Note; Market Analysis » Just 72 Hours from Anarchy – Bill Holter Just 72 Hours from Anarchy – Bill Holter By Greg Hunter On October 12, 2021 In Market Analysis 4 Comments By Greg Hunter’s USAWatchdog.com
Geo-political and financial analyst Bo Polny has long said “. . . Nothing can stop these people aside from a Biblical intervention from God.” According to Polny’s Biblical cycle and timing charts, that’s exactly what is likely going to happen by the end of the year. It all centers around the value of the U.S. dollar. Polny explains, “Bitcoin, years ago, was under a dollar. Then it was a dollar. Then it was ten bucks. Then it was a hundred, and then it was a $1,000. All they can do is keep bashing it with news and say how horrible it is. Ultimately, the most horrible currency in the world is the U.S. dollar. The U.S. dollar is the root of all evil.
$Great Panther Reports Third Quarter 2021 Production Results and Provides Operational Update TSX: GPR | NYSE American: GPL
UCS pushback activities complete, GMC operational alternatives under review VANCOUVER, BC , Oct. 8, 2021 /PRNewswire/ -
Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), a growing gold and silver producer focused on the Americas, reports production results for the three months ended September 30, 2021 , from its three wholly-owned mines: Tucano in Brazil , and Topia and the Guanajuato Mine Complex ("GMC") in Mexico .
Third Quarter 2021 Production Highlights
Consolidated metal production of 22,444 gold equivalent ounces ("Au eq oz"), inclusive of 18,423 gold ounces ("Au oz") and 280,245 silver ounces ("Ag oz") Total gold production at Tucano of 16,325 Au oz Total silver equivalent production at Topia of 242,028 silver equivalent ounces ("Ag eq oz") Total silver equivalent production at the GMC of 278,073 Ag eq oz Urucum Central South ("UCS") pushback activities completed in late September 2021 "Third quarter production was lower than planned primarily because of low ore tonnage from Tucano. The Tucano mine contractor experienced maintenance issues, which led to poor fleet availability, resulting in lower mined tonnage and a delay in the completion of the UCS pushback activities," stated Rob Henderson , President and CEO of Great Panther. "The delay at UCS was also affected by significantly higher-than-average rainfall. The pushback at UCS is now complete and we are working with our mine contractor to resolve equipment availability issues. During the quarter we stayed the course, however, and continued investing as planned. Stripping activities at TAP AB are advancing and we are executing on our extensive exploration program to position Tucano for future growth and production."
Operational Update
During the quarter, precipitation levels in northern Brazil were approximately 25% higher than historical averages. In September, movement was detected in the west wall of the UCS pit and to ensure safety for workers mining was suspended for four days until conditions were deemed stable. Vertical drains are currently being installed in the west wall of the UCS pit to reduce water levels and are expected to be in place by late November in preparation for the rainy season, typically the first half of the year.
A new mine design has been implemented allowing mining activities to safely continue on the east side of the UCS pit. Strict safety protocols are followed at all times, including radar monitoring for wall movement, prisms and drone surveys, to ensure the health and safety of workers.
Production at GMC and Topia during the quarter was approximately 21% behind plan. The implementation of the new labour laws in Mexico resulted in delays in tonnage mined as contractors adjust to the new requirements. In addition, production at GMC was primarily from historically mined areas and actual tonnages available were lower than estimated.
At GMC, the Company does not expect to receive approval to expand the tailings storage facility ("TSF") prior to reaching the current capacity of the TSF in December 2021 . Contingency plans are being evaluated to process GMC ore at third-party facilities in 2022 and evaluation of longer-term tailings storage solutions are underway.
On August 18, 2021 , the Peruvian government introduced a new Mine Closure Law (Law No. 31347). The new law contemplates increases to the mine closure bond requirement applicable to all mining companies in Peru . Whereas previously companies were required to provide bonds to cover "Final" and "Post-Closure" stages of the Mine Closure Plan, under the amended law the bonding requirement is inclusive of "Progressive Closure" costs (i.e., closure activities during the operation of the mine) for the main components of the mine. The law does not provide details such as specific costs, or the timing of payment or form of collateral to be provided, and these details are expected to be described in new regulations that are expected to be published by mid-November 2021 . Prior to publication of the new regulations, the Company cannot estimate with certainty the amount or timing of incremental closure bond requirements for Coricancha.
As the COVID-19 pandemic continues to evolve, the Company maintains a high degree of vigilance across all its operations. Although cases at the Company's mine sites remain low and vaccinations are progressing, strict health and safety protocols remain in place.
$Gold & Silver Is God’s Money Only Legal Tender for 1000's Years - $26 Silver is a Gift! Thank You Central Banks & Price Manipulators! Lynette Zang - 15,865 views Jul 21, 2021
Drilling on the TAP C open pit further defines continuity of mineralization for resource expansion and regional exploration identifies gold trend within 20 km radius of Tucano mine
$GPL BREAKING NEWS GREAT PANTHER MINING 222% MOVE COMING IN NEXT COUPLE MONTHS BUY NOW DO NOT MISS 461 viewsAug 11, 2021
$Great Panther Mining drill program returns high-grade intercepts from Urucum North Deposit at Tocano Jul 23, 2021
Proactive 42.7K subscribers $Great Panther Mining Limited (TSE: GPR – NYSE American: GPL) CEO Rob Henderson joined Steve Darling from Proactive to bring news the company has seen high-grade results from drilling at the Urucum North Gold Mine Deposit on their Tocano Gold Mine Project.
The company is hoping to see an estimated 40,000 to 50,000 gold ounce per year underground gold mine.
Henderson also shared with Proactive, the latest Production results from the Urucum Central South Gold mine open pit operation.
Exploration drilling has delineated continuity in the underground zone and potential for expanding the open pit
VANCOUVER, BC , July 22, 2021 /CNW/ -
$Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), a growing gold and silver producer focused on the Americas, announces drill results for the Urucum North ("URN") deposit located at its wholly-owned Tucano mine in Brazil .
Rob Henderson , Great Panther's President & CEO commented: "We are very excited with the exploration results we are seeing from Tucano, which demonstrate the potential for additional near-term gold production.
The high grades discovered at Urucum North are encouraging, and we are expediting studies to support a decision to initiate underground production to supplement the open pit feed to the mill. Drilling also identified shallow high-grade mineralization, which we believe will extend the Urucum North pit."
The URN underground project envisions an estimated 40,000 to 50,000 gold ounce ("Au oz") per year
Great Panther is a growing gold and silver producer focused on the Americas. The Company owns a diversified portfolio of assets in Brazil, Mexico and Peru that includes three; operating gold and silver mines,
four exploration projects, and an advanced development project.[/color]
Great Panther is actively exploring large land packages in highly prospective districts and is pursuing acquisition opportunities to complement its existing portfolio.
Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE American under the symbol GPL.
SOURCE Great Panther Mining Limited
For further information: Fiona Grant Leydier, Vice President, Investor Relations, T : +1 604 638 8956, TF : 1 888 355 1766, E : fgrant@greatpanther.com, W :
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