Pan American owns 100% of the large polymetallic deposit discovered in 2018 through brownfield exploration near its La Colorada mine.

The deposit is estimated to contain 141 million ounces of silver and a large volume of base metals based on the inferred mineral resource estimate of 100.4 million tonnes released on August 4, 2020.*

Advanced Exploration Project


100.4
MT
inferred mineral resource estimate*

141
Moz
silver estimated


News Releases

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

May 12, 2021

Pan American Silver provides drill results and a project update for the La Colorada Skarn deposit

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American”, or the “Company”) today provided results for 28 additional holes drilled at the La Colorada skarn deposit and an update of the…

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August 4, 2020

Pan American Silver increases La Colorada skarn deposit mineral resource estimate to 100.4 million tonnes and provides drilling update

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American”, or the “Company”) today announces an updated inferred mineral resource estimate for its La Colorada skarn deposit in…

Read More about Pan American Silver increases La Colorada skarn deposit mineral resource estimate to 100.4 million tonnes and provides drilling update


February 13, 2020

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

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American”, or the “Company”) today announced results for 14 holes drilled on the La Colorada polymetallic skarn discovery in Mexico…

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


October 30, 2019

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

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) today announced results from 14,300 metres of drilling completed during the third quarter of 2019 on the La Colorada skarn discovery in Mexico….

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


August 1, 2019

Pan American Silver Reports Continued Exploration Success at La Colorada

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) today announced results from the exploration drilling completed over the past three months at its 100% owned La Colorada skarn discovery in Mexico.

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May 8, 2019

Pan American Silver Reports First Quarter 2019 Results

Guidance Updated to Include Mines Acquired Through Tahoe Transaction All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars…

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February 21, 2019

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

All financial figures are expressed in US$ unless otherwise indicated. The reserve and resource information provided in this news release is only for Pan American’s operations and do not reflect…

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


Skarn Discovery Video

Inferred Mineral Resource Estimate*

M Tonnescontained ag MozAg G/tCu %PB %Zn %
100.4141440.201.774.29

* Reported mineral resources do not include amounts identified as mineral reserves. Mineral resources that are not mineral reserves have no demonstrated economic viability. Assuming a cut-off grade of US$60/tonne. Prices used to estimate inferred mineral resources were: US$18.50 per ounce of silver, US$2,600 per tonne of zinc, US$2,200 per tonne of lead, and US$6,500 per tonne of copper. Refer to the August 4, 2020 news release for further details. The effective date of the inferred mineral resources estimate is August 4, 2020. Mineral resources are not mineral reserves and have no demonstrated economic viability. The inferred mineral resource estimate was prepared under the supervision of, or was reviewed by, Christopher Emerson, FAusIMM, Vice President Business Development and Geology and Martin G. Wafforn, P.Eng., Senior Vice President Technical Services and Process Optimization, each of whom is a Qualified Person as that term is defined in National Instrument 43-101. Please refer to our legal notice for cautionary information on forward-looking statements and mineral reserve and resources.