About
Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.
Technical & Reserve Information
| Name and quantity | Grade | Contained Metal | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Name | Tonnes (Mt) | Ag (g/t) | Au (g/t) | Pb (%) | Zn (%) | Ag (Moz) | Au (Koz) | Pb (kt) | Zn (kt) |
| P&P Reserves | 9.5 | 297 | 0.21 | 1.21 | 2.19 | 90.7 | 64 | 115 | 208 |
| M&I Resources | 3.0 | 156 | 0.32 | 0.71 | 1.20 | 14.8 | 30 | 21 | 36 |
| Inferred Resources | 15.3 | 297 | 0.27 | 1.93 | 3.39 | 146.5 | 132 | 295 | 520 |
As of June 30, 2025. Please see the Company’s reserves and resources page for more detailed information.
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.
Investor Day 2024 – La Colorada Vein Exploration Update
Exploration results related to La Colorada Skarn
Related Documents & 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, 2025. 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.