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United States

Lucky Friday Mine

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Mine TypeUnderground
  • Silver
  • Lead
  • Zinc
Mining Method
  • Mechanized Cut & Fill
  • Overhand Cut & Fill
  • Underhand Cut & Fill
  • Underhand Closed Bench (UCB)
Backfill type
  • Cemented paste backfill
Shaft Depth 2,627 m
Production Start1958
Mine Life2042
SnapshotAt the Lucky Friday mine Hecla Mining primarily uses Underhand Closed Bench mining method. This method is a new and patented productive mining method developed by Hecla for proactive control of fault-slip seismicity in deep, high-stress, narrow-vein mining.

During August 2023, the production at the mine was suspended due to a fire that occured while repairing an unused station in the #2 ventilation shaf. On January 9, 2024, production was resumed.


Hecla Mining Company 100 % Indirect
The Lucky Friday mine is 100% owned by Hecla Mining Company through subsidiaries Hecla Limited and Silver Hunter Mining Company.

The Lucky Friday Expansion Area (formerly known as the Gold Hunter vein system) is owned 81.5% by Hecla Limited and 18.5% by Silver Hunter Mining Company (Silver Hunter). Both companies are subsidiaries of Hecla.

Hecla controls 100% of the Lucky Friday Expansion Area.


ContractorContractDescriptionRef. DateSource
Avista Utilities Power supply Power is supplied to an on-site substation by Avista Utilities at 115 kVA. Peak electrical demand is approximately 11 MVA, with on average of 80% used underground, and the remaining 20% on surface. Underground power is supplied at 13.8 kVA cable in the Silver Shaft. Feb 21, 2022

Deposit type

  • Vein / narrow vein
  • Mesothermal


The deposits of the Coeur d’Alene District, including Lucky Friday, are classified by Beaudoin and Sangster (1996) as clastic metasediment-hosted vein silver-lead-zinc deposits. In addition to Coeur d’Alene, the world’s most prolific silver district, this deposit type embraces a number of historical mining localities including the Harz Mountains and Freiberg in Germany, Keno Hill and Kokanee Range in Canada, and Príbram in the Czech Republic. They are typified by the following general characteristics:
- Hosted in thick, monotonous sequences of fine- to medium-grained clastic sedimentary rocks transected by deep-seated regional-scale faulting;
- Sedimentary basins occur in a wide range of tectonic environments, but all have been subject to deformation, intrusion, and regional metamorphism, typically greenschist facies;
- Economic minerals are predominantly galena and sphalerite with minor accessory pyrite and a wide range of sulphosalt minerals including tetrahedrite, pyrargyrite, stephanite, bournonite, acanthite, and native silver;
- Gangue minerals typically comprise siderite and quartz with lesser amounts of dolomite or calcite;
- Comparatively low gold content;
- Temperature of sulphide mineral deposition in the range of 250°C to 300°C;
- Hydrothermal alteration constrained to a few metres of the veins and characterized by sericite, silicification, and pyrite.

The signature for all economic deposits discovered within the Coeur d’Alene District is vein-like morphology hosted within the meta-sediments of the Belt Super Group. In the Lucky Friday Complex, as well as other sub-districts in the Coeur d’Alene District, veins occur as branching fissures that cross-cut or invade the sedimentary bedding or host rocks. Previous studies have indicated the veins are mesothermal origin (Leach, 1982). The vein structures are known to branch, split or bifurcate, forming duplexing and anastomosing geometries. The majority of veins strike west-northwest, are steeply- dipping, elongated down-dip and can have strike lengths over 4,000 ft and dip lengths over 8,000 ft (Hobbs et al., 1965).

The Lucky Friday deposits are fissure-hosted silver-lead-zinc veins typical of the Coeur d’Alene District. Principal vein systems are the Lucky Friday and Gold HunterVeins. Economic mineralization consists of silver-bearing galena and tetrahedrite, with relatively minor amounts of sphalerite and chalcopyrite. These minerals occur in veins, fracture-fillings, and disseminations along with accessory pyrite and a gangue of iron carbonate (siderite), calcite, and quartz. Mineralization is strongly structurally controlled with a significant influence from the competency of the wall rocks. Ore bodies are best developed where faults and fractures intersect more siliceous and competent lithologies, and are less likely to occur in the comparatively incompetent argillites.

Lucky Friday Vein
Wall rock alteration consists of a weak carbonate zonation. Calcite dominates in areas distal to the mineralization that gives way to ankerite as the vein is approached and then is altered to siderite closer to the vein system. The geometry of this alteration depends upon wall rock porosity and permeability. Iron and magnesium in fluids flowing out from the vein systems altered the original calcite. Some host rocks contain dolomite, which compromises the alteration pattern. This alteration can be seen for distances of more than 300 ft from vein systems depending upon bedding orientations to the vein source. Additionally, disseminations of sulfide extend some distance into host stratigraphy. This sulfide material usually consists of galena, sphalerite, and tetrahedrite.

The Lucky Friday Vein has an economic strike length of up to 1,500 ft. The vein is a high-angle south-southeast dipping vein that varies from inches to as much as 20 ft in width. The average varies from four to six ft over the full economic length.

The source for this mineralization is current unclear. The Lucky Friday Vein is connected with the NCF and SCF, which are mineralized locally. These may have been the major structural controls, enabling mineralizing fluids to flow into the host fissure, which eventually became the vein.

The vein consists of both gangue and sulfide mineralization. It contains quartz and siderite with lesser amounts of pyrite and arsenopyrite. Ore minerals include argentiferous galena, sphalerite, and local tetrahedrite.

Mineral textures vary. Gangue minerals are often cataclastic for quartz and siderite with milling evidenced by rounded mineral grains. Quartz and siderite “eyes” are common in Lucky Friday ores. Sulfide textures vary from very fine-grained to coarse-crystalline.

A simplified paragenesis begins with early quartz carbonate, plus or minus sericite and pyrite, followed by sphalerite, and then by tetrahedrite and argentiferous galena.

Gold Hunter Vein System
Gold Hunter historic mining extending from the surface at +4,700 ft MSL elevation to the 4900 level at -1,510 ft MSL elevation demonstrates grade trends and variability. The vein zones are stacked and parallel to sub-parallel with often ill-defined mineralized lenses. The historic surface mining had bulk resource grades of 4.1oz/ton Ag and 3.9% Pb in three main lenses. On the 4050 level at the -675 ft MSL elevation there were five lenses at a bulk grade of 9.1 oz/ton Ag, 4.1% Pb, and 1.3%Zn. At 4900 level (-1,510 MSL) there are ten lenses at a bulk grade of 9.6 oz/ton Ag, 5.4% Pb, and 2.3% Zn.

Mine geologists report that silver, lead, and zinc bulk grades generally increase with depth. Lead and zinc content increases slightly relative to silver.

There are currently 101 definable, parallel veins identified in the Gold Hunter system. These vary in width and grade with the most productive being the 30-Vein. This vein has the greatest value, width, and economic length when compared to the other Gold Hunter veins. The 30-Vein averages more than four ft in width as a composite of closely spaced veins and veinlets. It strikes N83W and dips 80°S to vertically. The economic vein length is approximately 2,300 ft. This vein has yielded a significant percentage of total Lucky Friday Unit production since 1997 and has been largely mined out down to approximately 6000 level. The other “Intermediate” veins have shorter strike lengths and generally narrower widths. The distribution of silver, lead, and zinc varies randomly for each vein. Production from Intermediateveins is in the LOM plan and is anticipated to contribute proportionally more to the overall mill feed as time progresses.

As with Lucky Friday, the source of the Gold Hunter mineralization is not fully understood. The Gold Hunter zone’s downward projection eventually reaches an intersection with the Independence Fault, which hosted the Star Mine mineralization. Lucky Friday geologists consider that this fault may be the source structure for the Gold Hunter mineralization, forming a conduit whereby fluids moved along reactivated axial plane cleavage to form the deposit.

Individual vein constituents vary but a typical vein contains quartz and siderite with lesser amounts of pyrite and barite. Ore minerals include argentiferous galena, sphalerite, and local tetrahedrite. There are also minor amounts of other sulfosalts, including pyrargyrite (ruby silver), bournonite, and boulangerite.

Mineral textures vary. Gangue mineral textures are often cataclastic for siderite and local quartz. Sulfide textures vary from locally coarse crystalline galena to fine-grained steel galena. Very fine-grained sheared galena is observed to be more silver-rich that coarser-grained variants. Sphalerite textures range from medium crystalline to fine-grained and is generally lower in iron content relative to the Lucky Friday Mine sphalerite.

Reserves at December 31, 2023

The reserve NSR cut-off values for Lucky Friday are $241.34/ton for the 30 Vein and $268.67/ton for the Intermediate Veins.

The resource NSR cut-off values for Lucky Friday are $200.57/ton for the 30 Vein, $227.90/ton for the Intermediate Veins and $198.48/ton for the Lucky Friday Veins.
CategoryTonnage CommodityGradeContained Metal
Proven & Probable 6,265 k tons Silver 12.5 oz/ton 78,006 koz
Proven & Probable 6,265 k tons Lead 7.9 % 492,400 tons
Proven & Probable 6,265 k tons Zinc 3.7 % 229,380 tons
Measured & Indicated 6,337 k tons Silver 8.3 oz/ton 53,921 koz
Measured & Indicated 6,337 k tons Lead 5.8 % 359,560 tons
Measured & Indicated 6,337 k tons Zinc 2.7 % 173,330 tons
Inferred 3,600 k tons Silver 7.8 oz/ton 27,934 koz
Inferred 3,600 k tons Lead 5.9 % 211,340 tons
Inferred 3,600 k tons Zinc 2.8 % 100,630 tons

Mining Methods

  • Mechanized Cut & Fill
  • Overhand Cut & Fill
  • Underhand Cut & Fill
  • Underhand Closed Bench (UCB)


The Lucky Friday operation is a deep, narrow vein, mine which commenced operations in 1942. Operations were on care and maintenance due to a strike from 2017 to January 2020, at which time operations resumed. The operation produces silver contained in silver and zinc concentrates.

Mining methods used at Lucky Friday include underhand closed benching (UCB), and overhand or underhand mechanized cut and fill (LFUF) using mechanized mining equipment. Stopes are back filled with cemented paste fill from the process plant tailings. Mine operations are currently close to 6,500 ft below surface and the mine will continue to below the 8,000 ft level in the current long-range plan.

Underhand Closed bench (UCB)
The UCB method is a new and patented productive mining method developed by Hecla for proactive control of fault-slip seismicity in deep, high-stress, narrow-vein mining. The method uses bench drilling and blasting methods to fragment significant vertical and lateral extents of the vein beneath a top cut taken along the strike of the vein and under engineered backfill. The method is accomplished without the use of drop raises or lower mucking drives which may result in local stress concentrations and increased exposure to seismic events. Large blasts using up to 35,000 lbs. of pumped emulsion and programmable electronic detonators fragment up to 350 feet of strike length to a depth of approximately 30 feet. These large blasts proactively induce fault-slip seismicity at the time of the blast and shortly after it. This blasted corridor is then mined underhand for two cuts. As these cuts are mined, little to no blasting is done to advance them. Dilution is controlled by supporting the hanging wall and footwall as the mining progresses through the blasted ore. The entire cycle repeats and stoping advances downdip, under fill, and in a destressed zone. The method allows for greater control of fault-slip seismic events significantly improving safety. In conjunction, a notable productivity increase has been achieved by reducing seismic delays and utilizing bulk mining activities.

In 2023, 2022 and 2021, 87%, 88% and 86%, respectively of the tons mined were produced through the UCB method. The underhand cut and fill method was also utilized in 2023, 2022 and 2021. Under this method, once a cut is taken along the strike of the vein, it is backfilled with cemented tailings and the next cut is accessed below from the ramp system. Both methods utilize rubber-tired equipment to access the veins through ramps developed outside of the ore body.

Underhand Cut and Fill (LFUL)
In cut and fill mining, levels are typically spaced at 50 ft vertical centres. The vein is accessed through a single slot drive driven roughly perpendicular to the vein strike. Once the slot drive is driven across the vein an ore drive is driven in both directions along the vein until either backfill from an adjacent stope is encountered or the vein becomes uneconomic.

Cut and fill drives are developed using conventional drill and blast techniques, with single boom jumbos drilling 8 ft rounds. Material is removed with loaders to muck bays and eventually to trucks to report to shaft pockets. Ground support is installed after each round according to standards in the ground control management plan. Each stope round is mapped and sampled by the geology department, and a projection-map is developed from the collected data and used to guide the next cut’s extraction.

In the overhand cut and fill technique the slot drive and first cut commence on the bottom and progress upward, such that equipment and personnel work on top of backfill. Conversely, in the more commonly used underhand technique, mining progresses downwards, such that equipment and personnel work on unbroken rock, and cemented backfill and the previous cut horizon is overhead. Typically, five cuts are taking from a single sublevel.

All cuts are backfilled with cemented paste fill. Prior to paste backfilling a 1.5 ft bed of broken ore material is emplaced to prevent the backfill from being damaged during blasting of the subsequent lift below. Additionally, vertical rebar bolts are placed in the bedded material in a regular pattern such that plates and nuts can be attached to the bolt ends when exposed during the next development sequence. In this manner the backfill exposed overhead is always fully supported.

The geometry and thickness of the vein being mined, as well as equipment being used, dictates the cut-and-fill stope widths. The Intermediate Veins are typically narrow and mined with 1 yd3 loaders and single boom jumbos, which can effectively mine to a minimum mining thickness of 6.5 ft. In thicker veins where 2 yd3 loaders are used the minimum mining thickness is 8.0 ft.

Underground Mine Access and Layout
The Lucky Friday mine operation has been designed and constructed to target two broad vein systems: the Lucky Friday and Gold Hunter Veins. The Lucky Friday Vein was actively mined until 2001, is now inactive, and contains infrastructure critical to the active Gold Hunter area. Mining is underway or planned in the 30, 50, 60, 70, 80, 90, and 110 Veins of the Gold Hunter deposit. The 30 Vein is the largest single vein and the source of the majority of the production.

Access to all underground workings is via the 6,205 ft deep Silver Shaft. The Silver Shaft is near the idle Lucky Friday vein system and 5,000 ft south-southeast of the Gold Hunter system. The 18 ft diameter, concrete lined, circular, two-compartment shaft has a hoisting capacity of 12 tons per skip.

Shaft stations are developed on 200 ft centers beginning on the 4900 level. Broken material reports to the Silver Shaft through level pockets and transfers to the 5370 and 5970 loading pockets.

The No. 2 shaft is the 5,489 ft deep, three compartment (four compartment at lower levels) shaft used for man hoisting, supplies, and ventilation.

Access to Gold Hunter is through the 4900 and 5900 level main haulage levels and 4050 access level. Two interlevel ramps connect the 4900 level and 5900 level and three ramps are being developed between the 5900 level and the 6500 level. Below the 6500 level, only two ramps will continue to the 7500 level. The No. 4 Shaft is a 4,800 ft winze with hoistroom located at the 4760 level and bottom at 8620 level.

The No. 4 Shaft provides access to deep-seated portions of the Gold Hunter vein system. Construction commenced in 2010 and was completed in 2016.

All mine development is completed using conventional drill and blast mining techniques. Ramps and sublevels are driven at nominally 12 ft wide by 14 ft high and drilled using single boom or two boom jumbos. Ramps are typically located in the footwall with swinging-ramp crosscuts driven into the vein to access the ore. Level spacing depends on vein size and geometry, but typically four to five stope cuts are taken from each sublevel.


Crushers and Mills

Jaw crusher Kue Ken 20" x 36" 1
Cone crusher Symons 3' 2
Ball mill 9.5' x 12' 600 HP 1


Run of mine (ROM) ore discharges from the ore skips in Lucky Friday Silver shaft into one of two coarse ore bins with capacities of 400 tons and 800 tons. The ore is drawn from the bottom of the bins using variable speed pan feeders and a belt scale is used to control the feed rate to the crushing circuit. Coarse ore is crushed in a three stage crushing plant consisting of a primary jaw crusher, a secondary standard cone crusher and tertiary short head cone crusher with a triple deck screen to close the crushing circuit. Crushing circuit operating time averages approximately 50% with an average throughput rate of 80 tons to 85 tons per operating hour.

The primary crusher, a 20 in X 36 in Kue Ken jaw crusher, reduces ROM ore from minus 12 in. to P100 3 in. Primary crushed ore is delivered to a 5 ft x 12 ft triple deck vibrating screen for sizing. Top deck oversize material is conveyed to the secondary 3 ft Simons standard cone crusher and reduced to P100 1 in. A magnet removes metal from the secondary cone crusher feed to prevent damage to the crusher. The oversized material from both the middle and bottom deck of the triple deck screen is conveyed to a 3 ft Simons short head cone crusher. A second magnet prevents metal from entering the short head crusher. Both the standard and short head crusher discharges returns to the triple deck screen to be reclassified. Triple deck screen undersize material with a P100 3/8 in. is conveyed to a 400 ton fine ore storage bin. Dust from the crushing area is collected through dust extraction ducts feeding a bag house dust collector.

Material from the fine ore bin is discharged by two hydraulic feeders. A 12 hour shift composite feed sample is collected from a conveyor transfer point using primary and secondary automatic sample cutters. The material feed rate to the ball mill is measured by a belt scale. Fine ore, reagents, cyclone underflow, and water feed the ball mill. Overall mill operating time averages 92% and from 2007 to 2013 the average annual mill feed rate ranged from 40.0 stph to 43.6 stph. Operating performance continued in the 37 stph to 44 stph range from 2016 through 2021.

The ore is ground in one 9.5 ft diameter x 12 ft effective grinding length (EGL) ball mill driven by a 600 hp motor. Water, collector, and frother are added to the ball mill discharge slurry in the flash flotation cell feed pump box and then pumped to an SK-240 lead flash flotation unit cell.


  • Vacuum filtration
  • Dry Screening
  • Crush & Screen plant
  • Column flotation
  • Flotation
  • Dewatering


The Lucky Friday mill is a conventional silver and zinc flotation concentrator. The mill operates at a nominal 42 stph and can be operated at rates of up to 54 stph for limited periods. Silver concentrate and zinc concentrate are produced. Concentrates are shipped by highway trucks to the Tecksmelter at Trail, British Columbia, Canada.

The primary unit operations in the Lucky Friday concentrator include:
- Primary jaw crushing;
- Secondary cone crushing;
- Tertiary cone crushing;
- Triple deck screen closing both secondary and tertiary crushing circuits;
- Ball milling;
- Lead flash flotation with concentrate reporting to silver concentrate thickener;
- Hydrocyclone classification;
- Lead rougher and scavenger flotation in conventional cells;
- Lead rougher scavenger concentrate to lead rougher feed;
- Lead rougher scavenger tailings to zinc conditioners;
- Lead rougher concentrate cleaning and recleaning using column flotation cells;
- Lead cleaner scavenger flotation of cleaner tailings in conventional cells followed by column cells;
- Lead cleaner scavenger and cleaner scavenger column tailings to regrind milling;
- Regrind milling closed with hydrocyclones
- Flash flotation, second cleaner column flotation and cleaner scavenger column flotation concentrates to silver concentrate thickener;
- Zinc conditioning in mixed reactors;
- Zinc flash flotation;
- Zinc rougher and scavenger flotation in conventional cells;
- Zinc rougher scavenger tailings to final tailings sump feeding sand plant;
- Zinc rougher scavenger concentrate to zinc conditioning;
- Zinc rougher concentrate cleaning and recleaning using column flotation cells;
- Zinc cleaner scavenger flotation of cleaner tailings in conventional cells followed by column cells;
- Zinc cleaner scavenger and cleaner scavenger column tailings to zinc rougher flotation;
- Flash flotation, second cleaner column flotation and cleaner scavenger column flotation concentrates to silver concentrate thickener;
- Lead and zinc concentrate thickening and filtration and concentrate storage;
- Flotation tailings hydrocyclone classification, thickening and filtration of coarse sand;
- Coarse sand stockpiled and delivered to mine backfill cement plant;
- Sand thickener overflow to final tailings thickener;
- Tailings thickener overflow to water treatment and process water tank;
- Tailings thickener underflow to the tailings storage facility (TSF).

Mine ore discharges from the Silver Shaft skips into two coarse ore bins with a total live capacity of approximately 1,000 tons. Ore is crushed in three stages to 100%passing (P100) 3/8 in. using a primary jaw, secondary cone, and tertiary cone crushers closed by a triple deck vibrating screen.

The ore is ground in a single ball mill and discharges to the flash flotation feed pump box where reagents are added. The slurry is pumped to a flash flotation cell to recover coarse lead and silver from the mill circulating load. Flash cell concentrate is final silver concentrate grade and flash cell underflow is pumped to a cyclone cluster for classification. The cyclone underflow returns to the mill and the cyclone overflow advances to lead rougher flotation.

The lead flotation circuit consists of conventional agitated flotation cells for rougher and rougher scavenger flotation, column flotation cells for lead cleaning, and a combination of conventional and column cells for lead cleaner scavenger flotation. Lead flash flotation, lead second cleaner, and lead cleaner scavenger concentrates report to the silver concentrate thickener. Lead cleaner scavenger tailings are reground and pumped to the lead cleaner scavenger column cell.

Lead rougher scavenger tailings report to the zinc conditioners and then to zinc rougher scavenger flotation. The zinc flotation circuit configuration is similar to the lead circuit, with conventional agitated flotation cells for rougher and rougher scavenger flotation, column flotation cells for zinc cleaning and a combination of conventional and column cells for zinc cleaner scavenger flotation. Zinc second cleaner and zinc cleaner scavenger concentrates report to the zinc concentrate thickener. Zinc rougher scavenger tailings are pumped to the final tailings sump and zinc rougher scavenger concentrate is recycled to the zinc conditioners.

Silver and zinc concentrates are thickened, filtered, and stockpiled in storage bunkers, then loaded into trucks and shipped to a smelter.

The flotation tailings are classified with hydrocyclones. The cyclone underflow slurry reports to the sand thickener and the thickener underflow sands are filtered and transported to the backfill cement plant for underground backfill. Sand thickener overflow is pumped to the tailings thickener. Thickener overflow is pumped to thewater treatment plant for recycle as process water or for discharge and the underflow is pumped to a TSF where the solids settle out of the tailings slurry and clear wateris treated and discharged.

Recoveries & Grades:

Silver Recovery Rate, % 969595969491969595
Silver Head Grade, g/t 480.05445.76399.12406.32405.64369.64424.5435.13366.21
Lead Recovery Rate, % 959595959191959694
Lead Head Grade, %
Zinc Recovery Rate, % 858890918593939492
Zinc Head Grade, %

Water Supply


The Lucky Friday operation uses approximately 450 gpm of water which is fully supplied by a year round spring located above the mine site.

Water Systems
Make up water used in the process can be from the mine, reclaim water from the MTIS, or tailing thickener overflow depending on availability and system requirements. Lead and zinc concentrate thickener overflow are used as launder spray water for the respective system.

Excess water from the process or the MTIS is treated in one of two water treatment plants.


In 2023 the Lucky Friday was suspended for five months due to a fire.
Silver Metal in concentrate koz 5,000-5,300 ^3,0864,4133,5642,0326331698393,5963,028
Silver Equivalent Metal in concentrate M oz 9.5-10 ^
Lead Metal in concentrate tons 19,54329,23323,13712,7274,0981,1314,73721,87618,348
Zinc Metal in concentrate tons 6,16012,4369,9696,2982,0526732,5608,9858,139
Silver Concentrate kt 34195.81.6
Zinc Concentrate kt
^ Guidance / Forecast.

Operational metrics

Daily milling rate 1,056 tons978 tons882 tons812 tons803 tons815 tons
Daily milling capacity 1,165 tons1,165 tons1,000 tons1,000 tons1,000 tons1,000 tons1,000 tons1,000 tons1,000 tons
Tonnes milled 231,129 tons356,907 tons321,837 tons179,208 tons57,091 tons17,309 tons70,718 tons293,875 tons297,347 tons

Production Costs

Cash costs Silver USD 21.3 / oz ^   21.5 / oz   23.2 / oz   24.1 / oz   24.6 / oz   22.8 / oz  
Credits (by-product) Silver USD -15.94 / oz   -18.17 / oz   -17.52 / oz   -15.29 / oz   -17.02 / oz  
Cash costs Silver USD 2.75 / oz ^ **   5.51 / oz **   5.06 / oz **   6.6 / oz **   9.34 / oz **   5.81 / oz **  
All-in sustaining costs (AISC) Silver USD 28.2 / oz   31 / oz   31.9 / oz   33.5 / oz   29.5 / oz  
All-in sustaining costs (AISC) Silver USD 11.4 / oz ^ **   12.2 / oz **   12.9 / oz **   14.3 / oz **   18.2 / oz **   12.5 / oz **  
^ Guidance / Forecast.
** Net of By-Product.

Operating Costs

UG mining costs ($/t milled) USD 78.3  96.8  89  
Processing costs ($/t milled) USD 13.5  19.7  21.8  
Total operating costs ($/t milled) USD 198.17  202.8  173.73  228.15  


Capital expenditures (planned) M USD 47.5  
Sustaining costs M USD 39  33.3  26.5  7.2  
Capital expenditures M USD 65.3  51  29.9  25.7   7.9   14.2   6.3  
Revenue M USD 116.3  147.8  131.5  63   16.6   9.8   21.6  
Operating Income M USD 4.8  27.6  31.7  -1.7   -12.5   -20.2   -16  
Gross profit M USD 32.1  31.2  34  6.3   6.4  
Operating Cash Flow M USD 57.6  37.8  62.6  -0.9  
Book Value M USD 562.3  521.5  498.6  495.6   437.7   435.6   429.2  

Heavy Mobile Equipment

Ref. Date: December 31, 2021

HME TypeModelSizeQuantityStatus
Bolter Epiroc 1 Existing
Bolter Sandvik DS310 1 Existing
Drill Epiroc 1 Existing
Drill 4 Existing
Drill Sandvik DD-210V 4 Existing
Load-Haul-Dump (LHD) Caterpillar R1300G 3.5 cu. yd 3 Required
Load-Haul-Dump (LHD) Caterpillar R1600 2 Required
Load-Haul-Dump (LHD) 2 cu. yd 8 Existing
Load-Haul-Dump (LHD) Caterpillar R1300G 3.5 cu. yd 5 Existing
Load-Haul-Dump (LHD) JCI 6 Existing
Shotcreter Normet 1 Existing
Trans Mixer Normet 3 Existing
Truck (haul) Atlas Copco 20 t 7 Existing


Mine Management

Job TitleNameProfileRef. Date
Chief Engineer Wes Johnson LinkedIn Feb 26, 2024
Chief Mining Engineer Doug Bayer LinkedIn Feb 26, 2024
Director Technical Services Matt Blattman LinkedIn Feb 26, 2024
Operations Manager Chris Neville LinkedIn Feb 26, 2024
Project Manager Denver Winslow LinkedIn Feb 26, 2024
Technical Services Manager Bryan M. LinkedIn Feb 26, 2024

386 2023
383 2022
353 2021
327 2020
271 2019
287 2018
299 2017
310 2016
318 2015

Aerial view:


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