This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Coeur's La Preciosa Project PEA Indicates 17-Year Initial Mine Life; Average Annual Silver Production Of 9.1 Million Ounces Over The First 14 Years


Table 5: La Preciosa Mineral Resources, Effective Date of June 26, 2013
Mineral Resources   Short Tons   Average Grades (oz/t)   Contained Ounces (000)
(000) Ag   Au Ag   Au
Measured 12,664 2.78 0.005 35,194 68.3
Indicated 44,576 2.49 0.005 110,979 209.3
Total Measured and Indicated 57,240 2.55

146,173 277.7
Inferred 19,504 1.93 0.003 37,726 60.3

Footnotes to the Mineral Resources:

1. Metal prices used for estimation of Mineral Resources were $27.45 per troy ounce of silver and $1,508 per troy ounce of gold.

2. There are no Mineral Reserves presently at La Preciosa.

3. A Net Smelter Return (NSR) cutoff of $20.43/tonne ($18.54/short ton) was used, based on the following parameters:
        NSR =  

[(Ag price per ounce -refining charge) x plant recovery x payable recovery] +
[(Au price per ounce -refining charge) x plant recovery x payable recovery]

4. Rounding of short tons, grades and troy ounces, as required by reporting guidelines, may result in apparent differences between tons, grades and contained metal contents.

5. The NI 43-101-compliant Technical Report, disclosing the results of the PEA, will be filed on later this month.

6. 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.

9 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs