Coeur Mining Unveils High-Grade Drilling Results at Las Chispas and Kensington

URGENT UPDATE: Coeur Mining, Inc. has just announced remarkable high-grade drilling results from its Las Chispas silver-gold mine in Sonora, Mexico, and the Kensington gold mine in Alaska. The latest findings indicate some of the highest mineral grades ever recorded, sending ripples through the mining community and energizing investors.

At Las Chispas, drilling has revealed bonanza-grade intercepts, including an astonishing 1.0 foot segment yielding 4.61 ounces per ton (oz/t) gold and 392 oz/t silver. This breakthrough comes as the company intensifies its exploration efforts with a total of nine drill rigs now operational, aimed at expanding resource growth across multiple veins.

In Alaska, the Kensington mine is also showcasing high-grade potential. Drilling in the Upper Kensington zone has returned significant results, including 7.1 feet at 11.5 oz/t gold, further confirming the continuity of valuable mineral zones. Notably, the Kensington operation is projected to extend its mine life to five years, bolstered by these impressive findings.

Mitchell J. Krebs, Chairman and CEO of Coeur Mining, stated,

“Our sustained focus on organic growth through brownfield exploration continues to set us apart, driving consistent reserve and resource increases.”

This sentiment is echoed by the recent success at Las Chispas, where the Augusta vein is rapidly expanding, with standout intercepts recorded at 1.2 feet of 0.81 oz/t gold and 113.8 oz/t silver.

The Las Chispas mine, acquired in February 2025, is currently undergoing a strategic drilling program that has confirmed existing resources cover only about 55% of the known silver-gold veins. Enhanced exploration efforts are expected to unlock more significant discoveries and resource upgrades.

Meanwhile, the Kensington mine is thriving with ongoing exploration confirming continuity in multiple vein zones. Recent results from the Lower Kensington zones indicate that mineralization continues at depth, with key highlights including 19.2 feet at 1.57 oz/t gold.

The implications of these discoveries are profound. As the mining sector faces fluctuations in gold and silver prices, Coeur Mining’s ability to uncover such high-grade resources positions the company favorably for future growth and operational flexibility.

As exploration continues, investors and stakeholders are advised to stay tuned for further updates. Coeur Mining’s aggressive drilling strategy is expected to yield more high-impact results, driving both production and shareholder value in the coming months.

For more detailed information, including a complete table of drill results, visit Coeur’s official website.