UPDATE On Panther Mining NYSE: GPL Great Panther
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Posted On: 07/23/2021 2:17:46 AM
UPDATE On Panther Mining NYSE: GPL
Great Panther Mining Limited is a mining stock that explores silver, gold, lead, copper, and zinc ore. These mineral deposits include the Tucano gold mine in Brazil, numerous assets in Mexico, among others. Great Panther recently had to suspend its operations at its Topia mine located in Mexico due to pandemic regulations. But then shortly after, these operations started back up again.
On July 22 nd, Great Panther announced high-grade intercepts from its Tucano mine, at its Urucum North deposit. President and CEO Rob Henderson said, “We are very excited with the exploration results we are seeing from Tucano, which demonstrate the potential for additional near-term gold production. The high grades discovered at Urucum North are encouraging, and we are expediting studies to support a decision to initiate underground production to supplement the open pit feed to the mill. Drilling also identified shallow high-grade mineralization, which we believe will extend the Urucum North pit.”
The URN underground project believes that 40k-50k ounces of gold will be mined every year from the current open pit. With this info in mind, will GPL make your mining stock watchlist ?
https://www.barchart.com/stocks/quotes/GPL/analyst-ratings
Great Panther Mining Limited is a mining stock that explores silver, gold, lead, copper, and zinc ore. These mineral deposits include the Tucano gold mine in Brazil, numerous assets in Mexico, among others. Great Panther recently had to suspend its operations at its Topia mine located in Mexico due to pandemic regulations. But then shortly after, these operations started back up again.
On July 22 nd, Great Panther announced high-grade intercepts from its Tucano mine, at its Urucum North deposit. President and CEO Rob Henderson said, “We are very excited with the exploration results we are seeing from Tucano, which demonstrate the potential for additional near-term gold production. The high grades discovered at Urucum North are encouraging, and we are expediting studies to support a decision to initiate underground production to supplement the open pit feed to the mill. Drilling also identified shallow high-grade mineralization, which we believe will extend the Urucum North pit.”
The URN underground project believes that 40k-50k ounces of gold will be mined every year from the current open pit. With this info in mind, will GPL make your mining stock watchlist ?
https://www.barchart.com/stocks/quotes/GPL/analyst-ratings
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Robert