Day: November 28, 2019

GREAT PANTHER MINING LIMITED reports that it is revising its fourth quarter production guidance for its Tucano Gold Mine in Brazil to between 31,000 and 33,000 ounces of gold, down from 39,000 to 44,000 ounces. Accordingly, annual consolidated guidance, which includes the Company’s Mexican operations (and Tucano operations from the March 5, 2019 acquisition date), is adjusted to 142,000 – 149,000 gold equivalent ounces, an approximate 6% decrease from the midpoint of the prior production guidance range of 150,000 to 160,000 gold equivalent ounces.

Discovery is focused on advancing a portfolio of silver projects in historic mining districts in northern Mexico, including the Cordero project in Chihuahua state, and the Puerto Rico, Minerva and Monclova projects in Coahuila state.

The net proceeds from the Offering will be used for exploration expenditures on the recently consolidated Panuco-Copala precious metals district in Mexico and for working capital.

Guerrero Ventures Inc. is pleased to announce that it has closed its private placement of 10,000,000 common shares of the Company at a price of $0.10 per Share for gross proceeds of $1,000,000.