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Great Panther Silver CEO says Coricancha PEA results indicate its a 'robust' economic project

Great Panther Silver Ltd (TSX:GPR; NYSE:GPL) CEO James Bannantine tells Proactive Investors hes 'very happy' with the results of the preliminary economic assessment (PEA) done for its Peru project, which showed robust numbers and low capital costs

Coricancha is a gold-silver-lead-zinc-copper underground mine and mill complex, 90 km east of the capital Lima. Bannantine added the PEA confirms the potential for average annual production of three million silver-equivalent ounces and estimates an after-tax internal rate of return in excess of 80%.

Quick facts: Great Panther Mining Limited

Price: 0.75 CAD

Market: TSX
Market Cap: $233.53 m

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Great Panther Mining announces very positive drill results from Tucano Gold Mine

Great Panther Mining (TSE: GPR-NYSE American: GPL) President and CEO Jim Bannantine dropped into the Vancouver studio of Proactive to give Steve Darling the first results from in-mine exploration since the Company acquired the Tucano Gold Mine. Bannantine talks about how many holes they...

on 07/30/2019

2 min read