Pan American’s mineral reserves are estimated to contain approximately 576.6 million ounces of silver and 12.9 million ounces of gold as of June 30, 2023.

Please refer to the chart on the right for Pan American’s mineral reserve estimates by metal effective June 30, 2023, as announced in the news release dated August 24, 2023.

A summary of Pan American’s silver and gold mineral reserve and resource information as of June 30, 2023 is provided below: