Cautionary Statements:
This presentation contains forward-looking statements within the meaning of securities legislation
in the United States and Canada including statements regarding a possible transaction and
anticipated operating results. Such statements are subject to numerous assumptions and
uncertainties, many of which are outside Coeurs control. Operating, exploration and other
statements in this presentation are based on information that Coeur believes is reasonable, but
involve significant uncertainties affecting the business of Coeur, including, but not limited to,
future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining
and processing conditions, construction schedules, currency exchange rates, and the completion
and/or updating of mining feasibility studies, changes that could result from future acquisitions
of new mining properties or businesses, the risks and hazards inherent in the mining business
(including environmental hazards, industrial accidents, weather or geologically related
conditions), regulatory and permitting matters, risks inherent in the ownership and operation of,
or investment in, mining properties or businesses in foreign countries, as well as other
uncertainties and risk factors set out in filings made from time to time with the SEC and the
Ontario Securities Commission, including, without limitation, Coeurs reports on Form 10-K and Form
10-Q. As disclosed in this presentation, there are risks that the parties will not proceed with the
transaction, that the ultimate terms of the transaction will differ from those that currently are
contemplated, and that the results, developments and timetables could vary significantly from the
estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements.
Coeur disclaims any intent or obligation to update publicly such forward-looking statements,
whether as a result of new information, future events or otherwise. Additionally 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 or the possible transaction.
Donald J. Birak, Coeurs Senior Vice President of Exploration, is the qualified person responsible
for the preparation or supervision of the scientific and technical information in this document.
For a description of the key assumptions, parameters and methods used to estimate mineral reserves
and resources, as well as a general discussion of the extent to which the estimates may be
affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing
or other relevant factors, please see the Technical Reports for each of Rochester, Cerro Bayo,
Martha, san Bartolome, Kensington, Endeavor and Broken Hill projects as filed on SEDAR at
(www.sedar.com). For a description of the key assumptions, parameters and methods used to estimate
mineral resources for the Palmarejo project, please see the Technical Reports as filed on SEDAR at
(www.sedar.com).
This presentation uses the terms Measured, Indicated and Inferred Resources. U.S. investors
are advised that while such terms are recognized and required by Canadian regulations, the
Securities and Exchange Commission does not recognise them. Inferred Resources have a great
amount of uncertainty as to their existence and as to their potential economic and legal
feasibility. It cannot be assumed that all or any part of an inferred resource will ever be
upgraded to a higher category.
The definitions of proven and probable mineral reserves under Canadian National Instrument 43-101
are substantially identical to the definitions of such ore reserves under Guide 7 of the SECs
Securities Act Industry Guides. Mineral resources are in addition to mineral reserves and have not
demonstrated economic viability.
Under Canadian rules, estimates of Inferred Resources may not form the basis of a pre-feasibility
or feasibility study. U.S. investors are cautioned not to assume that all or any part of Measured
or Indicated Resources will ever be converted into reserves. U.S. investors are also cautioned not
to assume that all or any part of an Inferred Mineral Resource exists, or is potentially economical
or legally mineable.
Additional Information:
The definitive proxy statement that Coeur has filed with the United States Securities and Exchange
Commission (SEC) and Canadian securities regulators and mailed to its shareholders contains
information about Coeur, Bolnisi, Palmarejo, the Palmarejo Project, the proposed transaction and
related matters. Shareholders are urged to read the definitive proxy statement carefully, as it
contains important information that shareholders should consider before making a decision about the
proposed transaction. In addition to receiving the definitive proxy statement from Coeur by mail,
shareholders may also obtain the definitive proxy statement, as well as other filings containing
information about Coeur, without charge, from the SECs website (www.sec.gov) and the Canadian
securities regulators website (www.sedar.com) or, without charge, from Coeur. Coeur and its
executive officers and directors may be deemed to be participants in the solicitation of proxies
from Coeurs shareholders with respect to the proposed transaction. Information regarding any
interests that Coeurs executive officers and directors may have in the proposed transaction is set
forth in the definitive proxy statement. The Coeur shares to be issued in the proposed transaction
have not been and will not be registered under the Securities Act of 1933, as amended, and may not
be offered or sold in the United States absent registration or an applicable exemption from
registration requirements. Coeur intends to issue such Coeur shares pursuant to the exemption from
registration set forth in Section 3(a)(10) of the Securities Act.
Copies of the merger implementation agreements and certain related documents have been filed with
the SEC and Canadian securities regulators and are available at the SECs website at (www.sec.gov)
and at the Canadian securities regulators website at (www.sedar.com).
D.F. King & Co., Inc.
48 Wall Street
New York, NY 10005
Toll-Free: 1-800-901-0068