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Golden Predator Mining Corp.
Summary
| Project: | Brewery Creek | |
|---|---|---|
| Deposit: | Lucky Deposit | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 13-10-2016: Golden Predator Mining Corp. announces an Exploration/Drilling Update report for its Lucky Deposit deposit at the Brewery Creek project. Drilling results incl. 8.2m @ 21.3g/t Au from 22.2m. Vancouver, BC, October 13th, 2016: Golden Predator Mi | |
| Resources: | (Resource); 14.15Mt @ 1.27g/t Au (Ind.) and 9.3Mt @ 0.93g/t Au (Inf.) | |
| CP/QP: | [Overall Report]: Mark Shutty (Not stated) | |
| ABSTRACT: | Vancouver, BC, October 13th, 2016: Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) is pleased to announce new drill results from a program designed to gather metallurgical, geotechnical and environmental information and samples from the Brewery Creek project in the Yukon. Several of these holes, which were generally shallow and proximal to the existing pits, encountered significantly higher than anticipated gold grades. “We are very pleased with the results of our 2016 drill program at Brewery Creek, it demonstrates the potential for higher gold grades, and shows that significant amounts of oxide material remains in the old pits,” said Janet Lee-Sheriff, Chief Executive Officer. “Moving forward the Company will be considering possible options to advance the Brewery Creek project.” Three metallurgical holes and one geotechnical hole at the Lucky deposit intersected high grade gold mineralization below the former pit floors on the northern and eastern sides and in a central area. The program was the first engineering, metallurgical and environmental drilling conducted by the Company at the previously mined Lucky, Kokanee and Golden deposits. | |
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