Hecla Mining — Aug 4, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-333077
Showing in the filing
Nevada exploration investment
“$16 million”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 39
Consolidated silver production for FY2026
“15.1-16.1 million ounces”
Total Silver Production (Moz) for FY2026
“15.1 - 16.1”
Nevada exploration investment for FY2026
“$16 million”
Greens Creek silver production for FY2026
“8.0-8.3 million ounces”
Lucky Friday silver production for FY2026
“4.9-5.2 million ounces”
Keno Hill silver production for FY2026
“2.2-2.6 million ounces”
Greens Creek gold production for FY2026
“51.0-55.0 koz”
Total Gold Production (Koz) for FY2026
“51.0 - 55.0”
Total Silver AISC, after by-product credits,… for FY2026
“$12.50 - $13.50”
Greens Creek costs applicable to sales (excl… for FY2026
“$240 million”
Lucky Friday costs applicable to sales (excl… for FY2026
“$139 million”
Lucky Friday AISC (after by-product credits)… for FY2026
“$24.50-$26.00”
Total capital (growth and sustaining) invest… for FY2026
“$208-$223 million”
Gold price assumption
“$4,000/oz”
Silver price assumption
“$55.00/oz”
Zinc price assumption
“$1.40/lb”
Lead price assumption
“$0.85/lb”
Copper price assumption
“$4.00/lb”
Exchange rate (CAD/USD)
“1.35”
Greens Creek Silver Production (Moz) for FY2026
“8.0 - 8.3”
Lucky Friday Silver Production (Moz) for FY2026
“4.9 - 5.2”
Keno Hill Gold Production (Koz) for FY2026
“N/A”
Lucky Friday Gold Production (Koz) for FY2026
“N/A”
Keno Hill Silver Production (Moz) for FY2026
“2.2 - 2.6”
Greens Creek Costs applicable to sales (mill… for FY2026
“240”
Greens Creek cash cost per silver ounce (aft… for FY2026
“($12.50)-($12.00)”
Greens Creek AISC per silver ounce (after by… for FY2026
“($4.25)-($3.75)”
Lucky Friday Costs applicable to sales (mill… for FY2026
“140”
Lucky Friday cash cost (after by-product cre… for FY2026
“$9.00-$9.75”
Total Silver Costs applicable to sales (mill… for FY2026
“380”
Total Silver Cash cost, after by-product cre… for FY2026
“($4.00) - ($3.75)”
Total Capital Investment - Total for FY2026
“$208 - 223”
Total Capital Investment - Sustaining for FY2026
“$147 - 158”
Total Capital Investment - Growth for FY2026
“$61 - $65”
Greens Creek Capital Investment - Sustaining for FY2026
“61 - 65”
Lucky Friday Capital Investment - Sustaining for FY2026
“77 - 82”
Keno Hill Capital Investment - Growth for FY2026
“61 - 65”
Corporate Capital Investment - Sustaining for FY2026
“9 - 11”
Exploration and pre-development expenditures for FY2026
“$55 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
o Growth pipeline: Preliminary work on the Greens Creek pyrite concentrate circuit points to potential for incremental annual production of approximately 1.0 to 1.2 million ounces of silver and 10,000 to 15,000 ounces of gold once fully ramped up. Separately, the Greens Creek dry-stack tailings facility currently holds an estimated 51 million ounces of silver and 600 thousand ounces of gold. In Nevada, 2026 exploration investment guidance of $16 million is more than three times the 2025 level with expanded programs at Midas and new programs at Hollister and Aurora. See "Project Pipeline Update" section below for further details. o Exploration: As previously announced on July 29, 2026, drilling extended the high-grade Bermingham Deep trend at Keno Hill toward the historic Hector-Calumet Mine - a past-producer of approximately 96 million ounces of silver - now traceable over 800 feet of strike length. Separately, new high-grade vein discoveries were made at Midas in Nevada. Rob Krcmarov, President and Chief Executive Officer, said: “Our second quarter results reflect the strength of the platform we have built. We ended the quarter with the strongest balance sheet in the Company's history, and Lucky Friday delivered record quarterly silver production, underscoring the quality of our silver portfolio. I'm also encouraged by our strong safety performance across the operations, which remains a foundation of everything we do. At the same time, our organic project pipeline continues to advance, demonstrating real potential for meaningful value creation and further solidify Hecla's position as North America's premier silver producer."
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.