[Goldfisch]

Coeur Announces Managerial Promotions as the Company Continues to Prepare for Growth

05.04.2004
20:17

COEUR D''ALENE, Idaho, April 5 /PRNewswire-FirstCall/ -- Coeur d''Alene Mines Corporation , the world''s largest primary silver producer, today announced several promotions within its managerial staff as the Company continues to advance its future growth projects.

Troy Fierro, will assume of the position of Senior Vice President of Coeur Alaska, Inc., which includes the Company''s major Kensington gold project, in addition to his current role as Vice President of Mining Operations for the Company. Mr. Fierro joined Coeur in 1997 as Chief Mine Engineer of the Company''s flagship Rochester Mine. He advanced to Technical Services Superintendent and Vice President-General Manager at the Rochester Mine, prior to his promotion to Vice President Mining Services within the Coeur Corporate Group.

Tim Arnold will be relocating to Juneau, Alaska as the Vice President and General Manager of the Kensington gold project. Mr. Arnold joined Coeur in 2001 as Vice President and General Manager of Coeur Rochester. While he will undertake this new role immediately, Rick Richins will continue to manage the permitting portion of the Kensington project until completion. Mr. Arnold has over 25 years of progressive mining experience, specializing in underground mining, which will benefit the Kensington Project.

Chris Harrison has been named Vice President of Operations CDE Chile, the Company''s Chilean subsidiary, where he helped lead Coeur''s development of its low new cost silver/gold operations. Mr. Harrison has over 32 years of progressive mining experience.

Barry Olson has accepted the position of Vice President, General Manager of Coeur Rochester, the Company''s flagship operation in Nevada. Mr. Olson joined Coeur in 2001 as Process Manager at Coeur Rochester, advancing to the position of Vice President and General Manager of CDE Chile, Coeur''s Chilean subsidiary in 2002. He has over 17 years of progressive mining experience in both South America and the United States.

"With our two development stage properties moving ahead at a better than expected pace and with favorable conditions in the marketplace, we felt now was the opportune time to not only recognize our executives but also to place them in positions that will enhance the Company''s growth strategy," said Robert Martinez, President and Chief Operating Officer.

Coeur d''Alene Mines Corporation is the world''s largest primary silver producer, as well as a significant, low-cost producer of gold. The Company has mining interests in Nevada, Idaho, Alaska, Argentina, Chile and Bolivia.

Contact: Heather Turner, Manager Public, Community and Governmental Relations Coeur d''Alene Mines Corporation, 208-769-8155 Cautionary Statement

This document contains numerous forward-looking statements relating to the Company''s silver and gold mining business. The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. Operating, exploration and financial data, and other statements in this document are based on information the company believes reasonable, but involve significant uncertainties as to future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, changes that could result from the Company''s future acquisition of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, and risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.

Coeur d''Alene Mines Corporation

© PR Newswire