Coeur Mining expands exploration at Canadian operations

Coeur Mining, Inc. (NYSE, TSX:CDE) has announced plans to expand exploration at its Canadian operations, British Columbia and Ontario, with a budget of $158 million in 2026, more than double the 2025 levels. At New Afton’s K-Zone deposit, expansion drilling has extended mineralization by more than 300 meters beyond the original footprint of approximately 850 meters.

The K-Zone deposit has a maiden mineral resource of 48 million tonnes of measured and indicated resources and 6 million tonnes of inferred resources. Coeur Mining also acquired New Gold Inc. on March 20, 2026, gaining ownership of both operations.

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