Reserves Table

MINERAL RESERVES - Imperial Units
GRADE OUNCES (000s)
YEAR END 2008 LOCATION SHORT TONS
(000s)
SILVER
(OZ/TON)
GOLD
(OZ/TON)
SILVER
(OUNCES)
GOLD 
(OUNCES)
PROVEN
Rochester Nevada, USA 75,973 0.58 0.006 18,361 185
Cerro Bayo Chile 41 8.32 0.05 345 2
Martha Argentina - - - - -
San Bartolome Bolivia 131 3.29 - 430 -
Kensington Alaska, USA 199 - 0.38 - 76
Endeavor Australia 1,984 1.93 - 5,019 -
Palmarejo Mexico 7,277 5.05 0.06 37,121 442
Subtotal 41,453 60,077 705
PROBABLE
Rochester Nevada, USA 10,596 0.71 0.005 7,523 48
Cerro Bayo Chile 547 9.86 0.08 7,242 55
Martha Argentina 38 33.14 0.04 1,249 1
San Bartolome Bolivia 31,241 3.83 - 119,603 -
Kensington Alaska, USA 5,301 - 0.26 - 1,402
Endeavor Australia 6,393 3.15 - 20,139 -
Palmarejo Mexico 10,623 5.03 0.06 53,400 660
Subtotal 64,926 209,156 2,166
Total Proven and Probable 106,379 269,233 2,871

MINERAL RESOURCES - Imperial Units
GRADE OUNCES (000s)
YEAR END 2008 LOCATION SHORT TONS
(000s)
SILVER
(OZ/TON)
GOLD
(OZ/TON)
SILVER
(OUNCES)
GOLD
(OUNCES)
MEASURED
Rochester Nevada, USA 75,973 0.52 0.004 39,257 318
Cerro Bayo Chile 274 7.95 0.16 2,182 43
Martha Argentina 6 90.70 0.11 576 1
San Bartolome Bolivia - - - - -
Kensington Alaska, USA 680 - 0.25 - 169
Endeavor Australia 8,025 1.72 - 13,826 -
Palmarejo Mexico 1,224 3.40 0.04 4,163 51
Subtotal 86,182 60,004 582
INDICATED
Rochester Nevada, USA 28,810 0.54 0.003 15,550 90
Cerro Bayo Chile 495 1175 0.15 5,816 74
Martha Argentina 23 51.00 0.04 1.182 1
San Bartolome Bolivia 36,953 1.75 - 64,554 -
Kensington Alaska, USA 2,044 - 0.16 - 325
Endeavor Australia 12,180 1.80 - 21,963 -
Palmarejo Mexico 3,269 3.52 0.05 11,494 154
Subtotal 83,774 120,559 644
Total Measured and Indicated 169,956 180,563 1,227
INFERRED
Rochester Nevada, USA 4,240 0.97 0.004 4,104 17
Cerro Bayo Chile 2,070 8.92 0.09 18,475 196
Martha Argentina 21 6.76 0.004 144 .1
San Bartolome Bolivia 1,177 1.38 - 1,628 -
Kensington Alaska, USA 742 - 0.37 - 273
Endeavor Australia 419 2.88 - 1,207 -
Palmarejo Mexico 14,826 2.77 0.05 41,072 678
Subtotal 23,495 66,630 1,164

Effective December 31, 2009 except Endeavor effective  June 30, 2009
Metal prices used for mineral reserves were $14.50US per ounce of silver and $850 per ounce of gold except Endeavor which uses $12.00 per ounce of silver, Martha at $16.00 per ounce of silver, San Bartolome at $13.25 per ounce of silver and Kensington at $750 per ounce of gold. Mineral Resources are in addition to Mineral Reserves and have not demonstrated economic viability

For details on the estimation of mineral resources and reserves for each property, please refer to the Technical Report on file at www.sedar.com


Donald J. Birak, Coeur's Senior Vice President of Exploration, is the qualified person responsible for the preparation of the scientific and technical information concerning Coeur's mineral projects herein. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio political, marketing or other relevant facto rs, please see the Technical Reports for each of Coeur's properties as filed on SEDAR at www.sedar.com

Cautionary Note to U.S. Investors The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured," "indicated," and "inferred" "resources," that are recognized by Canadian and Australian regulations, but that SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10 K which may be obtained from us, or from the SEC’s website at http://www.sec.gov/edgar.shtml





 

 

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