Business
Mineros S.A. Completes Acquisition of La Pepa Project, Securing 100% Ownership and Advancing Growth Strategy in Chile
MEDELLIN, Colombia, September 22, 2025--Mineros S.A. (TSX:MSA, MINEROS:CB) ("Mineros" or the "Company"), a leading gold producer in Latin America, is pleased to announce it has completed the acquisition of the remaining 80% interest in the La Pepa Project from Pan American Silver Corp. ("Pan American") for approximately US$40 million. Mineros now holds 100% ownership of this advanced gold exploration project.
About this update from Pan American Silver Corp.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":215,"url":"https://media.zenfs.com/en/business-wire.com/8a769af5afe98a494d8308f8b2a7d47e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/IDy7j6HFXAp9_ujiASdCTw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQzMDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/8a769af5afe98a494d8308f8b2a7d47e","width":480,"height":215}},"lazy":false},{"type":"text","content":"MEDELLIN, Colombia, September 22, 2025--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, MINEROS:CB) ("Mineros" or the "Company"), a leading gold producer in Latin America, is pleased to announce it has completed the acquisition of the remaining 80% interest in the La Pepa Project from Pan American Silver Corp. ("Pan American") for approximately US$40 million. Mineros now holds 100% ownership of this advanced gold exploration project.","length":459,"tagName":"p"},{"type":"text","content":"The La Pepa Project is a significant, exploration-stage asset with a substantial estimated Mineral Resource base, located in the Maricunga Gold Belt of the Atacama Region, Chile, approximately 800 km north of Santiago and 110 km east of Copiapó, at 4,200 metres above sea level in the Andes Mountains. The completion of this transaction terminates the joint venture between Mineros and Pan American and gives Mineros full control over the project’s development path.","length":466,"tagName":"p"},{"type":"text","content":""Securing 100% of the La Pepa Project is a transformative step which adds a second organic growth project in addition to our Porvenir Project in Nicaragua. This will anchor our future as we mature into a mid-tier gold producer," stated David Londoño, President and CEO of Mineros. "This asset delivers a major gold resource and solidifies our strategic presence in the world-class mining jurisdiction of Chile."","length":431,"tagName":"p"},{"type":"text","content":"ABOUT MINEROS S.A.","length":18,"tagName":"p"},{"type":"text","content":"Mineros is a Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua and a pipeline of development and exploration projects throughout the region including the La Pepa Proj...