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Great Panther Silver Ltd.
Summary
| Project: | Tucano | |
|---|---|---|
| Deposit: | Tucano | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 7/30/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-7-2019: Great Panther Silver Ltd. announces an Exploration/Drilling Update report for its Tucano deposit at the Tucano project. Drilling results incl. 25.50m @ 13.000g/t Au from 129.00m. GREAT PANTHER MINING LIMITED (TSX: GPR; NYSE American: GPL) (“Gre | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Fernando A. Cornejo, Marcelo Batelochi (Internal) | |
| ABSTRACT: | GREAT PANTHER MINING LIMITED (TSX: GPR; NYSE American: GPL) (“Great Panther”, the “Company”) reports that the first results from in-mine exploration since the Company acquired the Tucano Gold Mine on March 5, 2019 are returning high gold grades over notable widths below the existing TAP AB3 (“AB3”) open pit. Results from 10 of the first 12 holes have returned intersections such as 15.35 g/t Au over 13.55 metres, including 30.94 g/t Au over 5.35 metres, in hole 19TABDD001; and 13.00 g/t Au over 25.50 metres, including 63.40 g/t Au over 5.00 metres, in hole 19TABDD010. A summary table of drill results (uncut, undiluted) is presented below and plan maps and sections can be found on the Company website here. “These first results from the in-mine drilling are highly encouraging and are the first step in unlocking the potential that we see at Tucano,” stated Jim Bannantine, President & CEO. “We have already made significant operational improvements and gold production is increasing. Exploration of Tucano is a key focus for Great Panther with the objective of increasing the mine life and ultimately enhancing the economics and with the goal of returning significant value for our shareholders.” | |
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