Investor Presentaiton
PAN AMERICAN SILVER MINERAL RESERVES
As of June 30, 2022 (1,2)
PROPERTY
LOCATION
TONNES
CLASSIFICATION
AG (G/T)
(MT)
CONTAINED AG
(MOZ)
AU (G/T)
CONTAINED
AU (KOZ)
CONTAINED CU
CU (%)
PB (%)
(KT)
CONTAINED PB
(KT)
ZN (%)
CONTAINED ZN
(KT)
Silver Segment
Huaron
Peru
Proven
7.0
169
38.1
0.54
38.0
1.51
105.6
2.97
208.2
Probable
3.9
167
21.1
0.30
11.8
1.63
64.2
2.97
116.6
Morococha (92.3%) (3)
Peru
Proven
3.3
156
16.6
0.44
14.7
1.31
43.3
3.95
130.7
Probable
3.3
158
16.6
0.32
10.6
1.43
46.5
3.78
123.1
La Colorada
Mexico
Proven
3.8
340
41.5
0.23
27.5
1.13
43.0
2.02
76.6
Probable
6.2
303
59.9
0.18
36.0
1.12
69.1
1.97
121.5
Manantial Espejo
Argentina
Proven
0.3
250
2.4
2.35
22.8
Probable
0.1
246
0.9
3.06
10.8
San Vicente (95%) (3)
Bolivia
Proven
1.1
314
10.8
0.25
2.7
0.29
3.1
3.55
37.9
Probable
0.6
289
5.2
0.25
1.4
0.32
1.8
2.98
16.6
Joaquin
Argentina
Proven
0.1
401
1.6
0.24
1.0
Probable
0.0
575
0.6
0.31
0.3
Escobal
Guatemala
Proven
2.5
486
39.5
0.42
34.2
1.02
25.7
1.75
44.4
Probable
22.1
316
225.0
0.34
243.8
0.77
169.9
1.25
275.7
Total Silver Segment(4)
54.3
275
479.7
0.33
376.3
0.41
79.0
1.06
572.2
2.14
1,151.3
Gold Segment
La Arena
Dolores
Shahuindo
Timmins
Total Gold Segment (4)
Peru
Proven
20.5
0.38
251.4
Probable
21.8
0.27
191.8
Mexico
Proven
12.9
Probable
4.1
Peru
Proven
58.9
Probable
45.3
2886
21
8.6
0.57
235.4
18
2.4
0.60
77.7
15.3
0.51
971.3
8.8
0.41
604.2
Canada
Proven
5.3
2.89
491.0
Probable
4.9
2.74
432.5
יי י י י י י י
173.6
9
35.1
0.58
3,255.2
יייייייי
Proven +
Probable
228.0
91
514.9
0.54
3,631.5
0.41
79.0
1.06
572.2
2.14
1,151.3
Total Gold and Silver
Segments (4)
(1) See table below entitled "Metal price assumptions used to estimate mineral reserves and mineral resources as of June 30, 2022".
(2) Mineral reserve estimates were prepared under the supervision of, or were reviewed by, Christopher Emerson, FAusIMM, Vice President Business Development and Geology, and Martin G. Wafforn,
P.Eng., Senior Vice President Technical Services and Process Optimization, each of whom are Qualified Persons as that term is defined in NI 43-101.
(3) This information represents the portion of mineral reserves attributable to Pan American based on its ownership interest in the operating entity as indicated.
(4) Totals may not add up due to rounding. Total average grades of each element are with respect to those mines that produce the element.
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