Pan American Silver Provides Annual Exploration Update
Pan American Silver (NYSE: PAAS) released its annual exploration update, highlighting drilling results across multiple mines. The company increased its 2024 drill budget to over 450,000 metres based on positive exploration results. Key findings include: high-grade gold intercepts at Jacobina (up to 116.41 g/t Au), significant silver-gold grades at El Peñon (up to 2,547 g/t Ag), discovery of 13 new veins at La Colorada with high-grade silver mineralization (up to 9,618 g/t Ag), and promising results from the Whitney Project including a notable intercept of 360 g/t Au over 2.4 metres. The exploration program demonstrates potential for long-term organic growth across multiple assets.
Pan American Silver (NYSE: PAAS) ha rilasciato l'aggiornamento annuale riguardante l'esplorazione, evidenziando i risultati di perforazione in diversi minieri. L'azienda ha aumentato il proprio budget di perforazione per il 2024 a oltre 450.000 metri, a seguito di risultati esplorativi positivi. I risultati chiave includono: intercettazioni di oro ad alta legge a Jacobina (fino a 116,41 g/t Au), significative concentrazioni di argento-oro a El Peñon (fino a 2.547 g/t Ag), scoperta di 13 nuove vene a La Colorada con mineralizzazione ad alta legge di argento (fino a 9.618 g/t Ag) e risultati promettenti dal progetto Whitney, compresa una notevole intercettazione di 360 g/t Au su 2,4 metri. Il programma di esplorazione dimostra il potenziale per una crescita organica a lungo termine attraverso più asset.
Pan American Silver (NYSE: PAAS) publicó su actualización anual de exploración, destacando los resultados de perforación en varias minas. La empresa aumentó su presupuesto de perforación para 2024 a más de 450,000 metros, basado en resultados de exploración positivos. Los hallazgos clave incluyen: interceptaciones de oro de alta ley en Jacobina (hasta 116.41 g/t Au), grados significativos de plata-oro en El Peñon (hasta 2,547 g/t Ag), descubrimiento de 13 nuevas vetas en La Colorada con mineralización de plata de alta ley (hasta 9,618 g/t Ag) y resultados prometedores del Proyecto Whitney, que incluyen un notable intercepto de 360 g/t Au sobre 2.4 metros. El programa de exploración demuestra un potencial de crecimiento orgánico a largo plazo en múltiples activos.
팬 아메리칸 실버(Pan American Silver, NYSE: PAAS)는 연례 탐사 업데이트를 발표하며 여러 광산에서의 시추 결과를 강조했습니다. 이 회사는 긍정적인 탐사 결과를 바탕으로 2024년 시추 예산을 450,000미터 이상으로 증가시켰습니다. 주요 발견 사항은: 자코비나(Jacobina)에서의 고급 금 인터셉트(최대 116.41 g/t Au), 엘 페뇨(El Peñon)에서의 상당한 은-금 등급(최대 2,547 g/t Ag), 라 콜로라도(La Colorada)에서의 고품질 은 미네랄리제이션이 있는 13개의 새로운 광맥 발견(최대 9,618 g/t Ag), 그리고 휘트니 프로젝트(Whitney Project)에서의 2.4미터에 걸쳐 360 g/t Au라는 주목할 만한 인터셉트 결과가 포함됩니다. 탐사 프로그램은 여러 자산에 걸쳐 장기적인 유기적 성장 가능성을 보여줍니다.
Pan American Silver (NYSE: PAAS) a publié sa mise à jour annuelle sur l'exploration, mettant en lumière les résultats de forage dans plusieurs mines. L'entreprise a augmenté son budget de forage pour 2024 à plus de 450 000 mètres sur la base de résultats d'exploration positifs. Les résultats clés incluent : des intercepts d'or de haute qualité à Jacobina (jusqu'à 116,41 g/t Au), des teneurs significatives en argent-or à El Peñon (jusqu'à 2 547 g/t Ag), la découverte de 13 nouvelles veines à La Colorada avec une minéralisation argentière de haute qualité (jusqu'à 9 618 g/t Ag), et des résultats prometteurs du projet Whitney, y compris un intercept notable de 360 g/t Au sur 2,4 mètres. Le programme d'exploration démontre un potentiel de croissance organique à long terme à travers plusieurs actifs.
Pan American Silver (NYSE: PAAS) hat sein jährliches Erkundungsupdate veröffentlicht und dabei die Bohrergebnisse aus mehreren Minen hervorgehoben. Das Unternehmen hat sein Bohrbudget für 2024 auf über 450.000 Meter erhöht, basierend auf positiven Explorationsresultaten. Wichtige Ergebnisse sind: hochgradige Goldinterzeptionen in Jacobina (bis zu 116,41 g/t Au), bedeutende Silber-Gold-Gehalt in El Peñon (bis zu 2.547 g/t Ag), Entdeckung von 13 neuen Adern in La Colorada mit hochgradiger Silbermineralisierung (bis zu 9.618 g/t Ag) und vielversprechende Ergebnisse aus dem Whitney-Projekt, darunter eine bemerkenswerte Interzept von 360 g/t Au über 2,4 Meter. Das Explorationsprogramm zeigt das Potenzial für langfristiges organisches Wachstum über mehrere Vermögenswerte hinweg.
- Discovery of 13 new veins at La Colorada mine, expanding high-grade zone
- High-grade drill results across multiple mines (Jacobina: 116.41 g/t Au, El Peñon: 2,547 g/t Ag, La Colorada: 9,618 g/t Ag)
- Increased exploration budget for 2024 to over 450,000 metres
- Successful mineral resource expansion at Whitney Project
- None.
Insights
"The success of our exploration program highlights the potential for long-term organic growth at many of our assets," said Christopher Emerson, Vice President of Exploration and Geology at Pan American. "Based on the results we were achieving in exploration this year, we increased our drill budget to over 450,000 metres for 2024. This exploration update highlights these results, and showcases the ongoing discovery of new mineralized structures in and around our existing mining operations."
EXPLORATION HIGHLIGHTS:
All intercepts are reported as estimated true widths in metres ("m"), except for the La Colorada Skarn, which is a massive orebody and intercepts are reported as drilled. Please refer to the Drill Result Highlights Tables beginning on page four of this news release for additional details.
- Jacobina - extensional and infill drilling in the Maricota and the Morro do Vento zones demonstrate the potential for future resource expansion. Significant results at grades higher than the average resource grade include: 1.42m @ 116.41 g/t Au and 8.74m @ 5.86 g/t Au (Maricota - MRCEX00056); 12.75m @ 3.71 g/t Au, incl. 8.35m @ 5.26 g/t Au (Maricota - MRCEX00052); 5.75m @ 5.24 g/t Au, incl. 2.11m @ 11.68 g/t Au (Morro do Vento - MVTEX00223).
- El Peñon - drilling of the principal structures and areas to the south continues to return high-grade intercepts that are typical for this deposit. Significant results include: 1.05m @ 18.89 g/t Au, 746 g/t Ag (Pampa Campamento - UIP0177); 1.09m @ 9.90 g/t Au, 97 g/t Ag (Pampa Sur - SEP0055); 4.10m @ 3.62 g/t Au and 1,592 g/t Ag (Dominadora - UEH0024); and 1.46m @ 0.44 g/t Au and 2,547 g/t Ag (Chiquilla Chica - UIH0049).
-
La Colorada - 13 new veins have been discovered in the eastern portion of the property, expanding the high-grade zone of the mine. Significant results within the Mariana, NC2 splay andSan Geronimo veins show continued high-grade results, notably: S-104-24 with 0.95m @ 9,618 g/t Ag,4.85% Pb,4.82% Zn (Mariana vein); S-154-24 with 2.32m @ 2,615 g/t Ag,2.31% Pb,5.16% Zn (NC2 vein); and S-168-24 with 3.28m @ 308 g/t Ag,10.18% Pb,13.09% Zn (Cristina vein). -
La Colorada Skarn project - infill drilling reinforced confidence in the large, indicated mineral resource update as at June 30, 2024. Notable intercepts include: 273.10m at 54 g/t Ag,
0.85% Pb, and5.18% Zn, incl. 62.55m at 84 g/t Ag,1.97% Pb, and7.57% Zn (U-155-24); and 60.25m at 85 g/t Ag,7.05% Pb, and10.41% Zn (U-19-24). -
Whitney Project (
Timmins ) - the increase in estimated gold mineral resources provided in the June 30, 2024 mineral reserve and mineral resource update highlights the potential of the Whitney project, while ongoing drilling of the Bonetal/Hallnor and Broulan reef has continued to yield high-grade results along the mineralized trend, including 360 g/t Au over 2.4 metres (TW24-793). -
Huaron - significant results from drilling focused on the Horizonte zone include: DDH-U-111-24 with 2.10m @ 399 g/t Ag,
7.39% Pb and14.58% Zn (Maria vein); DDH-U-113-24 with 1.50m @ 504 g/t Ag,12.77% Pb and19.97% Zn (Maria Vein); DDH-U-049-24 with 2.77m @ 768 g/t Ag,1.85% Pb and0.62% Zn (Cuerpo Andres); -
Minera Florida - exploration and infill drilling have extended mineralization at several key mine structures. Significant results include: 1.98m @ 16.11 g/t Au, 13 g/t Ag and
6.44% Zn and 1.97m @ 9.38 g/t Au, 23 g/t Ag, and4.96% Zn (Maqui Norte vein - ALH4638); and 2.57m @ 10.32 g/t Au, 12 g/t Ag, and0.08% Zn (Mila Sur vein - ALH4562).
SUMMARY OF EXPLORATION RESULTS
Jacobina mine,
The Jacobina mine is an underground paleo placer gold mine located in the
- Brownfield exploration drilling totaled 35,583m, primarily targeting the João Belo Sul, Morro do Vento, Maricota, Serra do Corrego, and João Belo Norte zones. Exploratory drilling focused on evaluating new near-mine targets down-dip and north of Maricota. The recent exploration results continue to highlight the significant potential for expanding mineral reserves and mineral resources at Jacobina.
- Infill drilling at João Belo Sul confirmed gold mineralization continuity, particularly in higher-grade zones proximal to existing underground infrastructure at João Belo Norte mine. Notable intercepts include: 3.26m @ 8.21 g/t Au (JBS00093); 2.07m @ 5.55 g/t Au and 5.70m @ 4.63 g/t Au (JBS00094).
- Infill and exploration drilling at Morro do Vento continued to extend high-grade zones in the FW reef. Significant intercepts include: 5.75m @ 5.24 g/t Au, incl. 2.11m @ 11.68 g/t Au (MVTEX00223); and 6.90m @ 3.13 g/t Au, incl. 1.74m @ 9.06 g/t Au (MVTEX00217). Exploration drilling further confirms continuity of mineralization down dip within the FW reef, with 7.03m @ 2.62 g/t Au, incl. 2.56m @ 5.08 g/t Au (MVTEX00220), extending mineralization approximately 250m down-dip of the current indicated mineral resources. Mineralization in this zone remains open to depth.
- Exploration and infill drilling results at Maricota confirm the continuity of mineralization within multiple reefs (FW, HW, and Main) where mineralization remains open for expansion down dip and along strike to the north. Significant intercepts include: 12.75m @ 3.71 g/t Au, incl. 8.35m @ 5.26 g/t Au, 4.31m @ 4.49 g/t Au and 2.54m @ 11.56 g/t Au (MRCEX00052); 5.98m @ 5.12 g/t Au, incl. 2.83m @ 9.78 g/t Au and 7.46m @ 2.05 g/t Au, incl. 3.16m @ 3.50 g/t Au (MRCEX00032); and 1.42m @ 116.41 g/t Au and 4.59m @ 5.45 g/t Au, incl. 1.89m @ 10.08 g/t Au (MRCEX00056).
El Peñon,
El Peñon is a large, high-grade gold-silver epithermal system located in northern
-
For the period from May 2024 to October 2024, exploration drilling totaled 56,632 metres. This included 34,965 metres of infill drilling aimed at converting inferred mineral resources to the indicated category around the principal veins, including
El Valle , Pampa Campamento, Pampa Sur and Chiquilla Chica. Additionally, 21,667 metres of exploration drilling were conducted to delineate new inferred mineral resource.-
Highlights from
El Valle include: 1.54m @ 8.55 g/t Au, 154 g/t Ag (UIV0079); 1.20m @ 4.70 g/t Au, 257 g/t Ag (UIV0078); and 0.83m @ 16.63 g/t Au, 721 g/t Ag (UIV0080). Mineralization remains open to the north and down dip. - Highlights from Pampa Campamento include: 1.05m @ 18.89 g/t Au, 746 g/t Ag (UIP0177); 0.76m @ 16.13 g/t Au, 258 g/t Ag (UIP0189); 1.71m @ 10.65 g/t Au, 186 g/t Ag (UIS0028); and 0.65m @ 15.33 g/t Au, 297 g/t Ag (UIP0175).
-
Highlights from
- Key results for exploration and infill drilling at the Pampa Sur vein include: 1.09m @ 9.90 g/t Au, 97 g/t Ag (SEP0055); 0.98m @ 8.49 g/t Au, 156 g/t Ag (SIP0051); and 0.42m @ 18.80 g/t Au, 1,017 g/t Ag (SIP0064). Structures identified to the east of Pampa Sur have also yielded positive results, notably 1.18m @ 6.50 g/t Au and 493 g/t Ag (SIP0067). Pampa Sur represents an important opportunity to add mineral resources near to existing mine infrastructure.
- Chiquilla Chica is a silver-rich satellite deposit located approximately 20 km southwest of El Peñon. Recent exploration drilling has confirmed high silver grades, including: 1.46m @ 0.44 g/t Au and 2,547 g/t Ag (UIH0049) and 1.44m @ 1.29 g/t Au and 1,181 g/t Ag (UIH0050). The Dominadora vein, a new discovery northeast of the main Chiquilla Chica structure, returned 4.10m @ 3.62 g/t Au and 1,592 g/t Ag (UEH0024) and 1.20m @ 0.23 g/t Au, and 1,349 g/t Ag (UEH0026) in initial drilling.
The
- For the period May 2024 to October 2024, the Company completed 47,883 metres of exploration drilling, successfully extending mineralization to the east.
-
Drilling on the east extension of the NC2 vein returned silver-rich intercepts from the main structure and parallel Mariana and NC2 splay veins. Notable drill highlights include: S-104-24 with 0.95m @ 9,618 g/t Ag,
4.85% Pb,4.82% Zn (Mariana vein); 0.53m @ 4,916 g/t Ag,9.82% Pb,1.02% Zn (NC2 Splay); S-154-24 with 2.51m @ 1,189 g/t Ag,0.82% Pb,1.09% Zn (Mariana vein); and 2.32m @ 2,615 g/t Ag,2.31% Pb,5.16% Zn (NC2 vein). -
Drilling on a new vein system discovered earlier in 2024, located parallel to the NC2 vein in the southeast area of the mine, confirms high-grade mineralization in the Cristina vein. Notable drill results include: S-168-24 with 3.28m @ 308 g/t Ag,
10.18% Pb,13.09% Zn and S-119-24 with 1.95m @ 1,470 g/t Ag,3.15% Pb,3.23% Zn. These intersects now define a mineralized vein over an area measuring 450m along strike by 550m vertical, and open in all directions. -
The
San Geronimo vein system is now defined by 19 drillholes covering a mineralized area of 550m along the strike by 450m vertical. Specific highlights include: S-115-24 with 1.08m @ 1,637 g/t Ag,2.08% Pb,3.35% Zn; S-161-24 with 5.59m @ 456 g/t Ag,1.10% Pb,2.41% Zn; S-168-24 with 2.93m @ 528 g/t Ag,3.04% Pb,5.54% Zn; S-172-24 with 4.08m @ 255 g/t Ag,3.28% Pb,7.33% Zn; and S-44-24 with 2.25m @ 1,420 g/t Ag,2.04% Pb,1.93% .
La Colorada Skarn project,
The La Colorada Skarn is a large silver-bearing polymetallic deposit located below and adjacent to the producing vein system of the
-
Over 325,000 metres have been drilled at the Skarn project since the deposit was discovered, with 11,000 metres drilled since the mineral resource update as at June 30, 2024. The recent infill drilling, focused on the 901, 902, and 903 Skarn zones, confirmed grades and widths, as defined in the June 30, 2024 mineral resource estimate. Highlight infill intercepts include: 273.10m at 54 g/t Ag,
0.85% Pb, and5.18% Zn, incl. 62.55m at 84 g/t Ag,1.97% Pb and7.57% Zn (U-155-24) and 60.25m at 85 g/t Ag,7.05% Pb, and10.41% Zn (U-19-24).
Huaron mine,
The Huaron mine is a polymetallic (Zn-Pb-Ag-Cu) deposit situated in the Cerro de Pasco Department of central
- For the period May 2024 to October 2024, 58 drillholes totaling 14,714 metres were completed.
-
High-grade mineralization within the Maria vein was extended by 100 metres and remains open at depth. Results include: DDH-U-111-24 with 2.10m @ 399 g/t Ag,
7.39% Pb, and14.58% Zn and hole DDH-U-113-24 with 1.50m @ 504 g/t Ag,12.77% Pb, and19.97% Zn. -
Silver and polymetallic-rich mineralization on the east extension of the Cuerpo Andres vein was confirmed with results including: DDH-U-040-24 with 0.56m @ 722 g/t Ag,
6.06% Pb, and1.90% Zn; DDH-U-075-24 with 0.55 m @ 701 g/t Ag,13.64% Pb, and8.83% Zn; and DDH-U-049-24 with 2.77m @ 768 g/t Ag,1.85% Pb, and0.62% Zn at depth. - The Martin vein was extended 160 metres along strike, showing good mineralization with DDH-U-041-24 intercepting 2.46m @ 369 g/t Ag, 2.74 % Pb, and 2.01 % Zn; DDH-U-055-24 with 2.24m @ 683 g/t Ag, 10.65 % Pb, and 3.10 % Zn; and DDH-U-086-24 with 1.56m @ 535 g/t Ag, 10.02 % Pb, and 2.31 % Zn at depth.
Minera Florida,
Minera Florida is an epithermal Au-Ag-Zn underground mine located in the coastal region of central
- For the period January 2024 to October 2024, a total of 58,658 metres of drilling was completed.
- Exploration and infill drilling have extended mineralization at several key mine structures, particularly at Mila Sur, Maqui Norte, Lorena-Peque-Bandolera, and Sorpresa-Lo Balta.
-
The Maqui Norte vein is a significant contributor to production, with potential for resource expansion to the north of the current development and reserves. Significant intercepts include: 1.98m @ 16.11g/t Au, 13g/t Ag, and
6.44% Zn and 1.97m @ 9.38g/t Au, 23g/t Ag, and4.96% Zn (ALH4638); 0.92m @ 20.61 g/t Au, 13 g/t Ag, and0.09% Zn (ALH4701); and 1.19m @ 13.62 g/t Au, 11 g/t Ag, and3.81% Zn (ALH4588). -
Notable drill highlights at Mila Sur include: 2.57m @ 10.32 g/t Au, 12 g/t Ag, and
0.08% Zn (ALH4562); 1.70m @ 8.29 g/t Au, 110 g/t Ag, and3.34% Zn (ALH4574); and 1.15m @ 6.52 g/t Au, 286 g/t Ag, and2.29% Zn (ALH4467). -
Key results at Sorpresa – Lo Balta include: 2.95m @ 8.79 g/t Au, 10 g/t Ag, and
1.48% Zn (ALH4657); and 2.14m @ 5.84 g/t Au, 12 g/t Ag, and1.35% Zn, 1.20m @ 5.99 g/t Au, 12 g/t Ag, and2.07% Zn, and 1.19m @ 7.29 g/t Au, 7 g/t Ag, and1.48% Zn (ALH4426).
Whitney Project (
Pan American's Timmins West and Bell Creek mines are located near
-
For the period November 2023 to September 2024, drilling totaled 16,941 metres. The drilling confirmed current resources at Hallnor/Bonetal and historic resources at Broulan Reef, located 1.5 km to the west. The Hallnor/Bonetal and Broulan Reef zones are referenced in Pan American's mineral reserves and mineral resources update as at June 30, 2024, under the Whitney project, which is a joint venture (
83.27% Pan American /16.73% Newmont) operated by Pan American. The estimated mineral resources, as provided in the June 30, 2024, mineral resource update, consist of 77,900 ounces of gold in the indicated category and 477,700 ounces of gold in the inferred category. - Significant assays in the Hallnor/Bonetal zones include: 2.7m at 19.89 g/t Au (TW24-758); 7.2m at 31.50 g/t Au (TW24- 771); 11.7m at 3.28 g/t Au incl. 4.5m at 5.98 g/t Au (TW23-750); 13.7m at 2.11 g/t Au incl. 7.3m at 3.27 g/t Au (TW23-751).
- Significant assays from the drilling at Broulan Reef include: 2.4m at 360.18 g/t Au, incl. 0.4m at 1,940 g/t Au, 0.3m at 140 g/t Au (TW24-793) and 0.8 at 28.4 g/t Au (TW23-749); 7.6m at 6.26 g/t Au (TW24-786); 0.3m at 378.00 g/t Au (TW24-802); and 4.3m at 4.69 g/t Au (TW24-804).
DRILL RESULT HIGHLIGHTS TABLES
Jacobina,
The following table provides infill and exploration drill result highlights for the Jacobina mine for the period May 2024 to October 2024. Full infill and exploration drill results not included in this table, together with cross sections and plans, are available at https://panamericansilver.com/operations/gold-segment/jacobina/.
Hole No. |
Sector |
Reef |
Incl. |
From (m) |
To (m) |
Int. (m) |
Est. True Width (m) |
Au g/t |
JBS00093 |
João Belo Sul |
LMPC |
|
381.45 |
385.00 |
3.55 |
3.26 |
8.21 |
JBS00094 |
João Belo Sul |
MPC |
|
378.17 |
380.50 |
2.33 |
2.07 |
5.55 |
|
|
SPC |
|
404.20 |
410.64 |
6.44 |
5.70 |
4.63 |
JBS00095 |
João Belo Sul |
LVLPC |
|
342.23 |
347.50 |
5.27 |
4.72 |
3.10 |
JBEX00126 |
João Belo Norte |
LVLPC |
|
400.04 |
405.06 |
5.02 |
3.34 |
6.88 |
|
|
LVLPC |
incl. |
401.00 |
403.72 |
2.72 |
1.81 |
12.12 |
MRCEX00025 |
Maricota |
HW |
|
140.66 |
141.50 |
0.84 |
0.70 |
19.22 |
MRCEX00026 |
Maricota |
FW |
|
561.50 |
571.50 |
10.00 |
4.18 |
2.41 |
|
|
EMB |
|
677.52 |
680.00 |
2.48 |
1.44 |
7.74 |
MRCEX00031 |
Maricota |
BAS |
|
647.00 |
664.78 |
17.78 |
10.07 |
2.08 |
|
|
BAS |
incl. |
651.50 |
657.05 |
5.55 |
3.14 |
2.58 |
MRCEX00032 |
Maricota |
MR |
|
379.92 |
387.50 |
7.58 |
5.98 |
5.12 |
|
|
MR |
incl. |
379.92 |
383.50 |
3.58 |
2.83 |
9.78 |
|
|
FW |
|
403.05 |
412.50 |
9.45 |
7.46 |
2.05 |
|
|
FW |
incl. |
404.50 |
408.50 |
4.00 |
3.16 |
3.50 |
MRCEX00034 |
Maricota |
HW |
|
488.00 |
498.69 |
10.69 |
5.16 |
3.92 |
|
|
HW |
incl. |
488.00 |
493.50 |
5.50 |
2.70 |
6.80 |
MRCEX00037 |
Maricota |
FW |
|
541.38 |
550.50 |
9.12 |
6.56 |
2.75 |
MRCEX00038 |
Maricota |
MR |
|
236.00 |
239.70 |
3.70 |
2.46 |
5.66 |
MRCEX00041 |
Maricota |
HW |
|
173.15 |
177.50 |
4.35 |
3.27 |
6.87 |
MRCEX00044 |
Maricota |
HW |
|
152.00 |
154.76 |
2.76 |
2.19 |
13.00 |
MRCEX00049 |
Maricota |
FW |
|
173.50 |
175.00 |
1.50 |
1.07 |
10.54 |
MRCEX00052 |
Maricota |
FW |
|
299.50 |
307.00 |
7.50 |
4.31 |
4.49 |
|
|
FW |
|
314.50 |
319.00 |
4.50 |
2.54 |
11.56 |
|
|
FW |
|
327.88 |
351.55 |
23.67 |
12.75 |
3.71 |
|
|
FW |
incl. |
328.50 |
344.00 |
15.50 |
8.35 |
5.26 |
MRCEX00053 |
Maricota |
LU |
|
137.00 |
141.00 |
4.00 |
3.27 |
3.11 |
MRCEX00056 |
Maricota |
HW |
|
94.00 |
95.50 |
1.50 |
1.42 |
116.41 |
|
|
HW |
|
106.15 |
111.00 |
4.85 |
4.59 |
5.45 |
|
|
HW |
incl. |
107.00 |
109.00 |
2.00 |
1.89 |
10.08 |
|
|
FW |
|
129.00 |
138.20 |
9.20 |
8.74 |
5.86 |
|
|
FW |
incl. |
130.00 |
133.50 |
3.50 |
3.33 |
13.35 |
MRCEX00059 |
Maricota |
HW |
|
115.50 |
118.50 |
3.00 |
2.96 |
10.23 |
MRCEX00061 |
Maricota |
HW |
|
134.39 |
136.50 |
2.11 |
1.95 |
9.16 |
MRCEX00062 |
Maricota |
MR |
|
177.50 |
179.50 |
2.00 |
1.59 |
7.43 |
|
|
FW |
|
202.01 |
205.00 |
2.99 |
2.38 |
4.81 |
MVTEX00205 |
Morro do Vento |
FW |
|
213.00 |
228.68 |
15.68 |
14.11 |
1.17 |
|
|
FW |
|
243.50 |
246.00 |
2.50 |
2.20 |
4.86 |
MVTEX00207 |
Morro do Vento |
OFF_ R |
|
192.00 |
196.35 |
4.35 |
3.62 |
3.02 |
MVTEX00216 |
Morro do Vento |
FW |
|
439.50 |
449.50 |
10.00 |
6.74 |
2.65 |
|
|
FW |
incl. |
443.50 |
449.00 |
5.50 |
3.70 |
3.13 |
MVTEX00217 |
Morro do Vento |
FW |
|
327.50 |
339.50 |
12.00 |
6.90 |
3.13 |
|
|
FW |
incl. |
329.21 |
332.24 |
3.03 |
1.74 |
9.06 |
MVTEX00219 |
Morro do Vento |
MU |
|
256.00 |
259.50 |
3.50 |
2.27 |
3.32 |
MVTEX00220 |
Morro do Vento |
FW |
|
494.50 |
513.00 |
18.50 |
7.03 |
2.62 |
|
|
FW |
incl. |
499.76 |
506.50 |
6.74 |
2.56 |
5.08 |
MVTEX00222 |
Morro do Vento |
FW |
|
172.00 |
178.50 |
6.50 |
3.93 |
2.76 |
MVTEX00223 |
Morro do Vento |
FW |
|
543.29 |
555.50 |
12.21 |
5.75 |
5.24 |
|
|
FW |
incl. |
551.00 |
555.50 |
4.50 |
2.11 |
11.68 |
MVTEX00228 |
Morro do Vento |
FW |
|
243.00 |
250.60 |
7.60 |
5.50 |
3.75 |
|
|
FW |
incl. |
247.67 |
250.60 |
2.93 |
1.90 |
8.52 |
El Peñon
The following table provides infill and exploration drill result highlights for the El Peñon mine for the period May 2024 to October 2024. Full infill and exploration drill results not included in this table, together with longitudinal sections and plans, are available at: https://panamericansilver.com/operations/gold-segment/el-penon/.
Hole No. |
Vein |
From (m) |
To (m) |
Int. (m) |
Est. True Width (m) |
Au (g/t) |
Ag (g/t) |
SIH0021 |
Chiquilla Chica (C1) |
184.30 |
185.90 |
1.60 |
0.88 |
0.77 |
1019 |
UIH0049 |
Chiquilla Chica (C1) |
40.05 |
41.70 |
1.65 |
1.46 |
0.44 |
2547 |
UIH0050 |
Chiquilla Chica (C1) |
72.60 |
75.30 |
2.70 |
1.44 |
1.29 |
1181 |
UIH0056 |
Chiquilla Chica (C1) |
85.60 |
87.10 |
1.50 |
0.95 |
0.22 |
578 |
UEH0024 |
Dominadora |
106.15 |
135.00 |
28.85 |
4.10 |
3.62 |
1592 |
UEH0026 |
Dominadora |
50.77 |
55.67 |
4.90 |
1.20 |
0.23 |
1349 |
UIV0077 |
|
260.20 |
262.20 |
2.00 |
1.38 |
4.70 |
183 |
UIV0078 |
|
256.30 |
257.50 |
1.20 |
1.20 |
4.70 |
257 |
UIV0079 |
|
259.95 |
262.00 |
2.05 |
1.54 |
8.55 |
154 |
UIV0080 |
|
231.20 |
232.15 |
0.95 |
0.83 |
16.63 |
721 |
UIV0083 |
|
270.15 |
270.93 |
0.78 |
0.76 |
10.11 |
30 |
UIU0052 |
|
114.69 |
116.50 |
1.81 |
1.31 |
10.88 |
26 |
SIE0015 |
Esmeralda |
248.60 |
249.50 |
0.90 |
0.54 |
10.10 |
1139 |
UIP0174 |
Pampa Campamento |
351.13 |
352.10 |
0.97 |
0.52 |
9.50 |
664 |
UIP0176 |
Pampa Campamento |
389.88 |
390.25 |
0.37 |
0.32 |
26.50 |
42 |
UIP0177 |
Pampa Campamento |
291.53 |
293.60 |
2.07 |
1.05 |
18.89 |
746 |
UIP0178 |
Pampa Campamento |
213.94 |
215.49 |
1.55 |
0.52 |
9.50 |
420 |
UIP0175 |
Pampa Campamento (-35) |
184.95 |
186.15 |
1.20 |
0.65 |
15.33 |
297 |
UIP0189 |
Pampa Campamento Diagonal sur |
134.70 |
135.52 |
0.82 |
0.76 |
16.13 |
258 |
UIS0028 |
Pampa Campamento Diagonal sur |
60.38 |
62.19 |
1.81 |
1.71 |
10.65 |
186 |
SEP0055 |
Pampa Sur |
374.00 |
376.00 |
2.00 |
1.09 |
9.90 |
97 |
SEP0072 |
Pampa Sur |
464.00 |
465.00 |
1.00 |
0.69 |
5.50 |
403 |
SIP0051 |
Pampa Sur |
364.18 |
365.70 |
1.52 |
0.98 |
8.49 |
156 |
SIP0056 |
Pampa Sur |
398.07 |
399.29 |
1.22 |
0.92 |
4.76 |
359 |
SIP0063 |
Pampa Sur |
410.53 |
411.44 |
0.91 |
0.67 |
5.63 |
405 |
SIP0064 |
Pampa Sur |
352.12 |
352.60 |
0.48 |
0.42 |
18.80 |
1017 |
SIP0067 |
Pampa Sur (+50) |
328.00 |
330.00 |
2.00 |
1.18 |
6.50 |
493 |
SIP0080 |
Pampa Sur (+50) |
358.50 |
360.00 |
1.50 |
0.79 |
13.90 |
716 |
SIP0073 |
Pampa Sur Este |
378.68 |
379.38 |
0.70 |
0.36 |
16.00 |
1651 |
SES0036 |
Sorpresa |
333.80 |
334.20 |
0.40 |
0.30 |
22.00 |
838 |
UIS0023 |
Sorpresa |
199.30 |
200.90 |
1.60 |
1.30 |
4.29 |
133 |
The following table provides the drill result highlights for the
Hole No. |
Vein |
From (m) |
To (m) |
Interval (m) |
Est. True Width (m) |
Ag g/t |
Au (g/t) |
Pb % |
Zn % |
S-104-24 |
Mariana Vein |
621.50 |
622.60 |
1.10 |
0.95 |
9618 |
0.89 |
4.85 |
4.82 |
and |
NC2 Splay |
795.95 |
796.70 |
0.75 |
0.53 |
4916 |
0.08 |
9.82 |
1.02 |
S-115-24 |
San Geronimo Vein System |
461.10 |
463.65 |
2.55 |
1.08 |
1637 |
1.22 |
2.08 |
3.35 |
S-119-24 |
Cristina Vein |
596.00 |
599.40 |
3.40 |
1.95 |
1470 |
0.03 |
3.15 |
3.23 |
S-138-24 |
NC2 Vein |
695.60 |
701.60 |
6.00 |
4.60 |
666 |
0.90 |
1.32 |
2.74 |
S-146-24 |
Mariana Vein |
701.05 |
704.55 |
3.50 |
2.47 |
1846 |
0.41 |
2.66 |
3.95 |
S-154-24 |
Mariana Vein |
466.30 |
469.85 |
3.55 |
2.51 |
1189 |
0.24 |
0.82 |
1.09 |
and |
NC2 Vein |
540.25 |
544.30 |
4.05 |
2.32 |
2615 |
0.34 |
2.31 |
5.16 |
S-161-24 |
San Geronimo Splay |
703.15 |
710.45 |
7.30 |
5.59 |
456 |
0.94 |
1.10 |
2.41 |
S-168-24 |
Cristina Vein |
361.90 |
367.00 |
5.10 |
3.28 |
308 |
4.55 |
10.18 |
13.09 |
and |
San Geronimo Vein |
597.10 |
602.95 |
5.85 |
2.93 |
528 |
0.50 |
3.04 |
5.54 |
S-172-24 |
San Geronimo Splay |
670.60 |
678.75 |
8.15 |
4.08 |
255 |
0.23 |
3.28 |
7.33 |
S-44-24 |
San Geronimo Splay |
558.60 |
562.10 |
3.50 |
2.25 |
1420 |
0.60 |
2.04 |
1.93 |
S-47-24 |
NC2 Vein |
771.85 |
783.65 |
11.80 |
5.90 |
837 |
0.39 |
2.97 |
8.01 |
S-75-24 |
Mariana Vein |
616.40 |
620.00 |
3.60 |
1.80 |
3025 |
0.49 |
4.21 |
3.10 |
S-81-24 |
NC2 Splay |
678.30 |
679.75 |
1.45 |
1.36 |
7634 |
1.83 |
1.46 |
3.62 |
U-09-24 |
Sofia Vein |
268.55 |
269.40 |
0.85 |
0.74 |
4914 |
1.34 |
6.69 |
0.03 |
U-151-24 |
CRD |
66.05 |
84.50 |
18.45 |
17.34 |
110 |
0.23 |
2.20 |
7.96 |
U-158-24 |
Jenni Vein |
45.95 |
49.35 |
3.40 |
1.70 |
1825 |
1.05 |
2.35 |
6.16 |
U-96-24 |
Real Vein |
252.55 |
255.60 |
3.05 |
2.76 |
749 |
0.63 |
13.01 |
8.97 |
La Colorada Skarn,
The following table provides infill and exploration drill result for the La Colorada Skarn deposit May 2024 to October 2024. Full drill results not included in this table, together with cross sections and plans, are available at: https://panamericansilver.com/operations/silver-segment/la-colorada-skarn/.
Hole No. |
From (m) |
To (m) |
Interval (m)(1) |
Ag g/t |
Cu % |
Pb % |
Zn % |
D-71-12-24 |
1102.45 |
1250.60 |
148.15 |
39 |
0.07 |
1.68 |
3.12 |
U-155-24 |
724.00 |
997.10 |
273.10 |
54 |
0.17 |
0.85 |
5.18 |
Incl. |
872.50 |
935.05 |
62.55 |
84 |
0.31 |
1.97 |
7.57 |
U-19-24 |
503.95 |
564.20 |
60.25 |
85 |
0.08 |
7.05 |
10.41 |
U-58-24 |
791.75 |
869.45 |
77.70 |
36 |
0.08 |
2.88 |
4.58 |
U-74-24 |
629.70 |
843.90 |
214.20 |
33 |
0.05 |
2.69 |
3.21 |
U-92-24 |
527.40 |
582.40 |
55.00 |
103 |
0.06 |
4.10 |
5.75 |
and |
806.40 |
929.65 |
123.25 |
134 |
0.07 |
1.02 |
4.38 |
(1) True widths of the mineralized intervals are unknown at this time. |
|||||||
Huaron,
The following table provides infill and exploration drill result highlights from the medium, lower and Horizonte sectors of the Huaron mine for the period May 2024 to October 2024. Full drill and channel sampling results not included in this table, together with cross sections and plans, are available at: https://panamericansilver.com/operations/silver-segment/huaron/.
Hole No |
Vein |
Zone |
From (m) |
To (m) |
Interval (m) |
Est. True Width (m) |
Ag g/t |
Cu% |
Pb% |
Zn% |
DDH-U-040-24 |
Cuerpo Andres |
Horizonte |
51.65 |
52.30 |
0.65 |
0.56 |
722 |
0.12 |
6.06 |
1.90 |
and |
Labor Este |
Horizonte |
184.10 |
186.55 |
2.45 |
1.70 |
123 |
0.06 |
3.06 |
5.98 |
DDH-U-041-24 |
Martin Ramal |
Middle |
198.30 |
200.90 |
2.60 |
2.46 |
369 |
0.15 |
2.74 |
2.01 |
DDH-U-049-24 |
Cuerpo Andres |
Horizonte |
59.95 |
63.55 |
3.60 |
2.77 |
768 |
0.02 |
1.85 |
0.62 |
DDH-U-051-24 |
Martin Ramal |
Middle |
236.30 |
237.20 |
0.90 |
0.58 |
409 |
0.13 |
9.27 |
15.82 |
DDH-U-055-24 |
Martin Ramal |
Middle |
176.20 |
178.45 |
2.25 |
2.24 |
683 |
0.17 |
10.65 |
3.10 |
DDH-U-056-24 |
Cuerpo Andres |
Horizonte |
48.35 |
53.00 |
4.65 |
3.90 |
162 |
0.04 |
4.02 |
6.06 |
DDH-U-064-24 |
Labor Este |
Horizonte |
186.60 |
188.25 |
1.65 |
1.43 |
181 |
0.04 |
4.34 |
4.73 |
DDH-U-065-24 |
Cometa Ramal |
Horizonte |
390.80 |
394.80 |
4.00 |
3.04 |
133 |
0.13 |
2.19 |
4.65 |
DDH-U-068-24 |
Cuerpo Andres |
Horizonte |
56.75 |
57.60 |
0.85 |
0.65 |
459 |
0.07 |
9.43 |
6.72 |
and |
Labor Este |
Horizonte |
202.35 |
205.25 |
2.90 |
1.98 |
243 |
0.06 |
3.54 |
5.20 |
DDH-U-071-24 |
Labor Este |
Horizonte |
141.20 |
144.00 |
2.80 |
2.56 |
201 |
0.03 |
4.81 |
4.13 |
DDH-U-073-24 |
Labor Este |
Horizonte |
140.10 |
143.55 |
3.45 |
3.21 |
74 |
0.03 |
2.31 |
2.16 |
DDH-U-075-24 |
Cuerpo Andres |
Horizonte |
39.85 |
40.45 |
0.60 |
0.55 |
701 |
0.09 |
13.64 |
8.83 |
DDH-U-084-24 |
Cuerpo Andres |
Horizonte |
60.55 |
63.00 |
2.45 |
1.70 |
61 |
0.08 |
1.97 |
12.73 |
DDH-U-086-24 |
Martin Ramal |
Middle |
12.60 |
14.20 |
1.60 |
1.56 |
535 |
0.20 |
10.02 |
2.31 |
DDH-U-088-24 |
Cometa Ramal |
Horizonte |
398.85 |
404.20 |
5.35 |
3.66 |
114 |
0.10 |
1.83 |
3.55 |
DDH-U-100-24 |
Cuerpo Andres |
Horizonte |
264.85 |
267.25 |
2.40 |
1.64 |
115 |
0.04 |
2.85 |
3.89 |
DDH-U-105-24 |
Cuerpo Andres |
Horizonte |
54.90 |
56.65 |
1.75 |
1.40 |
87 |
0.06 |
1.77 |
8.47 |
DDH-U-108-24 |
Cometa Ramal |
Horizonte |
489.95 |
493.00 |
3.05 |
1.65 |
304 |
0.08 |
1.86 |
2.18 |
DDH-U-110-24 |
Maria Ramal |
Horizonte |
66.00 |
73.15 |
7.15 |
4.10 |
140 |
0.04 |
3.10 |
5.91 |
DDH-U-111-24 |
Maria Ramal |
Horizonte |
47.70 |
50.55 |
2.85 |
2.10 |
399 |
0.04 |
7.39 |
14.58 |
DDH-U-113-24 |
Maria Ramal |
Horizonte |
37.35 |
39.00 |
1.65 |
1.50 |
504 |
0.04 |
12.77 |
19.97 |
DDH-U-114-24 |
Maria Ramal |
Horizonte |
36.10 |
38.80 |
2.70 |
2.50 |
272 |
0.03 |
6.06 |
10.39 |
DDH-U-116-24 |
Maria Ramal |
Horizonte |
48.60 |
49.65 |
1.05 |
0.80 |
357 |
0.07 |
13.66 |
12.73 |
Minera Florida,
The following table provides infill and exploration drill result highlights for the Minera Florida mine for January 2024 to October 2024. Full drill results not included in this table, together with cross sections and plans, are available at: https://panamericansilver.com/operations/gold-segment/minera-florida/.
Hole |
Vein |
From (m) |
To (m) |
Interval (m) |
Est. True Width (m) |
Au (g/t) |
Ag (g/t) |
Zn % |
ALH4578 |
Aurora |
115.25 |
116.10 |
0.85 |
0.71 |
12.62 |
47 |
0.46 |
ALH4598 |
Bandolera |
86.50 |
88.80 |
2.30 |
2.19 |
4.84 |
4 |
3.01 |
ALH4607 |
Bandolera |
109.05 |
110.65 |
1.60 |
1.25 |
11.15 |
6 |
2.61 |
ALH4482 |
Central superior 1 |
119.85 |
124.65 |
4.80 |
2.68 |
8.80 |
410 |
0.20 |
ALH4426 |
Cipres_1 |
143.17 |
145.08 |
1.91 |
1.19 |
7.29 |
7 |
1.48 |
ALH4460 |
Cipres_1 |
138.90 |
140.05 |
1.15 |
0.72 |
17.92 |
15 |
1.14 |
ALH4421 |
Don Leopoldo sur |
91.45 |
93.65 |
2.20 |
1.53 |
6.34 |
9 |
4.79 |
ALH4623 |
Don Leopoldo sur |
116.60 |
118.20 |
1.60 |
1.28 |
8.29 |
7 |
0.40 |
ALH4505 |
Gasparín Superior |
173.65 |
175.30 |
1.65 |
0.90 |
10.23 |
13 |
0.31 |
ALH4406 |
Manda Norte |
148.40 |
149.30 |
0.90 |
0.62 |
29.68 |
13 |
0.04 |
ALH4687 |
Maqui CII |
84.45 |
85.85 |
1.40 |
1.16 |
5.40 |
173 |
2.16 |
ALH4638 |
Maqui CII |
128.85 |
132.25 |
3.40 |
1.97 |
9.38 |
23 |
4.96 |
ALH4690 |
Maqui CII |
73.35 |
75.15 |
1.80 |
1.64 |
4.95 |
28 |
2.24 |
ALH4556 |
Maqui CIII |
54.75 |
56.05 |
1.30 |
1.05 |
5.62 |
21 |
12.52 |
ALH4580 |
Maqui CIII |
58.20 |
59.55 |
1.35 |
1.03 |
9.10 |
22 |
7.10 |
ALH4588 |
Maqui CIII |
68.75 |
70.50 |
1.75 |
1.19 |
13.62 |
11 |
3.81 |
ALH4631 |
Maqui CIII |
52.50 |
53.20 |
0.70 |
0.61 |
12.68 |
35 |
18.07 |
ALH4638 |
Maqui CIII |
111.15 |
115.30 |
4.15 |
1.98 |
16.11 |
13 |
6.44 |
ALH4673 |
Maqui CIII |
81.40 |
83.65 |
2.25 |
1.28 |
9.58 |
15 |
5.58 |
ALH4592 |
Maqui Norte |
107.85 |
110.10 |
2.25 |
1.59 |
10.23 |
31 |
5.57 |
ALH4562 |
Mila |
113.00 |
117.40 |
4.40 |
2.57 |
10.32 |
12 |
0.08 |
ALH4574 |
Mila |
191.80 |
196.20 |
4.40 |
1.70 |
8.29 |
110 |
3.34 |
ALH4467 |
Mila |
129.90 |
132.55 |
2.65 |
1.15 |
6.52 |
286 |
2.29 |
ALH4476 |
Peque |
67.05 |
68.25 |
1.20 |
0.78 |
10.68 |
8 |
10.05 |
ALH4481 |
Peque |
80.30 |
81.55 |
1.25 |
0.91 |
12.53 |
43 |
8.31 |
ALH4496 |
Peque |
55.00 |
57.30 |
2.30 |
1.82 |
4.74 |
35 |
1.26 |
ALH4577 |
Peque |
101.30 |
103.75 |
2.45 |
1.11 |
11.57 |
23 |
7.61 |
ALH4644 |
Peque |
59.35 |
60.20 |
0.85 |
0.83 |
13.77 |
77 |
1.54 |
ALH4715 |
Peque |
202.75 |
207.85 |
5.10 |
1.48 |
10.71 |
13 |
2.74 |
ALH4729 |
Rafael II |
56.35 |
59.65 |
3.30 |
1.95 |
4.74 |
415 |
3.86 |
ALH4701 |
Sat. 1 Maqui |
152.55 |
154.40 |
1.85 |
0.92 |
20.61 |
13 |
0.09 |
ALH4424 |
Satelite Mila Sur 1 |
371.85 |
373.35 |
1.50 |
1.41 |
2.62 |
627 |
1.44 |
ALH4534 |
Satélite Valeria 1 |
111.35 |
112.60 |
1.25 |
0.92 |
14.06 |
27 |
0.04 |
ALH4549 |
Satélite Valeria 1 |
107.25 |
109.90 |
2.65 |
1.88 |
9.05 |
11 |
0.09 |
ALH4594 |
Satélite Valeria 1 |
166.35 |
167.70 |
1.35 |
0.85 |
16.60 |
17 |
2.09 |
ALH4516 |
Satélite Valeria 8 |
72.65 |
73.90 |
1.25 |
1.05 |
3.39 |
1645 |
0.18 |
ALH4521 |
Satélite Valeria 8 |
91.00 |
92.15 |
1.15 |
0.82 |
11.64 |
55 |
2.60 |
ALH4617 |
Satélite Valeria 8 |
61.75 |
62.95 |
1.20 |
1.18 |
15.05 |
15 |
0.83 |
ALH4436 |
Satélite VCS 21 |
51.50 |
52.65 |
1.15 |
0.68 |
15.53 |
56 |
0.81 |
ALH4426 |
Sorpresa |
41.85 |
44.20 |
2.35 |
2.14 |
5.84 |
12 |
1.35 |
ALH4449 |
Sorpresa |
43.60 |
46.30 |
2.70 |
1.82 |
5.05 |
7 |
0.97 |
ALH4600 |
Sorpresa |
20.90 |
26.50 |
5.60 |
2.93 |
5.34 |
18 |
3.40 |
ALH4657 |
Sorpresa |
21.70 |
28.10 |
6.40 |
2.95 |
8.79 |
10 |
1.48 |
ALH4672 |
Sorpresa |
13.25 |
15.00 |
1.75 |
1.34 |
6.67 |
13 |
1.61 |
Whitney Project (
The following table provides infill and exploration drill result highlights from the Hallnor/Bonetal and Broulan Reef deposits of the Whitney Project for the period November 2023 to September 2024. Full infill and exploration drill results not included in this table, together with cross sections and plans, are available at: https://panamericansilver.com/operations/gold-segment/timmins/.
Hole No. |
Zone |
From (m) |
To (m) |
Int (m) |
Est. True Width (m) |
Au g/t |
TW23-749 |
Broulan Reef |
61.0 |
62.0 |
1.0 |
0.8 |
28.40 |
TW23-750 |
Hallnor |
444.2 |
462.0 |
17.8 |
11.7 |
3.28 |
|
Incl. |
454.0 |
461.0 |
7.0 |
4.5 |
5.98 |
TW23-751 |
Hallnor |
411.2 |
430.0 |
18.8 |
13.7 |
2.11 |
|
Incl. |
415.0 |
425.0 |
10.0 |
7.3 |
3.27 |
TW23-754 |
Hallnor |
548.0 |
561.0 |
13.0 |
10.1 |
3.33 |
TW23-756 |
Hallnor |
319.0 |
320.0 |
1.0 |
0.6 |
65.30 |
|
|
408.5 |
428.0 |
19.5 |
10.8 |
2.91 |
|
Incl. |
409.0 |
415.0 |
6.0 |
3.3 |
6.07 |
TW24-758 |
Hallnor |
472.7 |
476.9 |
4.2 |
2.7 |
19.89 |
TW24-759A |
Hallnor |
500.0 |
508.0 |
8.0 |
5.1 |
5.15 |
TW24-765 |
Hallnor |
118.0 |
119.0 |
1.0 |
0.8 |
58.20 |
TW24-770 |
Hallnor |
99.0 |
117.0 |
18.0 |
14.5 |
3.42 |
|
Incl. |
99.0 |
110.0 |
11.0 |
8.8 |
4.58 |
|
and |
99.7 |
102.0 |
2.3 |
1.8 |
14.40 |
TW24-771 |
Hallnor |
120.5 |
130.0 |
9.5 |
7.2 |
31.50 |
|
Incl. |
122.0 |
123.0 |
1.0 |
0.8 |
284.00 |
TW24-772 |
Bonetal |
132.0 |
133.0 |
1.0 |
0.8 |
71.40 |
TW24-776 |
Bonetal |
110.0 |
112.0 |
2.0 |
1.5 |
21.75 |
TW24-780 |
Bonetal |
193.0 |
194.0 |
1.0 |
0.8 |
67.80 |
TW24-782 |
Bonetal |
125.0 |
140.0 |
15.0 |
11.4 |
3.78 |
TW24-783 |
Bonetal |
115.0 |
127.0 |
12.0 |
9.8 |
2.74 |
|
|
139.0 |
152.0 |
13.0 |
10.6 |
3.37 |
TW24-786 |
Broulan Reef |
169.5 |
180.5 |
11.0 |
7.6 |
6.26 |
|
Incl. |
175.0 |
176.0 |
1.0 |
0.7 |
11.80 |
|
also incl. |
178.6 |
179.1 |
0.5 |
0.3 |
86.30 |
TW24-793 |
Broulan Reef |
197.1 |
200.0 |
2.9 |
2.4 |
360.18 |
|
Incl. |
197.6 |
198.1 |
0.5 |
0.4 |
1940.00 |
|
also incl. |
198.1 |
198.5 |
0.4 |
0.3 |
140.00 |
|
also incl. |
198.5 |
199.0 |
0.5 |
0.4 |
31.40 |
TW24-802 |
Broulan Reef |
116.8 |
117.2 |
0.4 |
0.3 |
378.00 |
TW24-804 |
Broulan Reef |
138.5 |
144.3 |
5.8 |
4.3 |
4.69 |
|
Incl. |
140.5 |
141.0 |
0.5 |
0.4 |
41.20 |
General Notes with Respect to Technical Information
Grades are shown as contained metal before mill recoveries are applied. The Company has undertaken a verification process with respect to the data disclosed in this news release.
Samples are analyzed at a variety of laboratories, including by in-house staff at the mine (Jacobina and
The Qualified Persons are of the opinion that the sample preparation, analytical, and security procedures followed for the samples are sufficient and reliable for the purpose of this news release and for the purpose of any future mineral resource and mineral reserve estimates. There were no limitations on the Qualified Persons' verification process. Pan American is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data reported herein.
Mineral resources and mineral reserves are as defined by the Canadian Institute of Mining, Metallurgy and Petroleum.
See the Company’s Annual Information Form dated March 26, 2024, available at www.sedarplus.com, or the Company’s most recent Form 40-F filed with the United States Securities and Exchange Commission (the "SEC") for further information on the Company’s material mineral properties, including detailed information concerning associated QA/QC and data verification matters, the key assumptions, parameters and methods used by the Company to estimate mineral reserves and mineral resources, and for a detailed description of known legal, political, environmental, and other risks that could materially affect the Company’s business and the potential development of the Company’s mineral reserves and mineral resources.
Technical information contained in this news release with respect to Pan American has been reviewed and approved by Christopher Emerson, FAusIMM, Vice President Exploration and Geology, and Martin Wafforn, P.Eng., Senior Vice President Technical Services and Process Optimization, each of whom is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects (‘‘NI 43-101’’). Pan American is authorized by The Association of Professional Engineers and Geoscientists of the Province of
Cautionary Note to US Investors
This news release has been prepared in accordance with the requirements of Canadian NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards, which differ from the requirements of
Canadian public disclosure standards, including NI 43-101, differ significantly from the requirements of the SEC, and information concerning mineralization, deposits, mineral reserve and mineral resource information contained or referred to herein may not be comparable to similar information disclosed by
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Cautionary Note Regarding Forward-Looking Statements and Information
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: the extent of, and success related to any future exploration or development programs, including with respect to its Jacobina, El Peñon,
These forward-looking statements and information reflect Pan American’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by Pan American, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: tonnage of ore to be mined and processed; ore grades and recoveries; prices for silver, gold and base metals remaining as estimated; currency exchange rates remaining as estimated; capital, decommissioning and reclamation estimates; our mineral reserve and resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions at any of our operations; no unplanned delays or interruptions in scheduled production; all necessary permits, licenses and regulatory approvals for our operations are received in a timely manner; our ability to secure and maintain title and ownership to properties and the surface rights necessary for our operations; and our ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
Pan American cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and Pan American has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in silver, gold and base metal prices; fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation); fluctuations in currency markets (such as the PEN, MXN, ARS, BOB, GTQ, CAD, CLP, and BRL versus the USD); operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom Pan American does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards; employee relations; relationships with, and claims by, local communities and indigenous populations; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations and government practices in the jurisdictions where we operate, including environmental, export and import laws and regulations; changes in national and local government, legislation, taxation, controls or regulations and political, legal or economic developments, including legal restrictions relating to mining, risks relating to expropriation, and risks relating to the constitutional court-mandated ILO 169 consultation process in
View source version on businesswire.com: https://www.businesswire.com/news/home/20241209583019/en/
For more information contact:
Siren Fisekci
VP, Investor Relations & Corporate Communications
Ph: 604-806-3191
Email: ir@panamericansilver.com
Source: Pan American Silver
FAQ
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