Pan American Silver increases silver reserves at the La Colorada mine and files NI 43-101 report for mine expansion on SEDAR

About this update from Pan American Silver Corp.

[{"type":"text","content":"\n\n\n\n\n\nProven and Probable reserves at La Colorada increased by 26% to 81.4 M\n oz Ag\n\n\n(All amounts expressed in US$ unless otherwise indicated)\n\n\nVANCOUVER, Jan. 30, 2014 /CNW/ - Pan American Silver Corp. (\"Pan American\" or the \"Company\") (PAAS: NASDAQ) (PAA: TSX) After another year of successful exploration,\n the La Colorada mine in Zacatecas, Mexico increased its proven and\n probable silver mineral reserves to 81.4 million ounces, an increase of\n 26% compared to the year before. Net of 2013 silver production, the\n mine added an estimated 16.7 million ounces of new silver reserves\n during the year. The updated mineral reserve and resource estimate for\n La Colorada as of December 31, 2013 is as follows:\n\n\n\n\n\n\n\n \n\n\nProven and Probable Reserves(2),(3)\n\n\n\n\nCategory\n\n\nTonnes (Mt)(1)\n\n\nAg g/mt\n\n\nAg (Moz)(1)\n\n\nAu g/mt\n\n\nPb %\n\n\nZn %\n\n\n\n\nProven\n\n\n2.4\n\n\n406\n\n\n31.2\n\n\n0.31\n\n\n1.35\n\n\n2.47\n\n\n\n\nProbable\n\n\n4.1\n\n\n378\n\n\n50.2\n\n\n0.39\n\n\n1.30\n\n\n2.35\n\n\n\n\nTotal Reserves\n\n\n6.5\n\n\n388\n\n\n81.4\n\n\n0.36\n\n\n1.32\n\n\n2.40\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nMeasured and Indicated Resources(2),(3)\n\n\n\n\nCategory\n\n\nTonnes (Mt)(1)\n\n\nAg g/mt\n\n\nAg (Moz)(1)\n\n\nAu g/mt\n\n\nPb %\n\n\nZn %\n\n\n\n\nMeasured\n\n\n0.4\n\n\n164\n\n\n2.2\n\n\n0.15\n\n\n0.40\n\n\n0.65\n\n\n\n\nIndicated\n\n\n1.7\n\n\n255\n\n\n13.8\n\n\n0.29\n\n\n0.51\n\n\n0.83\n\n\n\n\nTotal M&I Resources\n\n\n2.1\n\n\n237\n\n\n16.0\n\n\n0.26\n\n\n0.49\n\n\n0.80\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nInferred Resources(2),(3)\n\n\n\n\nCategory\n\n\nTonnes (Mt)(1)\n\n\nAg g/mt\n\n\nAg (Moz)(1)\n\n\nAu g/mt\n\n\nPb %\n\n\nZn %\n\n\n\n\nTotal Inferred Resources\n\n\n2.9\n\n\n265\n\n\n24.5\n\n\n0.42\n\n\n1.34\n\n\n2.17\n\n\n\n\n\n\n \n\n\n \n\n\n\n\nNotes:   \n\n\n(1) Rounded to the nearest hundred thousand.\n\n\n\n\n \n\n\n(2) Metal prices used: Ag: $22/oz, Au: $1,300/oz, Pb: $1,950/tonne, Cu:\n $6,800/tonne, Zn $1,850/tonne\n\n\n\n\n \n\n\n(3) Mineral reserves and mineral resources have been reported\n separately. Mineral resources do not have demonstrated economic\n viabi...

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