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Gold/Mining/Energy: Pan American Silver Corp (PAA-T)

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Moderated By: John Fairchild -- (Not Moderated) -- Started: 3/6/1997 12:09:00 AM Revision History

A producer and an active explorer. Good for a look. The Tres Cruce
property, Peru caught my attention. Very nice long ore grade gold
intercepts.
====================================================================
PAN AMERICAN SILVER CORP. - UPDATE

VANCOUVER, March 4 /CNW/ - Pan American Silver Corp. (TSE: PAA; NASDAQ:
PAASF) announces the following:

1. TRES CRUCES DRILLING, PERU: Further drilling results are now
available on exploration of the Company's Tres Cruces property, Peru, from
Oroperu Resources Ltd. which is earning a 50% interest in the property. These
results verify continuation of mineralization around the discovery areas and
indicate the presence of a new zone 1000 metres to the west (drill hole
97-7). Additional drilling is planned in the near future.

Hole Intercept Width Gold Grade
From - To M g/t
--------------------------------------------------------------
97-7 0-42.0 42.0 0.75
69.5-111.0 41.5 0.76
124.5-171.0 46.5 1.68
97.8 55.5-114.0 58.5 1.25
97-10 133.5-141.0 7.5 1.03
147.0-156.0 9.0 0.88
157.5-165.0 7.5 1.28
97-11 55.5-135.0 79.5 2.05
153.0-195.0 42.0 1.43
195.0-201.0 6.0 32.95
(bottom of hole)
97-12 19.5- 31.5 12.0 0.95
40.5- 75.0 34.5 2.25
108.0-127.5 19.5 0.83

2. CHACHACOMIRI, BOLIVIA: Pan American has acquired an option to purchase
100% of this property, subject to a 2% NSR royalty, by spending $500,000 on
the property and paying $85,000 by December 31, 1998. The property is located
in central Bolivia near the world's largest silver deposit at Cerro Rico,
Potosi, and shows similar geology. A surface exploration program is now
underway.

-30-

For further information: Ross J. Beaty or Ray C. Hughes, (604) 684-1175

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Reply	Message Preview	From	Recs	Date
358	Silver Standard and Pan American Silver Announce High Grade Drill Intercepts at	Al Collard	-	11/25/2002 04:50 PM
357	panamericansilver.com	Gary H	-	04/23/2002 03:17 PM
356	Pan American Silver Begins Small-Scale Silver Production And Advances Project Fi	The Vet	-	01/16/2001 12:58 PM
355	Pan American Silver Updates South American Projects JANUARY 15, 2001 - 12:41 EST	The Vet	-	01/16/2001 12:56 PM
354	That was out last week but obviously nobody posted it here. They virtually wrote	The Vet	-	09/27/2000 10:42 AM
353	This just in. The 20% interest seems low. Does anyone have any more information?	James Fraser	-	09/26/2000 09:04 PM
352	AUGUST 31, 2000 - 14:24 EDT Pan American Completes Financing And Begins Constru	The Vet	-	08/31/2000 02:57 PM
351	PAN AMERICAN SILVER CORP. TSE SYMBOL: PAA NASDAQ SYMBOL: PAAS AUGUST 14, 200	The Vet	-	08/14/2000 04:17 PM
350	Pan American Announces Positive Feasibility Results for La Colorada Mine, Mexic	The Vet	-	06/26/2000 02:19 PM
349	12.2 millions fully diluted, 11.5 outstanding.	Claude Cormier	-	05/19/2000 07:42 PM
348	Claude, how many shares of bay are o/s ? thx	after the gold rush	-	05/19/2000 05:49 PM

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