including sales and costs,
      are preliminary and reflect the Company&#8217;s expected 2013 results as of
      the date of the news release. Actual reported fourth quarter and 2013
      results are subject to management's final review as well as audit by the
      Company's independent registered accounting firm and may vary
      significantly from those expectations because of a number of factors,
      including, without limitation, additional or revised information and
      changes in accounting standards or policies or in how those standards
      are applied.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Cautionary Statements Regarding Forward-Looking Statements</b>
    </p>
    <p>
      Statements made or information provided in this news release that are
      not historical facts are &quot;forward-looking statements&quot; within the meaning
      of the Private Securities Litigation Reform Act of 1995 and
      &quot;forward-looking information&quot; within the meaning of Canadian securities
      laws. Words such as &#8220;may&#8221;, &#8220;will&#8221;, &#8220;should&#8221;, &#8220;expects&#8221;, &#8220;intends&#8221;,
      &#8220;projects&#8221;, &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;targets&#8221;, &#8220;anticipates&#8221; and
      similar expressions are used to identify these forward-looking
      statements. Such forward-looking statements or forward-looking
      information include statements or information regarding estimates of
      full year 2013 production, sales and costs, anticipated production and
      production cost targets, cost reductions and efficiencies at the
      Company&#8217;s mines, anticipated liquidity, capital projects, anticipated
      positive future cash flow, commencement of operation of the #4 Shaft at
      Lucky Friday, and anticipated capital expenditures, pre-development
      expenditures and exploration expenditures for 2013. The material factors
      or assumptions used to develop such forward-looking statements or
      forward-looking information include that the Company&#8217;s plans for
      development and production will proceed as expected and will not require
      revision as a result of risks or uncertainties, whether known, unknown
      or unanticipated, to which the Company&#8217;s operations are subject.
    </p>
    <p>
      Forward-looking statements involve a number of risks and uncertainties
      that could cause actual results to differ materially from those
      projected, anticipated, expected or implied. These risks and
      uncertainties include, but are not limited to, metals price volatility,
      volatility of metals production and costs, litigation, regulatory and
      environmental risks, operating risks, project development risks,
      political risks, labor issues, ability to raise financing and
      exploration risks and results. Refer to the Company's Form 10-K and 10-Q
      reports for a more detailed discussion of factors that may impact
      expected future results. The Company undertakes no obligation and has no
      intention of updating forward-looking statements other than as may be
      required by law.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="16" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Production Data</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Fourth Quarter Ended
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="6" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b><br><b>2013</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            December 31,<br>2012
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b><br><b>2013</b>
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            December 31,<br>2012
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>GREENS CREEK UNIT</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Tons of ore milled
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>205,307</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          215,819
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>805,322</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          789,569
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Mining cost per ton
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>69.45</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          69.28
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>68.43</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          64.05
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Milling cost per ton
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>31.62</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          30.26
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>33.92</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          29.35
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Silver (oz./ton)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>12.52</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          13.14
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>13.04</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          11.13
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Gold (oz./ton)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>0.12</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          0.11
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>0.12</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          0.12
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Lead (%)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>3.20</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3.48
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>3.33</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3.49
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Zinc (%)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>8.41</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          8.31
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>8.47</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          9.35
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Silver produced (oz.)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>1,841,081</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2,081,328
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>7,448,347</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          6,394,235
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Gold produced (oz.)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>14,722</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          15,563
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>57,457</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          55,496
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Lead produced (tons)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>4,959</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          5,848
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>20,114</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          21,074
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Zinc produced (tons)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>14,637</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          15,584
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>57,614</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          64,249
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits, per silver ounce (1)
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>5.15</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3.45
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>4.42</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2.70
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          Capital additions (in thousands)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>11,971</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          17,936
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>57,119</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          62,184
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>LUCKY FRIDAY UNIT</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Tons of ore processed
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>76,128</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>174,331</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Mining cost per ton
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>86.76</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>100.49</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Milling cost per ton
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>23.57</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>29.74</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Silver (oz./ton)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>9.06</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>8.99</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Lead (%)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>6.07</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>6.19</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Zinc (%)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>2.80</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>2.69</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Silver produced (oz.)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>642,224</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>1,459,000</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Lead produced (tons)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>4,388</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>10,260</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Zinc produced (tons)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>1,780</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>3,793</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits, per silver ounce (1)
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>13.59</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>19.21</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          Capital additions (in thousands)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>13,077</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          18,713
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>55,902</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          55,998
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom: solid black 1.0pt; padding-left: 0.0px; text-align: left">
          <b>CASA BERARDI UNIT</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Tons of ore milled
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>184,897</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>387,608</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Mining cost per ton
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>118.47</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>127.56</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Milling cost per ton
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>22.87</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>23.02</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Gold (oz./ton)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>0.19</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>0.18</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Ore grade milled - Silver (oz./ton)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>0.032</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>0.036</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Silver produced (oz.)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>5,417</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>12,381</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Gold produced (oz.)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>32,386</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>62,532</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits, per gold ounce (1)
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>824.23</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>950.79</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Capital additions (in thousands)
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>17,216</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>40,050</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <sup>(1)</sup> Cash cost, after by-product credits, per ounce represents
      a non-U.S. Generally Accepted Accounting Principles (GAAP) measurement.
      A reconciliation of cash cost, after by-product credits, to cost of
      sales and other direct production costs and depreciation, depletion and
      amortization (GAAP) can be found in the cash cost per ounce
      reconciliation section of this news release. Gold, lead and zinc
      produced have been treated as by-product credits in calculating silver
      costs per ounce. The primary metal produced at Casa Berardi is gold,
      with a by-product credit for the value of silver production.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Reconciliation of Non-GAAP Measures to GAAP</b><br><b>(Unaudited)</b>
    </p>
    <p>
      This release contains references to a non-GAAP measure of cash cost,
      before by-product credits, per ounce and cash cost, after by-product
      credits, per ounce. Cash cost, before by-product credits, per ounce and
      cash cost, after by-product credits, per ounce represent non-U.S.
      Generally Accepted Accounting Principles (GAAP) measurements that the
      Company believes provide management and investors an indication of net
      cash flow. Management also uses this measurement for the comparative
      monitoring of performance of mining operations period-to-period from a
      cash flow perspective. &quot;Cash cost, before by-product credits, per ounce&quot;
      and &quot;Cash cost, after by-product credits, per ounce&quot; are measures
      developed by gold companies and used by silver companies in an effort to
      provide a comparable standard; however, there can be no assurance that
      our reporting of these non-GAAP measures is similar to those reported by
      other mining companies. Cost of sales and other direct production costs
      and depreciation, depletion and amortization are the most comparable
      financial measures calculated in accordance with GAAP to cash cost,
      before by-product credits cash cost, after by-product credits.
    </p>
    <p>
      As depicted in the Greens Creek Unit and the Lucky Friday Unit tables
      below, by-product credits comprise an essential element of our silver
      unit cost structure. By-product credits constitute an important
      competitive distinction for our silver operations due to the
      polymetallic nature of their orebodies. By-product credits included in
      our presentation of cash cost, after by-product credits, per silver
      ounce include:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="14">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="14" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Total, Greens Creek and Lucky Friday
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Three Months Ended<br>December 31,
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="6" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Twelve Months Ended<br>December 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          2013
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          2012
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          2013
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          2012
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          By-product value, all silver properties:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Zinc
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          20,765
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          19,940
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          77,616
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          84,087
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Gold
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          15,491
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          22,200
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          66,907
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          75,860
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Lead
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          15,205
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          9,293
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          48,973
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          30,969
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Total by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          51,461
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          51,433
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          193,496
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          190,916
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          By-product credits per silver ounce, all silver properties
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Zinc
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2.33
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2.24
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          8.71
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          13.15
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left">
          Gold
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          1.74
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2.49
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7.51
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          11.86
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Lead
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          1.71
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          1.04
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          5.50
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          4.85
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px">
          Total by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          5.78
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          5.77
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          21.72
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          29.86
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      By-product credits included in our presentation of cash cost, after
      by-product credits, per gold ounce for our Casa Berardi Unit include:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="6" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Casa Berardi
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Three Months Ended<br>December 31,
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Twelve Months Ended<br>December 31,
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          2013
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          2013
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Silver by-product value
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          112
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          262
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Silver by-product credits per gold ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3.46
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          4.19
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      The following table calculates cash cost, before by-product credits, per
      ounce and cash cost, after by-product credits, per ounce (in thousands,
      except per-ounce amounts):
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="15" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Total, Greens Creek and Lucky Friday
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Three Months Ended<br>December 31,
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Twelve Months Ended<br>December 31,
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Total cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>69,673</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          58,608
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>254,460</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          208,178
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(51,461</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (51,433
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(193,496</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (190,916
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>18,212</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>60,964</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          17,262
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Divided by silver ounces produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>2,483</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2,081
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>8,907</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          6,394
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Cash cost, before by-product credits, per silver ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>28.05</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          28.16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>28.56</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          32.55
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          By-product credits per silver ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(20.72</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (24.71
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(21.72</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (29.85
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          Total cash cost, after by-product credits, per ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>7.33</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3.45
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>6.84</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2.70
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Reconciliation to GAAP:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Total cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>18,212</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>60,964</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          17,262
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>16,468</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          12,381
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>63,098</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          43,522
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Treatment costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(20,769</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (21,145
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(76,824</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (73,355
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>51,461</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          51,433
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>193,496</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          190,916
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Change in product inventory
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(4,085</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (3,343
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(246</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (1,381
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Suspension-related costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>727</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          562
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>2,100</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          663
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Cost of sales and other direct production costs and depreciation,<br>depletion
            and amortization (GAAP)
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>62,014</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          47,063
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>242,588</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          177,627
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="15" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Greens Creek Unit
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Three Months Ended<br>December 31,
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Twelve Months Ended<br>December 31,
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Total cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>50,906</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          58,608
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>203,496</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          208,178
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(41,425</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (51,433
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(170,563</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (190,916
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>9,481</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>32,933</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          17,262
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Divided by silver ounces produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>1,841</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2,081
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>7,448</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          6,394
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Cash cost, before by-product credits, per silver ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>27.65</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          28.16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>27.32</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          32.55
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          By-product credits per silver ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(22.50</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (24.72
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(22.90</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (29.85
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          Total cash cost, after by-product credits, per ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>5.15</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          3.45
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>4.42</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          2.70
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Reconciliation to GAAP:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Total cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>9,481</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>32,933</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          17,262
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>14,149</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          12,381
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>55,265</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          43,522
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Treatment costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(16,766</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (21,146
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(67,341</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (73,355
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>41,425</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          51,433
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>170,563</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          190,916
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Change in product inventory
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(5,133</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (3,343
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>159</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (1,381
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>634</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          563
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>1,947</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          663
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Cost of sales and other direct production costs and depreciation,<br>depletion
            and amortization (GAAP)
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>43,790</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          47,063
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>193,526</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          177,627
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="14">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="14" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Lucky Friday Unit (2)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Three Months Ended<br>December 31,
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="6" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Twelve Months Ended<br>December 31,
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Total cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>18,766</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>50,964</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(10,036</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(22,933</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>8,730</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>28,031</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Divided by silver ounces produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>642</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>1,459</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Cash cost, before by-product credits, per silver ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>29.22</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>34.93</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          By-product credits per silver ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(15.63</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(15.72</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          Total cash cost, after by-product credits, per ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>13.59</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>19.21</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Reconciliation to GAAP:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Total cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>8,730</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>28,031</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>2,319</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>7,833</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Treatment costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(4,002</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(9,482</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>10,036</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>22,933</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Change in product inventory
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>1,048</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(405</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Suspension-related costs (2)
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>&#8212;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>92</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>153</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Cost of sales and other direct production costs and depreciation,<br>depletion
            and amortization (GAAP)
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>18,223</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>49,063</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="14">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="14" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Casa Berardi Unit (3)
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Three Months Ended<br>December 31,
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="6" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Twelve Months Ended<br>December 31,
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>26,806</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>59,717</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(112</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(262</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>26,694</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>59,455</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Divided by gold ounces produced
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>32.39</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>62.53</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Cash cost, before by-product credits, per gold ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>827.70</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>954.98</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          By-product credits per gold ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(3.46</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(4.19</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          Cash cost, after by-product credits, per gold ounce
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>824.24</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>950.79</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Reconciliation to GAAP:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>26,694</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>59,455</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>11,435</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>18,029</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Treatment costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(143</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(268</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>112</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>262</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Change in product inventory
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(723</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(3,766</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>60</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>142</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left; padding-bottom: 4.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Cost of sales and other direct production costs and depreciation,<br>depletion
            and amortization (GAAP)
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>37,435</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>73,854</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          &#8212;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="middle" colspan="15" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          Total, All Locations
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Three Months Ended<br>December 31,
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="7" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Twelve Months Ended<br>December 31,
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: center">
          <b>2012</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Reconciliation to GAAP:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>44,906</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          7,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>120,419</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          17,262
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>27,903</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          12,381
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>81,127</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          43,522
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Treatment costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(20,912</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (21,145
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(77,092</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (73,355
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          By-product credits
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>51,573</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          51,433
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>193,758</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          190,916
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Change in product inventory
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(4,809</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (3,343
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>(4,012</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          (1,381
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>787</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          562
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>2,243</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="white-space: nowrap; border-bottom: solid black 1.0pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          662
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Cost of sales and other direct production costs and depreciation,
            depletion<br>and amortization (GAAP)
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>99,448</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          47,063
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          <b>316,443</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; border-bottom: double black 2.25pt; padding-left: 0.0px; padding-right: 0.0px; text-align: right">
          177,626
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      (1) Includes all direct and indirect operating cash costs related
      directly to the physical activities of producing metals, including
      mining, processing and other plant costs, third-party refining and
      marketing expense, on-site general and administrative costs, royalties
      and mining production taxes, net of by-product revenues earned from all
      metals other than the primary metal produced at each unit.
    </p>
    <p>
      (2) Production was temporarily suspended at the Lucky Friday Unit during
      2012 as work was performed to rehabilitate the Silver Shaft, the primary
      access from surface to the underground workings at the Lucky Friday
      mine. Care and maintenance income and expense related to the suspension
      of production at the Lucky Friday have been excluded from the
      calculation of cash cost, before by-product credits for the three- and
      twelve-month periods ended December&#160;31, 2013<i> </i>and 2012<i>.</i>
    </p>
    <p>
      (3) On June 1, 2013, we completed the acquisition of Aurizon Mines Ltd.,
      which gave us 100% ownership of the Casa Berardi mine in Quebec, Canada.
      The information presented reflects our ownership of Casa Berardi
      commencing as of that date. The primary metal produced at Casa Berardi
      is gold, with a by-product credit for the value of silver production.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Hecla Mining Company<br>VP - Investor Relations<br>Mike
      Westerlund, 800-HECLA91 (800-432-5291)<br><u>hmc-info@hecla-mining.com</u><br><u>http://www.hecla-mining.com</u>
    </p>
    <p>

    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
