Alaska Miner Magazine, Fall 2020

Photo Courtesy Kensington Mine

Coeur Alaska Kensington Mine achieved record production of 127,914 ounces of gold in 2019.

Coeur Alaska Kensington Mine reports gold record

production of 127,914 ounces of gold in 2019. Celebrating its 10th year of operation in 2020, Kensington has continued strong producing 65,080 oz of gold in the first half of the year. The mine has achieved over 1 million ounces since production be- gan in 2010. Coeur Alaska proposed an amend- ment to its Plan of Operations (POA 1) in December 2018 to increase tail - ings and waste rock storage capaci- ty to support continued production. POA 1 offers environmental benefits of a minimal footprint by using ex- isting infrastructure and enhanced habitat through reclamation efforts that will benefit fish and wildlife. POA 1 is currently being analyzed in a Supplemental Environmen- tal Impact Statement (SEIS) by the

U.S. Forest Service. The Final SEIS is expected to be released mid-year in 2021. The 2020 exploration program at Kensington continues to build on the successes of last year’s drilling campaign by focusing on further ex- panding upper Kensington Zone 30 as well as the Jualin, Eureka, John- son, Raven and Elmira veins. High-grade assay results have been returned from upper Kensing- ton Zone 30, Raven, Elmira and Eu - reka, all of which are located near existing infrastructure and repre- sent new potential resource growth areas. The program is focused on in- creasing resources, which have the potential to be incorporated into the mine plan with continued drilling.

Mine has achieved over 1 million ounces since 2010 COVID-19 has transformed the way we live and work. At Coeur Alas- ka Kensington Mine, these chang- es include modified work rotations, rigorous testing, site-wide health protocols and pre-rotation quaran- tines. Our employees have done an out- standing job adapting to our mod- ified procedures and protecting the health and wellbeing of our work- force, families and communities while continuing their essential work. Kensington achieved record

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The Alaska Miner

October 2020

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