Yamana Gold Inc. provided an exploration update for the Minera Florida, Cerro Moro, El Peñón and Canadian Malartic mines. The exploration program at the Company's Wasamac project has commenced, with plans for 120,000 metres of drilling for 2021 and 2022, including infill drilling of least 68,000 metres to better delineate areas expected to be developed in the first three years of production and 10,000 metres of drilling on the broader Wasamac property, along with drilling on the adjacent Francoeur projects. An update on the Company's generative exploration program that will include initial exploration results at Wasamac will be provided before the end of the month. The Company's exploration program continues to generate promising new discoveries, indicating excellent potential to add new mineral reserves and mineral resources, consistent with the corporate strategy of extending mine life through depletion replacement on an annual basis. In addition, the commitment to near-mine exploration has defined significant new mineralized zones not currently in life of mine plans. Furthermore, drilling results to date support continuous production at current or higher production levels for at least the 10-year period outlined in the Company's previously provided outlook with such production not dependent on exploration successes and, in most cases, between existing mineral inventories and exploration results to date, mine lives at all of the Company's operations are supported for well in excess of that 10-year production outlook period. Drilling in key production sectors of the mine, most notably Don Leopoldo and Fantasma, continues to expand mineralization along strike and down dip. Targets remain open in both directions, underscoring the potential for expansion of the mineral envelope in both sectors. At Don Leopoldo, positive drilling results were obtained in areas that remain open for further growth along strike and down dip. o Highlights include the following estimated true width intercepts: 7.56 grams per tonne ("g/t") of gold, 22.5 g/t of silver, and 1.24% of zinc over 5.99 metres (ALH3262); 6.82 g/t of gold, 13.4 g/t of silver and 1.29% of zinc over 3.02 metres (ALH3253). At Fantasma, positive drilling results were obtained from the northwestern sector of the vein, defining two parallel horizontal high-grade shoots. Highlights include the following estimated true width intercepts: 9.33 g/t of gold, 15.3 g/t of silver and 1.20% of zinc over 2.08 metres (ALH3239); 11.16 g/t of gold, 22.9 g/t of silver and 1.32% of zinc over 2.65 metres (ALH 3289). Exploratory drilling at Minera Florida has generated new discoveries in the core mine area, including VNC and Juan Pablo, providing increased optionality for the mining operation and demonstrating the geological potential in the central Alhue block. The recent discovery of veins such as Cucaracha and Juan Pablo in new areas beyond the eastern and western limits of the central Alhue block, the historic focus of exploration and mining at Minera Florida, underscores the potential for further near-mine discoveries. The robust exploration results at Minera Florida support the plan for production increases at the operation. Expanded the known core mine veins at Cerro Moro with significant drill results, most notably at Zoe and Martina, providing an excellent opportunity for mineral resource growth in the near term, highlighting the continuity and potential of several sectors near current mining operations. At Zoe, positive drilling results show good continuity at depth. High-grade results over the following estimated true widths include: 34.71 g/t of gold and 3,264.5 g/t of silver over 3.47 metres (MD3173); 31.34 g/t of gold and 4,004.4 g/t of silver over 2.94 metres (MD3354). At Martina, drilling has defined the continuity of the main ore shoot generating new areas open to exploration. Highlights include the following estimated true width intercepts: 76.63 g/t of gold and 247.9 g/t of silver over 2.41 metres (MD3228); 84.80 g/t of gold and 69.2 g/t of silver over 2.31 metres (MD3240). Beyond the core mine, drilling at Naty has defined continuous shallow high-grade mineralization with further growth potential at depth. Highlights include the following estimated true width intercepts: 30.68 g/t of gold and 3,824.7 g/t of silver over 10.37 metres (MD3255); 56.27 g/t of gold and 109.7 g/t of silver over 4.29 metres (MD3270); and 102.39 g/t of gold and 1,051.0 g/t of silver over 2.89 metres (MD3271), demonstrating potential for further high-grade mineralization outside of the core mine area. District exploration continues to generate important exploration targets, including an emerging district to the south of Cerro Moro. Initial scout drilling at a number of major structures, including Naty NE, Cassius, Domos La Union, La Henriette, and Casper, have generated encouraging results. Exploration drilling continues to expand mineralization to depths below several producing sectors, most notably Paloma and Pampa Campamento, while a dedicated program targeting continuity of the main production vein systems at depth is advancing and supportive of planned production increases at El Peñón. Drilling at Paloma continues to expand the mineral envelope in multiple sectors, which remain open for further growth. Highlights include the following estimated true width intercepts: 49.50 g/t of gold and 72.5 g/t of silver over 1.70 metres (SIU0028); 20.96 g/t of gold and 72.6 g/t of silver over 1.59 metres (SIU0014). At Pampa Campamento, infill drilling has confirmed the expanding mineral envelope to depth, which remains open for further exploration. Highlights include the following estimated true width intercepts: 33.54 g/t of gold and 68.7 g/t of silver over 0.69 metres (UIP0046); 9.89 g/t of gold and 752.6 g/t of silver over 1.68 metres (UIP0053). Infill drilling at East Gouldie continues to demonstrate strong intercepts and excellent continuity within the defined mineral envelope. Step out drilling to the east also exhibits good expansion potential, providing additional support for the planned Odyssey Underground Project. Exploration drilling collared on the Rand property has cut the East Gouldie structure at depth up to 1,260 metres east of the year-end 2020 mineral resource envelope with significant results in three drill holes. Drilling has also intercepted a new mineralized structure 400 metres south of East Gouldie.