Pan American Silver Announces Operations Suspended at Huaron Mine

Pan American Silver Announces Operations Suspended at Huaron Mine

Suite 1440 - 625 Howe St.

Vancouver, BC Canada, V6C 2T6

604-684-1175

www.panamericansilver.com

PAN AMERICAN SILVER CORP .

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Vancouver, B.C. - April 27, 2018 - Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAAS) (“Pan American Silver”, or

the “Company”) today reports operations at its Huaron mine have been suspended since April 24, 2018 as a result

of road blockades instituted by members of the nearby Huayllay community. The community members have

demanded compensation from the Company for alleged impacts to community land, as well as additional service

contracts for construction work, haulage and material supply to the mine. Pan American Silver is actively involved

in discussions with the community members and is engaged in a mediation process being led by the Social Affairs

General Office of the Peruvian Ministry of Energy and Mines. The Company will provide notice once operations at

the Huaron mine have resumed.

About Pan American Silver

Pan American Silver Corp. is the world’s second largest primary silver producer, providing enhanced exposure to

silver through a diversified portfolio of assets, large silver reserves and growing production. We own and operate

six mines in Mexico, Peru, Argentina and Bolivia. Pan American maintains a strong balance sheet, has an

established management team with proven operating expertise, and is committed to responsible development.

Founded in 1994, the Company is headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the

Toronto Stock Exchange under the symbol "PAAS".

For more information, visit: www.panamericansilver.com.

For more information contact:

Siren Fisekci

VP , Investor Relations & Corporate Communications

Ph: 604-806-3191

Email: [email protected]