Resumption Of Mining In Tucano's UCS Pit


VANCOUVER - Great Panther Mining Limited reported that mining of ore has recommenced in the Urucum Central South (UCS) open pit of the Company's Tucano Mine in Brazil. "I am pleased to report that mining of ore has resumed ahead of schedule in the Urucum Central South pit as the conditions affecting the stability of the west wall have improved significantly," said, Robert Henderson, President and CEO. "The radar measurements of the west wall have shown a considerable reduction of movement compared to the earlier levels recorded over the past two months, and improved weather conditions are resulting in greater wall stability. Although the delay in safely accessing ore from UCS resulted in low production for the second quarter, production has begun ramping up in July and the higher grade ore not mined in the second quarter will be mined in upcoming quarters."

Operations have removed approximately 1.4 million tonnes of unstable weathered waste material from the upper west wall of the UCS pit and have improved water drainage in the upper oxide area of the deposit while pushback activities continue. A further 1.2 million tonnes of waste material is expected to be removed as part of the designed pushback. Strict safety protocols are being followed to ensure continued health and safety of workers, which includes radar monitoring for wall movement, prisms and drone surveys.