Golden Predator

Golden Predator, V.GPY, gold, Yukon, Bill SheriffGolden Predator Mining Corp. is a well-funded exploration company focused on advancing the 3 Aces Project in Canada’s Yukon.

With experienced management and a strong shareholder base, the Company is well positioned for stable development. Our focus is on the potential for discovery and definition of gold mineralization at the 3 Aces Project.

3 Aces Project: A high grade orogenic vein system that hosts the two highest grade surface outcrops discovered to date in the Yukon. With high grade native gold bearing quartz veins at surface and an expansive land package, the project offers district scale potential.

The primary focus at 3 Aces is to identify and define the distribution and grade of gold in the known veins and to discover additional high-grade veins.

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Learn more at the company website


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Cambridge Conference 2019 Part Two V.GPY

V.GPY, Golden Predator, Yukon, gold
Janet Lee Sheriff and Yukon Mining Minister Ranj Pillai look at Golden Predator gold

One of the things I was very much looking forward to at this year’s Cambridge was meeting, in person, Janet Lee-Sheriff, CEO of Golden Predator, (V.GPY). I’ve done several phone interviews with Janet and very much enjoyed the conversation.

Golden Predator had its booth right on the Yukon Trail. At the front of the booth, in a well-lighted plexiglass case was gold. Gold coins and gold bars from GPY’s Yukon Mint and gold flakes processed from the gold GPY is extracting from its bulk sample. Standing behind the case and looking like high end jeweler was Janet herself. Simple, elegant black dress, warm and smart and just a pleasure to speak to.  Behind Janet was her husband and Chairman of Golden Predator, Bill Sheriff.

Janet was handling the front of the shop – Yukon Mining Minister and Deputy Premier, Ranj Pillai was examining the golden merchandise –  and I had an opportunity to actually sit down and talk to Bill. GPY had a press release which would be out before market. While the details are in that release, what Sheriff told me was that GPY’s thinking about the 3 Aces deposit had swung back to its original position from a few years back. Essentially, a view that the high-grade outcrops which GPY had been exploring were, in fact, part of a large and well-controlled system. A system which continued along strike and which is open at depth.

What this means for GPY is that next season’s drilling will not need to be as extensive while being significantly more focused. Essentially, Sheriff seems to think that this season has confirmed the general outline of the 3 Aces mineralization and confirmed that there is plenty of high grade rock along with lesser grades.

Which I suspect is good news for GPY’s Board of Directors and Janet Sheriff. It will mean that less money will be needed and a lot of that money will come from the sale of the gold recovered from this year’s bulk sample. For Golden Predator, every season is making the structure of the 3 Aces project clearer. I wasn’t taking notes but I was impressed when Sheriff said, “We’ve pretty much gone back to what we thought this deposit was when we started drilling.”

 

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Golden Predator Drilling Extends Major Gold-Bearing Structure at 3 Aces Project, Yukon; Continuity Confirmed 500m Down Dip and 220m Along Strike

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) today announced results of the 2018 drill program in the Central Core Area at the 3 Aces Project in southeast Yukon, Canada, which was completed to test for extensions of the high grade structures outcropping  in the Hearts Zone.   Seven HQ diamond drill holes consistently intercepted two parallel, closely spaced gold-bearing structures along 220m of strike and 500m down dip from the Hearts discovery outcrop.   This was the deepest drilling to date on the project and the structures in the Hearts Zone continue to be open in all directions along strike and at depth.

Golden Predator Executive Chairman William Sheriff commented: “Confirming the continuity and mineralization of the structures down dip and on strike, right where we projected them to be, is a game-changer in terms of demonstrating the size potential of the 3 Aces Project.  It is now clear that the high grade surface outcrops previously discovered in the Central Core Area are not isolated occurrences but rather expressions of a much larger system, which significantly expands the potential at 3 Aces.”

To view 3 Aces property and drill location maps:
http://www.goldenpredator.com/_resources/news/GPY-NR18-01-Hearts-Drilling-Maps.pdf

All seven drill holes cut the structures where they were expected and reported excellent widths of gold mineralization with localized high grades. This drilling confirms that 3 Aces Project structures have persistent lateral and vertical continuity and that these structures likely account for other high grade surface outcrops exposed along the 4.5km long Hearts-Clubs corridor and elsewhere within the 13.5 km2 Central Core Area.

Hearts Drill Program

The exploration drilling program was conceived as a first pass lateral and down dip test of the gold bearing structures that crop out at the Hearts discovery.  Drill collars were off-set along strike for 220m of the Hearts Zone towards the Spades Zone to the east.  The projection of these moderately-dipping structures was tested at various depths to 500m down dip from the Hearts discovery.  Intersections of gold-bearing structures were encountered at the predicted locations in each of these drill holes, confirming both lateral and vertical continuity.  These higher grade parallel structures lie within thick envelopes of anomalous gold mineralization.

This 2,600m drill program was designed to find extensions of the structures in the Hearts Zone and determine if they were mineralized. Relatively small diameter HQ drill tools (58.5 mm in diameter) were used to maximize the number of intersections. At surface, the Hearts discovery outcrop assays above 30 grams per tonne and samples contain abundant coarse gold. Gold values were obtained from the widely-spaced split HQ core in the 2018 program, however, they only provide an initial assessment of the gold present within the mineralized structure due to the small sample volumes.  The larger the sample, the more precise the grade estimate, as we have demonstrated in past drilling and in our ongoing bulk sampling in the Spades Zone.   Assay results from larger diameter PQ core, reverse circulation drilling and bulk sampling generate considerably larger sample volumes and produce more reliable grade estimates than split HQ drill core that has a much smaller sample volume.  Golden Predator will continue to use HQ core to explore for and confirm continuity of mineralized structures at depth and along strike but will rely on larger diameter PQ core and reverse circulation (RC) in-fill drilling for grade determination within the structures.

Composite results from the down dip drill test of the Hearts Zone are:

Hole ID1 From (m)To (m)Thickness2Gold g/t3
3A18-347
incl.
213.02
213.02
227.65
218.21
14.63
  5.19
  0.71
  1.60 
and
incl.
230.00
234.34
244.23
236.50
14.23
  2.16
  0.50
   2.33 
3A18-349
incl.
287.67
294.50
305.50
295.43
17.83
  0.93
  0.94
   7.56 
and
incl.
314.24
316.85
328.68
324.00
14.44
  7.15
  0.84
   1.35 
3A18-350
incl.
219.50
225.90
241.75
226.44
22.25
0.54
  0.57
   8.30 
and
incl.
249.61
252.13
255.85
254.05
6.24
1.92
  1.21
   3.56 
3A18-351
incl.
incl.
and incl
175.00
175.00
175.00
196.40
203.50
177.50
175.55
202.50
28.50
2.50
  0.55
  6.10
  0.93
  3.09
  6.35
   2.31
and
Incl.
220.30
228.58
248.50
239.72
28.20
11.34
  0.74
  1.15 
3A18-352
incl.
incl.
115.35
122.50
125.00
145.50
126.00
126.00
30.15
  3.50
  1.00
  0.83
  4.31
  11.55 
and
incl.
incl.
and incl.
203.00
210.65
211.65
214.50
216.40
216.40
212.50
215.00
13.40
  5.75
  0.85
  0.50
  2.88
  6.56
  31.52
   14.77
3A18-353
incl.
incl.
272.65
275.20
279.65
296.32
284.00
280.78
23.67
 8.80
1.13
  1.06
  2.37
  13.05 
and
incl.
302.72
305.73
310.00
308.13
7.28
2.40
  0.63
  1.29 
3A18-354
incl.
incl.
235.00
259.00
261.00
272.50
267.10
263.00
37.50
  8.10
  2.00
  0.64
  1.88
    6.26 

1Significant intervals are length weighted average grades chosen based on continuity of mineralization and gold grade with composite grade exceeding 0.5 g/t gold.
All holes were HQ core holes cut in half for sample submission
2All intervals are reported as drilled thicknesses; true thicknesses are estimated to be 90-100% of drilled thicknesses.
3Reported Au assay grade sourced from SGS using SGS_GO_FAA 505 method.

A key observation from this drill program is that the high-grade intercepts are surrounded by broad envelopes of lower grade gold.  This observation was not available to GPY during earlier drill programs exploring other high grade structures that crop out in the 13.5 km2 Central Core Area.  These low grade envelopes reliably signal that high-grade gold values will likely be encountered with additional closer-spaced drilling along mineralized structures within the low grade envelope. In the case of the Hearts Zone, GPY believes that the presence of the broad envelopes of mineralization surrounding the gold bearing structures suggest grade enhancement is likely with closer-spaced drilling. Utilizing this observation, GPY can now re-evaluate results from previous programs, like the Clubs Zone, to ensure that the drilling fully tested the target potential.

3 Aces Project, Yukon 

The 3 Aces Project is an orogenic gold target covering 357 km² (35,700 ha) in southeast Yukon. The Company has to date focused exploration on the 13.5 km2 Central Core Area, a broad gold-in-soil anomaly, where numerous orogenic gold-bearing quartz veins have been discovered. Exploration over the past two years has systematically advanced the project by establishing: (1) high gold grades can be reliably sampled; (2) gold mineralization is in predictable stratigraphic structural locations; and (3) gold grades have robust continuity within the recognized controlling features. Results support a stratigraphic structural model that predicts extensive lateral and vertical continuity of the 3 Aces mineral system. Orogenic gold deposits are among the world’s largest and richest such as the California Mother Lode Belt and the Juneau Gold Belt.

Sampling Methodology, Quality Control and Assurance

All analyses for the drill samples were performed by SGS Canada, Inc. with sample preparation in Whitehorse, YT and Burnaby, BC, and assaying in Burnaby, BC.  Drill samples were analyzed for gold using a 50 gram fire assay with atomic absorption finish (GO FAA505) or gravimetric finish (GO FAG505) on over limit results (>100 g/t gold).  Quality control standards include standard reference material, certified blank and field duplicate samples in every sample dispatch.

The technical content of this news release has been reviewed and approved by Jeff Cary, CPG, a Qualified Person as defined by National Instrument 43-101 and Project Geologist for the 3 Aces Project.

Golden Predator Mining Corp.

Golden Predator Mining Corp. is a gold exploration company focused on advancing key projects with significant exploration upside, good infrastructure and community support. The Company is actively advancing the Brewery Creek Project, Yukon, a past-producer with a 2014 Preliminary Economic Assessment prepared in accordance with NI 43-101. At 3 Aces Project, the high grade orogenic gold project with visible gold at surface shows structural continuity at depth.  Bulk sampling and processing at the 50 tpd Company-owned processing plant has demonstrated gold recoveries of over 85% using a chemical-free process. This green gold provides for the production of .9999 gold coins from the Yukon Mint, a wholly-owned subsidiary of Golden Predator.

For additional information:
Janet Lee-Sheriff
Chief Executive Officer
(604) 260-5029
info@goldenpredator.com
www.goldenpredator.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations that the private placement will complete as described herein, that the Project will advance through permitting and feasibility.  Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

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2019: Junior Resource Recovery?

And here we go!

The junior resources markets had a generally miserable 2018 and many of our readers are very happy to draw a double line under the year. Our cannabis friends were going great guns right up until the actual legalization date in Canada at which point the Canadian Marijuana Index fell by half. Fun on the way up, sobering on the way down.

The one bright spot in 2018 was the precious metals rally in December. Gold went from $1230 to $1280, silver from $14.30 to $15.40. In both cases, this restored a bit of confidence to the markets and we saw a bit of price firming in junior resource stocks.

Historically, the first quarter of the year tends to be good for precious metals and the companies who find them. We’ll see if this holds in 2019. As ever, management and cash on hand matter a lot. A prospective deposit is wonderful but it takes skill and money to develop that deposit. That’s one of the reasons motherlodetv.net tries to interview CEOs so that our readers can get a feel for management’s plans.

The other thing which matters investing in junior resource companies is “entry point” what price did you get your shares at. Coming into 2019 the market is littered with excellent companies with great properties selling at a fraction of their 2018 highs. To take one example, Golden Predator (V.GPY) opened 2018 at over $0.80, today you can buy shares for $0.26. If you dig a little you’ll find that GPY has completed a successful drilling season at its Yukon 3 Aces project, has undertaken important metallurgical drilling at its Brewery Creek project and bulk sampled 7 thousand tons at 3 Aces. That bulk sample has been 10% processed and the first doré bar has been poured 13,261 grams. 13.26 Kg at $41,429 USD per kilo. Call it $550,000 USD and there is much more material to process. It is a stronger company selling at a 60% discount.

The junior resource landscape has dozens of stories of good companies selling at a fraction of their yearly highs. The first months of 2019 look to be the “buy low” phase of the “buy low, sell high” investing mantra.

Meanwhile, to my not very great surprise, the manic phase of the marijuana market peaked just as the reality of legalization hit and the sheer incompetence of Health Canada’s licencing people was cast into stark relief. If a company was betting the farm – or grow-op – on the speedy creation of a regulated legalized market for pot in Canada they bet wrong. Only in Canada would legalization day be greeted with a nation wide shortage of legal pot. And it has not got a whole lot better in the months following legalization. As people point out, you have to grow cannabis and that takes time. If Canada goes the way of the US states which have legalized we can now expect the pendulum to swing the other way. Shortage will be replaced by abundance and then, fairly quickly, glut. As FSD Pharma’s (C.HUGE) Anthony Durkacz put it in an motherlodetv.net interview last year, “recreational marijuana is a race to zero”.

What this means to cannabis investors is that paying really close attention to management, plans and cash on hand is critical to picking winners in the marijuana market. There are a lot of opportunities in cannabis, almost none of them are in straight production for the recreational market. Look for the pharma side – pills, controlled dosage, innovative specific uses for cannabis molecules. And look for companies which are leveraging Canada’s first-mover legalization position to access foreign markets. Once again, entry point is important. Cannabis companies were beaten up in the last quarter of 2018 but some dove a lot further than others.  A company like HUGE, which peaked at $0.90 and is now trading at $0.30, while moving ahead with its plans and facilities is probably worth another look.

So, we open 2019 with a big sale on junior equities in both the precious metals and the cannabis space. Valuations have parted company with value in many cases and there is an opportunity to build positions for pennies on the dollar. As always, prepare for news flow as we come up to the Vancouver Cambridge Conference and even more so as PDAC draws closer in early March. News is the lifeblood of the junior sector but this past year a lot of good news was treated as a liquidity event by the market.

The TSX-V dropped from over 900 to less than 600 in 2018. We’ve seen similar drops in the past and then the market roars back. If we see a sustained improvement in precious metals prices through Q1 2019 we may very well see the overall junior market and especially the stocks which have really been beaten down, return to more normal levels. If precious metal take off – and the secular events of Mr. Trump, China, Brexit, tottering German banks and a host of others could ignite such a take-off – investing in junior resource stocks at current price levels will look very smart indeed.

So, have a Happy and Prosperous 2019 and keep reading motherlodetv.net.

[Note: I have corrected the bulk sample numbers for Golden Predator. This is our error as I did not call Janet Lee-Sheriff to check before posting. She was kind enough to send along the correction.]

 

 

 

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Orogenic Gold: Golden Predator

We are lucky enough to have clients who put out informational videos. Golden Predator (V.GPY) has one of the world’s experts on orogenic gold deposits, Dr. Richard Goldfarb, working on the geology of the Three Aces Project in south east Yukon. Here is a short, information packed video featuring Dr. Goldfarb talking about the formation of orogenic gold.

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Bulk sampling as an exploration tool

Our friend Janet Lee-Sheriff, CEO of Golden Predator (V.GPY) was kind enough to share the company’s internal briefing document on bulk sampling as an exploration tool.

Here’s an excerpt but it is very worthwhile to read the whole thing.

“In Golden Predator’s case we bulk sampled our 3 Aces Project in the Yukon in 2016 on a very small scale to determine if the gold present in the veins was recoverable from the enclosing quartz veins economically.  This testing proved that the gold was “free-milling” requiring only gravity recovery methods and water.  This process required no chemicals in order to achieve up to 90% recovery of the gold.  Although free milling gold was not uncommon in the 1800s, most of it has already been mined making the 3 Aces project notable. The bulk sampling continued in 2018 with the extraction of an expected 6,000 to 7,000 tonnes from an adjacent area that had previously been drilled on close spacing (up to 5m x5m) and had been modeled to predict the distribution, grade and total gold content of the area sampled.  During the next few months, we will be  reconciling the actual gold recovered from the plant, on a bench by bench basis (the 2018 sample involved surface cuts each 2m high), and again as a total on all materials extracted, these results will permit us to verify or make necessary adjustments to our drill density and our modelling parameters.”

Here is a link to Bulk sampling as an exploration tool.

 

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Golden Predator Discovers New Style of Disseminated Gold Mineralization at 3 Aces Project, Yukon

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) reported today that drilling of  the extensive soil geochemical target in the Sprogge Area of the 3 Aces Project located in southeast Yukon has discovered an important new style of disseminated gold mineralization.  The Sprogge Area discovery represents a potentially large gold-bearing intrusive system not previously encountered at the 3 Aces Project.  Follow-up exploration of this new gold discovery is planned for 2019 starting with geophysical surveys designed to target blind intrusive-related gold mineralization at depth.

A total of 27 HQ diamond drill holes amounting to 2,169 meters tested six separate zones within 1.4 by 1.0 km of the Sprogge Area at the 3 Aces Project.  Surface gold mineralization, defined by gold and arsenic in soil geochemical anomalies and subsequent rock chip geochemistry, is present along stratigraphic contacts and structures exposed at the surface. The shallow drill holes targeted this near-surface gold mineralization at the lithologic contacts.

The newly discovered mineralization differs from the previously defined, structurally-controlled orogenic-style high-grade veins encountered in the Central Core Area of the 3 Aces project. In the Sprogge drilling, steeply dipping, north-northwest trending dike-filled faults and shears were encountered that show coherent intervals of gold grade.  The intrusive-hosted mineralization is entirely in felsic dikes and appears to be significantly younger than the orogenic mineralization.  Hole 3A18-335 intercepted 16.86m of 1.35 g/t gold from a depth of 16.2 meters including 1.38m of 8.34 g/t and 0.8m of 7.29 g/t gold.  A second hole, 3A18-346, confirmed the intrusive hosted mineralization (see figures 4 through 6).

Golden Predator Chairman William Sheriff noted that the original objective for the Sprogge drilling was to find a continuation of the structurally-controlled Central Core Zone beneath the large geochemical anomaly. “We now feel confident that Sprogge is much higher in the stratigraphy than the Central Core Zone and the potential for the high-grade orogenic deposit lies below. The intrusive hosted gold mineralization explains the broad gold-in-soil anomaly on the southern half of the Sprogge Area. . Hole 3A18-335 intersected the mineralized intrusion and 346 confirmed it.  When these shallow intercepts are compared with the surface exposure, it is clear the dikes are quickly widening significantly with depth, indicating size potential which these intrusive systems are known for.”

Commenting further, Sheriff said the intrusion appears to be similar in age to a number of gold-bearing intrusive related systems in the Yukon including GPY’s 100%-owned Brewery Creek deposit mined from 1996 to 2002.

Nine other holes intercepted gold in quartz veins or veinlets occupying structures at a stratigraphic break.  These narrow intersections and their stratigraphic interpretation place the Sprogge Area target test up section from the Central Core Area.  With gold confirmed in many of the targeted structures, it is believed that the best orogenic gold targets may lie at depth where more favorable stratigraphy is projected.  Testing that target was beyond the scope of the original drill program and the limits of the drill rig utilized in this initial phase of shallow drilling.

To view 3 Aces property and drill location maps:
http://www.goldenpredator.com/_resources/news/Sprogge-Drill-Results.pdf

            2018 – 3 Aces Project – Sprogge Area Diamond Drill (DD) Significant Results

Hole ID                                        From (m)     To (m)         Thickness                   Gold  (g/t)

3A18-31016.0018.002.008.73
3A18-31121.0023.002.001.16
3A18-31722.5024.451.954.04
including23.0023.950.956.40 
3A18-32856.2858.161.882.10
3A18-32966.4067.000.600.63
and75.7577.001.250.88
3A18-33051.3052.351.051.23
3A18-33270.2072.091.890.59
3A18-33516.2033.0616.861.35
including16.6418.021.388.34
including25.5026.300.807.29 
and44.9446.001.060.66
and81.7584.022.270.74
and117.77118.650.881.93
3A18-34056.4557.000.550.44
and72.2473.611.370.78
3A18-34555.6556.210.561.61
and57.9560.702.752.33
3A18-34690.4391.000.579.05
and104.39105.631.240.60
and116.40117.401.001.28
and128.31128.900.590.42

Sample Type ‘DD’ represent ½ core sawn, or ½ core saw for duplicate,  of 2.5” (63.5mm) HQ core.
All intervals are reported as drilled thicknesses; true thicknesses are estimated to be 50-90% of drilled thicknesses.

2018 Sprogge Area Drilling Program

The 2018 work program at the Sprogge Area consisted of 30 days of detailed lithologic and structural mapping of the six previously described target areas (GPY NR17-25) to define the orientation of structures and lithology controlling gold mineralization.  Proposed drill holes tested the down plunge projection of the surface gold showings at relatively shallow depths (< 50 m) as the initial test of the property.  Driftwood Drilling completed the helicopter-assisted drill program over a 2-month period from July 22nd through September 12th, 2018.

Bedrock lithologies at the Sprogge Area are similar to parts of the Central Core Area located approximately 7 km to the west-northwest.  A well developed, southeast plunging, southwest vergent antiform in the Sprogge Area is cored by thick, turbiditic, feldspathic conglomerates and sandstones overlain by fine-grained siltstones, mudstones and limestones of the Proterozoic Yesezyu Formation.  Uniquely, at the new discovery zone, felsic dikes, 5-30 m wide, are intruded along a north-northwesterly, one-km long trend and are spatially associated with gold mineralization; this is an association that is not known to occur in the Central Core Area 7 km to the west-northwest across a segment of the regionally significant Hyland fault.  Isotopic dating of these dikes in the Sprogge Area by Whelan, 2014 yielded zircon U/Pb ages ranging from 95.7 to 103.5 million years.

Central Core Area Deep Drilling Update

Subsequent to the Sprogge Area drill program, the Company completed an eight hole, 2,603 m diamond drill program in the Central Core Area targeting the down dip projection of the Hearts Zone. Drill holes were widely spaced along approximately 250 m of strike with the deepest intercept approximately 500 m down dip from the outcrop of the discovery vein. The target zone was successfully intersected with abundant quartz, arsenopyrite and pyrite present in the structures in all seven holes that reached target depth.  Logging and sampling of the core is now complete, and samples have been submitted to SGS labs for analysis. Results of this program are expected in early January.

3 Aces Project, Yukon 

The 3 Aces Project is an orogenic gold target covering 357 km² (35,700 ha) in southeast Yukon. The Company has to date focused exploration on the 13.5 km2 Central Core Area, a broad gold-in-soil anomaly, where numerous orogenic gold-bearing quartz veins have been discovered. Exploration over the past two years has systematically advanced the project by establishing: (1) high gold grades can be reliably sampled; (2) gold mineralization is in predictable stratigraphic structural locations; (3) gold grades have robust continuity within the recognized controlling features; and (4) most of the gold is free-milling and readily recoverable by gravity concentration. Results from the Central Core Area support a stratigraphic structural model that predicts extensive lateral and vertical continuity of the 3 Aces mineral system. The Company is developing targeted drilling programs to establish continuity between the Central Core Area and other mineralized zones along the 35 km strike of the 3 Aces property. Orogenic gold deposits are among the world’s largest and richest such as the California Mother Lode Belt and the Juneau Gold Belt. The discovery in the Sprogge Area provides an additional target model within the mineralized belt improving the potential to develop a new and significant gold district in Southeastern Yukon.

Sampling Methodology, Quality Control and Assurance

All analyses for the drill samples were performed by SGS Canada, Inc. with sample preparation in Whitehorse, YT and assaying in Burnaby, BC.  Drill samples were analyzed for gold using a 50 gram fire assay with atomic absorption finish (GO FAA505) or gravimetric finish (GO FAG505) on over limit results (>100 ppm Au).  Quality control standards includes SRM, certified blank and field duplicate samples in every sample dispatch.

The technical content of this news release has been reviewed and approved by Jeff Cary, CPG, a Qualified Person as defined by National Instrument 43-101 and Project Geologist for the 3 Aces Project and an employee of the Company.

Golden Predator Mining Corp.

Golden Predator Mining Corp. is a gold exploration company focused on advancing key projects with significant exploration upside, good infrastructure and community support. The Company is actively exploring on its high-grade gold 3 Aces Project and the advanced Brewery Creek Project, Yukon, a past-producer with a 2014 Preliminary Economic Assessment prepared in accordance with NI 43-101.

For additional information:
Janet Lee-Sheriff
Chief Executive Officer
(604) 260-5029
info@goldenpredator.com
www.goldenpredator.com

(1) NI 43-101 Technical Report “Preliminary Economic Assessment for the Brewery Creek Property Yukon Territory, Canada” Release Date of November 19, 2014.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations that the private placement will complete as described herein, that the Project will advance through permitting and feasibility.  Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

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Goldplay continues to intercept new silver-lead-zinc-gold mineralization from sampling of historical core at San Marcial; including 23 meters @ 160 gpt AgEq

Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce positive results from sampling of the historical core drill holes completed in 2010 (“historical core”), from the Company’s San Marcial Project in Mexico. The results support open pit potential for the initial 500-meter-long historical NI 43-101 resource area (“historic resource”). Results reveal a much wider mineralized zone along strike and down-dip than originally modelled in the historic resource with opportunities for expansion.

  • 61.0 meters (true width 47.8 meters) @ 93 gpt AgEq
    • Including 23 meters (true width 17.3 meters) @ 160 gpt AgEq
  • 56.0 meters (true width 42.0 meters) @ 61 gpt AgEq
    • Including 33.0 meters (true width 24.8 meters) @ 79 gpt AgEq
  • 12.5 meters (true width 9.4 meters) @ 126 gpt AgEq

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–> <!– image and imageTag: Figure 1: Drill Hole Location Map San Marcial Project (CNW Group/Goldplay Exploration Ltd) –> <!– assetTag:

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Goldplay President and CEO Marcio Fonseca commented, “Our systematic sampling of available core (not previously sampled) has confirmed much wider and continuous mineralization than previous geological modelling part of the historic resource. The width and shallow depth of intersections associated with attractive grades, hosted in wide hydrothermal breccias and favorable topography, continue to reinforce the open pit development potential at San Marcial. The results also reinforce opportunities for future open pit development and upside exploration potential, as sampling is revealing new, wider polymetallic mineralized zones, continuous along strike and down dip, doubling the footprint of the previously modelled mineralized zone. The sampling results together with an updated geological interpretation are being incorporated in a new 3D Geological Model in preparation for a scheduled new resource estimation.”

The location of drill holes completed prior to the historical resource and the location of sampled drill holes SM-10-01, SM-10-05, SM-10-10, SM-10-13, SM-10-16, SM-10-17 and SM-10-19 are illustrated below (Figure 1).

The most significant result for this release was returned from drill hole SM-10-01 (Figure 2), which intersected 61 meters grading 93 gpt silver equivalent (AgEq), including a high-grade section of 23 meters grading 160 gpt AgEq.

Drill hole SM-10-05 (Figure 2), intersected 56 meters grading 61 gpt AgEq including 33.0 meters grading 79 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release:

Hole No.

From (m)

To (m)

Interval

(m)

True

Width

(m)

Ag g/t

Pb %

Zn %

Au g/t

AgEq*

g/t

SM-10-01

50

111

61.0

47.8

46.8

0.3

0.6

0.02

93

including

60

83

23

17.3

56

2.5

2.6

0.01

160

SM-10-05

163.1

219.1

56.0

42.0

26

0.2

0.3

0.14

61

including

163.1

196.1

33.0

24.7

32.9

0.3

0.5

0.08

79

SM-10-10

159.9

178

18.1

13.7

16.9

0.2

0.5

0.03

49

SM-10-13

161.1

164.1

3.0

2.3

50.8

0.02

0.05

0.12

64

SM-10-16

50

69

19.0

14.2

42

0.1

0.3

0.10

68

SM-10-16

103.4

116.3

12.9

9.7

15

0.9

1.3

0.10

126

SM-10-17

79.2

150

70.8

53.0

11

0.1

0.4

0.03

35

SM-10-19

27

51

24.0

18.0

60

0.2

0.3

0.03

82

Note: all numbers are rounded. AgEq (silver equivalent) is calculated from gpt data. AgEq g/t = Ag g/t + Au g/t x (Ag Price per oz/ Au price per oz) + (Pb grade x ((Pb price per lb./Ag price per oz) x 0.0685714 lbs. per Troy Ounce x 10000 g per %)) +(Zn grade x ((Zn price per lb./Ag price per oz) x 0.0685714 lbs. per Troy Ounce x 10000 g per %)). Ag price per oz (US$16.50), Au price per oz (US$1,250), Pb price per lb. (US$0.95) and Zn price per lb. (US$1.15) and 100% Metallurgical Recovery.

All the results highlighted in this release support a silver-zinc-lead-gold mineralization hosted in a wide and continuous hydrothermal breccia with evidence of a multi-phase mineralizing event along major northwest oriented faults.

The Company is continuing its drill core sampling program, aiming to complete a NI 43-101 compliant resource estimate during the December 2018 quarter. The receipt of the drilling permits (News Release dated 18 October 2018), provides the Company immediate capability to advance drilling along the 3.5 km mineralized trend, outside the historic resource, with the objective of identifying new discoveries.

In addition to the core sampling program, the Company has re-opened historical underground workings where there is evidence of bonanza style mineralization in the center of the historic resource (Figure 7). A sampling program has been implemented with results expected over coming weeks.

To view the drill hole location map, cross sections and longitudinal section from this news release, please click the following links:

Historical Drill Holes Location Map San Marcial

Cross Section K-L San Marcial

Cross Section M-N San Marcial

Cross Section O-P San Marcial

Cross Section Q-R San Marcial

Cross Section S-T San Marcial

Cross Section U-V San Marcial

Longitudinal Section San Marcial

QA/QC Protocols

Thorough QA/QC protocols are followed in all sampling programs and in assays completed by the Company. Goldplay’s management includes routine duplicates, blanks and standard samples in assay lots for all surface and drill hole samples. The samples are submitted directly to the SGS laboratory facilities in Durango, Mexico, for sample preparation and assaying. The assaying at SGS is by Fire Assay with AA finish, for Au (> 10 ppm gravimetric finish), Ag ICP-AES with 4 acid digestion (up to 100 ppm). For Ag results over 100 ppm an ICP-AES 4 acid digestion with detection limit from 100-1,000 g/t is completed at SGS laboratories in Vancouver, Canada. For samples with over limits of Zn and Pb (>10,000 ppm), an ICP-AES with Sodium Peroxide Fusion is performed, to improve recovery.

The Qualified Person under the NI 43-101 Standards of Disclosure for Mineral Projects for this news release is Marcio Fonseca, President and CEO of Goldplay, who has reviewed and approved its contents.

About Goldplay Exploration Ltd.

Goldplay owns a >250 sq. km exploration portfolio in the historical Rosario Mining District, Sinaloa, Mexico. Goldplay’s current exploration focus includes surface exploration and drilling, with a resource update to follow at the advanced-stage San Marcial Project and follow up exploration program at the El Habal Project.

The San Marcial land package consists of 1,250 ha, located south of the La Rastra and Plomosas historical mines and 20 km from the Company’s 100% owned El Habal Project in the Rosario Mining District, Sinaloa, Mexico. San Marcial is an attractive, near-surface high-grade silver, lead and zinc project for which a historical resource estimate has been previously disclosed.

San Marcial exhibits significant exploration upside supported by regional exploration programs completed by previous operators who identified 14 exploration targets similar to San Marcial within its 100% Goldplay-owned concessions. Some of these exploration targets consist of old shallow pits, caved shafts and historical underground workings in areas with extensive hydrothermal alteration, hosted by major regional structures.

The El Habal Project is a drilling stage project with an ongoing drill program. The oxidized gold mineralized zone outcrops along a series of rolling hills with evidence of historical shallow underground mining along a 6 km long prospective corridor. The El Habal Project is located near the historical gold-silver Rosario Mine which reportedly operated for over 250 years. Goldplay’s team has over 30 years of experience with senior roles in exploration, financing, and development in the mining industry, including over ten years of extensive exploration experience in the Rosario Mining District, leading to previous successful discoveries. A current NI 43-101 report on the El Habal Project is filed on SEDAR.

Disclaimer for Forward-Looking Information

This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations. When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company. Risks and uncertainties may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE GOLDPLAY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Mr. Marcio Fonseca,
P. Geo, President & CEO
Goldplay Exploration Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/goldplay-continues-to-intercept-new-silver-lead-zinc-gold-mineralization-from-sampling-of-historical-core-at-san-marcial-including-23-meters–160-gpt-ageq-300740109.html

SOURCE Goldplay Exploration Ltd

For further information: +1 (604) 202 31 55, Email: info@goldplayexploration.com, Website: www.goldplayexploration.com, 999 West Hastings Street, Suite 900 Vancouver, British Columbia, V6C 2W2

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Honouring the Land: Golden Predator Working Together with the Kaska First Nation

Part of the job of an exploration company CEO is doing corporate presentations. Janet Lee-Sheriff, CEO of Golden Predator (V.GPY), was in Philadelphia to do a lunch presentation to a group of high net worth individuals. She began her presentation by showing Kaska Kayeh, a video about how the First Nations on whose land GPY is exploring, understand the land, the wildlife and the water and moving forward with mining interests. A video produced by Golden Predator and a former Kaska chief and featuring Kaska Elders speaking, often in their own language, about the sacredness of the land and how to work together.

“It opened the conversation right up,” said Lee-Sheriff. “These investors had heard about the TransMountain pipeline being put on hold because of First Nations issues. They didn’t know what to make of the First Nations situation in Canada and no one was able to speak to that situation. So, they had all these concerns and questions. The investors didn’t understand and that meant they were very reluctant to invest.”

“I spent half an hour talking about First Nations, working with First Nations and the nature of First Nations’ relationships,” said Lee-Sheriff. “The people putting on the lunch told me after that normally it was a pretty quiet group. Not that day.”

“The investors really wanted to understand how we worked with our First Nation communities,” said Lee-Sheriff.

One of the most interesting things about visiting the Yukon is it gives you a chance to see how well the mining and exploration companies in the Yukon have learned to work with the Yukon First Nations. This is not an “add-on” or “a cost of doing business”; rather it is a recognition of the reality of the Yukon.

For nearly thirty years Yukon First Nations have been an integral part of the entire decision-making process in the Yukon. Over those years First Nations, the Government of the Yukon and the companies mining and exploring for minerals have figured out how to get along. It is not a seamless process but it is well understood and enjoys wide support.

For Lee-Sheriff, involving the Kaska in the day to day thinking which drives the 3 Aces Gold Project in southeastern Yukon is a huge part of the job. It is a commitment Lee-Sheriff understands deeply from her years working in the communities, working for the Government of the Yukon and as the founding director of the Yukon Mines Training Association which secured federal funding for aboriginal mine training.

Lee-Sheriff knows that working with First Nations is much more than formal consultation and negotiated socio-economic and exploration agreements. It is a recognition of the First Nations rights, knowledge and culture. In May of 2018, Golden Predator created an “Elders in Residence” program at the 3 Aces site. A week at a time, elders from the Ross River Dena Council and Laird First Nation (part of the broader Kaska Nation) come to the camp “to support learning and understanding, promote cultural awareness and share wisdom/and teachings as part of the exploration process”. It is a unique program, where Elders live and work at the exploration camp as part of the team, but one which makes a great deal of sense.

More recently Golden Predator commissioned a video. The video was produced by a former chief of the Kaska First Nation, Brian Ladue, and, for most of its thirteen-minute running length, we hear the voices and the language of the Kaska Elders. Ladue is quoted in the Golden Predator press release as saying, “It’s always a great pleasure to work with my Elders, especially on important cultural and land related projects. It’s also very encouraging to see a company such as Golden Predator taking the lead on making efforts to change the status quo when it comes to how industry conducts themselves with First Nations. Film is such a great medium to express cultural perspectives and is a powerful method to effectively reach many people in a positive and productive way. It truly is the evolution of storytelling in a modern world.”

“We wanted an educational and teaching tool about Kaska culture and to better understand what it means to work in the Kaska traditional territory,” said Lee-Sheriff. “But we wanted the Kaska Elders to tell us.”

“We didn’t screen the language,” said Lee-Sheriff. “We wanted to hear what they wanted to say.”

“It is about the different places we are from,” said Lee-Sheriff. “We wanted to hear what the Kaska saw as important. First Nations never think less than seven generations ahead and really are about the big picture when mining is really only one use of the land and water. They have much bigger issues and responsibilities and exploration and mining companies need to understand our role in that big picture.”

The result was a video which is very true to the land and the people where Golden Predator is exploring for its 3 Aces project. There are stunning winter scenes of drill rigs at the top of a fairly substantial mountain but that is pretty much the only visual reference to Golden Predator.

“Originally I was not even going to be in the video,” said Lee-Sheriff. In fact, Lee-Sheriff adds a great deal to the video because, when she does appear, it is clear that the CEO of Golden Predator has been listening very closely to the Elders. Which matters because the video reflects the approach Golden Predator is taking to the entire set of questions which operating in traditional First Nations territory raises.

Lee-Sheriff’s understanding goes well beyond benefits agreements and consultation. “When we began the project, we were asked to hold a prayer ceremony on the mountain and we all prayed,” said Lee-Sheriff.

Kaska Kayeh is about as far away from a promotional video as it is possible to be. Which does not worry Lee-Sheriff, “As we got into the video we realized that the financial markets and investors in Canadian companies need to know this story.”

Now the video has been screened in the Kaska communities and it will be part of the introduction investors and media and contractors receive when they come into the 3 Aces camp. “You receive a safety briefing, a corporate overview and now you’ll see Kaska Kayeh,” said Lee-Sheriff.

Kaska Kayeh is embedded below. If you want to understand a little bit about the Kaska First Nation’s understanding of their land it is absolutely worth watching. If you want to have a glimpse at the future of a mining company’s deepening relationship with First Nations, this is one piece of that future.

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GOLDEN PREDATOR MINING CORP. ANNOUNCES NORMAL COURSE ISSUER BID

October 9, 2018 – Vancouver, British Columbia – Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (“Golden Predator Mining Corp.” or the “Company”) announces that the TSX Venture Exchange has accepted its notice of intention to proceed with a normal course issuer bid.

Pursuant to the notice, the Company may purchase up to 11,566,995 of its common shares, representing approximately 10% of the 115,669,945 common shares forming the Company’s public float. As at October 9, 2018, there were 130,656,088 issued and outstanding common shares of the Company. The price the Company will pay for any shares acquired under the normal course issuer bid will be the market price at the time of acquisition. The Company will not purchase shares pursuant to the bid if the total number of shares purchased in any 30 day period exceeds, in the aggregate, 2% of the total issued and outstanding common shares of the Company. Shares purchased pursuant to the bid will be cancelled and returned to treasury or reserved for issuance. Purchases may commence on October 15, 2018 and will continue for up to one year.

The bid will be conducted on the open market through the facilities of the TSX Venture Exchange by Interactive Brokers Canada Inc. on behalf of the Company. The Company is conducting the bid as it believes that the current and recent market prices for the Company’s common shares do not give full effect to their underlying value and that, accordingly, the purchase of common shares under the bid will increase the proportionate share interest of, and be advantageous to, all remaining shareholders. The bid purchases will provide increased liquidity to current shareholders who would like to sell their shares. Accordingly, the Company believes it is in the best interests of the shareholders and an appropriate use of the Company’s funds to conduct the bid.

Golden Predator Mining Corp.

Golden Predator Mining Corp. is a gold exploration company focused on advancing key projects with significant exploration upside, good infrastructure and community support. The Company is actively exploring on its high-grade gold 3 Aces Project and the advanced Brewery Creek Project, Yukon, a past producer with a 2014 Preliminary Economic Assessment prepared in accordance with NI 43-101.

For further information:

Janet Lee-Sheriff Chief Executive Officer 604-260-5029 info@goldenpredator.com

Website: www.goldenpredator.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Golden Predator Intercepts 8.5 meters of 5 g/t Gold at Brewery Creek Project; Drilling Extends Known Gold Mineralization over 200 m

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) is pleased to announce the successful completion of a 22 hole exploration and metallurgical drilling program at its 100% owned Brewery Creek Project in Canada’s Yukon, and reports today on the results of the exploration drill program designed to expand the current resource.  Significant gold mineralization was encountered in 8 of the 9 exploration holes increasing known gold mineralization around five zones including Schooner, Sleeman, Lucky, Bohemian and Lone Star.

Highlights of the drill program include:

  • Lucky Zone-Hole BC 18-604 intersected 8.5 m of 5.05 g/t gold from a depth of 29.00 m including 4.0 m of 9.66 g/t gold from a depth of 33.0 m.
  • Schooner Zone-Hole BC 18-597 intersected 6.55 m of 3.03 g/t gold from a depth of 35.75 m and 39.20 m of 1.64 g/t gold from a depth of 52.90 m.
  • Lone Star Zone-Hole BC 18-605 intersected 6.0 m of 0.8 g/t gold from a depth of 50.0 m and 2 m of 21.0 g/t gold from a depth of 86.0 m.

To view Brewery Creek property and drill location maps: http://www.goldenpredator.com/_resources/news/NR-Brewery-Creek-Maps-Exploration-Results-2018.pdf

“We are very pleased with the success of the targeted exploration program which illustrates the untapped exploration potential of Brewery Creek,” said Janet Lee-Sheriff, Chief Executive Officer. “To have hit mineralization away from known holes in a number of different zones and extend the Sleeman Zone for more than 200m along strike establishes a foundation that expands our exploration program to additional targets identified across this large claim block.”

Brewery Creek 2018 Exploration Drilling Program

Prior to drilling the Company identified several new high priority exploration targets that were not previously drilled. The exploration drill program successfully confirmed potential extension of mineralization including:

  • Follow-up drilling on a higher-grade zone from the Lucky pit through the Bohemian Zone where a number of 10.0 g/t gold or higher intervals aligned along an east-west trend;
  • Extension of the Sleeman Zone as suggested by geochemistry;
  • Up-dip, near surface projections of the deeper Lone Star Zone mineralization.

The metallurgical drill program included an additional 13 holes and generated large diameter core (PQ) for metallurgical testing to assess alternate processing technology to enhance economics of the project.  The metallurgical PQ core has been received by SGS Lakefield where it will undergo amenability testing for Vat Leaching.  These tests are expected to be completed and announced by the end of the calendar year.

2018 Brewery Creek Diamond Drill Significant Results

Hole ID1ZoneFrom (m)To (m)Thickness2Gold g/t3
BC18-597Schooner35.7542.306.553.03
and52.9092.1039.201.64
including 72.5087.1514.652.75
BC18-598Sleeman34.7042.708.000.61
and49.6053.604.000.58
and59.5561.552.000.71
BC18-599Sleeman8.0012.004.000.42
and43.0050.507.500.93
BC18-600Sleeman28.0031.003.000.52
and40.0044.004.000.41
and58.0060.002.001.93
and82.0084.002.000.51
BC18-602Bohemian44.0052.008.001.72
BC18-603Lucky52.0056.004.000.45
including 78.0090.0012.001.13
BC18-604Lucky29.0037.508.505.05
including33.0037.004.009.66
and48.0049.501.500.62
BC18-605Lone Star50.0056.006.000.80
and86.0088.002.0021.00
and98.00101.00*3.001.86
1Significant intervals are chosen based on continuity of mineralization and gold grade; all drilled samples assaying ≥0.4 g/t gold are included.  All holes were HQ core holes cut in half for sample submission
2All intervals are reported as drilled thicknesses; true thicknesses are estimated to be 70-100% of drilled thicknesses.
3Reported Au assay grade sourced from SGS using SGS_GO_FAA 505 method.

2018 Exploration Drilling Results

A total of 880 m of exploration drilling was conducted in the Schooner, Sleeman, Lucky, Bohemian and Lone Star Zones.

Sleeman – Three holes extending the known mineralization by over 200 m;

Schooner – Mineralization extended in a sparsely drilled area located 30 and 50 m from previously known mineralization.

Lucky – Drilling was located on the eastern margin of the resource model approximately 25 m from the nearest mineralized hole.

Lone Star – Drilling is located 25 m from the nearest block above cutoff grade in the resource model.

All of these zones remain open to extension. The Company intends to conduct additional exploration drilling at Brewery Creek to follow up on these successful results and drill test several additional untested targets.

Brewery Creek Project, Yukon

The Brewery Creek Project is a past producing heap leach gold mining operation with approximately 280,000 oz Gold produced from seven near-surface oxide deposits along the property’s Reserve Trend from 1996 through 2002. The mine (operated by Viceroy Resource Corporation) shut down primarily due to low gold prices. The 186 km2 property is located 55 km due east of Dawson City, accessible by road.

The 2014 Preliminary Economic Assessment (PEA) resource estimation indicates Indicated oxide resources of 577,000 troy ounces of gold in 14.2 million tonnes at 1.27 g/t gold and Inferred oxide resources of 279,000 troy ounces of gold in 9.3 million tonnes at 0.93 g/t gold. In addition, the resource estimate contains Indicated sulfide resources of 142,000 troy ounces of gold in 3.5 million tonnes at 1.28 g/t gold and Inferred sulfide resources totaling 546,000 troy ounces of gold in 12.4 million tonnes at 1.37 g/t gold(1).

The project is in receipt of all necessary permits required to conduct additional exploration. The Brewery Creek Project holds a Type A Water License and a Quartz Mining License (QML) and a Socio Economic Accord with the Tr’ondek Hwech’in.

Sampling Methodology, Quality Control and Assurance

All analyses for the drill samples from the program were performed by SGS Mineral Services, with sample preparation in Whitehorse, Yukon and final assaying in Burnaby, BC. Drill samples were analyzed using a 50 g fire assay with atomic absorption (AA) finish. (Au-FAA505)

At the project site a total of 70 samples of cut drill core are combined as a single submission batch. Included with the 70 samples are 6 QA/QC samples, comprised of lab certified standards, blanks and field duplicates, (where the two halves of the core interval are sent to lab for separate, comparative analysis). The sample bags of cut core are placed into labelled rice bags, 5 per bag, the last rice bag containing the 6 QA/QC samples. Each rice bag is zip tied closed and a security tag is attached. The sealed rice bags are then placed into a wooden box and the lid secured. The entire sample shipment is tracked with chain of custody protocols that require each new handler of samples to sign and acknowledge receipt of entire sample shipment.

The technical content of this news release has been reviewed and approved by Mark Shutty, CPG, a Qualified Person as defined by National Instrument 43-101 and an employee of the Company.

Golden Predator Mining Corp.
Golden Predator Mining Corp. is a gold exploration company focused on advancing key projects with significant exploration upside, good infrastructure and community support. The Company is actively exploring on its high-grade gold 3 Aces Project and the advanced Brewery Creek Project, Yukon, a past-producer with a 2014 Preliminary Economic Assessment prepared in accordance with NI 43-101.

For additional information:
Janet Lee-Sheriff
Chief Executive Officer
(604) 260-5029
info@goldenpredator.com
www.goldenpredator.com

(1)NI 43-101 Technical Report “Preliminary Economic Assessment for the Brewery Creek Property Yukon Territory, Canada” Release Date of November 19, 2014.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations that the private placement will complete as described herein, that the Project will advance through permitting and feasibility.  Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

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