Specialized Disclosure Report - Form SD

Resource Extraction Payment Report

Hecla Mining Company

For the period January 1, 2023 to December 31, 2023

Reporting Currency : United States Dollar

Payments by Payee

Country

Payee Name

Department, Agency etc. within Payee that Received Payments

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Payments for infrastructure improvements

Community and social responsibility payments that are required by law or contract

Total Amount paid by Payee

Notes

Canada

Abitibiwinni First Nation

$-

$488,385

$320,583

$-

$-

$-

$-

$-

$808,968

Canada

Eeyou Itschee James Bay Regional Government

$184,066

$-

$-

$-

$-

$-

$184,066

Municipal taxes

Canada

Government of Quebec

Finance Ministry

$-

$-

$134,036

$-

$-

$-

$-

$-

$134,036

Permits and claims fees

Canada

Government of Quebec

Revenue Ministry

$5,462,297

$-

$-

$-

$-

$-

$5,462,297

Mining duties

Mexico

Federal Treasury

Mining General Directorate

$-

$-

$953,445

$-

$-

$-

$-

$-

$953,445

Concession fees

United States of America

Government of the United States of America

Bureau of Land Management

$-

$-

$1,424,000

$-

$-

$-

$-

$-

$1,424,000

Unpatented claims maintenance fees

Additional notes

Note 1. Amounts paid by our Canadian subsidiary were paid in Canadian dollars (CAD) and by our Mexican subsidiary in Mexican Pesos (MXP) and are automatically converted into United States Dollars at the exhange rate on the date of the

transaction. The conversion is automatically performed by the accounting system used by the Company. For reference purposes the average exchange rates for fiscal year 2023 were as follows: 1USD : 1.3497 CAD and 1USD : 17.7634 MXP

Payments by project

Country

Mineral type

Project name

Extraction method

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Payments for infrastructure improvements

Community and social responsibility payments that are required by law or contract

Total Amount paid by Project

Canada

Gold

Casa Berardi

Underground and surface mining

$5,646,363

$488,385

$454,619

$-

$-

$-

$-

$-

$6,589,367

Mexico

Silver

Other - San Sebastian

Exploration

$-

$-

$953,445

$-

$-

$-

$-

$-

$953,445

United States of America

Gold

Other - Fire Creek

Exploration

$-

$-

$166,200

$-

$-

$-

$-

$-

$166,200

Other - Hollister

Exploration

$-

$-

$203,200

$-

$-

$-

$-

$-

$203,200

Other - Midas

Exploration

$-

$-

$297,800

$-

$-

$-

$-

$-

$297,800

Silver

Other - Libby Exploration Project

Exploration

$-

$-

$178,200

$-

$-

$-

$-

$-

$178,200

Gold

Other - Monte Cristo

Exploration

$-

$-

$190,200

$-

$-

$-

$-

$-

$190,200

Silver

Other - Rio Grande Silver

Exploration

$-

$-

$140,800

$-

$-

$-

$-

$-

$140,800

Other - Silver Valley

Exploration

$-

$-

$145,600

$-

$-

$-

$-

$-

$145,600

Additional notes

Note 1. Amounts paid by our Canadian subsidiary were paid in Canadian dollars (CAD) and by our Mexican subsidiary in Mexican Pesos (MXP) and are automatically converted into United States Dollars at the exhange rate on the date of the

transaction. The conversion is automatically performed by the accounting system used by the Company. For reference purposes the average exchange rates for fiscal year 2023 were as follows: 1USD : 1.3497 CAD and 1USD : 17.7634 MXP