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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Consolidated Silver Corporation
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(Name of Issuer)
Common Stock, $.10 par value
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(Title of Class of Securities)
210120 10 1
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(CUSIP Number)
Michael B. White
6500 Mineral Drive
Coeur d'Alene, Idaho 83814-8788
(208) 769-4100
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 21, 1995
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(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box _____.
Check the following box if a fee is being paid with the statement _____. (A
fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13-d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the act
(however, see the Notes).
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SCHEDULE 13D
CUSIP NO. 210120 10 1
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Hecla Mining Company 82-0126240
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) _____
(b) _____
3 SEC USE ONLY
4 SOURCE OF FUNDS
00
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) _____
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
7 SOLE VOTING POWER
NUMBER OF 7,418,300
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH
REPORTING PERSON 9 SOLE DISPOSITIVE POWER
WITH 7,418,300
10 SHARED DISPOSITIVE POWER
-0-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,418,300
12 CHECK BOX IF THE AGGREGATE NUMBER IN ROW (11) EXCLUDES CERTAIN SHARES
_____
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
78.45%
14 TYPE OF REPORTING PERSON
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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This Amendment No. 3 amends and supplements the Schedule 13D as
previously filed and amended ("Schedule 13D") by Hecla Mining
Company ("Hecla") related to the common stock ($.10 par value) of
Consolidated Silver Corporation, an Idaho Corporation (the
"Company"). Unless specifically defined herein, capitalized terms
shall have the same meaning as set forth in Schedule 13D.
1. Item 3 is hereby amended and supplemented as follows:
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The additional 1,250,000 shares of common stock
($.10 par value per share) of the Company was
acquired by Hecla from authorized but unissued
common shares of the Company in a transaction
between Hecla and the Company pursuant to which
Hecla agreed to exchange and deliver to the Company
12,500 shares of preferred stock of the Company
($100 par value per share) held by Hecla.
2. Item 4 is hereby amended and supplemented as follows:
ITEM 4. PURPOSE OF TRANSACTION
The transaction reflects Hecla's continued interest
in maintaining a significant equity position in the
Company while allowing the Company to eliminate the
preferential rights and redemption obligations of
the Company with respect to the outstanding
preferred shares held by Hecla.
3. Item 5 is hereby amended and supplemented as follows:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the date hereof, Hecla owned 7,418,300
shares of common stock of the Company of which
1,250,000 shares were acquired on
September 21, 1995.
(b) Based on the 9,455,689 shares of common stock
of the Company which were outstanding as of
September 21, 1995, the 7,418,300 shares owned
by Hecla as of that date represented
approximately 78.45% of such outstanding
shares (an increase of 1,250,000 shares).
(c) Hecla has the sole power to vote the total
number of shares listed herein.
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4. Item 6 is hereby amended and supplemented as follows:
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE
ISSUER
The information set forth under Items 3 and 4 is
incorporated herein by reference.
The disclosures set forth in Schedule 13D remain in effect except
as specifically amended and supplemented by this Amendment No. 3.
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Date: September 21, 1995
HECLA MINING COMPANY
By: /s/ Michael B. White
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Name: Michael B. White
Title: Vice President - General
Counsel and Secretary
