The Silvertip silver-zinc-lead mine is an underground operation located in northern British Columbia, Canada just south of the Yukon border. Silvertip is one of the highest-grade silver-zinc-lead operations in the world and sits within a highly prospective land package. The operation is accessible via a 25-kilometer mine access road off the Alaska Highway.
Coeur temporarily suspended mining and processing activities at Silvertip in early 2020 due to unfavorable market conditions as well as ongoing operational challenges. The Company has since conduced additional technical work and exploration activities to evaluate and support a potential expansion and restart of the operation. Coeur made significant progress to advance Silvertip, but additional exploration drilling and engineering studies are underway to further de-risk and enhance the economics of a potential restart.
|Stage:||Temporary Suspension of Mining and Processing Activies Beginning February 2020|
|Location:||10 miles south of the Yukon Border|
|Metals:||Silver, Zinc & Lead|
|Land position:||98,834 net acres|
|2020 Proven and Probable reserves1:||
14.6M oz Ag and 296.1M lbs Zn and 193.2M lbs Pb
|2020 Measured and indicated resources1:||17.4M oz Ag and 442.1M lbs Zn and 216.5M lbs Pb|
|2020 Inferred resources1:||12.0M oz Ag and 308.7M lbs Zn and 143.9M lbs Pb|
View Silvertip's most recent technical report here.
(1) Effective December 31, 2020. Please see Reserves and Resources statement