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Golden Predator Mining Corp.
Summary
| Project: | 3 Aces | |
|---|---|---|
| Deposit: | 3 Aces | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-1-2018: Golden Predator Mining Corp. announces an Exploration/Drilling Update report for its 3 Aces deposit at the 3 Aces project. Technical report of the property including exploration reccomnedations. The 3 Aces Property is located 200 kilometres nor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gilles R. Dessureau (Internal) | |
| ABSTRACT: | The 3 Aces Property is located 200 kilometres north-northeast of Watson Lake in southeast Yukon Territory. It is located along the northern portion of Yukon Highway 10 that accesses the Cantung Mine in the Northwest Territories. Golden Predator Mining Corp, owns 100% of the 1,734 claims that form a contiguous block totaling 35,700 hectares located in the Hyland Gold District. The property was first staked by Alex McMillan in 1998 and optioned to Hudson Bay Mining and Development. Hudson Bay completed exploration including geological work and a small drilling program before dropping their option in 2000. Little work was completed on the property since Hudson Bay returned the property until 2010 when Northern Tiger Resources Ltd, the predecessor company to Golden Predator Mining Corp, optioned the property from McMillan. Northern Tiger conducted several phases of exploration from 2010 to 2013 including geochemical sampling, prospecting and diamond drilling which resulted in the delineation of several areas with highly anomalous gold in soils and the first drill holes into the Ace of Hearts (formerly Main zone) vein and the Ace of Spades (formerly Sleeping Giant) vein. This large area outlined by extensive gold in soil anomalies extends over a 13km2 area that includes the Hearts, Clubs, Diamonds and Spades Zone and is collectively referred to as the Central Core Area. Golden Predator Mining Corp, conducted exploration work beginning in 2014 with metallurgical studies followed by rotary air blast (RAB) drilling in 2015 and in 2016-2017, reverse circulation drilling, diamond drilling, bulk sampling, airborne geophysics, excavator trenching and infrastructure development including a bridge across the Little Hyland River to provide access to the main areas of exploration. | |
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