$Great Panther Reports Fiscal Year 2021 Financial Results and Reiterates Positive Outlook for 2022 Production of 105,006 gold equivalent ounces with $185.7 million in revenues; 2022 outlook includes return to steady-state production and underground mine portal development in H2
(All dollar amounts expressed in US dollars unless otherwise noted)
$TM Thanks; Great Panther Announces Coricancha Mine Complex Exploration Results March 01 2022 - 05:02PM PR Newswire (US)
Results from the 2021 drill program extend mineralization and indicate good continuity at high grades, confirming the importance of the recently discovered Escondida vein.
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
VANCOUVER, BC, March 1, 2022 /PRNewswire/ -
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 drill results from the Coricancha Mine Complex ("Coricancha"), located in the central Andes of Peru, approximately 90 kilometres east of Lima. A total of 22 holes were completed over approximately 5,219 metres.
What will be the fastest growing mid tier gold miner in next 3 years or so? Maybe GCM.
GCM Mining Corp. (GCM) (TPRFF) owns 44% of ARIS.
Frosting on cake is this, on top of everything else: Unique opportunity for Aris Gold to acquire an initial 20% ownership interest in Soto Norte with an option to increase to 50%
> Soto Norte is one of the word’s largest undeveloped gold projects – hosts Indicated Mineral Resources of 8.5 Moz Au and Inferred Mineral Resources of 3.6 Moz Au2
> Soto Norte has tier 1 scale and economics – independent Feasibility Study3 by SRK, SNC Lavalin, and Minesa prepared for Aris Gold demonstrates production of over 450,000 gold ounces per year at average AISC of US$471/oz from 5.0 Moz Mineral Reserve
> Aris Gold will work hand-in-hand with the local communities to ensure protection of the Soto Norte project’s ecosystem
> With the Marmato Upper and Lower Mines and future 50% ownership of Soto Norte, Aris Gold is on a path to attributable production exceeding 400,000 ounces per year at AISC of approximately US$650/oz
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