GREY:GPLDF - Post by User
Post by
ontheDLon May 01, 2011 9:49pm
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Post# 18515668
exploration drilling
exploration drillingThe company's exploration drilling from the fourth quarter atGuanajuato extended silver-gold mineralization below the current levelof mining, down to the 245 metre level, while drilling at Topiasignificantly increased resources.
Drill results from its SanIgnacio property, located on a vein system that runs parallel to thestructure that hosts Guanajuato, have also continued to expandsilver-gold mineralization. A permit application process for San Ignaciois underway, with a resource estimate expected in the second quarter,the company said.
Looking ahread, Great Panther aims toaccelerate production to 3.8 million ounces of silver equivalent in2012. The company's shares rallied nearly 4.5% on Thursday to trade at$3.96 as of 11:31am EST.
one of the fastest growing primary silver producers in Mexico