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Have you looked at the pending sale of Grew to Redtail and the bridge financing to Northern Tiger with subsequent merger of Northern Tiger and Redtail, with GPRXF being contolling owner ?
I like the Royalty on Pan and Bold Mountain, but have no idea what is happening here over the past 2-3 months ????
Anybody in the know ???
Golden Predator Mining changed to Americas Bullion Royalty Corp.
http://www.otcbb.com/asp/dailylist_detail.asp?d=02/21/2013&mkt_ctg=NON-OTCBB
Fresh Releases - November 5, 2012
Golden Predator T.GPD | Platinum Group Metals T.PTM | Brixton Metals V:BBB | Kiska Metals V.KSK
Kevin Michael Grace
Golden Predator reports Yukon Gold Assays up to 1.04 g/t over 41.2m
Platinum Group reports South African PGE+Gold assays up to 2.98 g/t over 58m
Brixton, Kiska report BC Assays up to 5.67 g/t Gold Equivalent over 150.5m
Read the rest of these press releases and their summaries. http://resourceswire.com/2012/11/fresh-releases-14/
Great job on $35 Million.
Buying dips here could be wise.
That $35m will move these guys forward real good.
Big turning point for company. I expect $.55+ by year end with GPD
Golden Predator arranges USD $35,000,000 Loan Facility with RK Mine Finance; Closes Brewery Creek Acquisition
http://www.heraldonline.com/2012/09/27/4295737/golden-predator-arranges-usd-35000000.html
VANCOUVER, Sept. 27, 2012 — TSX: GPD
VANCOUVER, Sept. 27, 2012 /PRNewswire/ - Golden Predator Corp. (TSX:GPD) (the "Company") is pleased to announce that it has executed definitive agreements with MF Investment Holding Company 1 (Cayman) Limited ("MF Investment"), part of the Red Kite group, for a senior secured loan facility in the principle amount of USD $35,000,000 (the "Loan"). The Loan proceeds will be utilized to develop the Brewery Creek project and complete the Brewery Creek acquisition.
"We are pleased that Red Kite has appreciated the opportunities presented by our Brewery Creek project. This financing consolidates our interest in the project and ensures Brewery Creek moves forward as planned," said William M. Sheriff, Chairman and CEO. We look forward to Brewery Creek advancing towards becoming the Yukon's next gold producer in 2014."
USD $35,000,000 Loan Facility The Loan will be provided through three advances, the first advance of USD $10,000,000 having been provided on September 25, 2012 and two subsequent advances of USD $10,000,000 and USD $15,000,000, respectively, being made on completion of certain specified conditions including delivery of an acceptable pre-feasibility study and receipt of any required permit amendments for the Brewery Creek Project.
The first $10,000,000 of the Loan matures on July 1, 2015, the next $15,000,000 on March 31, 2016 and the final $10,000,000 matures on December 31, 2016. The Loan bears interest payable at LIBOR plus 8% per annum, subject to a minimum interest rate of 10%. As a condition to the second advance of the Loan, the Company has agreed to enter into an offtake agreement under which it will sell to MF Investment the first 500,000 ounces of gold produced from the Brewery Creek Project at a discount of 1.5% to the spot price.
Of the initial advance, CAD $3,205,000 was used to complete the acquisition by Golden Predator of the Brewery Creek Project from Alexco Resource Corp. ("Alexco") as more particularly described below, with the balance of the net proceeds of the Loan will be used exclusively to fund the working capital requirements of the Company related to or arising in connection with the exploration and development of the Brewery Creek Project.
Brewery Creek Purchase The Company has closed the previously disclosed transactions contemplated under the purchase agreement dated February 14, 2012 among Alexco, the Company and Golden Predator Canada Corp. (the "Purchase Agreement"). The Company now owns a 100% interest in the Brewery Creek Project, subject to a 2% net smelter royalty ("NSR") in favour of Alexco on the first 600,000 ounces of gold produced from the Brewery Creek Project, following which the NSR will increase to 2.75%. The Company has the right to repurchase 0.625% of the increased NSR for CAD $2,000,000 (which, if so acquired, would result in a 2.125% NSR on gold to Alexco).
In exchange for a 100% interest in the Brewery Creek Project and in addition to the NSR, the Company paid to Alexco CAD $3,205,000, representing the cash consideration to be paid under the Purchase Agreement (CAD $4,000,000) less the amount of the reclamation bond that had been posted by Alexco with the Yukon government (CAD $795,000) and issued to Alexco 7,500,000 common shares and 3,750,000 share purchase warrants of the Company (the "Warrants"), each Warrant entitling Alexco to purchase one additional common share of the Company at a price of CAD $1.15 for a period of two years from closing.
Receives Major Exploration Permit for Brewery Creek
VANCOUVER, July 23, 2012 /CNW/ - Golden Predator Corp. (TSX:GPD) (the "Company") is pleased to announce that it has obtained final approval and issuance, from the Yukon Government's Energy, Mines & Resources Department, for a Class 4 Mining Land Use permit (Class 4 Permit) on its flagship Brewery Creek Project.
TheClass4Permitprovidesforexpansionofexplorationactivitiesacrossthemorethan180squarekilometerBreweryCreekProject. This exploration permit is in addition to the pre-existing Water and Quartz Mining License affecting portions of the Project area.
"This permit will allow Golden Predator to expand our exploration program, drill test a number of untested targets, delineate our new discoveries while at the same time moving forward towards restarting the Brewery Creek mine through the process of amending our existing Quartz Mining License," said William M. Sheriff, Chairman & CEO. "Our ability to access and fully drill test these new discoveries creates the opportunity for Brewery Creek's resources to grow, ultimately supporting a longer term operation."
Authorized Activities under the Class 4 Permit include:
the expansion of drilling activities up to and including 8 drill rigs operating simultaneously (1500 reverse circulation holes and 1500 diamond core holes); the construction and use of up to 61 KM of new access roads across the Project; the expansion of the existing 45 person camp facility to a 120 person camp facility; the use and operation of vehicles exceeding 40 tonnes on existing roads; expanded fuel storage capacity; the expansion of mechanized trenching up to 12,000 m3.
Brewery Creek Project Overview
Brewery Creek hosts NI 43-101 compliant resources of 581,000 indicated gold ounces in 20.417 million tonnes at 0.89 g/t and 346,000 inferred gold ounces in 12.990 million tonnes at 0.83 g/t (Barr, 2012; GPD NR 12-20 June 18, 2012). The Company anticipates publishing an updated resource estimate incorporating the current year's drilling later in the year.
The Brewery Creek Project is a past producing heap leach gold mining operation with a total of 278,484 oz Au produced from seven near-surface oxide deposits along the property's Reserve Trend from 1996 through 2002, when the mine (operated by Viceroy Resource Corporation) shut down primarily due to low gold prices. The 181 km2 property is located 55 km due east of Dawson City, accessible by paved and gravel roads from the junction of the North Klondike and Dempster Highways.
The Project is in receipt of all necessary permits required to conduct additional exploration. The Brewery Creek Project holds a Type A Water License with an expiry date of December 31, 2021, subject to the restrictions and conditions contained in the Yukon Water Act and Regulations. The Project also holds a Quartz Mining License (QML) with an expiry date of December 31, 2021. The Company is working to amend the Water License and the QML to incorporate mine planning and design studies which are currently underway. In addition, a restated and amended Socio-Economic Accord with Tr'ondek Hwech'in First Nation with respect to the Brewery Creek Project is in place.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Chief Operating Officer and a Qualified Person as defined by National Instrument 43-101.
NEWS RELEASE
June 28, 2012
Golden Predator Corp. and Seabridge Gold Inc.
Announce Closing of Transactions with Wolfpack Gold Corp.
Toronto, Canada...Golden Predator Corp. and Seabridge Gold are pleased to announce the closing of the previously announced transactions pursuant to which Golden Predator and Seabridge contributed an industry-leading portfolio of US gold assets to Wolfpack Gold Corp.
Golden Predator and Seabridge both seek to focus on their advanced Canadian assets and as such contributed select US gold properties to Wolfpack to create value from undervalued assets, and create a premier gold exploration and development company with its principal projects in Nevada, USA.
Golden Predator and Seabridge contributed to Wolfpack a total of 5 advanced stage properties, 3 development properties and a portfolio of exploration stage properties collectively comprising over 29,000 hectares of land, with Golden Predator's Adelaide Property and Seabridge's Castle Black Rock Property being the most advanced.
Please refer to the news release dated June 7, 2012 for a more detailed description of the transactions with Golden Predator and Seabridge.
Complete news release - http://seabridgegold.net/news.php
Stock Quote - http://www.seabridgegold.net/quotes.php
Additional Information - info@seabridgegold.net
It all seems positive. Volume was always lacking. I wanna jump in
did a little digging . . .
http://elkodaily.com/mining/article_6ce666b8-9dea-11e0-b89f-001cc4c002e0.html
and
http://elkodaily.com/mining/article_6ce666b8-9dea-11e0-b89f-001cc4c002e0.html
the last one includes
Thanks for catching that ByW.
Still no info on plans to keep Wolfpack private, or not, and also not much available on its treasury ability to do much at this point. It did take a long time to finalize terms and two smart players vending in properties so one would assume they see success in the future for Wolfpack Gold.
Sleeman Zone Drilling Intersects 40.9 m of 1.81 g/t Gold and 19.7 g/t Silver;
Brewery Creek Project, Yukon
Vancouver, Canada — March 22nd, 2012: Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce the results from the final 10 diamond core holes drilled in late 2011 from the Sleeman Zone at its flagship Brewery Creek Project located near Dawson City, Yukon. The Sleeman Zone continues to remain open along strike in both directions as well as down dip. Three of the 10 holes reported here bottomed in gold mineralization. Highlights of the current release include:
? BC11-344 with 14.0 m of 1.17 g/t gold and 21.2 g/t silver from a depth of 187.0 m and 3.7 m of 1.35 g/t gold and 66.5 g/t silver from a depth of 208.3 m; and
? BC 11-361 with 40.9 m of 1.81 g/t gold and 19.7 g/t silver from a depth of 173.0 m and 16.9 m of 1.11 g/t gold and 13.9 g/t silver from a depth of 228.5 m including bottoming in 3.4 m of 2.68 g/t gold and 37.5 g/t silver.
Sleeman Zone Geology
Mineralization at the Sleeman Zone is hosted in altered intrusive rocks occurring as a tabular zone dipping moderately to the south-southwest. To date, gold mineralization has been drilled to a vertical depth of approximately 200 m from surface, extends horizontally well over 400 m, and is open in both directions along strike and down dip. The geochemical signature of the gold bearing zone at Sleeman is distinctly elevated in lead, zinc and silver. A 16.5 line km IP survey was completed in late 2011. Surface geochemistry, magnetics and IP all support the existence of a potential target well in excess of 1 km in strike length. The Sleeman Zone deposit is currently open at depth as well as in both directions along strike.
Additional 2011 Diamond Drill Holes at Brewery Creek, Yukon Significant Intercepts (1), (2) Hole Interval (m) Gold (g/t) Silver (g/t) From (m) To (m) Sleeman Zone
(1) Results where g/t x m is less than 2.20 are not reported in this table. Some intervals in excess of 2.20
may not be reported if they are deemed to be insignificant due to narrow width, excessive depth or other factors.
(2) Grams per tonne (g/t) to troy ounces per short ton: g/t divided by 34.2857 or multiplied by .0292. Metres
to feet: 1 m equals 3.28084 ft.
Hole BC11-343 bottomed in 3.3 m of 0.58 g/t gold, Hole BC11-356 bottomed in 1.1 m of 2.47 g/t gold and 22.6 g/t silver and Hole BC 11-361 bottomed in 3.4 m of 2.68 g/t gold and 37.5 g/t silver. Hole BC11-362 did not intercept significant mineralization.
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Brewery Creek Project Update
The Company completed 344 core and RC holes for 55,453 m at Brewery Creek in 2011. The 2011 drilling was concentrated on delineating the three 2011 discoveries at the Bohemian-Schooner, Sleeman and Classic Zones, with significant additional drilling on the North Slope and the East and West Big Rock Zones.
Current year drilling will concentrate on further expansion of the Sleeman, Classic and Bohemian- Schooner Zones as well as exploration of a number of quality targets resulting from 2011 geochemical and geophysical surveys of the Project area.
The Brewery Creek Project is a past producing heap leach gold mining operation with a total of 278,484 oz Au produced from seven near-surface oxide deposits along the property's Reserve Trend from 1996 through 2002, when the mine (operated by Viceroy Resource Corporation) shut down due to low gold prices. The 200 km2 property is located 55 km due east of Dawson City, accessible by paved and gravel roads from the junction of the North Klondike and Dempster Highways. In May 2011 the Company staked an additional 204 quartz claims east of the historic Brewery Creek property, increasing the Project to a total of 997 quartz claims.
The Project is in receipt of all necessary permits required to conduct additional exploration. The Brewery Creek Project is authorized under a Type A Water License with an expiry date of December 31, 2021, subject to the restrictions and conditions contained in the Yukon Water Act and Regulations. The Project also has a Mining license with an expiry date of December 31, 2021. In addition, a Socio-Economic Accord with Tr'ondek Hwech'in First Nation with respect to the Brewery Creek Project is in place.
The Company anticipates receiving a NI 43-101 compliant resource estimate, currently underway, in April 2012. The resource estimate will include all results from the 2011 drill program.
Sampling Methodology, Quality Control and Assurance
Samples were fire assayed for gold by ALS Chemex and ACME Laboratories in Vancouver. All assays are reported as drilled intervals and are not to be interpreted as true widths. Refer to the Company’s news release dated October 27, 2011 for a complete discussion of sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Chief Operating Officer and a Qualified Person as defined by National Instrument 43-101.
About Golden Predator Corp.
Golden Predator Corp., Yukon’s Gold Company, is mandated to become a mid-tier gold producer. Golden Predator’s road-accessible advanced properties include its flagship Brewery Creek Project at which the Company is moving aggressively to a near term production decision, as well as its Grew Creek and Clear Creek Projects.
Golden Predator has one of the largest controlled land position in the Yukon, with exploration holdings in excess of 1,000,000 acres, and is committed to strong relationships with Yukon First Nations and communities. Golden Predator’s management and technical teams continue to lead aggressive exploration programs in the underexplored regions of the Yukon, and are driven to bring value to shareholders and leave a positive legacy.
For additional information:
Golden Predator Corp. William M. Sheriff, Chairman & Chief Executive Officer
(604) 648-GOLD (4653)
info@goldenpredator.com
www.goldenpredator.com
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Golden Predator's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Golden Predator assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.
Expert Analysis
http://www.theaureport.com/pub/co/551#quote
http://www.theaureport.com/cs/user/download/co_file/2798/GPDcorppresnew.pdf
The Gold Report Interview with Jeff Berwick (3/26/12) "Golden Predator Corp.'s flagship project, Brewery Creek, is a fully permitted mine with two leach pads in place holding 120 of gold, 30% of which the company thinks may be recoverable. In the ground, it has an NI 43-101 resource estimate of about 288 Koz gold, half Indicated, half Inferred, some of it in the Proven and Probable category at a grade of about 1.6 g/t in near-surface oxides. That estimate will probably grow to 1 Moz once it publishes its updated NI 43-101 in the next few months. . .
Golden Predator has a strong balance sheet; it will not have to issue a trillion shares just to get up and running. That is one reason it makes sense to start up with a resource as small as 1 Moz. Management tells us they are targeting commercial production and positive cash flow within 14 months, starting with small-scale production of 30 Koz/year. Management will use the cash flow to expand over two years to a processing rate of 140 Koz/year. Its royalty portfolio is strong, with more than a $30M NPV in our opinion and a lot of non-core assets it can monetize." More >
Kwong-Mun Achong Low, Northern Securities (3/22/12) "Golden Predator Corp. released 10 additional drill holes at the Sleeman zone, Brewery Creek: hole of note includes BC 11-361 with 41m of 1.8 g/t gold and 20 g/t silver from 173m depth and 17m of 1.1 g/t gold and 14 g/t silver from a depth of 229m, bottoming in mineralization. . .most of our net asset value valuation is captured in the wholly owned Brewery Creek asset, which offers both exploration and near-term production potential, in our opinion."
Morning Coffee (3/16/12) "Golden Predator Corp. announced the results from an additional 14 diamond drill holes completed in late 2011 from the Bohemian-Schooner zone at its flagship Brewery Creek project. . .highlight intersections included: hole BC11-346 with 24m of 1.47 g/t gold from a depth of 56m including 7.5m of 3.54 g/t gold and hole BC11-352 with 28.7m of 0.96 g/t gold from a depth of 80.8m."
Brien Lundin, Gold Newsletter (Jefferson Financial) (3/15/12) "Golden Predator Corp. reached an agreement with Alexco Resource Corp. to convert Golden Predator's option to take a 75% interest in Brewery Creek into a purchase agreement whereby the company will fully own the project. . .the deal cements the project's flagship status and paves the way for renewed gold production on the existing leach pad. . .I continue to like Golden Predator's management team, property position and business model, and it remains a Buy at current levels."
Morning Coffee (3/6/12) "Golden Predator Corp. announced its third major discovery at its Brewery Creek project located near Dawson City, Yukon. The precious metals explorer released 2011 results for the initial 24 holes from the newly discovered Classic zone. . . significant mineralization was encountered in 22 of the 24 holes. . .the Classic zone lies approximately 3km south of the main Reserve trend and has the potential to open the entire southern portion of the large Brewery Creek project to further exploration and discovery."
GPD in Resource World (1/2/12)
Corporate Presentation (1/9/12)
Corporate Profile (1/11/12)
Yukon Geosciences Forum Update (12/7/11)
External Link: GPD: Update on Royalty Property Baldy Mountain
An interesting viewpoint gharma - I think you like revenue streams from royalties. :~).
...................And, I agree with you.
Recently, the CEO purchased some shares - I think it was last week. That is always a good sign.
Have a good day.
B
If you look back at the history of GPD (post CA Dealer Network) it seems to be treated like a producer when precious metals take it on the chin, getting hit down hard, and the recovery is slow, but then comes another catalyst from one of its active projects. It is much like the market is willing to selectively forget the company does have a revenue stream from its royalty portfolio, but remember that when the metals are getting beaten up. I have been happy to cost average and view GPD as a long-term position.
Had quite a pullback here again. Market fears another Financing in a few months. We'll get the updated resource numbers prior to May........so I think this is near bottom now.
I hope to load more by Weeks end !!!
cheers
Van
I got about $20K worth of Shares prior to the POP. In good shape.
Radar Kiska prior to them Breaking out.
Van
Sure hope your largest part of initial placement filled before today Van. GPD is under the radar, but also on the upper list of a number of analysts, and that sure seems to show today ! Even with the 20+/-% move today this is undervalued, good properties (beyond Brewery Creek), tested management, and royalty cash flow.
Yep, nice news indeed.....Market Should continue taking this higher...........Golden Predator is still very cheap here.
I will continue to Build a "Sizeable" position here.
OT: Victoria Gold my other Favorite Junior Gem, just released their Feasibility results today..........I think they are deeply undervalued as well.
http://finance.yahoo.com/news/Positive-Feasibility-Study-iw-37984770.html?x=0
Van
GPD NEWS : and : Good choice VanWilder
Overdue or not is really hard to say . . . I had not heard how well the plan to try to keep drilling on through the winter has worked out, given that it has apparently been a brutal winter, but it looks like they are firing up the drills now.
See this Feb 21 NR
Golden Predator Commences 2012 Drill Program at Brewery Creek
http://www.goldenpredator.com/documents/GPD-NR12-07-2012-02-22-Brewery-Creek-Drilling-Commences-FINAL.pdf
As for results, there is this Feb 22 NR covering 3 diamond and 11 RC holes drilled late 2011 season in one of the 3 secondary/new target areas
East Big Rock Zone Drilling Intersects 15.2 m of 1.93 g/t Gold,Brewery Creek Project, Yukon
http://www.goldenpredator.com/documents/GPD-NR12-08-BC-2012-02-22-Big-Rock-Results-FINAL.pdf
At the end of their NRs GPD used to be very good at noting what assay results are still outstanding, but I see no such note on this one, nor the past few. Since there has been news on the three secondary/new targets now, we may be getting to the end of news from the 2011 season at Brewery Creek.
Kwong-Mun Achong Low, Northern Securities (2/16/12) "Golden Predator Corp. announced plans to consolidate the remaining 25% ownership of its flagship Brewery Creek property from former owner Alexco Resource Corp. . .we are happy to see that Golden Predator is set to own 100% of the property and can take full advantage of a property that offers both exploration and near-term production. . .we believe that the company offers investors a good combination of exploration potential in the Yukon with the promise of near-term production at its Brewery Creek project."
Brien Lundin, Gold Newsletter (Jefferson Financial) (2/3/12) "Golden Predator Corp.'s assays that have come back from the lab for Brewery Creek in January have been uniformly positive, with good results from its North Slope, Sleeman and West Big Rock targets. . .should the company continue to enjoy strong drilling results at Brewery Creek, it should have no problem pulling the trigger on a production decision for the property. It already has much of the permitting it needs in place to begin mining again on this past-producing project. . .Golden Predator has managed to accumulate one of the Yukon's most impressive land positions."
I need to make to money, so I can buy more of Golden down at these levels.
Any idea when the next mineral report may come out......I have been hearing it's overdue......Hoping to load prior.
Great company with great management and great location. What more could you ask for?
Just started loading Golden Predator this week, great company flying under the radar.
Here are my Top 3 Juniors:
Victoria Gold Corp
Kiska Metals
Golden Predator.
Intermediates:
BRD
PPP
LSG
Majors:
AEM
KGC
AUY
All sorts of good things can be said about this one property in GPD's inventory, but one thing from that NR needs to be brought forward:
A NI 43-101 compliant resource estimate for the entire property is anticipated before the end of January.
So we have a very near-term catalyst. I just hope when it hits that people realize which parts of this property are and are not covered, and that with the permits all in hand this is positioned to add to GPDs existing revenue stream a lot sooner than some might assume.
Cheers
West Big Rock Zone Drilling Intersects 16.8 m of 2.91 g/t Gold, Brewery Creek Project, Yukon
Vancouver, Canada
— January 19th, 2012:
Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce the results from 22 RC holes drilled in late 2011 from the West Big Rock Zone at its flagship Brewery Creek Project. Highlights of the current release include:
• RC-2439 with 13.7 m of 1.05 g/t gold from a depth of 86.9 m;
• RC-2443 with 9.1 m of 1.58 g/t gold from a depth of 106.7 m;
• RC-2449 with 16.8 m of 2.91 g/t gold from a depth of 67.1 including 10.7 m of 4.37 g/t gold; and
• RC-2461 with 45.7 m of 0.52 g/t gold from a depth of 102.1 m.
A complete table of results and location map can be found on the Company’s website at: http://www.goldenpredator.com/documents/GPD-NR12-05-Brewery-Creek-2011-West-Big-Rock-Results-FINAL.pdf
West Big Rock Zone Geology
The West Big Rock resource area is the farthest west known gold resource at the Brewery Creek Project. Gold mineralization occurs primarily in clay altered quartz monzonite sills and to a lesser extent in siliclastic sedimentary rocks. The primary mineralized zone outcrops, with a strike of N70 o E and dip of 40o to the southeast.
The 22 drill hole reverse circulation program was designed to test the down-dip continuity of the West Big Rock Zone which had seen previous drilling along a 450 m strike. Drill holes RC11-2449 through RC11-2452 and RC11-2461 encountered significant gold mineralization in the western portion of the deposit over a strike length of 150 m and from 40 to 70 m down dip from previous drilling. These drill holes represent the most westerly drill tests of the West Big Rock Zone, which remains open to the west along strike. Drill holes RC11-2454 through RC11-2457 also encountered significant gold mineralization over a 75 m strike length and approximately 50 m down dip from previous drilling in the center of the zone. Drilling along the eastern margin continued to extend gold mineralization both along strike and down dip with significant gold intercepts in holes RC11-2439, RC11-2441 through RC11-2443, and RC11- 2445.2
The 2011 West Big Rock drill program has demonstrated the down dip continuity of gold mineralization in the Zone and all of the 2011 drill intercepts remain open down dip and to the west along strike. Additional drilling in 2012 is anticipated to expand the gold resource at West Big Rock.
2011 Year End Brewery Creek Project Update The Company completed 344 core and RC holes for 55,453 m at Brewery Creek in 2011. Drilling to date has been concentrated on delineating the two 2011 discoveries at the Bohemian-Schooner and Sleeman Zones, with significant additional drilling on the North Slope and Classic Zones.
A NI 43-101 compliant resource estimate for the entire property is anticipated before the end of January. Current year drilling will resume early in the first quarter and will concentrate on further expansion of the Sleeman, Classic and Bohemian Schooner Zones as well as exploration of a number of quality targets resulting from 2011 geochemical and geophysical surveys of the Project area.
The Brewery Creek Project is a past producing heap leach gold mining operation with a total of 278,484 oz Au produced from seven near-surface oxide deposits along the property's Reserve Trend from 1996 through 2002, when the mine (operated by Viceroy Resource Corporation) shut down due to low gold prices. The 200 km2 property is located 55 km due east of Dawson City, accessible by paved and gravel roads from the junction of the North Klondike and Dempster Highways. In May 2011 the Company staked an additional 204 quartz claims east of the historic Brewery Creek property, increasing the Project to a total of 997 quartz claims.
The Project is in receipt of all necessary permits required to conduct additional exploration. The Brewery Creek Project is authorized under a Type A Water License with an expiry date of December 31, 2021, subject to the restrictions and conditions contained in the Yukon Water Act and Regulations. The Project also has a Mining license with an expiry date of December 31, 2021. In addition, a Socio-Economic Accord with Tr'ondek Hwech'in First Nation with respect to the Brewery Creek Project is in place.
Sampling Methodology, Quality Control and Assurance
Samples were fire assayed for gold by ALS Chemex and ACME Laboratories in Vancouver. All assays are reported as drilled intervals and are not to be interpreted as true widths. Refer to the Company’s news release dated October 27, 2011 for a complete discussion of sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Chief Operating Officer and a Qualified Person as defined by National Instrument 43-101.
About Golden Predator Corp.
Golden Predator Corp., Yukon’s Gold Company, is a well-funded exploration company mandated to become a mid-tier gold producer. Golden Predator’s road-accessible advanced properties include its flagship Brewery Creek Project at which the Company is moving aggressively to a near term production decision, as well as its Grew Creek and Clear Creek Projects.
Golden Predator has the largest controlled land position in the Yukon, with exploration holdings in excess of 1,400,000 acres (over 5,700 km2), and is committed to strong relationships with Yukon First Nations and communities. Golden Predator’s management and technical teams continue to lead
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aggressive exploration programs in the underexplored regions of the Yukon, and are driven to bring value to shareholders and leave a positive legacy.
Patience. We all want to be rich today but only a few will be around to cash in when miners go ballistic. May be months, may be years. I'll be around.
Golden Predator intersects 30.5 m of 1.97 g/t Gold at its Brewery Creek Project, Yukon
Vancouver, Canada— January 12, 2012: Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce further results of the final 6 Core and 28 RC drill holes from the North Slope Zone at its flagship Brewery Creek Project. Highlights of the current release include:
• BC11-345 with 10.0 m of 2.06 g/t gold from a depth of 115.0 m with hole ending in 5.27 g/t gold;
• RC11-2417 with 35.1 m of 1.04 g/t gold from a depth of 29.0 m; as well as
• RC11-2418 with 30.5 m of 1.97 g/t gold from a depth of 29.0 m; including 7.62 m of 5.16 g/t gold from a depth of 32.0 m and 3.05 m of 4.27 g/t gold from a depth of 53.3m.
A complete table of results and location map can be found on the Company’s website at:
http://www.goldenpredator.com/documents/GPD-NR12-04-Brewery-Creek-NS-Jan-12-2012-FINAL.pdf
North Slope Zone Geology
The North Slope area lies approximately 1 km northwest of the Reserve-trend deposits which were historically mined at Brewery Creek. It is parallel and structurally similar to those deposits but occupies a different (lower) part of the stratigraphic section. Gold mineralization at North Slope is hosted in altered quartz monzonite sills and adjacent siltstones.
2011 Year End Brewery Creek Project Update The Company completed 344 core and RC holes for 55,453 m at Brewery Creek in 2011. Drilling to date has been concentrated on delineating the two 2011 discoveries at the Bohemian-Schooner and Sleeman Zones, with significant additional drilling on the North Slope and Classic Zones.
A 43-101 compliant resource estimate for the entire property is anticipated before the end of January. Current year drilling will resume early in the first quarter and will concentrate on further expansion of the Sleeman, Classic and Bohemian Schooner Zones as well as exploration of a number of quality targets resulting from 2011 geochemical and geophysical surveys of the project area.
The Brewery Creek Project is a past producing heap leach gold mining operation with a total of 278,484 oz Au produced from seven near-surface oxide deposits along the property's Reserve Trend from 1996 through 2002, when the mine (operated by Viceroy Resource Corporation) shut down due to low gold prices. The 187 km2 property is located 55 km due east of Dawson City, accessible by paved and gravel roads from the junction of the North Klondike and Dempster Highways. In May 2011 the Company staked an additional 204 quartz claims east of the historic Brewery Creek property, increasing the Project to a total of 997 quartz claims.
The Project is in receipt of all necessary permits, including the Class 3 Mining Land Use permit required to conduct additional exploration. The Brewery Creek Project is authorized under a Type A Water License with an expiry date of December 31, 2021, subject to the restrictions and conditions contained in the Yukon Water Act and Regulations. The Project also has a production license with an expiry date of December 31, 2021, and the ninety-three mining leases covering mine facilities, pits, waste dumps and adjacent drill indicated deposits have expiry dates beginning in 2016. In addition, a Socio-Economic Accord with Tr'ondek Hwech'in First Nation with respect to the Brewery Creek Project is in place.
Sampling Methodology, Quality Control and Assurance
Samples were fire assayed for gold by ALS Chemex and ACME Laboratories in Vancouver. All assays are reported as drilled intervals and are not to be interpreted as true widths. Refer to the Company’s news release dated October 27, 2011 for a complete discussion of sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Chief Operating Officer and a Qualified Person as defined by National Instrument 43-101.
About Golden Predator Corp.
Golden Predator Corp., Yukon’s Gold Company, is a well-funded exploration company mandated to become a mid-tier gold producer. Golden Predator’s road-accessible advanced properties include its flagship Brewery Creek Project at which the Company is moving aggressively to a near term production decision, as well as its Grew Creek and Clear Creek Projects.
Golden Predator has the largest controlled land position in the Yukon, with exploration holdings in excess of 1,400,000 acres (over 5,700 km2), and is committed to strong relationships with Yukon First Nations and communities. Golden Predator’s management and technical teams continue to lead aggressive exploration programs in the underexplored regions of the Yukon, and are driven to bring value to shareholders and leave a positive legacy.
For additional information: Golden Predator Corp. William M. Sheriff, Chairman & Chief Executive Officer
Golden Predator Encounters 35.1 m of 1.63 g/t Gold and 136.72 g/t Silver at Brewery Creek Project, Yukon
Vancouver, Canada— January 9th, 2012: Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce the results of nine additional diamond drill holes from the Sleeman Zone at its flagship Brewery Creek Project, where the Company continues to define a zone of continuous gold and silver mineralization now extending at least 450 m along strike. All of the holes released contained significant gold mineralization with five of the holes having from two to four distinct mineralized zones. Highlights of the current release include:
BC11-323 with 35.1 m of 1.63 g/t gold and 136.72 g/t silver including 20.70 m of 2.43 g/t gold and 226.23 g/t silver from depth of 142.84 m;
BC11-335 with 29.7 m of 1.18 g/t gold from depth of 174.3 m; and
BC11-341 with 10.7 m of 4.06 g/t gold from depth of 22.0 m.
“The continuity of the gold and silver grades, and the thickness of the Sleeman Zone continues to exceed expectations,” said Chairman William M. Sheriff. “With Sleeman remaining open in all directions, we look forward to our aggressive 2012 drill program to continue to expand this important deposit.”
A complete table of results and location map can be found on the Company’s website at: http://www.goldenpredator.com/documents/GPD-NR12-02-Brewery-Creek-Jan-9-2012-FINAL.pdf
Sleeman Zone Geology Mineralization at the Sleeman Zone is hosted in altered intrusive rocks occurring as a tabular zone dipping moderately to the south-southwest. To date, gold mineralization has been drilled to a vertical depth of approximately 200 m from surface, extends horizontally well over 400 m, and is open in both directions along strike and down dip. The geochemical signature of the gold bearing zone at Sleeman is distinctly elevated in lead, zinc and silver. A 16.5 line km IP survey was completed in late 2011. Surface geochemistry, magnetics and IP all support the existence of a potential target well in excess of 1 km in strike length. The Sleeman Zone deposit is currently open at depth as well as in both directions along strike.
Brewery Creek Project The Company completed 209 core holes for 31,210 m and 135 RC holes for 24,243 m at Brewery Creek in 2011. Drilling has been concentrated on delineating the two 2011 discoveries at the Bohemian-2 Schooner and Sleeman Zones, with significant additional drilling on the North Slope and Classic Zones. Results are still pending for 124 core and RC holes. Resource modeling in support of an updated resource estimate is well underway.
The Brewery Creek Project is a past producing heap leach gold mining operation with a total of 278,484 oz Au produced from seven near-surface oxide deposits along the property's Reserve Trend from 1996 through 2002, when the mine (operated by Viceroy Resource Corporation) shut down due to low gold prices. The 187 km2 property is located 55 km due east of Dawson City, accessible by paved and gravel roads from the junction of the North Klondike and Dempster Highways. In May 2011 the Company staked an additional 204 quartz claims east of the historic Brewery Creek property, increasing the Project to a total of 997 quartz claims.
The Project is in receipt of all necessary permits, including the Class 3 Mining Land Use permit required to conduct additional exploration. The Brewery Creek Project is authorized under a Type A Water License with an expiry date of December 31, 2021, subject to the restrictions and conditions contained in the Yukon Water Act and Regulations. The Project also has a production license with an expiry date of December 31, 2021, and the ninety-three mining leases covering mine facilities, pits, waste dumps and adjacent drill indicated deposits have expiry dates beginning in 2016. In addition, a Socio-Economic Accord with Tr'ondek Hwech'in First Nation with respect to the Brewery Creek Project is in place.
Sampling Methodology, Quality Control and Assurance
Samples were fire assayed for gold by ALS Chemex and ACME Laboratories in Vancouver. All assays are reported as drilled intervals and are not to be interpreted as true widths. Refer to the Company’s news release dated October 27, 2011 for a complete discussion of sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Chief Operating Officer and a Qualified Person as defined by National Instrument 43-101.
About Golden Predator Corp.
Golden Predator Corp., Yukon’s Gold Company, is a well-funded exploration company mandated to create a mid-tier gold producer. Golden Predator’s road-accessible advanced properties include its flagship Brewery Creek Project on which the Company is moving aggressively to a near term production decision, as well as its Grew Creek and Clear Creek Projects.
Golden Predator has the largest controlled land position in the Yukon, with exploration holdings in excess of 1,400,000 acres (over 5,700 km2), and is committed to strong relationships with Yukon First Nations and communities. Golden Predator’s management and technical teams continue to lead aggressive exploration programs in the underexplored regions of the Yukon, and are driven to bring value to shareholders and leave a positive legacy.
Golden Predator continues to expand North Slope Zone at its Brewery Creek Project, Yukon
Vancouver, Canada— January 5, 2012: Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce further results of 19 Core and RC drill holes from the North Slope Zone at its flagship Brewery Creek Project. Highlights of the current release include:
BC11-329 with 16.0 m of 3.20 g/t gold from a depth of 41.0 m; BC11-333 with 5.4 m of 3.20 g/t gold from a depth of 26.6 m, as well as 23.50 m of 2.30 g/t gold from a depth of 49.0 m; and
RC11-2391 with 22.0 m of 1.23 g/t gold from a depth of 130.0 m.
A complete table of results and location map can be found on the Company’s website at: http://ww
w.goldenpredator.com/documents/GPD-NR12-01-Brewery-Creek-NS-Jan-05-2012-FINAL.pdf
North Slope Zone Geology The North Slope area lies approximately 1 km northwest of the Reserve-trend deposits which were historically mined at Brewery Creek. It is parallel and structurally similar to those deposits but occupies a different (lower) part of the stratigraphic section. Gold mineralization at North Slope is hosted in altered quartz monzonite sills and adjacent siltstones.
2011 Year End Brewery Creek Project Update The Company completed 209 core holes for 31,210 m and 135 RC holes for 24,243 m at Brewery Creek in 2011. Drilling has been concentrated on delineating the two 2011 discoveries at the Bohemian- Schooner and Sleeman Zones, with significant additional drilling on the North Slope and Classic Zones. Results are still pending for 124 core and RC holes. Resource modeling in support of an updated resource estimate is well underway.
The Brewery Creek Project is a past producing heap leach gold mining operation with a total of 278,484 oz Au produced from seven near-surface oxide deposits along the property's Reserve Trend from 1996 through 2002, when the mine (operated by Viceroy Resource Corporation) shut down due to low gold prices. The 187 km2 property is located 55 km due east of Dawson City, accessible by paved and gravel roads from the junction of the North Klondike and Dempster Highways. In May 2011 the Company staked an additional 204 quartz claims east of the historic Brewery Creek property, increasing the Project to a total of 997 quartz claims.
The Project is in receipt of all necessary permits, including the Class 3 Mining Land Use permit required to conduct additional exploration. The Brewery Creek Project is authorized under a Type A Water License with an expiry date of December 31, 2021, subject to the restrictions and conditions contained in the Yukon Water Act and Regulations. The Project also has a production license with an expiry date of December 31, 2021, and the ninety-three mining leases covering mine facilities, pits, waste dumps and adjacent drill indicated deposits have expiry dates beginning in 2016. In addition, a Socio-Economic Accord with Tr'ondek Hwech'in First Nation with respect to the Brewery Creek Project is in place.
Sampling Methodology, Quality Control and Assurance
Samples were fire assayed for gold by ALS Chemex and ACME Laboratories in Vancouver. All assays are reported as drilled intervals and are not to be interpreted as true widths. Refer to the Company’s news release dated October 27, 2011 for a complete discussion of sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Chief Operating Officer and a Qualified Person as defined by National Instrument 43-101.
All drops in price followed golds drops
Auguries — Structural Failure
November 17, 2011
By Kevin Michael Grace
Gold was down (at press time) $41.60 (-2.4%) for the week to $1,717.60, and silver was down $2.46 (-7.2%) to $31.50. Reuters attributed the declines to “investors fearful of deepening European woes bail[ing] on commodities and technical triggers set[ting] off sell orders.”
At MarketPulseFX, Dean Popplewell argues that gold is “suffering from contagion flu. The yellow metal fell just over -1% today, diligently tracking the [Euro] lower. All of this is on fear that the EU debt crisis is spreading and dragging France into the fray, while Greece and Italy battle to save their economies from imploding. Historically, gold is favored in times of uncertainty, however, the commodity is moving in close correlation with riskier assets recently as investors liquidate some of their commodity holding to finance margin requirements in other accounts.”
Read the rest of this article: http://bit.ly/sVhE9P
I have been cautiously looking as adding, depending on overall markets.
I am slightly red so would do a tiny avg down, but if market sentiment on venture was restored, with the more recent news I would not be surprised by a fast nearly double from here prodded on by continued news flow.
jmo
Thanks. Seems like this pps isn't bad for an entry.
imo nothing company specific, in fact GPR held up better against the trend than most other Yukon exploration stage, and 1.3 was only infrequent short peakings, but it had solidified above the $1 mark well.
doing my dd on this one. Looks good. Why the fall from 1.30 down to .70 cent range ?
imo well placed
it's not just the properties, but the year-round drilling strategy
He's going to be one rich man.
If you understand and believe in the Yukon there is no better play.
Looks good, what do u think? A customer of mine has around 3.5m shares here
Golden Predator intersects 16.2 m of 4.16 g/t Gold at Bohemian-Schooner Zone, Brewery Creek Project, Yukon
Vancouver, Canada— November 15, 2011: Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce further results of 9 diamond drill holes from its ongoing infill and offset program at the Bohemian-Schooner Zone from its flagship Brewery Creek Project. Highlights of the current release include:
• BC11-294 with 11.4 m of 4.40 g/t gold from a depth of 54.1 m; and
• BC11-295 with 16.2 m of 4.16 g/t gold from a depth of 59.7 m (includes 8.3 m of 7.29 g/t gold
from a depth of 63.5 m).
A complete table of results and location map can be found on the Company’s website at:
http://www.goldenpredator.com/documents/GPD-NR11-43-BC-15NOV-final.pdf
Brewery Creek Project Update The Company completed 35 additional core holes for 5,427 m and 31 additional RC holes for 3,550 m at Brewery Creek in October. In addition, the Company has just completed an IP survey over and along the trend of the Sleeman Zone. The survey consisted of 11 lines, each 1.5 km long and spaced 200 m apart. The survey was conducted across the projected Sleeman trend for 600 m to the southeast of the known mineralization and 1,400 m to the northwest towards the Bohemia-Schooner Zone.
To date in 2011, the Company has completed more than 290 drill holes at Brewery Creek, totalling over 45,000 m. Drilling has been concentrated on delineating the two 2011 discoveries at the Bohemian-Schooner and Sleeman Zones, with significant additional drilling on the North Slope and Classic Zones, as well as the newly identified Ice Fog Zone. Results are still pending for over 100 core and RC holes. Year-round drilling continues at Brewery Creek, with 2 core rigs and one RC rig presently operating on site. Resource modeling in support of an updated resource estimate is well underway.
2
Bohemian-Schooner Zone Geology
The Bohemian-Schooner Zone is a strongly mineralized, steeply dipping structural corridor that strikes east-northeast. The corridor intersects a lower-angle tabular mineralized zone in strongly altered quartz monzonite sills. The Zone sits approximately 500 m east of the Lucky deposit, the nearest past producing area, and is over 1 km in length and is open along strike to the east and at depth.
Sampling Methodology, Quality Control and Assurance
Samples were fire assayed for gold by ALS Chemex and ACME Laboratories in Vancouver. All assays are reported as drilled intervals and are not to be interpreted as true widths. Refer to the Company’s news release dated October 27, 2011 for a complete discussion of sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Vice President, Exploration (Canada) and a Qualified Person as defined by National Instrument 43-101.
Auguries — Observe The Fundamentals
October 6, 2011
By Kevin Michael Grace
Tom Wolfe once said the press was not like vultures but more like fruit flies, descending en masse onto one thing, then departing just as quickly and for no apparent reason. Surveying the global economic situation, as this space is compelled to do, the media (as we call them now) appear more like children, endlessly drawn to the latest bright, shiny object.
It was not that long ago that the American deficit constituted a “crisis.” We hear little about that now, even though no serious action has been taken to reduce it. Instead, all our attention has been directed toward Greece, and the markets tumble up and down according to the latest rumours, even as the Greeks themselves give every indication they will reject whatever “rescue plan” the European Central Bankers cook up.
Read the rest of this article: http://bit.ly/vSA0Ef
Golden Predator reports North Slope Zone Results, Brewery Creek Project, Yukon
Vancouver, Canada — November 8th, 2011: Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce the results of 11 additional RC and diamond drill holes from the North Slope Zone of its flagship Brewery Creek Project. Further results from this Zone are pending, and drilling continues at the Bohemian-Schooner and Sleeman Zones. Highlights of the current release include:
• BCRC11-2356 with 20.0 m of 1.44 g/t gold from a depth of 152 m; and
• BCRC11-2358 with 12.0 m of 2.87 g/t gold from a depth of 138 m.
A complete table of results and location map can be found on the Company’s website at: http://goldenpredator.com/documents/GPDNR11-41-Brewery-Creek-Nov-8-FINAL.pdf
North Slope Zone Geology The North Slope area lies approximately 1 km northwest of the Reserve-trend deposits which were historically mined at Brewery Creek. It is parallel and structurally similar to those deposits but occupies a different (lower) part of the stratigraphic section. Gold mineralization at North Slope is hosted in altered quartz monzonite sills and adjacent siltstones.
Sampling Methodology, Quality Control and Assurance Samples were fire assayed for gold by ALS Chemex and ACME Laboratories in Vancouver. All assays are reported as drilled intervals and are not to be interpreted as true widths. Refer to the Company’s news release dated October 27, 2011 for a complete discussion of sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and approved by Michael Maslowski, BSc, CPG, the Company's Vice President, Exploration (Canada) and a Qualified Person as defined by National Instrument 43-101.
Golden Predator Reports Discovery of New Zone and Further Progress at Brewery Creek Project, Yukon
http://www.prnewswire.com/news-releases/golden-predator-reports-discovery-of-new-zone-and-further-progress-at-brewery-creek-project-yukon-132705643.html
There are some who are quietly reading but not talking much
douginil
news: s Second Major Discovery at
Flagship Brewery Creek
includes 191 m at 1.46 g/t AU at surface
http://www.goldenpredator.com/documents/GPDNR11-30FINALSleemanlong_001.pdf
Other than being pretty new it is hard to figure why more are not on to the Predator Group - a lot of prospective ground here and a cash-flow to help.
Today is best share bump yet - can't be long before wider notice is taken.
Cheers
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As at 28 February, 2011
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Golden Predator's corporate mandate is to be the leading gold property explorer and developer in Yukon, Canada.
The Company has an extensive Yukon property position with three advanced gold projects and a pipeline of 6 prospects as well as an extensive exploration land holding comprising approximately 1,800 km2. Winter drilling will commence during February 2011 on Grew Creek and Brewery Creek.
In 2011, the Company will continue aggressive drill programs and work towards completing initial 43-101 resources for Grew Creek and Clear Creek, and updating the existing 43-101 resource for Brewery Creek.
Share Structure As at 7 February, 2011
Issued and Outstanding, GPD(1)
109.7 MM
Warrants (GPD.WT) (2)
4.0 MM
Warrants (Private) (3)
1.5 MM
Warrants (Private) (4)
13.4 MM
Warrants (Private ) (5)
0.7 MM
Warrants (Private) (6)
3.1 MM
Warrants (Private) (7)
6.2 MM
Warrants (Private) (8)
5.8 MM
GPD Options
7.4 MM
Fully Diluted Shares O/S
151.8 MM
(1)
Pro-forma share structure assuming full exercise of the over-allotment and completion of the financing announced 7 February 2011
(2)
Exercisable at $1.34 until August 15, 2011
(3)
Exercisable at prices of $0.75 - $0.90 until various dates between August 2011 and November 2012
(4)
Exercisable at $0.84 until September 9, 2011
(5)
Exercisable at $0.60 until April 22, 2012
(6)
Exercisable at $0.80 until August 16, 2011
(7)
Exercisable at $0.80 until November 4, 2012
(8)Exerciseable at $1.10 until 18 months from completion of financing announced 7 February 2011
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