PAAS News & Events

Pan American Silver reports new drill results from the southeastern and eastern Candelaria zones of the La Colorada mine in Zacatecas, Mexico. Exploration drilling between the Cristina and San Geronimo systems has resulted in the discovery of at least four new veins and associated contact-related replacement mineralization featuring wide mineralized intercepts with high silver, gold, and base metal grades. "Exploration at La Colorada continues to deliver exceptional results, highlighted most recently by the discovery of at least four new high-grade veins in the southeastern Candelaria zone," said Christopher Emerson, Senior Vice President of Exploration and Geology. "With silver assays exceeding 1,000 g/t in 40% of the reported drill holes, many with attendant high base-metal and gold grades, the discovered structures indicate the potential to add to the mineral resources at La Colorada, which we look forward to reporting in our mineral reserve and mineral resource update as at June 30, 2026. Importantly, these exploration results further substantiate our revised approach for a phased development plan at La Colorada that targets the higher grade zones of the vein mine and skarn deposit."

Pan American Silver announced that the Toronto Stock Exchange, or TSX, has accepted the Company's notice of its intention to renew its normal course issuer bid to purchase up to 21,090,323 of its common shares, representing up to 5% of Pan American's issued and outstanding shares as at February 28. Purchases pursuant to the Bid will be made on the open market through the facilities of the TSX and the NYSE and alternative trading systems in Canada and the United States. The period of the Bid will begin on March 6 and will continue until March 5, 2027, or an earlier date should the Company complete its purchases. Pan American will pay the market price at the time of acquisition of any common shares in accordance with the rules and policies of the TSX and NYSE and applicable securities laws. All common shares acquired by the Company under the Bid will be cancelled and purchases will be funded out of Pan American's working capital.

Pan American Silver raises quarterly dividend 29% to 18c per share