Pan American Silver Reports Discovery of Multiple High-Grade Silver, Base Metal Zones at La Colorada Mine in Mexico

Pan American Silver Corp. (NYSE:PAAS) is one of the best Canadian stocks to buy now. On September 8, Pan American Silver Corp. reported the discovery of multiple high-grade silver and base metal zones at its La Colorada mine in Zacatecas, Mexico. The results from the exploration program, which drilled ~65,000 metres across 170 holes from November 2024 to June 2025, indicate strong potential for resource expansion and improved economics.

The exploration extended the NC2 and Mariana vein systems eastward. The Mariana vein now has a strike length of ~1,000 metres and a vertical extent over 350 metres, while the NC2 vein system exceeds 2,000 metres on strike with a vertical extent over 500 metres. Significant intercepts highlight the high-grade nature. Furthermore, hole S-10-25 confirmed continuity by intersecting both veins 400 metres east of known mineralization, and identified a new skarn target at depth, 450 metres east of the 903 mineralized body (42.30 m at 48 g/t Ag).

In the southeastern sector, drilling extended the Cristina and San Geronimo vein systems, defining mineralization that spans ~500 metres along strike and 500 metres vertically. Most notably, a new style of high-grade silver and base metal replacement mineralization was discovered at the contact between volcanic and sedimentary rocks in this area, which represents a high-potential exploration target.

Pan American Silver Corp. (NYSE:PAAS) explores, extracts, processes, refines, and reclaims mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. It explores for silver, gold, zinc, lead, and copper deposits.

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Disclosure: None. This article is originally published at Insider Monkey.