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Friday, September 12, 2014
Hecla strikes gold....errrr...Silver :)
Hecla Mining (NYSE:HL) just announced results from its exploration drilling program on the North and Middle Veins at its San Sebastian property in Durango, Mexico. What is important to remember is that over the last year, the focus of the drilling program has been on targets close to the surface of the Middle and North Veins. The two veins are parallel and located 140 meters apart. The Middle Vein has been intersected by 197 holes and 38 surface trenches and can be traced for nearly two kilometers along strike and to a depth of over 300 meters. The big takeaway is that the upper portion of the Middle Vein contains high-grade mineralization close to the surface that may be suitable to open pit mining. Drill results in the second and third quarters were extremely positive and....READ FULL ARTICLE
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