Mr. Robert Archer reports
GREAT PANTHER RESUMES FULL OPERATIONS AT ITS GUANAJUATO MINE COMPLEX
Great Panther Silver Ltd. is resuming full operation today at its Guanajuato mine complex following yesterday's announcement of a voluntary suspension of the use of explosives. This suspension was put in place to facilitate continuing investigations in connection with the theft of such material, and to ensure security measures.
The regulatory authorities have completed their on-site inspection and have concurred with the decision of the company to restart regular mining operations. The Cata processing plant was not affected by the suspension of mining activity, and mineral processing continued as usual.
At this time, there have been no judgments or orders by the Mexican regulatory authorities. There remains the potential for administrative action, which could include fines and, possibly, a temporary suspension of the company's explosives permit, which would negatively impact the operations at the affected mine. The company's internal investigation is continuing.
We seek Safe Harbor.
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