Great Panther Corrects Percentage Changes for Mineral Resource Estimates

Great Panther Silver Ltd. (TSX:GPR,NYSEMKT:GPL) provided a correction to its January 29, 2015 news release, noting that the year-over-year percentage changes for its mineral resource estimates were incorrectly reported.

As quoted in the press release:

There was no error in the reported 2014 resource estimates. The updated Mineral Resource Estimate reported for 2014 at the Guanajuato Mine Complex (‘GMC’) in Guanajuato, Mexico, including updates on the Guanajuato and San Ignacio Mines and the El Horcon Project, remains unchanged. The summary table of the 2014 Mineral Resource Estimate for the GMC can be found on the news release mentioned above.

From the last Mineral Resource Estimate for the GMC (effective date July 31, 2013), the Measured and Indicated classification decreased by 2% (-117,100 Ag eq oz) rather than the 37% increase reported previously. The Inferred mineral resource decreased by 35% (-4,149,250 Ag eq oz) rather than the 22% decrease previously reported. Both categories were impacted by the use of lower metal prices in the current update.

Click here to read the full Great Panther Silver Ltd. (TSX:GPR,NYSEMKT:GPL) press release.