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Ownership of the Springer tungsten mine and mill gives Golden Predator fast track tungsten mining and milling capabilities
- Ten gold exploration properties in Nevada, Wyoming and Oregon - Seven have high grade Bonanza gold targets, four with ore grade drill intercepts, two with historical non 43-101
compliant resources.
- Experienced entrepreneurial management from Energy Metals Corporation
- Permitting underway for 1000 tpd CIL gold mill and restart of the tungsten mine and mill at
Springer
- Strong Institutional stock support - sophisticated ownership base
- Aggressive "get it done" philosophy - gives Golden Predator a significant edge on its competition!
- Has entered into an option agreement with Breakwater Resources on the Fostung tungsten property in Ontario. Extensive database is being utilized to confirm a non NI43-101 compliant resource of 12.2 Mt grading 0.23% WO3 and 0.16% MoS2
- Owns 10 Tungsten Properties in Nevada and 2 in Montana
- Consolidated and expanded the entire Springer Tungsten District including Pole Canyon and tailings placer claims. Total property now in excess of 14 square miles.
- Purchased the Copper King patented claims overlying a historical non 43-101 compliant 500,000 ton deposit of >0.45W03
- NI43-101 Technical Report for the Springer Mine nearing completion. Further infill work will be required to fully validate the GE historic resources in the vicinity of the Sutton 1 and Sutton 2mines of 3.35 million tons grading 0.458% WO3.
- Review of historic data indicates significant potential for high grade tungsten resources amenable to open pit mining at Springer.
- 5 gold properties Permitted and ready for drilling with others entering the permitting process.
- Working on a final agreement with Evolving Gold for the JV of the Rattlesnake Property in Wyoming. Terms include a 10% equity interest in Evolving with rights to maintain this levelof interest and a 0.5% NSR.
- Letter of Intent with Canyon Resources to control the Adelaide and Tuscarora Deposits inNorthern Nevada
- Planning aggressive drill program at Adelaide with additional drilling planned for Tuscarora,Silver Bow, Lantern, and Millers in the coming months and Quartz Mtn. in summer 2008.
- Nearing completion of Aker Kvaerner's engineering drawings for a stand alone gold processingcircuit at Springer. A-K has also provided the required drawings for renovation of the tungsten circuit. Both sets of drawings will be used in the submittal of operating permitapplications this fall. We anticipate a 12 month review period before the permits are granted.
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