El Peñon is an underground gold and silver mine, producing doré through a conventional leaching and Merrill-Crowe process.

Average throughput is approximately 3,600 tonnes per day.

  • Ownership
    100%
  • Products
    Gold, Silver
  • Type of Mine
    Underground

Producing Mine

438
koz
Gold Reserves, Proven + Probable*

115.2
Koz
Gold Produced*

3.9
Moz
Silver Produced*

$
1,104
Gold AISC (excl. NRV) Per Ounce*

Exploration Results

Pan American’s exploration strategy is primarily focused on targeted near-mine exploration to replace and grow our mineral reserves and mineral resources.

* Data is on a consolidated basis for the period ended December 31, 2025. All financial data is stated in U.S. dollars unless otherwise noted. Estimated mineral reserves as of June 30, 2026. For complete mineral reserve and resource information, refer to Mineral Reserves and Resources. AISC per ounce excluding net realizable value adjustments (“excl. NRV”) is a non-GAAP measure; please refer to the Non-GAAP Measures notice.