CashInfo.org

CashInfo.org on Great Panther :

BUY below CAD$ 0,88

Great Panther Silver Ltd. Interactive Chart (Toronto GPR)

Great Panther News

June 8 2010 : Great Panther Updates Los Pozos and Santa Margarita Development, Plus Rayas Deep Drilling Program at Guanajuato

Great Panther Interactive Chart (Frankfurt G3U)

Great Panther Projects

Topia Mine: The Topia Silver-Lead-Zinc property is located in the heart of the Topia Mining District in west-central Durango State, Mexico. The property is accessible by road from the city of Durango by traveling north for approximately 200 km on paved Highway 23, and west for 150 km on a paved and gravel road to the town of Topia. The town is presently served by daily small-aircraft flights to the city of Culiacán, which lies 100 km to the southwest. Topia is the principal centre for the area with schools, shops, a small hospital, and public telephone and internet access.

The property consists of four discrete blocks of mineral exploitation concessions covering 6,438 hectares. The concessions are 100%-owned by Great Panther’s Mexican subsidiary, Minera Mexicana El Rosario, SA de CV (MMR). In February of 2005, MMR exercised its option to earn a 100% interest in the bulk of the concessions. There is no underlying Net Smelter Royalty on the property.

Historical Production
The Topia Mining District is one of the oldest in Mexico, the discovery of silver dating back to 1538. Artisanal mining continued for centuries until the Topia Silver Mine was opened in 1952 by Minera Mexicana Peñoles, now Mexico’s largest silver producer. Peñoles built a 200 tonne per day mill on site and operated the mine continuously until 1989. A private company continued production on a small scale until 1999. Total historical production for the district has been estimated at 30 million ounces of silver. The recorded production for 1952-1999 exceeds 15 million ounces of silver, as well as 18,500 ounces of gold, 48,000 tonnes of lead and 44,500 tonnes of zinc. The on-site mill complex treated the ore and produced lead and zinc concentrates that were shipped to the Peñoles smelter in Torreon. Records for Peñoles’ 38 years of production indicate average mill head grades of 437 g/t silver, 0.87 g/t gold, 3.9% lead and 4.2% zinc. Overall average metal recoveries were silver-86%, gold-55%, lead-94% and zinc-85%.
Source: Company website, Visit for more information about the Topia Mining Project

Guanajuato Mines: The Guanajuato Mines property is located in the State of Guanajuato, Mexico, on the outskirts of the colonial city of Guanajuato, which also serves as the state capital. The city is located 380 km by road northwest of Mexico City and is serviced by an international airport located close by near the city of Leon. Guanajuato was for centuries one of the most affluent cities in Mexico. Countless riches poured out of its silver mines, providing the funds for monumental construction projects throughout the colonial era and leaving a cultural and architectural legacy that continues to draw visitors from all over the world.

The Guanajuato Mining District is one of the most prolific and best known silver districts in the world. Silver was discovered in 1548, and estimates of historic production range from 700 million to 1.5 billion ounces of silver, as well as 4 to 7 million ounces of gold. During the 18th century, the district was reportedly producing one-third of the world’s silver. The three principal mines in Great Panther’s portfolio, Valenciana, Cata and Rayas, are situated on the main Veta Madre (Mother Lode) structure that trends northwest-southeast through the district for at least 25 kilometres. The Valenciana Mine was once said to be the richest silver mine in the world. Bonanza-style mineralization in the Veta Madre structure in this historic mine was often considered as “direct shipping ore” (to the smelter) as the grades exceed those of the concentrates produced from average ore in the flotation plant.

The main claim block covers more than four kilometres of strike length along the Veta Madre and contains 25 shafts, 4 winzes (internal shafts) and more than a hundred kilometres of underground workings. The main shaft at each of the aforementioned mines is currently operational with ore being hoisted up the central Cata shaft where the mill plant that services the mines (1,200 tonnes per day capacity) is located. A fourth mine, San Ignacio, located in the La Luz district, only a few kilometres away, is being be re-evaluated for its potential to support a new mining campaign.
Source: Company website, visit for more information about the Guanajuato Project

San Antonio: The San Antonio Gold-Copper Project lies within the well-known Guadalupe y Calvo Mining District in southwest Chihuahua. It comprises 5 exploitation concessions that total 643.7 hectares and 2 exploration concessions encompassing 11,666 hectares.

The property is 375 km by road from the city of Hidalgo del Parral, one of Mexico’s major mining centres. Access is via paved highway for 255 km from Parral to the town of Guadelupe y Calvo, and north on an unsurfaced road for 90 km to the town of Baborigame. The property lies 25 kilometres north of Baborigame and accessed via logging and ranch roads. Guadalupe y Calvo is the municipal government and commercial centre for the region, and Baborigame contains all of the basic services such as phone, food, lodging and fuel.
Source: Company website, visit for more information about the San Antonio Project