SILVERBUGS (SILVER)

[NYBob]

Great Panther Intersects New High-grade Mineralization at Tucano; Appoints Vice President Exploration
NYSE American: GPL | TSX: GPR

VANCOUVER, BC, June 23, 2020 /CNW/ -

Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther"
or "the Company") announces initial drill results from the 2020 drill
program at its wholly owned Tucano gold mine in Brazil.
These results are part of an ongoing 55,000 metre, $6.6 million
resource definition drill program focused on both near-mine and
regional targets.
To date, 12,000 metres of drilling have been completed, including
6,000 metres of near-mine diamond and reverse circulation drilling at
the Tapereba (TAP) AB1 and AB3 open pits.
The ongoing drilling is being conducted with three rigs and results
will be incorporated into an updated Resource and Reserve statement due
for release in fourth quarter of 2020.
Drilling rates are expected to advance as Tucano enters the dry season
in July.

Highlights of the near-mine drill program include intervals of
29.4 metres grading 15.99 grams per tonne gold (g/t Au) in hole DD018
and
16.7 metres grading 10.96 g/t Au in hole DD009, as outlined in
Table 1.
A full table of all significant intercepts drilled to date can be found
on the Company's website at

http://www.greatpanther.com/operations/operations-overview/.

Table 1: Highlights from near-mine drilling at the TAP AB1 and AB3 open
pits, Tucano

https://www.greatpanther.com/news-media/news/great-panther-intersects-new-high-grade-mineralization-at-tucano-appoints-vice-president-exploration

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