Kensington Gold Mine Receives Prestigious Bureau of Land Management Award
August 09 2006 - 10:00AM
PR Newswire (US)
COEUR D'ALENE, Idaho, Aug. 9 /PRNewswire-FirstCall/ -- Coeur
d'Alene Mines Corporation (NYSE: CDE; TSX: CDM) said that its
Kensington Gold Mine in Alaska has been chosen to receive the
prestigious 2006 Hardrock Mineral Community Outreach and Economic
Security Award presented by the U.S. Bureau of Land Management
(BLM). In an award letter, BLM Director Kathleen Clarke noted that
the award is presented annually to "those hardrock mining projects
that have shown responsible mineral resource development while
demonstrating an understanding of sustainable development. We
salute the effort of all employees at Coeur Alaska's Kensington
Gold Mine for their outstanding accomplishments and contributions
to the community." Coeur's Chairman, President and Chief Executive
Officer Dennis E. Wheeler said, "We are honored and humbled to be
recognized by the BLM with this award. BLM is uniquely qualified to
determine what constitutes responsible development because of its
very charter, which is to sustain the health, diversity and
productivity of some 260 million acres of public lands for the use
and enjoyment of present and future generations. Since its
inception, the Kensington mine has been guided by principles that
are entirely consistent with this charter." Coeur d'Alene Mines
Corporation is the world's largest publicly traded primary silver
producer and has a strong presence in gold. The Company has mining
interests in Alaska, Argentina, Australia, Bolivia, Chile, and
Nevada. Cautionary Statement Company press releases may contain
numerous forward-looking statements within the meaning of
securities legislation in the United States and Canada relating to
the Company's silver and gold mining business. Such statements are
subject to numerous assumptions and uncertainties, many of which
are outside the Company's control. 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, currency exchange rates, and 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 and
the Ontario Securities Commission, 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 such forward-looking statements,
whether as a result of new information, future events or otherwise.
Contact: Scott Lamb 208-665-0777 DATASOURCE: Coeur d'Alene Mines
Corporation CONTACT: Scott Lamb of Coeur d'Alene Mines Corporation,
+1-208-665-0777 Web site: http://www.coeur.com/
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