About
Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.
Pan American Silver owns interests in the following exploration projects and investment opportunities, as well as owning the following advanced stage development properties:
Pan American Silver has earned a 65% interest in the high-grade Amalia Project located in the State of Chihuahua, Mexico. Pan American Silver may earn an additional 10% by advancing the project to pre-feasibility.
Please refer to Radius Gold’s website for more information.
Pan American Silver owns a 100% interest in the Larder exploration project, situated on the Abitibi Greenstone Belt in Ontario, Canada. Larder hosts three gold zones along the Cadillac-Larder Break.
Pan American Silver has an option to earn a 100% interest in the Deer Trail exploration project, a silver-rich carbonate replacement deposit located in Piute County, Utah. To earn a 100% interest in the Deer Trail property, Pan American must make the remaining annual cash payments by the end of 2028. Payment of these amounts may be accelerated. All required exploration expenditures in the earn-in agreement have been incurred.
Pan American has an exploration, earn-in and option agreement with Apollo Silver Corp. (“Apollo”) pursuant to which Apollo has the option to acquire the Cinco de Mayo Project. In order for Apollo to exercise the option, Apollo is required to obtain the necessary licensing to access and conduct exploration activities on Cinco de Mayo Project, and subsequently complete no less than 20,000 metres of drilling, all within a five-year period, and then finally issue consideration shares equivalent to 19.9% of the then issued and outstanding common shares of Apollo to Pan American.
Pan American Silver holds an approximately 11.6% undiluted interest in New Pacific Metals Corp., providing Pan American Silver with exposure to the Silver Sand property, located in the Potosi department of Bolivia.
Please refer to New Pacific’s website for more information.
Pan American Silver owns the following advanced stage development properties:
These properties are on care and maintenance and we are currently not carrying out any activities on them. Pan American Silver continues to fulfil all its legal obligations to maintain the legal title in good standing. These properties are not considered material to Pan American Silver.
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