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Great Panther Mining Ltd GPLDF

Great Panther Mining Limited is a Canada-based precious metals producer focused on the operation of the Tucano Gold Mine in Brazil. The Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt. The Company has three wholly owned mining operations including the Tucano gold mine, which produces gold dore and is located in Amapa State in northern Brazil. In Mexico, Great Panther operates the Topia mine in the state of Durango, which produces concentrates containing silver, gold, lead and zinc, and the Guanajuato Mine Complex (the GMC) in the state of Guanajuato. The GMC comprises the Guanajuato mine, the San Ignacio mine, and the Cata processing plant, which produces silver and gold concentrates. The Company also wholly owns the Coricancha Mine Complex, a gold-silver-copper-lead-zinc mine and processing facility in the central Andes of Peru. It has a portfolio of exploration projects: El Horcon property, Santa Rosa, and Plomo property.


GREY:GPLDF - Post by User

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Post by rznimrodon Jul 28, 2017 12:44pm
324 Views
Post# 26522125

Great Panther Silver Provides Permitting Update

Great Panther Silver Provides Permitting Update VANCOUVER, July 27, 2017 /PRNewswire/ - GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL) ("Great Panther", the "Company") announces that, to the best of its knowledge, it has fulfilled the outstanding condition required by SEMARNAT (the Mexican environmental permitting agency) in connection with the Phase II Tailings Storage Facility ("TSF") at its Topia Mine. The Company has resubmitted the permit application and expects a response within 60 business days. This form of federal regulatory response is standard procedure in the environmental permitting process. "We are pleased with the progress on the permitting process at Topia and we will continue working closely with the Mexican authorities to obtain this permit in a timely manner", stated Robert Archer, President & CEO. "During the response period, we plan to continue normal operations at Topia using the existing Phase I TSF." The Company believes that it will be able to obtain this permit without interruption of operations, but advises that the deposition of dry tailings on the Phase I TSF cannot continue indefinitely and the Company cannot assure avoidance of a disruption. In the event there is a change to the Company's production guidance and cost expectations, a timely update will be provided to the market.
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