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BRIEF-Great Panther Provides Update On Tucano Gold Mine And Guidance

Published 2019-10-15, 06:36 a/m
© Reuters.  BRIEF-Great Panther Provides Update On Tucano Gold Mine And Guidance
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Oct 15 (Reuters) - Great Panther Mining Ltd GPR.TO :

* GREAT PANTHER PROVIDES UPDATE ON TUCANO GOLD MINE AND GUIDANCE

* GREAT PANTHER MINING LTD - LOWERING ITS Q4 GUIDANCE FOR TUCANO GOLD MINE TO BETWEEN 39,000 AND 44,000 OUNCES OF GOLD

* GREAT PANTHER MINING LTD - FY GUIDANCE FOR MEXICO HAS ALSO BEEN REVISED DOWNWARD TO BETWEEN 40,000 AND 45,000 GOLD EQUIVALENT OUNCES

* GREAT PANTHER MINING LTD - BEEN DETERIORATION TO SECTIONS OF WEST WALL OF URUCUM CENTRAL SOUTH PIT

* GREAT PANTHER MINING LTD - DETERIORATION TO URUCUM CENTRAL SOUTH PIT INCLUDE FAILURES ALONG LOWER SOUTHERN PORTION OF WEST WALL

* GREAT PANTHER MINING LTD - PIT AND ACCESS ROADS WERE CLOSED, AN ADJACENT HAUL ROAD WAS RE-ROUTED AND STOCKPILES MOVED AWAY FROM PIT

* GREAT PANTHER MINING LTD - INITIATED A FULL GEOTECHNICAL REVIEW OF UCS

* GREAT PANTHER MINING LTD - BASED ON UPDATED GUIDANCE STILL PROJECTING TO DELIVER GROWTH IN PRODUCTION RELATIVE TO Q3 2019

* GREAT PANTHER MINING - PLAN HAS BEEN INITIATED TO RE-SEQUENCE & ACCELERATE PRODUCTION FROM OTHER PITS, PRIMARILY URUCUM NORTH AND URUCUM SOUTH PITS

* GREAT PANTHER MINING LTD SEES FY TOTAL GOLD EQUIVALENT OUNCES 150,000 – 160,000 FOR TUCANO GOLD MINE

* GREAT PANTHER MINING LTD - UPDATE WILL BE PROVIDED WHEN ANALYSIS IS COMPLETE, NO LATER THAN Q1 OF 2020

* GREAT PANTHER MINING LTD - UCS REPRESENTS ABOUT 150,000 OUNCES OF MINERAL RESERVES THAT WERE SCHEDULED FOR PRODUCTION MAINLY IN 2021 AND 2022

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