Great Panther Reports Gold, Silver Intercepts from San Ignacio

Great Panther Silver Ltd. (TSX:GPR,NYSEMKT:GPL) announced high-grade gold and silver intercepts from six holes completed at its San Ignacio satellite mine. They are the first holes completed for the current program.

As quoted in the press release:

Results are highlighted by a 7.45 metre (5.26 metre true width) intersection of 1,133g/t silver and 6.86g/t gold in hole ESI14-120. This zone contained a 0.5 metre section of mineralization that assayed 11,951g/t silver and 48.2g/t gold, the highest assays ever received from the San Ignacio property.

The first hole in the program, ESI14-117, returned an intercept of 244g/t silver and 7.42g/t gold over 8.95 metres (7.75 metre true width), while hole ESI14-118 returned 130g/t silver and 4.94g/t gold over 7.70 metres (6.98 metre true width), both in the Intermediate vein. These holes appear to represent the southerly strike extension of the mineralization in 2013 hole ESI13-106 that returned 24.60 metres (15.81 metres true width) of 263g/t silver and 7.27g/t gold.

Robert Archer, president and CEO of Great Panther, commented:

This is an exceptional start to the drill program. While we were confident of extending the mineralization to the south of the existing resource block, many of these intercepts are of grades and widths better than those within the Mineral Resource Estimate for the Intermediate vein.

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