Day: August 24, 2023

Pan American Silver Reports Mineral Reserves and Mineral Resources as at June 30, 2023

“The addition of the assets from the Yamana transaction has resulted in a significant increase in Pan American’s reserve and resource base,” said Christopher Emerson, Pan American’s Vice President of Exploration and Geology. “Our exploration and geology teams are currently designing the drill programs across the combined portfolio with an emphasis on near site exploration and further resource conversion. Pan American plans to complete over 480,000 metres of drilling in 2023.”

Strong Metallurgical Test Results at El Tigre

Glenn Jessome, President and CEO, stated: “Based on representative samples from the Sulphide, Black Shale and Surface Stockwork Zones, we are pleased to report very high silver, gold and base metal recoveries. For flotation tests of the Sulphide and Black Shale Zones we note tremendous recoveries of 96 to 98% total silver equivalency for the milling process on the underground deposit; and for the open pit heap leach column tests we note that silver equivalency recoveries average above 78%, which represents a high recovery for a low-cost leaching process.”

Prismo Metals Provides Palos Verdes Drilling Update

“The drilling at Palos Verdes this year has been focussed on drilling areas that have not been drilled previously because they were not accessible under our previous environmental permit,” said Craig Gibson, President and CEO of the Company.

Discovery Announces Key Appointments to the Board and Management Team

Tony Makuch, CEO, states: “We are very pleased to welcome such high-calibre industry professionals that significantly strengthen our board and management team. These new additions bring a long and successful track record in the permitting, construction and operation of large-scale mining projects globally with significant experience working in Mexico. This provides Discovery with a strong foundation built on pertinent industry experience to progress Cordero toward development and operations.”

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