Great Panther Updates Drill Results at San Ignacio

Great Panther Silver (NYSE-Amex: GPL; TSX: GPR) has delineated seven silver-gold mineralized zones at San Ignacio as a result of its 2010-2011 diamond drill programs.  The first nine holes returned a high degree of grade variability, resulting in significantly improved quality assurance procedures as well as re-logging, re-assaying, and twinning of several of the holes. 

Of primary importance are the Melladito and the three Intermediate zones with significant mineralization up to three metres in true width. Of holes ESI11-010 to ESI11-024, holes ESI11-010 to 013 tested the north end of the various structures; holes ESI11-014, 016 and 017 were twin holes; holes ESI11-015 and ESI11-018 to 021 were fill-in holes; and ESI11-022 to 024 were drilled on the southern extensions of the structures where surface mapping and sampling indicates that the mineralized zones continue in this direction. The mineralized zones have been delineated by drilling for a total strike length of 300 metres and ongoing surface and underground mapping and sampling in old workings has extended the mineralized structures at San Ignacio a further 400 metres south of the above drilling.

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