Pan American owns 100% of the large polymetallic deposit it discovered in 2018 through brownfield exploration near its La Colorada mine. The deposit is estimated to contain 102 million ounces of silver and a large volume of base metals, based on the initial inferred mineral resource estimate of 72.5 million tonnes released on December 11, 2019.

NEWS RELEASES

Pan American provided drill results for the La Colorada discovery in the following news releases:

Pan American Silver Reports Recent Drill Results for the La Colorada Skarn Discovery

February 13, 2020 

Pan American Silver Estimates Initial Mineral Resource of 72.5 million tonnes for the La Colorada Skarn Deposit

December 11, 2019

Pan American Silver Reports Drill Results from the La Colorada Skarn Discovery with Intercepts up to 379 Metres

October 30, 2019

Pan American Silver Reports Continued Exploration Success at La Colorada

August 1, 2019

Pan American Silver Reports First Quarter 2019 Results

May 8, 2019

Pan American Silver Reports Mineral Reserves of 280 Million Ounces and Continued Success at the La Colorada Skarn Discovery

February 21, 2019

Pan American Silver Announces Major Discovery at its La Colorada Mine

October 23, 2018