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Next News! Great Panther GPR
.....Possibbly the next news release will have more following this Great Junior SILVER producer?
Only a few people on board right now....but as more people realize and see SILVER increasing and look for quality Junior SILVER plays.....I believe you will see more!
Great Panther Res Com Npv (TSE:GPR)
Last Price (CAD)
$ 0.345
Change
▼ -0.015 (-4.17%)
Bid 0.34
Ask 0.345
Volume 617,200
Day's Range 0.345 - 0.385
Click for Detailed Quote Page
Last Trade:15:52:08 EST Mar-6-09
Hi Doc Metz, good to see you -
I am sure many do read a lot -
but don't post to often -
Sprott says U.S. at start of depression that will boost PM gold -
silver and with them the base metals will follow the
Mother Au -
history often repeat itself -
http://www.bloomberg.com/apps/news?pid=20601082&sid=ao7hCvQA9QZ0&
Is anyone following this stock besides me and NYBob?
Great Panther Res Com Npv (TSE:GPR)fiat(CAD) $0.38 UP $0.075 (+24.59%)
Bid 0.355
Ask 0.38
Volume 789,535
Day's Range 0.31 - 0.44
Click for Detailed Quote Page
Last Trade:15:59:35 EST Jan-26-09
http://investorshub.advfn.com/boards/board.aspx?board_id=6436
Great Panther Res Com Npv (TSE:GPR)Last Price (CAD) $ 0.28
Change 0.01 (+3.70%)
Bid 0.28
Ask 0.29
Volume 87,800
Day's Range 0.25 - 0.30
Click for Detailed Quote Page
Last Trade:15:50:27 EST Jan-13-09
God Bless
Great Panther Res Com Npv (TSE:GPR)fiat(CAD)$0.305 UP$0.01 (3.39%)
Bid 0.305
Ask 0.315
Volume 99,800
Day's Range 0.30 - 0.325
Click for Detailed Quote Page
Last Trade:15:29:36 EST Jan-8-09
sumisu sill into GREAT PANTHER? -
OT..btw..have to tell you..about one more..
Got Gold CRN -
one of Canada, BC large gold mines..dd..
http://www.crosslakeminerals.com/s/Home.asp
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34562758
--
we had the "Tech Bubble" with lots of margin debt,
then the "Real Estate Bubble" with easy lending,
now the "Treasury Bubble".
How about the "Obama Bubble" with Trillion Dollar Deficit
Spending Inflation -
How does this relate to gold an silver? -
It drives up the price! -
God Bless
Gold and silver info -
http://www.dailypaul.com/node/77111
Posted December 25th, 2008 by SIERRAHPBT
http://www.sprott.com/pdf/investorsdigest/digest.pdf
Got GPR silver - dd --
http://www.greatpanther.com/s/Home.asp
http://www.greatpanther.com/s/Guanajuato_Photos-Maps.asp
God Bless
Great Panther Res Com Npv (TSE:GPR) -
Last Price (CAD) $ 0.235
Change -0.065 (-21.67%)
Bid 0.235
Ask 0.24
Volume 430,100
Day's Range 0.23 - 0.30
Click for Detailed Quote Page
Last Trade:16:15:09 EST Dec-11-08
Great Panther Announces $2,700,000 Financing -
Wednesday December 10, 4:00 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Dec 10, 2008 --
http://biz.yahoo.com/iw/081210/0459510.html
GREAT PANTHER RESOURCES LIMITED -
(Toronto:GPR.TO - News) announces a non-brokered private
placement financing of up to Cdn$2,700,000 consisting of up
to 13,500,000 units at Cdn$0.20 per unit.
Each unit comprises one common share and one-half
non-transferable share purchase warrant.
Each full warrant entitles the holder to acquire, upon
exercise, one additional common share at Cdn$0.35 for
a period of one year.
Finder's fees may be paid on portions of the private placement.
The private placement shares, any shares acquired upon exercise
of the warrants and any securities issued in payment of
finder's fees will be subject to a four-month hold period.
The financing proceeds will be used primarily for additional
working capital at the Company's 100% owned Guanajuato and
Topia Mines in Mexico, and for general working capital
purposes.
The placement is subject to Toronto Stock Exchange approval.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parametres as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2007 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Contacts:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
Great Panther Resources Limited
Don Mosher
(604) 685-6465
(604) 899-4303 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
Source: Great Panther Resources Limited
http://biz.yahoo.com/iw/081210/0459510.html
God Bless
GREAT PANTHER RES COM NPV(Toronto: GPR.TO)$0.3350
Trade Time: 3:57PM ET
Change: Up 0.0650 (24.07%)
Prev Close: 0.27
Open: 0.285
Bid: 0.3300
Ask: 0.3400
1y Target Est: N/A
Day's Range: 0.2500 - 0.3350
52wk Range: 0.18 - 1.72
Volume: 362,138
God Bless
GREAT PANTHER RES COM NPV(Toronto: GPR.TO)
Last Trade: 0.25
Trade Time: Oct 17
Change: Down 0.07 (21.87%)
Prev Close: 0.32
Open: 0.275
Bid: 0.25
Ask: 0.25
1y Target Est: N/A
Day's Range: 0.20 - 0.28
52wk Range: 0.20 - 1.75
Volume: 1,295,582
God Bless
GREAT PANTHER RES COM NPV (Toronto: GPR.TO) Last Trade: $ 1.35
Trade Time: 3:59PM ET
Change: Down 0.09 (6.25%)
God Bless
Great Panther Resources Ltd. (V.GPR) $1.35
0.00 (0.00%)
Volume: 72.88 k
3:59 PM EDT Mar 28, 2008
GPR mentioned in penny mining stocks. I don't know anything about this website to know if it is a spammer or not.
http://www.pennyminingstocks.com/news.html
The last few news releases.........
.....BEEN GREAT!.....Silver heading higher and GPR making GREAT progress.
More Drilling results - On delayed quotes GPR up to 1.20
Great Panther Extends High Grade Silver-Gold to 600 Metre Depth at Guanajuato With Drill Intersection of 5,773 g/t Ag and 15.45 g/t Au
VANCOUVER, BRITISH COLUMBIA, Feb 26, 2008 (Marketwire via COMTEX News Network) --
GREAT PANTHER RESOURCES LIMITED (TSX:GPR) is pleased to announce that further deep diamond drilling results from core drill-holes EUG07-002 to 007 at the Company's wholly-owned Guanajuato Mine in Guanajuato, Mexico has confirmed the extension of high grade gold and silver mineralization to a depth of approximately 600 metres. This is 170 metres below the current lowest workings and highlights the potential for a major continuation of this world class orebody. Given the historical production of approximately one billion ounces of silver from the upper 400 metres of this deposit, the possibility of extending it by at least another 50% has major implications.
The six holes reported herein, plus the first hole reported in November 2007, were all drilled from the same underground drill site on the 345 level. They tested the down dip continuity, as well as the northwestern limit of the steeply southeast plunging Cata Clavo high grade ore shoot. Seven sub parallel zones of economic grade have been intersected in the drilling, and are named the Hanging Wall 1 (HW 1), Contact, Madre 1 through 4, and Footwall 1 (FW 1). The hanging wall rocks are intrusive diorite in contact with footwall argillites. The contact zone is located close to the diorite-argillite contact while the Madre 1-4 and FW-1 zones are within the argillite. All zones contain pyrite and argentite (silver sulphide), and are hosted within a package of intense silicification, brecciation, and quartz vein flooding up to 60 metres in thickness. The zones vary in thickness and grade from hole to hole but most are present in every hole.
The shallowest holes (EUG07-004 and 005) intersected the mineralized zones immediately under the 417 level, while EUG07-001, 006 and 007 tested the zones 60-70 metres down dip of the 417 level, and EUG07-002 tested the zones 200 metres down dip (-600 level). Hole EU07-003 was stopped prior to reaching the mineralized zones due to a temporary change in priorities but will be completed at a later date. The 417 level was the deepest level of previous mine workings, while current mining on the 430 level is the deepest exploitation in this part of the Guanajuato Mine Complex.
Hole EUG07-004 intersected 683g/t silver and 3.12g/t gold over 1.96 metres in the Contact zone, 1,033g/t silver and 2.88g/t gold over 1.47 metres in the Madre 1 zone and 329g/t silver and 0.92g/t gold over 8.38 metres in a composite of the Madre 2, 3, and 4 zones. At the same elevation, but further northwest, EUG07-005 intersected 1,810g/t silver and 20.6g/t gold over 0.26 metres in the Contact zone, and 203g/t silver and 0.82g/t gold over 5.05 metres in the Madre 2 zone.
The intermediate depth holes include EUG07-001 which was previously reported (November 29, 2007) as containing an Upper Zone (now interpreted as the Contact Zone) of 279 g/t silver and 1.01 g/t gold over 3.63 metres, including a core of 0.55 metres assaying 1,250 g/t silver and 4.47 g/t gold, and a Lower (Madre 2) Zone that returned 609 g/t silver and 1.91 g/t gold over 3.24 metres, including 1.25 metres of 1,010 g/t silver and 2.97 g/t gold. EUG07-001 was drilled to test an area below the 417 level in the Cata Clavo, with the upper zone being 40 metres, and the lower zone 65 metres vertically below the 417 level, respectively. EUG07-007 was drilled to the northwest and intersected 1.56 metres grading 324g/t silver and 1.2g/t gold in the Madre 1 zone and 1.74 metres grading 165g/t silver and 0.5g/t gold in the Madre 2 zone. EUG07-006 drilled farther to the northwest intersected the various zones but with low grades, and likely reflects the northwest limits of the Cata Clavo ore shoot. Drilling is continuing to the southeast.
The deepest hole in this series is EUG07-002, which intersected all seven zones near the interpreted northwestern edge of the Cata Clavo oreshoot, and was highlighted by a one metre intersection grading 5,773g/t silver and 15.45g/t gold in the HW 1 zone. This intersection lies at an approximate depth of 600 metres, 170 metres vertically below the current mine workings and 240 metres down-dip. This opens up a very large area at depth for resource development and exploitation.
The validation of the widely spaced and poorly sampled historical drill holes is important in that 1) those holes indicated a strike length of approximately 300 metres for the Cata mineralization, 2) similar results were obtained below the Rayas and Valenciana Mine and 3) most of the 4.2 kilometre strike length of the Great Panther property has not been explored to depth.
Highlights of drill hole intersections:
---------------------------------------------------------------------------
True
From To Width Width Silver Gold
Hole # (m) (m) (m) (m) g/t g/t Zone
---------------------------------------------------------------------------
EUG07-001(i) 132.83 136.46 3.63 3.29 279 1.01 Contact
---------------------------------------------------------------------------
including(i) 135.15 135.70 0.55 0.50 1,250 4.47
---------------------------------------------------------------------------
156.16 159.40 3.24 2.94 609 1.91 Madre 2
---------------------------------------------------------------------------
including(i) 158.15 159.40 1.25 1.13 1,010 2.97
---------------------------------------------------------------------------
EUG07-002 190.77 191.77 1.00 0.57 5,773 15.45 HW 1
---------------------------------------------------------------------------
EUG07-003 incomplete
---------------------------------------------------------------------------
EUG07-004 106.86 108.82 1.96 1.96 683 3.12 Contact
---------------------------------------------------------------------------
121.96 122.66 0.70 0.70 1,168 5.12 Madre 1
---------------------------------------------------------------------------
135.28 143.66 8.38 8.38 329 0.92 Composite
---------------------------------------------------------------------------
including 135.28 136.75 1.47 1.47 1,033 2.88 Madre 2
---------------------------------------------------------------------------
and 138.46 140.17 1.71 1.71 179 0.51 Madre 3
---------------------------------------------------------------------------
and 142.46 143.66 1.20 1.20 622 1.52 Madre 4
---------------------------------------------------------------------------
EUG07-005 102.32 102.58 0.26 0.24 145 0.37 HW 1
---------------------------------------------------------------------------
109.00 109.26 0.26 0.24 1,810 20.60 Contact
---------------------------------------------------------------------------
117.75 118.23 0.48 0.45 485 1.93 Madre 1
---------------------------------------------------------------------------
126.03 131.10 5.07 4.77 203 0.82 Madre 2
---------------------------------------------------------------------------
including 126.03 127.75 1.72 1.62 324 1.16 Madre 2
---------------------------------------------------------------------------
EUG07-006 188.78 189.13 0.35 0.27 421 0.18 FW 1
---------------------------------------------------------------------------
EUG07-007 105.72 105.92 0.20 0.17 210 1.17 HW 1
---------------------------------------------------------------------------
EUG07-007 141.24 142.80 1.56 1.36 324 1.20 Madre 1
---------------------------------------------------------------------------
EUG07-007 148.76 150.50 1.74 1.51 165 0.50 Madre 2
---------------------------------------------------------------------------
EUG07-007 191.01 191.60 0.59 0.51 134 0.46 FW 1
---------------------------------------------------------------------------
(i)previously reported.
A longitudinal section and cross sections of the drill holes can be viewed on the Company's website at www.greatpanther.com. Drilling is continuing from the second of six underground sites located 50 metres along strike to the southeast of the first site. Following the deep drilling at Cata, Great Panther will continue to test the area to the southeast, towards and below the Rayas shaft and under the historically high grade Rayas Clavo, which contained strong gold-silver mineralization down to the 450 metre level in previous workings.
This ongoing program, now budgeted at 16,000 metres in 68 holes, will ultimately test an area between the 400 and 650 metre levels (dip length of 350 metres) along a strike length of 1,000 metres. Results will be released on a regular basis. Mining development on the 430 metre level of the Cata Clavo is continuing and the ramp will be extended to lower levels of the Cata Mine area.
Samples were assayed by SGS at the Company's Guanajuato Mine site laboratory and diamond drilling was contracted to Canrock Drilling, of San Luis de Potosi. Robert F. Brown, P. Eng and Vice President of Exploration for the Company, is the Qualified Person for the Guanajuato Mine Project, under the meaning of NI43-101, and has reviewed these results. The Company's QA/QC program includes the regular insertion of blanks, duplicates and standards into the sample shipments, plus ISO certified laboratory checks.
Great Panther owns a 100% interest in the Guanajuato Mine Complex. Historically, the Guanajuato Mine was one of the largest silver producers in Mexico and encompasses the core of the Guanajuato District, which has produced 1.2 billion ounces of silver and 4.5 million ounces gold.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
That is Great news....for GREAT PANTHER......
.....Thier last news release a few weeks back was pretty impressive.....now this news is added!.....GPR is a quality looking Junior to me at a dollar......looks like a bit of Gold in the mix.
News
Great Panther Extends Silver-Gold-Lead-Zinc Veins at the Topia Mine
VANCOUVER, BRITISH COLUMBIA, Feb 19, 2008 (MARKET WIRE via COMTEX News Network) --
GREAT PANTHER RESOURCES LIMITED (TSX: GPR) is pleased to announce that ongoing drilling from surface and underground at the Company's 100% owned Topia Mine in Durango, Mexico continues to extend high grade silver, gold, lead and zinc mineralization along strike and to depth on several of the veins that are currently being mined.
Surface drilling throughout the last two quarters of 2007 tested the down-dip and strike extensions of six veins. Highlights include down dip drilling on the Cantarranas vein, in hole ST07-061, which intersected 1,950g/t silver, 1.7g/t gold, 2.7% lead, and 3.01% zinc over 0.35 metres; and the strike extension of the Madre vein, in hole ST07-044, which intersected 502g/t silver, 3.78g/t gold, 3.91% lead, and 5.47% zinc over 0.40 metres.
Underground drilling in the 4th quarter of 2007 focused on the re-discovered Don Benito vein and was highlighted by an intersection of 749g/t silver, 5.67g/t gold, 3.71% lead and 4.96% zinc over 1.27 metres, in hole UT07-011, including a higher grade portion of 1,400g/t silver, 6.84g/t gold, 4.54% lead and 3.43% zinc over 0.55 metres. Holes UT07-010 to 013 (results compiled in table below) were all drilled from the same site along the Dos Amigos ramp area at approximately the 1500 level in a fan section, and intersected both the La Dura and the Don Benito veins (see maps on the company website at www.greatpanther.com). (Note: Mine levels are named according to their elevation above mean sea level and the town of Topia sits at an elevation of 1650 metres, such that most mine levels are accessed via adits from the sides of the mountains).
Highlights of recent underground drilling:
-----------------------------------------------------------------------
---
True
From To Width Width Ag Au Pb Zn
Drill Hole (m) (m) (m) (m) Vein g/t g/t % %
--------------------------------------------------------------------------
UT07-010 9.80 9.95 0.15 0.15 La Dura 97 2.75 1.94 8.05
13.60 13.75 0.15 0.15 La Dura 406 2.19 11.5 28.6
67.03 67.90 0.87 0.83 Don Benito 35 1.39 0.12 0.81
UT07-011 34.32 35.59 1.27 1.04 Don Benito 749 5.67 3.71 4.96
including 35.04 35.59 0.55 0.45 Don Benito 1,400 6.84 4.54 3.43
UT07-012 6.70 7.07 0.37 0.21 La Dura 270 1.63 6.70 7.46
46.77 47.43 0.66 0.38 Don Benito 222 2.80 1.14 2.04
UT07-013 9.87 10.02 0.15 0.09 La Dura 175 1.48 4.08 8.42
39.60 39.95 0.35 0.20 Don Benito 769 10.10 6.65 4.25
--------------------------------------------------------------------------
Underground development on the Don Benito vein, accessed from La Dura level 1585, has opened 70 metres of continuous vein. Development to the east along 40 metres of strike returned 276g/t silver, 0.39g/t gold, 4.32% lead, and 2.69% zinc with an average width of 0.61 metres. Development to the west along 28 metres of strike returned 105g/t silver, 0.82g/t gold, 0.84% lead, and 2.48% zinc over an average width of 0.49 metres. Development along the vein is continuing.
From a review of historic maps, and re-mapping of old workings, the Don Benito vein is open from the 1585 level upward to at least the 1700 level and, considering the recent underground drilling along Don Benito from the 1500 level, it is open downwards to at least the 1450 level. This implies a vertical extent of at least 250 metres. The known strike extent of Don Benito is approximately 300-350 metres. Underground drilling is continuing on the 1500 level, and this month several surface drill holes will test the Don Benito vein between the 1585 and 1700 levels.
Underground development and exploitation is presently taking place on eight mineralized vein structures on the Topia Mine property. This includes initial development along the Don Benito vein, continued development along the Recompensa, Argentina, Madre, Cantarranas, La Dura, and Animas veins and commencement of development along the San Gregorio vein.
Surface drilling during the second half of 2007 tested the dip and strike extent of the Madre, La Dura, Animas, Cantarranas, and Oliva veins. During 2007 a total of 33 surface holes were completed totaling 7,422 metres. All of the surface and underground holes presented herein will be included in the new resource report being prepared by Wardrop Engineering and expected in March.
In the eastern portion of the Perla area, on the Madre vein, five surface holes were completed to test the dip and strike extension of mineralization towards the Carrizo fault. Drill hole ST07-044 intersected 502g/t silver, 3.78g/t gold, 3.91% lead, and 5.47% zinc over 0.40 metres, while ST07-040 intersected 149g/t silver, 5.08g/t gold, 2.6% lead and 0.8% zinc over 0.6 metres. The deeper holes, ST07-045 to 047, intersected the Madre vein but with modest gold and lower silver, lead and zinc values.
The down dip extension of the Cantarranas vein was tested in the Jicara area. Two holes were drilled with ST07-061 intersecting 1,950g/t silver, 1.7g/t gold, 2.7% lead, and 3.01% zinc over 0.35 metres, while the more easterly ST07-062 intersected an old stope. Further drilling is planned for 2008 as access is facilitated by the use of a short ramp from existing infrastructure.
Three holes were drilled to test the down dip extension of the La Dura vein below the 1585 level. The drill holes reflect the grade of the underground development in this area, with the best results from ST07-042, which returned 307g/t silver, 1.88g/t gold, 0.13% lead, and 0.48% zinc over 0.3 metres.
Further west along the La Dura vein, in the Dos Amigos area, holes ST07-056 & 057 intersected the La Dura vein at about the 1400 level, and also discovered a new vein named the La Dura Alta. The best results are from ST07-057 where the La Dura Alta vein returned 1,040g/t silver, 2.27g/t gold, 0.3% lead, and 0.5% zinc over 0.2 metres, and the La Dura vein returned 39g/t silver, 5.25g/t gold, 0.3% lead, and 0.35% zinc over 0.35 metres. Underground development and exploitation in this area is ongoing from the 1420 level and 1500 level ramp.
Both the surface and underground drilling in the western part of the Topia District continue to demonstrate higher gold grades in addition to silver, lead and zinc. Given the typically narrow veins at Topia, the higher gold content makes a significant contribution to the value of the mineralization.
Highlights of the recent surface drilling are summarized in the table below and a plan map of veins and mine areas can be found on the Company website. Presently the surface drilling is testing both the Santa Cruz and Argentina veins in the northern part of the district and underground development is also continuing in this area. Following this, the surface drill will test the Cantarranas vein in the Jicara area, following up on ST07-061, and will further test the Don Benito vein. Results of this drilling will be reported when assay data is compiled.
Highlights of recent surface drilling:
-----------------------------------------------------------------------
---
True
From To Width Width Ag Au Pb Zn
Drill Hole (m) (m) (m) (m) Vein g/t g/t % %
--------------------------------------------------------------------------
ST07-040 80.60 81.20 0.60 0.20 Madre 149 5.08 2.60 0.80
ST07-042 154.50 154.80 0.30 0.17 La Dura 307 1.88 0.13 0.48
ST07-043 166.50 168.12 1.62 0.92 La Dura 179 1.12 0.13 0.12
including 167.68 168.12 0.44 0.25 La Dura 371 0.55 0.06 0.02
ST07-044 182.45 182.85 0.40 0.26 Madre 502 3.78 3.91 5.47
ST07-047 182.50 183.51 1.01 0.20 Madre 22 3.93 0.14 1.10
ST07-050 67.68 68.03 0.35 0.20 Animas 114 2.58 0.40 0.74
ST07-056 82.00 82.20 0.20 0.16 La Dura Alta 111 2.79 0.30 0.50
ST07-057 105.10 105.30 0.20 0.14 La Dura Alta 1,040 2.27 0.30 0.50
204.85 205.20 0.35 0.25 La Dura 39 5.25 0.30 0.35
ST07-059 366.07 367.10 1.03 0.84 Cantarranas 118 1.14 0.07 0.23
ST07-061 202.45 202.80 0.35 0.18 Catarranas 1,950 1.70 2.70 3.01
--------------------------------------------------------------------------
Both the surface and underground drilling have been contracted to BDW Drilling of Guadalajara, Mexico. Analysis of the aforementioned drill core was performed by SGS Minerals Services, in their Durango, Mexico facilities. The Company's QA/QC program includes the regular insertion of blanks, duplicates and standards into the sample shipments. Aspects of the Topia Mine relating to mining and metallurgy are overseen by Charles Brown, Chief Operating Officer for Great Panther and its wholly owned Mexican subsidiary, Minera Mexicana El Rosario, S.A. de C.V. (MMR). Robert F. Brown, P.Eng. and Vice-President of Exploration for Great Panther and MMR is designated as the Qualified Person for the Topia Mine Project under the meaning of NI 43-101, and has reviewed this news release.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contacts: Great Panther Resources Limited Brad Aelicks (604) 685-6465 Great Panther Resources Limited Don Mosher (604) 685-6465 (604) 899-4303 (FAX) Email info@greatpanther.com Website: www.greatpanther.com
SOURCE: Great Panther Resources Limited
mailto:info@greatpanther.com http://www.greatpanther.com
Copyright 2008 Market Wire, All rights reserved.
News - VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jan 28, 2008 --
GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News)(the "Company") reports that both of its 100% owned Mexican mines saw major turnarounds in the fourth quarter to end 2007 with several new production records. Operational highlights include:
http://biz.yahoo.com/iw/080128/0353709.html
GREAT PANTHER RES COM NPV (GPR.TO) -
http://finance.yahoo.com/q?s=gpr.to
Great Panther Resources Ltd. (V.GPR) $ 0.87
0.00 (0.00%) Volume: 140.79 k
3:04 PM EST Feb 7, 2008
Great Panther Resources Ltd. (V.GPR) $ 0.87
0.00 (0.00%) Volume: 0
3:57 PM EST Feb 6, 2008
GREAT PANTHER hits new 52 week low...........
......Not good......that old low was pretty....but this new low is not a good thing......until the company shows some real results instead of putting out news like the last one.....GPR is sidelines!!!
GREAT PANTHER sidelined @ a dollar.............
......Maybe it is time to re-think about Great Panther.....the trend is too down right now......SILVER up and this is a dollar.....is it time to cut losses?
FROM THE COMPANY'S WEBPAGE
Great Panther's mission is to become a leading primary silver producer by acquiring, developing and profitably mining precious metals in Mexico. We are committed to conducting ourselves with fairness and integrity, and managing all business activities in an environmentally responsible and cost-effective manner, while contributing to the well-being of the communities in which we live and work.
Great Panther building slowly/steadily.............
......It looks as if things are proceeding slow but sure......I believe that SILVER is headed towards $33 over the next few years and if so......GREAT PANTHER should be stock of multiple proportions......What is there objective?.....Is it to become a major SILVER producer?
Great Panther Provides Update on Resource Estimates
Tuesday January 15, 12:45 pm ET
http://biz.yahoo.com/iw/080115/0348721.html
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jan 15, 2008 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) wishes to provide the following update on the NI 43-101 resource estimates being prepared for the Company by Wardrop Engineering (Wardrop) of Vancouver, B.C.
Wardrop has now delivered preliminary numbers for an updated NI 43-101 compliant resource estimate for the La Gloria and Las Palmitas Zones on the Mapimi Project in northeastern Durango State, Mexico. The new estimate includes the twenty-nine core holes, representing 6,298 metres, completed during Great Panther's Phase I drilling program in the first half of 2007. In the current estimate, Wardrop has used different parameters than in the previous resource, estimated in 2006 from the 1997-98 reverse circulation and core drilling of Coeur d'Alene Mines Corp., and has changed portions of the geological interpretation. As such, the Company is reviewing the new estimate with Wardrop personnel. It is anticipated that this process could take several weeks.
The resource update for the Topia Mine will include certain drilling and underground sampling by Great Panther conducted since the 2006 resource estimate but will need to account for any material mined out of the 2006 resource. Wardrop has informed the Company that the new estimate is now expected in late February / early March.
In addition, a second drill is being added to the deep underground drilling program at Great Panther's Guanajuato Mine, where initial drilling and underground development have encountered strong silver-gold mineralization. The second drill will speed up the delineation of a new deep resource where there has been no previous mining. It is the Company's objective to have the first NI 43-101 resource estimate for this area by the end of 2008.
Robert F. Brown, P.Eng. and Vice-President of Exploration for Great Panther and its wholly owned subsidiary, Minera Mexicana El Rosario, S.A. de C.V., is designated as the Qualified Person for the Mapimi Project, and the Topia and Guanajuato Mines under the meaning of NI 43-101 and has reviewed this news release.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Contacts:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
Great Panther Resources Limited
Don Mosher
(604) 685-6465
(604) 899-4303 (FAX)
Email: info@greatpanther.com
--------------------------------------------------------------------------------
Source: Great Panther Resources Limited
Hello HJH.....Re: GREAT PANTHER RESOURCES.....
........Hopefully the message board picks up a bit.....and hopefully Great Panther releases some news soon that sparks more interest.....great to have you here.....what projections do you have for SILVER in mid/longterm and for GPR?
Thanks for posting about GPR on Junior Miners board. Now all 5 of us can chat. Pretty amazing how little interest there is in GPR. I've had GPR for over a year now. With silver hitting $16, I think all of the quality junior miners will start to pick up interest. Watch the boardmarks grow - I was boardmark number 5.
GREAT PANTHER is now on TSX.............
......This message board is still quiet but I wonder for how long......with the price of SILVER trending higher and news just around the corner for GREAT PANTHER RESOURCES......come one and all.......Can GPR do a double before end of 2008?........Could GPR even triple from $1.30 before end of 2008?.......It is January 10th.....let the ride begin!!!
Why nobody here?....GREAT PANTHER looks ready......
........after reviewing many different silver stocks, charts, etc....Great Panther appears finally ready to head higher....expecting some news very soon, chart looks ready to go and SILVER going to be gaining ground in 2008. 2008 should be a great year for quality silver explorers/producers.
Great Panther Resources Limited: Diamond Drilling Commences on the San Antonio Project, Chihuahua
Tuesday November 13, 12:05 pm ET
http://biz.yahoo.com/iw/071113/0328072.html
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Nov 13, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce that diamond drilling has commenced on the San Antonio project in southern Chihuahua State, Mexico. The program will comprise a minimum of 1,500 metres in 9 holes and will test a district scale epithermal system that has been identified on the 11,946 hectare property. The San Antonio gold-copper project is under option to Altair Ventures Incorporated (CDNX:AVX.V - News) who is funding the program in order to earn a 70% interest. Great Panther is the operator.
Previous exploration and drilling (2004 to 2006) by Great Panther on the San Antonio project led to the recognition of the district scale potential of the mineralization here. Exploration in 2007, funded by Altair Ventures, has provided further details of a vertically-zoned, 12-kilometre long system of mineralization and alteration that appears to be gold-copper rich near the base, grading to silver-gold-lead-zinc in the upper portions.
Mapping and sampling this year have identified five primary areas of alteration / mineralization: 1) the Breccia Gossan Zone (bulk tonnage, high sulphidation epithermal gold-copper system), 2) the San Cayetano Zone (low sulphidation quartz-barite-galena-sphalerite-pyrite, silver-gold vein), 3) the San Cayetano South Zone (low sulphidation quartz-galena-sphalerite-pyrite, silver-gold vein), 4) the La Gringa Zone (low sulphidation quartz-galena-sphalerite-pyrite, silver-gold vein) and 5) the La Gringa North Zone (low sulphidation quartz-galena-sphalerite-pyrite, gold-silver vein).
The Breccia Gossan Zone is a 2,000 by 800 metre area of intense silica and clay alteration interpreted to represent the middle to lower level of the mineralizing system at San Antonio, while the vein style mineralization in the other zones is thought to reflect the upper portions of the system. The focus of the present diamond drilling program is to evaluate these five key areas on the project and determine how they are related.
A review of surface chip channel sampling in these areas from 2004/5 and 2007 includes 1.5 metres @ 7.5g/t gold, 11g/t silver; 0.3 metres @ 300g/t silver, 0.47% lead and 3.62% zinc; and 1.2 metres @ 268g/t silver, 0.29% lead, and 1.22% zinc, all from the San Cayetano South Zone. From the La Gringa North Zone, results from surface include 1.5 metres @ 0.19g/t gold, 289g/t silver, 0.51% lead, and 0.76% zinc; and 3.0 metres @ 0.99g/t gold, 23g/t silver, 0.26% lead, and 0.18% zinc. The San Cayetano Zone returned values of 1.0 metre @ 538g/t silver and 0.24% lead; and 1.2 metres @ 109g/t silver, 0.99% lead, and 0.35% zinc. Further details and a map of the project can be found on the Great Panther website at www.greatpanther.com.
The San Antonio property is located in the Sierra Madre Belt, 80 kilometres NNW of the Guadalupe y Calvo Mining District, which has historically produced more than 2 million ounces of gold, and 80 kilometres SSE of the Batopilas area which hosts Goldcorp's El Sauzal Mine, (2006 proven and probable reserve of 1.7 million ounces gold). Great Panther and Altair Ventures are exploring a previously unrecognized, 3 by 17 kilometre "window" of Tertiary Lower Series volcanic rocks containing epithermal gold-copper-silver-lead-zinc mineralization that has never been explored by modern methods.
The drilling program is being supervised in the field by Resource Geosciences Mexico of Hermosillo, Sonora. All rock samples are sent to SGS Labs in Durango for analyses. Core drilling is being conducted by BDW Drilling of Guadalajara, Mexico. Robert F. Brown, P.Eng. and Vice-President of Exploration for Great Panther and its wholly owned subsidiary, Minera Mexicana El Rosario, S.A. de C.V., is designated as the Qualified Person for the San Antonio Project under the meaning of NI 43-101 and has reviewed this news release.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Contacts:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
Great Panther Resources Limited
Don Mosher
(604) 685-6465
(604) 899-4303 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
--------------------------------------------------------------------------------
Source: Great Panther Resources Limited
Great Panther Commences Phase II Drilling Program on Mapimi Silver-Lead-Zinc Property
Thursday November 1, 1:14 pm ET
http://biz.yahoo.com/iw/071101/0323130.html
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Nov 1, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce that a 5,000 metre Phase II diamond drilling program has commenced on the Company's Mapimi Project in northeastern Durango State, Mexico. The Phase II drilling will include several fill-in holes on the La Gloria zone, for resource estimation purposes, as well as initial testing of two coincident geological, geochemical, and geophysical anomalies, namely the Central (Bulls Eye) and North Zones. Wardrop Engineering is presently conducting an updated NI 43-101 mineral resource estimation, expected to be completed in December 2007.
Great Panther completed twenty-nine core holes, representing 6,298 metres, during the Phase I drilling program and all were focused on the La Gloria zone in an effort to confirm, expand, and better delineate previous reverse circulation and core drilling of Coeur d'Alene Mines Corp., completed in 1997-98. Data from Coeur's drilling was used by Wardrop Engineering to estimate the current NI 43-101 Inferred Mineral Resource on the La Gloria and Las Palmitas Zones (Great Panther news release September 18, 2006), of 22.3 million ounces of silver equivalent (Ag Eq), contained in 4,969,800 tonnes at a grade of 59 g/t Ag, 0.13 g/t Au, 0.81% Pb and 1.31% Zn (139 g/t Ag Eq).
Following up on an early spring 2007 airborne geophysical program, 103 kilometres of grid were cut and surveyed with induced polarization (I.P.) geophysics. As reported in Great Panther news release dated September 14, 2007, the results of the geophysics indicated that the La Gloria zone sits at the southern tip of a 2,000 metre long, by up to 800 metre wide northeast - southwest oriented I.P. anomaly. A second, more northerly, I.P. anomaly with a length of 1,000 metres, width up to 700 metres and oriented northwest - southeast was also delineated (see maps on Great Panther's web-site at www.greatpanther.com). A program of soil geochemistry, rock sampling, and geological mapping is presently being completed in the grid area, and results are being used to define targets for drill testing.
The North Zone is characterized by a strong chargeability anomaly, coincident with the contact between rhyolite and the calcareous sediments of the Caracol Formation, as well as the contact between rhyolite and the Aurora Limestone. Adjacent to the chargeability anomaly are a number of historic pits and adits, exposing waste rock containing mineralization including pyrite, malachite, azurite, stibnite and galena. Geochemistry of initial rock samples shows anomalous results in Au, Ag, Cu, Pb and Zn, though the results of a more extensive rock sampling program, including hand trenching across prospective zones, are still pending.
The Central (Bullseye) Zone has been defined as both a strong aeromagnetic and IP chargeability anomaly and is interpreted as a large zone of sulphide mineralization associated with a magnetic intrusive body. Surface mapping, sampling and hand trenching have exposed areas of in-situ/crackle brecciation anomalous in Au, Ag, Cu, Pb and Zn. Local mineralization includes pyrite, malachite and galena. Results from this program are also pending.
The mineralization at La Gloria is associated with hydrothermal breccias and stockworks related to a cluster of rhyolite domes intruding sandstones, calcareous siltstones, and limestones of the Cretaceous Caracol Formation. Similar host rocks, breccias and mineralization are observed at the Central and North Anomalies, yet neither has been drill tested. As such, there is significant potential to add substantially to the resources of the Mapimi Property.
Work to date on the Mapimi Property has been highly encouraging as drilling confirms and extends known silver-lead-zinc mineralization while geophysical surveys indicate the potential for several other similar zones lying under cover of shallow overburden. Great Panther is earning a 100% interest in the Mapimi Property, subject to a 3% NSR.
The drilling program is being conducted by BDW Drilling of Guadalajara, Mexico. Robert F. Brown, P.Eng. and Vice-President of Exploration for Great Panther and its wholly owned subsidiary, Minera Mexicana El Rosario, S.A. de C.V., is designated as the Qualified Person for the Mapimi Project under the meaning of NI 43-101 and has reviewed this news release.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Contacts:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
Great Panther Resources Limited
Don Mosher
(604) 685-6465
(604) 899-4303 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
--------------------------------------------------------------------------------
Source: Great Panther Resources Limited
Great Panther Expands Near-Surface Silver-Gold Zones at Guanajuato
Monday October 29, 6:58 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Oct 29, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce further results from surface diamond drilling at the Company's wholly-owned Guanajuato Mine in Guanajuato, Mexico. The final holes of the 2007 surface program expanded the previously discovered mineralization in the Promontorio area with intercepts such as 12.5 metres of 3.79 g/t gold and 71 g/t silver plus 4.41 metres of 6.26 g/t gold and 256 g/t silver in SG07-065, as well as intersecting new extensions of historic zones near the Cata plant such as 7.10 metres of 1.10 g/t gold and 155 g/t silver in hole SG07-54.
This portion of the 2007 drill program comprised 5,274 metres in twenty-three holes (SG07-046 to SG07-068) and tested the near surface parts of the Veta Madre system near the Tepeyac Shaft (south of the historic Valenciana workings), the Maravillas Shaft (north of the historic Cata workings) and additional drilling in the Promontorio Shaft area following up on the recent discovery of new mineralized zones in that area (Great Panther news release July 9, 2007). A final tally of 7,408 metres of surface drilling has been completed in 2007 at Guanajuato in 34 holes.
While previous drilling in the Promontorio area showed that mineralization here comprises at least seven parallel zones - the main Veta Madre, a hangingwall zone ('HW' - above the Veta Madre) and five footwall zones ('FW' - below the Veta Madre) - the follow up drilling has indicated that some of these zones locally appear to coalesce into one large zone, or "clavo". This is best displayed in the aforementioned hole SG07-65 where sampling above and below an old stope on the Veta Madre returned 3.79 g/t gold and 71 g/t silver over 12.5 metres plus 6.26 g/t gold and 256 g/t silver over 4.41 metres, respectively immediately adjacent to the stope. As this hole was drilled somewhat obliquely to the orientation of the vein, the true width of the zone, including the mined out portion appears to be 9.79 metres. Other significant parts of the Veta Madre have been left in place as evidenced by the intersection of 2.25 g/t gold and 96 g/t silver over 5.75 metres in SG07-064.
Also following up on the last round of Promontorio drilling, additional assays were received from several of the previously drilled holes in this area and some of the mineralized zones were widened in the process. The best example of this is hole SG07-43 where 11.20 metres grading 2.83 g/t gold and 47 g/t silver was sampled adjacent to an old stope on the Veta Madre. The footwall side of the same stope assayed 2.39 g/t gold and 202 g/t silver over 3.55 metres (previously reported). As such, the true width of this zone, including the mined out portion, appears to be 9.54 metres, consistent with the 9.79 metre width observed in hole 65.
The HW zone at Promontorio was expanded southward in this program, and highlighted with intersections of 0.77 g/t gold and 216 g/t silver over 2.2 metres in SG07-059 and 2.14 g/t gold and 152 g/t silver over 8.34 metres in SG07-063. The FW zones were not significantly expanded in this program, however, and may be a local feature, possibly related to a dilational part of the Veta Madre structure. Additional intersections can be found in the table below.
Drill holes SG07-053 to 058, inclusive, tested the area close to the old Maravillas Shaft, just north of the plant at Cata. Results here were highlighted by the aforementioned 7.10 metres of 1.10 g/t gold and 155 g/t silver in hole SG07-54, while holes 53 and 55 returned similar grades over narrower intervals. The Tepeyac area did not return any significant results.
[continued in following link]
http://biz.yahoo.com/iw/071029/0321480.html
Great Panther Doubles Production in Third Quarter 2007
Monday October 22, 1:17 pm ET
http://biz.yahoo.com/ccn/071022/200710220420359001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 22, 2007) - GREAT PANTHER RESOURCES LIMITED (TSX:GPR - News; the "Company") reports record production from its 100% owned Guanajuato Silver-Gold Mine and Topia Silver-Lead-Zinc Mine in Mexico. Operational highlights include:
- Total quarterly production of 361,107 silver equivalent ounces (Ag Eq oz) compared to 179,782 Ag Eq oz in the third quarter 2006, an increase of 101%.
- Total production for the three quarters of 2007 of 989,900 Ag Eq oz exceeded total production of 408,820 Ag Eq oz for the same period last year by 142%.
- Total quarterly throughput of 69,541 tonnes compared to 43,055 tonnes in the third quarter 2006, an increase of 62%.
- 20% quarter-by-quarter increase in output at Guanajuato from 176,828 Ag Eq oz in the second quarter 2007 to 212,617 Ag Eq oz in the third quarter 2007.
- 11% quarter-by-quarter increase in output at Topia from 133,522 Ag Eq oz in the second quarter 2007 to 148,490 Ag Eq oz in the third quarter 2007.
- Management team strengthened with appointment of Charles Brown as Chief Operating Officer.
- Great Panther's 100% owned (but independently operated) "state-of-the-art" assay laboratory was opened at the Guanajuato Mine.
To view the graph accompanying this release please click on the following link: http://www.ccnmatthews.com/docs/1022gpr.jpg
(Silver equivalents for 2007 were established using prices of US$600/oz Au, US$12/oz Ag, US$0.60/lb Pb and US$1.50/lb Zn)
The Guanajuato Mine produced 155,272 oz of silver and 1,147 oz of gold from 60,031 tonnes in the third quarter, an increase of 18% and 27% for silver and gold, respectively over the previous quarter. The average gold grade increased slightly from 0.80 g/t to 0.84 g/t while the silver grade decreased slightly from 115.5 g/t to 109.9 g/t resulting in a slight decrease in the silver equivalent grade from 155.6 g/t to 151.9 g/t. The erratic nature of gold and silver distribution continues to be a challenge at Guanajuato and the Company is implementing a number of measures to improve the grade control. Recoveries averaged 70.5% for gold and 73.1% for silver in Q3 compared to 72.4% and 73.3%, respectively in Q2. A metallurgical test program is also underway to find ways of improving the recoveries.
At the Topia Mine, production of silver increased by 13% to 65,884 oz, gold by 2% to 128 oz, lead by 20% to 404,460 lbs and zinc by 8% to 448,528 lbs. However, overall head grades declined by 8.8% to 261 g/t Ag, 0.6 g/t Au, 2.11% Pb and 2.63% Zn (588 g/t Ag Eq) due to an increase in dilution caused by narrower vein widths. Recoveries at Topia in the third quarter averaged 82.41% for Ag, 71.44% for Au, 91.38% for Pb and 81.38% for Zn, compared to 86.81% for Ag, 83.59% for Au, 89.46% for Pb and 86.54% for Zn in the second quarter. A total of 9,509 tonnes was processed from the Company's mines in Topia in Q3 while 2,469 tonnes were custom milled for a local miner.
The year to date production of 989,900 Ag Eq oz from both of Great Panther's mines includes 590,191 oz of silver, 3,250 oz of gold, 1,190,971 lbs of lead and 1,421,901 lbs of zinc. As mine development increases and diamond drilling success establishes new resources at the mines, the Company expects this steady growth in production to continue well into 2008. In addition, management is actively looking at ways to more significantly increase the output from both operations.
Robert F. Brown, P.Eng. and Vice President of Exploration for the Company is the Qualified Person for both the Guanajuato Mine and the Topia Mine, under the meaning of NI 43-101. Aspects of both mines relating to mining and metallurgy are overseen by Charles Brown, Chief Operating Officer and Ing. Francisco Ramos Sanchez, Vice President of Operations for Great Panther and its Mexican subsidiary, Minera Mexicana El Rosario, S.A. de C.V.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Brad Aelicks
Great Panther Resources Limited
(604) 685-6465
Don Mosher
Great Panther Resources Limited
(604) 685-6465
(604) 899-4303 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
--------------------------------------------------------------------------------
Source: Great Panther Resources Limited
Great Panther Commences Deep Drilling Program at Guanajuato; Provides Production Update for Both Mines
Wednesday September 19, 11:21 am ET
http://biz.yahoo.com/iw/070919/0304385.html
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Sep 19, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce that a deep underground drilling program has commenced at its 100% owned Guanajuato Mine in central Mexico. The program is designed to twin, then fill in between, diamond drill holes completed in the 1980's and 1990's by the previous owners that indicated the continuation of silver-gold mineralization for approximately 200 metres below the existing mine workings.
Intercepts reported from this historic drilling included 863 g/t Ag and 4.33 g/t Au over 3.30 metres, 347 g/t Ag and 1.69 g/t Au over 3.05 metres, 377 g/t Ag and 20.0 g/t Au over 0.40 metres and 141 g/t Ag and 7.4 g/t Au over 0.60 metres. As both the drill core and drill logs for these holes are incomplete and assay certificates were not kept at the time, the results cannot be used for NI 43-101 purposes and cannot be relied upon. This has been one of the major limiting factors in why the Company has not been able to produce a new NI 43-101 compliant resource for the Guanajuato Mine. Similarly, most of Great Panther's surface drilling cannot be used for this purpose due to the inability of an independent engineer to validate the location of the boundaries of old mine workings around the holes. This limits the ability to calculate volumes, and therefore tonnages, of mineralized rock. New, deep holes will have no such limitations and can then be used to calculate a new NI 43-101 compliant resource.
At present, six drill stations have been prepared on the 345 level (345 metres below surface) just southeast of the Cata shaft. As several holes can be drilled from each station, 30 core holes are currently planned, representing 7,000 metres. The full 4.2 kilometre strike length of the Guanajuato orebody is open to depth and previous drilling indicates significant potential to expand the mine below the existing workings. As additional drill stations have yet to be prepared elsewhere in the mine, it is anticipated that this will be an ongoing program and the Company hopes to add a second drill once the underground infrastructure is in place to support it.
On the production side, refurbishing of the Guanajuato plant is continuing. The third ball mill is now operational and the crushing circuit has been modified to produce smaller, more consistently sized ore to the ball mills. The flotation circuit is undergoing minor modifications and column cells are being considered for installation in order to improve recoveries. Improvements are also being made to the thickeners and disk filters. Throughput at the plant is averaging approximately 700 tonnes per day (tpd), although it has been tested at a rate exceeding 900 tpd. As the plant last operated at its rated capacity of 1,200 tpd in 1991, each new increase in throughput tests the limits of the aging equipment, usually requiring the replacement of some components.
In the mine, development in the Guanajuatito area is continuing with the production of higher grade material but the development of higher grade stopes at deeper levels of the Rayas and Cata Mines has been slower than planned. As such, the overall head grades are continuing to average approximately 165 g/t silver equivalent (Ag Eq). In the short term, the Company is expecting head grades to improve as production increases from the Cata and Rayas stopes.
The Guanajuato Mine has seen steady quarter-over-quarter increases in output since Great Panther commenced production in June 2006. The slower than anticipated development, however, has caused management to revise its production forecast for the mine to approximately 845,000 Ag Eq Oz for 2007.
At the Company's 100% owned Topia Silver-Lead-Zinc Mine in Durango, the third ball mill is now operational, with a capacity of 200-225 tpd. Operating this larger mill instead of the two smaller ones will result in immediate cost savings. The operation of all three mills at once will ultimately require a new substation and a boost in electrical supply from the Federal Electrical Commission, both of which are currently being negotiated. In the mine itself, recently encountered narrow vein widths have resulted in a slight increase in dilution and an overall decrease in tonnage such that throughput at the plant is approximately 170 tpd with a head grade in the range of 600-650 g/t Ag Eq. While this is still a respectable grade, the Company aims to get back to the 800-850 g/t range by year end.
Under current circumstances, the production guidance for Topia for 2007 has been revised to approximately 675,000 Ag Eq Oz. The combined total production for the Company for 2007 is now estimated to be approximately 1,520,000 Ag Eq Oz (metal prices of US$600/oz for Au, US$12/oz for Ag, US$0.60/lb for Pb and US$1.50/lb for Zn were used in the conversion to Ag Eq Oz). While the ramp up at both mines has been slower than anticipated, management is nonetheless pleased with the steady increase in production and the potential for continued growth through exploration and development.
At the Guanajuato Mine, a new state-of-the-art assay laboratory has been constructed on site and is now operational. Built and operated under contract by SGS Labs, the facility is considered to be independent of the Company and all assay results will qualify for NI 43-101 reporting purposes. The lab has a design capacity of approximately 180 samples per day and, once at this rate, should have the ability to process all samples from the Guanajuato mine and mill as well as all of Great Panther's exploration samples. Turn around time for the mine samples is less than 24 hours while exploration samples can be processed in 48-72 hours. It is expected that the lab will pay for itself within a year and ongoing unit costs are anticipated to be substantially less than commercial rates, resulting in a significant saving for the Company. In addition, the new lab is environmentally friendly in that a bank of dust collectors filters all air coming off of the crushing and grinding equipment and all acids used in the sample digestion process are neutralized, with the resulting water being recycled into the plant.
The underground drilling program at Guanajuato is being conducted by Canrock Drilling of San Luis Potosi, Mexico. Robert F. Brown, P.Eng. and Vice-President of Exploration for Great Panther and its wholly owned subsidiary, Minera Mexicana El Rosario, S.A. de C.V., is designated as the Qualified Person for the drilling at the Guanajuato Mine under the meaning of NI 43-101 and has reviewed this news release.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Contacts:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
Great Panther Resources Limited
Don Mosher
(604) 685-6465
(604) 899-4303 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
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Source: Great Panther Resources Limited
Great Panther Outlines Expansive Geophysical Anomalies and Updates Phase 1 Drilling Program on Mapimi Silver-Lead-Zinc Property
Friday September 14, 11:46 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Sep 14, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce that Phase I of the Company's integrated exploration program on the Mapimi Project (formerly Km 66) in northeastern Durango State, Mexico has outlined kilometre-scale geophysical targets in addition to the growing silver-lead-zinc resource being delineated by diamond drilling.
Twenty nine core holes, representing 6,298 metres, were completed in the Phase I program on the Mapimi Project with Phase II drilling anticipated to commence in mid-October. Drilling has so far focused primarily on the La Gloria zone and results of the first 19 holes were released on April 16 and May 9, 2007. A parallel zone, called Las Palmitas, lies roughly 100 metres to the west and contains a small resource while the third batch of ten core holes (SK07-020 to SK07-029 totaling 2,449 metres) discovered a similar parallel zone 100 metres to the east. The latter, named La Gloria East, was located using the Aero Quest airborne magnetic survey data and to date contains somewhat erratic mineralization, but is still open to the north.
Highlights of the third batch of drill holes in the Phase I drilling program include 166 g/t silver equivalent (Ag Eq) over 19.46 metres in hole SK07-020; 107 g/t Ag Eq over 36.60 metres and 256 g/t Ag Eq over 55.60 metres in hole SK07-028; and 110 g/t Ag Eq over 47.52 metres and 147 g/t Ag Eq over 13.00 metres in hole SK07-029, all in La Gloria, while La Gloria East returned slightly lower grades over narrower intervals. The last ten holes of the program continued to intersect multiple mineralized intervals within La Gloria and several of the holes were drilled on the fringes of the mineralization, in order to determine its limits. Additional details of the intersections, including individual assays for silver, gold, lead and zinc are presented in the table of results below and an updated map of the various mineralized zones can be found on the Company's website at www.greatpanther.com.
Results from the entire 29-hole Phase I drill program are now being used to update and expand the existing NI 43-101 Inferred Mineral Resource (Great Panther news release September 11, 2006), of 22.3 million ounces of silver equivalent, contained in 4,969,800 tonnes at a grade of 59 g/t Ag, 0.13 g/t Au, 0.81% Pb and 1.31% Zn (139 g/t Ag Eq). This resource was calculated by Wardrop Engineering from previous data on the La Gloria and Las Palmitas Zones only, so it is anticipated that the additional holes into these zones plus the discovery of La Gloria East will result in a significant increase in the size of the resource.
The 550 line kilometre airborne survey completed over the property earlier in 2007 outlined a number of features interpreted to reflect large zones of hydrothermal breccia. One of these features contains the zones of known silver-lead-zinc mineralization, which is hosted in brecciated sediments adjacent to rhyolite dykes. In the La Gloria East Zone, the rhyolite itself is mineralized. Recognizing the extensive nature of these magnetic features (most more than 1,000 metres in diameter), Great Panther contracted Peter Walcott and Associates Ltd. of Vancouver to conduct an induced polarization (IP) geophysical survey focused over the known mineralized zones and the priority airborne magnetic features. In addition, the size of the property was enlarged by staking from the previous 3,508 hectares to approximately 15,000 hectares (the exact area will be determined upon receipt of the formal concession titles) as these are district-scale features.
A total of 103 line kilometres of ground IP has now been completed over four kilometre-scale targets identified from the airborne magnetics. The La Gloria zones (including Las Palmitas and La Gloria East) show up as distinct IP anomalies; a magnetic high, dubbed the Bulls-Eye Zone, is overprinted by a much larger, 2000 metre long by up to 800 metre wide, chargeability high; and a northern magnetic feature is associated with a fairly linear 1000 metre long IP anomaly. The fourth airborne magnetic feature, west of the La Gloria zone did not return any significant IP results. Preliminary ground follow-up of these anomalous zones has revealed Au, Ag and Pb mineralization in outcrop over the Bulls-Eye Zone while visible Cu and Pb mineralization have been sampled over the North Anomaly (assays pending). It is interesting to note that the mineralization at La Gloria sits at the southern tip of the extensive Bulls-Eye Anomaly and is reflected by only modest IP readings.
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Great Panther Releases Q2 Results, Reports Record Sales Margin From Mining Operations
Tuesday August 14, 6:38 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 14, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) (the "Company") reports that it has filed its quarterly unaudited financials and MD&A for the three and six months ended June 30, 2007.
The Company is pleased to report gross revenue of $3,245,000 for the second quarter 2007, an increase of 238% over the same period last year, and sales margin from mining operations (before amortization and depletion) of $1.1 million.
The Unaudited Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30, 2007 have been filed on SEDAR. (All figures are in Canadian dollars unless otherwise stated).
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Great Panther Discovers New Silver-Gold Zones at Guanajuato
Monday July 9, 3:57 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 9, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce that surface diamond drilling has intersected four new silver-gold zones and provided further definition on the three previously known zones of silver-gold mineralization in the Promontorio area of the Company's wholly-owned Guanajuato Mine in Guanajuato, Mexico. All zones are sub-parallel and occur within 70 metres of the main Veta Madre. Having several zones within close proximity like this will significantly lower their development costs and plans are already in preparation for the exploitation of this area. The new mineralization lies between 70 and 150 metres below surface and is accessible by ramp.
This portion of the 2007 drill program comprised 2,135.8 metres in eleven holes (SG07-035 to SG07-045) and was focused on defining mineralization in the Promontorio / Garrapata area - the southern most area of exploitation in the Guanajuato Mine Complex. Previous results from this part of the mine were announced on Dec. 12, 2006. Mineralization in this area is now known to comprise at least seven parallel zones: the main Veta Madre, a hangingwall zone ('HW' - above the Veta Madre) and five footwall zones ('FW' - below the Veta Madre). The Veta Madre quartz breccia occurs at the fault contact between hangingwall conglomerates and a footwall mix of metasediments, metavolcanics, and intrusions. The hangingwall zones occur as quartz stockworks in the conglomerates. The footwall zones have been divided into the FW #1a, #1b, #1c, #2, and #3 zones and are associated with quartz stockworks and breccias. The FW #1 and #2 zones are hosted within diorite and quartz-feldspar porphyry intrusions, while the #3 zone occurs at the lower contact between the intrusions and footwall metasediments.
The HW zone was cut by drill holes SG07-035 to 037, and 040 to 045 and displays a higher gold:silver ratio than other zones. Examples of this include 21.2g/t gold and 52g/t silver over 0.88 metres in SG07-035; 11.1g/t gold and 13g/t silver over 1.15 metres in SG07-036; 9.95g/t gold and 477g/t silver over 1.05 metres in SG07-037; and 23.45g/t gold and 45g/t silver over 2.45 metres in SG07-043. The HW zone has been traced for more than 150 metres along strike and up to 100 metres down dip.
The Veta Madre itself was intersected in all holes except SG07-041, which was lost in an old stope. Signs of former mining along the Veta Madre were noted in seven of the eleven holes in this program, however no signs of previous mining were observed in the FW zones. Parts of the Veta Madre have been left in place as evidenced by several mineralized intersections, including 1.98g/t gold and 77g/t silver over 2.59 metres in SG07-038 and 2.39g/t gold and 202g/t silver over 3.55 metres in SG07-043. As such, an in situ and well mineralized portion of the Veta Madre zone has been traced for more than 150 metres along strike and up to 150 metres down dip.
The FW #1a zone was described in the last Promontorio news release (Dec 12, 2006) as the footwall #1 zone in drill holes SG06-033 and 034. The 2007 drilling has added to this with intersections in holes SG07-036 through 040, 042, 044, and 045. FW #1a is located 5-10 metres below the Veta Madre. Noteable intersections include 18.28g/t gold and 104g/t silver over 2.16 metres in SG07-036; 4.58g/t gold and 312g/t silver over 3.09 metres in SG07-037; and 2.02g/t gold and 265g/t silver over 3.60 metres in SG07-040. The FW #1a zone has been traced for more than 100 metres along strike and up to 100 metre down dip.
The FW #1b zone is located only 5 metres below the FW #1a zone, and was intersected in holes SG07-035, 036, 039, 040, and 042 to 045. Highlights from this zone include 0.93g/t gold and 181g/t silver over 2.47 metres in SG07-039 and 2.35g/t gold and 430g/t silver over 2.42 metres in SG07-040. To date, the FW #1b zone has been traced for more than 50 metres along strike and up to 75 metres down dip.
The FW #1c zone is located 5-10 metres below the FW #1b zone, and was intersected in SG07-036, 039, 040, and 045. Noteable intersections include 0.78g/t gold and 266g/t silver over 5.61 metres in SG07-036 and 1.26g/t gold and 292g/t silver over 3.10 metres in SG07-040. This zone has been traced for 50 metres along strike and up to 75 metres down dip.
A new footwall zone (designated FW zone #2) has been discovered approximately 50 metres below the Veta Madre and was intersected in holes SG07-035, 038, 039, 040, 042, and 045. This zone appears to be significantly thicker than some of the others with intercepts such as 6.15 metres of 1.20g/t gold and 206g/t silver in hole SG07-042 and 5.60 metres of 0.71g/t gold and 115g/t silver in SG07-045. The FW zone #2 has been outlined for more than 50 metres along strike and up to 50 metres down dip.
A second new discovery (designated FW zone #3) lies approximately 70 metres below the Veta Madre and was intersected by holes SG07-042 and 043a, approximately 25 metres apart. These holes returned 2.97g/t gold and 175g/t silver over 1.10 metres and 1.55g/t gold and 194g/t silver over 2.31 metres, respectively. Longitudinal sections showing all of the Promontorio drilling can be found in the Guanajuato Mine section of the Great Panther website at www.greatpanther.com.
There is no indication from drilling or a review of underground survey maps that the footwall zones have been previously mined. Drill hole spacing in this program was approximately 30 metres on average. At this spacing, the mineralized zones are observed to vary in thickness, and grades are also quite variable. Detailed drilling to further delineate and extend the zones will be required and will be carried out from existing underground workings that are now being re-habilitated.
To date 6,385 metres of surface drilling have been completed in 2007 at Guanajuato and the program is still underway, detailing and expanding the various zones associated with the prolific Veta Madre structure. This includes the aforementioned holes SG07-035 to 045 at Promontorio, holes SG07-046 to 052 at Tepeyac shaft (south of Valenciana Mine shaft), SG07-053 to 058 at Remedios shaft (north of Cata Mine shaft), and SG07-059 to SG07-065 at two other Promontorio area drill sites. Results from all areas will be released as they become available.
The discovery of these new zones at Promontorio is significant, not only because of the near term potential for development but also because they imply that much of the footwall and hangingwall to the Veta Madre has been largely unexplored and, therefore, undeveloped. With more than 4 kilometres of strike length existing on the mine property, the potential for additional zones to be found is excellent.
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Great Panther to Raise $4.05 Million Through Convertible Loan Notes With Two British Isles-Based Funds
Wednesday July 4, 3:06 pm ET
http://biz.yahoo.com/iw/070704/0274187.html
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 4, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) ("the Company") is raising $4.05 million through the private placement of two Convertible Loan Notes, each of $2,025,000 with City Natural Resources High Yield Trust PLC and New City High Yield Fund Limited of the British Isles. The Notes will bear interest at 8% per annum, payable quarterly, and will mature in 4 years. The Notes will be convertible at the option of the holders into common shares of the Company at the conversion price of $2.25 per share, which is an approximate 25% premium to the market price of the Company's common shares when the decision to enter into the agreements was made.
The proceeds from the Notes will be used to accelerate exploration activities at the Mapimi Project in Durango, Mexico where geophysical surveys are outlining several large areas interpreted as buried sulphide mineralization worthy of drill testing; a deep drilling program at the Guanajuato Mine; and for working capital to increase production at the Company's Guanajuato and Topia Mines.
The Notes and the 1.8 million common shares issued on conversion will be subject to hold periods expiring 4 months plus one day from the date of the Notes. No commissions or finder's fees are payable. The private placement is subject to acceptance for filing by the TSX.
ON BEHALF OF THE BOARD
Kaare G. Foy, Executive Chairman
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2006 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
SEC 20-F Statement Filed; Standard & Poor's Listed
Contact:
Contacts:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
(604) 685-9744 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
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Source: Great Panther Resources Limited
Great Panther Releases Additional Drilling Results for Mapimi Silver-Lead-Zinc Project
Thursday May 10, 11:41 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 10, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce additional assay results for the ongoing diamond drill program at the Mapimi Project in eastern Durango State, Mexico. Highlights of the second batch of drill holes (SK07-012 to 019, representing 1,454 metres) include 168 g/t silver equivalent(i) (Ag Eq) over 78.65 metres in hole SK07-012; 212 g/t Ag Eq over 21.95 metres in hole SK07-015; and 372 g/t Ag Eq over 32.93 metres in hole SK07-018. All eight holes were drilled in the La Gloria Zone.
Additional details of intersections from these eight holes, including individual assays for silver, gold, lead and zinc are presented in the table of results below. A plan map showing the new La Gloria drill-hole locations is posted on the Great Panther website at www.greatpanther.com.
Twenty three core holes, representing 4,889 metres, have been completed to date with assays pending on the last four holes. Results for holes SK07-001 to 011 were announced on April 16, 2007. Aside from the first three holes of the program, which were drilled into the smaller Las Palmitas Zone, drilling by Great Panther has focused on the La Gloria Zone in an effort to expand and better delineate mineralization intersected by Coeur d'Alene Mines Corp., in 1997-98. Data from Coeur d'Alene's drilling was used by Wardrop Engineering to calculate the current NI 43-101 Inferred Mineral Resource on these two zones (Great Panther news release September 11, 2006), of 22.3 million oz Ag Eq, contained in 4,969,800 tonnes at a grade of 59 g/t Ag, 0.13 g/t Au, 0.81% Pb and 1.31% Zn (139 g/t Ag Eq(i)).
Consistent with previous drilling, multiple mineralized intervals have been intersected within the latest holes at La Gloria. The mineralization consists of sphalerite, galena, pyrite and minor pyrrhotite in the matrix of hydrothermal breccias and as fracture fillings and disseminations in porphyritic rhyolite. Silver grades show an excellent correlation with lead, while neither zinc nor gold correlate with any of the other metals and, so far, no systematic metal zonation has been observed. As relative grades of the four metals can be quite variable, silver equivalents are calculated primarily for comparative purposes.
The rhyolite intrudes sandstones, calcareous siltstones, and limestones of the Cretaceous Caracol Formation, a common host to many of the world class silver-lead-zinc deposits throughout the Mexican Silver Belt. Pre-mineral faulting and fracturing is intense within and adjacent to the mineralized zones, providing excellent porosity for mineralizing fluids. Post-mineral faulting is also common and offsets mineralized zones in places. While the La Gloria Zone appears to be fault-bounded to the northeast, it is still open to the southwest and Great Panther is currently testing the strike extent of the zone in that direction.
As results come in from the Induced Polarization (IP) geophysical survey, new outlying targets will also be tested. The goal of the program is to substantially increase the aforementioned NI 43-101 resource and determine the potential for an open pit mine.
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Great Panther Confirms Grades, Completes Airborne Geophysical Survey on Mapimi Silver-Lead-Zinc Property
Monday April 16, 4:42 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 16, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce assay results for the first 11 core holes (2,395 metres) drilled by the Company on the Mapimi Project (formerly Km 66) in eastern Durango State, Mexico. Nineteen core holes, representing 3,849 metres, have been completed to date with assays pending on the last eight holes. Drilling has so far focused on the La Gloria and Las Palmitas Zones in an effort to confirm, and better delineate, previous reverse circulation and core drilling of Coeur d'Alene Mines Corp., completed in 1997-98. Data from Coeur d'Alene's drilling was used by Wardrop Engineering to calculate the current NI 43-101 Inferred Mineral Resource on these two zones (Great Panther news release September 11, 2006), of 22.3 million ounces of silver equivalent (Ag Eq), contained in 4,969,800 tonnes at a grade of 59 g/t Ag, 0.13 g/t Au, 0.81% Pb and 1.31% Zn (139 g/t Ag Eq).
Highlights of Great Panther's 2007 drilling program include 155 g/t Ag Eq over 46.75 metres (including 262 g/t Ag Eq over 16.00 metres and 208 g/t Ag Eq over 3.30 metres) in hole SK07-04 in the La Gloria Zone and 173 g/t Ag Eq over 62.40 metres in hole SK07-09, also in La Gloria. Drilling on the Las Palmitas Zone was highlighted by 147 g/t Ag Eq over 16.95 metres in hole SK07-01. Additional details of the intersections, including individual assays for silver, gold, lead and zinc are presented in the table of results below. A plan map of the Las Palmitas and La Gloria Zones with drill hole locations is posted on the Great Panther website at www.greatpanther.com.
Multiple mineralized intervals have been detected within each of La Gloria and Las Palmitas. They appear to be steeply dipping and elongated northeast-southwest so holes are typically drilled at angles of 45-60 degrees. While the mineralization starts at surface, it has been intersected to vertical depths approaching 200 metres. To date, the holes have been drilled between grid sections 350N and 550N at a horizontal spacing of approximately 50 metres with respect to other Great Panther and Coeur d'Alene drill holes. They are also designed to intersect the mineralized zones at a similar vertical spacing. The 2007 Great Panther results are confirming previous results of Coeur d'Alene and will be used in the up-grading of the NI 43-101 resource later in the year. The goal of the program is to delineate a large resource mineable by open pit methods.
The mineralization at Mapimi is associated with hydrothermal breccias and stockworks related to a cluster of rhyolite domes intruding sandstones, calcareous siltstones, and limestones of the Cretaceous Caracol Formation. While the upper 40-60 metres is typically oxidized, deeper sulphide mineralization consists of pyrite, silver sulfosalts, sphalerite and galena. An alteration halo exhibiting strong silicification and disseminated pyrite extends outward for hundreds of metres around the silver-lead-zinc zones, providing a larger target that should be detectable by induced polarization (I.P.) geophysics.
As the topography of the area is very subdued and 95% of the property is overburden covered, there is a strong possibility that similar mineralized breccias may lie under cover and have been overlooked in the past. The current geophysical program is designed to detect such buried zones and provide additional targets for drill testing.
Highlights of recent drilling include:
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Great Panther Doubles Production at Guanajuato in First Quarter; Increases Output From Two Mines by 38%
Tuesday April 10, 4:15 pm ET
GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce that first quarter 2007 output at its two 100%-owned mines in Mexico increased by 38% over Q4 2006 to 318,359 silver equivalent ounces (Ag Eq Oz). The increase was mainly due to significant improvements in the head grades at the Guanajuato Silver-Gold Mine where output doubled over the same period. Guanajuato yielded 146,555 Ag Eq Oz in Q1 2007, almost as much as in the entire 6 months from startup to the end of 2006.
Production highlights from Q1 2007 include:
- A 38% quarter-over-quarter increase in overall production from 230,040 to 318,359 Ag Eq Oz,
- Output doubled at Guanajuato, from 73,484 in Q4 2006 to 146,552 Ag Eq Oz in Q1 2007 (155,085 oz produced in 2006),
- Average silver and gold grades at Guanajuato increased by 53% and 40%, respectively, quarter-over-quarter,
- Silver and gold grades at Guanajuato rose steadily through the first quarter, increasing by 100% and 65%, respectively, from 59 g/t and 0.51 g/t in December to 119 g/t and 0.85 g/t in March,
- With the increase in grades, average silver and gold recoveries at Guanajuato increased by 9% and 7%, respectively, to 71.5% and 70.2% for the quarter,
- Throughput at Guanajuato increased by 25% to 49,761 tonnes in Q1 2007,
- Production at Topia was up 10% over the previous quarter as a 13% increase in tonnage was partially offset by a 5% decrease in grade.
A breakdown of head grades and metal production for the quarter is as follows:
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Great Panther Extends Gold-Rich Zones With Surface Drilling at Topia Mine
Wednesday April 4, 1:37 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 4, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto:GPR.TO - News) is pleased to announce that surface drilling in portions of the Animas vein at the Company's 100% owned Topia Silver-Lead-Zinc Mine in Durango, Mexico is continuing to demonstrate good gold grades. The best intersection in this phase of the program, from hole ST07-36, returned 2.58 g/t Au over 2.50 metres, while individual samples in other holes returned assays up to 12.70 g/t Au.
Current mining on the Animas vein is being conducted on three levels, 1420, 1430, and 1550 (note that levels are named according to metres above mean sea level, so level 1550 is 130m higher than level 1420). Underground sampling from levels 1430 down to 1380 showing excellent gold grades was reported on October 12, 2006 and the surface drilling is designed to test the vein along strike and to depth. Drill holes ST06-030, 031, and 032 targeted the Animas vein east of the 1430 workings, and below the 1550 level. All three holes were successful, with the best intersection in ST06-032 of 2.43g/t gold, 315g/t silver, 0.9% lead, and 9.0% zinc over 0.4m (see summary of results in the table below, and http://www.greatpanther.com/i/pdf/Topia_SurfaceDrilling_Mar07.pdf on the Company's web-site for drill hole location map). Drill hole ST06-033 was a test of the Animas vein at depth, and intersected the vein at approximately the 1300 metre level, well below existing workings, with 2.85 g/t gold and 42.9 g/t silver over 0.55m.
Approximately 350 metres along strike to the east of these holes, ST07-034 and 035 intersected the Animas vein at the 1400 level in a previously untested area, returning low grade values in both drill holes. A further 200 metres east, hole ST07-036 intersected a silicified breccia zone returning 2.58g/t gold over 2.50 metres, as mentioned above. This brecciation likely occurs along the Animas vein structure, and will be further drill tested, both for the extent of the brecciation, and veining.
Hole ST07-037 was drilled east of a major fault and no recognizable structures were identified. ST07-038 did not reach its primary target, the Veta Madre, but did intersect a parallel, although very narrow (0.08m) structure, potentially the Hipolito vein, which returned 0.57g/t gold, 1080g/t silver, 2.8% lead, and 1.1% zinc. Due to the high silver grade of this vein, it will be tested farther along strike to see if it widens out.
In addition to the Animas vein drilling, the eastern and depth extent of the Veta Madre was targeted by two holes. Hole ST07-039 was lost due to bad ground but ST07-040 intersected the Veta Madre, returning 5.08g/t gold, 149g/t silver, 2.6% lead and 0.8% zinc over 0.6m. Follow up drilling is planned around this intersection.
The ongoing surface drilling program at Topia, in conjunction with the underground drilling, is designed to double the NI 43-101 resources by the end of the year. The first NI 43-101 resource for the mine, reported on December 28, 2006, contained 3,625,603 oz of Ag Equivalent in the Measured and Indicated categories and an Inferred Resource of 1,418,900 oz of Ag Equivalent.
Highlights of Surface Drilling:
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http://biz.yahoo.com/iw/070404/0235214.html
Jennings Capital Inc. Report
http://www.jenningscapital.com/pdfs/GPR02162007ProductionBelowExpectations.pdf
Great Panther Provides Production Update for 2006 and Projections for 2007
Thursday February 1, 11:55 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 1, 2007 -- GREAT PANTHER RESOURCES LIMITED (Toronto Future:GPR.TO - News) is pleased to provide the following update of 2006 production and projections for 2007 for its two 100%-owned mines in Mexico. In its inaugural year as a primary silver producer, Great Panther brought both the Topia Silver-Lead-Zinc Mine in Durango and the Guanajuato Silver-Gold Mine in Guanajuato into production and steadily increased throughput at both operations from their respective starts through the balance of the year.
This month-over-month increase is continuing at both locations as the Company strives to maximize the output of both mines. The refurbishing of both plants has been a continuous process, always staying ahead of the pace of mine development. Relatively low capital costs have been incurred at the plants and the third ball mill at each operation is now ready for testing.
Bringing old mines back into production involves a completely different set of challenges than starting a new operation. Old workings often need to be enlarged to accommodate new equipment, underground facilities (pumps, piping, tracks, etc.) need to be assessed, repaired or replaced and, most importantly, safety conditions need to be substantially improved in order to bring them up to a modern standard. The grade distribution has to be understood, old data verified, and mining methods modified to reflect all of these realities. These challenges were most noticeable at Guanajuato, being a much larger operation and a more complex orebody than Topia. As such, mine rehabilitation and new mine development have not progressed at the pace anticipated by management earlier in 2006 and, consequently, overall output from the mines was lower than originally expected. These issues have been addressed and the mines are now expected to reach the previously targeted throughput of 200 tonnes/day at Topia and 1,200 tonnes/day at Guanajuato by May of 2007.
Total production for both mines for the year was 638,775 ounces of Silver Equivalent (oz of Ag Eq), including 313,484 oz Ag; 1,394 oz Au; 1,381,637 lbs Pb and 1,636,139 lbs Zn. (In calculating Ag Eq, the Company used prices of US$525/oz for gold, US$0.50/lb for lead, US$1.20/lb for zinc, and US$10.25/oz and US$10.50/oz for silver for the first and second semesters, respectively, of 2006). Output for 2007 is now projected at 2,517,000 oz of Ag Eq, roughly 4 times the level of 2006. A more detailed breakdown of production figures for the two operations is presented below. All figures are unaudited and have been prepared by management as guidance for our shareholders.
At Topia, total throughput at the plant was 28,357 tonnes during 2006, with 5,912 tonnes, or 21%, being custom milled for local small miners. Custom milling uses up some of the excess plant capacity and helps to increase efficiencies and lower overall costs. A total of 22,445 tonnes was processed for Great Panther's account at a head grade of 340 g/t Ag, 0.66 g/t Au, 3.23% Pb and 3.93% Zn, or 25.3 oz/t Ag Eq. With average recoveries of 86.6% for Ag, 83.0% Au, 85.8% Pb and 84.7% Zn, this resulted in the production of 208,004 oz Ag, 406 oz Au, 1,381,637 lbs Pb and 1,636,139 lbs Zn for a silver equivalent production of 483,775 ounces.
At Guanajuato, production commenced in June of 2006 on easily accessible low grade stockwork zones but the development of high grade zones has only now reached the point where these are contributing to production. Consequently, the average grades from Guanajuato remained low for 2006. With increasing production from the higher grade zones from this point forward, the average grade for the mine will improve this year but management has lowered its forecast production for 2007 to reflect this difference.
Guanajuato initiated production with one ball mill and brought a second on stream in November. Each ball mill has a nominal rating of 400 tonnes per day (tpd), although in reality this may be closer to 370tpd. As mentioned above, delays in the feed of higher grade ore from the mine meant that the plant did not operate to its full capacity during 2006. Total throughput for the period of operation in 2006 amounted to 86,111 tonnes at an average grade of 58 g/t Ag and 0.55 g/t Au, or 2.7 oz/t of Ag Eq. With this low grade, recoveries were only 65.3% for both Ag and Au, resulting in final output of 105,480 oz Ag and 988 oz Au, or 155,085 oz Ag Eq.
Despite the challenges in meeting the production schedule, cash operating costs were reduced dramatically throughout the year at both operations. At Topia, average cash costs for the year came to US$56.52/tonne or US$3.31/oz Ag Eq. The projected cash operating cost for 2007 is US$51.81/tonne, or US$2.41/oz Ag Eq.
At Guanajuato, cash operating costs had declined to US$42.00/tonne by December and averaged US$47.09/tonne for the year. Due to the low grade, however, the average cost per ounce for 2006 was US$14.50/oz Ag Eq. Projected cash operating costs at Guanajuato for 2007 are now estimated to be US$32.27/tonne or US$6.60/oz Ag Eq due to the expected increase in grade. Taking both operations together, the company expects 2007 cash operating costs to be approximately US$4.66/oz Ag Eq.
Several notable accomplishments were achieved at both operations in 2006:
- A new, NI43-101 compliant resource of 3.6 million oz Ag Eq in the Measured & Indicated category and 1.4 million oz Ag Eq in the Inferred category was published for the Topia Mine that will provide guidance for further ore definition for near-term production and for the long-term mine plan.
- Surface drilling at Guanajuato identified new high grade silver-gold mineralization near surface at the Guanajuatito, Animas and Promontorio areas of the Veta Madre structure. This mineralization will provide near-term mill feed as well as contribute to the estimation of a new NI43-101 resource for the mine (anticipated by April 2007).
- At the Company's main non-producing asset, the Mapimi/Km 66 Project in Durango, acquired in 2206, a NI43-101 compliant inferred resource estimate of 22.3 million oz of Ag Eq was prepared by Wardrop Engineering.
- Great Panther now has total NI43-101 compliant resources of 3.6 million oz Ag Eq in the Measured & Indicated category (at Topia) and 23.7 million oz Ag Eq in the Inferred category (Topia and Mapimi/Km66).
- The Company had no lost time accidents at either mine in 2006. Safety conditions have been improved dramatically at both operations, workers have new safety equipment, receive regular training and safety briefings are held on a daily basis.
- Environmental sustainability of both operations has been significantly improved. Active tailings dams have been upgraded to reduce dust and water runoff. All drainage is now fully contained and water is recycled for use at the plants.
- The crushing plant at Guanajuato has been modified such that it is now a closed circuit operation, resulting in significant operating efficiencies and reduced costs.
- Construction was initiated on a new state-of-the-art assay laboratory at the Guanajuato Mine. This lab, scheduled for completion in early 2007, will be managed by SGS Labs under contract to Great Panther and will process all samples from the Guanajuato Mine & Mill as well as all exploration samples for the entire company (approximately 65,000 per year). This will result in significant savings and reduced turn-around times for assaying while the independent nature of the lab will mean that all assays generated therein will be NI43-101 compliant.
Great Panther has approved US$4.2 million for capital expenditures at the two mines in 2007, mainly for continued mine development and some new equipment. Exploration budgets are still being revised but the Company is considering drilling up to 50,000 metres of surface and underground drilling at Guanajuato, Topia and Mapimi/Km 66 throughout the course of the year. Great Panther has aggressive expansion plans for both of its mines and hopes to double the existing resources at both Topia and Mapimi/Km 66 by the end of 2007. New acquisitions are being sought out & evaluated on an on-going basis.
In 2006, Great Panther experienced significant growth and successfully made the transition from exploration & development to a junior mining company. With a workforce exceeding 400 people at the two operations - all being Mexican - the mines are making a significant contribution to the local economies and the Company enjoys excellent community relations.
Robert F. Brown, P.Eng and Vice President of Exploration for the Company is the Qualified Person for all of Great Panther's Project, under the meaning of NI43-101, and has reviewed this news release. Aspects of the Topia and Guanajuato Mines relating to mining and metallurgy are overseen by Ing. Francisco Ramos Sanchez, Vice-President of Operations for Great Panther and its Mexican subsidiary, Minera Mexicana El Rosario, S.A. de C.V.
ON BEHALF OF THE BOARD
Robert A. Archer, President & CEO
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2005 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
Contact:
Contacts:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
(604) 685-9744 (FAX)
Great Panther Resources Limited
Don Mosher
(604) 685-6465
(604) 685-9744 (FAX)
Email: info@greatpanther.com
Website: http://www.greatpanther.com
--------------------------------------------------------------------------------
Source: Great Panther Resources Limited
http://biz.yahoo.com/iw/070201/0210680.html
Thank you, and to you also. The stock is holding up well today. HD
Hopeful Diogenes,
Thanks for the post.
I have steadily increased my position in Great Panther. It will be a great winner, in the opinion of many.
As an aside, while inventories of crude oil increase mainly due to the abnormally mild winter weather in the Northeast, crude oil reserves continue to be eroded. It's like a bank account that is nibbled away constantly by withdrawals without many new deposits (new oil reserve discoveries). I'm confident, not happy, that we are in the zone of Peak Oil, so I continue to post to my board. Thanks for your interest in it.
You have a prosperous 2007,
sumisu
PS Yes, I think the word to describe NYBob in I-Hub is ubiquitous.
First day of trading on TSX in 2007. Strong moves up. GPR up 5.65%
Great start to the year. See you're still here sumisu; enjoy your stuff on Peak Oil, as for NYBob, why he is everywhere. Just found him moderating a couple of the junior uraniums in which I hold a modest position; great job NYB!
Great Panther Receives NI43-101 Resource Estimate for Topia Mine
Thursday December 28, 5:10 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Dec 28, 2006 -- GREAT PANTHER RESOURCES LIMITED (TSX:GPR.TO - News) is pleased to announce that Wardrop Engineering (Wardrop) of Vancouver, B.C. has delivered a NI43-101 compliant resource estimate for the Company's Topia Silver-Lead-Zinc Mine in northwestern Durango State, Mexico. Using a US$60 Gross Metal Value (GMV) cut-off grade, Wardrop estimates that the Animas, Argentina, La Dura, and Madre veins, plus several parallel veins (categorized as 'other') together contain a Measured Mineral Resource of 53,500 tonnes grading 493g/t silver (Ag), 0.882g/t gold (Au), 4.89% lead (Pb), and 4.44% zinc (Zn), with a GMV of US$256 per tonne, an Indicated Resource of 111,500 tonnes grading 473g/t silver, 0.860 g/t gold, 4.86% lead, and 4.53% zinc, with a GMV of US$253 per tonne, and an Inferred Mineral Resource of 71,700 tonnes grading 443g/t silver, 0.686 g/t gold, 4.31% lead, and 4.02% zinc, with a GMV of US$229 per tonne. GMV was calculated using average October 2006 metal prices as noted at Kitco.com, an estimated dilution of 33%, and payable metal recoveries as noted below. The US$60 GMV cut-off grade was derived from estimated mining and milling costs of US$45/tonne, concentrate shipping cost of US$5/tonne, and US$10/tonne overhead cost. The resource was prepared by Ordinary Kriging and carried out in 3 passes. Specific Gravity (SG) for the veins was estimated by inverse distance weighted to the second power.
[continued in following link]
http://biz.yahoo.com/iw/061228/0198589.html
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GREAT PANTHER RESOURCES (TSX:GPR)
Great Panther Silver Limited, headquartered in Vancouver, Canada, is one of the fastest growing primary silver producers in Mexico with strong leverage to future rises in the price of silver. The Company owns two operating mines in Mexico, and employs almost 800 people. Great Panther's mission is to become a leading primary silver producer by acquiring, developing and profitably mining precious and base metals in Mexico. We are committed to conducting ourselves with fairness and integrity, and managing all business activities in an environmentally responsible and cost-effective manner, while contributing to the well-being of the communities in which we live and work. Our primary goal is that of profitable growth, as we feel this is the key to maximizing long-term shareholder value. Our specific objectives are to grow production and earnings from mining operations and maintain positive cash flow while continuing to actively pursue exploration and development opportunities in Mexico. November 10, 2010: November 10, 2010: |
Nov 24, 2009: News Releases: Great Panther Announces New High Grade Development... (more...) Nov 17, 2009: News Releases: Great Panther Completes $12.3 Million Equity Offer... (more...) Nov 16, 2009: News Releases: Great Panther Reports Third Quarter Revenue Up 104... (more...) |
Enter your email address below to receive periodic updates from Great Panther Resouces Limited |
Great Panther Silver NYSE Closing Bell
25 Feb 2011
http://www.youtube.com/watch?v=u98FrGvEiug
Members of Great Panther Silver rang the NYSE Closing Bell
on Friday February 25, 2011 to celebrate the company's
listing on NYSE Amex.
http://www.greatpanther.com/s/Home.asp
http://www.greatpanther.com/s/Home.asp
Business Description:
The company has combined highly-experienced international
management and ready access to capital to invest in
silver & gold projects in Mexico.
They recently acquired the Topia Silver Mine in
Durango State & the Santa Fe Silver-Gold Mines
in Guanajuato.
Address:
1177 West Hastings Street, Suite 2100,
Vancouver, BC, CN V6E 2K3
Telephone:
(604) 608-1766
Website:
http://www.greatpanther.com
Facsimile:
(604) 608-1744
Email:
info@greatpanther.com
www.ivarkreuger.com/metalcharts.htm
The super red banksters cults -
Rothschilds World Part 1 "Glen, Rush, Michael...Here's to you boy's"
http://www.youtube.com/watch?v=yhKHwrUA5SM&feature=related
www.greatpanther.com/s/Guanajuato_Photos-Maps.asp
www.greatpanther.com/s/TopiaMine_Photos-Maps.asp
GPR chart TA TI P&F Alert Bullish Price Objective 1st Target
fiat$6.88 per share
http://www.walkaboutventures.com/
Ponzi scheme - Fiat money - made out of nothing -
http://video.google.com/videoplay?docid=-8484911570371055528&q=creature+jeckyll&ei=c8kMSKSjJZPE2AKU2826BA#
FED - Power Center - Created @ NWO -
Ron Paul: "It's criminal."
http://www.youtube.com/watch?v=Wn8Cuy0F32o&feature=player_embedded
On the Edge with Dr. Paul Craig Roberts 12.10.10. Max Keiser
http://www.silverbearcafe.com/private/12.10/roberts12-10.html
WHY AREN'T THE BANKSTERS IN JAIL? -
IS IT NO LAW OR POLICE IN USA? -
WHY WAS THE HUNT BROTHERS TAKEN TO JAIL? -
AND WHY ISN'T THE BANKSTERS? -
NO EQUAL LAW FOR ALL PEOPLE IN THE USA? -
THE BANKSTERS ALLOWED TO CORNER THE SILVER MARKET? -
DO THE BANKSTERS HAVE MORE RIGHTS THAN THE HUNT BROTHERS? -
TO CORNER THE SILVER MARKET? -
ARE THE MARKET ALLOWED TO BE CORNED ON THE DOWNSIDE? -
BUT NOT ALLOWED TO BE CORNED ON THE UPSIDE? -
ARE THE BANKSTERS THE KINGS AND EMPERORS IN USA WITH SPEC. RIGHTS
TO RIDE WITH SPECIAL BOLSHEVIKS LAWS? -
FIRE ALL POLITICIANS THE PEOPLE DON'T NEED? -
DO THE PEOPLE NEED ANYONE OF THE 666 EVILS?
HAVE THE USA BECOME THE NEXT USSR? - WITH -
SUPER RED BOLSHEVIKS BANKSTERS COMMISSARS -
IS US THE COPYCAT OF USSR? -
IS IT THE PEOPLE WHO WANT THE US TO BE USSR?
btw.
the above Q.s are only a few of the reflexion going on
in my mind when I read the below link -
thanks for the info -
JP Morgan Admits To, Reduces Massive Silver Short Position, Proves Millions Of Conspiracy Theorists Correct
Be sure to read comments at end....Something seems off to me ,or just to good to be true!!
http://www.zerohedge.com/article/jp-morgan-admits-defeat-cuts-silver-short-position-proves-millions-conspiracy-theorists-abso
We need to crash the entire Federal Reserve -
Crash JP Morgan Buy Silver (*)
http://maxkeiser.com/
CUSIP# - importance of it
http://bit.ly/f9qBAo
Zionists or no Zionists...the IRS is an abomination on the American people.
http://www.veteranstoday.com/2010/12/05/jb-campbell-jewish-extortion/
by Montanore thanks for info ~<
Btw. please, pass it along >>>>>>>>>>>>>>>>>
TIA
~<
Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin driven, paper sell off on the COMEX is over but physical supply remains limited while demand remains robust, particularly in China, India and wider Asia.
Knowledgeable experts continue to urge investors to own gold and silver due to the likelihood of much higher prices, currency and inflation risk.
One of the most respected global technical and macro strategists in the world, Robin Griffiths has said that silver and gold could rise to $450 and $12,000 per ounce respectively due to the debasement of paper currencies.
Dow Jones to Gold Ratio - 50 Years (Quarterly)
Griffiths was chief technical strategist with HSBC for over 20 years, has 44 years investment experience and now works for Cazenove Capital, one of the oldest investment houses in the world tracing its origins back to the 17th century. It manages money on behalf of blue blooded clients and is widely believed to manage some of the British Royal family's wealth.
When asked by King World News if his $350 target was a realistic price level for silver Griffiths stated, "That is absolutely not unrealistic. If you adjust the old all-time high for inflation...that gives you $450 for silver. Then you add in the fact that they are printing money, you can take it higher than that without any difficulty at all."
Dow Jones Industrial Average - 50 Years (Quarterly)
Griffiths told King World News that "Bulls (bull markets) are very successful at wobbling people out at the wrong time. "
Griffiths has previously said that not owning gold today is a form of insanity and "may even show unhealthy masochistic tendencies, which might need medical attention." (see here)
He has also critiqued the western media's superficial coverage of gold and their resort to Warren Buffett's ignorant comments on gold despite money printing and international currency debasement on a scale never before seen in history .
Meanwhile perhaps the leading commodity expert of our time, Jim Rogers, has said that silver was not and is not a bubble.
Regarding the recent price correction he said, "I don't know what caused it maybe it was short covering, maybe it was rumors. I have no idea." He continued "silver went down a great deal but if you raise margin requirements 150%-200% you would expect something to collapse," he added.
"I hardly see how silver could be a bubble when, even at its top, it's still below its all-time high. That's not much of a bubble."
If it goes to $150 this year, all other things being equal, then I'd say you better sell your silver. If it goes to $150 in 10 years then I would say that's a normal progression up and that's the way things work. But if the U.S. dollar suddenly turns into confetti then you better hold your silver at $200. So it depends on the circumstances and the timing more than anything else.
Since 2003, GoldCore have said that gold and silver would reach their inflation adjusted highs of $2,400/oz and $130/oz. Our estimates appear increasingly conservative especially given the fact that the official inflation statistics have been debased over the years and are not an accurate reflection of real inflation.
Predicting the future price of any asset class is impossible. Predicting that gold and silver will continue to protect against financial and economic shocks and crashes and global currency debasement is possible.
The current correction should be used as another buying opportunity in order to protect against the continuing extraordinary degree of macroeconomic, monetary and geopolitical risk in the world.
In case you missed it. Watch this! -
INFO VIDEO: Naked Short Selling Part 1
http://www.youtube.com/watch?v=Bfi3Hxasm2s
INFO VIDEO: Naked Short Selling Part 2
http://www.youtube.com/watch?v=RYUU2qZOcM0
INFO VIDEO: Naked Short Selling Part 3
http://www.youtube.com/watch?v=taLhQoTvTLw
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIrfhgQPAJ1s.asf
Money Masters: Federal Reserve History part 1 of 3
http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy
Money Masters: Federal Reserve History part 2 of 3
http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy
Money Masters: Federal Reserve History part 3 of 3
http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy
Money, Banking & The Federal Reserve -
http://video.google.ca/videoplay?docid=1349705906064948002&q=gold+money
A must see video clip on the Federal Reserve -
and the current state of the Dollar...
http://www.freedomtofascism.com/blog/2006/12/michael-badnarik-on-federal-reserve.html
A good presentation of market is explaned -
in below link -
http://www.businessjive.com/nss/darkside.html
http://www.ipetitions.com/petition/AFTF_P_1/
To: SEC, U.S. Congress -
Market Reform Petition -
http://www.petitiononline.com/mrktrfrm/petition-sign.html
Whoa! 40 new Sinatures! C'mon everybody -
Spread this around and Lets Get it Off to Congress! -
http://www.petitiononline.com/mrktrfrm/petition.html
by: fish777 - thanks!
TIA!
http://www.goldrush21.com/
http://www.netcastdaily.com/broadcast/fsn2006-1118-1.m3u
http://www.netcastdaily.com/broadcast/fsn2006-1202-2b.m3u
http://www.netcastdaily.com/broadcast/fsn2006-1202-2c.m3u
Those who make peaceful REVOLUTION impossible will
make violent REVOLUTION inevitable.
- John F. Kennedy
Shut Down The Federal Reserve: Save America!
http://www.ipetitions.com/petition/AFTF_P_1/
†With God all things are possible†
by: todd h
ROB-TV in exposing the Gold price suppression scheme -
http://www.youtube.com/watch?v=GbPetrK_6Lc&mode=related&search=
Join GATA -
http://www.GATA.org.
Gold Show -
2007 Vancouver Resource Investment Conference
Vancouver Convention and Exhibition Centre
Sunday and Monday, January 21 and 22, 2007
http://www.cambridgeconferences.com/ch_jan2007.html
The Fiat Money System -
Dr. Bill Veith in studio w/ Alex Jones -
http://tinyurl.com/y3gdzh
Has the 666 destroyed the US$? -
http://globalfire.tv/nj/07en/globalism/us_insolvent.htm
HON. RON PAUL OF TEXAS -
Before the U.S. House of Representatives -
The End of Dollar Hegemony -
http://tinyurl.com/uq9kf
Please pass it along >>>>>>>>>>>>>>>>>>>>>>>>>>>>>
DISCLAIMER
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information
Your opinions are appreciated -
Welcome TIA
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