Great Panther Silver announces updates MRE for Topia Mine in Mexico
Great Panther Silver announces that it has completed an updated Mineral Resource Estimate, or MRE, in accordance with National Instrument 43-101 for the Company's 100% owned Topia silver-gold-lead-zinc Mine in Durango, Mexico. Highlights of the updated MRE include: Measured and Indicated Mineral Resources increased by 28% over the four-year period since the previous MRE in 2014, to 475.9 kt grading 461 g/t silver, 1.35 g/t gold, 3.87% lead and 4.06% zinc containing 14,770,000 silver equivalent ounces. Inferred Mineral Resources decreased by 3% over the same period, to 400.4 kt grading 434 g/t silver, 1.34 g/t gold, 2.86% lead, and 2.97% zinc, containing 10,720,000 Ag eq oz. Production since the MRE with effective date of November 30, 2014 totaled 221.6 kt, with average grades of 357 g/t silver, 0.67 g/t gold, 2.27% lead, and 3.03% zinc, containing 4,840,000 Ag eq oz. "We are very pleased to announce a 28% increase in the Measured and Indicated Mineral Resources at the Topia Mine to nearly 15M silver equivalent ounces," stated the company.