NYSE: CDE$3.71+0.04
Gold $1,708.10-17.26
Silver $20.36-0.66

Kensington, Alaska

Snapshot

The Kensington mine is an underground gold operation located on the east side of the Lynn Canal, approximately 45 miles north-northwest of Juneau, Alaska. The mine consists of the (i) Kensington Main deposit, (ii) Raven deposit, (iii) Jualin deposit, and (iv) other nearby deposits and exploration targets. The mine is accessible by either a combination of road vehicles and boat or by helicopter, floatplane or boat direct from Juneau.

Coeur Alaska proposed an amendment to its Plan of Operations (POA 1) to increase tailings and waste rock storage capacity to reflect positive exploration results, improved metal prices, and ongoing operational efficiencies. POA 1 was analyzed in a Supplemental Environmental Impact Statement (SEIS) by the U.S. Forest Service (USFS). On February 24, 2022, the USFS released the final Record of Decision in support of POA 1. Project documents and public comments are available for review online on the USFS’ project webpage.

Facts and Figures

Stage: Production
Location: Juneau, Alaska (Southeast Alaska)
Type: Underground Mine
Metals: Gold
Product: Gold Concentrate
Ownership: 100%
Land position: 12,338 net acres
2021 Production: 121,140 oz Au
2021 Proven and probable reserves1: 261,000 oz Au 
2021 Measured and indicated resources1: 983,000 oz Au
2021 Inferred resources1: 455,000 oz Au

 

View Kensington's most recent technical report here.

 

(1) Effective December 31, 2021. Please see Reserves and Resources statement