TAHLTAN CENTRAL GOVERNMENT – INDUSTRY REPORT 2022
ACTIVE PROJECT
SILVERTIP MINE – COEUR SILVERTIP HOLDINGS
Coeur Silvertip Holdings Ltd. 554-Four Bentall Center, 1055 Dunsmuir St. (Mail Box 49245), Vancouver, BC coeur.com CONTACTS GENERAL INQUIRIES
John Emery Community Relations Manager
PROPERTY LOCATION & ACQUISITION DATE
PROJECT ACTIVITIES IN THE 2021 SEASON
The Silvertip Mine is located off the Alaska Highway, approximately 20 km south of the Yukon border, 320 km north of Dease Lake and 107 km south-west of Watson Lake. Coeur Silvertip acquired the property in October 2017.
In February 2020, we temporarily suspended mining and processing activities at Silvertip. Since then, we have been focused on three main activities: exploration, environmental stewardship and evaluating the potential restart and expansion of Silvertip. In 2021, we carried out substantial surface and underground exploration programs and decommissioned and removed much of the old mill, opened a new administration building, and undertook preliminary construction work to prepare the site for potential future developments. We also enhanced our environmental management systems and operating procedures.
COMPANY OVERVIEW & UPDATE Any successes or challenges you’d like to share? In January 2021, the Tahltan Nation and Coeur Silvertip signed an Impact Benefit Agreement (IBA), laying the foundation for a long-term, mutually beneficial relationship that respects Tahltan interests and values. Other 2021 successes included: •
We made strong progress in implementing the IBA, including establishment of a Joint Implementation Committee and an Environmental Technical Working Group, and had productive engagement through these groups.
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Made significant improvements in environmental management;
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Achieved significant reductions in incident and injury frequency (year over year);
Karen McKechnie Human Resources Manager
•
Attained best annual safety performance to date – 283 injury free days;
778 738 0640 ext. 515 kmckechnie@coeur.com
•
Decommissioned mill without injury or incident;
Number of employees working on your project(s)?
•
Decommissioned and removed much of the old mill, floatation cells and crusher, and foundations for a future mill were installed; and,
We currently have 81 employees working at Silvertip.
•
Continued to generate positive results from ongoing exploration and confirmatory metallurgical test work.
604 812 1022 jemery@coeur.com LEADERSHIP
Steve Rowles General Manager 778 738 0640 ext. 513 srowles@coeur.com EMPLOYMENT
ENVIRONMENT
Erin Hallenburg Environmental Manager 604 220 8608 ehallenburg@coeur.com Right: Coeur Mining Inc. – Silvertip Mine map.
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COVID-19 continued to challenge operations. However, our rigorous testing and prevention protocols mitigated effects. Positive cases were promptly identified and isolated onsite until they tested negative. We achieved 100% COVID-19 vaccination for all workers onsite and continue to monitor trends, modify our COVID protocols and keep Tahltan Leadership apprised of COVID status.
Where does the majority of your financing come from year to year and what’s your company’s market cap? Our financing comes from our parent company, Coeur Mining, Inc., which is headquartered in Chicago and is a public company listed on the New York Stock Exchange. Coeur Silvertip is wholly owned by Coeur Mining, Inc., which in turn (being a public company) is owned by many types of shareholders, including members of the general public and institutional investors. At the time of submission, Coeur Mining’s market cap is approximately US$1.3 billion.
