Hecla sells its interest in Elko-area gold project | nnbw.com
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Hecla sells its interest in Elko-area gold project

NNBW staff

Hecla Mining Co. said last week it completed the sale of its interest in the Hollister Development Block gold project to its former partner in the project, Great Basin Gold.

Great Basin paid $60 million $45 million in cash, the remainder in its common stock to Hecla. The project is 47 miles northwest of Elko.