Great Panther Resources Limited

Great Panther Resources Limited

November 02, 2005 15:31 ET

Great Panther Starts Commissioning of Plant at Topia

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 2, 2005) - GREAT PANTHER RESOURCES LIMITED (TSX VENTURE:GPR) is pleased to announce that on Monday, October 31, 2005 the Company began the commissioning of the processing plant at its Topia Silver-Lead-Zinc Mine in Durango, Mexico. The 200 tonne per day plant has been undergoing extensive refurbishing for the past 2 months as Great Panther prepares to place the mine back into production. Mining has already commenced and silver-lead-zinc mineralization is being stockpiled for processing.

The commissioning of the crushing and flotation facilities involves systematic testing of all components of the circuit from both a mechanical and metallurgical standpoint. This process is anticipated to take about 2 weeks to complete and will allow the Company to optimize the efficiency of the plant and maximize recoveries of silver, gold, lead and zinc in the concentrates.

Initially, lower grade mineralization from old mine dumps is being used for the testing procedure, to be followed by an industrial scale test on the re-processing of old tailings material. Once these tests are complete, and depending upon the outcome, the Company will decide whether to continue processing the tailings or switch to the processing of primary mine material.

In anticipation of the start-up of the plant, high grade silver-lead-zinc mineralization from small mines in the district is also being stockpiled on site. This material will be custom milled and will provide additional feed for the plant while the Company rehabilitates the 1522 and Argentina Mines from which it is anticipated that most of Topia's short to mid term production will be derived.

Aspects of the project relating to mining and metallurgy are overseen by Ing. Francisco Ramos Sanchez, Vice-President of Operations for Great Panther and its Mexican subsidiary, Minera Mexicana El Rosario, S.A. de C.V. (MMR). Robert F. Brown, P.Eng. and Vice-President of Exploration for Great Panther and MMR is designated as the Qualified Person for the Topia Project under the meaning of NI 43-101, and has reviewed this news release.


Robert A. Archer, President & CEO

SEC 20-F Statement Filed

Standard & Poor's Listed

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