<SEC-DOCUMENT>0001157523-17-002673.txt : 20171012
<SEC-HEADER>0001157523-17-002673.hdr.sgml : 20171012
<ACCEPTANCE-DATETIME>20171012070019
ACCESSION NUMBER:		0001157523-17-002673
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20171012
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20171012
DATE AS OF CHANGE:		20171012

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:		171133755

	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>a51698046.htm
<DESCRIPTION>HECLA MINING COMPANY 8-K
<TEXT>
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    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>WASHINGTON,
      DC 20549</b></font>
    </p>
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 20%">


    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>FORM 8-K</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>C</b></font><b><font style="font-size: 10pt; font-family: Times New Roman">URRENT</font><font style="font-size: 12pt; font-family: Times New Roman">
      R</font><font style="font-size: 10pt; font-family: Times New Roman">EPORT</font><font style="font-size: 12pt; font-family: Times New Roman">
      P</font><font style="font-size: 10pt; font-family: Times New Roman">URSUANT</font><font style="font-size: 12pt; font-family: Times New Roman">
      </font><font style="font-size: 10pt; font-family: Times New Roman">TO</font><font style="font-size: 12pt; font-family: Times New Roman">
      S</font><font style="font-size: 10pt; font-family: Times New Roman">ECTION</font><font style="font-size: 12pt; font-family: Times New Roman">
      13 </font><font style="font-size: 10pt; font-family: Times New Roman">OR</font><font style="font-size: 12pt; font-family: Times New Roman">
      15(d) </font><font style="font-size: 10pt; font-family: Times New Roman">OF</font></b><br><font style="font-size: 12pt; font-family: Times New Roman"><b>T</b></font><b><font style="font-size: 10pt; font-family: Times New Roman">HE</font><font style="font-size: 12pt; font-family: Times New Roman">
      S</font><font style="font-size: 10pt; font-family: Times New Roman">ECURITIES</font><font style="font-size: 12pt; font-family: Times New Roman">
      E</font><font style="font-size: 10pt; font-family: Times New Roman">XCHANGE</font><font style="font-size: 12pt; font-family: Times New Roman">
      A</font><font style="font-size: 10pt; font-family: Times New Roman">CT</font><font style="font-size: 12pt; font-family: Times New Roman">
      </font><font style="font-size: 10pt; font-family: Times New Roman">OF</font><font style="font-size: 12pt; font-family: Times New Roman">
      1934</font></b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">Date of
      Report (Date of earliest event reported): </font><font style="font-size: 12pt; font-family: Times New Roman"><b>October
      12, 2017</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>HECLA
      MINING COMPANY</b></font><br><font style="font-size: 12pt; font-family: Times New Roman">(Exact
      Name of Registrant as Specified in Its Charter)</font>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-size: 10pt; font-family: Times New Roman; width: 100%">
      <tr>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: center; padding-left: 0.0px; width: 32%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-8491</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: center; padding-left: 0.0px; width: 32%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>77-0664171</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px; width: 32%">
          (State or Other Jurisdiction
        </td>
        <td style="width: 2%">

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

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

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

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

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

        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-size: 10pt; font-family: Times New Roman; width: 100%">
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>6500 North Mineral Drive, Suite 200</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Coeur d'Alene, Idaho 83815-9408</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Address of Principal Executive Offices) (Zip Code)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <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>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>N/A</b></font><br><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>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities act of 1933 (&#167;230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging growth company <font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. <font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
    </p>
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 100%">
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 100%">


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

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

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

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

        </div>
      </div>
    </div>
    <p style="white-space: nowrap; text-align: justify">

    </p>
    <p style="white-space: nowrap; text-align: justify">
      <b>Item 2.02.&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      On October 12, 2017, Hecla Mining Company (the &#8220;Company&#8221;) issued a news
      release announcing preliminary production and financial results for the
      third quarter ended September 30, 2017.&#160;&#160;All measures of the Company's
      third quarter 2017 operating and financial results and conditions
      contained in the news release are preliminary and reflect the Company&#8217;s
      expected results as of the date of the news release. Actual reported
      third quarter 2017 results are subject to management's final review as
      well as review by the Company's independent registered accounting firm
      and may vary significantly from current expectations because of a number
      of factors, including, without limitation, additional or revised
      information and changes in accounting standards or policies or in how
      those standards are applied. A copy of the news release is attached as
      Exhibit 99.1 to this Current Report and is incorporated herein by
      reference.&#160;&#160;
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      In accordance with General Instruction B.2 of Form 8-K, the information
      in this Item 2.02, including Exhibit 99.1, is being furnished and shall
      not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of the Securities
      Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or otherwise
      subject to the liability of that section, and shall not be incorporated
      by reference into any of the Company&#8217;s filings or other document filed
      under the Securities Act of 1933, as amended, or the Exchange Act,
      except as shall be expressly set forth by specific reference in such
      filing.
    </p>
    <p>
      <b>Item 9.01.&#160; Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap; text-align: justify">
      (d)&#160;&#160;Exhibits
    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit</b><br><b>No.</b>
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px; width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; padding-left: 0.0px; width: 91%">
          <b>Description</b>
        </td>
      </tr>
      <tr>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51698046ex99_1.htm">99.1</a>
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 2%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 91%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51698046ex99_1.htm">News Release (Preliminary Results)
            dated October 12, 2017.*</a>
          </p>
        </td>
      </tr>
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        <td style="width: 7%">

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

        </td>
        <td style="width: 91%">
          &#160;
        </td>
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        </td>
        <td style="width: 2%">

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

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

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

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

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

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

    </p>
    <p style="text-align: center">
      <u><font style="font-family: Times New Roman; font-size: 10pt">SIGNATURE</font></u>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, as amended, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-bottom: 10.0px; margin-left:auto;margin-right:auto; font-size: 10pt; font-family: Times New Roman; width: 100%">
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        </td>
        <td style="width: 50%">

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            HECLA MINING COMPANY
          </p>
        </td>
        <td style="width: 20%">

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

        </td>
        <td style="width: 50%">

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

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">
          &#160;
        </td>
      </tr>
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        <td style="width: 7%">

        </td>
        <td style="width: 50%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 3%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">

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

        </td>
        <td style="width: 50%">

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px; width: 3%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: left; border-bottom-color: black; padding-left: 20.0px; width: 20%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ David C. Sienko
          </p>
        </td>
        <td style="width: 20%">

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

        </td>
        <td style="width: 50%">

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

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 20.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            David C. Sienko
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 50%">

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

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 20.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President and General Counsel
          </p>
        </td>
      </tr>
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        <td style="width: 7%">

        </td>
        <td style="width: 50%">

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

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 7%">

        </td>
        <td style="width: 50%">

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

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 7%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px; width: 50%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            October 12, 2017
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 20%">

        </td>
        <td style="width: 20%">

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

    </p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51698046ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2017 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Hecla
      Reports 3.3 Million Ounces of Silver and 63,046 Ounces of Gold
      Production in Third Quarter 2017</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>Record
      quarterly gold production at Casa Berardi</b></font></i>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      COEUR D'ALENE, Idaho--(BUSINESS WIRE)--October 12, 2017--Hecla Mining
      Company (NYSE:HL) today announced preliminary silver and gold production
      results<sup>1</sup> for the third quarter of 2017.
    </p>
    <p>
      <b>THIRD QUARTER 2017 HIGHLIGHTS (Preliminary Results)</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Silver production of 3.3 million ounces and gold production of 63,046
        ounces, the second highest level since 2003.
      </li>
      <li style="margin-bottom: 10.0px">
        Silver equivalent production of 11.1 million ounces, the highest
        equivalent production quarter this year.<sup>2</sup>
      </li>
      <li style="margin-bottom: 10.0px">
        Lead production of 5,368 tons; zinc production of 14,498 tons.
      </li>
      <li style="margin-bottom: 10.0px">
        Record gold production and monthly throughput (September) at Casa
        Berardi since its acquisition.
      </li>
      <li style="margin-bottom: 10.0px">
        Cash, cash equivalents and short-term investments of approximately
        $205 million at September 30, 2017, an increase of about $3 million
        over the second quarter of 2017.
      </li>
    </ul>
    <p>
      &#8220;Operational performance was exceptional in the third quarter with
      record throughputs at Greens Creek and in September at Casa Berardi. San
      Sebastian continues to operate at the upper end of our expectations with
      the highest quarterly silver production of the year so far. The mines&#8217;
      performance has led to substantial increases in production of all four
      metals over the second quarter and puts us well on our way to achieving
      their production guidance and improving per-ounce cost performance,&#8221;
      said Phillips S. Baker, Jr., Hecla&#8217;s President and CEO. &#8220;With operating
      performance and substantially higher zinc and lead prices, our cash
      position is $7 million greater than at the end of the year.&#8221;
    </p>
    <p>
      <b>Greens Creek</b>
    </p>
    <p>
      At the Greens Creek mine, 2.3 million ounces of silver and 12,563 ounces
      of gold were produced in the third quarter, compared to 2.4 million
      ounces and 11,988 ounces, respectively, in the third quarter of 2016.
      The mill operated at an average of 2,391&#160;tons per day (tpd) in the third
      quarter, a life of mine record.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman; width: 100%">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          See cautionary statement regarding preliminary statements at the end
          of this release.
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (2)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Silver equivalent calculation based on average actual prices for
          each metal in the quarter as follows: $16.83 for Ag, $1,278 for Au,
          $1.06 for Pb, and $1.34 for Zn. Guidance calculation based on the
          following prices: $17.25 for Ag, $1,225 for Au, $1.05 for Pb, and
          $1.30 for Zn.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

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

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

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

        </div>
      </div>
    </div>
    <p>
      <b>Lucky Friday</b>
    </p>
    <p>
      At the Lucky Friday mine, 88,298 ounces of silver were produced in the
      third quarter, compared to 887,365 ounces in the third quarter of 2016,
      with the decrease due to the ongoing strike by unionized employees.
      Limited production and capital improvements are being performed by
      supervisory staff and are expected to continue during any remaining
      strike period.
    </p>
    <p>
      <b>Casa Berardi</b>
    </p>
    <p>
      At the Casa Berardi mine, 44,141 ounces of gold were produced in the
      third quarter, a record since the mine was acquired in 2013, including
      8,950 ounces from the East Mine Crown Pillar (EMCP) pit, compared to
      total mine production of 31,949 ounces in the third quarter of 2016. The
      mill operated at an average of 3,545&#160;tpd in the third quarter compared
      to 2,805 tpd in the third quarter 2016, and set a monthly throughput
      record of 3,913 tpd in September.
    </p>
    <p>
      <b>San Sebastian</b>
    </p>
    <p>
      At the San Sebastian mine, 880,885 ounces of silver and 6,342 ounces of
      gold were produced in the third quarter, compared to 975,610 ounces of
      silver and 8,189 ounces of gold produced in the third quarter 2016. The
      mill operated at an average of 397 tpd in the third quarter.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman; width: 100%">
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="25" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>PRODUCTION SUMMARY</b>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="middle" colspan="5" style="text-align: center; padding-left: 0.0px">
          <b>Third Quarter Ended</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="middle" colspan="5" style="text-align: center; padding-left: 0.0px">
          <b>Nine Months Ended</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="middle" style="white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; padding-left: 0.0px">
          <b>September 30, 2017</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="middle" style="white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; padding-left: 0.0px">
          September 30, 2016
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="middle" style="white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: left; border-bottom-color: black; padding-left: 0.0px">
          <b>September 30, 2017</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="middle" style="white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-right: 0.0px; text-align: center; border-bottom-color: black; padding-left: 0.0px">
          September 30, 2016
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; padding-left: 0.0px">
          <b>PRODUCTION</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Increase/</b><br><b>(Decrease)</b>
          </p>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; border-bottom-color: black; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Increase/</b><br><b>(Decrease)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Silver</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>3,323,157 oz.</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          4,316,664 oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(23)%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>9,500,074 oz.</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          13,200,766 oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(28)%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Gold</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>63,046 oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          52,126 oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>171,721 oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          170,780 oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>1%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Lead<sup>1</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>5,368 tons</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          10,411 tons
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>18,426 tons</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          31,840 tons
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(42)%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Zinc</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>14,498 tons</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          14,824 tons
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>43,002 tons</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          50,321 tons
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(15)%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Greens Creek</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>2,344,315 silver oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          2,445,328 silver oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>6,205,677 silver oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          7,020,688 silver oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(12)%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Greens Creek</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>12,563 gold oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          11,988 gold oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>39,290 gold oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          39,497 gold oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(1)%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Lucky Friday<sup>1</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>88,298 silver oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          887,365 silver oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(90)%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>769,079 silver oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          2,721,991 silver oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(72)%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Casa Berardi<sup>2</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>44,141 gold oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          31,949 gold oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>38%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>113,209 gold oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          104,282 gold oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>9%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>San Sebastian</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>880,885 silver oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          975,610 silver oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>2,498,638 silver oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          3,434,052 silver oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(27)%</b>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>San Sebastian</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>6,342 gold oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          8,189 gold oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(23)%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          <b>19,222 gold oz.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="middle" style="text-align: right; padding-left: 0.0px">
          27,000 gold oz.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          <b>(29)%</b>
        </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>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman; width: 100%">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Union workers at Lucky Friday have been on strike since March 13,
          2017. Limited production being carried out by supervisory staff.
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (2)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Casa Berardi also produced 9,659 ounces of silver in the third
          quarter 2017 and 8,361 ounces of silver for third quarter 2016.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Hecla expects to report third quarter 2017 financial results on November
      7, 2017.
    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

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

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

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

        </div>
      </div>
    </div>
    <p>
      <b>ABOUT HECLA</b>
    </p>
    <p>
      Founded in 1891,<b> </b>Hecla Mining Company (NYSE:HL) is a leading
      low-cost U.S. silver producer with operating mines in Alaska, Idaho and
      Mexico, and is a growing gold producer with an operating mine in Quebec,
      Canada. The Company also has exploration and pre-development properties
      in seven world-class silver and gold mining districts in the U.S.,
      Canada, and Mexico, and an exploration office and investments in
      early-stage silver exploration projects in Canada.
    </p>
    <p>
      <b>Cautionary Statements Regarding Preliminary Results</b>
    </p>
    <p>
      All measures of the Company&#8217;s third quarter of 2017 operating and
      financial results contained in this news release, including cash, cash
      equivalents and short-term investments, are preliminary and reflect the
      Company&#8217;s expected third quarter 2017 results as of the date of this
      news release. Actual reported third quarter 2017 results are subject to
      management&#8217;s final review as well as review by the Company&#8217;s independent
      registered public accounting firm and may vary significantly from those
      expectations because of a number of factors, including, without
      limitation, additional or revised information and changes in accounting
      standards or policies or in how those standards are applied.
    </p>
    <p>
      <b>Cautionary Statements Regarding Forward-Looking Statements</b>
    </p>
    <p>
      Statements made or information provided in this news release that are
      not historical facts are &#8220;forward-looking statements&#8221; within the meaning
      of the Private Securities Litigation Reform Act of 1995 and
      &#8220;forward-looking information&#8221; within the meaning of Canadian securities
      laws. Words such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221;
      &#8220;projects,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;targets,&#8221; &#8220;anticipates&#8221; and
      similar expressions are used to identify these forward-looking
      statements. Such forward-looking statements or forward-looking
      information include statements or information regarding estimates of
      silver production for the third quarter of 2017 on a consolidated basis
      and at each of the Greens Creek, Lucky Friday and San Sebastian mines,
      and third quarter 2017 gold production at Casa Berardi. The material
      factors or assumptions used to develop such forward-looking statements
      or forward-looking information include that the Company&#8217;s plans for
      development and production will proceed as expected and will not require
      revision as a result of risks or uncertainties, whether known, unknown
      or unanticipated, to which the Company&#8217;s operations are subject.
    </p>
    <p>
      Forward-looking statements involve a number of risks and uncertainties
      that could cause actual results to differ materially from those
      projected, anticipated, expected or implied. These risks and
      uncertainties include, but are not limited to, metals price volatility,
      volatility of metals production and costs, litigation, regulatory and
      environmental risks, operating risks, project development risks,
      political risks, labor issues, ability to raise financing and
      exploration risks and results. Refer to the Company&#8217;s Form&#160;10K and 10-Q
      reports for a more detailed discussion of factors that may impact
      expected future results. The Company undertakes no obligation and has no
      intention of updating forward-looking statements other than as may be
      required by law.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Hecla Mining Company<br>Mike Westerlund, 800-HECLA91
      (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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