SILVERBUGS (SILVER)

[NYBob]

Great Panther Files NI 43-101 Technical Report for the Tucano Gold
Mine and Provides Update on Exploration Strategy and Programs for 2021
TSX: GPR | NYSE American: GPL

(All dollar amounts expressed in US dollars unless otherwise noted)
VANCOUVER, BC , Jan. 29, 2021 /CNW/ -

Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL)
("Great Panther" or the "Company") announces today it has filed the
"Technical Report on the 2020 Mineral Reserves and Mineral Resources of
the Tucano Gold Mine, Amapa State, Brazil " ("Technical Report").
The Technical Report supports the Company's updated Mineral Reserve and
Mineral Resource estimate ("MRMR") for Tucano announced by news release
on December 15, 2020.

The Technical Report has an effective date of September 30, 2020 , and
is available on SEDAR at www.sedar.com and on the Company's website at
http://www.greatpanther.com ,


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2021 Exploration Programs and Exploration Strategy Update

"Our 2020 exploration programs were successful in extending the existing
open pit mine life at Tucano and adding significant resources to our
mineral inventory for the Guanajuato Mine Complex", stated
Rob Henderson , President and CEO.
"2021 will represent a significant increase in our exploration efforts
with a planned record of 90,000 metres of drilling representing a
$13 million investment.
Our key objectives will be to continue to extend the Tucano open pit
mine life, further prove up the underground with a view to extending
the high-grade zones, and make meaningful inroads into key targets in
the expansive Tucano regional land package.
Building on our 2020 exploration success in Mexico will also
be a key focus for this year."

The Great Panther exploration strategy is built on the objective of
result driven exploration programs leading to resource replacement and
near-mine growth, and longer-term organic growth through regional
exploration.

The following outlines Great Panther's 90,000 metres ("m") drilling
program for 2021.

Drilling Program

https://www.greatpanther.com/news-media/news/great-panther-files-ni-43-101-technical-report-for-the-tucano-gold-mine-and-provides-update-on-exploration-strategy-and-programs-for-2021