About Great Panther
Great Panther Silver Limited is a primary silver mining and precious metals producer and exploration company listed on the TSX and on the NYSE American. The Company’s wholly-owned mining operations in Mexico are the Topia Mine (or “Topia”), and the Guanajuato Mine Complex (the “GMC”) which comprises the Company’s Guanajuato Mine, the San Ignacio Mine (or “San Ignacio”), and the Cata processing plant. The GMC produces silver and gold concentrate and is located in central Mexico, approximately 380 kilometres north-west of Mexico City, and approximately 30 kilometres from the Guanajuato International Airport.
The Topia Mine is located in the Sierra Madre Mountains in the state of Durango in northwestern Mexico. The mine produces concentrates containing silver, gold, lead and zinc and earns additional revenue from custom milling of third-party ore at its processing facility.
On June 30, 2017, Great Panther completed the acquisition of the Coricancha Mine in Peru. The Coricancha Mine is a gold-silver-copper-lead-zinc mine located in the central Andes of Peru, approximately 90 kilometres east of Lima, and has been on care and maintenance since August 2013. The Coricancha Mine has a permitted and operational 600 tonnes per day processing facility along with supporting mining infrastructure. The Company is presently completing optimization studies and evaluating alternative mining methods to reduce costs and project risk.
Great Panther Silver’s exploration properties include the El Horcón, Santa Rosa and Plomo projects in Mexico; and the Argosy project in Canada. The El Horcón project is located 100 kilometres by road northwest of Guanajuato, Santa Rosa is located approximately 15 kilometres northeast of Guanajuato, and the Plomo property is located in Sonora, Mexico. The Argosy property is located in the Red Lake Mining District in Northwestern Ontario, Canada.
The Company continues to evaluate additional mining opportunities in the Americas.