Hecla Announces Mine Plan Acceptance

COEUR DALENE, ID - Hecla Mining Company reported that it has been notified by its banking group the mine plan is satisfactory. Accepting the mine plan confirms the bridge loan maturity date of February 16, 2009. The loan was part of the financing obtained to purchase the remaining 70.27% of the Greens Creek joint venture in April 2008.
Hecla Mining Company, mines, processes and explores for silver and gold in the United States and Mexico. A 117-year-old company, Hecla has long been well known in the mining world and financial markets as a quality producer of silver and gold. Hecla's common and preferred shares are traded on the New York Stock Exchange under the symbols "HL," "HL-PrB" and "HL-PrC."
The company's address is 6500 N. Mineral Drive, Suite 200, Coeur d'Alene, ID 83815, 208.769.4100, fax: 208.769.7612, [email protected].