Coeur Provides Palmarejo Exploration Update
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Mercredi, août 9, 2023
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Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today provided an update on the exploration programs at its Palmarejo gold-silver complex located in southwest Chihuahua, Mexico.
Key Points:
- Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today provided an update on the exploration programs at its Palmarejo gold-silver complex located in southwest Chihuahua, Mexico.
- In addition, mapping and sampling of East Palmarejo has defined numerous mineralized trends and high-priority targets set to be drilled beginning in 2024.
- “Coeur has invested over $60 million in exploration and infill drilling at Palmarejo since 2018, which has led to strong reserve and resource growth with multiple new discoveries and meaningful extensions to its mine life,” said Mitchell J. Krebs, President and Chief Executive Officer.
- “In addition, we continue to build exploration momentum in the eastern portion of the Palmarejo land package which to date has seen minimal systematic exploration.