Great Panther Silver Reports Silver Production Increase of 3 Percent

Great Panther Silver Limited (TSX:GPR, NYSE:GPL) announced Q1 production from its Guanajuato and Topia operations.

As quoted in the press release:

First Quarter 2013 Highlights (Compared to First Quarter 2012)

• Ore processed was up 36% to 69,540 tonnes;
• Metal production increased 9% to 607,501 silver equivalent ounces (“Ag eq oz”) (at a 60:1 silver:gold ratio);
• Silver production rose 3% to 369,624 silver ounces (“Ag oz”); and
• Gold production saw a 15% increase to 3,144 gold ounces (“Au oz”).

Great Panther Silver’s CEO, Bob Archer, said:

Our focus for the remainder of 2013 will be on grade and cost controls at both operations, advancement of development at San Ignacio and pushing ahead with the drill program at El Horcon.

To view the whole press release, click here.