VANCOUVER, British Columbia–(BUSINESS WIRE)–Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) releases new drill results for its Jacobina, El Peñon, La Colorada and Huaron properties, reflecting the potential for continued mineral resource replacement at these assets. In particular, drill results from La Colorada and El Peñon reveal the significant exploration potential to find additional mineralized structures in under-explored ground surrounding these operations, highlighting the potential for mineral resource growth close to existing mine infrastructure.
“At La Colorada, we discovered an entirely new set of vein structures with high silver grades to the east and southeast of the main NC2 vein. At El Peñon, drill results from the Pampa Sur zone bode well for potential mineral resource additions close to the existing mine infrastructure, with additional potential in the largely unexplored southern area of the mine,” said Christopher Emerson, Pan American’s Vice President of Exploration and Geology.
Pan American’s exploration program focuses on near-mine exploration and mineral resource conversion throughout its portfolio. Since the last exploration update provided on December 5, 2023, a total of 223,157 metres have been drilled over the November 1, 2023 to April 30, 2024 period. The Company plans to drill an additional 200,000 metres from May 2024 to December 2024.
The drill results disclosed in this news release, together with the results from the second half of the 2023 drill program, will be integrated into the Company’s mineral reserves and mineral resources update as at June 30, 2024, which is expected to be released in August 2024. All intercepts are reported as estimated true widths in metres (“m”).
EXPLORATION HIGHLIGHTS
Jacobina mine, Brazil:
Jacobina is an underground paleo-placer gold mine located in the state of Bahia in northeastern Brazil. Mineralization is hosted by a series of steeply to moderately dipping quartz pebble conglomerate reefs, which range up to several metres in width. The mine complex extends over eight kilometres north/south, with mineral resources and exploration targets extending over a 14 kilometre trend. Mineralization remains open at depth and along strike in multiple areas.
El Peñon, Chile:
El Peñon is a high-grade low-sulphidation epithermal vein Au-Ag deposit, located at an average elevation of 1,800 m above sea level within the Paleocene mineral belt of northern Chile. The deposit consists of a series of steeply to moderately dipping, north-south striking quartz veins, which extend within a 14 kilometre long northeast trending corridor. The 122,000 ha property hosts several satellite deposits and targets, which are actively being explored.
La Colorada mine, Mexico:
The La Colorada mine is a silver-rich polymetallic vein mine located in the state of Zacatecas, Mexico. The deposit is an intermediate sulphidation epithermal vein system, with associated splays. Individual veins are typically one to two metres wide with strike lengths of between 900 metres and 1.5 kilometres.
Huaron mine, Peru:
The Huaron mine, situated in the western cordillera of the Andes within the Cerro de Pasco Department of central Peru, is a polymetallic deposit featuring zinc, lead, silver, and copper. The deposit is defined by hydrothermal veins and replacement bodies hosted in folded and faulted sedimentary rocks.
DRILL RESULT HIGHLIGHT TABLES
Jacobina, Brazil
The following table provides infill and exploration drill result highlights for the Jacobina mine. Full infill and exploration drill results not included in this table, together with cross sections and plans, are available at https://panamericansilver.com/operations/exploration/.
Hole No. | Sector | Incl. | From (m) | To (m) | Interval (m) | Est. True Width (m) | Au g/t |
JBS00054 | João Belo Sul |
| 247.08 | 251.50 | 4.42 | 2.65 | 2 .61 |
JBS00054 | João Belo Sul |
| 258.00 | 265.00 | 7.00 | 4.20 | 2.28 |
JBS00056 | João Belo Sul |
| 440.32 | 447.00 | 6.68 | 5.95 | 2.24 |
JBS00056 | João Belo Sul | Incl | 440.32 | 444.00 | 3.68 | 3.28 | 3.45 |
JBS00062 | João Belo Sul |
| 190.00 | 196.84 | 6.84 | 6.42 | 2.37 |
JBS00062 | João Belo Sul | Incl | 190.00 | 192.90 | 2.90 | 2.72 | 3.90 |
JBS00062 | João Belo Sul |
| 331.00 | 337.50 | 6.50 | 6.23 | 2.77 |
JBS00062 | João Belo Sul | Incl | 334.50 | 337.50 | 3.00 | 2.87 | 4.12 |
JBS00082 | João Belo Sul |
| 429.89 | 433.94 | 4.05 | 3.20 | 6.58 |
JBEX00118 | João Belo Norte |
| 442.50 | 446.21 | 3.71 | 2.07 | 2.58 |
JBEX00121 | João Belo Norte |
| 55.50 | 60.00 | 4.50 | 3.34 | 2.14 |
MRCEX00012 | Maricota |
| 772.00 | 777.88 | 5.88 | 5.78 | 2.52 |
MRCEX00012 | Maricota | Incl | 774.00 | 777.04 | 3.04 | 2.98 | 3.07 |
MRCEX00012 | Maricota |
| 777.88 | 780.63 | 2.75 | 2.70 | 4.18 |
MRCEX00016 | Maricota |
| 72.50 | 75.50 | 3.00 | 2.56 | 4.04 |
MRCEX00016 | Maricota |
| 411.72 | 413.00 | 1.28 | 1.19 | 56.48 |
MRCEX00018 | Maricota |
| 229.00 | 230.50 | 1.50 | 1.37 | 7.86 |
MRCEX00019 | Maricota |
| 421.74 | 430.50 | 8.76 | 8.45 | 2.22 |
MRCEX00019 | Maricota | Incl | 421.74 | 426.76 | 5.02 | 4.84 | 3.05 |
MRCEX00020 | Maricota |
| 279.96 | 283.50 | 3.54 | 2.88 | 5.88 |
MRCEX00023 | Maricota |
| 496.00 | 504.00 | 8.00 | 4.39 | 2.21 |
SCOEX00017 | Serra do Córrego Norte |
| 325.80 | 341.00 | 15.20 | 11.59 | 3.37 |
SCOEX00017 | Serra do Córrego Norte | Incl | 325.80 | 331.26 | 5.46 | 4.17 | 4.90 |
SCOEX00017 | Serra do Córrego Norte | Incl | 333.13 | 336.85 | 3.72 | 2.83 | 4.17 |
SCOEX00017 | Serra do Córrego Norte |
| 345.00 | 362.00 | 17.00 | 14.00 | 5.55 |
SCOEX00017 | Serra do Córrego Norte | Incl | 345.50 | 349.50 | 4.00 | 3.30 | 15.92 |
SCOEX00017 | Serra do Córrego Norte | Incl | 356.50 | 359.50 | 3.00 | 2.47 | 6.07 |
SCOEX00018 | Serra do Córrego Norte |
| 418.00 | 421.50 | 3.50 | 1.96 | 11.28 |
MVTEX00191 | Morro do Vento Norte |
| 282.00 | 293.00 | 11.00 | 8.14 | 4.31 |
MVTEX00191 | Morro do Vento Norte | Incl | 282.00 | 285.00 | 3.00 | 2.22 | 6.38 |
MVTEX00195 | Morro do Vento Norte |
| 63.97 | 67.50 | 3.53 | 3.29 | 15.40 |
MVTEX00195 | Morro do Vento Norte |
| 168.61 | 175.00 | 6.39 | 6.11 | 2.48 |
MVTEX00195 | Morro do Vento Norte | Incl | 168.61 | 170.81 | 2.20 | 2.10 | 3.77 |
MVTEX00193 | Morro do Vento Sul |
| 167.00 | 173.93 | 6.93 | 6.76 | 3.91 |
MVTEX00193 | Morro do Vento Sul |
| 182.80 | 185.34 | 2.54 | 2.48 | 4.53 |
MVTEX00198 | Morro do Vento Sul |
| 215.40 | 224.50 | 9.10 | 7.02 | 2.35 |
MVTEX00198 | Morro do Vento Sul | Incl | 216.50 | 219.92 | 3.42 | 2.64 | 4.24 |
MVTEX00198 | Morro do Vento Sul |
| 240.00 | 243.00 | 3.00 | 2.34 | 3.31 |
MVTEX00209 | Morro do Vento Sul |
| 176.00 | 187.08 | 11.08 | 8.19 | 3.12 |
MVTEX00209 | Morro do Vento Sul | Incl | 176.00 | 180.00 | 4.00 | 2.95 | 4.03 |
MVTEX00209 | Morro do Vento Sul | Incl | 183.84 | 187.08 | 3.24 | 2.39 | 5.11 |
CANEX00145 | Canavieiras Central |
| 122.00 | 131.00 | 9.00 | 6.67 | 6.78 |
CANEX00147A | Canavieiras Central |
| 115.50 | 117.00 | 1.50 | 1.22 | 8.93 |
El Peñon, Chile
The following table provides infill and exploration drill result highlights for the El Peñon mine. Full infill and exploration drill results not included in this table, together with longitudinal sections and plans, are available at https://panamericansilver.com/operations/exploration/.
Hole | Vein | From (m) | To (m) | Interval (m) | Est. True Width (m) | Au (g/t) | Ag (g/t) |
SEX0022 | Bermuda | 461.00 | 463.00 | 2.00 | 1.02 | 6.50 | 137 |
SIH0001 | Chiquilla Chica | 238.05 | 239.00 | 0.95 | 0.65 | 1.40 | 751 |
SIH0002 | Chiquilla Chica (-30) | 157.00 | 162.00 | 5.00 | 3.19 | 0.20 | 415 |
SIH0002 | Chiquilla Chica | 247.55 | 248.75 | 1.20 | 0.80 | 0.20 | 487 |
SIH0003 | Chiquilla Chica | 226.38 | 228.09 | 1.71 | 1.49 | 0.60 | 688 |
SIH0004 | Chiquilla Chica | 226.35 | 228.75 | 2.40 | 1.36 | 0.20 | 477 |
UEV0036 | El Valle | 246.85 | 248.70 | 1.85 | 1.24 | 5.40 | 236 |
SIV0002 | El Valle | 285.00 | 286.60 | 1.60 | 1.35 | 9.60 | 120 |
SIV0005 | El Valle | 327.30 | 329.80 | 2.50 | 1.43 | 7.10 | 185 |
UIV0061 | El Valle | 196.00 | 198.00 | 2.00 | 1.63 | 9.50 | 473 |
UIV0063 | El Valle | 193.00 | 194.45 | 1.45 | 0.86 | 11.40 | 391 |
SIV0006 | El Valle | 410.00 | 413.00 | 3.00 | 0.90 | 9.10 | 525 |
SEV0009 | El Valle | 282.00 | 283.39 | 1.39 | 1.11 | 12.00 | 356 |
SIV0007 | El Valle (-20) | 228.37 | 229.20 | 0.83 | 0.61 | 28.50 | 204 |
SIV0007 | El Valle | 273.60 | 275.40 | 1.80 | 1.33 | 13.10 | 403 |
SIV0003 | El Valle | 243.60 | 244.40 | 0.80 | 0.57 | 9.60 | 90 |
UIV0066 | El Valle | 225.45 | 227.92 | 2.47 | 1.28 | 4.70 | 288 |
UIV0065 | El Valle | 163.65 | 165.50 | 1.85 | 1.14 | 6.00 | 241 |
UIV0069 | El Valle | 169.09 | 169.76 | 0.67 | 0.78 | 7.10 | 129 |
UIV0076 | El Valle | 208.00 | 210.50 | 2.50 | 1.67 | 11.70 | 449 |
UIV0067 | El Valle (-9) | 169.50 | 172.00 | 2.50 | 1.52 | 8.2 | 107 |
UIV0058 | El Valle FW | 254.00 | 256.35 | 2.35 | 1.01 | 3.6 | 174 |
SIM0022 | Martillo Flat SSE | 202.55 | 203.70 | 1.15 | 0.63 | 68.2 | 880 |
SIM0025 | Martillo Flat SSE | 241.70 | 242.40 | 0.70 | 0.47 | 12.0 | 485 |
UIP0153 | Pampa Campamento | 252.50 | 254.00 | 1.50 | 1.16 | 5.0 | 144 |
UIP0155 | Pampa Campamento | 127.40 | 128.70 | 1.30 | 0.72 | 21.5 | 748 |
UEP0060 | Pampa Campamento | 242.58 | 243.55 | 0.97 | 0.76 | 7.6 | 207 |
UEP0061 | Pampa Campamento | 340.60 | 341.13 | 0.53 | 0.45 | 12.5 | 287 |
UIP0158 | Pampa Campamento | 236.60 | 237.39 | 0.79 | 0.68 | 26.8 | 62 |
UIP0163 | Pampa Campamento | 268.40 | 269.75 | 1.35 | 0.95 | 11.0 | 258 |
UIP0163 | Pampa Campamento (+8) | 282.05 | 284.07 | 2.02 | 1.80 | 12.2 | 182 |
UIP0164 | Pampa Campamento (-4) | 263.80 | 264.45 | 0.65 | 0.60 | 8.4 | 133 |
UIP0164 | Pampa Campamento | 267.12 | 268.20 | 1.08 | 0.86 | 11.5 | 202 |
UIP0164 | Pampa Campamento (+2) | 269.50 | 270.50 | 1.00 | 0.80 | 6.9 | 163 |
SEP0050 | Pampa Sur | 405.92 | 406.96 | 1.04 | 0.80 | 15.6 | 94 |
SEP0032 | Pampa Sur (+4) | 429.60 | 430.13 | 0.53 | 0.48 | 9.1 | 385 |
SEP0032 | Pampa Sur | 436.18 | 437.60 | 1.42 | 1.22 | 22.2 | 1005 |
SEP0035 | Pampa Sur | 365.00 | 366.00 | 1.00 | 0.62 | 10.9 | 266 |
SEP0037 | Pampa Sur | 467.40 | 468.50 | 1.10 | 0.88 | 13.2 | 781 |
SEP0057 | Pampa Sur | 333.30 | 334.40 | 1.10 | 0.70 | 6.6 | 442 |
SIP0050 | Pampa Sur | 439.45 | 440.45 | 1.00 | 0.62 | 4.6 | 261 |
SIS0017 | Sorpresa Sur | 467.70 | 469.10 | 1.40 | 0.80 | 11.5 | 853 |
SIH0014 | Tostado Sur | 7.75 | 8.75 | 1.00 | 0.96 | 0.0 | 3530 |
SIH0014 | Tostado Sur | 9.80 | 10.90 | 1.10 | 1.02 | 0.0 | 3802 |
SIH0014 | Tostado Sur | 14.00 | 14.70 | 0.70 | 0.62 | 0.1 | 2347 |
SIH0015 | Tostado Sur | 7.90 | 9.05 | 1.15 | 1.03 | 0.1 | 7574 |
SIH0016 | Tostado Sur | 0.80 | 10.85 | 10.05 | 7.50 | 0.1 | 1217 |
La Colorada, Mexico
The following table provides the drill result highlights for the La Colorada mine. Full drill results not included in this table, together with cross sections and plans, are available at https://panamericansilver.com/operations/exploration/.
Hole No. | Vein | From (m) | To (m) | Interval (m) | Est. True Width (m) | Ag g/t | Au (g/t) | Pb % | Zn % |
S-108-23 | Mariana | 502.55 | 503.85 | 1.30 | 0.85 | 760 | 0.08 | 0.48 | 0.86 |
And | NC2 | 624.90 | 628.50 | 3.60 | 1.42 | 1131 | 0.95 | 3.05 | 5.50 |
S-119-23 | Mariana | 592.60 | 594.15 | 1.55 | 0.89 | 499 | 0.13 | 0.16 | 0.42 |
And | Intermedia Este | 604.25 | 607.00 | 2.75 | 1.17 | 78 | 0.08 | 0.38 | 1.50 |
And | NC2 | 659.65 | 660.00 | 0.35 | 0.14 | 247 | 0.19 | 0.66 | 2.51 |
S-125-23 | Mariana | 525.80 | 527.85 | 2.05 | 1.31 | 689 | 0.07 | 0.35 | 1.45 |
S-131-23 | Mariana | 510.80 | 513.35 | 2.55 | 1.69 | 551 | 0.11 | 0.60 | 0.80 |
And | NC2 | 578.90 | 580.50 | 1.60 | 0.61 | 103 | 0.14 | 0.24 | 0.73 |
S-134-23 | NC2 | 758.80 | 760.05 | 1.25 | 0.75 | 214 | 0.14 | 3.71 | 10.98 |
S-139-23 | Mariana | 522.70 | 523.40 | 0.70 | 0.45 | 2639 | 0.27 | 1.86 | 4.56 |
And | NC2 | 600.85 | 602.10 | 1.25 | 0.36 | 647 | 0.33 | 1.23 | 4.68 |
S-27-24 | Mariana | 620.30 | 623.65 | 3.35 | 2.51 | 426 | 0.14 | 1.22 | 3.63 |
And | Intermedia Este | 627.00 | 627.95 | 0.95 | 0.59 | 2291 | 0.40 | 3.27 | 6.08 |
And | NC2 | 669.35 | 671.55 | 2.20 | 1.04 | 5991 | 1.79 | 4.06 | 8.74 |
S-39-24 | Mariana | 648.95 | 650.35 | 1.40 | 1.02 | 499 | 0.14 | 0.55 | 1.38 |
And | Intermedia Este | 697.40 | 698.95 | 1.55 | 0.92 | 912 | 0.73 | 2.70 | 7.98 |
And | NC2 | 721.30 | 723.75 | 2.45 | 1.22 | 136 | 0.10 | 1.00 | 1.54 |
S-51-24 | Mariana | 581.25 | 581.70 | 0.45 | 0.36 | 1901 | 0.07 | 1.09 | 3.35 |
And | Intermedia Este | 598.50 | 599.20 | 0.70 | 0.61 | 2776 | 0.27 | 1.52 | 0.90 |
And | NC2 | 648.30 | 648.80 | 0.50 | 0.41 | 909 | 1.00 | 1.68 | 7.56 |
S-97-23 | NC2 | 630.70 | 631.70 | 1.00 | 0.84 | 205 | 0.07 | 0.32 | 0.63 |
S-20-24 | Cristina Vein System | 494.45 | 497.10 | 2.65 | 1.64 | 950 | 0.38 | 2.12 | 3.48 |
And | Cristina Vein System | 523.30 | 525.15 | 1.85 | 1.12 | 1212 | 0.11 | 2.32 | 2.59 |
And | Cristina Vein System | 532.20 | 532.65 | 0.45 | 0.36 | 2336 | 0.37 | 2.24 | 4.52 |
And | Cristina Vein System | 553.55 | 555.20 | 1.65 | 0.65 | 1551 | 0.44 | 5.28 | 7.93 |
And | Cristina Vein System | 567.45 | 576.60 | 9.15 | 5.67 | 614 | 0.30 | 2.10 | 5.95 |
S-05-24 | San Geronimo Vein System | 494.40 | 495.65 | 1.25 | 0.77 | 951 | 0.30 | 0.65 | 1.67 |
And | San Geronimo Vein System | 570.20 | 571.70 | 1.50 | 1.41 | 825 | 2.67 | 4.48 | 9.26 |
And | San Geronimo Vein System | 574.10 | 576.40 | 2.30 | 1.95 | 1755 | 1.11 | 2.69 | 5.78 |
And | San Geronimo Vein System | 637.40 | 640.35 | 2.95 | 2.16 | 1190 | 0.66 | 1.19 | 2.22 |
And | San Geronimo Vein System | 738.45 | 739.55 | 1.10 | 0.84 | 317 | 0.16 | 3.77 | 3.64 |
And | San Geronimo Vein System | 941.90 | 943.20 | 1.30 | 0.44 | 284 | 0.14 | 7.17 | 7.55 |
S-71-24 | Cristina Vein System | 367.45 | 370.15 | 2.70 | 1.89 | 3342 | 0.96 | 4.62 | 4.67 |
And | Cristina Vein System | 373.45 | 375.05 | 1.60 | 1.12 | 161 | 0.27 | 2.67 | 3.42 |
And | Cristina Vein System | 386.10 | 386.35 | 0.25 | 0.18 | 196 | 0.10 | 0.82 | 0.52 |
And | San Geronimo Vein System | 422.80 | 423.00 | 0.20 | 0.14 | 172 | 0.08 | 0.28 | 1.21 |
And | San Geronimo Vein System | 460.50 | 460.85 | 0.35 | 0.25 | 254 | 0.18 | 0.47 | 1.55 |
And | San Geronimo Vein System | 508.40 | 509.15 | 0.75 | 0.53 | 471 | 0.68 | 0.67 | 2.14 |
And | San Geronimo Vein System | 528.15 | 528.65 | 0.50 | 0.35 | 70 | 0.29 | 5.30 | 10.41 |
And | San Geronimo Vein System | 552.40 | 554.30 | 1.90 | 1.33 | 149 | 0.22 | 2.53 | 2.27 |
And | San Geronimo Vein System | 584.60 | 626.76 | 42.15 | 29.51 | 128 | 0.85 | 2.28 | 5.80 |
Huaron, Peru
The following table provides infill and exploration drill result highlights from the medium, lower and Horizonte sectors of the Huaron mine. Full drill and channel sampling results not included in this table, together with cross sections and plans, are available at https://panamericansilver.com/operations/exploration/.
Hole No | Vein | Zone | From (m) | To (m) | Interval (m) | Est. True Width (m) | Ag g/t | Cu% | Pb% | Zn% |
DDH-U-007-24 | Cometa Ramal | Horizonte | 357.15 | 358.40 | 1.25 | 0.99 | 289 | 0.13 | 4.74 | 5.82 |
DDH-U-018-24 | Cometa Ramal | Horizonte | 431.55 | 440.20 | 8.65 | 4.00 | 333 | 0.49 | 5.50 | 20.44 |
DDH-U-026-24 | Cometa Ramal | Horizonte | 362.30 | 363.65 | 0.70 | 0.97 | 33 | 0.02 | 0.33 | 0.33 |
DDH-U-037-24 | Cometa Ramal | Horizonte | 370.95 | 373.05 | 2.10 | 1.52 | 81 | 0.10 | 1.31 | 2.21 |
DDH-U-043-24 | Cometa Ramal | Horizonte | 406.65 | 408.90 | 2.25 | 1.50 | 250 | 0.22 | 3.67 | 6.43 |
DDH-U-049-24 | Cometa Ramal | Horizonte | 435.45 | 438.85 | 3.40 | 2.32 | 627 | 0.79 | 3.36 | 17.77 |
DDH-U-052-24 | Cometa Ramal | Horizonte | 301.40 | 302.25 | 0.85 | 0.70 | 28 | 0.02 | 0.28 | 0.54 |
DDH-U-057-24 | Cometa Ramal | Horizonte | 385.70 | 387.95 | 2.05 | 1.50 | 282 | 0.40 | 3.20 | 8.84 |
DDH-U-085-23 | Cometa Ramal | Horizonte | 430.70 | 435.35 | 4.65 | 1.50 | 528 | 0.33 | 4.01 | 7.47 |
DDH-U-091-23 | Cometa Ramal | Horizonte | 346.55 | 348.70 | 2.15 | 1.64 | 272 | 0.08 | 3.32 | 2.00 |
DDH-U-096-23 | Cometa Ramal | Horizonte | 397.00 | 402.05 | 5.05 | 3.64 | 85 | 0.05 | 1.43 | 3.51 |
DDH-U-047-24 | Patrick | Middle | 188.50 | 196.80 | 8.30 | 5.46 | 331 | 0.20 | 1.32 | 3.58 |
DDH-U-035-24 | Patrick | Middle | 136.80 | 142.80 | 6.00 | 5.92 | 234 | 0.13 | 1.04 | 4.12 |
DDH-U-041-24 | Patrick | Middle | 140.70 | 142.45 | 1.75 | 1.66 | 819 | 0.35 | 11.53 | 14.48 |
DDH-U-039-24 | Patrick | Middle | 180.30 | 182.05 | 1.75 | 1.71 | 337 | 0.23 | 1.50 | 2.10 |
DDH-U-045-24 | Patrick | Middle | 157.85 | 161.35 | 3.50 | 3.06 | 179 | 0.08 | 3.39 | 5.37 |
DDH-U-055-24 | Patrick | Middle | 140.70 | 143.30 | 2.60 | 2.52 | 107 | 0.03 | 1.84 | 5.49 |
DDH-U-051-24 | Patrick | Middle | 184.70 | 186.70 | 2.00 | 1.55 | 156 | 0.03 | 1.20 | 3.06 |
DDH-U-033-24 | Labor Este | Horizonte | 158.40 | 162.60 | 4.20 | 3.87 | 147 | 0.03 | 3.19 | 3.86 |
DDH-U-027-24 | Labor Este | Horizonte | 227.10 | 229.35 | 2.25 | 1.68 | 332 | 0.03 | 6.77 | 6.78 |
DDH-U-036-24 | Labor Este | Horizonte | 216.15 | 220.05 | 3.90 | 2.65 | 126 | 0.03 | 1.66 | 1.12 |
DDH-U-048-24 | Labor Este | Horizonte | 190.90 | 192.90 | 2.00 | 0.96 | 266 | 0.08 | 5.47 | 14.94 |
DDH-U-020-24 | Labor Este | Horizonte | 214.00 | 215.75 | 1.75 | 1.09 | 205 | 0.05 | 6.19 | 3.82 |
DDH-U-040-24 | Labor Este | Horizonte | 184.10 | 186.55 | 2.45 | 1.70 | 123 | 0.06 | 3.06 | 5.98 |
DDH-U-016-24 | Labor Este | Horizonte | 254.60 | 255.05 | 0.45 | 0.18 | 627 | 0.11 | 9.44 | 3.39 |
DDH-U-003-24 | Labor Este | Horizonte | 259.70 | 260.80 | 1.10 | 0.66 | 144 | 0.06 | 3.92 | 4.60 |
DDH-U-030-24 | Labor Este | Horizonte | 190.95 | 192.65 | 1.70 | 1.40 | 47 | 0.03 | 1.65 | 1.43 |
DDH-U-044-24 | Labor Este | Horizonte | 237.80 | 238.20 | 0.40 | 0.20 | 288 | 0.10 | 2.75 | 4.29 |
DDH-U-009-24 | Labor Este | Horizonte | 230.00 | 230.35 | 0.35 | 0.23 | 181 | 0.16 | 7.52 | 9.01 |
DDH-U-052-24 | Labor Este | Horizonte | 179.15 | 181.50 | 2.35 | 1.26 | 32 | 0.02 | 0.53 | 0.38 |
DDH-U-016-24 | Cuerpo Andres | Horizonte | 75.30 | 77.00 | 1.70 | 1.49 | 233 | 0.14 | 3.59 | 6.92 |
DDH-U-020-24 | Cuerpo Andres | Horizonte | 69.40 | 71.25 | 1.85 | 1.78 | 194 | 0.03 | 3.11 | 8.58 |
DDH-U-056-24 | Cuerpo Andres | Horizonte | 48.35 | 53.00 | 4.65 | 3.90 | 162 | 0.04 | 4.02 | 6.06 |
DDH-U-060-24 | Cuerpo Andres | Horizonte | 85.00 | 87.85 | 2.85 | 1.45 | 231 | 0.08 | 2.44 | 4.38 |
DDH-U-061-24 | Cuerpo Andres | Horizonte | 48.45 | 49.75 | 1.30 | 1.06 | 241 | 0.08 | 4.19 | 8.75 |
DDH-U-062-24 | Cuerpo Andres | Horizonte | 81.50 | 83.20 | 1.70 | 0.86 | 756 | 0.22 | 8.28 | 9.61 |
General Notes with Respect to Technical Information
Grades are shown as contained metal before mill recoveries are applied. The Company has undertaken a verification process with respect to the data disclosed in this news release.
Samples are analyzed at a variety of laboratories, including by in-house staff at the mine (Jacobina and La Colorada), mine laboratories operated by third party independent commercial labs (Huaron), and commercial laboratories off-site (La Colorada, El Peñon and Jacobina). All the assay data reported in this news release has been subjected to the industry standard quality assurance and quality control (“QA/QC”) program including the submission of certified standards, blanks, and duplicate samples. The results are reviewed on a monthly and quarterly basis by management. In general, the assay analytical technique for silver, lead, zinc and copper is acid digestion with either ICP or atomic absorption finish. The analytical technique for gold uses fire assay and atomic absorption spectrometry (AAS) finish. A gravimetric finish would be used if the gold assay exceeds > 10 g/t (or >5 g/t at El Peñon). The results of the QA/QC samples submitted for the resource databases demonstrate acceptable accuracy and precision. The offsite commercial laboratories are independent from Pan American and certified by ISO 17025:2017.
The Qualified Persons are of the opinion that the sample preparation, analytical, and security procedures followed for the samples are sufficient and reliable for the purpose of this news release and for the purpose of any future mineral resource and mineral reserve estimates. There were no limitations on the Qualified Persons’ verification process. Pan American is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data reported herein.
Mineral resources and mineral reserves are as defined by the Canadian Institute of Mining, Metallurgy and Petroleum.
Contacts
Siren Fisekci
VP, Investor Relations & Corporate Communications
Ph: 604-806-3191
Email: ir@panamericansilver.com
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