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Coeur Mining Inc.
Summary
| Project: | Silvertip | |
|---|---|---|
| Deposit: | Silvertip | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 7/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-7-2018: Coeur Mining Inc. announces an Exploration/Drilling Update report for its Silvertip deposit at the Silvertip project. Drilling results incl. 6.0m @ 925g/t Ag, 16.0% Zn, 15.2% Pb. Chicago, Illinois – July 26, 2018 – Coeur Mining, Inc. (“Coeur” o | |
| Resources: | ||
| CP/QP: | [Overall Report]: Christopher Pascoe (Internal) | |
| ABSTRACT: | Chicago, Illinois – July 26, 2018 – Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today provided an update on the 44,500-meter (146,000-foot) drilling program at its 100%-owned Silvertip operation located in northern British Columbia. This program has been primarily focused on infill drilling to support ongoing mine planning efforts and has successfully discovered several new mineralized zones. Given the success of this initial program, the Company has approved and commenced a US$4 million second phase focused on expanding resources and testing prospective targets located on the mine’s 93,000- acre (37,650 hectare) land package. “Results from exploration at Silvertip during the first half of 2018 have demonstrated both the quality of the known resource and the strong potential for significant mine life extensions,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “Drilling targeted three zones with a particular emphasis on upgrading resources to reserves in the Central Zone, where results also confirmed the continuity of mineralization in zones previously thought to be discrete. At the Silver Creek and Discovery zones, both close to existing underground infrastructure, drilling has successfully delineated and expanded the resource through the identification of newly discovered mineralized zones and feeder structures. We look forward to continued exploration success during the program’s second phase.” | |
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