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Tahoe Resources Inc
Symbol THO
Shares Issued 312,775,761
Close 2018-04-09 C$ 6.22
Market Cap C$ 1,945,465,233
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Tahoe Resources spills diesel fuel at La Arena

2018-04-09 09:41 ET - News Release

An anonymous director reports

TAHOE REPORTS FUEL SPILL AT LA ARENA MINE; SPILL FULLY CONTAINED

Tahoe Resources Inc. has spilled some of its fuel on Friday, April 6, 2018, at the La Arena mine in Peru. The fuel spill occurred when a contractor overfuelled one of the diesel storage tanks, spilling into the containment facilities. Unfortunately, the containment drain valve had been left open by the fuel vendor due to continuing rains. As a result, it is estimated that approximately 300 gallons to 500 gallons of diesel fuel left La Arena's containment facilities.

Upon identification of the leak, the company immediately closed the valve and initiated its emergency response and cleaning protocols. The company has successfully contained the spill through the construction of dams, the placement of absorbing materials and disposal of the recovered fuel in accordance with legal requirements. The company immediately began conducting extensive inspections of the surrounding areas from the operation. Initial inspections confirm that the spill was contained within the company's property and did not reveal any reported impact, however, Tahoe continues to monitor the situation closely.

The incident was reported to the agency for environmental assessment and control (OEFA) and to the supervisor of investment in energy and mines (OSINERGMIN) within the required 24-hour period. The surrounding communities of La Arena have also been notified.

OEFA was on site at La Arena on Sunday, April 8, 2018, to complete the investigation, but has not yet issued any findings, orders or notices of violation. Production is not expected to be impacted by this event.

A full internal investigation will be completed in order to avoid and prevent future incidents. Tahoe holds itself accountable for ensuring safe operations for its environment and its communities, and the company expects all of its employees and partners alike to operate to the highest standards.

About Tahoe Resources Inc.

Tahoe's strategy is to responsibly operate mines to world standards and to develop high-quality precious metal assets in the Americas.

We seek Safe Harbor.

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