Golden 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.
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.
Ongoing exploration programs at 3 Aces has established that (1) high gold grades can be reliably and repeatedly drill sampled with confidence; (2) mineralized intervals are structurally controlled and found at predictable stratigraphic positions; and (3) gold grades show continuity within the mineralized structures and can be expected over considerable distances. Metallurgical recovery has been demonstrated to approximate 95% with conventional treatment options.
3 Aces Highlights include:
- 357 km2 (35,700 hectares),100% owned (subject to underlying royalties)
- Located in Southeastern Yukon (40km South of the Cantung Mine)
- Extensive gold-in-soil anomalies identified within the 13.5km2 Central Core Area
- mineralized veins identified, many with visible gold occurrences
- Operates under a Class 4 Mining Land Use Permit.
The 3 Aces property is in the traditional territory of the Kaska Nation. In January 2013, Golden Predator signed an Exploration Agreement with the Kaska Nation, as represented by the Ross River Dena Council and the Liard First Nation, with respect to activities within their traditional territories.
The initial focus of the 2018 exploration program will be to drill wide-spaced diamond core holes into the major shear zones and folds associated with the postulated anticline. This work will begin in the Central Core Area and move along strike and down dip following already identified gold-bearing structures such as the upper and lower shear zones in the Hearts-Clubs corridor. Similar core drilling will also begin in the adjacent Sprogge area some 6 to 8 km to the southeast where work by previous operators has contributed further evidence supporting Golden Predator’s geological model. The program will be designed to establish the extent of the mineralization in the Central Core Area, delineate the mineralization at Sprogge and ultimately, attempt to connect the two areas of mineralization.
The Company also holds 100% of the advanced Brewery Creek Project in Yukon, Canada.