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overview
Golden Predator Royalty & Development Corp.
Golden Predator's corporate mandate is to establish a self-funded precious metals exploration company with an immediate focus on exploring for and developing world class gold deposits in the Yukon's Tintina Gold Belt, where the Company is aggressively exploring its Gold (Scheelite) Dome, Antimony Mountain and Brewery Creek Projects. Brewery Creek, a former producer, hosts an indicated resource of 3.98 million tonnes grading 1.135 gpt Au (145,000 ozs) and an inferred resource of 2.2 million tonnes grading 2.01 gpt Au (143,000 ozs) using a cutoff grade of 0.5 gpt Au (Simpson, 2009). The Company's Yukon operations are supported by four divisions:
The Royalty Division partially self-finances the Company's exploration activities through its passive royalty stream. The Company owns royalties on 29 properties including a portion of Barrick's Bald Mountain Mine, Midway Gold's Pan Deposit, significant portions of US Gold's Tonkin Springs Deposit and Evolving Gold's Rattlesnake Project.
The Advanced Assets Division includes the Taylor Mine and Mill which hosts a measured resource of 1.2 million tons grading 2.5 ounces per ton silver and an indicated resource of 5.2 million tons grading 2.27 opt silver, for a total of 14.9 million ounces of contained silver at a 1.2 opt cut-off grade (Hester, 2009), as well as the Company's Alkalic Gold program in Wyoming and the Lewis-Phoenix and Bonterra joint ventures.
The Nevada Division is drilling a number of its properties with bonanza-style gold mineralization, including Angel's Camp, Adelaide and Golden Ridge to identify one or more properties for near term production of small-tonnage high grade ores. The Company intends, through its strategic use of modular mills at its Taylor and Humboldt mill sites, to become a mid-tier precious metals producer.
The Non-Core Assets Division is responsible for disposing of the numerous non-core properties which the Company acquired through historic M&A activities for cash, stock and retained royalties.
Golden Predator's experienced management is supported by a talented pool of exploration geologists, as well as metallurgists, permitting specialists and operations personnel dedicated to small mine development.
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Exploration & Development
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