El Horcón is a Silver-Gold exploration project is situated 50 kilometres north of the city of Leon (Guanajuato State), in the state of Jalisco, Mexico, approximately 470km northwest of Mexico City.
El Horcón is a historic mining operation but the extent of past production is unknown. The property is located on the northwest trend of the prolific Guanajuato mining camp, and hosts similar silver-gold mineralized epithermal veins to those observed at Great Panther's existing operations. As such, it is within trucking distance to the Company's Cata Processing Plant. El Horcón hosts nine known veins, with the Diamantillo Vein traceable on surface for more than four kilometres. Several underground workings exist, the most extensive of which is the Diamantillo Tunnel.
The principal metals of interest are gold, silver, lead, and zinc. Mineralization occurs along structures, the largest of which is the Veta Madre with a strike length of 5km.
Great Panther Silver owns 100% interest in the project. There are no known environmental liabilities associated with the mineral claims.
NI 43-101 Technical Report on the El HorcónGuanajuato, Mexico | February 20, 2017