Golden Predator Intersects Queen of Clubs Vein at 3 Aces Project; Outlines Conceptual Model of Mineralization
(nice little bonus area!)
VANCOUVER, BC--(Marketwired - February 16, 2017) - Golden Predator Mining Corp. (TSX VENTURE: GPY) (NTGSF) (the "Company" or "Golden Predator") is pleased to report assay results for a further 16 drill holes of a total of 54 holes completed in the winter 2016 drill program at the 100% owned 3 Aces Project in southeastern Yukon. These drilling results were completed at the undrilled Queen of Clubs and Nine of Clubs targets. Management is also pleased to present a discussion of its initial conceptual model for mineralization at 3 Aces Project, which will be tested in the 2017 drilling campaign.
The Queen of Clubs is located approximately 600 m higher in elevation and 2 km NW of previously announced drilling at the Aces of Spades (GPY News Release dated January 19, 2017). This target was discovered in 2016 by prospecting a gold in soil anomaly followed by trenching that identified gold-bearing quartz veins. Drilling of the target has successfully intersected mineralized veining in 6 of 8 drill holes.
Significant results reported at true width include:
Hole 3A16-RC-068 intersected 1.95 m of 29.79 g/t gold from a depth of 29.72 m, including 0.65 m of 55.80 g/t gold;
Hole 3A16-RC-069 intersected 2.28 m of 10.09 g/t gold from a depth of 21.34 m, including 0.57 m of 27.90 g/t gold; and
Hole 3A16-RC-070 intersected 0.66 m of 47.50 g/t gold from a depth of 29.72 m, and 2.66 m of 10.08 g/t gold from a depth of 34.29 m.
