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Tue May 1, 2001
Pan American's Ross Beaty Elected President Of Silver Institute
Pan American Silver Corp. (Nasdaq -- PAAS; TSE -- PAA) announces the election of its Chairman and CEO, Ross Beaty, to President of The Silver Institute for a two-year term. The Silver Institute is based in Washington, D.C. and was founded in 1971 as a non-profit international association of miners, refiners, fabricators and users of silver.
The Silver Institute helps develop and market silver uses, researches new silver applications, and publishes market statistics on production, distribution and consumption of silver. Publications include the annual World Silver Survey, one of the most comprehensive commodity research studies available, and Silver News, a bi-monthly newsletter exploring trends in the silver industry. The Institute's marketing branch, Silver Trust International promotes silver demand through advertising, public relations and market research. Further information on The Silver Institute can be found at www.silverinstitute.org or by calling (202) 835-0185.
Mr. Beaty said, "My plans are to expand The Silver Institute's marketing efforts to stimulate silver demand. Benefits from this program will accrue to all silver producers, including my company."
Pan American Silver Corp. is a mining company focused exclusively on silver. The Company recently doubled its silver output through successful start-up of production at its second South American operation, the Huaron mine, which increases silver production to over 8 million ounces annually. Pan American also operates the La Colorada mine in Mexico and conducts silver exploration and development programs in Peru, Mexico and Bolivia, the world's dominant silver producing countries.
Ross J. Beaty, Chairman or
Rosie Moore, VP Corporate Relations
(604) 684-1175
www.panamericansilver.com
The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from the targeted results. Such risks and uncertainties include those described in the Company's Form 40-F as amended. All amounts are expressed in U.S. dollars. |
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