Pan American Goldfields Ltd. Hosting Webinar To Discuss Metallurgical Testing And Updated Mineral Resource Results From Its Cieneguita Project

VANCOUVER, British Columbia, March 21, 2013 /PRNewswire/ --

Pan American Goldfields Ltd. (OTCQB: "MXOM") (the "Company") is hosting a webinar and conference call on Tuesday, March 26, 2013 at 1:15 pm PDT to discuss the metallurgical testing and updated mineral resource reported in its March 13, 2013 news release. Chairman Neil Maedel will be hosting the online meeting. Director and geologist in charge of Cieneguita project development, Gary Parkison, will discuss the latest results and be available to answer questions from shareholders and investors. Interested participants should pre-register using Access Code: 828-427-761 and a phone number for their country listed at: http://www.panamgoldfields.com/s/Calendar.asp or register online at the following link: https://attendee.gotowebinar.com/register/212500762409994496 .

About Pan American Goldfields Ltd. Pan American Goldfields is a precious metals mining and exploration company. Its focus is the production of gold and silver and the development and expansion of its Cieneguita mine in Mexico's booming Sierra Madre gold-silver belt. M3 Engineering & Technology of Tucson is the lead consultant responsible for preparing the PEA study, the results of which are expected to be available during April 2013. A feasibility study is planned to commence immediately following the completion of the PEA.

On behalf of the Board of Directors,

Neil Maedel, Chairman

Safe  Harbor  Disclosure The information in this press release contains forward-looking statements regarding future events or the future financial performance of the Company. Please note that any statements that may be considered forward-looking are based on projections; that any projections involve judgment, and that individual judgments may vary. Moreover, these projections are based only on limited information available to us now, which is subject to change. Although those projections and the factors influencing them will likely change, we are under no obligation to inform you if they do. Actual results may differ substantially from any such forward looking statements as a result of various factors, many of which are beyond our control, including, among others, the timing and outcome of our feasibility study on our Cieneguita Project; the costs and results of our initial production activities on our Cieneguita Project; the future financial and operating performances of our projects; the estimation of mineral resources and the realization of mineral reserves, if any, on our existing and any future projects; the timing of exploration, development, and production activities and estimated future production, if any; estimates related to costs of production, capital, operating and exploration expenditures; requirements for additional capital and our ability to raise additional capital on a timely basis and on acceptable terms; government regulation of mining operations, environmental risks, reclamation and rehabilitation expenses; title disputes or claims against our existing and any future projects; and the future price of gold, silver, or other minerals. These and other factors can be found in our filings with the SEC. The Company undertakes no obligation to release publicly the results of any revision to these forward-looking statements to reflect events or circumstances following the date of this release.

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