Vancouver, BC, January 15, 2019: Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) today announced the results of an updated NI 43-101 Technical Report for the Brewery Creek project in Canada’s Yukon. Prepared by Gustavson & Associates, the report estimates that, at a gold price of $1325/oz, Indicated oxide gold resources have increased 55% while Inferred oxide gold resources have increased 78% since the previous resource estimate (2014 PEA). Indicated tonnage rose 89% and Inferred tonnage rose 85% while the Indicated resource grade declined 18% and Inferred oxide grade fell 3%, reflecting the benefit of a higher gold price assumption compared to 2014.
One of the biggest issues miners face is processing the material they extract in an efficient and effective manner. For Golden Predator’s (V.GPY) 3 Aces project, bulk sampling has yielded a great deal of knowledge and with it three distinct concentrates. All are high grade, but each presents a different processing challenge.
The Yukon Mint Corporation (Yukon Mint™, a subsidiary of Golden Predator Mining Corp.) (TSXV:GPY; OTCQX:NTGSF) is pleased to unveil the winning designs of the 2019 Yukon Gold Coin and Kaska Gold Coin. The 2019 Yukon Gold Coin beautifully features the work of artist Gord Peter’s original carving: Aha Da Ta (Eagle Man). Artist Dennis Shorty’s original work is proudly displayed on the 2019 Kaska Gold Coin: Kaska Kayeh (Kaska Land). The Yukon Mint™ produces its 2019 Limited Edition series in 1 ounce, ¼ ounce and 1/10 ounce denominations.
EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”), (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) and Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (“Golden Predator”) are pleased to announce the Companies have entered into an agreement to use EnviroLeach’s proprietary cyanide-free hydrometallurgical technology to extract gold from gravity concentrate produced at Golden Predator’s 3 Aces Project.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) is pleased to announce Mr. Michael (Mike) Maslowski will rejoin the Company as Chief Operating Officer charged with advancing the Brewery Creek Mine, located near Dawson City in Canada’s Yukon, through development into production. Mike previously served as Chief Operating Officer of Golden Predator from 2011 to 2014 and his familiarity with the project will enable the fully licensed Brewery Creek to advance quickly into construction in 2020.
In the junior mining business, there are conferences going on all the time. However, September is particularly conference heavy. The Metals Investors Forum just wrapped up in Vancouver and now many companies are at Beaver Creek Summit in Colorado. Then it is on to the Denver Gold Show next week.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) sadly reports that former Golden Predator Director and Yukon Premier Dennis Fentie has lost his brave battle with cancer, passing away on August 29th, 2019. Dennis passionately and tirelessly served the Yukon for 10 years as Premier before re-entering the private sector where he brought the same passion, wisdom and enthusiasm as a key member of the Company’s board until his resignation two weeks ago. On behalf of the Board of Directors, management and staff we offer our sincere condolences to his widow Lorraine and his extended family and friends.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) announced today that Robin Fraser of Canadian Northern Mining Corp. and James Hesketh of Kalex LLC. have joined the Golden Predator team as contractors providing engineering, mining and metallurgical services to the Brewery Creek Mine in Canada’s Yukon. The Brewery Creek Mine is a fully licensed past producing gold mine with existing infrastructure and established resources.