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    Pan American Adds to Silver Reserve Estimate

    Investing News Network
    Feb. 23, 2012 08:56PM PST
    Silver Investing

    Mineweb reported that Pan American Silver (NASDAQ:PAAS) raised its inferred and proven silver reserves to 235.3 million ounces.

    Mineweb reported that Pan American Silver (NASDAQ:PAAS) raised its inferred and proven silver reserves to 235.3 million ounces.

    As quoted in the market news:

    Last year Pan American spent $25.1 million in direct exploration, discovering 29.3 million ounces of new and probable silver mineral reserves, which more than replaced the 24.7 million silver ounces that were mined last year.

    Click here to read the full Mineweb report.

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