PAAS - 6-K (2026-05-07)

Original announcement by sec_edgar on

Company
Pan American Silver Corp.
Ticker
PAAS
Exchange
NASDAQ
Region
Zacatecas, Mexico
Primary commodity
Silver
Secondary commodities
Lead, Zinc, Gold
Document categories
Resource update
Extracted
2026-10-01 01:30:25 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Pan American Silver Corp. has filed a NI 43-101 Technical Report for the La Colorada Mine in Zacatecas, Mexico, effective March 24, 2026. The report includes updated mineral resource and reserve estimates signed off by multiple Qualified Persons.

Reasoning: The document is a formal filing of a NI 43-101 Technical Report for the La Colorada Mine, providing a comprehensive resource update.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Facts used in scoring: 1

Classification and evidence

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The report is explicitly stated to be prepared in accordance with NI 43-101 standards.

Evidence · text

“prepared and disclosed in accordance with Canadian National Instrument 43-101”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Multiple Qualified Persons (P.Eng, FAusIMM, P.Geo) have provided consent for the report.

Evidence · text

“Consent of Martin Wafforn, P.Eng.”

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Resource Estimates (1)

Fact 1La Colorada Mine · silverView all details
Link to this fact

Identity

Project
La Colorada Mine
Commodity
silver
Region
mexico
Reported Region
Zacatecas, Mexico
Ticker
PAAS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Martin Wafforn, Christopher Emerson, Christopher Wright, Americo Delgado, Matthew Andrews
Resource group id
resource:e2ffd8031a79b9054af9

Prior Estimate

Resource Date
2026-03-24

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The technical report provides the basis for the resource update.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Evidence · text

“NI 43-101 Technical Report for the La Colorada Mine, Zacatecas, Mexico dated effective March 24, 2026”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.