Tahoe Resources Inc. (“Tahoe”) is the owner of this website. As a condition of using this website and accessing information and data, you agree to the following:

Intellectual property

Tahoe or its third-party service providers own all right, title and interest in this website, including all associated market data and information, and you acquire no interest therein. The materials provided on this website including, without limitation, all content, site design, text, graphics, icons, photographs and logos, and the selection and arrangement thereof, are protected by copyright and all rights are reserved. Any unauthorized use or any copying, reproduction, modification, uploading, posting, transmission or other distribution of the materials is strictly prohibited and may be a violation of trademark and/or copyright laws and is subject to legal enforcement. Nothing in your use of this website grants you any rights in or to the intellectual property or proprietary rights of Tahoe or any third party. You may not frame nor link to this website without Tahoe’s express written permission.

Tahoe’s name, Tahoeresourcesinc.com and related words and logos are trade-marks, trade-names and/or service marks of Tahoe. Nothing on the website shall be construed as granting, either expressly or by implication, a license or other right to you to use any marks or names or other intellectual property of Tahoe. The names of other companies, products or services referred to on this website also may be trade-marks or trade-names of their respective owners, and any unauthorized use of the trade-marks or trade-names of Tahoe or of any third-party is strictly prohibited.

Currency of website

Tahoe takes considerable care and effort to review, and, where it deems appropriate and/or it is legally required, to update the information on this website. However, such information is not intended to be a comprehensive review of all matters and developments concerning Tahoe, and Tahoe cannot guarantee the accuracy, currency or completeness of the information and assumes no responsibility in this regard. Unless otherwise indicated, all information posted on this website is current only as of the date of the document that contains the information, the date on which the document is posted (if indicated) or to the time period to which the document or material relates, whichever is earlier. Tahoe may at any time make changes to the information at this website without prior notice.

Disclaimer and exclusion of liability

The information and materials contained in this website are provided “as is” without any express or implied warranty of any kind, including warranties of merchantability, non-infringement of intellectual property or fitness for any particular purpose. In no event shall Tahoe be liable for any damages whatsoever (including, without limitation, damages due to loss of profits or business interruption) or due to the use or inability to use the materials contained on this website. Any use or reliance on the content of this website shall be at your sole risk.

In particular and among other things, Tahoe shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), loss of profits or opportunities, arising from:

• This website, including, without limitation, as to the accuracy, reliability, currency, veracity or completeness of the content;
• The use of or reliance on information contained in this website;
• Any delays, inaccuracies or errors in, or in the transmission of, any stock price quotes or historical price data;
• Use of any third party websites, including any information or content thereon, linked to this website;
• Any internet software used in connection with this website, or computer viruses or other destructive programs encountered as a result of using this website; and
• Any other matter connected with this website, even if Tahoe is made aware of the possibility of such claims, expenses, damages or losses.

Linked websites

As a convenience to visitors, this website may contain links to a number of third-party websites. You link to such websites or pages at your own risk. Tahoe is not responsible for the accuracy, currency or reliability of any information, data, opinions, advice, statements or other content on linked sites, and links are provided merely as a convenience. The inclusion of such links does not imply that Tahoe endorses or monitors these linked websites. In addition, TAHOE does not warrant or otherwise guarantee that electronic materials on these websites are free of viruses or other harmful components.

Tahoe does not accept any responsibility or liability with respect to linked websites, nor for their content or uses.

No solicitation

Documents, material and information contained in or accessible through this website are for information purposes only and are not intended to and do not constitute an offering of securities in any jurisdiction. Tahoe does not assume any duty of disclosure beyond that which is required by applicable law.

Tahoe is subject to the securities laws of various jurisdictions. Information disclosed or provided by Tahoe pursuant to the securities laws of those jurisdictions is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through or on this website. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information, and no representation or warranty is made by Tahoe to that effect. Tahoe’s Canadian and filings can be viewed on SEDAR at www.sedar.com.

The information set out in this website should not be used for the purpose of making investment decisions with respect to Tahoe securities. We strongly encourage you to seek independent professional advice before making any investment decisions.

Compliance with laws

You agree to use the website, any linked websites and any services available on or through the website or linked websites only for lawful purposes and in a manner consistent with applicable local, national and international laws and regulations. You may not use the website in any manner which could damage, disable, overburden or impair the website or interfere with any other party’s use or enjoyment of the website.

Stock quotes and related information

All stock quotes are delayed unless otherwise stated, and such delays may exceed 20 minutes. All stock quotes and historical stock price data are provided by third-party service providers for informational purposes only and are not intended for trading, business or financial purposes. Tahoe does not guarantee the sequence, accuracy or completeness of any stock quotes available on this website or on any linked website, nor any other data displayed and is not liable or responsible in any way for any delays, inaccuracies or errors in, or in the transmission of, any stock price information or data. Tahoe and its service providers are not liable or responsible in any way for any damages, losses or costs arising from reliance upon this information or incurred as a result of the nonperformance, interruption or termination for any reason whatsoever of the stock price information or data.

Privacy Statement

Maintaining the privacy of your personal information is important to Tahoe. Tahoe ’s website does not collect any personal information about visitors to this website other than as discussed herein or which is specifically and knowingly provided by you. Personal information will not be transferred to any party outside of Tahoe unless otherwise stated at the time of collection. Tahoe may collect and maintain statistics relating to the number of visits to the website, the types of browsers used and the Internet Protocol Address of the originator. This information is used only for internal purposes. Any material, information or other communication (including questions, comments or suggestions) you transmit to Tahoe through this website will be considered non-confidential and non-proprietary. In making any such transmission, you agree that Tahoe will have no obligations of any kind with respect to those communications. Where it is necessary, in order to respond to your enquiry, the communications you provide may be passed on within the Tahoe organization. By sending any communications to us, you are consenting to the personal information contained therein being transferred within Tahoe and being processed by Tahoe for these purposes. You are prohibited from posting or transmitting to or from Tahoe any unlawful, threatening, libelous, defamatory, obscene, pornographic or other such materials or materials or communications that may violate any law.

Tahoe’s Privacy Policy

Jurisdiction

Your use of this website shall be governed by the laws of the Province of British Columbia and any applicable federal laws of Canada. The courts of the Province of British Columbia shall have exclusive jurisdiction over any dispute arising out of your use of this website.

This website contains “forward-looking information” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the US Exchange Act, the United States Private Securities Litigation Reform Act of 1995, or in releases made by the United States Securities and Exchange Commission, all as may be amended from time to time, and “forward-looking information” under the provisions of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of the Company. All statements, other than statements of historical fact, are forward-looking statements. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is expected”, “guidance”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, or variations or comparable language of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.

Forward-looking statements include, but are not limited to, statements related to the following: in regards to the status of the appeals to the Guatemalan Constitutional Court (i) of the decision by the Supreme Court of Guatemala ordering the Guatemalan Ministry of Energy and Mining (“MEM”) to conduct consultation with indigenous populations in certain designated locations in and around the Escobal Mine, (ii) of the decision by the Supreme Court of Guatemala reinstating the Company’s mining license in respect of the Escobal mine, and (iii) relating to Escobal’s export credential, the timing for such appeals to be decided and the likelihood of adverse decisions by the Constitutional Court; the timing and results of other court proceedings; the timing and likelihood of resolving the road blockage affecting the Escobal Mine; the continuation of the expansion plans at Shahuindo and Bell Creek and the on-going review of all other capital and exploration expenditures; the timing and amount of estimated future production, costs of production, capital expenditures and requirements for additional capital, including the expectation of achieving all-in sustaining costs for gold production of less than $1,000 per ounce; the expectation of meeting production targets; growing gold production to over one half million ounces in 2019; the timing and cost of the design, procurement, construction and commissioning of the 24,000 tpd crushing and agglomeration circuit at Shahuindo, as well as the expansion of the Shahuindo Mine to a production capacity of 36,000 tpd with commissioning in mid-year 2018 and achieving the full 36,000 tpd production rate by the end of 2018, providing an expected 80% ultimate gold recovery in line with the pre-feasibility study; the timing for commencement of production at Pad 2B in Q3 2018; the expectation of the capacity of the south waste rock dump at Shahuindo; the timing of completion of the Bell Creek shaft expansion project to double the Bell Creek Mine production to 80,000 ounces of gold per year in 2020, and the expected effect of decreasing operating costs at Bell Creek; the completion of construction of the Phase 5 tailings facility expansion at the Bell Creek Mill ready for operation in accordance with the life of mine plan; care and maintenance plans at Escobal; providing further updates to guidance when additional information regarding the Escobal license is available; the cost and timing of sustaining and project capital expenditures, corporate general and administration expenses, and exploration expenses; expected working capital requirements; the expected depreciation and depletion rates; exploration and review of prospective mineral acquisitions; the anticipated timing of updated Mineral Resource and Mineral Reserve estimates; and the timing, costs, results and impacts of purported class action lawsuits filed against the Company and certain of its officers and directors.

Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Management believes that the assumptions and expectations reflected in such forward-looking statements are reasonable. Assumptions have been made regarding, among other things: the Company’s performance and ability to operate and implement operational improvements at the Escobal, La Arena, Shahuindo and Timmins Mines; studies and development efforts on the La Arena II deposit; the Company’s ability to carry on exploration and development activities, including land acquisition and construction; the availability and sufficiency of power and water for operations; the timely receipt of permits and other approvals; the successful outcomes of consultations with indigenous populations; the price of silver, gold and other metals; prices for key mining supplies, including labor costs and consumables, remaining consistent with the Company’s current expectations; production meeting expectations and being consistent with estimates; plant, equipment and processes operating as anticipated; there being no material variations in the current tax and regulatory environment; the Company’s ability to operate in a safe, efficient and effective manner; the exchange rates among the Canadian dollar, Guatemalan quetzal, Peruvian sol and the USD remaining consistent with current levels; the ability to resolve the protests and road blockages of the Escobal Mine; the timing and amount of foregone taxes and royalties; the timing and likelihood of further workforce reductions; the timing and ability of the Company to resume operations in the event suspension of the mining license to Minera San Rafael for the Escobal Mine is lifted and all licenses, permits and credentials affecting the operation of the Company’s mines, including the Escobal Mine, are renewed or re-issued and all roadblocks are resolved, and relationships with the Company’s partners, including employees, vendors and community populations are maintained or effectively managed; the Company’s ability to obtain financing as and when required and on reasonable terms; and the Company’s ability to continue to comply with the terms of the credit agreements with its lenders. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors include but are not limited to; the fluctuation of the price of silver and gold; opposition to development and mining operations by one or more groups of indigenous people; actions that impede or prevent the operations of the Company’s mines; the inability to develop and operate the Company’s mines; social unrest and political or economic instability and uncertainties in the jurisdictions in which the Company operates; the timing and ability to maintain and, where necessary, obtain necessary permits and licenses; changes in national and local government legislation, taxation and controls or regulations; environmental and other governmental regulation compliance; un-appealable judicial decisions; the uncertainty in the estimation of Mineral Resources and Mineral Reserves; fluctuations in currency exchange rates; infrastructure risks, including access to roads, water and power; and the timing and possible outcome of pending or threatened litigation and the risk of unexpected litigation. For a more detailed discussion of risks relevant to the Company see the Company’s Annual Information Form available on SEDAR under the heading “Description of Tahoe’s Business – Risk Factors Relating to Tahoe’s Business”, and “- Risk Factors Relating to Tahoe’s Shares”.

Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. Except as otherwise indicated by the Company, these statements do not reflect the potential impact of any non-recurring or other special items or of any disposition, monetization, merger, acquisition, other business combination or other transaction that may be announced or that may occur after the date hereof. Forward-looking statements are provided for the purpose of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of the Company’s operating environment. The Company does not intend or undertake to publicly update any forward-looking statements that are included in this document, whether as a result of new information, future events or otherwise, except as, and to the extent required by, applicable securities laws.

This website may refer to certain non-GAAP financial measures including total cash costs, all-in sustaining costs per silver and per gold ounce (“all-in sustaining costs”), adjusted earnings, adjusted earnings per share, and cash provided by operating activities before changes in working capital. These measures are not defined under IFRS and should not be considered in isolation. The Company’s La Arena, Shahuindo and Timmins mines primarily produce gold with other metals (primarily silver), produced simultaneously in the mining process, the value of which represents a small percentage of the Company’s revenue from these mines and is therefore considered “by-product”. The Company’s Escobal mine primarily produces silver in concentrates with other metals (gold, lead and zinc), produced simultaneously in the mining process, the value of which represents a small percentage of the Company’s revenue from Escobal and is therefore considered “by-product”. The Company believes these measures may provide investors and analysts with useful information about the Company’s underlying earnings, cash costs of operations, the impact of by-product credits on the Company’s cost structure and its ability to generate cash flow, as well as providing a meaningful comparison to other mining companies. Accordingly, these measures are intended to provide additional information and should not be substituted for GAAP measures. These non-GAAP financial measures may be calculated differently by other companies depending on the underlying accounting principles and policies applied.

The Company also reports total operating costs (cost of sales) per ounce. The Company believes that this metric is important in assessing the performance of each of the Company’s sold metals and as a meaningful GAAP-based comparison to other mining companies. Total operating costs (cost of sales) per ounce sold is calculated by dividing the total operating costs by gold ounces sold. Total operating costs (cost of sales) includes production costs, depreciation and depletion and royalties.

For the reconciliations of such non-GAAP financial measures to the most directly comparable measures calculated in accordance with the Company’s GAAP (IFRS) and presented in its financial statements, see the Company’s most recent quarterly and annual Management's Discussion & Analysis (MD&A).

The Mineral Resource and Mineral Reserve estimates contained in this website have been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of United States securities laws and use terms that are not recognized by the United States Securities and Exchange Commission (“SEC”). Canadian reporting requirements for disclosure of mineral properties are governed by NI 43-101. The definitions used in NI 43-101 are incorporated by reference from the CIM Definition Standards adopted by CIM Council on May 10, 2014 (the “CIM Definition Standards”). U.S. reporting requirements are governed by the SEC Industry Guide 7 (“Industry Guide 7”) under the United States Securities Act of 1933, as amended. These reporting standards have similar goals in terms of conveying an appropriate level of confidence in the disclosures being reported, but embody difference approaches and definitions. For example, the terms “Mineral Reserve”, “Proven Mineral Reserve” and “Probable Mineral Reserve” are Canadian mining terms as defined in in NI 43-101, and these definitions differ from the definitions in Industry Guide 7. Under Industry Guide 7 standards, a “final” or “bankable” feasibility study is required to report reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority. Further, under Industry Guide 7, mineralization may not be classified as “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made.

While the terms “Mineral Resource”, “Measured Mineral Resource”, “Indicated Mineral Resource” and “Inferred Mineral Resource” are defined in and required to be disclosed by NI 43-101, these terms are not defined terms under Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. United States readers are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. In addition, “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. A significant amount of exploration must be completed in order to determine whether an Inferred Mineral Resource may be upgraded to a higher category. Under Canadian regulations, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. United States readers are cautioned not to assume that all or any part of an Inferred Mineral Resource exists or is economically or legally mineable. Disclosure of “contained ounces” in a resource is permitted disclosure under Canadian regulations if such disclosure includes the grade or quality and the quantity for each category of Mineral Resource and Mineral Reserve; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC standards as in place tonnage and grade without reference to unit measures.

Accordingly, information contained in this website containing descriptions of the Tahoe’s mineral deposits may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.

Qualified Person Statement

Tom Fudge, Vice President Operations and Qualified Person as defined in National Instrument 43-101 has reviewed and approved the scientific and technical information contained on this website.

Data Verification

Detailed descriptions and results of Tahoe’s exploration drilling, sampling and analytical procedures, quality assurance and quality control programs, resource estimation methodology, reserve calculations, engineering studies, and project financial analyses for the Escobal, La Arena, Shahuindo, Timmins West, and Bell Creek mines, as well as exploration and development properties, can be found in the following NI 43-101 technical reports which are available on this website and under the Company’s profile on SEDAR at www.sedar.com or EDGAR at www.sec.gov/edgar.

Escobal Mine Guatemala NI 43-101 Feasibility Study, dated November 5, 2014 with effective dates of January 23, 2014 for the mineral resource estimate and July 1, 2014 for the mineral reserve estimate.

Technical Report on the La Arena Project, Peru, dated February 20, 2018 with an effective date of January 1, 2018.

Technical Report on the Shahuindo Mine, Cajabamba, Peru, dated January 25, 2016, with effective dates of April 15, 2015 for the mineral resource estimate and November 1, 2015 for the mineral reserve estimate.

NI 43-101 Technical Report, Timmins West Mine, Timmins, Ontario, Canada, dated September 20, 2017 with an effective date of May 15, 2017.

NI 43-101 Technical Report, Updated Mineral Reserve Estimate for Bell Creek Mine, Hoyle Township, Timmins, Ontario, Canada, dated March 27, 2015 with an effective date of December 31, 2014.

Technical Report and Resource Estimate on the Upper Hallnor, C-Zone, and Broulan Reef Deposits, Whitney Gold Property, Timmins Area, Ontario, Canada, dated February 26, 2014 with an effective date of January 14, 2014, prepared for Temex Resources Corp.

Technical Report on the Update of Mineral Resource Estimate for the Gold River Property, Thorneloe Township, Timmins, Ontario, Canada, dated April 5, 2012 with an effective date of January 17, 2012, prepared for Lake Shore Gold Corp. and West Timmins Mining Inc.

Technical Report on the Updated Mineral Resource Estimate for the Juby Gold Project, Tyrrell Township, Shining Tree Area, Ontario, dated February 24, 2014 with an effective date of February 24, 2014, prepared for Temex Resources Corp.

Fenn-Gib Resource Estimate Technical Report, Timmins Canada, dated December 23, 2011 with an effective date of November 17, 2011, prepared for Lake Shore Gold Corp.

Technical Report on the Marhill Project, Hoyle Township, Timmins, Ontario, Canada, dated March 1, 2011 with an effective date of March 1, 2011, prepared for Lake Shore Gold Corp.

Technical Report on the Initial Mineral Resource Estimate for the Vogel/Schumacher Deposit, Bell Creek Complex, Hoyle Township, Timmins, Ontario, Canada, dated June 14, 2011 with an effective date for the mineral resource estimate of May 2, 2011.