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Room 99.1

HECLA ACHIEVES 2021 PRODUCTION ORIENTATIONS

Cash balance increased by $ 80 million in 2021

FOR IMMEDIATE RELEASE

January 13, 2022

COEUR D’ALENE, IDAHO – Hecla Mining Company (NYSE: HL) today announced its preliminary silver and gold production for the fourth quarter and fiscal 2021 and its year-end cash position.¹

STRONG POINTS

Annual

Quarterly (compared to 3^e Quarter 2021)

“All three mines recorded strong production with significant production growth at Lucky Friday and Casa Berardi,” said Hecla President and CEO Phillips S. Baker, Jr. “Lucky Friday increased production by 75% over the previous year, mainly because in 2021 the mine was in full production all year round. In the fourth quarter, the higher silver grades and the expected benefits of the new mining method generated a 15% increase over the third quarter. Investments in 2020 and 2021 enabled Casa Berardi to produce 11% more ounces of gold than in 2020 and 25% more than in the third quarter At Greens Creek, silver grades improved after resolving third quarter mine sequencing issues, resulting in fourth quarter production of 2.3 million ounces of silver and over 9 million ounces of silver. million ounces for the year.

Baker continued, “Even doubling our exploration spending from 2020 and further improving our silver dividend, our strong operating performance in 2021 resulted in an increase of $ 80 million in our cash balance. With a strong operational and financial year behind us, we plan to continue to capitalize on these achievements in 2022. ”

Stream of the Greens

At the Greens Creek mine in 2021, 9.2 million ounces of silver and 46,089 ounces of gold were produced. For the fourth quarter, 2.3 million ounces of silver and 10,229 ounces of gold were produced. Silver and gold production were 12% and 5% lower for the year, respectively, primarily due to lower grades and mine sequencing, partially offset by higher throughput from the factory. However, silver and gold production increased in the fourth quarter compared to the third quarter of 2021 by 23% and 5%, respectively, with the increase in silver mainly due to higher grades. The plant operated at an average of 2,307 tonnes per day (tpd) in 2021.

Casa Berardi

At the Casa Berardi mine, 134,510 and 37,266 ounces of gold were produced in 2021 and the fourth quarter, respectively, increases of 11% and 25% from 2020 and the third quarter of 2021, respectively. The plant operated at an average of 4,187 tpd in 2021, which was a record, with ore production starting from the new 160 pit in the fourth quarter of 2021.

Lucky friday

At the Lucky Friday mine, 3.6 million and nearly 1.0 million ounces of silver were produced in 2021 and the fourth quarter, respectively. Silver production increased from 2020 and the third quarter of 2021 by 75% and 15%, respectively. The increase for the year reflects a full year of production, after returning to full production in the fourth quarter of 2020. The increase for the fourth quarter over the third quarter is due to higher grades and an increase of machined tonnage. The plant operated at an average of 882 tpd, and about 86% of mine production for the year came from the new Underhand Closed Bench mining method.

Nevada operations

At the Nevada operations in 2021, production totaled 20,727 ounces of gold and 46,319 ounces of silver from remaining stored non-refractory materials, a bulk sample of refractory materials processed in a third-party roaster, and materials. additional refractories processed in a third-party autoclave. Mine and mill facilities have been placed under surveillance and maintenance as exploration on multiple targets and development of a decline in the Hatter Graben area at the Hollister mine continues. Underground exploration drilling from platforms available to Hollister began in the fourth quarter of 2021.

SUMMARY OF PRODUCTION

ABOUT HECLA

Founded in 1891, Hecla mining company (NYSE: HL) is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho and Quebec, Canada, the Company has a number of exploration and pre-development projects in world-class silver and gold mining districts in America. North.

Cautions Regarding Estimates and Forward-Looking Statements

All measures of the Company’s operating and financial results and conditions for the full year and the fourth quarter of 2021 contained in this press release are preliminary and reflect the expected results of the Company as of the date of this press release. Actual published results for the full year and fourth quarter 2021 are subject to final management review as well as review by the registered independent accounting firm of the Company and may differ materially from current expectations due to a number of factors, including, without limitation, additional or revised information and changes in accounting standards or policies or in the way in which such standards are applied.

Statements made or information provided in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of Canadian securities laws. movable. Words such as “may”, “will”, “should”, “expects”, “intends”, “projects”, “believes”, “estimates”, “targets”, “anticipates” and similar expressions are used to identify these forward-looking statements. The forward-looking statements contained in this press release may include, without limitation, the results of 2022 could be similar or superior to the results of 2021. Important factors or assumptions used in developing these forward-looking statements or forward-looking information include that the development plans and production operations will proceed as planned and will not require revision due to risks or uncertainties, whether known, unknown or unforeseen. , to which the operations of the Company are subject.

Forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, the volatility of metal prices, the volatility of production and costs of metals, litigation, regulatory and environmental risks, operational risks, development risks of projects, political risks, manpower issues, the ability to raise financing, and exploration and results risks. Refer to the Company’s Form 10-K and 10-Q reports for a more detailed discussion of factors that may affect expected future results. The Company assumes no obligation and does not intend to update any forward-looking statements other than those required by law.

For more information, please contact:

Russell lawlar

Senior Vice President – CFO and Treasurer

Jeanne Du Pont

Senior Communications Coordinator

800-HECLA91 (800-432-5291)

Investor Relations

Email: [email protected]

Website: www.hecla-mining.com