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Golden Predator Mining Corp.

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Summary

Project:

3 Aces

Deposit:Spades
Location:Canada
Commodities:Gold
Date:1/16/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-1-2018: Golden Predator Mining Corp. announces an Exploration/Drilling Update report for its Spades deposit at the 3 Aces project. Drilling results incl. 13.72m @ 43.02g/t Au from 1.52m. Vancouver, BC, January 16 th, 2018: Golden Predator Mining Corp.
Resources:x
CP/QP:[Overall Report]: Mark C. Shutty (Internal)
ABSTRACT:Vancouver, BC, January 16 th, 2018: Golden Predator Mining Corp. (TSX.V: GPY; OTCQX: NTGSF) (the “Company” or “Golden Predator”) today reported results of 43 Grade Control drill holes at the 3 Aces Project in southeast Yukon, including the highest gold assays returned to date from drilling on the project. These drill holes were designed to investigate close-space variability in three different areas of the Spades Zone in order to prepare for resource delineation drilling across the Central Core Area later this year. Results are being used to: (1) validate predicted grade distribution from previous results in these areas; and (2) design future bulk samples of these areas. Bulk sampling is expected to support previously released data indicating that up to 95% of the gold in the central Spades Zone can be recovered using gravity methods only (see December 7, 2017 News Release). “High-grade gold deposits like 3 Aces require us to exercise great care to establish reliable sampling, assaying and, geological modeling and grade estimation procedures. We are extremely pleased with these drill results, which met and exceeded predicted grades clearly establishing the value of closely spaced drilling. These results will lead to optimized metallurgical processing and determine ideal drill spacing for continuing exploration,”

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