Friday, February 11, 2022 11:46:48 AM
$TM Great Panther Announces Mineral Resource Estimates for the Topia
Mine and Guanajuato Mine Complex in Mexico
This news release constitutes a "designated news release" for the
purposes of the Company's prospectus supplement dated
October 15, 2021 , to its short form base shelf prospectus dated
September 10, 2021 .
TSX: GPR | NYSE American: GPL
https://www.greatpanther.com/news-media/news/great-panther-announces-mineral-resource-estimates-for-the-topia-mine-and-guanajuato-mine-complex-in-mexico
VANCOUVER, BC , Feb. 11, 2022 /CNW/ -
Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), a growth-oriented precious metals producer focused on the Americas, reports Mineral Resource Estimates ("MRE") for the Company's 100%-owned Topia Mine ("Topia") and Guanajuato Mine Complex ("GMC") in Mexico . The estimates were prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
The Company will file a technical report in respect of each of Topia and GMC, prepared in each case in accordance with NI 43-101, on SEDAR and EDGAR within 45 days of this news release.
Topia Highlights
Measured and Indicated ("M&I") Mineral Resource grade increased 8% to 1,041 silver equivalent grams per ton ("Ag eq g/t"), when compared with the 2018 MRE for Topia .
M&I Mineral Resources decreased 25% to 11.1 million silver equivalent ounces ("Ag eq oz"), when compared with the 2018 MRE.
GMC Highlights
M&I Mineral Resource grade increased 2% to 391 grams Ag eq g/t when compared with the 2020 MRE for GMC.
M&I Mineral Resources decreased 36% to 7.7 million Ag eq oz when compared with the 2020 MRE.
Topia Mineral Resource Estimate Update
Topia lies northwest of Durango and is a silver ("Ag"), gold ("Au"), lead ("Pb"), zinc ("Zn") district with a central concentrator plant capable of processing 260 tonnes per day ("tpd"), supporting multiple mine headings on precious and base metal veins. Topia has been in the Great Panther portfolio since 2005 and has cumulatively produced 9.5 million silver equivalent ounces (comprised of silver and gold) plus 17,574 tonnes of lead and 23,592 tonnes of zinc.
The MRE for Topia has an effective date of March 31, 2021 . Compared to the previous MRE with an effective date of July 31, 2018 , grades have significantly increased with M&I grades increasing 32% for silver, 37% for gold, 14% for lead and 11% for zinc. The higher-grade ore, however, is associated with an overall decrease of 30% in tonnes and 25% in silver equivalent ounces. Key factors that varied during the three-year period since the last MRE were the increase in mining costs, metal price variations and mine depletion, which totalled 3.7 million Ag eq oz.
Measured and Indicated Mineral Resources are estimated to contain 331,800 tonnes at 609 g/t Ag, 1.84 g/t Au, 4.40% Pb, and 4.50% Zn and Inferred Mineral Resources are estimated to contain 274,600 tonnes at 592 g/t Ag, 1.44 g/t Au, 3.35% Pb, and 3.63% Zn. The MRE for Topia is summarized below in Table 1.
https://www.greatpanther.com/news-media/news/great-panther-announces-mineral-resource-estimates-for-the-topia-mine-and-guanajuato-mine-complex-in-mexico
SPROTT: This Is Why Gold Will Break Out To Higher Levels
February 08, 2022
https://kingworldnews.com/sprott-this-is-why-gold-will-break-out-to-higher-levels/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs
)
Mine and Guanajuato Mine Complex in Mexico
This news release constitutes a "designated news release" for the
purposes of the Company's prospectus supplement dated
October 15, 2021 , to its short form base shelf prospectus dated
September 10, 2021 .
TSX: GPR | NYSE American: GPL
https://www.greatpanther.com/news-media/news/great-panther-announces-mineral-resource-estimates-for-the-topia-mine-and-guanajuato-mine-complex-in-mexico
VANCOUVER, BC , Feb. 11, 2022 /CNW/ -
Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), a growth-oriented precious metals producer focused on the Americas, reports Mineral Resource Estimates ("MRE") for the Company's 100%-owned Topia Mine ("Topia") and Guanajuato Mine Complex ("GMC") in Mexico . The estimates were prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
The Company will file a technical report in respect of each of Topia and GMC, prepared in each case in accordance with NI 43-101, on SEDAR and EDGAR within 45 days of this news release.
Topia Highlights
Measured and Indicated ("M&I") Mineral Resource grade increased 8% to 1,041 silver equivalent grams per ton ("Ag eq g/t"), when compared with the 2018 MRE for Topia .
M&I Mineral Resources decreased 25% to 11.1 million silver equivalent ounces ("Ag eq oz"), when compared with the 2018 MRE.
GMC Highlights
M&I Mineral Resource grade increased 2% to 391 grams Ag eq g/t when compared with the 2020 MRE for GMC.
M&I Mineral Resources decreased 36% to 7.7 million Ag eq oz when compared with the 2020 MRE.
Topia Mineral Resource Estimate Update
Topia lies northwest of Durango and is a silver ("Ag"), gold ("Au"), lead ("Pb"), zinc ("Zn") district with a central concentrator plant capable of processing 260 tonnes per day ("tpd"), supporting multiple mine headings on precious and base metal veins. Topia has been in the Great Panther portfolio since 2005 and has cumulatively produced 9.5 million silver equivalent ounces (comprised of silver and gold) plus 17,574 tonnes of lead and 23,592 tonnes of zinc.
The MRE for Topia has an effective date of March 31, 2021 . Compared to the previous MRE with an effective date of July 31, 2018 , grades have significantly increased with M&I grades increasing 32% for silver, 37% for gold, 14% for lead and 11% for zinc. The higher-grade ore, however, is associated with an overall decrease of 30% in tonnes and 25% in silver equivalent ounces. Key factors that varied during the three-year period since the last MRE were the increase in mining costs, metal price variations and mine depletion, which totalled 3.7 million Ag eq oz.
Measured and Indicated Mineral Resources are estimated to contain 331,800 tonnes at 609 g/t Ag, 1.84 g/t Au, 4.40% Pb, and 4.50% Zn and Inferred Mineral Resources are estimated to contain 274,600 tonnes at 592 g/t Ag, 1.44 g/t Au, 3.35% Pb, and 3.63% Zn. The MRE for Topia is summarized below in Table 1.
https://www.greatpanther.com/news-media/news/great-panther-announces-mineral-resource-estimates-for-the-topia-mine-and-guanajuato-mine-complex-in-mexico
SPROTT: This Is Why Gold Will Break Out To Higher Levels
February 08, 2022
https://kingworldnews.com/sprott-this-is-why-gold-will-break-out-to-higher-levels/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs
) 
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