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Great Panther replaces Tucano inventory | Canadian Mining Journal

Great Panther replaces Tucano inventory
December 15, 2020
Commodities
Gold and silver producer
Great Panther Mining has updated reserves resources for its wholly owned Tucano open pit mine in Brazil. According to Rob Henderson, Great Panther’s president and CEO, the update has successfully replaced this year’s mining depletion at the site and added another year of mine life.
The latest proven and probable reserves total 9.8 million tonnes grading 2 g/t gold, for 629,000 oz. This includes an open-pittable subset of 5.6 million tonnes at 1.67 g/t gold, for a total of 299,000 oz. and an underground inventory of 2.2 million tonnes at 4.13 g/t gold host to 288,000 oz. The headline reserve numbers also include 2 million tonnes grading 0.64 g/t gold in stockpiles.

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