Abet Chichi2

[bob3]

Coeur Reports Significant Results from Its 2007 Exploration Program
Thursday February 28, 9:00 am ET
-- Success Leads to Near Doubling of 2008 Companywide Exploration Budget --
-- Aggressive 2008 Budget for New Palmarejo Project --
-- Substantial Silver and Gold Grades from Drilling at Guadalupe and Los Bancos --


COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Coeur d’Alene Mines Corporation (NYSE:CDE - News) (TSX:CDM - News) (ASX:CXC - News) today announced significant results from its $14.9 million exploration program during 2007. Coeur’s exploration strategy continued to focus on cost-effectively adding new mineralization at its existing properties while continuing to expand the Company’s greenfields initiatives.
Due to this success and the addition of the Palmarejo Project in late 2007, the Company has increased its 2008 exploration budget to a record $27.6 million, with almost a third of that amount allocated to Palmarejo, where production is expected to commence next year at annualized levels of approximately 10.4 million ounces of silver and 115,000 ounces of gold.

Highlights of the 2007 program include:

http://biz.yahoo.com/bw/080228/20080228005267.html?.v=1