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Pan American Silver Corp.

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Summary

Project:

Bell Creek Complex

Deposit:Bell Creek Mine
Location:Canada
Commodities:Gold
Date:10/18/2019
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-10-2019: Pan American Silver Corp. announces a Supporting Acquisition report for its Bell Creek Mine deposit at the Bell Creek Complex project. Technical report on property. This Bell Creek Mine Technical Report has been prepared under the supervision
Resources:
CP/QP:[Resources]: Eric Kallio (Lake Shore Gold Corp.)
ABSTRACT:This Bell Creek Mine Technical Report has been prepared under the supervision of Eric Kallio (P. Geo.) and Natasha Vaz (P. Eng, MBA) on behalf of Lake Shore Gold Corp. (LSG) for the Bell Creek Mine and conforms to NI 43‐101 Standards of Disclosure for Mineral Projects. These individuals are considered Qualified Persons (QPs) under 43‐101 definitions. The purpose of this technical report is to provide an update of the total estimated resource pool, current mine infrastructure, the life‐of‐mine plan, and estimated capital and operating costs to substantiate an updated Mineral Reserve estimate for Bell Creek Mine for the measured and indicated resource subset between the 445 metre elevation (445L) and 1165L. The revised mineral resource estimate uses exploration data collected by LSG from underground and surface drilling completed since the previous resource report submitted to SEDAR titled “NI 43‐101 Technical Report, Resource Estimate Update and Prefeasibility Study and Mineral Reserve Estimate for Bell Creek Mine, Hoyle Township, Timmins, Ontario, Canada March 28, 2013, having an effective date of November 1, 2012” and is prepared in accordance with National Instrument 43‐101, Standards and Disclosure for Mineral Projects. The effective date of this report is December 31, 2014.

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