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Great Panther Silver reports 'right on plan' production results

Great Panther Silver (TSX: GPR, NYSE American: GPL) CEO Jim Bannantine tells Proactive Investors production results for the first quarter were "a little over a million" ounces of silver, meeting the company's target.

Total metal production from the Guanajuato mine complex and the Topia mine rose 42% to about 1.031mln silver equivalent ounces in the three months. Silver production climbed 35%, while gold output increased 13%.

Bannantine says the mining company had a large year-on-year increase in production from the first quarter of 2017 to the first quarter of 2018 because the company's secondary mine in Mexico was shut for plant refurbishment.

Quick facts: Great Panther Mining Limited

Price: 1.22 CAD

Market: TSX
Market Cap: $430.76 m

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