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Great Panther Silver bolsters senior team with Wunder and Peer

Last updated: 17:10 15 Aug 2017 BST, First published: 12:10 15 Aug 2017 BST

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Both men have significant experience of the mining industry

Great Panther Silver Ltd (TSE:GPR) has beefed up its management with the appointment of two experienced mining industry executives.

Matthew Wunder has been hired as vice-president of exploration and has started already. Brian Peer will become vice-president of operations in Mexico from August 20.

A bright future....

"I am really pleased that Matt and Brian have joined us to round out the senior executive team," said Robert Archer, president and chief executive.

"I am confident that, under the new leadership of incoming president and CEO Jim Bannantine, Great Panther has a bright future."

Wunder has 30 years' experience in the mining industry, including 15 years with Noranda Inc.

He has successfully led multiple discoveries throughout the Americas and was recognized and honoured as co-recipient of the Colin Spence award for excellence in global mineral exploration.

Over the coming weeks, he will become the qualified person (QP) for Great Panther's operating mines and development projects, succeeding Robert Brown, who has retired.

Meanwhile, Peer has more than 30 years' mining experience, including 19 years in senior management.

His CV includes, Red Eagle Mining, Alamos Gold, Coeur Mining  and the major Barrick Gold for 10 years.  He has a bachelor of science degree in geology and is fluent in Spanish.

Coricancha results augur well..

Yesterday, Great Panther unveiled results from its Coricancha gold-silver-lead-zinc-copper project in the central Andes of Peru, which underscored the site's potential to be a mine.

The exploration consisted of 33 diamond drill holes in 2015 and 2016 and was conducted before the option was originally terminated before being renegotiated and finally closed this year.

The Coricancha mine complex (CMC), on care and maintenance since 2013, is a fully permitted polymetallic mine that includes an operational 600-tonne-per-day flotation and gold bio-leach plant along with supporting infrastructure.

An updated resource estimate is under way, incorporating all previous drilling and results from all underground sampling by previous owners.

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