Coeur Mining: Reserves & Resources

Reserves & Resources

		Grade				Contained
	Short tons	Gold (oz/t)	Silver (oz/t)	Zinc (%)	Lead (%)	Gold (oz)	Silver (oz)	Zinc (lbs)	Lead (lbs)
PROVEN RESERVES
Palmarejo	1,093,000	0.093	5.17	-	-	102,000	5,649,000	-	-
Rochester	249,815,000	0.003	0.45	-	-	710,000	112,286,000	-	-
Kensington	898,000	0.200	-	-	-	180,000	-	-	-
Wharf	23,436,000	0.024	-	-	-	571,000	-	-	-
Silvertip	176,000	-	11.31	9.84%	8.07%	-	1,990,000	34,577,000	28,366,000
Total	275,418,000	0.006	0.44			1,563,000	119,925,000	34,577,000	28,366,000
PROBABLE RESERVES
Palmarejo	10,576,000	0.056	4.24	-	-	591,000	44,843,000	-	-
Rochester	13,577,000	0.002	0.38	-	-	27,000	5,187,000	-	-
Kensington	779,000	0.239	-	-	-	186,000	-	-	-
Wharf	7,530,000	0.026	-	-	-	197,000	-	-	-
Silvertip	1,636,000	-	7.94	7.97%	5.14%	-	12,986,000	260,847,000	168,096,000
Total	34,097,000	0.029	1.85			1,001,000	63,016,000	260,847,000	168,096,000
PROVEN AND PROBABLE RESERVES
Palmarejo	11,669,000	0.059	4.33	-	-	693,000	50,492,000	-	-
Rochester	263,392,000	0.003	0.45	-	-	737,000	117,473,000	-	-
Kensington	1,677,000	0.218	-	-	-	366,000	-	-	-
Wharf	30,965,000	0.025	-	-	-	768,000	-	-	-
Silvertip	1,812,000	-	8.26	8.15%	5.42%	-	14,976,000	295,424,000	196,463,000
Total	309,515,000	0.008	0.59			2,564,000	182,941,000	295,424,000	196,463,000

		Grade				Contained
	Short tons	Gold (oz/t)	Silver (oz/t)	Zinc (%)	Lead (%)	Gold (oz)	Silver (oz)	Zinc (lbs)	Lead (lbs)
MEASURED RESOURCES
Palmarejo	870,000	0.055	3.69	-	-	48,000	3,210,000	-	-
Rochester	194,330,000	0.002	0.35	-	-	450,000	67,602,000	-	-
Kensington	2,062,000	0.239	-	-	-	493,000	-	-	-
Wharf	6,631,000	0.027	-	-	-	178,000	-	-	-
Silvertip	138,000	-	10.85	9.79%	7.70%	-	1,497,000	26,924,000	21,183,000
Lincoln Hill	4,642,000	0.012	0.34	-	-	58,000	1,592,000	-	-
La Preciosa	9,536,000	0.005	3.04	-	-	45,000	29,001,000	-	-
Total	218,209,000	0.006	0.47			1,272,000	102,902,000	26,924,000	21,183,000
INDICATED RESOURCES
Palmarejo	7,894,000	0.048	3.97	-	-	377,000	31,313,000	-	-
Rochester	42,015,000	0.002	0.36	-	-	96,000	15,195,000	-	-
Kensington	1,164,000	0.231	-	-	-	269,000	-	-	-
Wharf	4,926,000	0.032	-	-	-	156,000	-	-	-
Silvertip	1,579,000	-	6.39	8.81%	3.89%	-	10,091,000	278,081,000	122,734,000
Lincoln Hill	27,668,000	0.011	0.31	-	-	306,000	8,655,000	-	-
La Preciosa	19,141,000	0.006	3.98	-	-	118,000	76,185,000	-	-
Total	104,385,000	0.013	1.35			1,323,000	141,438,000	278,081,000	122,734,000
MEASURED AND INDICATED RESOURCES
Palmarejo	8,764,000	0.048	3.94	-	-	425,000	34,552,000	-	-
Rochester	236,345,000	0.002	0.35	-	-	546,000	82,797,000	-	-
Kensington	3,226,000	0.236	-	-	-	762,000	-	-	-
Wharf	11,557,000	0.029	-	-	-	334,000	-	-	-
Silvertip	1,716,000	-	6.75	8.89%	4.19%	-	11,558,000	305,005,000	143,917,000
Lincoln Hill	32,310,000	0.011	0.32	-	-	364,000	10,247,000	-	-
La Preciosa	28,677,000	0.006	3.67	-	-	163,000	105,186,000	-	-
Total	322,594,000	0.008	0.76			2,594,000	244,340,000	305,005,000	143,917,000

Notes to the above mineral reserves and resources:

The qualified person for these estimates is Christopher Pascoe Coeur's Director, Technical Services.
Effective December 31, 2019.
Assumed metal prices for estimated Mineral Reserves were $1,350 per ounce of gold, $17.00 per ounce of silver, $1.15 per pound zinc, $0.95 per pound lead.
Assumed metal prices for estimated Mineral Resources were $1,500 per ounce of gold, $20.00 per ounce of silver, $1.30 per pound zinc, $1.05 per pound lead, except Lincoln Hill and Wilco at $1,350 per ounce gold and $22.00 per ounce silver, and Sterling at $1,200 per ounce of gold.
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.
Rounding of tons and ounces, as required by reporting guidelines, may result in apparent differences between tons, grade, and contained metal content.
For details on the estimation of mineral resources and reserves, including the key assumptions, parameters and methods used to estimate the Mineral Resources and Mineral Reserves, Canadian investors should refer to the NI 43-101 Technical Reports for Coeur's properties on file at www.sedar.com.