The Spanish exploration in the Americas did not lead to Spanish explorers found a waterway through Central America to the Pacific.
The Spanish were one of the earliest Europeans to get to the Americas and they were able to:
While the Spanish spotted the Pacific Ocean when they searched for gold, they never found a waterway to it through Central America. Instead they had to go around Argentina to get to it.
In conclusion, the Spanish did not find a way to the Pacific ocean across Central America.
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