Coeur Mining Silvertip: Silver, Zinc & Critical Metals

Coeur Mining Silvertip is one of the highest-grade silver-zinc-lead deposits in the world, and confirmed assay data now shows the British Columbia project also hosts gallium, indium, and germanium — three critical minerals central to semiconductor, solar, and fibre-optic supply chains. Coeur Mining, Inc. (NYSE, TSX: CDE) has made Silvertip a centrepiece of its record 2026 exploration program, the largest in the company’s history.

Coeur Mining Silvertip: Company Overview

Coeur Mining is a U.S.-based precious metals producer headquartered in Chicago, Illinois. Following its acquisition of New Gold, which closed on 20 March 2026, Coeur now operates seven wholly-owned mines across Canada, Mexico, and the United States, including the New Afton gold-copper mine and Rainy River gold-silver mine in Canada, Las Chispas and Palmarejo in Mexico, and Rochester, Kensington, and Wharf in the United States. In addition to these producing operations, Coeur wholly owns the Silvertip polymetallic critical minerals exploration project in northern British Columbia. The company reported record first-quarter 2026 revenue of $856.2 million, up 138% year-over-year, and reaffirmed full-year guidance of more than $3 billion in EBITDA.

Key Assets & Operations

Silvertip sits roughly 107 kilometres southwest of Watson Lake, Yukon, in the Rancheria watershed, accessible year-round via an established forestry road connecting to the Alaska Highway. Coeur acquired the project and its infrastructure in 2017 and suspended mining and processing in early 2020 to evaluate a larger, optimised expansion. As of 31 December 2025, Silvertip hosted measured and indicated resources of 57.6 million ounces of silver, 685.5 million pounds of zinc, and 1.2 billion pounds of lead, plus inferred resources of 11.4 million ounces of silver, 272.6 million pounds of zinc, and 134.7 million pounds of lead, across a 104,854-net-acre land position held 100% by Coeur.

Beyond the primary silver-zinc-lead ore, assay data from Coeur’s 2024 district-wide program confirmed elevated concentrations of gallium and indium alongside copper, gold, and tin — a signature the company links to proximity to the deposit’s magmatic heat source within its Carbonate Replacement Deposit (CRD) system. SEC filings from 2023 also identify germanium as present in the orebody and under active geochemical study, consistent with USGS Mineral Commodity Summaries data on polymetallic silver deposits as a major global source of byproduct critical minerals. Silvertip’s 2024 drilling more than doubled the strike length of the Southern Silver Zone to over 2,000 metres and extended the Saddle Zone, while regional surveys across roughly 37,000 hectares identified three additional high-priority exploration targets sharing Silvertip’s geology.

Latest Projects & Developments

Coeur has budgeted its largest exploration program in company history for 2026, with Silvertip named as a specific focus alongside resource expansion work at Palmarejo and Las Chispas. Management has indicated it is evaluating a transition from exploration to a pre-feasibility study at Silvertip, citing higher silver prices and Canadian federal support for critical minerals projects as factors that could shorten the roughly four-year runway previously anticipated before a restart decision. Historically, Coeur has funded Silvertip drilling through Canadian flow-through share private placements — including a C$34 million raise in February 2024 — which qualify investors for Canadian Exploration Expenditure tax treatment. A 2026 drill program using up to five rigs is testing the Southern Silver, Discovery, Camp Creek, and Saddle zones, with assay results expected later in the year following the summer drilling season.

Coeur Mining Silvertip in the Global Critical Minerals Market

Gallium, indium, and germanium are all classified among Canada’s official list of 34 critical minerals, and British Columbia already hosts advanced projects and mines producing both indium and germanium. That positions Coeur Mining Silvertip as a potential North American source for metals used in semiconductors, 5G components, touchscreen and solar-panel coatings, and fibre-optic and infrared systems — categories where Western supply chains remain heavily dependent on Chinese processing. Combined with Silvertip’s underlying silver and zinc exposure, the project gives Coeur multi-metal leverage to both precious metals pricing and critical minerals policy support, including Canada’s expedited permitting initiatives for strategic mineral projects.

Company Snapshot

The table below summarises Coeur Mining Silvertip’s key operational facts alongside the parent company’s current scale.

With Silvertip’s resource base growing each drilling season and Coeur directing record exploration capital toward the project in 2026, Coeur Mining Silvertip looks increasingly likely to advance toward a formal development decision rather than remain a long-dated optionality play.