Coeur Mining — Feb 19, 2025 release

For the full year, the Company invested approximately $77 million ($60 million expensed and $17 million capitalized), compared to roughly $41 million ($31 million expensed and $10 million capitalized) in 2023. The Company’s exploration investment in 2025 is expected to total $67 - $77 million for expansion drilling (classified as exploration expense) and $10 - $16 million for infill drilling (capitalized exploration). Top exploration priorities for the Company’s 2024 exploration program were achieved, including: (1) Kensington reaching a five year proven and probable reserve mine life; (2) outlining higher-grade structures to enhance the near-term margin and longer term free cash flow profile of the newly-expanded Rochester; (3) significantly increasing Palmarejo’s inferred resources; and (4) substantially enhancing the geological understanding of the evolving world-class polymetallic Silvertip system located in British Columbia. At Silvertip, exploration investment totaled approximately $6 million in the fourth quarter, compared to $9 million in the prior period. For the full year, exploration investment totaled approximately $27 million, which includes $16 million related to underground mine development and site support costs, compared to $11 million in 2023. At Silvertip, underground and surface drilling with three rigs wrapped up during the quarter. Overall, the 2024 three-pronged exploration strategy was successful on all fronts, including: (1) extending along strike the key zones of the Southern Silver zone and Saddle zone from near-mine underground drilling; (2) intersecting massive sul