What is the total of the company’s silver and gold reserves and resources?
Coeur’s silver proven and probable mineral reserves grew 15% in 2008 to a record 248 million ounces as of December 31, 2008. In addition, silver measured and indicated resources increased 6% to 236 million ounces and silver inferred resources stood at 89 million ounces at year-end. These increases are driven primarily by increases of reserves and resources at Palmarejo as a result of the Company’s 2008 drilling activities. The Company’s gold mineral reserves increased 54% to 2.3 million ounces in 2008. Gold measured and indicated resources totaled 1.8 million ounces while gold inferred resources increased 11% to 1.3 million ounces at year-end. While reserves at Kensington increased 9%, the primary driver of these year-over-year gold reserve and resource increases was due to drilling success at Palmarejo during the year. 11.
