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Great Panther Mining Ltd.
Summary
| Project: | Tucano | |
|---|---|---|
| Deposit: | Tucano | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 6/23/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 23-6-2020: Great Panther Mining Ltd. announces an Exploration/Drilling Update report for its Tucano deposit at the Tucano project. Drilling results incl. 29.4m @ 15.99g/t Au from 161.6m. Vancouver – June 23, 2020 – Great Panther Mining Limited (TSX: GPR. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Nicholas Winer (Internal) | |
| ABSTRACT: | Vancouver – June 23, 2020 – Great Panther Mining Limited (TSX: GPR. NYSE-A: GPL) (“Great Panther” or “the Company”) announces initial drill results from the 2020 drill program at its wholly owned Tucano gold mine in Brazil. These results are part of an ongoing 55,000 metre, $6.6 million resource definition drill program focused on both near-mine and regional targets. To date, 12,000 metres of drilling have been completed, including 6,000 metres of near-mine diamond and reverse circulation drilling at the Tapereba (TAP) AB1 and AB3 open pits. The ongoing drilling is being conducted with three rigs and results will be incorporated into an updated Resource and Reserve statement due for release in fourth quarter of 2020. Drilling rates are expected to advance as Tucano enters the dry season in July. Highlights of the near-mine drill program include intervals of 29.4 metres grading 15.99 grams per tonne gold (g/t Au) in hole DD018 and 16.7 metres grading 10.96 g/t Au in hole DD009, as outlined in Table 1. A full table of all significant intercepts drilled to date can be found on the Company’s website at www.greatpanther.com/operations/operations-overview/. | |
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