Pan American Silver Estimates Initial Mineral Resource of 72.5 million tonnes for the La Colorada Skarn Deposit

VANCOUVER, Dec. 11, 2019 /PRNewswire/ – Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American”, or the “Company”) today announces an initial mineral resource estimate for the large polymetallic deposit discovered in 2018 at the Company’s La Colorada mine in Zacatecas, Mexico. The inferred mineral resource totals 72.5 million tonnes, averaging 44 grams per tonne of silver, 0.17% copper, 2.02% lead and 4.40% zinc, assuming a cut off value of US$60 per tonne after accounting for transportation, smelting and refining costs. The deposit remains open in nearly all directions for resource expansions.