Coeur Mining eyes US$68M investments in exploration this year

Photo: Coeur Mining

Expansion plans US Coeur Mining has announced its plans to invest some US$68 million in exploration in 2021.


The company disclosed its plans while providing an update on this year’s exploration programs at its Silvertip mine in British Columbia and the Crown exploration property in Nevada, highlighted new drill-ing results at the recently discovered Southern Silver Zone at Silvertip and at the four mineralized zones within the Crown Block – Daisy, Secret Pass, SNA and C-Horst, the company said in a statement.


In “the first four months of 2021, Coeur drilled approximately 340,300 feet (103,750 meters) at six different locations – a 66% increase com-pared to the same period in 2020,” the miner said.


“Coeur anticipates investing $68 million in exploration this year, which would make this the largest exploration campaign in Coeur’s history and over 30% higher than last year’s exploration investment,” accord-ing to the statement.