About Us

With a growing resource of more than 1 million ounces of gold at the past-producing Brewery Creek project and an exciting high-grade gold exploration project advancing in the Yukon at its 3 Aces project, Golden Predator boasts good infrastructure, large land positions, strong community support and excellent growth prospects under management aligned with shareholders. The Company continues to expand on its discoveries of native gold in orogenic quartz veins at the 3 Aces project through widespread drilling along the southern portion of a 4 0km trend.  Bulk sampling and processing at its 50 tpd Company-owned processing plant has demonstrated gold recoveries of over 85% using a chemical-free process. At Brewery Creek exploration drilling continues to expand resources while optimization studies are progressing to enhance the already positive economic parameters of the million-ounce plus deposit.

Projects

The Brewery Creek Project is a past producing heap leach gold mining operation, operated by Viceroy Resource Corporation from 1996 to 2002, temporarily close due to low gold prices. The 181 km2 property is located 55 km east of Dawson City, Yukon. Brewery Creek has NI43-101 Indicated mineral resources of 577,000 oxide gold ounces contained in 14.15 million tonnes of material with an average grade of 1.27 g/t, and Inferred mineral resources of 279,000 oxide gold ounces contained in 9.3 million tonnes with an average grade of 0.93 g/t.1 The Brewery Creek Project has a Socio Economic Accord with the Tr’ondek Hwech’in.

The 3 Aces Project is an orogenic gold target consisting of 1,734 claims 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.

Programs of close-spaced drilling followed-up by bulk sampling are an integral part of the Company’s commitment to continuously evaluate the quality of drill hole assays, optimal drill spacing for resource delineation and optimal metallurgical recovery. Golden Predator’s decision to begin bulk sampling at 3 Aces in the early stages of exploration was greatly influenced by the high-grade, nuggety nature of the gold mineralization found on the property. Known as “the nugget effect,” gold occurring in this manner is not distributed evenly throughout the deposit but is accumulated in clumps within the vein corridors. Initial independent metallurgical testing indicated gold recovery  of over 80% with simple gravity and mechanical methods without the use of chemicals.  

Bulk sampling is an underutilized tool that provides critical technical information that establishes the amenability of any given type of mineralization to various recovery methods and also provides unique three dimensional insight into the structure, mineralization, and geometry of a mineral deposit that is not available through any other technique. 

The Company-owned Pilot Processing Plant, the first of its kind in the Yukon, processes the permitted bulk sampling program. The plant consists of a closed system, without any water discharge, and a gravity circuit using water and no chemicals. The plant  is located off-site and has been connected to the electric grid. It is managed by a team skilled in engineering, metallurgy and operations.  A Company-owned, Yukon-based pilot processing plant provides the ability to test recovery methods, cost controls, better manage actual recovery while benefiting local communities and retaining knowledge and technical skills.

The wholly-owned subsidiary, the Yukon MintTM, The Yukon Mint™ is focused on creating gold coins that will be Yukon in almost every aspect, from raw material to design. The Yukon Mint™ works to ensure local communities benefit from Yukon mining and exploration projects. The gold used to create the coins is from the Golden Predator’s 3 Aces Project bulk sampling program processed using water and gravity only, without the use of chemicals.

The Company also holds the Grew Creek Project, Gold Dome Project and Marg Project, Yukon, which has a 2013 NI 43-101 Indicated Resource of 3.96 million tonnes of 1.57% copper, 1.92% lead, 3.90% zinc, 49.40 g/t silver, and 0.79 g/t gold and an Inferred Resource of 7.78 million tonnes of 1.12% copper, 1.36% lead, 2.89% zinc, 34.88 g/t silver, and 0.52 g/t gold filed on SEDAR (Burgoyne, 2011).