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Golden Predator Mining Corp.
Summary
| Project: | Brewery Creek | |
|---|---|---|
| Deposit: | Brewery Creek | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/23/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 23-1-2020: Golden Predator Mining Corp. announces a Resource Estimation report for its Brewery Creek deposit at the Brewery Creek project. Updated mineral resource estimate at project. Gustavson Associates, LLC (Gustavson) was commissioned by Golden Preda | |
| Resources: | (Resource): 765Koz Au (Ind.) and 711Koz Au (Inf.) | |
| CP/QP: | [Resources]: Donald E. Hulse (Gustavson Associates LLC) | |
| ABSTRACT: | Gustavson Associates, LLC (Gustavson) was commissioned by Golden Predator Mining Corp. (GPY) to prepare an updated Mineral Resource Estimate for the Brewery Creek project near Dawson City in the Yukon Territory. This technical report presents the estimate in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43- 101), June 24,2011, and Canadian Institute of Mining, Metallurgy and Petroleum (CIM) “Best Practices and Reporting Guidelines for Mineral Resources and Mineral Reserves”, November 23, 2003. The effective date of this report is October 1, 2019. Gustavson previously prepared the NI 43-101 Technical Report on Resources for the Brewery Project which was published on SEDAR in October of 2013. In 2019, Golden Predator asked Gustavson to prepare a fresh mineral resource estimate, using a single best practice method to estimate the mineral resources. Prior to this, the owners in 2014 commissioned a Preliminary Economic Assessment (PEA). Some assumptions were made at that time that have been shown to be inapplicable to the project. In addition, there has been a significant change in the price of gold, and additional metallurgical testing work is in process. The mineral resource estimate that formed the base of the 2014 PEA was assembled from prior mineral resource estimates by three estimators using three estimation methodologies. | |
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