COEUR D'ALENE MINES CONTINUES EFFORTS TO DEVELOP KENSINGTON, ALASKA, GOLD MINE.COEUR D'ALENE Coeur d'Alene, city, United States Coeur d'Alene (kûrdəlān`), city (1990 pop. 24,563), seat of Kootenai co., N Idaho, near the Wash. line; inc. 1907. , Idaho--(BUSINESS WIRE)--Jan. 15, 1997--Coeur d'Alene Mines Corp. emphasized today that it was continuing diligently dil·i·gent adj. Marked by persevering, painstaking effort. See Synonyms at busy. [Middle English, from Old French, from Latin d to pursue the development of its major Kensington gold project northwest of Juneau. Coeur coeur (ker) [Fr.] heart. coeur en sabot (on sa-bo´) a heart whose shape on a radiograph resembles that of a wooden shoe; seen in tetralogy of Fallot. said that the remaining major permits from federal agencies are expected to be issued in draft form in the first quarter of this year. With the remaining permits in hand, Coeur will be in a position to make a decision concerning construction of the mine. Kensington is a major gold property containing approximately two million ounces in reserves. Following a positive construction decision, a two-year construction phase would be followed by production of an estimated 200,000 ounces of gold annually for at least ten years. The above forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involve risks and uncertainties including those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc estimated production data, expected operating schedules, and other operating data. A full discussion of these and other factors are made in Coeur's 10-K, 10-Q and other Securities and Exchange Commission filings. CONTACT: Coeur d'Alene Mines Corp. Anthony Ebersole, 208/667-3511 |
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