07:26 AM EDT, 09/08/2025 (MT Newswires) -- Pan American Silver ( PAAS ) traded 1.2% higher in NYSE pre-market trading at last look after reporting new drill results from its La Colorada mine in Mexico.

The company said the results included multiple high-grade veins that suggest potential for expanding silver mineral resources, extending mine life and improving project economics.

Highlights from the Mariana and NC2 vein systems included 3.66 meters at 3,844 grams per tonne (g/t) silver, 2.30 g/t gold, 4.53% lead and 11.05% zinc, and 11.61 m at 811 g/t silver, 0.86 g/t gold, 8.21% lead and 22.31% zinc.

"Our exploration efforts have identified high-grade intercepts below and along the strike of the known La Colorada vein system, east of the defined mineral resource footprint demonstrating opportunities for further mineral resource expansion," said Christopher Emerson, Pan American's senior vice president of exploration and geology.

Pan American said it will include the results in an updated resource estimate for La Colorada.