Golden Predator’s corporate mandate is to advance the Brewery Creek project towards production, securing a joint venture partner. In 2013, the Brewery Creek project established an updated oxide resource estimate of 14.1 million Indicated tonnes for 577,000 ounces at an average grade of 1.27 g/t Au and 9.3 million Inferred tonnes for 269,000 ounces at an average grade of 0.94 g/t Au. Resources were estimated with an average oxide cutoff grade of approximately 0.50 g/t Au, disclosed in NI 43-101 technical report filed on SEDAR(1). The Brewery Creek mine operated from 1996 to 2002, before closing down due to low gold prices. Mining licenses and permits are in place for continued exploration and a Socio Economic Accord with the Tr'ondek Hwech'in. The Company also holds additional projects with current resources and/or new discovery potential, including 3Aces, Grew Creek and the Marg & Clear Lake deposits.
1) NI 43-101 Technical Report on Resources, Brewery Creek Project, Yukon Territory, Canada by Donald Hulse, P.E., SME-RM, M. Claiborne Newton, III, Ph.D., SME-RM et al. Dated January 2014 filed on SEDAR.
August 5, 2014
Preliminary Economic Assessment on Brewery Creek Project, Yukon Commissioned by Golden Predator
July 15, 2014
Golden Predator Commences Preliminary
Metallurgical Characterization Tests at
3 Aces Project, Yukon
July 10, 2014
Golden Predator Announces Former Yukon Premier Dennis Fentie Appointed to the Board of Directors