Great Panther Silver Limited

Fastest growing primary silver producer in Mexico.

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Message: Great Panther Silver Reports First Quarter 2018 Production Results

 

2018-04-10 08:52:55 AM ET (MT Newswires)
   
   

08:52 AM EDT, 04/10/2018 (MT Newswires) -- GREAT PANTHER SILVER LIMITED (GPR.TO, GPL) announced Tuesday production results for the first quarter 2018 from its two wholly-owned Mexican silver mining operations: the Guanajuato Mine Complex, which includes the San Ignacio Mine, and the Topia Mine in Durango.

Among first quarter 2018 production highlights (compared to first quarter 2017): consolidated metal production increased 42% to 1,031,937 silver equivalent ounces; silver production increased 35% to 491,063 silver ounces; gold production increased 13% to 5,831 gold ounces ("Au oz"); and ore processed increased 17% to 96,869 tonnes milled.

 

"Great Panther's first quarter production improved significantly compared to the first quarter last year when the Topia plant was suspended for planned upgrades," said James Bannantine, President & CEO. "To date in 2018, our Mexican operations are performing steadily, with production in line with annual guidance, and we are continuing to make progress on the technical evaluation of the Coricancha Mine in Peru."

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