CDE Coeur Mining Inc

Coeur Urges All Wheaton River Shareholders To Vote Against IAMGold Proposal On Coeur's Green Proxy Card as Promptly as Possible Today To Ensure Their Vote is Counted Coeur's Increased Offer is the Clearly Superior Alternative COEUR D'ALENE, Idaho, June 30 /PRNewswire-FirstCall/ -- Coeur d'Alene Mines Corporation (NYSE:CDE) today urged shareholders of Wheaton River Minerals Ltd. (TSX: WRM, Amex: WHT) to vote AGAINST the proposed IAMGold plan of arrangement at the reconvened Special Meeting of Shareholders scheduled for July 6, 2004. Dennis E. Wheeler, Chairman and Chief Executive Officer of Coeur d'Alene, said, "Coeur's significantly increased offer is without question the superior alternative for Wheaton River and its shareholders. We are taking our offer directly to Wheaton River shareholders and we are especially pleased with their strong support. Based on yesterday's closing stock prices, Coeur's offer provides Wheaton River shareholders with C$4.48 per share in cash and stock compared to IAMGold's proposal which only provides shareholders with C$3.95 per share in stock. Coeur's offer represents a premium of 21% over Wheaton River's closing stock price yesterday and is 13% higher than IAMGold's proposal as of yesterday. "It is now in the hands of Wheaton River shareholders to decide the future of their company. The Wheaton River Board's continued rejection of Coeur's offer is not credible. We believe that the Board has made it perfectly clear from the outset that it is determined to proceed with IAMGold without regard for the best interests of Wheaton River's shareholders -- the true owners of the company. We urge Wheaton River shareholders to defeat the IAMGold proposal to ensure that they have the opportunity to accept Coeur's clearly superior offer. Mr. Wheeler emphasized, "Wheaton River shareholders will have the opportunity to accept Coeur's offer only if they defeat the IAMGold proposal at the July 6th Special Meeting. We strongly recommend that Wheaton River shareholders vote AGAINST the proposed IAMGold transaction on Coeur's GREEN proxy card as promptly as possible today to ensure their vote is counted." Last-Minute Voting Instructions for Wheaton River Shareholders Wheaton River shareholders using Coeur's GREEN proxy card or Wheaton River's form of proxy are reminded that: * the deadline for CIBC Mellon to receive proxies is prior to 11:00 a.m. (Toronto time) / 8:00 a.m. (Vancouver time) on Friday, July 2, 2004. Wheaton River shareholders are reminded that July 1, 2004 is a Canadian holiday. * instructions must be delivered by their custodian bank, Trust company, or brokerage firm or intermediary such as ADP to CIBC Mellon at: In Toronto: CIBC Mellon Trust Company Attention: Proxy Department 200 Queen's Quay East Unit 6 Toronto, Ontario M5K 4K9 FAX: 416-368-2502 In Vancouver: CIBC Mellon Trust Company Attention: Proxy Department Suite 1600 1066 West Hastings Street Vancouver, British Columbia V6E 3X1 FAX: 416-368-2502 Coeur understands that arrangements have been made for CIBC Mellon's Toronto office to be open for the deposit of proxies at 8:30 a.m. (Toronto time) on July 2, 2004 and CIBC Mellon's Vancouver office to be open for the deposit of proxies at 7:45 a.m. (Vancouver time) on Friday July 2, 2004. Due to the Canada Day holiday, CIBC Mellon Trust Company's offices in Toronto and Vancouver will not be open for the delivery of proxies by courier or in person on July 1, 2004. Proxies may be deposited on July 1, 2004 by fax. If shareholders have any questions about how to vote, revoke or change their vote, please call MacKenzie Partners, Inc. at 1-800-322-2885 (toll-free) or 212-929-5500 (call collect). CIBC World Markets Inc. and JP Morgan are acting as co-financial advisors to Coeur. Coeur d'Alene Mines Corporation is the world's largest primary silver producer, as well as a significant, low-cost producer of gold. The Company has mining interests in Nevada, Idaho, Alaska, Argentina, Chile and Bolivia. Cautionary Statement This document contains numerous forward-looking statements relating to the Company's silver and gold mining business. Such forward-looking statements include the statements above as to the impact of the proposed acquisition on both the combined entity and the Company's stockholders. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the Company's control. These include negotiation and completion of a formal transaction agreement, governmental regulatory processes, the Company's ability to successfully integrate the operations of Wheaton River, assumptions with respect to future revenues, expected mining program performance and cash flows and the outcome of contingencies. Operating, exploration and financial data, and other statements in this document are based on information the company believes reasonable, but involve significant uncertainties as to future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, the completion and/or updating of mining feasibility studies, changes that could result from the Company's future acquisition 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 the Company's filings from time to time with the SEC, including, without limitation, the Company's reports on Form 10-K and Form 10-Q. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise. This communication is neither an offer to purchase nor a solicitation of an offer to sell shares of Wheaton River or Coeur. This communication is not a solicitation of a proxy from any security holder of Coeur d'Alene Mines Corporation or Wheaton River Minerals Ltd. YOU ARE URGED TO READ ALL TENDER OFFER MATERIALS AND ANY RELATED PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS WHEN FILED WITH THE SEC AND THE SECURITIES COMMISSIONS OR EQUIVALENT REGULATORY AUTHORITIES IN CANADA BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. You will be able to obtain such materials, and any amendments and supplements thereto, (as they become available) without charge at the SEC's website, http://www.sec.gov/. In addition, you may obtain tender offer materials and any related proxy statement/prospectus (as they become available) and the other documents filed by Coeur with the SEC by requesting them in writing from, 400 Coeur d'Alene Mines Building, 505 Front Avenue, Coeur d'Alene, Idaho 83814, Attn: Investor Relations, tel: (208) 667-3511. DATASOURCE: Coeur d'Alene Mines Corporation CONTACT: James A. Sabala, Chief Financial Officer, +1-208-769-8152, or Mitchell J. Krebs, Vice President Of Corporate Development, +1-773-255-9808, both of Coeur d'Alene Mines Corporation; or Joele Frank or Judith Wilkinson, both of Joele Frank, Wilkinson Brimmer Katcher, +1-212-355-4449; or Dan Burch or Steve Balet, both of MacKenzie Partners, Inc., +1-212-929-5500, for Coeur d'Alene Mines Corporation Web site: http://www.coeur.com/

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