Great Panther Silver Reports Consolidated Production Results for the Fourth Quarter and Full Year Ended December 31, 2016; Provides Production Outlook on Mexico Operations for 2017
For the annual period, the company's metal production was decreased 7% to 3,884,960 Ag eq oz. Silver production was decreased 14% to 2,047,260 Ag eq oz. Gold production was increased 2% to 22,238 Au oz. Ore processed was steady at 376,739 tonnes. Lead production was 1,034 tonnes compared to 1,198 tonnes a year ago. Zinc production was 1,496 tonnes compared to 425 tonnes a year ago.
For 2017, the company expects a production level of 4.0 to 4.1 million Ag eq oz (at a 70:1 ratio) from its Mexico operations.