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Great Panther Silver Ltd.
Summary
| Project: | Guanajuato Mine Complex | |
|---|---|---|
| Deposit: | Guanajuato, San Ignacio | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 10/28/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 28-10-2016: Great Panther Silver Ltd. announces a Resource Estimation report for its Guanajuato, San Ignacio deposit at the Guanajuato Mine Complex project. The report was amended October 27, 2016 to add cautionary language to the Geological Potential.. T | |
| Resources: | (Resource, M+I): 510068t @ 181g/t Ag, 2.70g/t Au at the Guanajuato Mine Complex | |
| CP/QP: | [Resources]: Robert F. Brown (Internal) | |
| ABSTRACT: | The report was amended October 27, 2016 to add cautionary language to the Geological Potential (Table 14-17). The purpose of this Technical Report “NI43-101 TECHNICAL REPORT ON THE GUANAJUATO MINE COMPLEX CLAIMS AND MINERAL RESOURCE ESTIMATIONS FOR THE GUANAJUATO MINE, SAN IGNACIO MINE, AND EL HORCON PROJECT” is to support Great Panther Silver Limited’s (GPR) public disclosure related to the Guanajuato Mine Complex (GMC) mineral resource estimates. This Technical Report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and, as GPR is a producing issuer as defined in NI 43-101, this report and the Mineral Resource Estimates for the deposits were completed by company personnel. The Company owns a 100% interest in the claims through Great Panther’s wholly-owned Mexican subsidiary, Minera Mexicana El Rosario SA de CV (MMR). The GMC claims total 29,424.74ha in a number of claim blocks in the Guanajuato Mining District. This report is a new estimate building on former Mineral Resource Estimates for the GMC (Brown, 2015), and the Guanajuato Mine (Brown & Sprigg 2013), San Ignacio Mine (Waldegger & Brown, 2014), and El Horcon Project (Brown, 2013) plus some added information regarding geology and drilling from the Santa Rosa Project area. Presently, the mill at the Guanajuato Mine processes mined mineralization from both the Guanajuato Mine and the San Ignacio Mine. Conceptually, mineralization from the El Horcon project would also be processed at the Guanajuato Mine plant. The Santa Rosa project claims are exploration in nature, but again are easily within trucking distance to the Guanajuato Mine plant for processing. | |
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