Pan American Silver Corp. has released an exploration update highlighting significant discoveries and potential growth across its global mining operations.

The company’s exploration efforts in 2024 have yielded promising results, with Vice President of Exploration Christopher Emerson noting a substantial increase in drill budget to over 450,000 metres for the year.

The exploration program revealed notable achievements across multiple sites.

In Brazil, the Jacobina mine demonstrated exceptional potential, with exploration drilling uncovering high-grade gold mineralisation zones that extend both down-dip and along strike.

Intercepts at the Maricota zone were particularly impressive, including a remarkable 1.42m section grading 116.41 g/t gold.

At the El Peñon mine in Chile, the company discovered high-grade gold and silver deposits, with drilling revealing multiple veins showing significant mineral potential.

The Pampa Campamento area produced exceptional results, including an intercept of 1.05m grading 18.89 g/t gold and 746 g/t silver.

The La Colorada mine in Mexico saw the discovery of 13 new veins in the eastern portion of the property, expanding the high-grade zone.

Notably, the Mariana vein produced an extraordinary intercept of 0.95m grading 9,618 g/t silver, with significant lead and zinc content.

Pan American’s exploration efforts extended to other sites including the Huaron mine in Peru and Minera Florida in Chile, each revealing promising mineral extensions and high-grade zones.

The Whitney Project in Canada also showed strong potential, with the June 30, 2024 mineral resource update indicating 77,900 ounces of gold in the indicated category and 477,700 ounces in the inferred category.

These results underscore Pan American Silver’s commitment to organic growth and continuous exploration, positioning the company for sustained success in the precious metals mining sector.