ROHSTOFF INTERNATIONAL

22:15 | 08.03.2018
Coeur Announces Commencement of Production at Silvertip

Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) is pleased to
announce that it has commenced production at its high-grade Silvertip
mine in British Columbia, Canada, following the successful commissioning
of mill operations. Ramp-up of production is now slightly ahead of
schedule with mill throughput expected to steadily increase throughout
the remainder of the year from an estimated 250 tonnes per day (“tpd”)
in April to 750 tpd by year-end.

“The achievement of this important milestone at Silvertip builds upon
the strong momentum with which we have started 2018,” said Mitchell J.
Krebs, Coeur’s President and Chief Executive Officer. “Ramp-up of
milling rates and production is planned to continue under temporary
permit coverage through year-end. We expect to submit an application for
a full permit amendment during the second quarter, receive approval by
year-end and reach nameplate capacity of 1,000 tpd in early 2019.
Combined with our recent exit from Bolivia and the release of
Rochester’s noteworthy preliminary economic assessment, we believe
commencement of production at Silvertip further demonstrates the growing
strength of Coeur’s North America-focused portfolio.”
About Coeur
Coeur Mining, Inc. is a well-diversified, growing precious metals
producer with five mines in North America employing approximately 2,000
people. Coeur’s wholly-owned operations include the Palmarejo
silver-gold complex in Mexico, the Silvertip silver-zinc-lead mine in
British Columbia, the Rochester silver-gold mine in Nevada, the
Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota.
In addition, the Company owns the La Preciosa project in Mexico, a
silver-gold exploration stage project, and conducts exploration
activities throughout North America.
Cautionary Statements
This news release contains forward-looking statements within the meaning
of securities legislation in the United States and Canada, including
statements regarding operations at Silvertip, including production
ramp-up, mill throughput, permitting efforts, and results. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause Coeur’s actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the
forward-looking statements. Such factors include, among others, the risk
that the Silvertip production ramp-up and permitting process is not
successfully achieved on a timely basis or at all, the risks and hazards
inherent in the mining business (including risks inherent in developing
large-scale mining projects, environmental hazards, industrial
accidents, weather or geologically related conditions), changes in the
market prices of gold and silver and a sustained lower price
environment, the uncertainties inherent in Coeur’s production,
exploratory and developmental activities, including risks relating to
permitting and regulatory delays, ground conditions, grade variability,
any future labor disputes or work stoppages, the uncertainties inherent
in the estimation of gold, silver, zinc and lead reserves and resources,
changes that could result from Coeur’s future acquisition of new mining
properties or businesses, the loss of any third-party smelter to which
Coeur markets silver and gold, the effects of environmental and other
governmental regulations, the risks inherent in the ownership or
operation of or investment in mining properties or businesses in foreign
countries, Coeur’s ability to raise additional financing necessary to
conduct its business, make payments or refinance its debt, as well as
other uncertainties and risk factors set out in filings made from time
to time with the United States Securities and Exchange Commission, and
the Canadian securities regulators, including, without limitation,
Coeur’s most recent report on Form 10-K. Actual results, developments
and timetables could vary significantly from the estimates presented.
Readers are cautioned not to put undue reliance on forward-looking
statements. Coeur disclaims any intent or obligation to update publicly
such forward-looking statements, whether as a result of new information,
future events or otherwise. Additionally, Coeur undertakes no obligation
to comment on analyses, expectations or statements made by third parties
in respect of Coeur, its financial or operating results or its
securities.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180308006304/en/


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