Project UpdateMay 7, 2026, 06:10 AM
Pan American Silver Updates La Colorada Resources, Reserves & Skarn PEA
AI Summary
Pan American Silver Corp. filed an NI 43-101 Technical Report for its La Colorada Property in Zacatecas, Mexico. The report provides updated mineral resource and reserve estimates for the La Colorada vein mine as of June 30, 2025. It also includes a revised Preliminary Economic Assessment (PEA) for the La Colorada Skarn Project, envisioning development of new silver resources, higher-grade skarn portions, and a new 15,000 tpd plant. This expansion is anticipated to significantly increase silver production and extend the mine's life.
Key Highlights
- La Colorada vein mine Measured & Indicated mineral resources: 3.0 Mt at 155 g/t Ag (14.8 Moz Ag).
- La Colorada vein mine Inferred mineral resources: 15.3 Mt at 297 g/t Ag (146.5 Moz Ag).
- La Colorada skarn deposit Indicated mineral resources: 265.4 Mt at 36 g/t Ag (308.7 Moz Ag), 1.37% Pb, 2.85% Zn.
- La Colorada skarn deposit Inferred mineral resources: 61.7 Mt at 30 g/t Ag (58.6 Moz Ag), 0.95% Pb, 2.55% Zn.
- La Colorada vein mine Proven & Probable mineral reserves: 9.5 Mt at 297 g/t Ag (90.7 Moz Ag), 1.21% Pb, 2.19% Zn.
- Revised PEA for La Colorada Skarn Project includes a new 15,000 tonnes per day plant.
- Pan American Silver produced over 109 Moz Ag, 172 kt Zn, and 92 kt Pb from 2001-2025.