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Project: | Rochester | |
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Deposit: | Rochester | |
Location: | United States | |
Commodities: | Gold-Silver | |
Date: | 2/8/2017 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Active Mining & Production | |
Report details: | 8-2-2017: Coeur Mining Inc. announces a Resource Estimation report for its Rochester deposit at the Rochester project. Updated Mineral Resources and Reserves for Rochester and Economic analysis. The Rochester Mine is a silver and gold mine wholly-owned by | |
Resources: | (Reserve, P+P): 244.804Mt @ 0.093g/t Au, 1430g/t Ag for 803koz Au, 112.045koz Ag contained | |
CP/QP: | [Resources]: Kelly Lippoth (Internal) | |
ABSTRACT: | The Rochester Mine is a silver and gold mine wholly-owned by Coeur subsidiary, Coeur Rochester, Inc. (Coeur Rochester or the Company). The purpose of this Report is to update the Mineral Resources and Mineral Reserves for the Rochester Mine, update the capital and operating cost estimates for Rochester and update the financial estimates for Rochester. The data presented in this Report provides updated scientific and technical information on the ongoing production activities at Rochester in compliance with National Instrument (NI) 43-101 Standards for Disclosure for Mineral Projects and Form NI 43-101F1, and in support of the Annual Report on Form 10-K for the year ended December 31, 2016. The Mineral Resources and Reserves presented in this Report are effective as of December 31, 2016. The Report effective date is December 31, 2016 and the Report filing date is February 8, 2017. A new Mineral Resource model for the Rochester pit was completed for this Mineral Resource estimate using historical data (excluding ASARCO drill results) and drilling completed between 2011 and November 1, 2016 near the Rochester pit area. The geologic model was updated based on drilling and inpit mapping. A separate resource model for the Limerick area in the northwest corner of the Rochester pit was created in 2013 and then merged with the final November 1, 2016 Rochester Mineral Resource model. The Mineral Reserve estimates are based on the Measured and Indicated Mineral Resources estimated for the Rochester Mine and the stockpiles. No Mineral Reserves have been estimated for Nevada Packard. | |
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