operated by Perilya Limited (Perilya) an Australian publicly-traded company (ASX.PEM). Perilya
controls mining, processing facilities and all Mineral Reserves and Resources contained on these
concessions; all of which have been legally surveyed. Coeur d’Alene Mines (Coeur) purchases the
silver production and Mineral Reserves contained in the Broken Hill mine.
Under modified terms of this financial transaction between Coeur and Perilya, Coeur owns the
rights to a maximum of 24.5 million contained (17.2 million payable) troy ounces of silver to be
mined from Mineral Reserves, Resources and future discoveries at the Broken Hill mine. All rights
to the mineral concessions, mining or ore processing facilities or any other property rights are
retained by Perilya and Perilya will continue to be the mine operator.
The Broken Hill Mine can be easily reached by air or by paved road from Adelaide, South
Australia which is approximately 350 kilometers to the south west or by paved road from Cobar,
New South Wales which is approximately 300 kilometers to the east (Figure 1.1).