Great Panther Postpones Resource Estimate for San Ignacio

Great Panther Silver (NYSE-Amex: GPL; TSX: GPR) has decided to postpone the NI 43-101 compliant mineral resource estimate for the San Ignacio Mine property, Guanajuato, pending further drilling.  As drill results were compiled in anticipation of a NI 43-101, some results were consistent when check assays were performed, but others were not and warranted a more extensive check program.  Keep in mind that this is a recent discovery and that the Company has opted to do it right rather than to do it quickly.  There’s a lot to be said for that and when the results are released, I believe we will find that “patience is a virtue.”

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drill core from select samples was quartered and assayed to compare to the original results and, during this process, it was observed that there was no consistent correlation between the original and check assays.


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