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Great Panther Silver Ltd. (TSX:GPR, NYSE:GPL) announced updates from its Topia Silver-Gold-Lead-Zinc Mine in Durango, Mexico.
Great Panther Silver Ltd. (TSX:GPR, NYSE:GPL) announced updates from its Topia Silver-Gold-Lead-Zinc Mine in Durango, Mexico.
As quoted in the press release:
The 2012 Measured & Indicated (“M & I”) Mineral Resources total 156,000 tonnes at 806g/t silver, 1.47g/t gold, 6.48% lead and 4.29% zinc (5.60 million silver equivalent ounces). In addition, RPA estimates 273,000 tonnes of 837g/t silver, 0.8g/t gold, 5.7% lead and 3.9% zinc (9.54 million silver equivalent ounces) in the Inferred category.
Great Panther’s CEO, Robert Archer, said:
Although the total number of ounces is reduced from the last estimate in 2011, we have greater confidence in the current model and there is still a lot of drilling to be done in the future, whereby we are confident that we can add those ounces back in again.
To view the full press release, click here.