Great Panther Silver meldet 19% Anstieg there Metall Production 2013


Great Panther Silver meldet 19% Anstieg there Metall Production 2013

Vancouver, British Columbia, 14. January 2014. Great Panther Silver Ltd. (TSX: GPR; NYSE MKT: GPL; WKN: A0Y H8Q) (“The company”) announced today the production results for the fourth quarter and the full year 2013 its two to 100% own Mexican silver mining operations, Guanajuato und Utopia, known.

Highlights 2013 (compared with 2012)

• The processed ore increased by 23% to a record 283.608 Tons;

• there is a record metal production was of 2.840.845 Ounces of silver equivalent (“oz Ag-AQ”) achieved, an increase of 19% and an annual record;

• Silver production rose by 10% to a record level of 1.711.215 Ounces of Silver (“oz Ag”); and

• Gold production increased by 44% to a record level of 15.714 Oz (“oz Au”).

Highlights of the fourth quarter (compared to the fourth quarter 2012)

• The processed ore increased by 3% on 69.601 Tons;

• the metal production increased by 14% on 763.881 oz Ag-AQ;

• Silver production rose by 7% on 484.936 oz Ag; and

• Gold production increased by 37% on 3.880 oz Au.

“We look forward, in addition to a strong fourth quarter with a record silver production, for 2013 report a strong growth and record metal production,” said Robert Archer, President and CEO. “The consolidated metal production of our two companies exceeded our production target for the year to 14%. Silver grades have improved further in the fourth quarter due to the continued strong content control and focusing on the reduction in higher grade areas.”

“I want to thank the operations teams at Guanajuato and Topia for, that they have delivered exceptional results. While the industry has continued to deal with a difficult metal price environment, have sustained improvements in efficiency, the content control and the reduction of the cost of our operations in addition to the expected production commencement in San Ignacio for promising growth outlook for Great Panther in 2014 taken care of.”

To view the entire press release, please follow the link:

(1) Silver equivalent ounces for 2013 were in November 2012 using prices from 28 USD/oz, 1.680 USD/oz (Ratio of 60:1), 0,85 USD / pound and 0,85 USD / pound for silver, Gold, Lead & Zinc for the recoverable metal content of concentrates, produced in the two operations, placed.

Guanajuato Minenkomplex

In the 4. Quarter of Guanajuato operation processed 55.547 t, an increase of 10% compared with the same period 2012. Ore grades amounted to yourself 202 Gramm/Tonne (“g/t”) Silver and 2,26 g/t Gold. Die Metall Production Betrug rekordhohe 330.949 ounces of silver and 3.750 oz Gold bzw. 555.933 oz Ag-AQ, which represents an increase of 21% compared with the same period 2012 means.

The metallurgical performance of the plant was the highest, the company has achieved on a quarterly basis. The metal yields were 91,7% for silver and 92,9% für Gold.

To view the entire press release, please follow the link:

(1) Silver equivalent ounces for 2013 were in November 2012 using prices from 28 USD/oz, 1.680 USD/oz (Ratio of 60:1), 0,85 USD / pound and 0,85 USD / pound for silver, Gold, Lead & Zinc for the recoverable metal content of concentrates, produced in the two operations, placed.

The Cata and Santa Margarita mines of Guanajuato Mine Complex metal stand with regard to production and levels out again. In addition, the metal production and the contents of the Los Pozos mine have improved due to a mineral resource interpretation and mining exploration development. The silver grades have in the course 2013 shown constant improvement, but the average level was still below that of the 2012. Gold grades in 4. Quarter and full year showed remarkable improvement compared to last year, mainly due to the increased production of gold-rich Santa Margarita Mine.

The exploration development in the quarter yielded significant silver-rich sections in the upper levels of the mineral resources of Santa Margarita, Wells und Guanajuatito. Consequently, the mine production from these areas played an important role in enhancing the silver content and the increase in metal production.

After the scale-up of the mineral resource of Guanajuatito the access ramp, the level 268 m and reaches to level 285 m achieve this quarter production starts. It was also an exploration cross-cut of the Cata main ramp at the level 540 created m, to the projection of the Erzstruktur at depth – as it presents itself according to the last Explorationsbohrergebnisse – to cut and to further define.

The Rayas shaft of Guanajuato has the normal operation of the 4. Recorded quarter after the restoration project again, which reduces the transport time of its staff to jobs and improving operational efficiency. After the end of the 4. Quarter of repair work on the Cata shaft have begun. The restoration project was planned, that the transport of ore can continue.

Topia Mine

In the 4. Quarter dropped the processed ore at Topia to 18% on 14.054 t compared to the same period 2012. Concentrations were at 376 g / t silver, 0,49 g/t Gold, 2,17% Lead (“Pb”) and 3,07% Zinc (‘”Zn”). The metal production was up 153.988 oz Ag, 131 oz Au, 286 t Pb und 402 t Zinc bzw. overall 207.948 oz Silberäquivalent, which is a reduction of 3% compared with the same period 2012 is. The metallurgical performance of the system improved with metal yields of 90,6% for silver, 58,6% für Gold, 93,8% Lead and 93,2% for zinc.

To view the entire press release, please follow the link:

(1) Silver equivalent ounces for 2013 were in November 2012 using prices from 28 USD/oz, 1.680 USD/oz (Ratio of 60:1), 0,85 USD / pound and 0,85 USD / pound for silver, Gold, Lead & Zinc for the recoverable metal content of concentrates, produced in the two operations, placed.

During the quarter, the metal production of Topia came primarily from the 1522, Durangueno and Argenina Minen. Production Strossenbau along the silver-rich San Gregorio and El Rosario veins yielded a significant contribution to the production and the contents. Silver grades to increased 18% compared with the same period 2012. The mine exploitation sees continued challenges, terms of Erzkonsistenz the veins and unsuitable host rock, thereby increasing the dilution. The company focuses on areas with consistently higher levels and better vein widths.

The processing plant was improved by the installation of a new cone crusher. Thus, the crushing capacity of the plant is increased, the size of the spent ore to the mill is reduced and also the maintenance costs. In addition, some cranes were installed at the processing plant, to carry out maintenance work and to improve the efficiency.

The Tailingsdamm Topia is subjected to geotechnical studies, including geological, geophysical and soil mechanical investigations, aimed, To provide guidance on increasing the capacity of the settling tank. This study aimed at 1. Quarter 2014 be completed.


By the end of the fourth quarter at the access ramp at San Ignacio were more than 130 m completed development. The ramp development was delayed due to the presence of loose rock in connection with a break, which made necessary an additional rock protection.

However, the break put a portion of the intermediate artery, the primary production target, open and there was an exploration level of the access ramp created, to define the mineralization from this height. By the end of the quarter were 1.082 Tonnes of ore grading 121 g / t Ag and 2,11 g / t Au mined and transported to the processing plant in Guanajuato. The ore is stored, until a sufficient quantity is reached for processing campaign, To test the metallurgical properties of the ore. Additional exploration cross-cuts will hit at different levels of the access ramp from, the continuity of the intermediate artery to confirm the depth.

Significant progress has been made in San Ignacio with respect to the supporting surface infrastructure. The access road to the portal of the mine was completed, a diesel fueling station was installed on site, to supply the mine equipment, and the construction of the electrical distribution station is in progress. The landfill has been completed and the workshop for mechanical services is under construction. In addition, water was- laid and compressed air lines, to supply the mine equipment.

An infill was completed in the fourth quarter, to update the upper part of the intermediate artery (see news release dated 17. December 2013 for more details).


An estimate of mineral resources for the Diamantillo-, Diamantillo-HW-, San Guillermo- Natividad-und Adern, the total 214.402 Tonnes 3,22 g/t Gold, 68 g / t silver and 2,36% Includes lead, was completed (see press release dated 22. October 2013). It will continue to work towards the necessary government approvals, to enable further exploration and development. Das Projekt hat das Potential, to become a satellite operation of the Guanajuato Mine of the Company and to compensate for the free capacity of the Cata-processing plant.


It is expected, that the entire metal production 2014 gradually increased during the year, while San Ignacio goes into operation. The project is the production in the first half of 2014 at a rate of 100 Record tons per day, on to the end of the year 250 Is expected to rise tonnes per day. To add this to a constant production of Guanajuato Mine Complex and the Topia Mine, so the company expects, the entire production 2014 by about 10% on 3,1 to 3,2 To increase million oz AgEQ.

Da Edelmetallpreise 2013 have fallen significantly, the company has increased its focus on improving and strengthening the operational efficiency of its mining. The cash cost planning will be published with our message about the year-end results, which is expected in early March.

Über Great Panther

Great Panther Silver Limited is a primary silver production- and exploration companies, which is listed on the Toronto Stock Exchange under the symbol GPR and on the NYSE Amex under the symbol GPL. The company operates two to 100% own mines in Mexico – Utopia und Guanajuato. Great Panther is attending, his project of San Ignacio with a view to starting production in the first half of 2014 to develop and has two exploration projects – The Santa Rosa und Horcon. The company is also pursuing other mining opportunities in Latin America with the aim of, to expand its portfolio of mineral projects.

For more information, please visit the Company's website at

This release contains forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together “forward-looking statements”). Able to such forward-looking statements include the production plans for the Guanajuato and Topia Mines in Mexico, the plans for the exploration of other properties in Mexico, the full economic potential of the property and access to adequate financing include. It also may involve known and unknown risks, Uncertainties and other factors, which may cause, the actual results, Performance and achievements of those in such forward-looking statements expressed or implied to differ significantly. Such factors include, among others, risks and uncertainties relating to potential political risks involving the company's operations in foreign jurisdictions, Uncertainties in the estimates of production costs and the potential for unexpected costs and expenses, physical risks inherent in mining, Currency fluctuations, Fluctuations in the price of silver, Gold and base metals, the completion of economic evaluations, Changes in project parameters for the optimization of the plans, the inability or failure to obtain adequate financing on a timely completion and other risks and uncertainties, including the annual report of the Company for the year ended 31. December 2012 year ended and filed with the Canadian Securities Administrators and available at and reports significant changes in documents filed with the Securities and Exchange Commission at and comprehensible reports on Form 40-F and Form 6 - .

For the contents of the press release alone, the company is responsible. It was neither of the TSX Venture Exchange, under consideration by a third party. The German version can be shortened or summarized. There is no responsibility or liability: for the content, for the accuracy, the adequacy or accuracy of this translation over. From the perspective of the translator, the message does not buy- or sell recommendation is! Please note which filings at or. or on the company website!

For more information, contact:

Robert Archer
Präsident und Chief Executive Officer

Rhonda Bennetto
Vice President for Corporate Communications

German investors:
Metals& Mining Consult Ltd.
Tel.: 03641 / 597471

For the correctness of the translation is any liability assumed! Please note original English message!


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