WASHINGTON, DC 20549

                                    FORM 6-K
                        REPORT OF FOREIGN PRIVATE ISSUER
                     PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
                       THE SECURITIES EXCHANGE ACT OF 1934

                         For the month of November, 2002

                           Pan American Silver Corp.
                 (Translation of registrant's name into English)

              1500 - 625 Howe Street, Vancouver, BC V6C 2T6 Canada
                    (Address of principal executive offices)

     Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:

                          Form 20-F [ ] Form 40-F [X]

     Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): [ ]

     Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of
a Form 6-K if submitted solely to provide an attached annual report to security

     Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): [ ]

     Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of
a Form 6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the laws of
the jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.

     Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

     Yes [ ] No [X]

     If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-


          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on behalf by the
undersigned, thereunto duly authorized.

                                       PAN AMERICAN SILVER CORP.

Date: November 15, 2002                By /s/ Rosie Moore
                                       Name:  Rosie Moore
                                       Title: VP Corporate Relations

                                                [Pan American Silver Corp. Logo]

                                                   [Corner Bay Silver Inc. Logo]

November 15, 2002


(Vancouver, British Columbia and Toronto, Ontario) -- Pan American Silver Corp.
(Nasdaq - PAAS; TSX - PAA) and Corner Bay Silver Inc. (TSX - BAY) announce that
they have extended the date for closing of the Plan of Arrangement to merge the
two companies as described in their earlier news release dated June 19, 2002.
The closing date has been extended until December 17th to allow for the
fulfilling of the underlying conditions required to close. The companies are
encouraged by recent progress in Corner Bay's efforts to procure water for the
Alamo Dorado project in Mexico.

                                     - End -

Ross Beaty, Chairman or Rosie Moore, VP Corporate Relations, Pan American,
604-684-1175 Peter Mordaunt, Chairman or Steve Brunelle, Vice President, Corner
Bay, 416-368-6240


Some of the statements in this news release are forward-looking statements, such
as estimates of future production levels, expectations regarding mine production
costs, expected trends in mineral prices and statements that describe Pan
American/Corner Bay's future plans, objectives or goals. Actual results and
developments may differ materially from those contemplated by these statements
depending on such factors as changes in general economic conditions and
financial markets, changes in prices for silver and other metals, technological
and operational hazards in Pan American/Corner Bay's mining and mine development
activities, uncertainties inherent in the calculation of mineral reserves,
mineral resources and metal recoveries, the timing and availability of
financing, governmental and other approvals, political unrest or instability in
countries where Pan American is active, labor relations and other risk factors
listed from time to time in Pan American's Form 40-F and Corner Bay's Form 20-F.

               910-55 UNIVERSITY AVE, TORONTO, ON CANADA M5J 2H7
                       TEL 416.368.6240 FAX 416.368.7141
               1500-625 HOWE STREET, VANCOUVER, BC CANADA V6C 2T6
                       TEL 604.684.1175 FAX 604.684.0147