Reserves Table

MINERAL RESERVES - Imperial Units
GRADE OUNCES (000s)
YEAR END 2010 LOCATION SHORT TONS
(000s)
SILVER
(OZ/TON)
GOLD
(OZ/TON)
SILVER
(OUNCES)
GOLD 
(OUNCES)
PROVEN
Rochester Nevada, USA 35,959 0.54 0.005 19,499 196
Martha Argentina - - - - -
San Bartolome Bolivia 476 3.62 - 1,723 -
Kensington Alaska, USA 319 - 0.45 - 145
Endeavor Australia 3,472 1.87 - 6,482 -
Palmarejo Mexico 4,649 7.12 0.09 33,096 437
Subtotal 44,876 60,799 778
PROBABLE
Rochester Nevada, USA 12,312 0.65 0.004 8,057 51
Martha Argentina 45 18.61 0.02 828 1
San Bartolome Bolivia 27,602 3.81 - 105,295 -
Kensington Alaska, USA 5,618 - 0.23 - 1,265
Endeavor Australia 3,605 3.73 - 13,457 -
Palmarejo Mexico 9,019 4.29 0.05 38,662 434
Subtotal 58,200 166,299 1,751
Total Proven and Probable 103,076 227,099 2,528

MINERAL RESOURCES - Imperial Units
GRADE OUNCES (000s)
YEAR END 2010 LOCATION SHORT TONS
(000s)
SILVER
(OZ/TON)
GOLD
(OZ/TON)
SILVER
(OUNCES)
GOLD
(OUNCES)
MEASURED
Rochester Nevada, USA 141,026 0.45 0.004 63,900 500
Martha Argentina 6 90.70 0.11 576 -
San Bartolome Bolivia - - - - -
Kensington Alaska, USA 193 - 0.19 - 36
Endeavor Australia 8,378 2.42 - 20,281 -
Palmarejo Mexico 1,623 3.23 0.04 5,244 57
Subtotal 151,220 89,424 593
INDICATED
Rochester Nevada, USA 74,577 0.41 0.003 30,498 209
Martha Argentina 39 14.02 0.01 553 1
San Bartolome Bolivia 36,953 1.75 - 64,554 -
Kensington Alaska, USA 2,311 - 0.19 - 442
Endeavor Australia 8,157 1.20 - 9,755 -
Palmarejo Mexico 2,880 3.96 0.05 11,404 135
Subtotal 124,918 116,764 786
Total Measured and Indicated 276,138 206,188 1,379
INFERRED
Rochester Nevada, USA 21,984 0.65 0.003 14,288 69
Martha Argentina 162 4.53 0.01 734 1
San Bartolome Bolivia 1,177 1.38 - 1,628 -
Kensington Alaska, USA 551 - 0.22 - 121
Endeavor Australia 882 3.88 - 3,421 -
Palmarejo Mexico 11,799 2.87 0.05 33,808 625
Subtotal 36,555 53,879 816

 As of December 31, 2010 except Endeavor, which are effective as of June 30, 2010.

Metal prices used for mineral reserves were $16.25 US per ounce of silver and $1,025 US per ounce of gold except Endeavor. at $12.00 US per ounce of silver for the open pit and $16.00 US per ounce of silver for the underground and Martha at $1,300 US per ounce of gold and $20 US per ounce of silver.

Palmarejo mineral resources are the addition of Palmarejo, Guadalupe and La Patria (Measured, Indicated and Inferred). Mineral resources are in addition to mineral reserves and have not demonstrated economic viability. Tons and ounces rounded to nearest 1000, gold grades rounded to nearest 0.00 except Rochester.

Donald J. Birak, Coeur's Senior Vice President of Exploration, is the qualified person responsible for the supervision of the preparation of the scientific and technical information concerning Coeur's mineral reserves and resources presented herein. For a description of the assumptions, parameters and methods used to estimate mineral reserves and resources, as well as a general discussion of the extent to which the estimated may be affected by any know, environmental, legal, title, taxation, socio-political, marketing or other relevant factors, 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 herein, such as "measured," "indicated," and "inferred" "resources" that are recognized by Canadian 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 10K which may be obtained from us, or from the SEC's website at http://www.sec.gov/edgar.shtml

 

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