Hecla Mining — Jan 26, 2026 release

● Investment in exploration and pre-development of $55 million in 2026, a record high for the Company, nearly double the investment during 2025. ● Expected to maintain strong silver margins with guidance for consolidated silver total cost of sales of $471 million, with silver cash costs of ($1.50)-($1.25) per ounce and AISC of $15.00-$16.25 per ounce (both after by-product credits). With robust metal prices to start the year, potential exists to beat this cost guidance if current prices persist as guidance is based off by-product price assumptions below current spot prices. 1,2 ● Total capital investment (sustaining and growth) guided to $255-$279 million in 2026, expected to be up modestly from prior year.   “Our 2025 results demonstrate operational excellence, with 17.0 million ounces of silver production and every primary silver operation meeting or exceeding guidance. We're now accelerating investments in our future—nearly doubling our investment in exploration and pre-development to a record $55 million—while maintaining the financial discipline that positions us to generate substantial free cash flow. This is how North America's premier silver producer creates long-term shareholder value,” said Rob Krcmarov, President and CEO.   OPERATIONS   Greens Creek Greens Creek produced 8.7 million ounces of silver and 59,349 ounces of gold in 2025, an increase of 3% and 7% respectively compare