About Great Panther
Great Panther is a growing gold and silver producer focused on the Americas. The Company owns a diversified portfolio of assets in Brazil, Mexico and Peru that includes three operating gold and silver mines, four exploration projects, and an advanced development project. Great Panther is actively exploring large land packages in highly prospective districts and is pursuing acquisition opportunities to complement its existing portfolio. Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE American under the symbol GPL.
Tucano is located in Amapá State in northern Brazil. The mine is approximately 200 kilometres from Macapá, the state capital. It is currently the third largest gold producer in Brazil, expected to produce 120,000 to 130,000 ounces of gold in 2020 from several open pit mines. Ore is processed through SAG mill and CIL infrastructure, capable of treating sulphide ore. Great Panther acquired the mine in March 2019.
The Guanajuato Mine Complex 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.
Topia 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 revenue from custom milling of third-party ore at its processing facility.
On June 30, 2017, Great Panther completed the acquisition of Coricancha in Peru. Coricancha 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. Coricancha has a permitted and operational 600 tonnes per day processing facility along with supporting mining infrastructure. The Company also completed a Bulk Sample Program in June 2019.
Great Panther Mining'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 focus on the Americas.