La Arena II is a copper/gold sulphide deposit located below and adjacent to the gold oxide deposit Pan American is currently mining called La Arena. A preliminary economic assessment (PEA) was released in February 2018 on La Arena II.

La Arena II Cross Section

For more information on our current operation in the area, please visit the La Arena page.

On May 1, 2024, Pan American agreed to sell its 100% interest in La Arena II to a subsidiary of Zijin Mining Group. The transaction is expected to close in Q3 2024. Please see our news release for further information.

Advanced Exploration Project


Technical & Reserve Information

Name and quantity Grade Contained Metal
Name Tonnes
M&I Resources708.70.230.375,3002,637
Inferred Resources68.20.210.24454.6164

As of June 30, 2023. Please see the Company’s reserves and resources page for more detailed information.

* Data is on a consolidated basis for the period ended December 31, 2023. All financial data is stated in U.S. dollars unless otherwise noted. Estimated mineral reserves as of June 30, 2023. For complete mineral reserve and resource information, refer to Mineral Reserves and Resources. Cash Costs and AISC per ounce are a non-GAAP measures; please refer to the Non-GAAP Measures notice.