Mineral Resources Increased 28% At The Topia Mine

VANCOUVER, BC - Great Panther reported that it has completed an updated Mineral Resource Estimate (MRE) in accordance with National Instrument 43-101 for the Company's 100% owned Topia silver-gold-lead-zinc Mine in Durango, Mexico. Highlights: Measured and Indicated ("M&I") Mineral Resources increased by 28% over the four-year period since the previous MRE in 2014, to 475.9 kt grading 461 g/t silver, 1.35 g/t gold, 3.87% lead and 4.06% zinc containing 14,770,000 silver equivalent ounces ("Ag eq oz”); Inferred Mineral Resources decreased by 3% over the same period, to 400.4 kt grading 434 g/t silver, 1.34 g/t gold, 2.86% lead, and 2.97% zinc, containing 10,720,000 Ag eq oz.; Production since the MRE with effective date of November 30, 2014 totaled 221.6 kt, with average grades of 357 g/t silver, 0.67 g/t gold, 2.27% lead, and 3.03% zinc, containing 4,840,000 Ag eq oz.

"We are very pleased to announce a 28% increase in the Measured and Indicated Mineral Resources at the Topia Mine to nearly 15 million silver equivalent ounces," said, James Bannantine, President & CEO.  "The Company was able to increase the resources even after mine depletion over the past four years.  This update provides for a long mine life at Topia and supports the planned increase in processing capacity which is expected to increase 2019 production by approximately 25%.  In addition, the conversion of Inferred Resources and further exploration potential provide a good opportunity to further extend mine life."