Great Panther Silver Limited is a silver mining and exploration company. The Company�s business is to sell metal concentrate and by-product concentrate. The Company�s activities are focused on the mining of precious metals from its two wholly owned operating mines in Mexico, Guanajuato and Topia. The Company is also has two exploration projects, El Horcon and Santa Rosa, and is pursuing additional mining opportunities in Latin America with the goal of adding to its portfolio of mineral properties. All of its assets in Mexico are held through Minera Mexicana el Rosario, S.A. de C.V. (MMR), a wholly owned subsidiary. The Company�s Rosa property consists of four mining concessions located approximately 10 to 15 kilometers northeast of the city of Guanajuato. El Horcon covers 7,908 hectares in 17 contiguous mining concessions and is a past producing mine located 100 kilometers by road northwest of the Company�s Guanajuato Mine Complex.