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Two New Directors Elected to Coeur D'alene Mines Corporation at
2005 Annual Meeting
COEUR D'ALENE, Idaho, May 10 /PRNewswire-FirstCall/ -- Coeur d'Alene Mines
Corporation (NYSE: CDE; TSX: CDM) the world's largest primary silver producer,
today announced the election of Andrew Lundquist and Alex Vitale as the newest
members of its Board of Directors, at the Company's Annual Shareholders meeting
held today in Coeur d'Alene.
Mr. Lundquist is Managing Partner of Lundquist, Nethercutt & Griles LLC, a
business and government relations consulting and project management firm he
founded in 2002. He is also a Director of Pioneer Natural Resources Company,
an oil and gas company, and AREVA, the American division of a French nuclear
company.
Mr. Vitale is Managing Director in the Technology Investment Banking Department
of Deutsche Bank Securities Inc.
Each of the nine members of Coeur's Board of Directors were elected to one year
terms by more than 95% of the votes cast at the Annual Meeting and a quorum of
83% of shareholders voting. In addition to Mr. Lundquist and Mr. Vitale,
re-elected directors to the board were Dennis E. Wheeler, James J. Curran,
Cecil D. Andrus, John H. Robinson, Robert E. Mellor, Timothy R. Winterer and J.
Kenneth Thompson. Voting on the proposal for the 2005 Non- employee Directors'
Equity Incentive Plan was adjourned until June 3, 2005 due to lack of quorum
established at the meeting for this proposal.
Coeur d'Alene Mines Corporation is the world's largest primary silver producer,
as well as a significant, low-cost producer of gold. Coeur has mining
interests in Nevada, Idaho, Alaska, Argentina, Chile and Bolivia and Australia.
Contact: Tony Ebersole
Director of Investor Relations
800-523-1535
Cautionary Statement
This document contains 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 these
forward-looking statements, whether as a result of new information, future
events or otherwise.
DATASOURCE: Coeur d'Alene Mines Corporation
CONTACT: Tony Ebersole, Director of Investor Relations of Coeur d'Alene
Mines Corporation, 1-800-523-1535
Web site: http://www.coeur.com/