Coricancha Bulk Sample Program Update...Coricancha, the timing or ability to conduct further exploration, the timing and amount of estimated future production, costs of future production,

W W W . G R E A T P A N T H E R . C O M

CoricanchaBulk Sample Program Update

SEPTEMBER 2018

TSX: GPR | NYSE AMERICAN: GPL 2

This presentation contains forward-looking statements within the meaning of the United States Private SecuritiesLitigation Reform Act of 1995 and forward-looking information within the meaning of Canadian securities laws (together,"forward-looking statements"). Such forward-looking statements include, but are not limited to, statements with respectto the timing or ability to complete the Bulk Sample Program for Coricancha, the timing or ability to restart operations forCoricancha, the timing or ability to conduct further exploration, the timing and amount of estimated future production,costs of future production, future initial and sustaining capital expenditures, the completion of remediation activities, thetiming and cost of the development of new deposits, the success of exploration activities, the success of convertingexisting Mineral Resources into an expanded mine plan, and involve known and unknown risks, uncertainties and otherfactors which may cause the actual results, performance or achievements expressed or implied by such forward-lookingstatements to be materially different. Such factors include, among others, risks and uncertainties relating to potentialpolitical and social risks involving the Company's operations in a foreign jurisdiction, the potential for unexpected costsand expenses, fluctuations in metal prices, fluctuations in currency exchange rates, inability to modify legacy tailingsclosure plans as intended, failure to receive tailings closure funding from mine’s previous owner, physical risks inherent inmining operations, operating or technical difficulties in mineral exploration, including the inability to conduct furtherdrillings or to use conventional flotation and bio-oxidation methods, the lack of demonstrated Reserves at Coricancha,changes in project parameters as plans continue to be refined, and other risks and uncertainties, including thosedescribed in the Company's Annual Information Form for the year ended December 31, 2017 and Material ChangeReports filed with the Canadian Securities Administrators available at www.sedar.com and reports on Form 40-F andForm 6-K filed with the Securities and Exchange Commission and available at www.sec.gov. There is no assurance thatsuch forward-looking statements will prove accurate and results may vary materially from such forward-lookingstatements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company has nointention to update forward-looking statements except as required by law.

Statements concerning Mineral Reserve and Resource estimates may also be deemed to constitute forward-lookingstatements to the extent that they involve estimates of the mineralization that will be encountered if the property isdeveloped. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans,projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases suchas “expects”, “anticipates”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategy”, “goals”, “objectives”,“potential” or variations thereof, or stating that certain actions, events or results “may”, “could”, “would”, “might” or“will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statementsof historical fact and may be forward-looking statements.

Robert Brown, P. Eng., is the Qualified Person under NI 43-101 for the project discussed in this presentation.

Disclaimer


September Highlights

• Decline and access has advanced 160 metres

• Successful crusher area test completed

• Refurbishment of the concentrator is well advanced

• Surface roads and underground mine rehabilitation ongoing

• 26 metres of development completed in galleries and preparations

have begun for stope development


BSP Timeline

Task timeline

% Completed

Progress to date

Overall BSP is ahead of schedule to the end of August


Mine Site Entrance

Site access directly from main Central National Highway


Surface Roads

Surface road to plant


Mine Access

Access to the Constancia Vein at the 821 Level


Underground Infrastructure

The main decline has advanced 160 metres


Constancia Vein (Looking South)

Above is a view of the Constancia Vein in the 536 cross-cut, (looking south), showing a 2.05 metre vein width grading 151 g/t Ag, 6.04 g/t Au, 2.94% Pb, 1.06% Zn, and 0.12% Cu.


Constancia Vein (Looking North)

26 metres of gallery development completed


Primary and Secondary Crushers

Crusher successfully tested:

• Feeders

• Conveyors

• Jaw Crusher

• Cone Crusher

• Hopper


Grinding Area

Ball Mill ready to be wet tested:

• Alignment

• Liner changed

• Feeders

• Pumps

• Conveyors

• Pipes


Next Steps

• Continue mine and stope development

• Advance refurbishment of flotation circuits according to flowsheet

• Reagents – inspection of storage and mixing systems

• Tailings storage facility – install slope stability instruments and continue

monitoring piezometers

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Documents

Coricancha Bulk Sample Program Update...Coricancha, the timing or ability to conduct further exploration, the timing and amount of estimated future production, costs of future production,