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.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) today announced that is has retained Kappes, Cassiday & Associates to complete a fast-track Feasibility Study (“FS”) for Phase 1 of the Company’s production plans to reopen it’s 100% owned Brewery Creek Gold Mine located 45 minutes from Dawson City, Yukon.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company “or “Golden Predator”) is pleased to announce tests have successfully confirmed that EnviroLeach Technologies Inc.’s (“EnviroLeach”) (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) formula effectively extracts and recovers more than 95% of the gold from sulfide concentrates produced at the Company’s 3 Aces Project. The concentrate is produced using Golden Predator’s Secondary Recovery Unit (SRU™). With this environmentally friendly technology confirmed in successive tests both in the EnviroLeach facility and at the Golden Predator bulk sample processing plant (the “Plant”), the companies have initiated a larger material test run to process up to 5 tonnes of gold-bearing sulfide concentrates to be completed onsite at Golden Predator’s Plant in Canada’s Yukon.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) reports significant gold mineralization in 9 of the 10 initial drill holes from its Fall 2019 exploration program at its 100% owned fully licensed Brewery Creek Mine project located 45 minutes from Dawson City, Yukon. Several of these holes, which were generally shallow and proximal to the existing pits, encountered higher than anticipated gold grades. The Company has focused intensely on preparing the former gold producer for redevelopment work to commence in 2020 and has undertaken an aggressive exploration program designed to expand and upgrade current resources. To date, 138 exploration drill holes have been completed for a total of 15,223 m (59,995 ft).
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce the Company has received $3.35 million in proceeds from the exercise of outstanding share purchase warrants with an expiry date of October 27, 2019, originally issued as part of the Company’s October 27, 2016 private placement financing. All related warrants have been exercised, including the participation of management, directors and other insiders.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) reports major advances in the work program at its 100% owned Brewery Creek Mine project located 45 minutes from Dawson City, Yukon. Following the announcement (July 2019) of the approval of the Quartz Mining License and Water License at Brewery Creek, the Company has focused intensely on preparing the former gold producer for redevelopment work to commence in 2020. The Company has also undertaken an aggressive exploration program designed to expand and upgrade current resources.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce multiple high-grade grab samples including 605.0 g/t Au, 497.0 g/t Au, 113.0 g/t Au and 78.3 g/t Au and GT Probe samples up to 17.35 g/t Au at the site of the recent Titan discovery, located on the road accessible Hen property contiguous to the Company’s JP Ross property, less than 15km WNW from the Vertigo discovery, in Yukon, Canada. These results demonstrate an extension of the regional scale high-grade gold system encountered across the adjacent JP Ross Property, including the Vertigo and other recently discovered targets along the Vertigo trend. Exploration activities were conducted to follow up on positive soil sample results previously released, which included values up to 113 g/t (113,000 ppb) Au, the highest ever recorded in the Company’s extensive soil database(1). Follow up activities have included infill soils, ground geophysical surveys (VLF & magnetics), prospecting/geologic mapping, GT Probe and RAB drilling, with additional results to be released in due course. The Company’s fully-funded $13 million 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.