Alaska Miner Magazine, Fall 2019

Coeur Alaska Kensington Mine celebrates 1 millionth ounce

SPECIAL TO THE ALASKA MINER Coeur Alaska Kensington Mine recently celebrated its 1 millionth ounce of gold produced since op- P]L_TZY^MPRLYTY5`Wdɭ?ST^ important milestone was achieved through the hard work and deter- mination of the past and present Kensington team. Not only is it a celebration of our accomplishment but a recognition of what the po- tential is here in the district,” said Mark Kiessling, General Manager. Gold production at Coeur Alas- ka Kensington Mine has increased TY _SP ʭ]^_ _bZ \`L]_P]^ ZQ $ compared to production in the ʭ]^_ _bZ \`L]_P]^ ZQ #  ?SP XTYPSL^MPPYMPYPʭ_TYRQ]ZX_SP STRSR]LOP 5`LWTY OP[Z^T_ bSTNS began commercial production in /PNPXMP]#5`LWTYLNNZ`Y_PO for approximately 17% of Kens- ington’s production during the ^PNZYO\`L]_P]ZQ$LYOT^Pc - pected to contribute to higher pro- duction levels and lower unit costs when compared to 2018 for the remainder of 2019. During this WL^_ \`L]_P] Pc[WZ]L_TZY LN_TaT_TP^ for three underground core drill rigs were primarily focused on resource expansion drilling with an emphasis on Lower Raven and 0WXT]L=P^`W_^Q]ZX_SPPc[LY - ^TZYO]TWWTYRL_0WXT]LNZY_TY`P_Z be encouraging. One surface rig MPRLY O]TWWTYR TY WL_P 5`YP ZY _SP Comet Vein, which lies above the Kensington access tunnel. Limit- POTYʭWWO]TWWTYRO`]TYR_SP\`L] - _P] bL^ NZX[WP_PO L_ _SP 0WXT]L and Raven veins. The strategy at Kensington is to continue drilling Z_SP]VYZbY5`LWTYWTVPOP[Z^T_^ TYNW`OTYR 0WXT]L 0`]PVL .ZXP_ =LaPYLYO5ZSY^ZY_ZPc_PYO_ST^ STRSP]R]LOP WZbP]NZ^_ []ZʭWP

Production guidance remains at 117,000-130,000 ounces of gold for this year. 4Y5LY`L]d.ZP`],WL^VL6PY^ - ington Mine stabilized its long- term power when it commissioned a new state of the art power plant. The new plant consists of 4 pri- mary power generators that can provide up 16 MW of peak power generation, a 30% increase over the existing plant. The plant pro- vides this increased power supply at a lower emissions rate decreas- ing the sites impact on the envi- ronment. Kensington also expects to see lower diesel costs, improved maintenance costs, increased op- erator safety, and improved plant reliability with the new plant. The mine has seen steady im- provement to its automation program through training, in- frastructure development, and technology adoption by engi- neering and operations into the mine plan in 2019. Mine site in- frastructure improvements are paving the way for automated hauling, loading, ventilation on demand, and custom Wi-Fi-lim- ited data collection technologies. Automated and semi-automated ore loading is now in operation on multiple levels of the mine, while tablets installed in the haul trucks are collecting user-direct custom OL_L_ZSPW[OPNT^TZYXLVP]^ʭYO business opportunities. This in- novation momentum continues to grow as successful user acceptance NdNWP^M`TWONZYʭOPYNPbT_SZ[P] - ators and decision makers at the Kensington Mine. At Coeur Alaska, we under- stand that we are an integral part of the fabric of the communities in which we live and operate. We

believe in fostering a strong cul- ture of corporate responsibility that enables our operations and employees to engage in a wide array of sustainability initiatives. Since 2011, Coeur Alaska employ- ees have participated in an annu- al United Way of Southeast Alaska 0X[WZdPP BZ]V[WLNP .LX[LTRY For 2019, Coeur and its employees pledged $29,816 to the campaign to support solutions that improve PO`NL_TZY ʭYLYNTLW ^_LMTWT_d LYO health. The United Way workplace campaign gives employees the op- portunity to donate, volunteer and speak out for causes that matter to them. Recently, Coeur Alas- VL 6PY^TYR_ZY 8TYP OZYL_PO ʭaP sleeper trailers to Central Council Tlingit & Haida’s Reentry & Re- NZaP]dOP[L]_XPY_TY5`YPL`,6 These sleeper trailers will be used to create housing for clients that are reentering the community. In addition to the trailers, Coeur Alaska also made a $20,000 mon- etary donation to Tlingit & Haida to help renovate the trailers. The renovation work will be completed by reentry clients under the guid- ance of an experienced contractor and in partnership with Tlingit & 3LTOLɪ^BZ]V0c[P]TPYNPLYO:Y _SP5ZM?]LTYTYR[]ZR]LX^ Coeur Alaska also works on strengthening our communi- ties by investing in education. We partner with United Way on the Learn United Reading Tutor Pro- gram, where we coordinate volun- teers that work with students with the goal of the students reading at grade level by the third grade. Coeur Alaska also partners with the University of Alaska Southeast to provide Diesel Technology and AZNL_TZYLW0O`NL_TZY^NSZWL]^ST[^

The Alaska Miner

October 2019

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