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Great Panther Silver Releases Results of Prior Coricancha Exploration Drilling and Updates Current Program
Aug. 14, 2017 08:26AM PST
Silver InvestingGreat Panther Silver (TSX: GPR) (NYSE MKT: GPL) (“Great Panther” or the “Company”) is releasing results from the exploration drilling program conducted on the Coricancha gold-silver-lead-zinc-copper property in the central Andes of Peru. Great Panther held the property under option during the period May 2015 to May 2016 but terminated the option before the results could be released. The Company …
Great Panther Silver (TSX: GPR) (NYSE MKT: GPL) (“Great Panther” or the “Company”) is releasing results from the exploration drilling program conducted on the Coricancha gold-silver-lead-zinc-copper property in the central Andes of Peru. Great Panther held the property under option during the period May 2015 to May 2016 but terminated the option before the results could be released. The Company subsequently renegotiated and closed the acquisition of the mine and mill complex and now owns a 100% interest.
Robert Archer, President & CEO, said:
“The initial drilling results at Coricancha demonstrate the potential to extend known zones of high grade mineralization. The high gold and silver grades, good continuity and significant exploration upside all underscore our optimism that Coricancha has the potential to be a new mine for the Company.
While the veins pinch and swell, we have extensive experience in mining narrow widths at our Topia Mine in Mexico. Since closing the acquisition at the end of June, we have embarked on a comprehensive program of technical studies with the objective of returning the mine to production.”
