Pan American Silver Resources of 959.1mn Oz

Aug 28, 2023

Pan American Silver Corp reports its estimated mineral reserves and mineral resources as at June 30, 2023, inclusive of the assets acquired through the Yamana Gold Inc transaction. Pan American Silver Resources announcing the completion of the Yamana transaction for further information.

Proven and probable mineral reserves are estimated to contain approximately 576.6 million ounces of silver and 12.9 million ounces of gold. Measured and indicated mineral resources (excluding proven and probable reserves) are estimated to total approximately 959.1 million ounces of silver and 17.5 million ounces of gold. Inferred mineral resources total 479.4 million ounces of silver and 9.2 million ounces of gold.

“The addition of the assets from the Yamana transaction has resulted in a significant increase in Pan American’s reserve and resource base,” said Christopher Emerson, Pan American’s Vice President of Exploration and Geology.

“Our exploration and geology teams are currently designing the drill programs across the combined portfolio with an emphasis on near site exploration and further resource conversion. Pan American plans to complete over 480,000 metres of drilling in 2023.”

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