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Great Panther Silver Ltd.
Summary
| Project: | Guanajuato Mine Complex | |
|---|---|---|
| Deposit: | Coricancha | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 7/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Active Mining & Production | |
| Report details: | 13-7-2018: Great Panther Silver Ltd. announces a PEA report for its Coricancha deposit at the Guanajuato Mine Complex project. PEA results incl. post-tax NPV of US $16.6M (7.5%), IRR of 81%, 3.75yr LOM at Coricancha. This Item is a brief summary of import | |
| Resources: | (Resource, M+I): 753Kt @ 5.8g/t Au, 200g/t Ag, 2.07% Pb, 3.26% Zn, 0.53% Cu at Coricancha | |
| CP/QP: | [Resources]: Ronald Turner (Golder Associates) | |
| ABSTRACT: | This Item is a brief summary of important information in the Technical Report (TR), including property description and ownership, geology and mineralization, project development, Mineral Resource estimates, mining, infrastructure, environmental, costs, economic analysis, and the qualified person’s conclusions and recommendations. Golder Associates Inc. (Golder) was retained by Great Panther Silver Limited (GPR) as an independent qualified entity to prepare an NI 43-101 TR at a preliminary economic assessment (PEA) level of study for the Coricancha Mine Complex (CMC) located in Huarochirí Province in the Lima Region of Perú. The main Coricancha areas include the Coricancha Mine, Tamboraque Processing Plant, and Chinchan Tailings Storages, which collectively will be referred to as CMC. GPR is a publicly traded company listed on the Toronto Stock Exchange (TSX) and NYSE American, engaged in the exploration, development, and production of mineral properties. GPR is primarily a silver (Ag) - gold (Au) producing company with operating mines in Mexico, including the Guanajuato Mine Complex in the state of Guanajuato and the Topia Ag-Au-lead (Pb)-zinc (Zn) mine located in the state of Durango. GPR acquired CMC from Nyrstar in 2017. | |
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