09:51 AM EDT, 09/05/2018 (MT Newswires) -- GREAT PANTHER SILVER LIMITED (GPR.TO), down nearly 2% this morning, provided an update on the progress of the trial stope and bulk sample program (BSP) at its 100% owned Coricancha precious metals underground mine n Peru.

The BSP will process about 6,000 tonnes of material and is expected to be completed in the first quarter of 2019. Its objective is to validate key mine and process plant operating parameters used in the company's PEA announced on May 31, 2018, and further de-risk Coricancha. Following the completion of the BSP, GPR expects to make a decision in early 2019 on whether to commence the restart of Coricancha.

To date, 160 metres of decline access has been advanced, representing 35% of the project total, and is ahead of schedule. The development has reached mineralization at the Constancia vein, GPR said.

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