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Great Panther Achieves 2020 Guidance with Production of 150,051 Gold Equivalent Ounces

-27%
(1) Gold equivalent ounces for 2020 were calculated using a 1:90 Au:Ag ratio, and ratios of 1:0.0006 and 1:0.0008 for the price/ounce of gold to price/pound of lead and zinc, respectively, consistent with the Company's guidance for the year. Gold equivalent ounces for 2019 were calculated using a 1:80 Au:Ag ratio, and ratios of 1:0.0008 and 1:0.001 for the price/ounce of gold to price/pound of lead and zinc, respectively, consistent with the Company's guidance for the year.
(2) The decline in silver production is attributed mainly to COVID-19 related suspensions of operations in Mexico. Refer to the sections below titled Topia and Guanajuato Mine Complex for further discussion.

Mexico , United-states , Taperaba , Amapar , Brazil , United-kingdom , Vancouver , British-columbia , Canada , Urucum , Mato-grosso-do-sul , Topia

Great Panther Announces Updated Mineral Reserve and Mineral Resource Estimates and Provides Exploration Update at Tucano

Great Panther Announces Updated Mineral Reserve and Mineral Resource Estimates and Provides Exploration Update at Tucano
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TSX:
GPL
VANCOUVER, Dec. 15, 2020 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR; NYSE-A: GPL) ("Great Panther" or the "Company") has completed updated Mineral Reserve and Mineral Resource (MRMR) estimates for its 100% owned Tucano mine in Brazil. This updated MRMR has an effective date of September 30, 2020.
Highlights
Proven and Probable (P&P) Mineral Reserves are now estimated to be 629K gold ounces, of which 299K ounces are open pit reserves. This represents a replacement of depleted reserves since the previous MRMR estimate.

Mexico , United-states , Amarela , Cearar , Brazil , Vancouver , British-columbia , Canada , Urucum , Mato-grosso-do-sul , Mutum , Amazonas