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Pan American Silver Announces Suspension of Huaron and Morococha Operations in Peru

Mine Development & Operations

Pan American Silver Announces Suspension of Huaron and

Morococha Operations in Peru

VANCOUVER, BC

,

July 20, 2020

/CNW/ -

Pan American Silver Corp.

(NASDAQ: PAAS) (TSX: PAAS) ("Pan American") announced today that it is

moving its Huaron and Morococha operations in

Peru

into care and maintenance in response to several workers at the mines recently testing positive

for COVID-19. Testing and tracing of the COVID-19 virus are part of the comprehensive protocols Pan American has implemented across all of its

operations in response to COVID-19. Reduced workforces will conduct care and maintenance activities at Huaron and Morococha until it is

determined that normal operations can safely resume.

Further information on the health and safety protocols implemented by Pan American in response to COVID-19 is available at:

panamericansilver.com

About Pan American Silver

Pan American owns and operates silver and gold mines located in

Mexico

,

Peru

,

Canada

,

Argentina

and

Bolivia

. We also own the Escobal mine in

Guatemala

that is currently not operating. As the world's second largest primary silver producer with the largest silver reserve base globally, we

provide enhanced exposure to silver in addition to a diversified portfolio of gold producing assets. Pan American has a 26-year history of operating in

Latin America

, earning an industry-leading reputation for corporate social responsibility, operational excellence and prudent financial management.

We are headquartered in

Vancouver, B.C.

and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".

Learn more at panamericansilver.com.

View original content:

http://www.prnewswire.com/news-releases/pan-american-silver-announces-suspension-of-huaron-and-morococha-operations-in-peru-301095912.html

SOURCE

Pan American Silver Corp.

View original content:

http://www.newswire.ca/en/releases/archive/July2020/20/c3987.html

%SEDAR: 00002432E

For further information:

Siren Fisekci, VP, Investor Relations & Corporate Communications, Ph: 604-806-3191, Email: [email protected]

CO: Pan American Silver Corp.

CNW 05:00e 20-JUL-20