Hecla was originally incorporated in the state of Idaho in 1891, in 1898 in the state of Washington and then incorporated in the state of Delaware on March 21, 1983.

Hecla’s stock symbol is ‘HL’.  Hecla’s stock is listed on the New York Stock Exchange (NYSE), where it has been listed since 1964.

Silver production is estimated at 5.7 million ounces (without Greens Creek acquisition), and gold production is estimated at approximately 85,000 - 110,000 ounces.

Total cash costs for silver for 2007 were a negative $2.81 per ounce and $537 per ounce for gold.

By sales, revenue from our silver operations is higher than from our gold operations. Based on 2007, sales from silver operations were $153.7 million and sales from our gold operations were $68.9 million.

Gross profit from the silver segment for 2007 was $77.9 million, and the gold segment was $2.2 million.

Net income for 2007 was $53.2 million.  For the first three months of 2008, data will be available sometime in May 2008.

No.

No.

At December 31, 2007, there were 120.4 million common shares outstanding.

Yes, but not for many years.  Hecla’s stock split one-for-one in May 1968 and three-for-two in February 1981.  Details of each stock split are as follows:

Hecla has not paid a dividend on its common stock since December 1990. 

Hecla pays a $0.875 per share dividend on its Series B Cumulative Convertible Preferred Stock (HL-PrB) each quarter.  Dividends are typically paid to shareholders of the Series B Cumulative Convertible Preferred Stock on January 1, April 1, July 1 and October 1.  If you are a shareholder who has moved and you have not received your dividend payments, please contact Hecla’s transfer agent, American Stock Transfer & Trust Company at 800-937-5449.

Hecla does not administer a direct purchase plan or a direct reinvestment plan.  Shares can be purchased through a direct or online brokerage firm.

If your shares are held in a brokerage account, simply contact your broker and make your intent known.  The broker will sell the shares for you and place the proceeds, less commission, in your brokerage account.  To sell shares in certificate form, you must have an account with a broker.  You then physically sign the shares over to your broker.

Here is a list of all mergers and acquisitions of Hecla Mining Company, including the number of shares exchanged for each merged company for Hecla common stock:

Hecla sold its interest in the below-listed companies.  If you hold shares in any of these companies, please contact the below-listed individuals for information on your shares.

The state of incorporation should be on the front of the stock certificate.  Contact the Secretary of State (Corporation’s Division) for that state.  They should be able to give you information on that company.  You can also do searches through the Secretary of State’s website and find the information you need.

American Stock Transfer & Trust Company can provide account information to Hecla shareholders Monday through Friday 8:00 a.m. to 5:00 p.m. (ET) when they call 800-937-5449.  American Stock Transfer & Trust Company can also provide the following information:

Account Information
Account Balance
Statement of Certificate History
Instructions for Lost Certificates
Shareholder Change of Address

Transfer Instructions
Establishing a Beneficiary
From Individual into Joint Tenant
Removal of Joint Tenant
Establishing a Trust Account
Change of Owner’s Name
Establishing a Custodial Account

You may also visit American Stock Transfer & Trust Company’s website to review your account information.  Visit American Stock Transfer & Trust for more information.

If you are beneficial owner or a shareholder of record of Hecla common stock, you should receive the 2007 Hecla Annual Report in the mail by late April or early May 2008.

You may also access our 2007 Annual Report and Proxy Statement after March 30, 2008, by visiting our website www.hecla-mining.com and selecting Investor Relations.

Starting in January 2008, in accordance with rules and regulations recently adopted by the Securities and Exchange Commission, instead of mailing a printed copy of our proxy materials to each shareholder of record, we may now furnish proxy materials to our shareholders on the Internet.  We will also provide our 2008 Annual Report (the “Annual Report”) on the Internet.  If you receive a Notice Regarding the Availability of Proxy Matters (the “Notice”) by mail, you will not receive a printed copy of the proxy materials or our Annual Report by mail.  Instead, the Notice will instruct you as to how you may access and review all of the important information contained in the proxy materials and the Annual Report.  The Notice will also instruct you as to how you may submit your proxy on the Internet.  If you receive a Notice by mail and would like to receive a printed copy of our proxy materials and the Annual Report, not including a proxy card, you should follow the instructions for requesting such materials included in the Notice.

Our Annual Meeting of Shareholders for calendar year ended December 31, 2007, will be held on Friday, May 16, 2008.  It will be held at the Four Seasons Hotel, 791 West Georgia Street, Vancouver, British Columbia, Canada, at 10:30 a.m. Pacific Time. More information on our 2008 Annual Meeting will be sent to you in a Notice Regarding the Availability of Proxy Matters.  You can view Annual Meeting information here.

Broadridge Financial Services will begin mailing the Notice Regarding the Availability of Proxy Matters (the “Notice”) for Hecla’s next Annual Meeting of Shareholders in late March 2008.  Shareholders whose shares are kept in a brokerage account will receive Notices directly from their broker.

Additionally, a number of brokers and banks are participating in a program through Broadridge Financial Services that offers the means to receive shareholder material (Annual Report and Proxy Statements) and grant proxies to vote shares by means of the Internet.  If your shares are held in an account with a broker or bank participating in the Broadridge program you may use the following link to sign up for electronic delivery:  Open Enrollment.

Silver is a wonderfully useful and versatile metal used in photography, jewelry and silverware, and a variety of industrial uses (such as electronics, environmental, medical, superconductivity).  You may visit www.silverinstitute.org for more information on silver uses and the worldwide silver market.