Coeur Notified of Reinstated Permit at Kensington Gold Mine

COEUR D'ALENE, Idaho, March 30  /PRNewswire-FirstCall/ -- Coeur d'Alene Mines Corporation (NYSE: CDE; TSX: CDM) announced today that it has received notification that the United States Army Corps of Engineers has reinstated Coeur Alaska's 404 permit authorizing activities related to the construction of the company's tailings disposal facility at the Kensington underground gold mine in Alaska.

"We're confident the Corps of Engineers has done a diligent job in reviewing the permit," said Dennis E. Wheeler, Coeur's Chairman, President, and Chief Executive Officer.  "The reinstatement is a validation of the rigorous scientific and engineering analysis that formed the basis of the original permit.  The reinstatement is also a validation of the fundamental environmental soundness of Kensington."

Wheeler added, "We will now focus on moving forward with the full-scale construction of the mine," said Wheeler.   "We look forward to seeing this project fulfill its promise of generating significant economic value for investors, employees, and the economy of Southeast Alaska.  We believe we are in a position to begin producing gold at Kensington during 2007."

Coeur d'Alene Mines Corporation is the world's largest publicly traded primary silver producer and has a strong presence in gold.  The Company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Idaho.

Cautionary Statement

Company press releases may contain numerous forward-looking statements within the meaning of securities legislation in the United States and Canada relating to the Company's silver and gold mining business. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the Company's control. 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, currency exchange rates, and the completion and/or updating of mining feasibility studies, 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, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors set out in the Company's filings from time to time with the SEC and the Ontario Securities Commission, including, without limitation, the Company's reports on Form 10-K and Form 10-Q. 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 such forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:  Scott Lamb  208-665-0777 

DATASOURCE: Coeur d'Alene Mines Corporation



CONTACT:  Scott Lamb of Coeur d'Alene Mines Corporation, [phone]



Web site:  http://www.coeur.com/ 

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