“Our recent drilling from Diluvio West and Marianas confirm that these zones are emerging as important contributors to the future of Mercedes,” commented Stephen McGibbon, Executive Vice-President. “The results of our Q1 program have provided some of the best intercepts realized over the past several years with grades well exceeding current reserves. We look forward to expanding on these now that drilling has been reactivated.”

This document updates and includes one additional table of results previously not stated in the News Release disseminated earlier today.

“We are proceeding with a careful approach to restarting operations, as we work towards restoring full production levels at our operations while protecting the health and safety of our people,” said Michael Steinmann, President and Chief Executive Officer of Pan American. “The COVID-19 pandemic continues to cause hardship in many of the communities near our operations. We are expanding the humanitarian assistance we have been providing from donations of food and medical supplies to include assistance in sanitation efforts and facilitating access to education.”

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “We are excited to have hit what appears to be a very big sulphide system, with our first three holes into a 3200 metre continuous chargeability anomaly. The first three holes into the anomaly are at the outer edge of the anomaly, where it comes closest to the surface. Now we have a geophysical anomaly that has been hit with drill holes that match up perfectly.”