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Coeur Mining Inc.
Summary
| Project: | La Preciosa | |
|---|---|---|
| Deposit: | La Preciosa | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 2/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-2-2018: Coeur Mining Inc. announces a Resource Estimation report for its La Preciosa deposit at the La Preciosa project. Updated mienral resource at project. Chicago, Illinois – February 6, 2018 – Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE | |
| Resources: | (Resource, M+I): 28.677Mt @ 3.67oz/t Ag, 0.006oz/t Au | |
| CP/QP: | [Overall Report]: Christopher Pascoe (Internal) | |
| ABSTRACT: | Chicago, Illinois – February 6, 2018 – Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported year-end 2017 contained reserves and resources from continuing operations1 , which reflect significant increases compared to 2016 and demonstrate the success of the Company’s expanded near-mine exploration program. Proven and probable reserves of 335.8 million silver equivalent ounces (AgEqOz)2 are 10% higher, driven primarily by year-over-year silver equivalent2 reserve increases of 36% at Wharf and 17% at Palmarejo. Measured and indicated resources of approximately 385.7 million AgEqOz2 and inferred resources of 171.0 million AgEqOz2 represent increases of 42% and 45%, respectively. The Company’s year-end 2017 reserves assumed silver and gold prices of $17.50 per ounce and $1,250 per ounce, respectively, unchanged from the assumptions used to determine year-end 2016 and 2015 reserves. | |
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