EX-5.2 5 o10346exv5w2.txt AUDITORS CONSENT -- PRICEWATERHOUSECOOPERS LLP EXHIBIT 5.2 (PRICEWATERHOUSECOOPERS-LOGO) ________________________________________________________________________________ PRICEWATERHOUSECOOPERS LLP CHARTERED ACCOUNTANTS PO Box 82 Royal Trust Tower, Suite 3000 Toronto Dominion Centre Toronto, Ontario July 23, 2003 Canada M5K 1G8 Telephone +1 416 863 1133 Facsimile +1 416 365 8215 Securities and Exchange Commission We refer to the Short Form Base Shelf Prospectus (the "Prospectus") and Form F-10 registration statement under the Securities Act of 1933 (the "Form F-10") filing of Pan American Silver Corp. (the "Company") to be dated JULY 24, 2003 relating to the sale and issue of common shares, debt securities or warrants to purchase common shares or debt securities of the Company or any combination thereof up to an aggregate initial offering price of US$100,000,000, during the 25 month period that the Prospectus remains valid. We consent to the use in the above-mentioned Prospectus and Form F-10 of our report dated September 6, 2002 relating to the following consolidated financial statements of Corner Bay Silver Inc.: o Balance sheets as at June 30, 2002 and 2001; and o Statements of operations and deficit and cash flows for each of the years in the three-year period ended June 30, 2002. We also consent to the reference to our Firm under the heading "Experts" in the Prospectus and Form F-10. Yours very truly, /s/ PricewaterhouseCoopers LLP ---------------------------------------- Chartered Accounts PricewaterhouseCoopers refers to the Canadian firm of PricewaterhouseCoopers LLP and the other member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.