Coeur's Mineral Reserves Year-end 2015

  GRADE (Oz/Ton) CONTAINED OUNCES
  LOCATION SHORT TONS  SILVER GOLD SILVER GOLD
PROVEN RESERVES
Palmarejo Mexico  802,000 6.29 0.077  5,048,000  62,000
Rochester Nevada, USA  96,520,000 0.53 0.003  51,007,000  316,000
Kensington Alaska, USA  338,000  -   0.198  -    67,000
Wharf South Dakota, USA  11,791,000  -   0.032  -    374,000
San Bartolome Bolivia  6,850,000 3.32  -    22,742,000  -  
Endeavor Australia  904,000 2.18  -    1,969,000  -  
Total    117,205,000 0.69 0.007  80,766,000  819,000
PROBABLE RESERVES
Palmarejo Mexico  8,297,000 4.81 0.076  39,871,000  628,000
Rochester Nevada, USA  54,171,000 0.52 0.003  28,336,000  161,000
Kensington Alaska, USA  2,487,000  -   0.198  -    493,000
Wharf South Dakota, USA  14,984,000  -   0.023  -    338,000
San Bartolome Bolivia  1,388,000 3.69  -    5,122,000  -  
Endeavor Australia  849,000 2.12  -    1,800,000  -  
Total    82,176,000 0.91 0.020  75,129,000  1,620,000
PROVEN AND PROBABLE RESERVES
Palmarejo Mexico  9,100,000 4.94 0.076  44,919,000  690,000
Rochester Nevada, USA  150,691,000 0.53 0.003  79,343,000  477,000
Kensington Alaska, USA  2,825,000  -   0.198  -    560,000
Wharf South Dakota, USA  26,775,000  -   0.027  -    712,000
San Bartolome Bolivia  8,238,000 3.38 -  27,864,000  -  
Endeavor Australia  1,753,000 2.15 -  3,769,000  -  
Total Proven and Probable    199,382,000 0.78 0.012  155,895,000  2,439,000

Coeur's Mineral Resources (excluding Mineral Reserves) Year-end 2015

GRADE (Oz/Ton) CONTAINED OUNCES
  LOCATION SHORT TONS  SILVER GOLD SILVER GOLD
MEASURED RESOURCES
Palmarejo Mexico  134,000 4.86 0.052  651,000  7,000
Rochester Nevada, USA  60,528,000 0.49 0.004  29,709,000  233,000
Kensington Alaska, USA  347,000  -   0.277  -    96,000
Wharf South Dakota, USA  2,513,000  -   0.030  -    75,000
San Bartolome Bolivia  6,592,000 2.15  -    14,143,000  -  
Endeavor Australia  8,135,000 2.22  -    18,067,000  -  
La Preciosa Mexico  18,156,000 3.21 0.006  58,225,000  108,000
Joaquin Argentina  4,287,000 5.63 0.003  24,147,000  14,000
Total    100,692,000 1.44 0.005  144,942,000  533,000
INDICATED RESOURCES
Palmarejo Mexico  5,787,000 4.25 0.056  24,622,000  323,000
Rochester Nevada, USA  80,423,000 0.47 0.003  37,745,000  250,000
Kensington Alaska, USA  1,485,000 ​- 0.284  -    422,000
Wharf South Dakota, USA  4,051,000 ​- 0.023  -    92,000
San Bartolome Bolivia  1,468,000 1.90 -  2,787,000  -  
Endeavor Australia  5,434,000 2.40 -  13,044,000  -  
La Preciosa Mexico  20,818,000 2.75 0.004  57,198,000  88,000
Joaquin Argentina  5,965,000 4.59 0.004  27,354,000  23,000
Lejano Argentina  631,000 3.09 0.011  1,952,000  7,000
Total    126,062,000 1.31 0.010  164,702,000  1,205,000
MEASURED AND INDICATED RESOURCES
Palmarejo Mexico  5,922,000 4.27 0.056  25,273,000  330,000
Rochester Nevada, USA  140,951,000 0.48 0.003  67,454,000  483,000
Kensington Alaska, USA  1,832,000  -   0.283  -    518,000
Wharf South Dakota, USA  6,564,000  -   0.025  -    167,000
San Bartolome Bolivia  8,060,000 2.10  -    16,930,000  -  
Endeavor Australia  13,569,000 2.29  -    31,111,000  -  
La Preciosa Mexico  38,974,000 2.96 0.005  115,423,000  197,000
Joaquin Argentina  10,252,000 5.02 0.004  51,501,000  37,000
Lejano Argentina  631,000 3.09 0.011  1,952,000  7,000
Total Measured and Indicated    226,755,000 1.37 0.008  309,644,000  1,739,000

Coeur's Inferred Resources Year-End 2015

GRADE (Oz/Ton) CONTAINED OUNCES
  LOCATION SHORT TONS  SILVER GOLD SILVER GOLD
Palmarejo Mexico  1,721,000 4.79 0.085  8,240,000  147,000
Rochester Nevada, USA  59,597,000 0.52 0.003  31,195,000  179,000
Kensington Alaska, USA  2,059,000  -   0.335  -    690,000
Wharf South Dakota, USA  4,488,000  -   0.030  -    134,000
San Bartolome Bolivia  56,000 1.59  -    89,000  -  
Endeavor Australia  661,000 3.18  -    2,103,000  -  
La Preciosa Mexico  1,359,000 2.33 0.004  3,168,000  5,000
Joaquin Argentina  649,000 4.17 0.003  2,705,000  2,000
Lejano Argentina  702,000 2.81 0.010  1,972,000  7,000
Total    71,292,000 0.69 0.016  49,472,000  1,164,000

Notes to the above mineral reserves and resources:

  1. Effective December 31, 2015 except Endeavor, effective June 30, 2015.
  2. Assumed metal prices for estimated reserves were $17.50 per ounce silver and $1,250 per ounce gold, except for San Bartolomé, Rosario and lower 76 underground deposits at Palmarejo at $15.50 per ounce of silver and $1,150 per ounce of gold, Endeavor at $2,400 per tonne zinc, $2,200 per tonne lead and $17.00 per ounce of silver, and Wharf at $1,275 per ounce of gold. Proven and probable reserves (other than Endeavor) were also evaluated using $15.50 per ounce of silver and $1,150 per ounce of gold. It was determined that substantially all proven and probable reserves could be economically and legally extracted or produced at these lower price assumptions.
  3. Assumed metal prices for resources were $19.00 per ounce silver and $1,275 per ounce gold, except (a)Endeavor at $2,400 per tonne zinc,$2,200 per tonne lead, and $17.00 per ounce silver, and (b)Wharf at $1,350 per ounce gold.
  4. Mineral resources are in addition to mineral reserves and do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be considered for estimation of mineral reserves, and there is no certainty that the inferred mineral resources will be realized.
  5. Rounding of tons and ounces, as required by reporting guidelines, may result in apparent differences between tons, grade, and contained metal content.
  6. For details on the estimation of mineral resources and reserves, including the key assumptions, parameters and methods used to estimate the mineral resources and reserves, Canadian investors should refer to the NI 43-101-compliant Technical Report for Coeur's properties on file at www.sedar.com.

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Coeur Mining, Inc.
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