Hecla Mining Company Form 8-K, Dated March 2, 2006
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549


FORM 8-K


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of Report
(Date of earliest event reported): March 2, 2006


Hecla Mining Company
(Exact Name of Registrant as Specified in Its Charter)


Delaware
(State or Other Jurisdiction of Incorporation)

1-8491 82-0126240
(Commission File Number) (IRS Employer Identification No.)

6500 North Mineral Drive, Suite 200
Coeur d’Alene, Idaho
83815-9408
(Address of Principal Executive Offices) (Zip Code)

(208) 769-4100
(Registrant’s Telephone Number, Including Area Code

N/A
(Former Name or Former Address, if Changed Since Last Report)


        Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14-d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 



Item 1.01   Entry into a Material Definitive Agreement

        On February 28, 2006 Hecla Ventures Corp. (a wholly-owned subsidiary of the Registrant) (collectively, “Hecla”) and Rodeo Creek Gold Inc., a wholly owned subsidiary of Great Basin Gold (collectively, “GBG”), amended the earn-in agreement relating to the development of the Hollister Development Block exploration project in Nevada (the “HDB”).

        The material terms of the original earn-in agreement are set forth in Exhibit 10.19 to the Registrant’s Registration Statement on Form S-1 filed on October 7, 2002, which is incorporated by reference as Exhibit 10.1 to this Current Report. The material terms of the amendment to the earn-in agreement are set forth in Exhibit 10.2 and incorporated by reference herein. The material terms of the amendment are summarized as follows:

        On March 31, 2006 the Registrant issued a news release announcing the amendment to the earn-in agreement. A copy of the news release is attached as Exhibit 99.1.

Item 9.01   Financial Statements and Exhibits

(d)   Exhibits

  10.1   Earn-in Agreement dated August 2, 2002, between Hecla Ventures Corp. and Rodeo Creek Gold Inc. Filed as exhibit 10.19 to the Registrant's Registration Statement on Form S-1 filed on October 7, 2002 (File No. 333-100395) and incorporated by reference.

  10.2   Earn-in Agreement Amendment dated February 28, 2006, between Hecla Ventures Corp. and Rodeo Creek Gold Inc.*

  99.1   News Release announcing amendment of earn-in agreement.*

* Filed herewith


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SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HECLA MINING COMPANY
 
 
By:    /s/ Philip C. Wolf
Name:  Philip C. Wolf
 Title:    Vice President and General Counsel

Dated:   March 2, 2006




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EXHIBIT INDEX



Exhibit No.   Title

10.2   Earn-in Agreement Amendment dated February 28, 2006, between Hecla Ventures Corp. and Rodeo Creek Gold Inc.

99.1   News Release announcing amendment of earn-in agreement.







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