Coeur Mining doubles 2026 exploration spend to $158 million for Palmarejo, Las Chispas drilling in Mexico
CDE•Coeur outlines record 2026 Mexico exploration program
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.
- Planned spend totals $24 million for 119 km of drilling 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.




