Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Coeur d'Alene Mining (CDE) -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (354)	10/17/2001 4:18:32 PM
From: Robert J Mullenbach	Read Replies (2) \| Respond to of 621

$$ NEWS $$ Coeur's Bolivian Subsidiary Awarded U.S. Trade and Development Agency Grant to Commence Final Feasibility Study At San Bartolome Silver Project COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Oct. 17, 2001--Coeur d'Alene Mines Corporation (NYSE: CDE - news) is pleased to announce that its wholly owned Bolivian subsidiary, Empresa Minera Manquiri S.A. (``EMMSA'') has been awarded a grant by the U.S. Trade and Development Agency (``TDA'') to complete a final feasibility study at its San Bartolome silver project near Potosi, Bolivia. Having completed a third party review of EMMSA's application, TDA has agreed to fund up to 43 percent (approximately $760,000) of the estimated $1.77 million cost of the study. TDA funding will be formalized with a grant signing ceremony to be held at the U.S. Embassy in Bolivia. In its pre-feasibility study completed in December 2000, Coeur confirmed San Bartolome as a technically feasible and economically attractive silver mining project based on the following: A capital investment of $60-$70 million. Production of six million ounces of silver annually for a minimum of eight years. Estimated operating cash costs of $3.50 per ounce. An average life-of-mine silver price of $5.00 per ounce. Coeur expects that the feasibility study, which should be completed in the first quarter of 2002, will incorporate a number of optimization opportunities that were identified during the pre-feasibility stage. biz.yahoo.com XXXXXXXXXXXXX added some today for the big long shot gamble,