Page 23 A NEW WORLD ST ANDARD HELLA Inc Canada 201 Kelly Driv e Peachtr ee City GA 30269 T el 18772243552 F ax 7706317575 wwwhellaminingcom HELLA is pr oud to intr oduce its r evolutionary HypaLUME LED Flood Lamp the frst high output LED food lamp designed specifcally for the heavy duty industry The HypaLUME is suitable for both DC and AC applications It has been designed to pr o vide daylight in the harshest envir onments and consume only 240W Constructed to excel in multiple applications wher e high output LED lighting is r equir ed 56 High Po w er LEDs pr oduce an output of mor e than 20000 Lumens the LEDs ar e coupled with thr ee specialised optical distributions so all lighting applications ar e cater ed for The HypaLUME is not only shaping the futur e of LED lighting but setting a new world standar d Contd from pg 22 from original plans this year As we plan for next year we will continue to monitor metals prices and further adjust our plans accordingly with the goal of spending within EBITDA W ith mines that have operated as long as 70 years and a company that has been in existence over 120 years we have operated in signifcantly lower price environm ents than we have to day Our operations are low cost and have signifcant revenue from lead and zinc that we have lar gely hedged This hedging is approximately the equiva lent of one year s operating costs and we are now hedging all metals once they have been shipped to reduce the variability in our realized price In addition our balance sheet is strong with almost 300 million of cash The combination of our properties locations in great mining jurisdic tions their long lives and low costs along with our fnancial strength we believe positions Hecla to be among the few preciou s metals mini ng com panies that can prosper in lower price environments W e will look for op portunities to not only deliv er value for shareholder s in the short term but position the company for long term success Baker added After the acquisition Baker said on June 3 that the Aurizon assets together with Hecla s strong base of producing silver mines create a unique precious metals company with three longlife highgrade low cost operations all in miningfriendly North American jurisdictions Importantly we expect to generate signifcantly higher precious metals production more cash fow and have a lar ger reserve base that will con tinue to grow from exploratio n of our very lar ge land positions that are near existing operations Hecla says with the ongoing shaft deepening project and planned future open pit development the Casa Be rardi Mine is expected to operate for more than a decade The acquisition also brings several exploration and predevelopment projects located in Quebec that could potentially gener ate future production growth Hecla is a leading lowcost US sil ver producer with operating mines in Alaska and Idaho and now is also a growing gold producer with its oper ating mine in Quebec The company now has exploration and predevel opment properties in fve worldclass silver and gold mining distric ts in the US Canada and Mexico and an exploration offce and investments in earlystage silver exploration projects in Canada It is the oldest precious metal s mining company in North America Hecla has nearly 300 million in cash