Pan American Silver Announces Significant Mineral Reserves and Resources
ByAinvest
Friday, Sep 12, 2025 4:50 pm ET1min read
PAAS--
The company's exploration program at La Colorada has contributed to an estimated 52.7 million ounces of silver in the inferred mineral resource category, primarily in newly discovered high-grade silver zones [2]. Pan American Silver operates a diverse portfolio of mines, including Escobal, La Colorada, Huaron, San Vicente, and Cerro Moro for silver, and Jacobina, Shahuindo, El Peñon, Timmins, and Minera Florida for gold.
The company's senior vice president of exploration and geology, Christopher Emerson, stated, "Our exploration program at La Colorada has enabled us to more than replace production at that mine as well as add 52.7 million ounces of silver in the inferred mineral resource category, mostly in the newly discovered high-grade silver zones reported in the news release dated September 8, 2025." [2]
Pan American Silver's recent acquisition of MAG Silver Corp. has added a 44% joint venture interest in the Juanicipio silver mine in Zacatecas, Mexico, operated by Fresnillo plc, along with MAG's interests in the Deer Trail and Larder exploration projects [2].
Pan American Silver (PAAS) has reported significant mineral reserves and resources as of June 30, including 452.3 million ounces of silver and 6.3 million ounces of gold in proven and probable reserves. The company's measured and indicated mineral resources are expected to reach 1,130.6 million ounces of silver and 9.9 million ounces of gold. Pan American Silver operates a diverse portfolio of mines and has demonstrated notable revenue growth and profitability metrics.
Pan American Silver Corp. (PAAS) has reported substantial mineral reserves and resources as of June 30, 2025. The company's proven and probable (P&P) mineral reserves are estimated to contain approximately 452.3 million ounces of silver and 6.3 million ounces of gold [1]. Additionally, the measured and indicated (M&I) mineral resources are expected to reach 1,130.6 million ounces of silver and 9.9 million ounces of gold [2].The company's exploration program at La Colorada has contributed to an estimated 52.7 million ounces of silver in the inferred mineral resource category, primarily in newly discovered high-grade silver zones [2]. Pan American Silver operates a diverse portfolio of mines, including Escobal, La Colorada, Huaron, San Vicente, and Cerro Moro for silver, and Jacobina, Shahuindo, El Peñon, Timmins, and Minera Florida for gold.
The company's senior vice president of exploration and geology, Christopher Emerson, stated, "Our exploration program at La Colorada has enabled us to more than replace production at that mine as well as add 52.7 million ounces of silver in the inferred mineral resource category, mostly in the newly discovered high-grade silver zones reported in the news release dated September 8, 2025." [2]
Pan American Silver's recent acquisition of MAG Silver Corp. has added a 44% joint venture interest in the Juanicipio silver mine in Zacatecas, Mexico, operated by Fresnillo plc, along with MAG's interests in the Deer Trail and Larder exploration projects [2].

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