Directory

The Gryphon Summit Project is an exploration property located in Nevada, USA, covering over 12,000 hectares. It is at the Target Definition stage of exploration, showing potential for silver, lead, zinc, gold, copper, and critical metals mineralisation within carbonate replacement and epithermal gold systems.

The Kinskuch property is now part of Dolly Varden Silver Corporation's larger Kitsault Valley Project, located in the Golden Triangle of British Columbia. The acquisition in May 2025 increased the Kitsault Valley Project size to approximately 77,000 hectares. The property is considered prospective for silver, gold, and copper mineralization. A renewed five-year exploration permit is in place for the Kinskuch property, covering both Nisga'a and Gitanyow Traditional Lands.

The acquisition in May 2025 increased the Kitsault Valley Project size to approximately 77,000 hectares. Dolly Varden commenced a significant exploration program in 2025 for the broader Kitsault Valley Project, with a minimum of 35,000 metres of diamond drilling planned.

The Connaught project, located 65 km west of Dawson City, Yukon, Canada, was acquired by Hecla Mining in July 2023. It is an exploration-stage project prospective for high-grade silver-lead-zinc-copper-gold veins and copper-molybdenum-gold porphyry style mineralisation.

Production overview - 1966: gold 0.00004767 t, silver 0.0521419 t, lead 15.2851 t.

Hecla Mining acquired the Connaught project through its acquisition of ATAC Resources, a deal that was finalised in July 2023.

approximately 512 people

Production overview - 2025: silver 8.7 Moz, gold 59349 oz, lead 18200 t, zinc 51300 t; 2024: silver 8.5 Moz, gold 55275 oz.

Ore concentrating mill using flotation and gravity processes; produces approximately 2,300 tons of ore per day. Primary mining methods are cut and fill and longhole stoping. Uses a dry stacked tailings facility, with 46% of tailings reused as backfill in 2024.

Fiber optics for tele-operating autonomous equipment; Safescape Laddertube product (480.9 metres).

An expansion project is in the permitting process to extend production beyond 2031. In January 2025 (or January 2026, per another source), the U.S. Forest Service approved a five-year plan of operations for the Greens Creek Surface Exploration Project. In August 2025, the U.S. Army Corps of Engineers authorised wetland impacts for future expansion of dry stack tailings, with construction anticipated to commence in 2026.

The project is at the exploration stage, described as "Initial Drill Testing".

In March 2026, Torex Gold Resources Inc. exercised its option to acquire a 100% interest in the project. The project was acquired by Torex Gold through its acquisition of Reyna Silver in August 2025. Historical exploration, including drilling, has been conducted by previous operators.

Early-stage exploration property in the Santa Eulalia Mining District, Chihuahua, Mexico. Acquired by Torex Gold in August 2025. Covers approximately 4,750 hectares and is at the Target Definition stage of exploration, with potential for silver, gold, lead, and zinc mineralization.

The Batopilas project is an exploration property situated in the historic Batopilas Silver Mining District in southwestern Chihuahua. The district was a significant silver-producing centre from the 18th to the early 20th centuries, famous for its high-grade native silver ore. Large-scale mining operations ceased by the mid-20th century. The property covers approximately 3,550 hectares.

As of August 2025, Torex Gold considers the project to be at the 'Intermediate Drill Testing stage'. Exploration and drilling by previous operators have identified a mix of silver and gold veins across several zones. For the remainder of 2025, Torex Gold planned an initial investment of US$500,000 to define drilling targets through activities like regional geochemical and geophysical work.

The Los Reyes gold-silver project is located in Sinaloa, Mexico. It is currently at a development and advanced exploration stage. It is considered a historic mine, with mining activities dating back to the 18th century. The geology of the area is characterised by a low-sulphidation epithermal gold-silver system.

milling and heap leaching

Torex Gold is currently working on a preliminary economic assessment for Los Reyes, which is expected to be completed by mid-2026. This assessment will evaluate various development scenarios to maximise margins and mine life.

The Media Luna Project was approved by the Torex Gold Resources Inc. board of directors in March 2022. Construction is complete, with the first copper concentrate produced in the first quarter of 2025 and commercial production achieved in May 2025. The project is part of the Morelos Complex and is located seven kilometres from the El Limón Guajes (ELG) mine, on the south side of the Balsas River. The mine is ramping up to a steady-state production of 7,500 tonnes per day, which is expected to be achieved by mid-2026. The life of the mine is expected to run until at least 2033.

Production overview - 2024: gold 1946000 oz, silver 19788000 oz, copper 467 Mlbs.

Ore from the Media Luna mine is processed at the upgraded ELG processing plant. The plant has copper and iron sulfide flotation circuits to improve copper and silver recoveries.

Torex Gold is actively exploring near-mine opportunities within the "Media Luna Cluster". Drilling at Media Luna West, located near the main Media Luna deposit, has defined a mineralised footprint of 400 by 300 metres. An inaugural Inferred Resource for Media Luna West was expected with the annual mineral reserves and resources update in March 2026. The company plans to continue drilling at Media Luna West in 2026 to expand the resource and upgrade it from the Inferred to the Indicated category. First production at Media Luna North (formerly EPO) is on track for late 2026.

As of early 2026, 99% of the workforce is from Mexico, with approximately 65% from Guerrero State and 40% from the local communities surrounding the Morelos Complex. In 2022, the permanent workforce increased by almost 10% and the contractor workforce by nearly 40% due to the increased activity related to the Media Luna project.

The El Limón Guajes (ELG) Mine Complex, wholly owned by Torex Gold Resources Inc., is an operating open-pit and underground mine in Guerrero, Mexico, part of the larger 29,000-hectare Morelos Complex. Commercial production began April 1, 2016. Open-pit operations are phasing out, with future focus on underground mining, including the ELG Underground and Media Luna mines. Mine life is expected through at least 2035. The complex produces gold, silver, and copper.

Production overview - 2025: gold 319149 oz, silver 1400000 oz, copper 36000000 lbs; 2024: gold 452523 oz.

The processing plant has a nameplate capacity of 10,600 tonnes per day. It was recently upgraded with copper and iron-sulphide flotation circuits to process ore from the Media Luna and Media Luna North projects. The primary products are a precious metal-rich copper concentrate and gold-silver doré. Ore from the Media Luna deposit is transported to the processing plant through a seven-kilometre-long tunnel equipped with a conveyor system.

The Morelos Complex utilizes a mix of battery-electric and conventional diesel equipment. The BEV fleet includes 11 Toro™ LH518iB loaders and four Sandvik DD422iE jumbos. The conventional fleet includes loaders, trucks, bolters, production drills, and a raiseborer.

512 (as of 2024); 494 (in 2022)

Production overview - 2025: silver 8700000 oz, gold 59349 oz, lead 18200 kt, zinc 51300 kt; 2024: silver 9741935 oz, gold 48216 oz, lead 17670.9918 t, zinc 47458.75092 t.

The mine has an ore concentrating mill. In 2024, 46% of tailings were reused as backfill.

The primary mining methods are cut and fill and longhole stoping. The mine produces approximately 2,300 tons of ore per day.

In January 2026, a five-year plan of operations for the Greens Creek Surface Exploration Project was approved by the U.S. Forest Service. This exploration is for mineral deposits including silver, gold, lead, and zinc, and is expected to increase the project's reserve base and extend the mine life. Hecla Mining Company announced in March 2026 that it had completed the sale of its Casa Berardi Mine and would use the proceeds to strengthen its balance sheet for investment in its silver assets, including Greens Creek.

San Juan Silver is a development project operated by Hecla Mining Company in the Creede Mining District, Colorado, USA. Hecla holds 100% ownership. The project focuses on the historic Bulldog mine and is currently in a pre-development and exploration phase, with dewatering and exploration activities ongoing.

Production overview - 2025: silver 36760000 oz, gold 26000 oz; 2024: silver 37026000 oz, gold 27000 oz.

The historic Bulldog mine utilised a Carbon-in-Pulp plant to treat flotation mill tailings.

Work has been undertaken to access the historical underground workings, including the construction of a new decline to the Bulldog mine.

The Republic project is an exploration-stage asset for Hecla Mining Company in Washington, located in a district known for being the state's largest historic gold producer. Hecla's land package covers 3,583 acres, including all major past-producing trends. The company considers Republic an "emerging opportunity" and is focused on exploration activities, integrating historical data with 3D modelling and modern exploration techniques.

The Kinskuch property is located in the Golden Triangle of British Columbia and is now part of Dolly Varden's larger Kitsault Valley Project. It is considered underexplored with limited modern exploration.

512 people (as of 2024)

The mine is located within the Admiralty Island National Monument.

Production overview - 2025: silver 8700000 oz, gold 59349 oz; 2024: silver 8500000 oz, gold 55275 oz.

The mine uses a conventional flotation concentrator to produce a gravity gold concentrate, a silver concentrate, a zinc concentrate, and a precious metals concentrate. The ore is processed at an on-site mill. The mine produces approximately 2,300 tons of ore per day.

The primary mining methods are cut and fill and longhole stoping.

In November 2024, the U.S. Forest Service approved an expansion for more tailings storage, which could extend the mine's operational life for up to 18 years. In January 2025, the U.S. Forest Service also approved a five-year plan for a surface exploration project to identify new mineral targets not accessible from underground. In 2024, copper became a payable metal, adding a new revenue stream.

The San Juan Silver project, located in the historic Creede Mining District of Colorado, is a key exploration and development asset for Hecla Mining Company. Currently in pre-production, the project focuses on exploration and resource evaluation, centered around the historic Bulldog Mine. Hecla holds a 100% interest and aims to advance towards accessing underground infrastructure to expand mineral resources.

Production overview - 2025: silver 36760000 oz, gold 26000 oz.

The Republic project is an early-stage exploration opportunity for the Hecla Mining Company, located in the historically productive Republic Mining District in Washington, United States. The project covers 3,583 acres, encompassing major past-producing trends. Hecla is currently focused on integrating historical datasets with 3D modelling and modern exploration techniques. The company has identified multiple high-grade gold intercepts in past explorations, which confirm the area's potential. In 2025, the project underwent a desktop review. Hecla has allocated 1% of its 2025 exploration budget to the Republic project. A comprehensive exploration program is planned for 2026. The Republic Mining District is one of the key areas where Hecla continues to invest in exploration and pre-development projects.

The Kinskuch property, now part of Dolly Varden Silver's Kitsault Valley Project in British Columbia's Golden Triangle, is considered prospective for silver, gold, and copper mineralization. The area has a history of mining and is geologically favorable for volcanogenic massive sulphide (VMS), porphyry copper-gold, and epithermal gold-silver deposits.

Following acquisition by Dolly Varden Silver, a fully funded, 35,000-metre diamond drilling program for the 2025 exploration season across the Kitsault Valley Project (including Kinskuch) was commenced and later expanded to 56,131 metres, focusing on expanding known resources and identifying new mineralized zones.

approximately 512 people (2024)

As of 31 December 2025, proven and probable reserves at Greens Creek totalled 103.7 million ounces of silver, 865,000 ounces of gold, 240,670 tons of lead, and 646,010 tons of zinc.

Production overview - 2025: silver 270.60045 t, gold 1.8459616215 t, lead 18200 t, zinc 51300 t.

The mine's ore concentrating mill processes approximately 2,300 tons of ore per day using cut-and-fill and longhole stoping mining methods. The process involves flotation and gravity circuits to recover silver, gold, lead, and zinc. In 2025, 54% of the mill tailings were reused as backfill in the underground mine. A project to add a pyrite concentrate circuit, which could boost silver and gold recoveries, is being evaluated, with an update expected in late 2026 or early 2027.

In January 2026, the U.S. Forest Service approved a five-year plan of operations for the Greens Creek Surface Exploration Project, which aims to increase the reserve base and extend the mine's life. The company is also assessing a tailings reprocessing project; as of the end of 2025, the tailings facility held an estimated 10.4 million tons of tailings containing an estimated 50 million ounces of silver and nearly 600,000 ounces of gold. Hecla plans to nearly double its company-wide investment in exploration in 2026 compared to 2025.

The Republic mine, located in Ferry County, Washington, is a former gold and silver producer which is now categorised by Hecla Mining Company as an exploration project. Hecla's exploration strategy notes that the Republic area was Washington's largest historic gold producer and represents an emerging opportunity. The company holds 3,583 acres covering major productive trends and sees potential for discoveries concealed by post-mineral cover. For 2025, 1% of Hecla's exploration budget is allocated to the Republic project. The Washington State Department of Ecology lists the site, referred to as the Hecla Knob Hill Mine, as "Awaiting Cleanup". Hecla is continuing long-term mine water management and treatment activities at the site. Production at the mine, which was acquired by Hecla in 1981, ceased in 1995.

The Kinskuch property, previously operated by Hecla Mining Company, was acquired by Dolly Varden Silver Corporation in May 2025. It is now part of Dolly Varden's Kitsault Valley Project and is in the exploration stage with prospectivity for silver, gold, and copper mineralization. Hecla Mining Company retains a 2% net smelter return royalty.

Dolly Varden Silver plans geological mapping and reconnaissance to generate drill targets as part of its broader 2025 exploration program for the Kitsault Valley Project.