08:07 AM EDT, 07/30/2019 (MT Newswires) -- GREAT PANTHER MINING LIMITED (GPR.TO, GPL) reported Tuesday that the first results from in-mine exploration since the company acquired the Tucano Gold Mine on March 5, 2019 are returning high gold grades over notable widths below the existing TAP AB3 open pit. A statement said results from 10 of the first 12 holes have returned intersections such as 15.35 g/t Au over 13.55 metres, including 30.94 g/t Au over 5.35 metres, in hole 19TABDD001; and 13.00 g/t Au over 25.50 metres, including 63.40 g/t Au over 5.00 metres, in hole 19TABDD010.
"These first results from the in-mine drilling are highly encouraging and are the first step in unlocking the potential that we see at Tucano," said Jim Bannantine, President & CEO, in a statement. "We have already made significant operational improvements and gold production is increasing. Exploration of Tucano is a key focus for Great Panther with the objective of increasing the mine life and ultimately enhancing the economics and with the goal of returning significant value for our shareholders."
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