Coeur Mining doubles 2026 exploration spend to $158 million for Palmarejo, Las Chispas drilling in Mexico

Reuters2026/07/21 20:36

By:Reuters

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Coeur Mining outlined a 2026 Mexico exploration push, budgeting $158 million, double last year’s level, its largest program to date.
Planned spend totals $27 million for 83 km of drilling at Palmarejo, $24 million for 119 km at Las Chispas.
Palmarejo drilling continues to expand the Eastern District, driving internal development studies for a potential long-term production front.
Las Chispas drilling is scaling up in the Gap Zone, extending several veins beyond 1 km, supporting near-term resource growth.
Total 2026 drilling at both sites is expected to exceed 200,000 meters across scout, expansion, and infill programs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coeur Mining Inc. published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Coeur Mining doubles 2026 exploration spend to $158 million for Palmarejo, Las Chispas drilling in Mexico

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