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NYSE: CDE JC 2016 1 NYSE: CDE JC 2016 NYSE: CDE 2025 Third Quarter Earnings 11:00 a.m. ET, October 30, 2025
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NYSE: CDE JC 2016 2 NYSE: CDE JC 2016 Cautionary Statements This presentation contains forward-looking statements within the meanin g of securities legislation in the United States and Canada, including sta tements involving strategic priorities and company strategies, growth, anticipated production, costs and expenses, exploration and development efforts, operations, expectations and init iatives at Las Chispas, Palmarejo, Rochester, Kensington, Wharf and Silvertip, corporate responsibility goals, efforts and achievements, capital allocation and estimates, liquidity sources , free cash flow, and mineral reserve and resource estimates. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause Coeur's actual resul ts, performance, or achievements to be materially different from any future results, performance, or achievemen ts expressed or implied by the forward-looking statements. Such factors i nclude, among others, the risk that anticipated production, cost and expense levels are not attained, the risk s and hazards inherent in the mining business (including risks inherent in developing and expanding large-scale mining projects, environmental hazards, industrial accidents, weather or geologically-related conditions), changes in the market prices of gold a n ds i l v e ra n das u s t a i n e dl o w e rp r i c eo rh i g h e r treatment and refining charge environment, the uncertainties inherent in Coeur’s production, exploration and development activities, including risks relating to permitting and regulatory delays, mining law changes, ground conditions, grade and recovery variabi lity, any future labor disputes or work stoppages (involving the Company a nd its subsidiaries or third parties), the risk of adverse outcomes in litigation, the uncertainties inherent in the e stimation of mineral reserves and resources, impacts from Coeur’s future acquisition of new mining properties or businesses, the loss of access or insolvency of any third-party refiner or smelter to whom Coeur markets its production, materials and equipment avail a b i l i t y ,i n f l a t i o n a r yp r e s s u r e s ,c o n t i n u e d access to financing sources, the effects of environmental and other govern mental regulations and government shut-downs, the risks inherent in the o wnership or operation of or investment in mining properties or businesses in foreign countries, implementation of tariffs or trade barriers, Coeur’s ability to raise additional financin g necessary to conduct its business, changes in applicable tax laws or regulatory interpretations, make payments or refin ance its debt, as well as other uncertainties and risk factors set out in fil ings made from time to time with the United States Securities and Exchange Commission, and the Canadian securities reg ulators, including, without limitat ion, Coeur’s most recent reports on Form 10-K and Form 10-Q. Actual results, developments, and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-loo king statements. Coeur disclaims any intent or obligation to update publicly such forwar d-looking statements, whether as a result of new information, future events, or otherwise. Addit ionally, Coeur undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of Coeur, its financial or operating results or its securities. The scientific and technical information concer ning Coeur’s mineral projects in this presentation have been reviewed and approved by a “qualified p erson” under Item 1300 of SEC Regulation S-K, namely Coeur’s Vice President, Technical Services, Christopher Pascoe. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and mineral resources included in this presentation that relate to Coeur’s mineral projects, as well as data verification procedures and a general di scussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, t itle, taxation, sociopolitical, marketing or other relevant factors, please review the Technical Report Summaries for each of Coeur’s material properties which are available at www.sec.gov. 2024, 2023, 2022, and 2021 reserves and resources were determined in accorda nce with Item 1300 of SEC Regulation S-K. Reserves and resources for certain prior periods, includi ng 2019, were determined in accordance with Canadian National Instrument 43-101. Both sets of reporting standards have similar goals in terms of conveyin g an appropriate level of confidence in the disclosures being reported, but the standards embody sli ghtly different approaches and definitions. The ranges of potential tonnage and grade (or quality) of the exploration results described in this presentation are conceptual in natu re. There has been insufficient exploration work to estimate a mineral resource. It is uncertain if further exploration will result in the estimation of a mineral resource. The exploration resul ts described in this presentation therefore do not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve. Non‐U.S. GAAP Measures ‐ We supplement the reporting of our financial information determined under U nited States generally accepted accounting principles (U.S. GAAP) with certain non‐U.S. GAAP financial measures, including adjusted net income (loss), operating cash flow before changes in working capital, adjusted EBITDA, adjust ed EBITDA margin, total leverage, net leverage, free cash flow, adjusted costs applicable to sales per ounce/poun d and adjusted liquidity. We believe that these adjusted measures provid e meaningful information to assist management, investors and analysts in understanding our financial results and assessing our prospects for future performance. We believe these adj usted financial measures are important indicators of our recurring operations because they exclude items that may not be indicative of, or are unrelated to our core operating results, and pr ovide a better baseline for analyzing trends in our underlying businesses. We believe adjusted net income (loss) , adjusted EBITDA, adjusted EBITDA margin, total leverage, net leverage, free cash flow, adjusted costs applicable to sales per ounce/pound and adjusted liquidity are important measures in a ssessing the Company's overall financial performance. This presentatio nd o e sn o tr e p r e s e n ta no f f e ro fa n y securities for sale.
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NYSE: CDE JC 2016 3 NYSE: CDE JC 2016 Third Quarter 2025 Highlights • Record quarterly production supported by solid cost performance • Cash balance more than doubled; net leverage ratio falls to 0.1x • ~10% of $75 million share repurchase program complete (1) See non ‐GAAP reconciliation tables in the appendix to this presentation. (2) Free cash flow is defined as cash flow from operating activities less capital expenditures. See reconciliation tables in the appendix to this presentation. • Record quarterly net income, free cash flow and adjusted EBITDA1,2 • Las Chispas outperforms; integration now complete • Full-year EBITDA and FCF targets increased; guidance ranges refined
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NYSE: CDE JC 2016 4 NYSE: CDE JC 2016 A Well-Balanced Precious Metals Mining Company With the completion of the Rochester expansion and the integration of Las Chispas, the Company’s combined gold and silver operations reflect a more balanced portfolio Third Quarter 2025 Revenue Mix Ag ~35% Au ~65% Las Chispas Palmarejo Kensington Rochester Wharf 55% 45%
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NYSE: CDE JC 2016 5 NYSE: CDE JC 2016 Note: Percentages may differ due to rounding. (1) Guidance as published by Coeur on October 29, 2025. (2) Percentage progress figures based on midpoint of guidance ranges. Comments Implied 4Q 2025Progress2 Updated Full-Year Guidance1YTD3Q 2025 Gold Production (oz) • YTD results reflect closing of SilverCrest transaction on February 1410,014 – 18,01474%50,000 – 58,00039,98616,540Las Chispas • Higher mill throughput • Increased recoveries20,894 – 30,89474%96,000 – 106,00075,10624,802Palmarejo • See comments under Silver Production for additional details12,544 – 20,04472%55,000 – 62,50042,45614,801Rochester • Higher grades due to enhanced mine flexibility21,999 – 31,99974%98,500 – 108,500 76,50127,231Kensington • Higher grades expected in the fourth quarter20,432 – 30,43274%93,000 – 103,00072,56827,990Wharf 85,883 – 131,38374%392,500 – 438,000306,617111,364Total Gold Production Silver Production (K oz) • See comments under Gold Production for additional details1,225 – 1,72572%5,000 – 5,5003,7751,572Las Chispas • See comments under Gold Production for additional details1,065 – 1,86577%6,000 – 6,8004,9351,514Palmarejo • Quarter-over-quarter increase driven by higher ore tons placed1,616 – 2,31669%6,000 – 6,7004,3841,644Rochester • Byproduct of gold production(12) - 3890%100 – 15011225Wharf 3,894 – 5,94473%17,100 – 19,15013,2074,756Total Silver Production Production Trends on Track Toward 2025 Guidance
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NYSE: CDE JC 2016 6 NYSE: CDE JC 2016 Financial Results Reflect Step Change Now Underway With the addition of Las Chispas, the expansion of Rochester, and the power of a well-balanced portfolio, coupled with higher metals prices, Coeur is seeing a step-change in its cash flow and margin profile Adjusted EBITDA/Margin 1,2,3 ($M) (1) See non ‐GAAP reconciliation tables in the appendix to this presentation. (2) 2025E EBITDA and Free Cash Flow based on midpoint of Company production guidance published on October 29, 2025, and updated forecast pricing of $4,000 gold and $50 silver. (3) Free cash flow is defined as cash flow from operating activities less capital expenditures. See reconciliation tables in the appendix to this presentation. Free Cash Flow1,2,3 ($M) > > 137% 174%
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NYSE: CDE JC 2016 7 NYSE: CDE JC 2016 Rapidly Strengthening Balance Sheet (1) See non-GAAP reconciliation tables in the appendix to this presentation. (2) Net debt equals total debt less cash and cash equivalents. LTM Adjusted EBITDA / Net Leverage Ratio1,2 ($M) Debt and Leverage Summary1,2 ($M) Sep. 30, 2025 Jun. 30, 2025 $290.6$290.45.125% senior notes due 2029 0.00.0Revolving credit facility 72.990.3Capital lease obligations $363.5$380.7TOTAL DEBT $266.3$111.6Cash and cash equivalents LEVERAGE RATIOS $807.8$634.8LTM adjusted EBITDA 0.4x0.6xTotal debt / LTM adjusted EBITDA 0.1x0.4xNet debt / LTM adjusted EBITDA 3Q 2025 Balance Sheet Highlights • ~10% of $75 million share repurchase program completed • Cash balance more than doubled to $266 million • Capital leases declined by 19% to $73 million • Net leverage ratio decreased to 0.1x >
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NYSE: CDE JC 2016 8 NYSE: CDE JC 2016 ($M, except metal sales, adj. EBITDA margin and per share and per ounce amounts) 3Q 2025 2Q 2025 QoQ ∆ 3Q 2024 YoY ∆ Metal Sales Avg. Realized Price Per Ounce (Au) $3,148 $3,021 4% $2,309 36% Avg. Realized Price Per Ounce (Ag) $38.93 $33.72 15% $29.86 30% Gold ounces sold (oz) 114,495 106,948 7% 96,913 18% Silver ounces sold (M oz) 5.0 4.7 7% 3.0 66% Key Financials Revenue $554.6 $480.7 15% $313.5 77% Exploration investment1 $30.3 $29.9 1% $24.5 23% Net income (loss) $266.8 $70.7 277% $48.7 448% Cash flow from operating activities $237.7 $207.0 15% $111.1 114% Capital expenditures $49.0 $60.8 (19%) $42.0 17% Free cash flow2,3 $188.7 $146.1 29% $69.1 173% Adjusted Financials Adjusted CAS AuOz2 $1,215 $1,260 (4%) $1,113 9% Adjusted CAS AgOz2 $14.95 $13.41 11% $15.67 (5%) Adjusted net income (loss)2 $147.3 $127.4 16% $47.2 212% Adjusted EBITDA2 $299.1 $243.5 23% $126.0 137% Adjusted EBITDA margin2 54% 51% 3% 40% 14% LTM Adjusted EBITDA2 $807.8 $634.8 27% $287.1 181% LTM Adjusted EBITDA margin2 47% 43% 4% 28% 19% Cash flow from operating activities (before changes in working capital)2 $238.7 $161.6 48% $86.9 175% Per Share Financials Net income (loss) per share $0.41 $0.11 273% $0.12 239% Adjusted net income (loss) per share $0.23 $0.20 16% $0.12 96% Summary of Quarterly Financial Results Note: “NM” means not meaningful. Percentages may differ due to rounding. (1) Exploration investment includes expensed and capitalized exploration. (2) See non ‐GAAP reconciliation tables in the appendix to this presentation. (3) Free cash flow is defined as cash flow from operating activities less capital expenditures. See reconciliation tables in the appendix to this presentation.
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NYSE: CDE JC 2016 9 NYSE: CDE JC 2016 Subsiding Inflationary Cost Pressures Diesel Cost Per Gallon Materials, Parts & Supplies Cost Per Ore Ton Mined Overall, Coeur has seen inflationary pressures subside in recent quarters – particularly compared to two years ago – which is leading to strong margin expansion with higher gold and silver prices Power Cost Per KilowattLabor Cost Per Employee ($K) (13%) 11% (15%) (11%)
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NYSE: CDE JC 2016 10 NYSE: CDE JC 2016 1.1 1.2 1.2 1.3 161 180 193 191 2021 2022 2023 2024 Rochester Expansion Overview Rochester is one of the largest operations of its kind in the world and is America’s largest source of domestically produced and refined silver. 2025 represents the first full year post-expansion with ~50% expected production increases, >10% lower expected costs, and a substantially larger reserve base Production and Cost Profile Proven and Probable Reserves 3 Operating and Cash Flow Trends Silver production (K oz) Gold production (K oz) Adj. CAS per AgOz2 Adj. CAS per AuOz2 Silver (M oz)Gold (M oz) 1 20% 18% (1) Guidance as published by Coeur on October 29, 2025. (2) See applicable non-GAAP reconciliation tables in the appendix to this presentation. (3) See slides in appendix for additional information related to mineral reserves and resources. 44% 51% 3Q 20252Q 20251Q 20254Q 20253Q 2024 8.3M7.9M7.0M8.2M7.1MOre tons placed 6.3M6.7M5.5M5.1M6.4MCrushed ore tons placed $41.2$39.6($7.0)$26.0$3.2Operating cash flow ($M) $29.6$15.1($21.8)$12.2($6.9)Free cash flow ($M)
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NYSE: CDE JC 2016 11 NYSE: CDE JC 2016 16% 28% 45% 24% 28% 15% 84% 72% 55% 76% 72% 85% $51 $71 $48 $41 $60 $85 2020 2021 2022 2023 2024 2025E 16% 23% 44% 17% 20% 23% 16% 10% 9% 18% 4% 20% 20% 17% 15% 10% 15% 3% Sustaining a Higher Level of Exploration Investment The Company remains focused on generating high returns from exploration in 2025, with significant investments at targeting resource expansion at Palmarejo, Las Chispas and Silvertip, targeting reserve increases at Kensington and Wharf, and targeting higher grades earlier in Rochester mine life Total Exploration Investment ($M) (1) Guidance as published by Coeur on October 29, 2025. (2) Actual figure excludes approximately $16 million associated with underground mine development and support costs at Silvertip. (3) Figures and percentages reflect midpoint of guidance as published by Coeur on October 29, 2025. (4) Figures exclude $17 - $22 million associated with underground mine development and support costs at Silvertip. 2025E Exploration Investment by Site 1,2,3,4 Expensed Capitalized + Expensed Capitalized $67M-$77M $10M-$16M $77M-$93M 3,4 Palmarejo Rochester KensingtonLas Chispas OtherSilvertipWharf 2
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NYSE: CDE JC 2016 12 NYSE: CDE JC 2016 30% 70% 16% 14% 31% 29% 7% 3% 23% 77% 17% 40% 37% 4% 2% Investing in Organic Growth Opportunities Note: Capital expenditures includes capitalized exploration. Percentage may differ due to rounding. (1) Guidance as published by Coeur on October 29, 2025. Percentages based on midpoint of 2025 guidance. (2) Sustaining capital expenditures net of capital leases. Capital Expenditures by Mine (% companywide total) Capital Expenditures Composition (% companywide total) 2025 Key Capital Investments Implied 4Q 2025Progress1 Full-Year Guidance13Q 2025 • Underground development$6M - $10M76% $30M - $34M$10M Las Chispas • Underground mine development in new mine areas driven by ongoing exploration success $9M -- $15M59%$26M - $32M$6MPalmarejo • Crusher optimization projects • Phase 2 development of Leach Pad VI $6M - $19M80% $57M - $70M$12M Rochester • Tailings dam lift to support extended mine life $8M - $17M80% $55M - $64M$16M Kensington • Infrastructure investments to support anticipated material mine life extension $(1)M - $3M94% $13M - $17M$3M Wharf • Infrastructure investments to support exploration $1M - $3M71%$6M - $8M$3MSilvertip $28M - $66M77% $187M - $225M$49M TOTAL DevelopmentSustaining2 2025E1 $187M-$225M 2024 $183M 2025E1 $187M-$225M 2024 $183M Las Chispas Palmarejo Kensington Rochester Wharf Silvertip
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NYSE: CDE JC 2016 13 NYSE: CDE JC 2016 Looking Ahead: Key Deliverables for 4Q 2025 • Maintain sector-leading safety performance • Continue delivering higher crushing rates at targeted PSD at Rochester • Build cash and further strengthen the balance sheet • Deliver results from high-return exploration investments • Carry out exploration program at Silvertip to support Initial Assessment • Continue repurchasing shares under the $75 million repurchase program
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NYSE: CDE JC 2016 14 NYSE: CDE JC 2016 2025 Production and CAS Guidance Refined 1 Note: The Company’s updated guidance figures assume estimated prices of $3,411/oz gold and $37.82/oz silver as well as CAD of 1.38 and MXN of 20.0. Guidance figures exclude the impact of any metal sales or foreign exchange hedges. Updated1Previous3Production Outlook Silver (K oz)Gold (oz)Silver (K oz)Gold (oz) 5,000 – 5,50050,000 – 58,0004,250 – 5,25042,500 – 52,500Las Chispas 6,000 – 6,80096,000 – 106,0005,400 – 6,50095,000 – 105,000Palmarejo 6,000 – 6,70055,000 – 62,5007,000 – 8,30060,000 – 75,000Rochester -98,500 – 108,500-92,500 – 107,500Kensington 100 – 15093,000 – 103,00050 – 20090,000 – 100,000Wharf 17,100 – 19,150392,500 – 438,00016,700 – 20,250380,000 – 440,000Consolidated Capital, Exploration, G&A and Income and Mining Tax Guidance CommentsUpdated1Previous3($M) $142 - $156$142 - $156Capital Expenditures, Sustaining4 $55 - $69$55 - $69Capital Expenditures, Development $67 - $77$67 - $77Exploration, Expensed5 $10 - $16$10 - $16Exploration, Capitalized • Increased non-cash equity compensation$50 - $55$48 - $52General & Administrative Expenses 27% - 33%-Effective Tax Rate (%) $165 - $195-Cash Taxes (1) Guidance as published by Coeur on October 29, 2025. Las Chispas guidance reflects results from the February 14 closing of thea c q u i s i t i o n . (2) See non-GAAP reconciliation tables in the appendix to this presentation. (3) Guidance as published by Coeur on August 6, 2025. (4) Sustaining capital excluding capital leases. The Company had elected to fund approximately $10 million of 2025 sustaining capital with cash instead of capital leases as previously reflected in 2025 guidance. (5) Figures exclude $17 - $22 million associated with underground mine development and support costs at Silvertip. Updated1Previous3CAS Outlook 2 Silver (K oz)Gold (oz)Silver (K oz)Gold (oz) $9.25 - $10.25$850 - $950$9.25 - $10.25$850 - $950Las Chispas (co-product) $15.00 - $16.00$890 - $960$17.00 - $18.00$950 - $1,150Palmarejo (co-product) $17.00 - $18.50$1,550 - $1,650$14.50 - $16.50$1,250 - $1,450Rochester (co-product) -$1,700 - $1,800-$1,700 - $1,900Kensington -$1,125 - $1,225-$1,250 - $1,350Wharf (by-product)
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NYSE: CDE JC 2016 15 NYSE: CDE JC 2016 Responsibility Highlights
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NYSE: CDE JC 2016 16 NYSE: CDE JC 2016 Employees ‘Agree’ or ‘Strongly Agree’ Coeur prioritizes an inclusive, ethical, and safety-focused culture that supports continuous improvement and engagement across all levels of the workforce Culture as a Core Strength Consistent Employee Confidence: While overall favorability remained stable, employees expressed strong confidence in safety training, environmental responsibility, and ethical reporting practices Action and Impact: High engagement demonstrates that employees see their feedback driving action, reinforcing Coeur’s ability to adapt, retain talent, and sustain operational excellence I feel effectively trained to be safe at work I feel safe performing my job My mine site is committed to minimizing its impact on the environment If I see something unsafe, I am comfortable saying something If I observe misconduct, I know how to report it Our fourth biennial culture survey achieved a 92% participation rate, surpassing industry benchmarks and improving 13% over 2023 and 44% since 2019, reflecting growing trust and engagement
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NYSE: CDE JC 2016 17 NYSE: CDE JC 2016 Industry-Leading Safety Performance Coeur has been certified in the National Mining Association’s CORESafety program since 2017 and completed its recertification in July 2021 Lost-Time Injury Frequency Rate (1) Source(s): U.S. Department of Labor Mine Safety and Health Administration (MSHA): Metal Operators Mine Safety and Health Statistics. Injuries per 200,000 employee-hours worked. (2) Includes both Coeur employees and contract workers. (3) MSHA data January to September 2025 (preliminary). Total Reportable Injury Frequency Rate Industry average1 Coeur Mining2 Industry average1 Coeur Mining2 Coeur’s injury frequency rate remains significantly below industry averages, resulting in the lowest Total Reportable Injury Frequency Rate and safest company according to MSHA among peers in 2024 3 3
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NYSE: CDE JC 2016 18 NYSE: CDE JC 2016 Appendix
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NYSE: CDE JC 2016 19 NYSE: CDE JC 2016 Las Chispas (1) As of December 31, 2024. (2) Guidance (or with respect to percentages, midpoint of guidance) as published by Coeur on October 29, 2025. (3) See slides in appendix for additional information related to mineral reserves and resources. The Las Chispas silver-gold operation is located in the state of Sonora, Mexico, and is an underground mine with processing operations as well as several other deposits and exploration targets Share of Companywide 2025E 2 Production Gold 415,250 oz Silver 18.1M oz Asset Overview 100%Ownership 314Employees1 3,462 net acresClaims UndergroundType Crushing, grinding, CIL, Merrill-Crowe precipitation, refiningProcessing Silver and gold doréMetals ~7 yearsMine life 357 33.5 2024 Silver (M oz)Gold (K oz) 144 10.1 2024 Reserves & Resources 3 P&P Reserves M&I Resources InferredResources 156 14.4 2024
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NYSE: CDE JC 2016 20 NYSE: CDE JC 2016 Operating cash flow Capital expenditures Gold production (K oz) Silver production (K oz) Adj. CAS per AuOz3 Adj. CAS per AgOz3 3Q 20252Q 20251Q 2025 137,447125,39876,855UG tons mined $135$129$115UG mining costs per UG ton mined $37$41$42Processing costs per ton processed4 $26$35$28G&A per ton processed5 Las Chispas (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Costs Per Ton ($) 1 2 2 2 (1) 1Q25 operating cash flow includes $72.0M of monetized finished goods following the SilverCrest acquisition on February 14. (2) 1Q25 reflects six weeks of operations following the SilverCrest acquisition on February 14. (3) See applicable non-GAAP reconciliation tables in the appendix to this presentation. (4) Excludes third-party refining charges. (5) Excludes management fee allocated from corporate.
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NYSE: CDE JC 2016 21 NYSE: CDE JC 2016 24% Palmarejo (1) As of December 31, 2024. (2) Guidance (or with respect to percentages, midpoint of guidance) as published by Coeur on October 29, 2025. (3) See slides in appendix for additional information related to mineral reserves and resources. The Palmarejo gold-silver complex is located in the state of Chihuahua, Mexico, and is an underground mine with processing operations as well as several other deposits and exploration targets Reserves & Resources 3 Share of Companywide 2025E 2 Production Gold 415,250 oz Silver 18.1M oz P&P Reserves M&I Resources Silver (M oz)Gold (K oz) InferredResources 693 681 50.5 46.0 2019 2024 425 1,423 34.5 89.9 2019 2024 367 643 26.3 34.7 2019 2024 Asset Overview 100%Ownership 869Employees1 67,296 net acresClaims UndergroundType Crushing, grinding, flotation, CIL, Merrill- Crowe precipitation, refiningProcessing Silver and gold doréMetals ~6 yearsMine life
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NYSE: CDE JC 2016 22 NYSE: CDE JC 2016 Operating cash flow Capital expenditures Gold production (K oz) Silver production (K oz) Adj. CAS per AuOz1 Adj. CAS per AgOz1 3Q 20252Q 20251Q 20254Q 20243Q 2024 484,417504,673444,025416,977412,201UG tons mined $55$54$54$61$64UG mining costs per UG ton mined $27$28$27$29$28Processing costs per ton processed2 $14$15$13$17$14G&A per ton processed3 Palmarejo (cont.) (1) See applicable non-GAAP reconciliation tables in the appendix to this presentation. (2) Excludes third-party refining charges. (3) Excludes management fee allocated from corporate. Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Costs Per Ton ($)
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NYSE: CDE JC 2016 23 NYSE: CDE JC 2016 737 1,298 117.5 191.0 2019 2024 Rochester (1) As of December 31, 2024. (2) Guidance (or with respect to percentages, midpoint of guidance) as published by Coeur on October 29, 2025. (3) See slides in appendix for additional information related to mineral reserves and resources. The Rochester mine is an open pit, heap leach silver-gold operation, located in northern Nevada, which completed a significant expansion that is driving a step-change in production and cash flow Reserves & Resources 3 Share of Companywide 2025E 2 Production Gold 415,250 oz Silver 18.1M oz P&P Reserves M&I Resources InferredResources Asset Overview 100%Ownership 431Employees1 17,044 net acresClaims Open pit and heap leachType Crushing, dump heap leaching, Merrill-Crowe precipitation, refiningProcessing Silver and gold doréMetals ~16 yearsMine life Silver (M oz)Gold (K oz) 546 260 82.8 36.9 2019 2024 378 258 60.8 41.8 2019 2024
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NYSE: CDE JC 2016 24 NYSE: CDE JC 2016 Rochester (cont.) (1) See applicable non-GAAP reconciliation tables in the appendix to this presentation. (2) Excludes third-party refining charges. (3) Excludes management fee allocated from corporate. Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Costs Per Ton ($) Operating cash flow Capital expenditures Silver production (K oz) Gold production (K oz) Adj. CAS per AgOz1 Adj. CAS per AuOz1 3Q 20252Q 20251Q 20254Q 20243Q 2024 8,170,8367,545,2646,745,6678,124,7376,523,611Ore tons mined 0.2:10.1:10.2:10.1:10.3:1Strip Ratio $2.28$2.22$2.32$2.18$2.32Mining costs per ton mined $3.62$3.58$3.81$3.14$3.71Processing costs per ton processed2 $1.21$1.07$1.17$0.93$1.29G&A per ton processed3
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NYSE: CDE JC 2016 25 NYSE: CDE JC 2016 Kensington (1) As of December 31, 2024. (2) Guidance (or with respect to percentages, midpoint of guidance) as published by Coeur on October 29, 2025. (3) See slides in appendix for additional information related to mineral reserves and resources. 366 501 2019 2024 The Kensington mine is an underground gold operation located in southeast Alaska, consisting of the Kensington Main deposit and Elmira deposit, as well as other nearby deposits and exploration targets Reserves & Resources 3 Share of Companywide 2025E 2 Production Gold P&P Reserves M&I Resources InferredResources Asset Overview 100%Ownership 374Employees1 12,336 net acresClaims UndergroundType Crushing, grinding, flotation processingProcessing Gold concentrateMetals ~5 yearsMine life Gold (K oz) 762 886 2019 2024 358 228 2019 2024 415,250 oz
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NYSE: CDE JC 2016 26 NYSE: CDE JC 2016 3Q 20252Q 20251Q 20254Q 20243Q 2024 168,544197,710173,370210,692168,403Ore tons mined $138$124$133$100$109Mining costs per ton mined $53$48$50$49$54Processing costs per ton processed3 $53$48$50$51$49G&A per ton processed4 Kensington (cont.) (1) See applicable non-GAAP reconciliation tables in the appendix to this presentation. (2) Excludes impact of prepayments. (3) Excludes third-party smelting charges, which are reflected in average realized selling prices of concentrate production. (4) Excludes management fee allocated from corporate. Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Costs Per Ton ($) Operating cash flow2 Capital expenditures Gold production (K oz) Adj. CAS per AuOz1
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NYSE: CDE JC 2016 27 NYSE: CDE JC 2016 Wharf (1) As of December 31, 2024. (2) Guidance (or with respect to percentages, midpoint of guidance) as published by Coeur on October 29, 2025. (3) See slides in appendix for additional information related to mineral reserves and resources. The Wharf mine is an open pit, heap leach gold operation located in western South Dakota. The property consists of several areas of adjoining gold mineralization, which have been mined as a series of open pits Reserves & Resources 3 Share of Companywide 2025E 2 Production Gold P&P Reserves M&I Resources InferredResources Asset Overview 100%Ownership 258Employees1 7,852 net acresClaims Open pit and heap leachType Crushing, “on-off” heap leaching, spent ore neutralization, carbon absorption/desorptionProcessing Electrolytic cathodic sludgeMetals ~6 yearsMine life 415,250 oz Gold (K oz) 768 757 2019 2024 334 1,019 2019 2024 81 470 2019 2024 1%Silver 18.1M oz
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NYSE: CDE JC 2016 28 NYSE: CDE JC 2016 Wharf (cont.) (1) See applicable non-GAAP reconciliation tables in the appendix to this presentation. (2) Excludes third-party refining charges. (3) Excludes management fee allocated from corporate. Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Costs Per Ton ($) 3Q 20252Q 20251Q 20254Q 20243Q 2024 1,422,8451,103,605826,699958,3941,759,149Ore tons mined 1.5:11.4:12.5:13.2:11.3:1Strip Ratio $3.39$3.88$3.43$2.87$3.04Mining costs per ton mined $0.61$0.92$1.30$0.61$0.46Pad unload costs per ton mined $3.99$4.79$4.72$3.47$3.49Total mining costs per ton mined (incl. pad unload) $4.98$5.12$5.81$6.01$4.76Processing costs per ton processed2 $3.18$3.88$3.59$3.70$2.70G&A per ton processed3 Operating cash flow Capital expenditures Gold production (K oz) Adj. CAS per AuOz1
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NYSE: CDE JC 2016 29 NYSE: CDE JC 2016 Silvertip (1) As of December 31, 2024. (2) See slides in appendix for additional information related to mineral reserves and resources. The Silvertip critical minerals exploration project is one of the highest-grade polymetallic projects in the world. The site is located in northern British Columbia, Canada and sits within a highly prospective land package Silver (M oz) Zinc (M lb) Lead (M lb) M&I Resources InferredResources Reserves & Resources 2 Asset Overview 100%Ownership 71Employees1 313,555 net acresClaims UndergroundType Crushing, grinding, flotation processing, concentrate thickeningProcessing Lead concentrate, zinc concentrateMetals 11.6 57.7 305.0 1,516.8 143.9 768.7 2019 2024 8.2 16.1 182.2 481.8 105.3 199.8 2019 2024
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NYSE: CDE JC 2016 30 NYSE: CDE JC 2016 Non-GAAP Reconciliations
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NYSE: CDE JC 2016 31 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation for Guidance Costs Applicable to Sales Guidance for 2025 Wharf KensingtonRochesterPalmarejoLas Chispas($ thousands, except metal sales and per ounce amounts) $124,863$218,752$269,238$235,309$158,700Costs applicable to sales, including amortization (U.S. GAAP) (6,527)(38,994)(73,221)(39,018)(50,909)Amortization $118,336 $179,758 $196,017$196,291 $107,791 Reported costs applicable to sales (4,257)----By-product credit $114,079$179,758$(342,459)$196,291$107,791Adjusted costs applicable to sales Metal Sales 96,800 103,700 60,100100,400 56,000 Gold ounces 127,000 6,192,0006,513,000 5,443,000 Silver ounces Revenue Split 100% 100% 47%48% 49% Gold 53%52% 51% Silver Costs applicable to sales $1,125 - $1,225$1,700 - $1,800 $1,450 - $1,550$890 - $960$850 - $950Gold ($/oz)1 $16.50 - $18.00$15.50 - $16.50$9.25 - $10.25Silver ($/oz)1 Unaudited (1) Cost guidance for Rochester reflects the second half of 2024.
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NYSE: CDE JC 2016 32 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation TotalSilvertipWharf KensingtonRochesterPalmarejoLas Chispas($ thousands, except metal sales and per ounce amounts) $321,446$989$32,689$57,144$70,487$61,125$99,012Costs applicable to sales, including amortization (U.S. GAAP) (72,710)(989)(1,762)(10,435)(18,501)(10,115)(30,908)Amortization $248,736-$30,927$46,709 $51,986 $51,010 $68,104Reported costs applicable to sales (1,162)-(23)(272)(473)(358)(36)Inventory adjustments (33,443)-----(33,443)Acquired inventory purchase price allocation (805)-(846)41 ---By-product credit $213,326-$30,058 $46,478 $51,513$50,652 $34,625Adjusted costs applicable to sales Metal Sales 114,49527,85928,01113,97526,85017,800Gold ounces 4,985,952-21,6501,656,3361,633,1961,674,770Silver ounces Revenue Split 100%100%43%47%48%Gold -57%53%52%Silver Adjusted costs applicable to sales $1,215$1,079$1,659 $1,585 $887 $934Gold ($/oz) $14.95-$17.73$16.44$10.75Silver ($/oz) Costs Applicable to Sales 3 months ended September 30, 2025Unaudited
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NYSE: CDE JC 2016 33 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation TotalSilvertipWharf KensingtonRochesterPalmarejoLas Chispas($ thousands, except metal sales and per ounce amounts) $290,681$928$30,542$56,304$64,676$58,109$80,122Costs applicable to sales, including amortization (U.S. GAAP) (61,227)(928)(1,549)(10,221)(16,748)(9,406)(22,375)Amortization $229,454-$28,993$46,083 $47,928 $48,703 $57,747Reported costs applicable to sales (1,572)-(191)(222)(489)(147)(523)Inventory adjustments (29,681)-----(29,681)Acquired inventory purchase price allocation (1,229)-(1,188)(41) ---By-product credit $196,972-$27,614 $45,820 $47,439$48,556 $27,543Adjusted costs applicable to sales Metal Sales 106,94823,50926,75113,88126,78216,025Gold ounces 4,672,520-34,9161,437,8111,720,3831,479,410Silver ounces Revenue Split 100%100%49%49%52%Gold -51%51%48%Silver Adjusted costs applicable to sales $1,260$1,175$1,713 $1,675 $888 $894Gold ($/oz) $13.41-$16.83$14.40$8.94Silver ($/oz) Costs Applicable to Sales 3 months ended June 30, 2025Unaudited
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NYSE: CDE JC 2016 34 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation TotalSilvertipWharf KensingtonRochesterPalmarejoLas Chispas($ thousands, except metal sales and per ounce amounts) $247,181$946$28,511$49,627$63,443$52,884$51,770Costs applicable to sales, including amortization (U.S. GAAP) (42,915)(946)(1,474)(7,471)(14,907)(9,181)(8,936)Amortization $204,266-$27,034$42,156 $48,536 $43,703 $42,834Reported costs applicable to sales (1,906)-(131)(339)(372)(164)(900)Inventory adjustments (27,040)-----(27,040)Acquired inventory purchase price allocation (1,644)-(1,608)(36) ---By-product credit $173,676-$25,298 $41,781 $48,164$43,539 $14,894Adjusted costs applicable to sales Metal Sales 89,31620,07822,20514,71322,7139,607Gold ounces 3,892,153-50,0341,282,0101,636,386923,723Silver ounces Revenue Split 100%100%51%46%48%Gold -49%54%52%Silver Adjusted costs applicable to sales $1,330$1,260$1,882 $1,670 $882 $744Gold ($/oz) $14.28-$18.41$14.37$8.38Silver ($/oz) Costs Applicable to Sales 3 months ended March 31, 2025Unaudited
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NYSE: CDE JC 2016 35 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation (cont.) TotalSilvertipWharf KensingtonRochesterPalmarejo($ thousands, except metal sales and per ounce amounts) $730,387$3,235$104,853 $185,958$195,904$240,473Costs applicable to sales, including amortization (U.S. GAAP) (124,195)(3,235)(6,487)(28,201)(41,293)(44,979)Amortization $606,192-$98,366$157,757 $154,611 $195,458 Reported costs applicable to sales (4,598)-(126)(361)(2,746)(1,365)Inventory adjustments (6,333)-(6,405)72 --By-product credit $595,261-$91,835 $157,468 $151,865$194,093Adjusted costs applicable to sales Metal Sales 340,81698,32795,36138,345108,783Gold ounces 11,418,821-232,7284,389,3786,796,715Silver ounces Revenue Split 100%100%42%50%Gold -58%50%Silver Adjusted costs applicable to sales $1,203$934$1,651 $1,663$892Gold ($/oz) $16.55-$20.07$14.28Silver ($/oz) Costs Applicable to Sales 12 months ended December 31, 2024Unaudited
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NYSE: CDE JC 2016 36 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation (cont.) TotalSilvertipWharf KensingtonRochesterPalmarejo($ thousands, except metal sales and per ounce amounts) $195,097$799$23,665 $48,195$67,406$55,032Costs applicable to sales, including amortization (U.S. GAAP) (36,361)(799)(1,607)(8,547)(15,858)(9,550)Amortization $155,595-$22,058 $39,648 $51,548 $45,482 Reported costs applicable to sales (1,504)-(56)(182)(1,190)(76)Inventory adjustments (1,637)-(1,680)43 --By-product credit $155,595-$20,322 $39,509 $50,358$45,406Adjusted costs applicable to sales Metal Sales 85,55522,53925,83914,82422,353Gold ounces 3,221,323-54,0001,570,4481,596,875Silver ounces Revenue Split 100%100%44%44%Gold -56%56%Silver Adjusted costs applicable to sales $1,192$902$1,529 $1,495$894Gold ($/oz) $16.93-$17.96$15.92Silver ($/oz) Costs Applicable to Sales 3 months ended December 31, 2024Unaudited
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NYSE: CDE JC 2016 37 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation (cont.) TotalSilvertipWharf KensingtonRochesterPalmarejo($ thousands, except metal sales and per ounce amounts) $189,782$794$34,198 $45,711$49,640$59,439Costs applicable to sales, including amortization (U.S. GAAP) (33,040)(794)(2,419)(7,612)(10,231)(11,984)Amortization $156,742-$31,779 $38,099 $39,409 $47,455 Reported costs applicable to sales (1,177)-(119)50(536)(572)Inventory adjustments (1,320)-(1,332)12 --By-product credit $154,245-$30,328 $38,161 $38,873$46,883Adjusted costs applicable to sales Metal Sales 96,91334,27224,8009,18628,655Gold ounces 3,004,501-45,1181,098,4071,860,976Silver ounces Revenue Split 100%100%41%50%Gold -59%50%Silver Adjusted costs applicable to sales $1,113$885$1,539 $1,735$818Gold ($/oz) $15.67-$20.88$12.60Silver ($/oz) Costs Applicable to Sales 3 months ended September 30, 2024Unaudited
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NYSE: CDE JC 2016 38 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation (cont.) Adjusted Net Income (Loss)Unaudited 1Q 20242Q 20243Q 20244Q 202420241Q 20252Q 20253Q 2025($ thousands) ($29,117)$1,426$48,739$37,853$58,900$33,353$70,726$266,824Net income (loss) -----346(4)-Fair value adjustments, net 484(2,950)(2,247)265(4,448)57428,07211,831Foreign exchange (gain) loss 3,536640176(103)4,250186117113(Gain) loss on sale of assets and securities -(1,199)-(95)(1,294)-(37)-RMC bankruptcy distribution (438)21--(417)--6(Gain) loss on debt extinguishments --9767,5418,5178,8872,823451Transaction costs -----27,04029,68133,443Acquired inventory purchase price 5,46110481(215)5,429(270)1,6567,630Other Adjustments 1,053(1,447)(568)142(820)(10,230)(5,633)(173,022)Tax effect of adjustments ($19,021)($3,405)$47,157$45,388$70,117$59,886$127,401$147,276Adjusted net income (loss) (0.05)(0.01)0.120.120.180.120.200.23Adjusted net income (loss) per share - Basic (0.05)(0.01)0.120.110.180.110.200.23Adjusted net income (loss) per share - Diluted
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NYSE: CDE JC 2016 39 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation (cont.) Adjusted EBITDAUnaudited 1Q 20242Q 20243Q 20244Q 202420241Q 20252Q 20253Q 2025($ thousands) ($29,117)$1,426$48,739$37,853$58,900$33,353$70,726$266,824Net income (loss) 12,94713,16213,28011,88651,27610,4508,2516,273Interest expense, net of capitalized interest 16,0247,18925,81718,42067,45018,41362,595(96,881)Income tax provision (benefit) 27,29727,92833,21636,533124,97443,09361,42172,930Amortization 27,15149,705121,052104,692302,600105,309202,993249,146EBITDA -----346(4)-Fair value adjustments, net 365(2,089)(1,708)(1,321)(4,753)758(246)2,080Foreign exchange (gain) loss 4,0764,1544,2334,31416,7784,7324,9004,988Asset retirement obligation accretion 4,1881,0711,2311,5528,0421,9281,5981,198Inventory adjustments and write-downs 3,536640176(103)4,250186117113(Gain) loss on sale of assets and securities -(1,199)-(95)(1,294)-(37)-RMC bankruptcy distribution (438)21--(417)--6(Gain) loss on debt extinguishment --9767,5418,5178,8872,823451Transaction costs -----27,04029,68133,443Acquired inventory purchase price 5,46110481(215)5,429(270)1,6567,630Other adjustments $44,339$52,407$126,041$116,365$339,152$148,916$243,481$299,055Adjusted EBITDA $213,060$222,026$313,476$305,444$1,054,006$360,062$480,650$554,567Revenue 21%24%40%38%32%41%51%54%Adjusted EBITDA Margin
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NYSE: CDE JC 2016 40 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation (cont.) LTM Adjusted EBITDAUnaudited 1Q 20242Q 20243Q 20244Q 20241Q 20252Q 20253Q 2025($ thousands) ($108,142)($74,305)($4,457)$58,900$121,370$190,670$408,755Net income (loss) 34,65640,90746,78551,27648,77943,86836,861Interest expense, net of capitalized interest 40,47237,79557,51567,45069,839125,2452,547Income tax provision (benefit) 104,411112,744123,076124,974140,770174,263213,977Amortization 71,397117,141222,919302,600380,758534,046662,140EBITDA 7,1773,2551,245-346342342Fair value adjustments, net (330)(1,792)(3,079)(4,753)(4,360)(2,517)1,271Foreign exchange (gain) loss 16,48816,56916,64916,77817,43418,18018,935Asset retirement obligation accretion 33,18932,65724,9548,0425,7826,3096,276Inventory adjustments and write-downs 28,72416,74216,9004,250900377314(Gain) loss on sale of assets and securities (1,516)(1,199)(1,199)(1,294)(1,294)(132)(132)RMC bankruptcy distribution (3,875)(893)(119)(417)21-6(Gain) loss on debt extinguishment --9768,51717,40420,22719,702Transaction costs ----27,04056,72190,164Acquired inventory purchase price 10,2599,2067,8335,429(302)1,2508,799Other Adjustments $161,513$191,686$287,079$339,152$443,728$634,803$807,817Adjusted EBITDA $846,968$891,759$1,010,652$1,054,006$1,201,008$1,459,632$1,700,723Revenue 19%21%28%32%37%43%47%Adjusted EBITDA Margin
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NYSE: CDE JC 2016 41 NYSE: CDE JC 2016 Non-GAAP to U.S. GAAP Reconciliation (cont.) 1Q 20242Q 20243Q 20244Q 202420241Q 20252Q 20253Q 2025($ thousands) ($15,871)$15,249$111,063$63,793$174,234$67,635$206,951$237,706Cash flow from operating activities (42,083)(51,405)(41,980)(47,720)(183,188)(50,002)(60,807)(49,034)Capital expenditures ($57,954)($36,156)$69,083$16,073($8,954)$17,633$146,144$188,672Free cash flow Unaudited Free Cash Flow 1Q 20242Q 20243Q 20244Q 202420241Q 20252Q 20253Q 2025($ thousands) ($15,871)$15,249$111,063$63,793$174,234$67,635$206,951$237,706Cash flow from operating activities Changes in operating assets and liabilities: 5,316(3,180)(1,616)(16)504(3,945)4,7667,132Receivables 639(4,176)352408(2,777)(82,065)(2,424)7,489Prepaid expenses and other 19,69419,77414,32015,85269,6408,34814,1255,011Inventories (40,385)(185)(37,187)(1,485)(79,242)63,743(61,845)(18,636)Accounts payable and accrued liabilities ($30,607)$27,482$86,932$78,552$162,359$53,716$161.573$238,702 Cash flow from operating activities (before changes in working capital) Leverage Ratios Unaudited Cash Flow From Operating Activities Before Changes in Working Capital Unaudited 1Q 20242Q 20243Q 20244Q 20241Q 20252Q 20253Q 2025($ thousands) $67,489$74,136$76,916$55,087$77,574$111,646$266,342Cash and cash equivalents 585,552629,327605,183590,058498,269380,722363,516Total debt 518,063555,191528,267534,971420,695269,07697,174Net debt $161,514$191,686$287,079$339,152$443,729$634,803$807,817LTM adjusted EBITDA 3.6x3.3x2.1x1.7x1.1x0.6x0.4xTotal debt-to-LTM adjusted EBITDA 3.2x2.9x1.8x1.6x0.9x0.4x0.1xNet debt-to-LTM adjusted EBITDA
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NYSE: CDE JC 2016 42 NYSE: CDE JC 2016 Reserves and Resources 2024 Proven and Probable Mineral Reserves ContainedGrade Short tonsLocation Silver (oz)Gold (oz)Silver (oz/t)Gold (oz/t) PROVEN RESERVES 12,586,000118,00015.990.150787,000Sonora, MexicoLas Chispas 13,667,000205,0003.940.0593,473,000Chihuahua, MexicoPalmarejo 172,408,0001,116,0000.370.002468,432,000Nevada, USARochester -249,000-0.1861,340,000Alaska, USAKensington -199,000-0.0306,563,000South Dakota, USAWharf 198,660,0001,887,0000.410.004480,595,000Total PROBABLE RESERVES 20,931,000239,0007.750.0892,700,000Sonora, MexicoLas Chispas 32,307,000475,0003.860.0578,373,000Chihuahua, MexicoPalmarejo 18,632,000182,0000.320.00359,123,000Nevada, USARochester -252,000-0.1771,427,000Alaska, USAKensington -558,000-0.02422,993,000South Dakota, USAWharf 71,870,0001,706,0000.760.01894,615,000Total PROVEN AND PROBABLE RESERVES 33,516,000357,0009.610.1023,486,000Sonora, MexicoLas Chispas 45,974,000681,0003.880.05711,845,000Chihuahua, MexicoPalmarejo 191,040,0001,298,0000.360.002527,555,000Nevada, USARochester -501,000-0.1812,768,000Alaska, USAKensington -757,000-0.02629,556,000South Dakota, USAWharf 270,530,0003,593,0000.470.006575,211,000Total Proven and Probable Reserves
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NYSE: CDE JC 2016 43 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2024 Measured and Indicated Mineral Resources (excluding Reserves) ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) MEASURED RESOURCES 3,623,00035,00031.230.302116,000Sonora, MexicoLas Chispas 32,138,000474,0004.590.0686,996,000Chihuahua, MexicoPalmarejo 23,383,000144,0000.280.00282,371,000Nevada, USARochester -546,000-0.2542,150,000Alaska, USAKensington -175,000-0.01710,180,000South Dakota, USAWharf 115,648,000145,703,0007,749,000-7.88%9.93%10.56-734,000 British Columbia, CanadaSilvertip 115,648,000145,703,00066,894,0001,374,0000.650.013102,547,000Total INDICATED RESOURCES 10,798,000120,0009.870.1101,094,000Sonora, MexicoLas Chispas 57,777,000949,0003.760.06215,368,000Chihuahua, MexicoPalmarejo 13,541,000116,0000.340.00340,402,000Nevada, USARochester -340,000-0.2341,450,000Alaska, USAKensington -845,000-0.01749,155,000South Dakota, USAWharf 653,008,0001,371,074,00049,919,000-5.09%10.68%7.78-6,418,000 British Columbia, CanadaSilvertip 653,008,0001,371,074,000132,035,0002,370,0001.160.021113,887,000Total MEASURED AND INDICATED RESOURCES 14,421,000156,00011.910.1291,211,000Sonora, MexicoLas Chispas 89,915,0001,423,0004.020.06422,363,000Chihuahua, MexicoPalmarejo 36,924,000260,0000.300.002122,773,000Nevada, USARochester -886,000-0.2463,600,000Alaska, USAKensington -1,019,000-0.01759,335,000South Dakota, USAWharf 768,657,0001,516,777,00057,668,000-5.37%10.60%8.06-7,152,000 British Columbia, CanadaSilvertip 768,657,0001,516,777,000198,929,0003,744,0000.920.017216,434,000Total Measured and Indicated Resources
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NYSE: CDE JC 2016 44 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2024 Inferred Mineral Resources ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) INFERRED RESOURCES 10,088,000144,0007.910.1131,276,000Sonora, MexicoLas Chispas 34,748,000643,0005.280.0986,577,000Chihuahua, MexicoPalmarejo 41,838,000258,0000.360.002116,521,000Nevada, USARochester -228,000-0.230993,000Alaska, USAKensington -470,000-0.01826,735,000South Dakota, USAWharf 199,815,000481,791,00016,084,000-4.26%10.27%6.86-2,345,000 British Columbia, CanadaSilvertip 3,346,000531,0000.130.02125,736,000Nevada, USAWilco 199,815,000481,791,000106,104,0002,273,0000.460.013180,185,000Total Inferred Resources
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NYSE: CDE JC 2016 45 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2024 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2024 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 2 29) (SK1300) and were prepared by the Company’s technical staff. (2) Assumed metal prices for 2024 Mineral Reserves were $23.50 per ounce of silver, $1,800 per ounce of gold, $1.15 per pound of zinc, $0.95 per pound of l ead, except for Kensington at $2,000 per ounce of gold. (3) Palmarejo Mineral Reserve estimates use the following key input parame ters: assumption of conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 2.13–2.45 g/t AuEq and an incremental development cut-off grade 1.05 g/t AuEq; metallurgical recover y assumption of 92.0% for gold and 83.0% for silver; mining dilution assumes 0.3–1.5 meter of hanging/foot wall waste dilution; mining loss of 15% was applied; vari able mining costs that range from US$57.67–US$74.45/tonne, surface haulage costs of U S$4.29/tonne, process costs of US$31.06/tonne, general and administrat ive costs of US$15.95/tonne, and surface/auxiliary support costs of US$4.42/tonne. Excludes the impact of the Franco-Nevada gold stream agreement at Palmar ejo in calculation of Mineral Reserves. No assurances can be given that all mineral reserves will be mined, as mineralized material that may qualify as reser ves under applicable standards by virtue of having positive economics may not generate attractive enough returns to be included in our mine plans, due to factor ss u c ha st h e impact of the gold stream at Palmarejo. As a result, we may elect not to mine portions of the mineralized material reported as reserves. (4) Rochester Mineral Reserve estimates are tabulated within a confining p it design and use the following input parameters: Rochester oxide variabl e recovery Au = 77.7–85.9% and Ag = 59.4-61.0%; Rochester sulfide variable recovery Au = 15. 2–77.7% and Ag = 0.0–59.4%; with a net smelter return cutoff of $3.76/ton o xide and US$3.86/ton sulfide; Nevada Packard oxide recovery Au = 92.0% and Ag = 61 .0%; with a net smelter return cutoff of $4.24/ton for oxide; Lincoln Hill o xide recovery Au = 63.9% and Ag = 39.5%; with a net smelter return cutoff of $4.53/to n for oxide where the NSR is calculated as resource net smelter return (NSR )= silver grade (oz/ton) * silver recovery (%) * (silver price ($/oz) - refining cost ($/oz)) + gold grade (oz/ton) * gold recovery (%) * (gold price ($/oz) - refining cost ($/oz)); variable pit slope angles that approximately average 48º over the life-of-mine. (5) Kensington Mineral Reserve estimates use the following key input parame ters: assumption of conventional underground mining; gold price of $2,0 00/oz; reported above a gold cut-off grade of 0.133 oz/ton Au; metallurgical recovery assu mption of 94.2%; gold payability of 97.5%; mining dilution of 15-20%; minin gl o s so f1 2 % was applied; mining costs of US$116.09/ton mined; process costs of US$55.14 /ton processed; general and administrative costs of US$53.18/ton proce ssed; sustaining capital US$4.50/ton processed; and concentrate refining and shipping costs of US$97.48/oz sold. (6) Wharf Mineral Reserve estimates use the following key input parameters : Assumption of conventional open pit mining; reported above a gold cut-of f grade of 0.010 oz/ton Au; average metallurgical recovery assumption of 78.0%; royalty burden of US$140.40/oz Au; pit slope angles that vary from 34–50º; mining cos ts of US$2.56/ton mined, and process costs of US$12.02/ton processed (includes general & administrative and sustaining capital costs). (7) Las Chispas Mineral Reserve estimates uses the following key input para meters: assumption of conventional underground mining; reported above a silver cut-off grade of 250 g / tonne silver equivalent and an incr emental development cut-off grade of 63 g / tonne AgEq; metallurgical recovery assumption of 97.5% f or silver and 98.0% for gold; mining dilution assumes 5% for development, 1 meter to 1.5 meters of ELOS (0.5 m – 1.0 m of hanging wall and 0.25 m – 0.5 m of footwall dilution) depending on geotechnical conditions in each stoping location, 0.2 meter ELOS (0.1 m of hanging wall and 0.1 m of footwall dilution) for cut a nd fill, 0.4 meter ELOS (0.2 m of hanging wall and 0.2 m of footwall dilution), 0.25 m for each exposed backfill floor, and 0.5 m for each exposed backfill wall; miningloss of 2% for development and 5% for stoping was applied, additional losses have been included to account for the required pillars in uphole stopes that cannot b e filled; variable production mining costs that range from US$58.06–US$239.51/tonn e, development mining costs of US$27.40/tonne, process costs of US$45.7 2/tonne, site general and administrative costs of US$20.70/tonne, underground gene ral and administrative costs of US$12.81/tonne, and sustaining capital costs of US$7.64/tonne. (8) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, an d contained metal contents.
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NYSE: CDE JC 2016 46 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2024 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserv es, are current as of December 31, 2024, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Company’s technical staff. (2) Assumed metal prices for 2024 estimated Mineral Resources were $27.00 per ounce of silver, $2,100 per ounce of gold, $1.30 per pound of zinc, $1.00 p er pound of lead, unless otherwise noted. (3) Palmarejo Mineral Resource estimates use the following key input para meters: assumption of conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 1.83–2.10 g/t AuEq; metallurg ical recovery assumption of 92.0% for gold and 83.0% for silver; variabl e mining costs that range from US$57.67–US$74.45/tonne, surface haulage costs of US$4.29/tonne, process costs of US$31.06/tonne, general and administrative co sts of US$15.95/tonne, and surface/auxiliary support costs of US$4.42/tonne. Exc ludes the impact of the Franco-Nevada gold stream agreement at Palmarej oi n calculation of Mineral Resources. (4) Kensington Mineral Resource estimates use th e following key input parameters: Mineral Resour ce estimates use the following key input parameters: metal price of $2,300 per ounce gold, assumption of conventional longhole underground mi ning; reported above a variable gold cut-off grade of 0.115 oz/ton Au; meta llurgical recovery assumption of 94.2%; gold payability of 97.5%, mining costs of US $116.09/ton mined; process costs of US$55.14/ton processed; general and administrative costs of US$53.18/ton processed; sustaining capital US$4.50/ton processed; and concentrate refining and shipping costs of US$97.48/oz sold. (5) Wharf Mineral Resource estimates use the following key input parameters : assumption of conventional open pit mining; reported above a gold cut-off grade of 0.008 oz/ton Au; average metallurgical recovery assumption of 78.0% across all rock types; royalty burden of US$140.40/oz Au; pit slope angles that vary fr om 34–50º; mining costs of $2.56/ton mined, and process costs of US$12.02/ton processed (includes general & administrative and sustaining capital costs). (6) Rochester Mineral Resource estimates are tabulated within a confining pit shell and use the following input parameters: Rochester oxide variabl e recovery Au = 77.7–85.9% and Ag = 59.4%; Rochester sulfide variable recovery Au = 15.2–77.7% and Ag = 0.0–59.4%; with a net smelter return cutoff of $3.76/ton oxide a nd US$3.86/ton sulfide; Nevada Packard oxide recovery Au = 92.0% and Ag = 61.0%; with a net smelter return cutoff of $4.24/ton for oxide; Lincoln Hill oxider e c o v e r y Au = 63.9% and Ag = 39.5%; with a net smelter return cutoff of $4.53/ton for oxide, where the NSR is calculated as resource net smelter return (NSR) = silverg r a d e (oz/ton) * silver recovery (%) * (silver price ($/oz) - refining cost ($/oz)) + gold grade (oz/ton) * gold recovery (%) * (gold price ($/oz) - refining co st ($/oz)); variable pit slope angles that approximately average 48º over the life-of-mine. (7) Silvertip Underground Mineral Resource estimates are reported using a net smelter return (“NSR”) cutoff of US$130/tonne. Mineral Resources are reported insitu using the following assumptions: The estimates use the following key input pa rameters: lead recovery of 89-90%, zinc recovery of 82-83% and silver recovery of 83- 84%. Lead concentrate grade of 53-54%; zinc concentrate grade of 56-57%; m ining costs of US$68.77/tonne; proce ssing costs of US$58.20/tonne and US$46.49/tonne, where the NSR ($/tonne) = tonnes x grade x metal prices x metallurgical recoveries – royalties – TCRCs – transport costs over the life o ft h em i n e . 2023 metal prices were used to determine the mineral resource which were $25.00 per ounce of silver, $1.30 per pound of zinc, $1.00 per pound of lead. (8) Wilco Open Pit Mineral Resource estimates are reported using an equival ent gold cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1 .R e s o u r c e s are reported in-situ and contained withed a conceptual measured, indica ted and inferred optimized pit shell. Silver price of US$20/oz, gold price of US$1,400/oz. Average oxide and sulfide gold recovery is 70%, average carbonaceous gold recovery is 50%. Average oxide and sulfide gold recovery is 60%. Average carbonaceous silver recovery is 50%. Open pit mining cost is US$1.50/ton, processing and p rocessing and G&A cost is US$5.46/ton; average pit slope angles of 50º. Th e technical and economic parameters are those that were used in the 2018 Reso urce Estimation. Based on the QPs review of the estimate, there would be no material change to the mineral resources if a gold price of US$1,700/oz, a si lver price of US$22/oz or economic parameters were updated. Therefore the 2018 Mineral Resource report is considered current and is presented unchanged.
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NYSE: CDE JC 2016 47 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2024 Mineral Resources (cont.): (9) Las Chispas Mineral Resource estimates uses the following key input par ameters: assumption of conventional underground mining; reported above as i l v e rc u t - o f f grade of 205 g / tonne silver equivalent and an incr emental development cut-off grade of 54 g / tonne AgEq; metallurgical recovery assumption of 97.5% f or silver and 98.0% for gold; mining loss of 2% for development and 5% for stoping was a pplied, additional losses have been included to account for the required pi llars in uphole stopes that cannot be filled; variable production mining costs t hat range from US$58.06–US$239.51/t, development mining costs of US$27.40/ t, process costs of US$45.72/t, site general and administrative costs of US$20.70/t, underground general and administrative costs of US$12.81/t, and sustain ing capital costs of US$7.64/t. (10) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, a nd contained metal contents.
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NYSE: CDE JC 2016 48 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2023 Proven and Probable Mineral Reserves ContainedGrade Short tonsLocation Silver (oz)Gold (oz)Silver (oz/t)Gold (oz/t) PROVEN RESERVES 17,698,000252,0004.210.0604,203,000Chihuahua, MexicoPalmarejo 177,472,0001,135,0000.380.002465,919,000Nevada, USARochester -188,000-0.1861,009,000Alaska, USAKensington -188,000-0.0325,931,000South Dakota, USAWharf 195,170,0001,763,0000.410.004477,062,000Total PROBABLE RESERVES 33,283,000517,0003.880.0608,580,000Chihuahua, MexicoPalmarejo 15,413,000104,0000.350.00244,524,000Nevada, USARochester -223,000-0.2011,109,000Alaska, USAKensington -575,000-0.02721,318,000South Dakota, USAWharf 48,695,0001,418,0000.640.01975,531,000Total PROVEN AND PROBABLE RESERVES 50,981,000769,0003.990.06012,783,000Chihuahua, MexicoPalmarejo 192,885,0001,238,0000.380.002510,443,000Nevada, USARochester -411,000-0.1942,119,000Alaska, USAKensington -764,000-0.02827,249,000South Dakota, USAWharf 243,865,0003,182,0000.440.006552,594,000Total Proven and Probable Reserves
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NYSE: CDE JC 2016 49 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2023 Measured and Indicated Mineral Resources (excluding Reserves) ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) MEASURED RESOURCES 25,875,000396,0004.560.0705,674,000Chihuahua, MexicoPalmarejo 31,587,000200,0000.290.002110,460,000Nevada, USARochester -477,000-0.2861,653,000Alaska, USAKensington -40,000-0.0241,666,000South Dakota, USAWharf 115,648,000145,703,0007,749,000-7.88%9.93%10.56-734,000 British Columbia, CanadaSilvertip 1,592,00058,0000.340.0124,642,000Nevada, USALincoln Hill 115,648,000145,703,00066,803,0001,171,0000.540.009124,828,000Total INDICATED RESOURCES 59,701,000926,0003.850.06015,500,000Chihuahua, MexicoPalmarejo 11,237,00047,0000.410.00227,170,000Nevada, USARochester -342,000-0.2681,278,000Alaska, USAKensington -458,000-0.02122,150,000South Dakota, USAWharf 653,008,0001,371,074,00049,919,000-5.09%10.68%7.78-6,418,000 British Columbia, CanadaSilvertip 8,655,000306,0000.310.01127,668,000Nevada, USALincoln Hill 653,008,0001,371,074,000129,512,0002,078,0001.290.021100,184,000Total MEASURED AND INDICATED RESOURCES 85,576,0001,321,0004.040.06221,174,000Chihuahua, MexicoPalmarejo 42,824,000247,0000.310.002137,630,000Nevada, USARochester -819,000-0.2792,931,000Alaska, USAKensington -498,000-0.02123,816,000South Dakota, USAWharf 768,657,0001,516,777,00057,668,000-5.37%10.60%8.06-7,152,000 British Columbia, CanadaSilvertip 10,247,000364,0000.320.01132,310,000Nevada, USALincoln Hill 768,657,0001,516,777,000196,315,0003,249,0000.870.014225,012,000Total Measured and Indicated Resources
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NYSE: CDE JC 2016 50 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2023 Inferred Mineral Resources ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) INFERRED RESOURCES 18,933,000381,0004.500.0914,207,000Chihuahua, MexicoPalmarejo 45,959,000267,0000.340.002135,104,000Nevada, USARochester -388,000-0.2481,567,000Alaska, USAKensington -149,000-0.0217,125,000South Dakota, USAWharf 199,815,000481,791,00016,084,000-4.26%10.27%6.86-2,345,000 British Columbia, CanadaSilvertip 8,163,000255,0000.360.01122,952,000Nevada, USALincoln Hill 3,346,000531,0000.130.02125,736,000Nevada, USAWilco 199,815,000481,791,00092,485,0001,971,0000.460.010199,037,000Total Inferred Resources
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NYSE: CDE JC 2016 51 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2023 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2023 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 2 29) (SK1300) and were prepared by the Company’s technical staff. (2) Assumed metal prices for 2023 Mineral Reserves were $21.00 per ounce of silver, $1,600 per ounce of gold, $1.15 per pound of zinc, $0.95 per pound of l ead, except for Kensington at $1,850 per ounce of gold. (3) Palmarejo Mineral Reserve estimates use the following key input parame ters: assumption of conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 2.11–2.97 g/t AuEq and an inc remental development cut-off grade ranging from 1.16–1.55 g/t AuEq; meta llurgical recovery assumption of 92.0% for gold and 83.0% for silver; mining dilution assumes 0.4–1.1 meter of hanging/foot wall waste dilution; mining loss of 15% was applied; variable mining costs that range from US$44.72–US$85.71/tonne, s urface haulage costs of US$4.92/tonne, process costs of US$32.70/tonne , general and administrative costs of US$14.06/tonne, and surface/auxiliary support costs of US$3.18/tonne. Excludes the impact of the Franco-Nevada gold s tream agreement at Palmarejo in calculation of Mineral Reserves. No assurances can be given that all mineral reserves will be mined, as mineralized materia lt h a tm a y qualify as reserves under applicable standards by virtue of having positiv e economics may not generate attractive enough returns to be included in ou rm i n ep l a n s , due to factors such as the impact of the gold stream at Palmarejo. As a result, we may elect not to mine portions of the mineralized material reported as reserves. (4) Rochester Mineral Reserve estimates are tabulated within a confining p it design and use the following input parameters: Rochester oxide variabl e recovery Au = 77.7–85.9% and Ag = 59.4-61.0%; Rochester sulfide variable recovery Au = 15.2 –77.7% and Ag = 0.0–59.4%; with a net smelter return cutoff of $3.01/st ox ide and US$3.11/st sulfide; Nevada Packard oxide recovery Au = 92.0% and Ag = 61.0%; with a net smelter return cutoff of $5.51/st for oxide, where the NSR is calculated as resource net smelter return (NSR) = silver grade (oz/ton) * si lver recovery (%) * (silver price ($/oz) - refining cost ($/oz)) + gold grad e (oz/ton) * gold recovery (%) * (gold price ($/oz) - refining cost ($/oz)); variable pit slope angles that approximately average 48º over the life-of-mine. (5) Kensington Mineral Reserve estimates use the following key input parame ters: assumption of conventional underground mining; gold price of $1,8 50/oz; reported above a gold cut-off grade of 0.135 oz/st Au; metallurgical recovery assump tion of 93.5%; gold payability of 97.5%; mining dilution of 20%; mining los s of 12% was applied; mining costs of US$103.67/ton mined; process costs of US$55.06/ton processed; general and administrative costs of US$55.37/ton processe d; sustaining capital US$4.50/ton processed; and concentrate refining and shipping costs of US$108.67/oz sold. (6) Wharf Mineral Reserve estimates use the following key input parameters : assumption of conventional open pit mining; reported above a gold cut-of f grade of 0.010 oz/ton Au; average metallurgical recovery assumption of 79.0%; royalty burden of US$64/oz Au; pit slope angles that vary from 34–50º; mining costs of US$2.44/ton mined, process costs of US$11.71/ton processed (includes general and administrative costs). (7) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, an d contained metal contents.
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NYSE: CDE JC 2016 52 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2023 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserv es, are current as of December 31, 2023, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Company’s technical staff. (2) Assumed metal prices for 2023 estimated Mineral Resources were $25.00 per ounce of silver, $1,800 per ounce of gold, $1.30 per pound of zinc, $1.00 p er pound of lead, unless otherwise noted. (3) Palmarejo Mineral Resource estimates use the following key input para meters: assumption of conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 1.87–2.64 g/t AuEq; metallurg ical recovery assumption of 92.0% for gold and 83.0% for silver; variabl e mining costs that range from US$44.72–US$85.71/tonne, surface haulage costs of US$4.92/tonne, process costs of US$32.70/tonne, general and administrative co sts of US$14.06/tonne, and surface/auxiliary support costs of US$3.18/tonne. Exc ludes the impact of the Franco-Nevada gold stream agreement at Palmarej oi n calculation of Mineral Resources. (4) Kensington Mineral Resource estimates use the following key input para meters: metal price of $2,000 per ounce gold, assumption of conventional l onghole underground mining; reported above a variable gold cut-off grade of 0.124 oz /ton Au; metallurgical recovery assumption of 93.5%; gold payability of 97.5%, mining costs of US$103.67/ton mined; process costs of US$55.06/ton processed; gene ral and administrative costs of US$55.37/ton processed; sustaining ca pital US$4.50/ton processed; and concentrate refining and shipping costs of US$108.67/oz sold. (5) Wharf Mineral Resource estimates use the following key input parameters : assumption of conventional open pit mining; reported above a gold cut-o ff grade of 0.010 oz/ton Au; average metallurgical recovery assumption of 79.0% across all rock types; royalty burden of US$72/oz Au; pit slope angles that vary f rom 34–50º; mining costs of $2.44/ton mined, process costs of US$11.71/ton processed (includes general and administrative costs). (6) Rochester Mineral Resource estimates are tabulated within a confining pit shell and use the following input parameters: Rochester oxide variabl e recovery Au = 77.7–85.9% and Ag = 59.4%; Rochester sulfide variable recovery Au = 15.2–77.7 % and Ag = 0.0–59.4%; with a net smelter return cutoff of $3.01/st oxide an d US$3.11/st sulfide; Nevada Packard oxide recovery Au = 92.0% and Ag = 61.0%; w ith a net smelter return cutoff of $5.51/st for oxide, where the NSR is calc ulated as resource net smelter return (NSR) = silver grade (oz/ton) * silver recovery( % )*( s i l v e rp r i c e( $ / o z )-r e f i n i n gc o s t( $ / o z ) )+g o l dg r a d e( o z / t o n )*gold recovery (%) * (gold price ($/oz) - refining cost ($/oz)); variable pit slope angles that approximately average 48º over the life-of-mine. (7) Silvertip Underground Mineral Resource estimates are reported using a net smelter return (“NSR”) cutoff of US$130/tonne. Mineral Resources are reported insitu using the following assumptions: The estimate use the following key input pa rameters: lead recovery of 89-90%, zinc recovery of 82-83% and silver rec overy of 83- 84%. Lead concentrate grade of 53-54%; zinc concentrate grade of 56-57%; m ining costs of US$68.77/tonne; proce ssing costs of US$58.20/tonne and US$46.49/tonne, where the NSR ($/tonne) = tonnes x grade x metal prices x metallurgical recoveries – royalties – TCRCs – transport costs over the life o ft h em i n e . (8) Lincoln Hill Open Pit Mineral Resource estimates are reported in-situ and are contained within a confining pit shell and use the following key inpu t parameters: reported above an oxide gold equivalent cutoff of 0.15 ounces per ton and 0.2 0 oz ounces per ton assuming a silver to gold ratio of 60:1; gold recoveries o f 64%; silver recoveries of 59%; mining costs of US$3.10/ton; process costs of US $3.60/ton; general and administrative costs of $1.50/ton processed; aver age pit slope angles of 45º over the life-of-mine. The technical and economic parameters are those that were used in the 2018 Resource Estimation. Based on the QPs re view of the estimate, there would be no material change to the Mineral Resource if a gold price of US$1,700/oz, a silver price of US$22/oz or economic parameter sw e r e updated. Therefore the 2018 Mineral Resource is considered current and is presented unchanged.
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NYSE: CDE JC 2016 53 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2023 Mineral Resources (cont.): (9) Wilco Open Pit Mineral Resource estimates are reported using an equival ent gold cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1 .R e s o u r c e s are reported in-situ and contained within a conceptual measured, indicated and inferred optimized pit shell. Silver price of US$20/oz, gold price of US$1,400/oz. Average oxide and sulfide gold recovery is 70%, average carbonaceous gold recovery is 50%. Average oxide and sulfide gold recovery is 60%. Average carbonaceous silver recovery is 50%. Open pit mining cost is US$1.50/ton, processing and p rocessing and G&A cost is US$5.46/ton; average pit slope angles of 50º. Th e technical and economic parameters are those that were used in the 2018 Reso urce Estimation. Based on the QPs review of the estimate, there would be no material change to the mineral resources if a gold price of US$1,700/oz, a si lver price of US$22/oz or economic parameters were updated. Therefore the 2018 Mineral Resource report is considered current and is presented unchanged. (10) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, a nd contained metal contents.
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NYSE: CDE JC 2016 54 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2022 Proven and Probable Mineral Reserves ContainedGrade Short tonsLocation Silver (oz)Gold (oz)Silver (oz/t)Gold (oz/t) PROVEN RESERVES 17,172,000241,0004.210.0594,081,000Chihuahua, MexicoPalmarejo 166,172,0001,079,0000.390.003425,748,000Nevada, USARochester -169,000-0.180939,000Alaska, USAKensington -199,000-0.0316,379,000South Dakota, USAWharf 183,343,0001,688,0000.420.004437,148,000Total PROBABLE RESERVES 48,565,000712,0003.440.05014,119,000Chihuahua, MexicoPalmarejo 13,803,00093,0000.360.00238,001,000Nevada, USARochester -240,000-0.1891,273,000Alaska, USAKensington -709,000-0.02627,328,000South Dakota, USAWharf 62,367,0001,754,0000.770.02280,721,000Total PROVEN AND PROBABLE RESERVES 65,736,000953,0003.610.05218,201,000Chihuahua, MexicoPalmarejo 179,975,0001,173,0000.390.003463,749,000Nevada, USARochester -408,000-0.1842,212,000Alaska, USAKensington -908,000-0.02733,707,000South Dakota, USAWharf 245,711,0003,443,0000.470.007517,868,000Total Proven and Probable Reserves
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NYSE: CDE JC 2016 55 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2022 Measured and Indicated Mineral Resources (excluding Reserves) ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) MEASURED RESOURCES 17,689,000267,0004.390.0664,030,000Chihuahua, MexicoPalmarejo 31,452,000187,0000.330.00294,296,000Nevada, USARochester -665,000-0.2762,412,000Alaska, USAKensington -26,000-0.0221,166,000South Dakota, USAWharf 104,870,000134,462,0007,798,000-7.71%9.88%11.47-680,000 British Columbia, CanadaSilvertip 1,592,00058,0000.340.0124,642,000Nevada, USALincoln Hill 104,870,000134,462,00058,531,0001,203,0000.550.011107,226,000Total INDICATED RESOURCES 57,062,000907,0003.420.05416,704,000Chihuahua, MexicoPalmarejo 5,332,00027,0000.340.00215,507,000Nevada, USARochester -384,000-0.2931,309,000Alaska, USAKensington -267,000-0.02013,303,000South Dakota, USAWharf 617,279,0001,230,898,00052,317,000-4.84%9.65%8.21-6,375,000 British Columbia, CanadaSilvertip 8,655,000306,0000.310.01127,668,000Nevada, USALincoln Hill 617,279,0001,230,898,000123,367,0001,891,0001.530.02380,866,000Total MEASURED AND INDICATED RESOURCES 74,751,0001,174,0003.610.05720,734,000Chihuahua, MexicoPalmarejo 36,784,000214,0000.330.002109,803,000Nevada, USARochester -1,049,000-0.2823,722,000Alaska, USAKensington -293,000-0.02014,468,000South Dakota, USAWharf 722,150,0001,365,360,00060,115,000-5.12%9.68%8.52-7,056,000 British Columbia, CanadaSilvertip 10,247,000364,0000.320.01132,310,000Nevada, USALincoln Hill 722,150,0001,365,360,000181,897,0003,094,0000.970.016188,092,000Total Measured and Indicated Resources
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NYSE: CDE JC 2016 56 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2022 Inferred Mineral Resources ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) INFERRED RESOURCES 17,948,000380,0003.190.0675,633,000Chihuahua, MexicoPalmarejo 26,151,000148,0000.340.00277,001,000Nevada, USARochester -351,000-0.2821,246,000Alaska, USAKensington -63,000-0.0203,149,000South Dakota, USAWharf 165,985,000378,088,00014,414,000-4.43%10.09%7.70-1,873,000 British Columbia, CanadaSilvertip 8,163,000255,0000.360.01122,952,000Nevada, USALincoln Hill 3,346,000531,0000.130.02125,736,000Nevada, USAWilco 165,985,000378,088,00070,021,0001,728,0000.510.013137,590,000Total Inferred Resources
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NYSE: CDE JC 2016 57 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2022 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2022 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 2 29) (SK1300) and were prepared by the company’s technical staff. (2) 3Assumed metal prices for 2022 Mineral Reserves were $21.00 per ounce of silver, $1,600 per ounce of gold, $1.15 per pound of zinc, $0.95 per pound of lead, except for Kensington at $1,700 per ounce of gold. (3) Mineral Reserve estimates use the following key input parameters: Assu mption of conventional longhole underground mining; reported above a var iable gold equivalent cut-off grade that ranges from 2.02–2.07 g/t AuEq and an incremental development cut-off grade of 1.05 g/t AuEq; metallurgical recovery assumption of 90.5% for gold and 82.5% for silver; mining dilution assumes 0.4-1.0 meter of hanging wall waste dilution; mining loss of 20% was applied; variable min ing costs that range from US$44.74–US$47.13/tonne, surface haulage costs of US$4.01/tonne, process costs of US$29.17/tonne, general and administrative co sts of US$12.56/tonne, and surface/auxiliary support costs of US$3.24/tonne. Exc ludes the impact of the Franco-Nevada gold stream agreement at Palmarej oi n calculation of Mineral Reserves. (4) Mineral Reserve estimates are tabulated with in a confining pit design and use the following inpu t parameters: Rochester oxide variable recovery Au = 77.7-93.7% and Ag = 59.4%; Rochester sulfide variable recovery Au = 15.2-77.7% and Ag = 0.0-59.4%; with a net smelter return cutoff of $3.25/st oxide and US$3.35/s t sulfide; Nevada Packard oxide recovery Au = 92.0% and Ag = 61.0%; with a net smelter return cutoff of $4.40/st for oxide, where the NSR is calculated as re source net smelter return (NSR) = silver grade (oz/ton) * silver recovery (%) * (silver price ($/oz) - refining cost ($/oz)) + gold grade (oz/ton) * gold recovery (%) * (gold price ($/oz) - refining cost ($/oz)); variable pit slope angles that approximately average 43º over the life-of-mine. (5) Mineral Reserve estimates use the following key input parameters: assu mption of conventional underground mining; gold price of $1700/oz; repor ted above a gold cut-off grade of 0.133-0.135 oz/st Au; metallurgical recovery assumption of 94%; gold payability of 97.5%; mining dilution varies from 15-23%; mini ng loss of 5% was applied; variable mining costs that range from US$87.13–90.00/ton mined; process costs of US$54.38/ton processed; general and administrative costs of US$54.76/ton processed; and concentrate refining and shipping costs of US$88.39/oz sold. (6) Mineral Reserve estimate uses the following ke y input parameters: assumption of conventional open pit mining; reported above a gold cut-off grade of 0.010 oz/ton Au; average metallurgical recovery assumption of 79.1%; royalty burden of US$64/oz Au; pit slope angles that vary from 34–50º; mining costs of US$2.3 9/ton mined, process costs of US$11.91/ton processed (includes general and administrative costs).. (7) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, an d contained metal contents.
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NYSE: CDE JC 2016 58 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2022 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserv es, are current as of December 31, 2022, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Company’s technical staff. (2) Assumed metal prices for 2022 estimated Mineral Resources were $25.00 per ounce of silver, $1,800 per ounce of gold, $1.30 per pound of zinc, $1.00 p er pound of lead, unless otherwise noted. (3) Mineral Resource estimates use the following key input parameters: Assu mption of conventional longhole underground mining; reported above a va riable gold equivalent cut-off grade that ranges from 1.75-1.84 g/t AuEq; metallurgical recovery assumption of 90.5% for gold and 82.5% for silver; variable min ing costs that range from US$42.50–US$47.13/tonne, surface haulage costs of US$4.01/tonne , process costs of US$29.17/tonne, general and administrative costs o f US$12.56/tonne, and surface/auxiliary support costs of US$3.24/tonne. Exc ludes the impact of the Franco-Nevada gold stream agreement at Palmarej oi n calculation of Mineral Resources. (4) Mineral Resource estimates use the following key input parameters: assu mption of conventional longhole underground mining; reported above a va riable gold cut- off grade that ranges from 0.125–0.191 oz/ton Au; metallurgical recovery a ssumption of 94%; gold payability of 97.5%, variable mining costs that ran ge from US$87.13–175.48/ton mined; process costs of US$54.38/ton processed; genera l and administrative costs of US$54.76/ton processed; and concentrat e refining and shipping costs of US$88.39/oz sold. (5) Mineral Resource estimate uses the following key input parameters: ass umption of conventional open pit mining; reported above a gold cut-off gra de of 0.010 oz/ton Au; average metallurgical recovery assumption of 78.7% across all rock types; royalty burden of US$64/oz Au; pit slope angles that vary from 34–50º; mining costs of $2.39/ton mined, process costs of US$11.91/ton processed (includes general and administrative costs). (6) Mineral Resource estimates are tabulated within a confining pit shell and use the following input parameters: Rochester oxide variable recovery Au = 77.7-93.7% and Ag = 59.4%; Rochester sulfide variable recovery Au = 15.2-77.7% and Ag = 0.0-59.4%; with a net smelter return cutoff of $3.25/st oxide and US$3.35/s t sulfide; Nevada Packard oxide recovery Au = 92.0% and Ag = 61.0%; with a net smelter return cutoff of $4.40/st for oxide, where the NSR is calculated as re source net smelter return (NSR) = silver grade (oz/ton) * silver recovery (%) * (silver price ($/oz) - refining cost ($/oz)) + gold grade (oz/ton) * gold recovery (%) * (gold price ($/oz) - refining cost ($/oz)); variable pit slope angles that approximately average 43º over the life-of-mine. (7) Underground Mineral Resource estimates are reported using a net smel ter return (“NSR”) cutoff of US$130/tonne. Mineral Resources are reported insitu using the following assumptions: The estimate use the following key input parameters: lead recovery of 89-90%, zinc recovery of 82-83% and silver recovery of 8 3-84%. Lead concentrate grade of 53-54%; zinc concentrate grade of 56-57%; mining c osts of US$68.77/tonne; processing costs of US$58.20/tonne and US$46.49/to nne, where the NSR ($/tonne) = tonnes x grade x metal prices x metallurgical recoveries – royalties – TCRCs – transport costs over the life of the mine. (8) Open Pit Mineral Resource estimate is reported in-situ and are containe d within a confining pit shell and use the following key input parameters: r eported above an oxide gold equivalent cutoff of 0.15 ounces per ton and 0.20 oz ounces per ton assuming a silver to gold ratio of 60:1; gold recoveries of 64%; silver reco veries of 59%; mining costs of US$3.10/ton; process costs of US$3.60/ton; general and a dministrative costs of $1.50/ton processed; average pit slope angles o f4 5 ºo v e r the life-of-mine. The technical and economic parameters are those that were used in the 2018 Resource Estimation. Based on the QPs review of the estimate, there would be no material change to the Mineral Resource if a gold price of US$1,700/oz, a silver price of US$22/oz or economic parameters were updated. Ther efore the 2018 Mineral Resource is considered current and is presented unchanged.
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NYSE: CDE JC 2016 59 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2022 Mineral Resources (cont.): (9) Open Pit Mineral Resource estimates are reported using an equivalent go ld cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1. Reso urces are reported in-situ and contained withed a conceptual measured, indicated an d inferred optimized pit shell. Silver price of US$20/oz, gold price of US$ 1,400/oz. Average oxide and sulfide gold recovery is 70%, average carbonaceous gold recovery is 50%. Average oxide and sulfide gold recovery is 60%. Average carbonaceous silver recovery is 50%. Open pit mining cost is US$1.50/ton, processing and processing and G&A cost is US$5.46/ton; average pit slope angles of 50º. Thet e c h n i c a l and economic parameters are those that were used in the 2017 Resource Estimation. Based on the QPs review of the estimate, there would be no material cha nge to the mineral resources if a gold price of US$1,700/oz, a silver price of US$22/oz or economic parameters were updated. Therefore the 2018 Mineral Res ource report is considered current and is presented unchanged. (10) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, a nd contained metal contents.
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NYSE: CDE JC 2016 60 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2021 Proven and Probable Mineral Reserves ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) PROVEN RESERVES 16,480,000247,0004.390.0663,754,000Chihuahua, MexicoPalmarejo 149,652,000998,0000.390.003386,008,000Nevada, USARochester -125,000-0.191656,000Alaska, USAKensington -621,000-0.02227,976,000South Dakota, USAWharf 31,656,00037,647,0002,233,000-8.53%10.14%12.01-186,000 British Columbia, CanadaSilvertip 31,656,000 37,647,000168,365,0001,991,0000.400.005418,580,000Total PROBABLE RESERVES 45,875,000637,0003.780.05212,139,000Chihuahua, MexicoPalmarejo 11,593,00082,0000.360.00331,769,000Nevada, USARochester -136,000-0.197690,000Alaska, USAKensington -231,000-0.0288,306,000South Dakota, USAWharf 161,569,000258,418,00012,403,000-4.99%7.98%7.67-1,618,000 British Columbia, CanadaSilvertip 161,569,000258,418,00069,871,0001,086,0001.280.02054,522,000Total PROVEN AND PROBABLE RESERVES 62,355,000884,0003.920.05615,893,000Chihuahua, MexicoPalmarejo 161,245,0001,080,0000.390.003417,777,000Nevada, USARochester -261,000-0.1941,346,000Alaska, USAKensington -852,000-0.02336,283,000South Dakota, USAWharf 193,225,000296,065,00014,636,000-5.36%8.21%8.11-1,804,000 British Columbia, CanadaSilvertip 193,225,000296,065,000238,236,0003,077,0000.500.007473,103,000Total Proven and Probable Reserves
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NYSE: CDE JC 2016 61 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2021 Measured and Indicated Mineral Resources (excluding Reserves) ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) MEASURED RESOURCES 14,373,000195,0003.890.0533,696,000Chihuahua, MexicoPalmarejo 56,573,000372,0000.290.002191,889,000Nevada, USARochester -660,000-0.2312,860,000Alaska, USAKensington -273,000-0.02013,947,000South Dakota, USAWharf 41,939,00060,029,0003,296,000-6.57%9.41%10.33-319,000 British Columbia, CanadaSilvertip 1,592,00058,0000.340.0124,642,000Nevada, USALincoln Hill 41,939,00060,029,00075,834,0001,558,0000.350.007217,353,000Total INDICATED RESOURCES 59,340,000852,0003.410.04917,377,000Chihuahua, MexicoPalmarejo 12,932,00074,0000.330.00239,565,000Nevada, USARochester -323,000-0.2561,263,000Alaska, USAKensington -139,000-0.0226,379,000South Dakota, USAWharf 270,643,000529,353,00023,048,000-5.42%10.59%9.23-2,498,000 British Columbia, CanadaSilvertip 8,655,000306,0000.310.01127,668,000Nevada, USALincoln Hill 270,643,000529,353,000103,975,0001,694,0001.100.01894,750,000Total MEASURED AND INDICATED RESOURCES 73,712,0001,047,0003.500.05021,073,000Chihuahua, MexicoPalmarejo 69,505,000446,0000.300.002231,454,000Nevada, USARochester -983,000-0.2384,124,000Alaska, USAKensington -412,000-0.02020,326,000South Dakota, USAWharf 312,582,000589,382,00026,344,000-5.55%10.46%9.35-2,817,000 British Columbia, CanadaSilvertip 10,247,000364,0000.320.01132,310,000Nevada, USALincoln Hill 312,582,000589,382,000179,808,0003,252,0000.580.010312,104,000Total Measured and Indicated Resources
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NYSE: CDE JC 2016 62 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2021 Inferred Mineral Resources ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) INFERRED RESOURCES 17,453,000246,0003.700.0524,713,000Chihuahua, MexicoPalmarejo 38,626,000243,0000.300.002128,410,000Nevada, USARochester -455,000-0.2381,915,000Alaska, USAKensington -90,000-0.0243,724,000South Dakota, USAWharf 200,725,000422,335,00017,787,000-4.27%8.98%7.57-2,350,000 British Columbia, CanadaSilvertip 8,163,000255,0000.360.01122,952,000Nevada, USALincoln Hill 3,346,000531,0000.130.02125,736,000Nevada, USAWilco 200,725,000422,335,00085,375,0001,820,0000.450.010189,800,000Total Inferred Resources
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NYSE: CDE JC 2016 63 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2021 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2021 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 2 29) (SK1300) and were prepared by the company’s technical staff. (2) Assumed metal prices for 2021 Mineral Reserves were $20.00 per ounce of si lver, $1,400 per ounce of gold, $1.15 per pound of zinc, $0.95 per pound of lead. (3) Palmarejo Mineral Reserve estimates use the following key input parame ters: Assumption of conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 1.94–2.51 g/t AuEq and an incr emental development cut-off grade of 1.08 g/t AuEq; metallurgical recov ery assumption of 93.1% for gold and 81.9% for silver; mining dilution assumes 1 meter of hanging wall waste dilution; mining loss of 5% was applied; variab le mining costs that range from US$36.01–US$41.75/tonne, surface haulage costs of US$ 3.52/t, process costs of US$27.29/tonne, general and administrative c osts of US$11.00/tonne, and surface/auxiliary support costs of US$3.19/tonne. Exc ludes the impact of the Franco-Nevada gold stream agreement at Palmarej oi n calculation of Mineral Reserves. (4) Rochester Mineral Reserve estimates are tabulated within a confining p it shell and use the following input parameters: Rochester oxide recovery Au = 85% and Ag = 59%; Nevada Packard oxide recovery Au = 95% and Ag = 61%; with a net smelter return cutoff of $2.55/st oxide and US$2.65/st sulfide, where the NSR is calculated as resource net smelter return (NSR) = silver grade (oz/ton) * si lver recovery (%) * silver price ($/oz) - refining cost ($/oz) + gold grade ( oz/ton) * gold recovery (%) * gold price ($/oz) - refining cost ($/oz); variable pit slope angles that approximately average 43º over the life-of-mine. (5) Kensington Mineral Reserve estimates use the following key input para meters: assumption of conventional underground mining; gold price of $140 0/oz; reported above a gold cut-off grade of 0.143-0.201 oz/st Au; metallurgical recovery assumption of 95%; gold payability of 97.5%; mining dilution varies from 1 5-23%; mining loss of 5% was applied; variable mining costs that range from US$90.91–150.73/ton mined; process costs of US$46.93/ton processed; general and admin istrative costs of US$38.83/ton processed; and concentrate refining and shipping costs of US$60.00/oz sold. (6) Wharf Mineral Reserve estimate uses the following key input parameters : assumption of conventional open pit mining; reported above a gold cut-of f grade of 0.010 oz/ton Au; metallurgical recovery assumption of 80%; royalty burden of US $56/oz Au; pit slope angles that vary from 34–50º; mining costs of US$2.15/t on mined, rehandle costs of US$1.65/ton rehandled, process costs of US$10.34/ton processed (includes general and administrative costs). (7) Silvertip Underground Mineral Resource estimates are reported usin g a net smelter return (“NSR”) cutoff of US$130-160/tonne. Mineral Resource sa r er e p o r t e d insitu using the following assumptions: The estimate use the following key input parameters: lead recovery of 87-88%, zinc recovery of 81-82% and silver recovery of 88-89 %. Lead concentrate grade of 51-53%; zinc concentrate grade of 48-50%; m ining dilution varies from 5-25%; mining loss of 5% was applied; mining c osts of US$68.77/tonne; processing costs of US$58.20/tonne and US$46.49/tonne, where the NSR ($/tonne) = tonnes x grade x metal prices x metallurgical recoveries – royalties – TCRCs – transport costs over the life of the mine. (8) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, an d contained metal contents.
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NYSE: CDE JC 2016 64 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2021 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserv es, are current as of December 31, 2021, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Company’s technical staff. (2) Assumed metal prices for 2021 estimated Mineral Resources were $22.00 per ounce of silver, $1,700 per ounce of gold, $1.30 per pound of zinc, $1.00 p er pound of lead, unless otherwise noted. (3) Palmarejo Mineral Resource estimates use the following key input para meters: Assumption of conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 1.59-2.21 g/t AuEq; metallu rgical recovery assumption of 93.1% for gold and 81.9% for silver; variabl e mining costs that range from US$36.01–US$41.75/t, surface haulage costs of US$3.52/tonn e, process costs of US$27.29/tonne, general and administrative costs o f US$11.00/tonne, and surface/auxiliary support costs of US$3.19/tonne. Exc ludes the impact of the Franco-Nevada gold stream agreement at Palmarej oi n calculation of Mineral Resources. (4) Kensington Mineral Resource estimates use the following key input para meters: assumption of conventional longhole underground mining; report ed above a variable gold cut-off grade that ranges from 0.116–0.164 oz/ton Au; metallurgical recovery assumption of 95%; gold payability of 97.5%, variable mi ning costs that range from US$90.91–150.73/ton mined, process costs of US$46.93/ton proce ssed, general and administrative costs of US$38.83/ton processed. and concentrate refining and shipping costs of US$60.00/oz sold. (5) Wharf Mineral Resource estimate uses the following key input parameters : assumption of conventional open pit mining; reported above a gold cut-off grade of 0.010 oz/ton Au; metallurgical recovery assumption of 78.7% across all rock types; royalty burden of US$56/oz Au; pit slope angles that vary from 34–50º; mi ning costs of $2.15/ton mined, rehandle costs of US$1.65/ton rehandled, process costs of US$10.34/ton processed (includes general and administrative costs). (6) Rochester Mineral Resource estimates are tabul ated within confining pit shells that uses the following input parameters: oxide gold recovery of 77.7%-93.7% and silver recovery with range of 59%-61%; sulfide gold recovery range of 15.2% -77.7% and silver recovery with range of 0.0%-59% with a net smelter return cutoff of US$2.55–US$3.70/ton oxide and US$2.65/ton sulfide, where the NSR is calculated as resource net smelter return (NSR) = silver grade (oz/ton) * silver recovery (%) * silver price ($/oz) - refining cost ($/oz) + gold grade (oz/ton) * gold recovery (%) * gold price ($/oz) - refining cost ($/oz); and variable pit slo pe angles that approximately average 43º over the life-of-mine. (7) Silvertip Underground Mineral Resource estimates are reported using a net smelter return (“NSR”) cutoff of US$130/tonne. Mineral Resources are reported insitu using the following assumptions: The estimate use the following key input pa rameters: lead recovery of 87-88%, zinc recovery of 81-82% and silver rec overy of 88- 89 %. Lead concentrate grade of 51-53%; zinc concentrate grade of 48-50%; m ining costs of US$68.77/tonne; processing costs of US$58.20/tonne and US$46.49/tonne, where the NSR ($/tonne) = tonnes x grade x metal prices x metallurgical recoveries – royalties – TCRCs – transport costs over the life o ft h em i n e . (8) Lincoln Hill Open Pit Mineral Resource estimate is reported in-situ and are contained within a confining pit shell and use the following key input p arameters: reported above an oxide gold equivalent cutoff of 0.15 ounces per ton and 0.20 oz ounces per ton assuming a silver to gold ratio of 60:1; gold recoveries of 64%; sil ver recoveries of 59%; mining costs of US$3.10/ton; process costs of US$3.60/t on; general and administrative costs of $1.50/ton processed; average pit slope angles of 45º over the life-of-mine. The technical and economic parameters are th ose that were used in the 2018 Resource Estimation. Based on the QPs review of the estimate, there would be no material change to the Mineral Resource if a gold price of US$1,700/oz, a silver price of US$22/oz or economic parameters we re updated. Therefore the 2018 Mineral Resource is considered current and is presented unchanged.
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NYSE: CDE JC 2016 65 NYSE: CDE JC 2016 Reserves and Resources (cont.) Notes to 2021 Mineral Resources (cont.): (9) Wilco Open Pit Mineral Resource estimates are reported using an equival ent gold cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1 .R e s o u r c e s are reported in-situ and contained withed a conceptual measured, indica ted and inferred optimized pit shell. Silver price of US$20/oz, gold price of US$1,400/oz. Average oxide and sulfide gold recovery is 70%, average carbonaceous gold recovery is 50%. Average oxide and sulfide gold recovery is 60%. Average carbonaceous silver recovery is 50%. Open pit mining cost is US$1.50/ton, processing and processing and G&A cost is US$5.46/ton; average pit slope angles of 50º. Thet e c h n i c a l and economic parameters are those that were used in the 2018 Resource Estimation. Based on the QPs review of the estimate, there would be no material cha nge to the Mineral Resource if a gold price of US$1,700/oz, a silver price of US$22/oz or economic parameters were updated. Therefore the 2018 Mineral Reso urce report is considered current and is presented unchanged. (10) Rounding of short tons, grades, and troy ounces, as required by reportin g guidelines, may result in apparent differences between tons, grades, a nd contained metal contents.
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NYSE: CDE JC 2016 66 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2019 Proven and Probable Mineral Reserves ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) PROVEN RESERVES 5,649,000102,0005.170.0931,093,000Chihuahua, MexicoPalmarejo 112,286,000710,0000.450.003249,815,000Nevada, USARochester -180,000-0.200898,000Alaska, USAKensington -571,000-0.02423,436,000South Dakota, USAWharf 28,366,00034,577,0001,990,000-8.07%9.84%11.31-176,000 British Columbia, CanadaSilvertip 28,366,000 34,577,000119,925,0001,563,0000.440.006275,418,000Total PROBABLE RESERVES 44,843,000591,0004.240.05610,576,000Chihuahua, MexicoPalmarejo 5,187,00027,0000.380.00213,577,000Nevada, USARochester -186,000-0.239779,000Alaska, USAKensington -197,000-0.0267,530,000South Dakota, USAWharf 168,096,000260,847,00012,986,000-5.14%7.97%7.94-1,636,000 British Columbia, CanadaSilvertip 168,096,000260,847,00063,016,0001,001,0001.850.02934,097,000Total PROVEN AND PROBABLE RESERVES 50,492,000693,0004.330.05911,669,000Chihuahua, MexicoPalmarejo 117,473,000737,0000.450.003263,392,000Nevada, USARochester -366,000-0.2181,677,000Alaska, USAKensington -768,000-0.02530,965,000South Dakota, USAWharf 196,463,000295,424,00014,976,000-5.42%8.15%8.26-1,812,000 British Columbia, CanadaSilvertip 196,463,000295,424,000182,941,0002,564,0000.590.008309,515,000Total Proven and Probable Reserves
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NYSE: CDE JC 2016 67 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2019 Measured and Indicated Mineral Resources (excluding Reserves) ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) MEASURED RESOURCES 3,210,00048,0003.690.055870,000Chihuahua, MexicoPalmarejo 67,602,000450,0000.350.002194,330,000Nevada, USARochester -493,000-0.2392,062,000Alaska, USAKensington -178,000-0.0276,631,000South Dakota, USAWharf 21,183,00026,924,0001,497,000-7.70%9.79%10.85-138,000 British Columbia, CanadaSilvertip 1,592,00058,0000.340.0124,642,000Nevada, USALincoln Hill 29,001,00045,0003.040.0059,536,000Durango, MexicoLa Preciosa 21,183,00026,924,000102,902,0001,272,0000.470.006218,209,000Total INDICATED RESOURCES 31,313,000377,0003.970.0487,894,000Chihuahua, MexicoPalmarejo 15,195,00096,0000.360.00242,015,000Nevada, USARochester -269,000-0.2311,164,000Alaska, USAKensington -156,000-0.0324,926,000South Dakota, USAWharf 122,734,000278,081,00010,091,000-3.89%8.81%6.39-1,579,000 British Columbia, CanadaSilvertip 8,655,000306,0000.310.01127,668,000Nevada, USALincoln Hill 76,185,000118,0003.980.00619,141,000Durango, MexicoLa Preciosa 122,734,000278,081,000141,438,0001,323,0001.350.013104,385,000Total MEASURED AND INDICATED RESOURCES 34,522,000425,0003.940.0488,764,000Chihuahua, MexicoPalmarejo 82,797,000546,0000.350.002236,345,000Nevada, USARochester -762,000-0.2363,226,000Alaska, USAKensington -334,000-0.02911,557,000South Dakota, USAWharf 143,917,000305,005,00011,588,000-4.19%8.89%6.75-1,716,000 British Columbia, CanadaSilvertip 10,247,000364,0000.320.01132,310,000Nevada, USALincoln Hill 105,186,000163,0003.670.00628,677,000Durango, MexicoLa Preciosa 143,917,000305,005,000244,340,0002,594,0000.760.008322,594,000Total Measured and Indicated Resources
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NYSE: CDE JC 2016 68 NYSE: CDE JC 2016 Reserves and Resources (cont.) 2019 Inferred Mineral Resources Notes to 2019 mineral reserves and resources: (1) Effective December 31, 2019. (2) Assumed metal prices for Mineral Reserves were $17.00 per ounce of silv er, $1,350 per ounce of gold, $1.15 per pound zinc, $0.95 per pound lead. (3) Assumed metal prices for estimated Mineral Resources were $20.00 per ounce of silver, $1,500 per ounce of gold, $1.30 per pound zinc, $1.05 per poun dl e a d , 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. (4) Mineral Resources are in addition to Mineral Reserves and do not have dem onstrated economic viability. Inferred Mineral Resources are considere dt o os p e c u l a t i v e geologically to have the economic considerations applied to them that would enable them to be considered for estimation of Mineral Reserves, and ther ei sn o certainty that the Inferred Mineral Resources will be realized. The preliminary economic assessment for the re-scoped mine plan at Kensington is preliminary in nature and includes Inferred Mineral Resources, and does not have as high a level of certainty as a plan that was based solely on proven and probable reserves an dt h e r ei s no certainty that the results from the preliminary economic assessment will be realized. (5) Rounding of tons and ounces, as required by rep orting guidelines, may result in apparent differences between tons, grade, and contained metal content. (6) For details on the estimation of mineral resources and reserves, includ ing 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 atwww.sedar.com. ContainedGrade Short tonsLocation Lead (lbs)Zinc (lbs)Silver (oz)Gold (oz)Lead (%)Zinc (%)Silver (oz/t)Gold (oz/t) INFERRED RESOURCES 26,341,000367,0004.070.0576,469,000Chihuahua, MexicoPalmarejo 60,803,000378,0000.360.002171,042,000Nevada, USARochester -358,000-0.2291,562,000Alaska, USAKensington -81,000-0.0332,483,000South Dakota, USAWharf 105,267,000182,181,0008,199,000-5.39%9.34%8.40-976,000 British Columbia, CanadaSilvertip 8,163,000255,0000.360.01122,952,000Nevada, USALincoln Hill -960,000-0.03032,013,000Nevada, USASterling 3,346,000531,0000.130.02125,736,000Nevada, USAWilco 5,835,0006,0003.310.0031,761,000Durango, MexicoLa Preciosa 105,267,000182,181,000112,687,0002,936,0000.430.011264,996,000Total Inferred Resources
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NYSE: CDE JC 2016 69 NYSE: CDE JC 2016 Executive Leadership Mitchell J. Krebs – Chairman, President and Chief Executive Officer. During his twenty-year tenure with Coeur, Mr. Krebs has led nearly $2 billion in capital raising andd e b t restructuring activities and has facilitated over $4 billion of acquisitions and divestitures. Mr. Krebs was previously Coeur‘s Chief Financial Officer from March 2008 to July 2011 and held various positions in the corporate development department, in cluding Senior Vice President of Corporate Development. Mr. Krebs previ ously served as the Chairman of The National Mining Association from September 2022 to September 2024 and as the former Chair of the ESG Task Force. Mr. Krebs previously se rved as a Director of Kansas City Southern Railway Company from May 2017 to April 2023 and is a past President of The Silver Institute. Thomas S. Whelan – Senior Vice President and Chief Financial Officer. Prior to joining Coeur, Mr. Whelan served as CFO of Arizona Mining Inc. from September 2017 to August 2018, when the company was acquired from South32 Limited. Previously , Mr. Whelan served as CFO for Nevsun Resources Ltd. from January 2014 to Au gust 2017. He is a chartered professional accountant and was previously a partner with the international accounting firm Ernst & Young (“EY”) LLP where he was the EY Global Mining & Metals Assurance sector leader, the leader of the EY Assurance pract ice in Vancouver and previously EY’s Canadian Mining & Metals sector lead er. Mr. Whelan graduated with a Bachelor of Commerce from Queen’s University. Mr. Whelan has served as a member of the board of directors of Highlander Silver Corp., a precious metals exploration company, since October 2024. Michael “Mick” Routledge – Senior Vice President and Chief Operating Officer. Mr. Routledge has over 25 years’ experience with Rio Tinto in various roles beginning in 1987, including as the Chief Operating Officer (2011-2012) and Vice President HSE, Projects & Operational Value (2012-2014) of the Kennecott Utah Co pper mine business and served as the Chief Operating Officer of Asahi Refining from 2015 to 2017. He served as Senior Director of Operational Excellence at Anago ld Madencilik, a subsidiary of Alacer Gold Corp., a gold producer which merged with SSR Mining Inc. in the fall of 2020. Most recently, Mr. Routledge served as the Vice Pr esident of Major Projects and Studies of Alacer Gold Corp. from February 2020 until May 2020. Mr . Routledge currently chairs the Health & Safety Division Executive Com mittee for the Society for Mining, Metallurgy & Exploration board. He received an undergra duate degree from the University of Sunderland, England in Electrical an d Control Engineering and received his MBA with a focus on business and strategic transformation from Henley Management College in England. Casey M. Nault – Senior Vice President, General Counsel and Secret ary. Mr. Nault has over 25 years of experience as a c orporate and securities lawyer, including priori n - house positions with Starbucks Corporation and Washington Mutual, Inc. an d law firm experience with Gibson, Dun n & Crutcher. His legal experience in cludes securities compliance and SEC reporting, corporate governance and compliance, merge rs and acquisitions, public and private securities offerings, other stra tegic transactions, general regulatory compliance, cross-border issues, land use and environ mental issues, and overseeing complex litigation. In addition to leading the legal function, Mr. Nault also has executive responsibility for severa l other corporate functions including compliance, corporate responsibility, internal audit, c ybersecurity and IT infrastructure, government affairs and land management. Aoife M. McGrath – Senior Vice President, Exploration. Ms. McGrath has over 20 years of mining industry experience, spanning all stages of exploration from greenfiel d works to continental-scale exploration programs. Most recently, Ms. McGrath served as Vice President Exploration, Africa and Middle East at Barrick Gold Corp. Prior to that t i m e ,s h es e r v e da sh e a do fE x p l o r a t i o na n dG e o l o g yf o rB e a d e l lR e s o u r c e sL i mited as well as serving in various roles at Alamos Gold Inc., including Dir ector, Exploration and Corporate Development and Vice President, Exploration. She holds a Mas ter of Science in Mineral Exploration from the University of Leicester as w ell as a Master of Science in Engineering Geology from the Imperial College London. Emilie C. Schouten – Senior Vice President and Chief Human Resources Officer. Ms. Schouten h as over 20 years of experience in Human Resources, starting her career at General Electric, where she graduated from GE’s Human Resources Leadership Program. After 6 years as an HR Manager with GE, her division was acquired byt h ew o r l d ’ s largest electrical distribution company, Rexel, and Ms. Schouten went on t o become the Director of Training and Development. Ms. Schouten has a B.A. i nS o c i o l o g yf r o m Michigan State University and a M.S. in Industrial Labor Relations from University of Wisconsin-Madison.
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NYSE: CDE JC 2016 70 NYSE: CDE JC 2016 Board of Directors Mitchell J. Krebs – Chairman, President and Chief Executive Officer. See prior slide. J. Kenneth Thompson – Independent Lead Director. Former Chairman of the board of directors o f Pioneer Natural Resources Company (oil and gas), former member of the board of directors of Alaska Air Group, Inc. (parent company of Alaska Airlines, Hawaiian Airlines and Horizon Air), and former Lead Independent Director of Tetra Tech, Inc. (engineering consulting). President and Chief Executive Officer of Pacific Star Energy LLC (private energy investment firm in Alaska) from Septemb er 2000 to present, with a principal holding in Alaska Venture Capital Group LLC (private oil and gas exploration company) from December 2004 to present; Executive Vice President of ARCO’s Asia Pacific oil and gas operating companies in Alaska, California, Indonesia, China, and Singapore from 1998 to 2000. Mr. Thompson was a National Associa tion of Corporate Directors Directorship 100 honoree in 2019. Linda L. Adamany – Independent Lead Director and Chair of the Nominating and Governance Committee of Jefferies Financial Group (formerly known as Leucadia National Corporation), a diversified holding company engaged in a variety of businesses, since March 2022, and Board member since March 2014, and an Independent Member of the board of directors and chair of the Remuneration Committee of Jefferies International Limited, a wholly-owned subsidiary of Jefferies FinancialG r o u pI n c . ,s i n c eM a r c h 2021; non-executive director of BlackRock Institut ional Trust Company since March 2018; non-executi ve director and chair of the Compensation Comm ittee of Vitesse Energy, Inc. since January 2023; non-executive director of the Wood plc fro m October 2017 to May 2019; non-executive director of Amec Foster Wheeler p lc, an engineering, project management, and consultancy company, from Octobe r 2012 until the Company was acquired by Wood plc in October 2017; member of the board of directors of National Grid plc, an electricity and gas generation, trans mission, and distribution company, from November 2006 to November 2012. Ser v e da tB Pp l ci n several capacities from July 1980 until her retirement in August 2007, most recently from April 2005 to August 2007 as a member of the five-person Refining & Marketing Executive Committee responsible for overseeing the day-to-day operations and human resource management of BP plc's Refining & Marketing segment, a $45 billion business at the time. She was selected as one of Women Inc. Magazine's 2018 Most Influential Corporate Directors. Pierre Beaudoin – Chairman of the board of directors of Radisson Mining Resources, Inc. (gold exploration company in Canada) since July 2024 and a member of the board since September 2021. Mr. Beaudoin is a mineral processing profession al with over 40 years of international operating and project development experience. Mr. Beaudoin joined the board of directors of SilverCrest Metals, Inc. in June 2018 and subsequently became its Chief Operating Officer in November 2018, until Coeur’s acquisition of SilverCrest in February 2025. During his five years in the rol e, he successfully led the technical studies, build and ramp-up of the Las Chispas operation. Mr. Beaudoin previously worked as both Chief Operating Officer and Senior Vice President of Capital Projects with Detour Gold Corporation (gold mining company) from January 2013 to July 2017 and January 2010 to December 2012, respectively, Served in var ious roles over a 16-year career with Barrick Gold Corporation, includ ing in capital projects and management roles from September 2004 to January 2010. Paramita Das – Serves as Chief Strategy Officer and Senior Advisor to the Chief Executive Officer of Stardust Power Inc. (manufacturer of battery-grade lithium pr oducts) since September 2024. Previously, Ms. Das served as the Global Head of Marketing, Development and ESG (Chief Marketing Officer) Metals and Minerals at Rio Tinto from June 2022 to February 2024; President of Rio Tinto Nickle Inc., President and CEO of Alcan Primary Products Company, LLC and a member of the Board of Directors of Rio Tinto Services Inc. from July 2019 to September 2023 and General Manager, Marketing and Development, Metals, and Head of the Chicago Commercial Offic e, Rio Tinto from 2018 to 2021. Ms. Das served as Chief of Staff/Group Business Executive to the Rio Tinto Group CEO from 2016 – 2017. Ms. Das is a member of the board of directors of Genco Shipping & Trading Limited, a drybulk shipowner focused on global transportation of commodities, since March 2024 and a member of t he board of directors of Toromont Industries, Ltd., a specialized equipment company, since November 2024. Ms. Das is a former Board member of World Business Chicago from 2020 – 2022; Chicago Children’s Museum from 2019 – 2021 and UN Woman – USNC from 2014 to 2017. Ms. Das received a bachelor’s degree in Architectural Engineering in 2001, and MBA in 2004 and additional post-graduate studies in Strategy and Finance in 2014.
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NYSE: CDE JC 2016 71 NYSE: CDE JC 2016 Board of Directors (cont.) N. Eric Fier – Mr. Fier is a Certified Professional Geologist (USA) and Engineer (Canada ) with over 35 years of experience in the international mining industry, in cluding exploration, acquisition, development and production of numerous mining projects in the U.S., Guyana, Chile, Brazil, Central America, Mexico, Peru, Africa and Asia. He has in-depth knowledge of project evaluation and management, reserve estimation and economic analysis, construction, and operations management. Mr. Fier served as Founder, Chief Executive Officer and Director of SilverCrest Metals, Inc. until Coeur’s acquisition of SilverCrest in February 2025. He previously worked as Senior Engineer and Chief Geologist with Pegasus Gold Corp., from June 1985 to May 1995, Seni or Engineer & Manager with Newmont Mining Corp. from June 1995 to August 199 6a n d from 1999 to 2000, and Project Manager with Eldorado Gold Corp. from September 1996 to May 1998. He is currently the Non-Executive Chairman of Mako Mini ng Corp. (gold mining company) since July 2024, and previously served as Executive Chairman of Goldsource Mines, Inc. (gold mining company) from January 2018 until the company’s acquisition by Mako Mining Corp. Jeane L. Hull – Ms. Hull has over 35 years of mining operational leadership and engineering experience, most notably holding the positions of Chief Operating Offic er for Rio Tinto plc at the Kennecott Utah Copper Mine and Executive Vice President and Chief Technical Officer of Peabody Energy Corporation. She also held n umerous management engineering and operations positions with Rio Tinto affiliates. Prior to joining Rio Tinto, she held positions with Mobil Mining and Mine rals and has additional environmental engineering and regulatory affairs experience in the public and private sectors. Ms. Hull currently serves as a member of the Board of Directors of Epiroc AB since January 2018, Hudbay Minerals since June 2023, and Wheaton Precious Metals Corporation since May 2023. She previously served on the boards of Co pper Mountain Mining Corp., Trevali Mining Corporation, Pretium Resources Inc., Interfor Corporation and Cloud Peak Energy Inc. Ms. Hull also served on t he Advisory Board for South Dakota School of Mines and Technology for over ten years. Eduardo Luna – Non-Executive Chairman of the Board of Rochester Resources Ltd. (junior natural resources company with assets in Mexico) since March 2018 and member of the board of directors of Vizsla Silver Corp. (junior natural resources company) since November 2023. Mr. Luna has spent over forty years in t he precious metals mining industry and has held prior senior executive and board positions at several companies including Industrial Peñoles, Goldcorp Inc., Lu ismin SA de CV, Wheaton River Minerals Ltd., Alamos Gold Inc., Dyna Resource, Inc. and Primero Mining Corp. He is also af o r m e rm e m b e ro ft h eB o a r do fD i r e c t o r so fW h e a ton Precious Metals Corp. Mr. Luna is the former President of the Mexican Mining Chamber and a former President of the Silver Institute. He was inducted into the Mexico Mining Hall of Fame and serves as Chairman of the Advisory Board of the Faculty of Mines at the University of Guanajuato where he received a degree in Mining Engineering. Robert E. Mellor – Independent Chairman of the board of Monro, Inc. (auto service provider) s ince June 2017, and appointed Interim Chief Executive Officer from August 2020 to April 2021. Previously Mr. Mellor was lead independent director from April 2011 to June 2017 and a member of the board of directors since August 2010; Former Chairman, Chief Executive Officer and President of Building Materials Hold ing Corporation (distribution, manufacturing and sales of building mat erials and component products) from 1997 to January 2010, director from 1991 to January 2010; former member of the board of directors of CalAtlantic Group, Inc. (national r esidential home builder) from October 2015 to February 2018, when CalAtlantic was acquired by Lennar Corporation; former member of the board of directors of the Rylan dG r o u p (national home builder, merged with another builder to form CalAtlantic) from 1999 to October 2015; and former member of the board of directors of Stoc kB u i l d i n g Supply Holdings, Inc. (lumber and building materials distributor) from March 2010 until December 2015 when it merged with another company. He was nam ed a 2020 National Association of Corporate Directors Directorship 100 honoree.
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NYSE: CDE JC 2016 72 NYSE: CDE JC 2016 Contact Information Coeur Mining, Inc. 200 S. Wacker Dr., Suite 2100 Chicago, IL 60606 Corporate Office +1 (312) 489-5800Main Telephone NYSE: CDEStock Ticker www.coeur.comWebsite Jeff Wilhoit Senior Director, Investor Relations investors@coeur.com Contact