Great Panther purchases silver-gold project in Mexico
By: Stockhouse Editorial
Great Panther Silver Ltd. (TSX: T.GPR, Stock Forum) has purchased the El Horcon silver-gold project in Mexico from Compania Minera El Dore, S.A. de C.V., a private Mexican company, for total consideration of US$1.6 million in cash.
El Horcon, located in Jalisco State, covers 7,908 hectares in 17 contiguous mining concessions and is located 60 kilometres northwest of Great Panther's Guanajuato mine complex. As such, it is within trucking distance to the company's Cata Processing Plant.