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Pan American Silver announces preliminary 2021 production results

All amounts are expressed in US$ unless otherwise indicated. Results are preliminary and unaudited and could be adjusted based on final results. This news release contains forward-looking information about expected future events and operating performance of Pan American Silver. Readers should refer to the risks and assumptions set out in the "Cautionary Note Regarding Forward-Looking Statements and Information" at the end of this news release.


Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") today announced its preliminary production results for the fourth quarter ("Q4 2021") and full year 2021 ("FY 2021").

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Pan American Silver provides update on the modification of the mining law in Chubut, Argentina

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") reports that, on December 20, 2021 the executive of the Province of Chubut in Argentina issued a decree to the legislature to repeal the legislative bill passed on December 15, 2021 that would have modified the provincial mining law to allow permitting of open pit mining in certain zones in the Departments of Gastre and Telsen.

Pan American Silver owns 100% of the large Navidad silver project, which is located in the north central part of the province. Pan American Silver believes that properly permitted and regulated mining activity with sustainable mining practices, both environmental and social, could benefit the people of Chubut.

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Pan American Silver reports on status of modification to the mining law in Chubut, Argentina

Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") reports that, on December 15, 2021 the legislature of the Province of Chubut in Argentina approved a legislative bill (the "Bill") that would modify the provincial mining law to allow permitting of open pit mining in certain zones in the Departments of Gastre and Telsen, which are defined by a land use sensitivity map. The Bill requires Executive approval and official publication before it becomes law.

Pan American Silver owns 100% of the large Navidad silver project. The Navidad project is located in the north central part of the province and is within the designated zone that would potentially allow permitting of open pit mining. Any mining project, including Navidad , would be required to undergo applicable review processes and apply for permitting under provincial laws.

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