Coeur Mining reports 2022 gold reserves 3.4M ounces

Coeur Mining reported year-end 2022 proven and probable reserves of 3.4 million ounces of gold and 245.7 million ounces of silver, reflecting year-over-year increases for both metals with reserve growth at each site, net of depletion. Measured and indicated resources totaled 3.1 million ounces of gold, 181.9 million ounces of silver, 1.4 billion pounds of zinc and 722.2 million pounds of lead. Inferred resources were 1.7 million ounces of gold, 70.0 million ounces of silver, 378.1 million pounds of zinc and 166.0 million pounds of lead. "Solid growth in 2022 gold and silver reserves reflects Coeur’s ongoing commitment to investing in higher-return near-mine exploration," said Mitchell J. Krebs, President and Chief Executive Officer. "The Company’s large, prospective land positions surrounding its existing assets in stable jurisdictions-including nearly three-quarters of its proven and probable reserves located in the United States-is a key differentiator among precious metals miners as is our five-year track record of material reserve and resource growth. Our exploration investments remain focused on generating attractive returns from near-term priorities, including mine life extensions at Kensington, which we achieved in 2022, medium opportunities for the Company including further resource growth at the high-grade Silvertip project in British Columbia and additional enhancements to Rochester’s reserve and resource pipeline."