October 14, 2004

PAN AMERICAN SILVER TO HOST THIRD QUARTER CONFERENCE CALL

Vancouver, Canada - Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) will announce its third quarter financial and operating results before market open on Monday, November 1. The Company will then host a conference call to discuss the results at 11:00 a.m. Pacific time (2:00 p.m. Eastern time) on the same day.  North American participants please call toll-free 1-877-825-5811. International participants please dial toll-free 1-973-582-2767. The conference may also be accessed live from the investor relations section of the Pan American website. To listen to a playback for one week after the call, dial 1-877-519-4471 in North America and 1-973-341-3080 internationally and enter the replay pin number 5270686.

For Further Information Contact:

Brenda Radies, Vice-President Corporate Relations (604) 806-3158