<SEC-DOCUMENT>0001157523-15-000606.txt : 20150219
<SEC-HEADER>0001157523-15-000606.hdr.sgml : 20150219
<ACCEPTANCE-DATETIME>20150218080042
ACCESSION NUMBER:		0001157523-15-000606
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150218
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150218
DATE AS OF CHANGE:		20150218

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:		15626189

	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>a51042004.htm
<DESCRIPTION>HECLA MINING COMPANY
<TEXT>
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      <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>
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    <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>February
      18, 2015</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">
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Delaware</b>
          </p>
        </td>
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          &#160;
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>1-8491</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td style="width: 32%; text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>77-0664171</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 32%; text-align: center; padding-left: 0.0px" valign="bottom">
          (State or Other Jurisdiction
        </td>
        <td style="width: 2%">

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

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

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

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

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

        </td>
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    </div>
    <p>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-left:auto;margin-right:auto; font-size: 10pt; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>6500 North Mineral Drive, Suite 200</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Coeur d'Alene, Idaho 83815-9408</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 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; color: #000000; height: 1.0 pt">
    <hr style="width: 100%; text-align: center; color: #000000; height: 1.0 pt">


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        <div style="text-align: left">

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        <div style="text-align: center">

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

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

        </div>
      </div>
    </div>
    <p style="white-space: nowrap">

    </p>
    <p style="white-space: nowrap">
      <b>Item 2.02.&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p>

    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On February 18, 2015, Hecla Mining Company (the &#8220;Company&#8221;) issued a news
      release announcing the Company&#8217;s fourth quarter 2014 and twelve months
      ended December 31, 2014 financial results.&#160;&#160;The news release is attached
      hereto as Exhibit 99.1 to this Form 8-K.
    </p>
    <p>

    </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, 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>

    </p>
    <p style="text-align: justify; white-space: nowrap">
      <b>Item 8.01&#160;&#160;&#160;Other Events</b>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      As disclosed in Exhibit 99.1, which is attached hereto and incorporated
      herein by reference, the Company also announced it would pay a dividend
      on its shares of common stock in the amount of $0.0025, to shareholders
      of record as of March 13, 2015, payable on or about March 23,
      2015.&#160;&#160;&#160;&#160;In addition to the common stock dividend, the Company also
      announced it declared a dividend of $0.875 on its Series B Cumulative
      Convertible Preferred Stock to shareholders of record as of March 13,
      2015, payable on or about April 1, 2015.&#160;&#160;
    </p>
    <p style="text-indent: 60.0px; text-align: justify">

    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01.&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p>

    </p>
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        <td style="width: 95%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (d) &#160;&#160;&#160;Exhibits
          </p>
        </td>
      </tr>
    </table>
    </div>
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          &#160;
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        <td style="width: 80%">

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            &#160;
          </p>
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit </b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Number</b>
          </p>
        </td>
        <td style="width: 5%; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td style="width: 80%; text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Description</b>
          </p>
        </td>
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        </td>
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          <p style="text-indent: 60.0px">

          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 80%">

        </td>
      </tr>
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          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 10%; text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            99.1
          </p>
        </td>
        <td style="width: 5%; text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="width: 80%; text-align: left; padding-left: 0.0px" valign="top">
          News Release, dated February 18, 2015. *

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

    </p>
    <p>

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

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

        </div>
      </div>
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        <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%; font-family: Times New Roman; margin-left:auto;margin-right:auto; font-size: 10pt; margin-bottom: 10.0px">
      <tr>
        <td style="width: 7%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dated:
          </p>
        </td>
        <td style="width: 43%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="font-family: Times New Roman; font-size: 10pt">
            February 18, 2015
          </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 colspan="2">
          &#160;
        </td>
      </tr>
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        <td style="width: 7%">

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

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 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 style="width: 47%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

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

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

        </td>
        <td style="width: 47%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

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

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

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

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

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

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

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

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

    </p>
    <p style="text-align: center">
      3
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51042004ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2015 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <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 Record Sales of $501 Million for 2014</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-family: Times New Roman; font-size: 12pt"><b>2014
      silver and gold production of 11.1 million ounces and 186,997 ounces,
      24% and 56% increases over 2013</b></font></i>
    </p>
    <p>
      COEUR D'ALENE, Idaho--(BUSINESS WIRE)--February 18, 2015--Hecla Mining
      Company (NYSE:HL) today announced 2014 sales of $500.8 million and gross
      profit of $85.2 million, with net income applicable to common
      stockholders of $17.3 million, or $0.05 per basic share, and an adjusted
      net income applicable to common stockholders of $5.6 million, or $0.02
      per basic share.<sup>1</sup>
    </p>
    <p>
      <b>FULL YEAR 2014 HIGHLIGHTS - comparison to 2013</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Record sales of $500.8 million, a 31% increase.<sup>2</sup>
      </li>
      <li style="margin-bottom: 10.0px">
        Silver equivalent production of 34.5 million ounces, the highest in
        the company&#8217;s history.<sup>3</sup>
      </li>
      <li style="margin-bottom: 10.0px">
        A 24% increase in silver production with a 30% decrease in per ounce
        cash costs, after by-product credits.
      </li>
      <li style="margin-bottom: 10.0px">
        A 56% increase in gold production with 128,244 ounces produced at Casa
        Berardi at an average cash cost, after by-product credits, per gold
        ounce of $826, a 13% reduction.<sup>4</sup>
      </li>
      <li style="margin-bottom: 10.0px">
        Adjusted EBITDA of $174.4 million, a 29% increase.<sup>5</sup>
      </li>
      <li style="margin-bottom: 10.0px">
        Operating cash flow of $83.1 million, which includes the final $55.4
        million payment to satisfy the Coeur d&#8217;Alene Basin litigation
        settlement, a 212% increase, and the third highest level in the
        company&#8217;s history.
      </li>
      <li style="margin-bottom: 10.0px">
        Highest year-end proven and probable silver reserve levels in the
        company&#8217;s history for the 9th consecutive year.
      </li>
      <li style="margin-bottom: 10.0px">
        Cash and cash equivalents of $209.7 million at December&#160;31, 2014.
      </li>
    </ul>
    <p>
      &#8220;In 2014 Hecla produced the equivalent of 34 million ounces of silver
      and over $500 million in revenues, both company records,&#8221; said Phillips
      S. Baker Jr., Hecla&#8217;s President and CEO. &#8220;With the increased production
      and lower per ounce costs for both gold and silver, Hecla was able to
      end the year with roughly the same amount of cash we started with, while
      continuing to invest in capital projects designed to extend mine life
      and increase production. While spending less on exploration than in
      2013, we still maintained reserves, despite using lower price
      assumptions, after record production, and continued to grow our resource
      base.&#8221;
    </p>
    <p>
      &#8220;In 2015 we expect to once again have our capital and exploration
      expenditures fully funded by adjusted EBITDA even as we continue the
      capital expenditures designed to drive returns, growth and mine life,&#8221;
      Mr. Baker added.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(1)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          Adjusted net income applicable to common stockholders represents a
          non-U.S. Generally Accepted Accounting Principles (GAAP)
          measurement. A reconciliation of net income (loss) applicable to
          common stockholders (GAAP) to adjusted net income (loss) can be
          found at the end of the release.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(2)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          Increase in sales and production was principally due to owning Casa
          Berardi for the entire year versus only seven months in 2013 and
          Lucky Friday reaching full production in September 2013.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(3)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          2014 silver equivalent calculation is based on the following prices:
          $19.08/oz for silver, $1,266/oz for gold, $0.95/lb for lead, and
          $0.98/lb for zinc.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(4)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          Cash cost, after by-product credits, per silver and gold ounce
          represent a non-GAAP measurement. A reconciliation of cash cost,
          after by-product credits, per ounce of silver and gold to cost of
          sales and other direct production costs and depreciation, depletion
          and amortization (GAAP) can be found at the end of this release.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(5)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          Adjusted EBITDA is a non-GAAP measurement, a reconciliation of which
          to net income (GAAP) can be found at the end of this release.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      <b>SILVER AND GOLD RESERVE GROWTH</b>
    </p>
    <p>
      Proven and probable silver reserves of 173 million ounces increased by
      1.9% over December 31, 2013 levels. Proven and probable gold reserves of
      2.1 million ounces decreased by 1.5% over December 31, 2013 levels.
      Please refer to the reserves and resources table at the end of this
      press release, or to the press release entitled &#8220;Hecla Reports Record
      Silver Reserves,&#8221; issued on February 12, 2015 for further information on
      the new reserve and resource levels as well as a detailed summary of the
      Company&#8217;s exploration programs.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>FINANCIAL OVERVIEW</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

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

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i><b>HIGHLIGHTS</b></i>
          </p>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>FINANCIAL DATA (000s)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>121,985</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          114,180
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>500,781</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          382,589
        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>22,207</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,731
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>85,201</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          66,146
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Income (loss) applicable to common stockholders
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,767</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (3,046
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,272</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (25,682
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Basic and diluted income (loss) per common share
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.05</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.05</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.08
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net income (loss)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,905</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,908
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,824</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (25,130
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash provided by operating activities
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>24,356</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          21,564
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>83,124</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          26,644
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Capital expenditures (excluding capitalized interest)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>37,732</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          43,639
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>131,607</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          154,446
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash and cash equivalents as of year end
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>&#8212;</b>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>&#8212;</b>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>209,665</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          212,175
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </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>
      Net income applicable to common stockholders for the fourth quarter and
      full year 2014, respectively, was $16.8 million and $17.3 million, or
      $0.05 and $0.05 per basic share, compared to net losses of $3.0 million
      and $25.7 million, or $0.01 and $0.08 per basic share, for the fourth
      quarter and full year 2013, respectively. Among items impacting the
      results for the 2014 periods compared to 2013 were the following:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Revenue increased by 7% for the fourth quarter and 31% for the year
        due to higher production from all three mines in spite of lower
        average silver, gold, and lead prices, partially offset by higher zinc
        prices in 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        Exploration and pre-development expense decreased by $1.1 million for
        the quarter and $18.0 million for the year.
      </li>
      <li style="margin-bottom: 10.0px">
        Foreign exchange gains due to the decline in the Canadian dollar
        versus the USD.
      </li>
      <li style="margin-bottom: 10.0px">
        Increase in the provision for closed operations and reclamation for
        historic properties.
      </li>
      <li style="margin-bottom: 10.0px">
        Net mark-to-market gains on base metal forward contracts of $11.7
        million and $9.1&#160;million for the fourth quarter and full year 2014
        compared to net losses of $5.5&#160;million and net gains of $18.0 million
        for the same periods in 2013.
      </li>
      <li style="margin-bottom: 10.0px">
        Impairment losses of $2.4 million for 2014 for investments in
        exploration companies.
      </li>
      <li style="margin-bottom: 10.0px">
        Interest expense increase due to senior notes issued in April 2013
        being outstanding for the full year in 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        Income tax benefit of $5.2 million in 2014, in spite of reporting
        positive income before income taxes as a result of book-versus-tax
        differences for certain items in Canada and the U.S.
      </li>
    </ul>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      Operating cash flow increased 212% to $83.1 million in 2014 inclusive of
      the $55.4&#160;million payment to satisfy the Coeur d&#8217;Alene Basin litigation
      settlement. The final settlement was almost entirely funded by proceeds
      received from the exercise of the remaining outstanding warrants.
    </p>
    <p>
      Year end 2014 cash and cash equivalents of $209.7 million reduced only
      $2.5 million over the prior year level even with the Company undertaking
      the second largest capital program in its history. Hecla&#8217;s capital
      investments at its existing operations were $37.7 million and
      $131.6&#160;million for the fourth quarter and year ended December&#160;31, 2014,
      respectively. The capital investment for the year at Lucky Friday was
      $52.0 million, including $35.2 million for the #4 Shaft Project. At
      Greens Creek, capital investment was $29.3 million and was focused on
      underground mine development, rehabilitation, definition drilling,
      equipment rebuilds and replacement, concentrator upgrades, and surface
      infrastructure improvements. At Casa Berardi, capital investment was
      $50.4 million and was focused on mine development and completion of the
      shaft deepening project.
    </p>
    <p>
      <b>Metals Prices</b>
    </p>
    <p>
      Average realized silver prices in the fourth quarter and full year 2014
      were $16.00 and $18.46 per ounce, 21% and 13% lower than the prior
      periods, respectively. Realized prices for gold for the 2014 periods
      were $1,195 and $1,262 per ounce, 6% and 4% lower than the prior
      periods. Realized prices for lead were lower for the 2014 periods than
      in 2013, while realized prices for zinc were higher.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

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

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="6" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31, 2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31, 2013
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31, 2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31, 2013
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>AVERAGE METAL PRICES</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          London PM Fix ($/oz)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16.47</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          20.76
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>19.08</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          23.83
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Realized price per ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16.00</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          20.13
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>18.46</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          21.28
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Gold -
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          London PM Fix ($/oz)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,200</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,272
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,266</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,411
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Realized price per ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,195</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,267
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,262</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,317
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Lead -
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          LME Cash ($/pound)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.91</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.96
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.95</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.97
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Realized price per pound
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.93</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.98</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.00
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Zinc -
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          LME Cash ($/pound)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1.01</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.87
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.98</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.87
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Realized price per pound
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1.03</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.88
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.99</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.88
        </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>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <b>Base Metals Forward Sales Contracts</b>
    </p>
    <p>
      The following table summarizes the quantities of base metals committed
      under financially settled forward sales contracts at December&#160;31, 2014:
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

        </td>
        <td>
          &#160;
        </td>
        <td colspan="4">

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

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

        </td>
        <td>

        </td>
        <td colspan="4" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>Pounds Under Contract</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="6">

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="6" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>Average Price per Pound</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 colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Zinc</b>
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Zinc</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Lead</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>CONTRACTS ON PROVISIONAL SALES</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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          2015 settlements
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          19,456
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8,378
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.01
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.87
        </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 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>

        </td>
        <td>

        </td>
        <td colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>CONTRACTS ON FORECASTED SALES</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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          2015 settlements
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          46,738
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          29,652
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.96
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.07
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          2016 settlements
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          44,699
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          34,337
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.99
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.03
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          2017 settlements
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,984
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            1.04
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          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 colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The contracts represent 31% of the forecasted payable zinc production
      for the three-year period 2015-2017 at an average price of $0.98 per
      pound and 28% of the forecasted payable lead production for the
      three-year period 2015-2017 at an average price of $1.05 per pound.
    </p>
    <p>
      <b>OPERATIONS OVERVIEW</b>
    </p>
    <p>
      <b>Overview</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Greens Creek production of 2.5 million and 7.8 million ounces of
        silver in the fourth quarter and full year 2014 increased 34% and 5%
        over the same periods of 2013, as the mine performed at the high end
        of its expected production range.
      </li>
      <li style="margin-bottom: 10.0px">
        Lucky Friday silver production of 745,766 and 3,239,151 ounces for the
        fourth quarter and full year 2014 increased 16% and 122% over the same
        periods of 2013, as the mine benefited from 12 months of full
        production.
      </li>
      <li style="margin-bottom: 10.0px">
        Casa Berardi gold production of 39,385 and 128,244 ounces for the
        fourth quarter and full year 2014 represents 22% and 105% increases
        over production achieved under Hecla&#8217;s ownership in the 2013 periods
        as Hecla benefited from a full year of ownership of the mine.
      </li>
    </ul>
    <p>
      The following table provides the production and cash cost, after
      by-product credits, per silver and gold ounce summary for the fourth
      quarter and twelve months ended December&#160;31, 2014 and 2013:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

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

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

        </td>
        <td>

        </td>
        <td colspan="11" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="middle">
          <b>Fourth Quarter and Year Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="middle">
          Fourth Quarter and Year 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 colspan="11" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31, 2014</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31, 2013
        </td>
      </tr>
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="4" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Production (ounces)
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Increase<br>over 2013
          </p>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Cash costs, after<br>by-product credits,<br>per silver or gold<br>ounce<sup>1,2</sup>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="4" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Production (ounces)
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Cash costs, after<br>by-product credits,<br>per silver or gold<br>ounce<sup>1,2</sup>
          </p>
        </td>
      </tr>
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Q4
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Year
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Q4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Year
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Q4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Year
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Q4
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Year
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Q4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Year
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Silver
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,213,096</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11,090,506</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>29%</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>24%</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$4.58</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$4.81</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $7.33
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $6.84
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Gold
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>54,674</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>186,997</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>56%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$635</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$826</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          47,108
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          119,989
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $824
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $951
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Greens Creek
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,459,092</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,826,341</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>34%</b>
        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$2.74</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$2.89</b>
        </td>
        <td>

        </td>
        <td>

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

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

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>745,766</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,239,151</b>
        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>122%</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$10.65</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$9.44</b>
        </td>
        <td>

        </td>
        <td>

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

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $19.21
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Casa Berardi<sup>3</sup>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>39,385</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>128,244</b>
        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$635</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$826</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $824
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $951
        </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>

        </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%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(1)</sup>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Cash cost, after by-product credits, per silver or gold ounce
          represent a non-GAAP measurement. A reconciliation of cash cost,
          after by-product credits, per ounce of silver and gold to cost of
          sales and other direct production costs and depreciation, depletion
          and amortization (GAAP) can be found at the end of the release.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Cash cost, after by-product credits, per gold ounce is only
          applicable to Casa Berardi production. Gold produced from Greens
          Creek is used as a by-product credit against the silver cash cost.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <sup>(3)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Casa Berardi mine was acquired on June 1, 2013.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      The following table provides the production summary on a consolidated
      basis for the fourth quarter and twelve months ended December&#160;31, 2014
      and 2013:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
        <td colspan="5">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="4">

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>Fourth Quarter Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="4" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>Twelve Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td colspan="2" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>PRODUCTION SUMMARY</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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>

        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,213,096</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11,090,506</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,531,083</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,499,221</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>54,674</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>186,997</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>49,469</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>177,584</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,787</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>40,255</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,422</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>32,632</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,219</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          16,416
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>67,969</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10,996</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>48,648</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          42,509
        </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>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <b>Greens Creek Mine - Alaska</b>
    </p>
    <p>
      Silver production at Greens Creek in 2014 was 2.5 million ounces for the
      fourth quarter and 7.8 million ounces for the year. The mine
      demonstrated strong production throughout 2014, producing 3.5 million
      ounces of silver in the first half of the year and 4.3 million ounces in
      the second half. The silver production increased over 2013 due to higher
      silver ore grades, particularly during the fourth quarter of 2014. The
      mill operated at an average of 2,236 tons per day in 2014, which is the
      highest daily average since the mine began operations in 1989.
    </p>
    <p>
      Cash cost, after by-product credits, per silver ounce at Greens Creek
      was $2.74 and $2.89 for the fourth quarter and full year, respectively,
      compared to $5.15 and $4.42 for the same periods in 2013. The decrease
      in cash costs, after by-product credits, per silver ounce for 2014
      compared to 2013 was the result of lower milling costs and higher
      by-product credits and silver production. Milling costs decreased in
      2014 compared to 2013 due to increased availability of less expensive
      hydroelectric power. The value of by-product metals produced increased
      as a result of higher zinc and gold production and higher zinc prices,
      partially offset by lower gold prices.
    </p>
    <p>
      <b>Lucky Friday Mine - Idaho</b>
    </p>
    <p>
      The Lucky Friday mine produced 745,766 ounces of silver in the fourth
      quarter and 3,239,151 ounces of silver for the full year 2014, compared
      to 642,224 ounces and 1,459,000&#160;ounces for the same periods in 2013. The
      increase in annual production is due to both higher throughput and
      grades. The grades increased over two ounces per ton due to mine
      sequencing. With the mine fully operational, throughput increased 77%
      averaging almost 850&#160;tons per day.
    </p>
    <p>
      Cash cost, after by-product credits, per silver ounce at Lucky Friday
      was $10.65 and $9.44 in the fourth quarter and full year, respectively,
      compared to $13.59 and $19.21 for the same periods in 2013. The per
      ounce costs declined almost $10 per ounce for the year due to higher
      production. These 2014 per ounce costs were slightly higher in the
      fourth quarter compared to the third quarter due primarily to lower
      silver production as a result of limitations on backfill that typically
      occur once or twice a year.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      The #4 Shaft Project is a key growth project that is currently excavated
      to the 7580 level, with work continuing on the station at that level.
      The #4&#160;Shaft Project is more than 75% completed, and is expected to be
      finished in 2016, allowing access to higher-grade zones beginning in
      2018 once the associated development is concluded. The #4 Shaft Project
      is expected to cost approximately $215 million, with about $50 million
      left to be spent over the next two years.
    </p>
    <p>
      <b>Casa Berardi Gold Mine - Quebec</b>
    </p>
    <p>
      The Casa Berardi mine, acquired from Aurizon Mines Ltd. on June 1, 2013,
      produced 39,385 ounces of gold in the fourth quarter and 128,244 ounces
      for the full year 2014, compared to 32,386 and 62,532 for the same 2013
      periods. The increased gold production during the periods was due in
      part to higher grades and higher recoveries as well as operating the
      mine for the full year in 2014. The mill throughput rate averaged 2,421
      tons per day in the fourth quarter.
    </p>
    <p>
      Cash cost, after by-product credits, per gold ounce was $635, for the
      fourth quarter and $826 for 2014, a 23% and 13% decrease from 2013
      periods. The lower costs during the year were due in part to higher
      production as well as changes in the CAD/USD exchange rate.
    </p>
    <p>
      The West Mine shaft deepening project, which included construction of
      loading pockets and other related infrastructure, was completed in the
      fourth quarter of 2014, and is expected to improve mine operations by
      providing additional access to the 118 and 123 zones for transporting
      ore and waste from underground. Excavation of the 985 drift (previously
      referred to as 1010) from the deepened shaft is expected to begin in
      2015. This drift is expected to improve ventilation and material
      handling and also provide a platform for deeper exploration drilling.
    </p>
    <p>
      <b>2015 GUIDANCE</b>
    </p>
    <p>
      For the full year 2015, based on current metals prices, the Company
      expects:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <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 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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center" valign="middle">
          <b>Cash cost, after by-product</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2015E<sup>1</sup> Silver</b>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center" valign="bottom">
          <b>2015E Gold</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center" valign="middle">
          <b>credits, per silver/gold</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Mine</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt" valign="bottom">
          <b>Production (Moz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt" valign="bottom">
          <b>Production (oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>ounce<sup>2,3</sup></b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Greens Creek</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          55,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          $4.50 per silver oz
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Lucky Friday</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          $8.75 per silver oz
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Casa Berardi</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          130,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          $825 per gold oz
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          10.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          185,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          $6.00 per silver oz
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Silver Equivalent Production<sup>2</sup></b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          35.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <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>
      </tr>
      <tr>
        <td style="padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2015E capital expenditures (excluding capitalized interest)</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          $145 million
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2015E pre-development and exploration expenditures</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          $18 million
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(1)</sup>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            2015E refers to the Company&#8217;s expectations for 2015
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(2)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          Metal price assumptions used for calculations: Au $1,225/oz, Ag
          $17.25/oz, Zn $0.90/lb, Pb $0.95/lb; USD/CAD assumed to be $0.91.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(3)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          Cash cost, after by-product credits, per silver and gold ounce
          represents a non-GAAP measurement. A reconciliation of historical
          cash cost, after by-product credits, per ounce of silver and gold to
          cost of sales and other direct production costs and depreciation,
          depletion and amortization (GAAP) can be found at the end of the
          release.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      <b>DIVIDEND</b>
    </p>
    <p>
      The<b> </b>Board of Directors declared a quarterly dividend of $0.0025
      per share of common stock, payable on or about March 23, 2015, to
      shareholders of record on March 13, 2015. The Company&#8217;s realized silver
      price was $16.00 in the fourth quarter and therefore did not satisfy the
      criteria for a larger dividend under the Company&#8217;s dividend policy.
    </p>
    <p>
      The Board of Directors also declared the regular quarterly dividend of
      $0.875 per share on the 157,816 outstanding shares of Series B
      Cumulative Convertible Preferred Stock. This represents a total amount
      to be paid of approximately $138,000. The cash dividend is payable April
      1, 2015, to shareholders of record on March 13, 2015.
    </p>
    <p>
      <b>CONFERENCE CALL AND WEBCAST</b>
    </p>
    <p>
      A conference call and webcast will be held today, Wednesday, February
      18, at 10:00 a.m. Eastern Time to discuss these results. You may join
      the conference call by dialing toll-free 1-877-703-6103 or for
      international by dialing 1-857-244-7302. The participant passcode is
      HECLA. Hecla&#8217;s live and archived webcast can be accessed at <u>www.hecla-mining.com</u>
      under Investors or via Thomson StreetEvents Network.
    </p>
    <p>
      <b>ABOUT HECLA</b>
    </p>
    <p>
      Hecla Mining Company (NYSE:HL) 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>
      <u><b>Cautionary Statement Regarding Forward-Looking Statements,
      Including 2015 Outlook</b></u>
    </p>
    <p>
      This news release contains &#8220;forward-looking statements&#8221; within the
      meaning of Section 27A of the Securities Act of 1933, as amended, and
      Section 21E of the Securities Exchange Act of 1934, as amended, which
      are intended to be covered by the safe harbor created by such sections
      and other applicable laws. Such forward-looking statements may include,
      without limitation: (i) estimates of future production and sales,
      including as a result of the #4 Shaft Project; (ii) estimates of future
      costs including the expected cost of the #4 Shaft project and cash cost,
      after by-product credits per ounce of silver/gold; (iii) guidance for
      2015 for silver and gold production, silver equivalent production, cash
      cost, after by-product credits, capital expenditures and pre-development
      and exploration expenditures (which assumes metal prices of gold at
      $1,225/oz., silver at $17.25/oz., zinc at $0.90/lb. and lead at
      $0.95/lb. and USD/CAD assumed to be at $0.91); (iv) expectations
      regarding the development, growth and exploration potential of the
      Company&#8217;s projects; (v) the Company&#8217;s mineral reserves and resources;
      (vi) expectations for 2015 capital and exploration expenses to be fully
      funded by adjusted EBITDA. Estimates or expectations of future events or
      results are based upon certain assumptions, which may prove to be
      incorrect. Such assumptions, include, but are not limited to: (i) there
      being no significant change to current geotechnical, metallurgical,
      hydrological and other physical conditions; (ii) permitting,
      development, operations and expansion of the Company&#8217;s projects being
      consistent with current expectations and mine plans; (iii)
      political/regulatory developments in any jurisdiction in which the
      Company operates being consistent with its current expectations; (iv)
      the exchange rate for the Canadian dollar to the U.S. dollar, being
      approximately consistent with current levels; (v) certain price
      assumptions for gold, silver, lead and zinc; (vi) prices for key
      supplies being approximately consistent with current levels; (vii) the
      accuracy of our current mineral reserve and mineral resource estimates;
      and (viii) 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. Where the
      Company expresses or implies an expectation or belief as to future
      events or results, such expectation or belief is expressed in good faith
      and believed to have a reasonable basis. However, such statements are
      subject to risks, uncertainties and other factors, which could cause
      actual results to differ materially from future results expressed,
      projected or implied by the &#8220;forward-looking statements.&#8221; Such risks
      include, but are not limited to gold, silver and other metals price
      volatility, operating risks, currency fluctuations, increased production
      costs and variances in ore grade or recovery rates from those assumed in
      mining plans, community relations, conflict resolution and outcome of
      projects or oppositions, litigation, political, regulatory, labor and
      environmental risks, and exploration risks and results, including that
      mineral resources are not mineral reserves, they do not have
      demonstrated economic viability and there is no certainty that they can
      be upgraded to mineral reserves through continued exploration. For a
      more detailed discussion of such risks and other factors, see the
      Company&#8217;s 2014 Form 10-K, filed on February 18, 2015 with the Securities
      and Exchange Commission (SEC), as well as the Company&#8217;s other SEC
      filings. The Company does not undertake any obligation to release
      publicly revisions to any &#8220;forward-looking statement,&#8221; including,
      without limitation, outlook, to reflect events or circumstances after
      the date of this news release, or to reflect the occurrence of
      unanticipated events, except as may be required under applicable
      securities laws. Investors should not assume that any lack of update to
      a previously issued &#8220;forward-looking statement&#8221; constitutes a
      reaffirmation of that statement. Continued reliance on &#8220;forward-looking
      statements&#8221; is at investors&#8217; own risk.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      <u><b>Qualified Person (QP) Pursuant to Canadian National Instrument
      43-101</b></u>
    </p>
    <p>
      Dean McDonald, PhD. P.Geo., Senior Vice President - Exploration of Hecla
      Mining Company, who serves as a Qualified Person under National
      Instrument 43-101, supervised the preparation of the scientific and
      technical information concerning Hecla&#8217;s mineral projects in this news
      release. Information regarding data verification, surveys and
      investigations, quality assurance program and quality control measures
      and a summary of sample, analytical or testing procedures for the Greens
      Creek Mine are contained in a technical report prepared for Hecla and
      Aurizon Mines Ltd. titled &#8220;Technical Report for the Greens Creek Mine,
      Juneau, Alaska, USA&#8221; effective date March 28, 2013, and for the Lucky
      Friday Mine are contained in a technical report prepared for Hecla
      titled &#8220;Technical Report on the Lucky Friday Mine Shoshone County,
      Idaho, USA&#8221; effective date April 2, 2014, and for the Casa Berardi Mine
      are contained in a technical report prepared for Hecla titled &#8220;Technical
      Report on the Mineral Resource and Mineral Reserve Estimate for the Casa
      Berardi Mine, Northwestern Quebec, Canada&#8221; effective date March 31, 2014
      (the &#8220;Casa Berardi Technical Report&#8221;). Also included in these three
      technical reports is a description of the key assumptions, parameters
      and methods used to estimate mineral reserves and resources and a
      general discussion of the extent to which the estimates may be affected
      by any known environmental, permitting, legal, title, taxation,
      socio-political, marketing or other relevant factors. Copies of these
      technical reports are available under Hecla's profile on SEDAR at <u>www.sedar.com</u>.
    </p>
    <p>
      The current Casa Berardi drill program was performed on core sawed in
      half and included the insertion of blanks and standards of variable
      grade in every 24 core samples. Standards were generally provided by
      Analytical Solutions Ltd and prepared in 30 gram bags. Samples were sent
      to the Swastika Laboratories in Swastika, Ontario, a registered
      accredited laboratory, where they were dried, crushed, and split for
      gold analysis. Analysis for gold was completed by fire assay with AA
      finish. Gold over-limits were analyzed by fire assay with gravimetric
      finish. Data received from the lab were subject to validation using
      in-built program triggers to identify outside limit blank or standard
      assays that require re-analysis. Over 5% of the original pulps and
      rejects are sent for re-assay to ALS Chemex in Val d&#8217;Or for quality
      control.
    </p>
    <p>
      Dr. McDonald reviewed and verified information regarding drill sampling,
      data verification of all digitally-collected data, drill surveys and
      specific gravity determinations relating to the Casa Berardi mine. The
      review encompassed quality assurance programs and quality control
      measures including analytical or testing practice, chain-of-custody
      procedures, sample storage procedures and included independent sample
      collection and analysis. This review found the information and
      procedures meet industry standards and are adequate for Mineral Resource
      and Mineral Reserve estimation and mine planning purposes.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

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

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

        </td>
      </tr>
      <tr>
        <td colspan="18" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>HECLA MINING COMPANY</b>
        </td>
      </tr>
      <tr>
        <td colspan="18" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Consolidated Statements of Income (Loss)
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (dollars and shares in thousands, except per share amounts -
            unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Sales of products
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>121,985</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          114,180
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>500,781</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          382,589
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost of sales and other direct production costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>68,986</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          71,546
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>304,446</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          235,316
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>30,792</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          27,903
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>111,134</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          81,127
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>99,778</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          99,449
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>415,580</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          316,443
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Gross profit
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>22,207</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,731
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>85,201</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          66,146
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Other operating expenses:
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,554</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6,784
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>31,538</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          28,925
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,612</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,698</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          23,502
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,401
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,969</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,148
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Other operating expense (income)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>442</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,295</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,641
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Loss (gain) on disposition of property, plants, equipment and
          mineral interests
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (75
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Lucky Friday suspension-related income
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>&#8212;</b>
          </p>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (1,401
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Aurizon acquisition costs
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          29
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          26,397
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Provision for closed operations and reclamation
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6,489</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          831
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10,098</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,403
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>19,794</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,031
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>63,573</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          98,540
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Income (loss) from operations
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,413</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          700
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>21,628</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (32,394
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Other income (expense):
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Gain (loss) on derivative contracts
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11,694</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (5,537
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,134</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          17,979
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Gain on sale of investments
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          197
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Unrealized loss on investments
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(474</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,639
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(3,224</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,639
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Net foreign exchange gain
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5,484</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4,043
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11,535</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Interest and other income (loss)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>78</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (165
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>286</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          662
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Interest expense
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(6,468</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (7,183
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(26,775</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (21,689
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10,314</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (11,481
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(9,044</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,531
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Income (loss) before income taxes
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>12,727</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (10,781
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>12,584</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (34,925
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Income tax benefit (provision)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,178</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,873
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5,240</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          9,795
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net income (loss)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,905</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,908
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,824</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (25,130
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Preferred stock dividends
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(138</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (138
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(552</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (552
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Income (loss) applicable to common stockholders
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,767</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (3,046
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,272</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (25,682
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Basic income (loss) per common share after preferred dividends
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.05</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.05</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.08
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Diluted income (loss)per common share after preferred dividends
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.05</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.05</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.08
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Weighted average number of common shares outstanding basic
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>367,219</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          342,649
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>353,442</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          318,679
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Weighted average number of common shares outstanding diluted
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>367,653</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          342,649
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>357,435</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          318,679
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

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

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

        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>HECLA MINING COMPANY</b>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Consolidated Balance Sheets
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (dollars and share in thousands - unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31, 2014</b>
        </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="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          December 31, 2013
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>ASSETS</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Current assets:
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>209,665</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          212,175
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>34,880</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          38,565
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>47,473</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          48,837
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Current deferred income taxes
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>12,029</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          35,734
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Other current assets
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>12,312</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8,324
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Total current assets
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>316,359</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          343,635
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,920</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,019
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Non-current restricted cash and investments
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>883</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,217
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Properties, plants, equipment and mineral interests, net
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,831,564</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,791,601
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Non-current deferred income taxes
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>98,923</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          78,780
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Other non-current assets and deferred charges
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,415</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,867
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,262,064</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,232,119
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td 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>
        <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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>LIABILITIES</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Current liabilities:
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Accounts payable and accrued liabilities
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>41,869</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          51,152
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Accrued payroll and related benefits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>27,956</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          18,769
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,241</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,881
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Current portion of capital leases
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,491</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8,471
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Current portion of accrued reclamation and closure costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,631</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          58,425
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Other current liabilities
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5,797</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6,781
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Total current liabilities
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>90,985</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          151,479
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>13,650</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,332
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>55,619</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          46,766
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>498,479</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          490,726
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Non-current deferred tax liability
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>153,300</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          164,861
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>53,057</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          37,536
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Total liabilities</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>865,090</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          905,700
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td 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>
        <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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>STOCKHOLDERS&#8217; EQUITY</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Preferred stock
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>39</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          39
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>92,382</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          85,896
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,486,750</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,426,845
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(141,306</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (154,982
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accumulated other comprehensive loss
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(32,031</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (26,299
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Treasury stock
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(8,860</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (5,080
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Total stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,396,974</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,326,419
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          <b>Total liabilities and stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,262,064</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,232,119
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Common shares outstanding
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>367,377</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          342,663
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

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

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

        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>HECLA MINING COMPANY</b>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Consolidated Statements of Cash Flows
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (dollars in thousands - unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

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

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>OPERATING ACTIVITIES</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net income (loss)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,824</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (25,130
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Non-cash elements included in net income (loss):
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>112,173</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          82,366
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Gain on sale of investments
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (197
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Unrealized loss on investments
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,224</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,639
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Gain on disposition of properties, plants, equipment and mineral
          interests
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (75
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Provision for reclamation and closure costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10,215</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,788
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,895</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (5,893
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Stock compensation
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,965</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4,461
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Amortization of loan origination fees
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,183</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,435
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Gain on derivative contracts
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(6,886</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (1,338
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Foreign exchange gain
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(10,482</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (928
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Reversal of purchase price allocation to product inventory
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          550
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Other non-cash charges, net
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(858</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          86
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,091</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (1,313
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Inventories
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,119</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (6,507
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Other current and non-current assets
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(580</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,281
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Accounts payable and accrued liabilities
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(19,697</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (10,927
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Accrued payroll and related benefits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,422</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          539
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(3,612</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (4,775
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Accrued reclamation and closure costs and other non-current
          liabilities
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(47,847</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (13,418
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Cash provided by operating activities</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>83,124</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          26,644
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td 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>
        <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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>INVESTING ACTIVITIES</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Additions to properties, plants, equipment and mineral interests
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(122,537</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (150,736
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Acquisition of Aurizon, net of cash acquired
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (321,117
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Proceeds from sale of investments
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,772
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Proceeds from disposition of properties, plants and equipment
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>428</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          460
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Change in restricted cash and investment balances
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,334</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          125
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(580</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (6,001
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Net cash used in investing activities</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(118,355</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (475,497
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td 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>
        <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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>FINANCING ACTIVITIES</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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 colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Proceeds from exercise of warrants
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>54,418</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          490,000
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Acquisition of treasury shares
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(3,740</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (286
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Dividend paid to common stockholders
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(3,547</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (5,991
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Dividends paid to preferred stockholders
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(552</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (552
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Debt issuance and loan origination fees paid
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(938</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (1,244
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Repayments of capital leases
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(9,137</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (7,039
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Net cash provided by financing activities</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>36,504</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          474,949
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect of exchange rates on cash
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(3,783</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (4,905
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net increase (decrease) in cash and cash equivalents
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(2,510</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          21,191
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Cash and cash equivalents at beginning of year
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>212,175</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          190,984
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Cash and cash equivalents at end of year
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>209,665</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          212,175
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <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="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

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

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

        </td>
      </tr>
      <tr>
        <td colspan="17" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>HECLA MINING COMPANY</b>
        </td>
      </tr>
      <tr>
        <td colspan="17" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Production Data
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>GREENS CREEK UNIT</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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="2" 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 colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Tons of ore milled
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>208,057</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>816,213</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>68.58</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>30.74</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>30.56</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          33.92
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Silver (oz./ton)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>15.37</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>13.24</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          13.04
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Gold (oz./ton)
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3.27</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3.22</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.33
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Zinc (%)
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>8.38</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.47
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Silver produced (oz.)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,459,092</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,826,341</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,448,347
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Gold produced (oz.)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>15,289</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>58,753</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          57,457
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Lead produced (tons)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5,249</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>20,151</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          20,114
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Zinc produced (tons)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>15,332</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>59,810</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          57,614
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, after by-product credits, per silver ounce (1)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2.74</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2.89</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4.42
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Capital additions (in thousands)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,720</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          11,971
        </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="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>29,265</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          57,119
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>LUCKY FRIDAY UNIT</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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="2" 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 colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Tons of ore processed
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>70,623</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>309,070</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>93.13</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>87.90</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>20.78</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>21.56</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          29.74
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Silver (oz./ton)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11.00</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11.00</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.99
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Lead (%)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6.75</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6.87</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6.19
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Zinc (%)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2.89</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2.93</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.69
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Silver produced (oz.)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>745,766</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,239,151</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,538</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>20,104</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          10,260
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Zinc produced (tons)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,887</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>8,159</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,793
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, after by-product credits, per silver ounce (1)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10.65</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9.44</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          19.21
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          Capital additions (in thousands)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>15,476</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          13,077
        </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="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>51,992</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          55,902
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>CASA BERARDI UNIT</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" 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="2" 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 colspan="2" 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="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Tons of ore milled
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>222,711</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>827,580</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>89.54</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>103.53</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>20.45</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>20.75</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          23.02
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Gold (oz./ton)
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.17</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.18
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Ore grade milled - Silver (oz./ton)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.041</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.034</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.036
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Silver produced (oz.)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>8,238</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>25,014</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          12,381
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Gold produced (oz.)
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>39,385</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>128,244</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          62,532
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, after by-product credits, per gold ounce (1)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>635</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          824
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>826</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          951
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Capital additions (in thousands)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>12,536</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          18,591
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>50,350</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          41,425
        </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%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (1) 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.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <b>HECLA MINING COMPANY</b><br>Reconciliation of Non-GAAP Measures to
      GAAP<br>(Unaudited)
    </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. Cash cost, before by-product credits, per ounce
      and Cash cost, after by-product credits, per ounce are measures
      developed by precious metals companies (including the Silver Institute)
      in an effort to provide a uniform standard for comparison purposes;
      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 and cash
      cost, after by-product credits per ounce of silver/gold.
    </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%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="6" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>In thousands (except per ounce amounts)</i>
          </p>
        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2014
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2014
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          By-product value, all silver properties:
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>25,063</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>95,701</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          77,616
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Gold
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>15,298</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>61,871</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          66,907
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Lead
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>15,149</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>66,082</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          48,973
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Total by-product credits
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>55,510</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>223,654</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7.82</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.36
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>8.65</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.71
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Gold
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4.76</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6.24
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5.59</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7.51
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Lead
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4.73</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6.12
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5.97</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5.50
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Total by-product credits
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17.31</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          20.72
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>20.21</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          21.72
        </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%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="6" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>In thousands (except per ounce amounts)</i>
          </p>
        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="6" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2014
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2014
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

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

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>134</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>464</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3.40</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3.62</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4.19
        </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="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </td>
        <td>
          &#160;
        </td>
        <td colspan="16">

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

        </td>
        <td>

        </td>
        <td colspan="16" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Total, Greens Creek and Lucky Friday
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>In thousands (except per ounce amounts)</i>
          </p>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>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 colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>70,189</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          69,673
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>276,842</b>
        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(55,510</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(223,654</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (193,496
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>14,679</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>53,188</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,205</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11,065</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Cash cost, before by-product credits, per silver ounce
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>21.89</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>25.02</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          By-product credits per silver ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(17.31</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(20.21</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (21.72
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          Cash cost, after by-product credits, per ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4.58</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4.81</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>14,679</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>53,188</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>19,230</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>72,936</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(21,293</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(82,639</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (76,824
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          By-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>55,510</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>223,654</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Change in product inventory
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(5,617</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(1,649</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (246
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>176</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,046</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,100
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Cost of sales and other direct production costs and depreciation,
            depletion and amortization (GAAP)
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>62,685</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>267,536</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

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

        </td>
        <td>
          &#160;
        </td>
        <td colspan="16">

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

        </td>
        <td>

        </td>
        <td colspan="16" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Greens Creek Unit
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

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

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>In thousands (except per ounce amounts)</i>
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>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 colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>51,828</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          50,906
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>199,247</b>
        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(45,088</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(176,650</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (170,563
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6,740</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>22,597</b>
        </td>
        <td>

        </td>
        <td>

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

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

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,826</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash cost, before by-product credits, per silver ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>21.08</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>25.46</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          By-product credits per silver ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(18.34</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(22.57</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (22.90
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          Cash cost, after by-product credits, per ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2.74</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2.89</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6,740</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>22,597</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,803</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>63,505</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(17,255</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(63,313</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (67,341
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          By-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>45,088</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>176,650</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Change in product inventory
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(5,295</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(1,706</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>169</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,949</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,947
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          Cost of sales and other direct production costs and depreciation,
          depletion and amortization (GAAP)
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>46,250</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>199,682</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

        </td>
        <td>
          &#160;
        </td>
        <td colspan="16" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Lucky Friday Unit (2)
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>In thousands (except per ounce amounts)</i>
          </p>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>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 colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>18,361</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          18,766
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>77,595</b>
        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(10,422</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(47,004</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (22,933
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,939</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>30,591</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>746</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,239</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash cost, before by-product credits, per silver ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>24.62</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>23.95</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          By-product credits per silver ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(13.97</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(14.51</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (15.72
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          Cash cost, after by-product credits, per ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10.65</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9.44</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,939</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>30,591</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,427</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,431</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(4,038</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(19,326</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (9,482
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          By-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10,422</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>47,004</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Change in product inventory
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (405
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>97</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          153
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          Cost of sales and other direct production costs and depreciation,
          depletion and amortization (GAAP)
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,434</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>67,854</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          49,063
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="16">

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

        </td>
        <td>

        </td>
        <td colspan="16" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Casa Berardi Unit (3)
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>In thousands (except ounce and per ounce amounts)</i>
          </p>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>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 colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, before by-product credits <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>25,145</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          26,806
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>106,438</b>
        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(134</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(464</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (262
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>25,011</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>105,974</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>39,385</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>128,244</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash cost, before by-product credits, per gold ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>638.44</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>829.97</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          By-product credits per gold ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(3.40</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(3.62</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (4.19
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          Cash cost, after by-product credits, per gold ounce
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>635.04</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>826.35</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash cost, after by-product credits
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>25,011</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>105,974</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>11,562</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          11,436
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>38,198</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          18,030
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(227</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(564</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (268
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          By-product credits
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>134</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>464</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Change in product inventory
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>414</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,151</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (3,766
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>199</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>820</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          142
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="bottom">
          Cost of sales and other direct production costs and depreciation,
          depletion and amortization (GAAP)
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>37,093</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          37,436
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>148,043</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          73,855
        </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>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

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

        </td>
        <td>
          &#160;
        </td>
        <td colspan="16">

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

        </td>
        <td>

        </td>
        <td colspan="16" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Total, All Locations
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>In thousands</i>
          </p>
        </td>
        <td>

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

        </td>
        <td colspan="7" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2013</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Reconciliation to GAAP:
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>39,690</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>159,162</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>30,792</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          27,904
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>111,134</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          81,128
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(21,520</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(83,203</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>55,644</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>224,118</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(5,204</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,502</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (4,012
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Reclamation and other costs
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>375</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          786
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,867</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,242
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Cost of sales and other direct production costs and depreciation,
          depletion and amortization (GAAP)
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>99,777</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>415,580</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(1)</sup>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          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.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(2)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          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. During 2013 we experienced a ramp up period of
          production effect costs and production.
        </td>
      </tr>
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(3)</sup>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 5.0px" valign="top">
          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.
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

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

        </td>
      </tr>
      <tr>
        <td colspan="18" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>HECLA MINING COMPANY</b>
        </td>
      </tr>
      <tr>
        <td colspan="18" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Reconciliation of Net Income (Loss) Applicable to Common
            Stockholders (GAAP) to Adjusted Net Income (Loss)(1)
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (dollars and ounces in thousands, except per share amounts -
            unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Three Months Ended
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          Twelve Months Ended
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </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 colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="2" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net income (loss) applicable to common stockholders (GAAP)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,767</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (3,046
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,272</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (25,682
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Adjusting items:
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          (Gains)/losses on derivatives contracts
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(11,694</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,537
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(9,134</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (17,979
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Environmental accruals
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5,640</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (516
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6,623</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (186
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Provisional price (gains)/losses
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>213</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          900
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,277</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          16,955
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Lucky Friday suspension-related costs
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (1,401
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Aurizon acquisition costs
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          29
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          26,397
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Aurizon inventory fair value adjustment
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          550
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Foreign exchange (gain) loss
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(5,484</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (4,043
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(11,535</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,959
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="bottom">
          Income tax effect of above adjustments
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,336</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (725
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>94</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (8,123
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Adjusted net income (loss) applicable to common stockholders
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>7,778</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (1,864
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>5,597</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (12,428
        </td>
        <td style="text-align: left; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Weighted average shares - basic
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>367,219</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          342,649
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>353,442</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          318,679
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Weighted average shares - diluted
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>367,653</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          342,649
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>357,435</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          318,679
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Basic adjusted net income (loss) per common share
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.02</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.02</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.04
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Diluted adjusted net income (loss) per common share
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.02</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>0.02</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (0.04
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </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>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(1)</sup>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Adjusted net income (loss) applicable to common stockholders and
          adjusted net income (loss) per share are non-GAAP measures which are
          indicators of our performance. They exclude certain impacts which
          are of a nature which we believe are not reflective of our
          underlying performance. Management believes that adjusted net income
          (loss) per common share provides investors with the ability to
          better evaluate our underlying operating performance.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <b>HECLA MINING COMPANY</b><br>Reconciliation of Net Income (Loss)
      (GAAP) to Adjusted EBITDA<br>(dollars and ounces in thousands, except
      per share amounts - unaudited)
    </p>
    <p>
      This release refers to a non-GAAP measure of Adjusted earnings before
      interest, taxes, depreciation and amortization (&quot;Adjusted EBITDA&quot;),
      which is a measure of our operating performance. Adjusted EBITDA is
      calculated as net income before the following items: interest expense,
      income tax provision (benefit), depreciation, depletion, and
      amortization expense, exploration expense, pre-development expense,
      Aurizon acquisition costs, Lucky Friday suspension-related costs,
      interest and other income (expense), gains and losses on derivative
      contracts, provisional price gains and losses, provisions for closed
      operations expense, stock-based compensation, and unrealized losses on
      investments. Management believes that, when presented in conjunction
      with comparable GAAP measures, Adjusted EBITDA is useful to investors in
      evaluating our operating performance. The following table reconciles net
      income (loss) to Adjusted EBITDA:
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td>

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

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

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 5.0px; padding-bottom: 2.0px" valign="bottom">
          <i>Dollars are in thousands</i>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          December 31,
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2013
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net income (loss)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>16,905</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,908
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,824</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (25,130
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus: Interest expense, net of amount capitalized
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6,468</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,183
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>26,775</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          21,689
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus/(Less): Income taxes
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(4,178</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (7,873
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(5,240</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (9,795
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus: Depreciation, depletion and amortization
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>30,792</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>111,134</b>
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,612</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>17,698</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          23,502
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus: Pre-development expense
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,401
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,969</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,148
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          29
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          26,397
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus: Aurizon product inventory fair value adjustment
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          550
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus/(Less): Lucky Friday suspension-related costs (income)
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (1,401
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus/(Less): Foreign exchange (gain) loss
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(5,484</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (4,043
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(11,535</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (2,959
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Less: Gains on derivative contracts
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(11,694</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,537
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(9,134</b>
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (17,979
        </td>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus/(Less): Provisional price (gains)/losses
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>213</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          900
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,277</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          16,955
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus: Provision for closed operations and environmental matters
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>6,569</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          87
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>10,215</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,788
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus: Stock-based compensation
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,138</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,209
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>9,494</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4,574
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Plus: Unrealized losses on investments
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>474</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,639
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>3,224</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,639
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(78</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          165
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>(286</b>
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          (859
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          Adjusted EBITDA
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>46,459</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          37,220
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>174,415</b>
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom: double black 2.25pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          135,246
        </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>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td colspan="19">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Reserves and Resources - 12/31/2014</b>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="19">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Proven Reserves</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Asset</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="middle">
          <b>Tons (000)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Greens Creek (a)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          15.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.10
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          9.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          74
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          180
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          440
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Lucky Friday (a)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,840
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          13.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          52,556
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          318,610
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          98,230
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Casa Berardi (1)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,606
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.15
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          237
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Total</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,450
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          52,630
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          238
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          318,790
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          98,670
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#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 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 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 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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Probable Reserves</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Asset</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Tons (000)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Greens Creek (a)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,691
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          12.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.10
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          93,947
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          738
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          240,670
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          639,490
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Lucky Friday (a)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,043
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          12.9
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7.4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          26,346
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          151,590
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          44,910
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Casa Berardi (1)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,806
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.14
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,100
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Total</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          17,540
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          120,293
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,838
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          392,260
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          684,400
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#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 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 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 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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Proven and Probable Reserves</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Asset</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Tons (000)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Greens Creek
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,696
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          12.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.10
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          94,021
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          739
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          240,850
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          639,930
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Lucky Friday
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,883
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          13.4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          78,902
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          470,200
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          143,140
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Casa Berardi
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          9,412
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.14
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,337
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Total</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          22,990
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          172,923
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,076
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          711,050
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          783,070
        </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 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 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 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 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>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Measured Resources</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Asset</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Tons (000)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Greens Creek (b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Lucky Friday (2)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,433
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.9
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          81,716
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          555,960
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          316,560
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Casa Berardi (3)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,838
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.18
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          330
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Heva (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,480
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.06
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          304
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Hosco (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          33,070
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.04
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,296
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          San Sebastian (5)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Rio Grande Silver (6)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Star (7)(a)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Total</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>54,821</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>81,716</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,930</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>555,960</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>316,560</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#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 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 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 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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Indicated Resources</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Asset</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Tons (000)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Greens Creek (b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          823
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          11.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.12
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          9,062
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          102
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          28,720
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          66,170
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Lucky Friday (2)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,674
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.9
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          43,307
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          299,560
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          163,250
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Casa Berardi (3)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          9,552
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.11
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,016
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Heva (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,570
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.07
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          369
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Hosco (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          31,620
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.04
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,151
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          San Sebastian (5)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,417
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.07
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          19,838
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          171
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,570
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          18,980
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Rio Grande Silver (6)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          516
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14.8
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,620
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          10,760
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,820
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Star (7)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,074
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6.4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,221
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          68,700
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          81,200
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Total</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>59,246</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>83,048</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>2,808</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>422,310</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>335,420</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#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 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 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 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 style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Measured &amp; Indicated Resources</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Asset</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Tons (000)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Greens Creek (b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          823
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          11.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.12
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          9,062
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          102
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          28,720
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          66,170
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Lucky Friday (2)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          22,107
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.9
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          125,023
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          855,520
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          479,810
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Casa Berardi (3)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          11,391
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.12
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,346
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Heva (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          11,050
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.06
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          672
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Hosco (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          64,690
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.04
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,447
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          San Sebastian (5)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,417
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          8.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.07
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          19,838
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          171
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14,570
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          18,980
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Rio Grande Silver (6)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          516
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          14.8
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,620
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          10,760
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,820
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Star (7)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1,074
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.0
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6.4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,221
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          68,700
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          81,200
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Total</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>114,067</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>164,764</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>4,738</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>978,270</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>651,980</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 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 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 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 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>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Inferred Resources</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Lead</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="middle">
          <b>Zinc</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Asset</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Tons (000)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(oz/ton)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(000 oz)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>(Tons)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Greens Creek (b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,452
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          13.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.09
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2.8
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          6.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          46,881
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          315
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          97,180
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          229,240
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Lucky Friday (8)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5,359
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5.4
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.8
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          41,152
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          289,420
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          98,890
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Casa Berardi (3)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,710
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.16
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          604
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Heva (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4,210
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.08
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          350
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Hosco (4)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          7,650
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.04
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          314
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          San Sebastian (9) (b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,721
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          4.2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.03
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          15,744
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          129
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          22,550
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          32,070
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Rio Grande Silver (10)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3,078
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          10.7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.01
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          1.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          33,097
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          36
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          40,990
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          34,980
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Star (11)(b)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          2,957
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          3.1
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5.9
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          5.6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          9,128
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          173,500
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          166,100
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          Monte Cristo (12)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          913
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          0.14
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          271
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          131
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          -
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          <b>Total</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>35,051</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: left; border-bottom: solid black 1.0pt; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
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          &#160;
        </td>
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          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>146,273</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>1,879</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>623,640</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom: solid black 1.0pt; white-space: nowrap; padding-left: 0.0px; padding-right: 0.0px" valign="bottom">
          <b>561,280</b>
        </td>
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          &#160;
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    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

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

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

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

        </div>
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    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 8pt; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <b>Note: All estimates are in-situ except for the proven reserve at
          Greens Creek which is in a surface stockpile. Resources are
          exclusive of reserves.</b>
        </td>
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      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(a)</sup> Mineral reserves are based on $1,225 gold, $17.25
            silver, $0.95 lead, and $0.90 zinc, unless otherwise stated.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(b)</sup> Mineral resources are based on $1,300 gold, $20
            silver, $0.95 lead, $0.90 zinc and $3.00 copper, unless otherwise
            stated.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(1)</sup> Mineral reserves are based on $1,225 gold and a
            US$/CAN$ exchange rate of 1:1.1 Reserve diluted to an average of
            23.7% to minimum width of 3 meters.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          Open pit mineral reserves of the East Mine were estimated in August
          2013 based on $1,300 gold and a US$/CAN$ exchange rate of 1:1.
          Reserve diluted to 20%.
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          Open pit mineral reserves of the Principal Mine were estimated in
          February 2011 based on $950 gold and a US$/CAN$ exchange rate of
          1:1. Reserve diluted to 10%.
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(2)</sup> Measured and indicated resources from Gold Hunter
            and Lucky Friday vein systems are diluted and factored for
            expected mining recovery.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(3)</sup> Measured, indicated and inferred resources are
            based on $1,300 gold and a US$/CAN$ exchange rate of 1:1.1.
            Underground resources are reported at a minimum mining width of 2
            to 3 meters.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          Open pit mineral resources of the Principal Mine were estimated
          based on $950 gold and a US$/CAN$ exchange rate of 1:1.
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Open pit mineral resources of the 160 Zone were based on $1,250
            gold and a US$/CAN$ exchange rate of 1:1. Resources diluted to 12%.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(4)</sup> Measured, indicated and inferred resources are
            based on $1,300 gold and a US$/CAN$ exchange rate of 1:1. The
            resources are in-situ without dilution and material loss. Resource
            model completed in 2011.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(5)</sup> Indicated resources reported at a minimum mining
            width of 2.0 meters for Hugh Zone and 1.5 meters for Andrea Vein,
            Middle Vein, and North Vein. East Francine resources reported at
            actual vein width.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          San Sebastian Hugh Zone also contains 8,400 tons of copper at 1.7%
          Cu within 492,700 tons of indicated resource.
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(6)</sup> Indicated resources reported at a minimum mining
            width of 6.0 feet for Bulldog; resources based on $26.5 Ag, $0.85
            Pb, and $0.85 Zn.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(7)</sup> Indicated resources reported at a minimum mining
            width of 4.3 feet.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(8)</sup> Inferred resources from Gold Hunter and Lucky
            Friday vein systems are diluted and factored for expected mining
            recovery.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <sup>(9)</sup> Inferred resources reported at a minimum mining width
          of 2.0 meters for Hugh Zone and 1.5 meters for Andrea Vein, Middle
          Vein, and North Vein. East Francine resources reported at actual
          vein width.
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          San Sebastian Hugh Zone also contains 18,860 tons of copper at 1.5%
          within 1,255,100 tons of inferred resource.
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(10)</sup> Inferred resources reported at a minimum mining
            width of 6.0 feet for Bulldog, 5.0 feet for Equity &amp; North
            Amethyst veins; resources based on $1,400 Au, $26.5 Ag, $0.85 Pb,
            and $0.85 Zn.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(11)</sup> Inferred resources reported at a minimum mining
            width of 4.3 feet.
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          <sup>(12)</sup> Inferred resource reported at a minimum mining width
          of 5.0 feet; resources based on $1,400 Au, $26.5 Ag.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          * Totals may not represent the sum of parts due to rounding.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>Hecla Mining Company<br>Mike Westerlund, 1-800-HECLA91
      (1-800-432-5291)<br>Vice President &#8211; Investor Relations<br><u>hmc-info@hecla-mining.com</u><br><u>www.hecla-mining.com</u>
    </p>
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