Great Panther Silver Adds Mining/Metallurgical
Expertise To Board
GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE Amex: GPL; the
"Company") is pleased to announce the appointment of Ken Major, P.
Eng., to the Board of Directors of the Company.
Mr. Major graduated from McGill University with a degree in Metallurgical
Engineering in 1976. He brings to Great Panther, more than 35 years' of
experience in the mining industry, including mine operations and management
with Sherritt Gordon Mines and Newmont Mining. In
1987, Ken joined Kilborn Engineering in Vancouver
as a Senior Process Engineer and Project Manager. In 1994, Ken became an
Owner/Partner in the start of Rescan Engineering Ltd., an engineering company
providing feasibility study and detailed engineering services to the mining
industry. Rescan Engineering was subsequently acquired by Hatch Engineers and
became the global hub for the development of mining and mineral processing
engineering opportunities. In 2006, Ken left Hatch to become an independent
process consultant, KWM Consulting Inc., and has continued to provide services
to the mining community, including major companies such as Newmont Mining,
Goldcorp and Agnico-Eagle.
"Ken was previously a member of the Company's now-disbanded advisory
board and so has familiarity with Great Panther's Guanajuato and Topia operations. In his new role as director, he will
add ongoing strength to the Company's engineering oversight" said Robert
Archer, the Company's President & CEO. "We are fortunate in having a
person of his extensive experience join us, and welcome him to the Board of
Great Panther Silver."
Mr. Major replaces Malcolm Burne, a former chairman
and director of the Company since 1987.
"After almost twenty-four years with the Company, and having provided
guidance and support to bring it to its current status as a profitable and
rapidly growing silver mining company, Malcolm has decided to retire from its
Board." said Kaare Foy, Executive Chairman,
today. "We thank him and express our appreciation for almost a quarter
century of exemplary stewardship and commitment."
For further information please visit the Company's website at www.greatpanther.com, contact B&D Capital at telephone 604 685 6465, fax 604 899 4303
or e-mail firstname.lastname@example.org.
ON BEHALF OF THE BOARD
Kaare G. Foy
This news release contains forward-looking statements within the
meaning of the United States Private Securities Litigation Reform Act of 1995
and forward-looking information within the meaning of the Securities Act
(Ontario) (together, "forward-looking statements"). Such
forward-looking statements may include but are not limited to the Company's
plans for production at its Guanajuato and Topia
Mines in Mexico, exploring its other properties in Mexico, the overall
economic potential of its properties, the availability of adequate financing
and involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements expressed or
implied by such forward-looking statements to be materially different. Such
factors include, among others, risks and uncertainties relating to potential
political risks involving the Company's operations in a foreign jurisdiction,
uncertainty of production and cost estimates and the potential for unexpected
costs and expenses, physical risks inherent in mining operations, currency
fluctuations, fluctuations in the price of silver, gold and base metals,
completion of economic evaluations, changes in project parameters as plans
continue to be refined, the inability or failure to obtain adequate financing
on a timely basis, and other risks and uncertainties, including those
described in the Company's Annual Report on Form 20-F for the year ended
December 31, 2010 and reports on Form 6-K filed with the Securities and
Exchange Commission and available at www.sec.gov and
Material Change Reports filed with the Canadian Securities Administrators and
available at www.sedar.com.