Tahoe Announces Results Of La Arena II Preliminary Economic Assessment

Tahoe Resources (“Tahoe” or the “Company”) (TSX: THO, NYSE: TAHO) is pleased to announce the results of its preliminary economic assessment for La Arena II, a copper-gold porphyry project in Peru. Tahoe expects to continue its evaluation of La Arena II with the intent of advancing it to the prefeasibility or feasibility stage. The timeline and estimated capital required to advance the project to the next stage are under review. The project will be evaluated in the context of existing operations and pipeline opportunities with the intention of progressing it responsibly in order to maximize value for Tahoe’s shareholders.

The 2018 La Arena II PEA supersedes the 2015 feasibility study. The prior feasibility study considered a small capital-constrained project with restrictive financial hurdles.

The resulting Mineral Reserve estimate presented in the prior study represented only a small portion of the total Mineral Resources. Tahoe’s PEA includes new exploration drilling results and re-evaluates the La Arena copper-gold porphyry project in the context of a long-term copper-gold project designed to world standards.

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