Hecla Reports Highest Revenue and Cash Flow in 117-Year History: Record Low Silver Cash Costs

The La Camorra unit is located in Venezuela's Bolivar State and in 2007 it produced 87,490 ounces of gold. The average total cash cost per ounce of gold increased from $345 per ounce in 2006 to $537 per ounce in 2007 as a result of higher transportation, labor, and supplies costs, as well as distribution of fixed costs to fewer gold ounces.