NEW YORK--(BUSINESS WIRE)--Laguna Research Partners LLC has issued a Discovery Research report on Great Panther Resources Limited (TSX: GPR.TO) dated July 17, 2008, citing a “world-class silver mine” and steadily increasing production.

The full report, including important disclosures and analyst information, can be accessed at http://www.investrendresearch.com, and may be directly accessed via this link: www.investrend.com/Admin/Topics/Articles/Resources/3_1216340005.pdf. Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

From the report:

“In Q1:08, the most recent quarter for which detailed data is available, Great Panther reported a sharp improvement in operating results. Revenue was up a strong 54.6% year-on-year (YoY), gross profit surged 377.9%, and the gross profit margin on incremental revenue was a powerful 65.6%. The Company’s operating loss was reduced in the quarter by nearly C$0.5 million, and the operating profit margin on incremental revenue was an impressive 21.8%.

“The crown jewel in Great Panther’s property portfolio is a world-class silver mine complex in Guanajuato, Mexico, one of the most prolific silver districts in the world. Since silver was first discovered in Guanajuato in 1548, the district has given up an estimated 1.2 billion ounces of silver and an estimated 5.0 million ounces of gold. Great Panther’s three principal Guanajuato mines are situated on a 4.2-kilometer section of the main Mother Lode structure that extends for 25 kilometers-plus.

“Great Panther commenced production in Guanajuato in June 2006, and production has climbed steadily from just over 70,000 silver-equivalent ounces in Q4:06 to more than 275,000 silver-equivalent ounces in Q2:08.

“The price of silver bullion has increased by more than 40.0% over the past year. Since year-end 2002, the price of silver has increased at a compound annual rate of 29.4%. While the demand for silver from the photography industry has dropped sharply with the advent of digital photography, new industrial uses for silver—these are primarily in the electronics sector—are emerging as important demand drivers and more than offset the decline in photography. We expect that new applications exploiting silver’s anti-bacterial qualities—these applications include water purification, bandages and clothing—could bring new sources of demand into the marketplace. In our opinion, a surging standard of living in China and India is also likely to boost long-term silver demand and create a bullish environment for silver prices.”

About Great Panther Resources Limited

Great Panther Resources (http://www.greatpanther.com), founded in 2004, states its mission as, “To become a leading primary silver producer by acquiring, developing and profitably mining precious metals in Mexico.” Great Panther further states, “We are committed to conducting ourselves with fairness and integrity, and managing all business activities in an environmentally responsible and cost-effective manner, while contributing to the well-being of the communities in which we live and work.”

With established local management and infrastructure in Mexico, Great Panther's immediate, stated goal is “to realize positive cash flow through progressively increasing production.”

Additional information regarding Great Panther Resources can be accessed at the Company’s dedicated “InvestorPower™ Page” at www.investrend.com/company/company.asp?sCompany=1456&Submit=Find. Anyone interested in receiving alerts regarding Great Panther Resources research should email firstalert@investrend.com or research@investrend.com with “GPR” in the subject line.

About Laguna Research Partners LLC

Laguna Research Partners (http://www.lrponline.net and http://www.lrp-bi.net), founded in 1998 and headquartered in southern California, is a privately-held investment research and business intelligence firm that produces company, industry, economic and geo-strategic research, analysis and forecasting. Our objective is to provide our research users and consulting clients with proprietary, actionable insights. LRP's research users and consulting clients include institutional investors, venture capital investors, public companies, development stage companies, state and federal government legislators and universities.

About the Investrend Research Syndicate

The Investrend Research Syndicate, a proprietary entity of Investrend Communications, Inc., distributes research reports published by sources that we deem to be dedicated to unbiased, reliable and transparent analytics. Our primary measure for vetting those sources is the “Standards for Independent Research Providers” as promulgated by the FIRST Research Consortium.

Disclosure

Investrend Communications, Inc. (“Investrend Communications”) (http://www.investrend.com) was compensated US five-thousand dollars by Great Panther Resources Limited (“Great Panther”) for the publication of one Discovery Research report and related distribution and visibility services. In turn, Laguna Research Partners was compensated US two-thousand five-hundred dollars by Investrend for the publication of one Discovery Research report regarding Great Panther, and payment was made prior to the issuance of that report. No Laguna Research Partners or Investrend Communications partner, owner, officer, employee or the analyst(s) writing regarding Great Panther Resources Limited for either firm holds a position in and/or engages in transactions with respect to the securities of Great Panther Resources Limited. Full disclosure information is incorporated into the report, and can be accessed at http://www.investrendresearch.com and http://www.lrponline.net.

"Safe-Harbor" Statement

This announcement contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Great Panther Resources Limited to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Great Panther Resources Limited assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.

Great Panther Resources Limited
Brad Aelicks, B&D Capital
Phone: 604-685-6465
Email: info@greatpanther.com
Website: www.greatpanther.com
or
Investrend Communications, Inc.
Phone: 212-709-8075
Email: research@investrend.com
Website: www.investrendresearch.com