Golden Predator Pours Gold Bar; Intersects 19.3m of 16.15 g/t Gold at 3 Aces Project
September 12, 2017
Vancouver, BC, September 12th, 2017: Golden Predator Mining Corp. (TSX.V: GPY; OTCQX: NTGSF) (the “Company” or “Golden Predator”) is pleased to announce that it has poured a 744 troy ounce gold doré bar from the #1 table concentrate of its initial 776 metric tonne bulk sample. The Company also announces results of the remaining 10 holes at the Ace of Spades. Subsequent drilling began on the northerly extension of the Hearts zone in August and on the newly discovered gold in quartz veins at the Diamonds zone in September.
Significant results include:
Hole 3A17-143: 19.3 m of 16.15* g/t gold, including 4.30 m of 42.37* g/t gold; Hole 3A17-149: 1.50 m of 24.67 g/t gold; Hole 3A17-157: 4.2 m of 20.04 g/t gold; Hole 3A17-147: 2.5 m of 15.51* g/t gold, and 3.5 m of 21.44* g/t gold (Grade Verification) Intervals reported with an asterisk (*) include results from 50g Fire Assay. These intervals have been submitted for Metallic Screen Analysis, which are pending.
Final processing of the initial 776 metric tonne bulk sample was completed earlier this year. In addition to the 744 troy ounce bar just poured, the Company has arranged shipment of 86.4 kg of the #2 concentrate and over 1 metric tonne of the #3 concentrate to Sipi Metals in Chicago, Illinois, USA. Settlement is due within 60 days at which time a full reconciliation of the metal content of the bulk sample will be released including the original 96.72 troy ounce doré bar poured and sold in 2016. The original doré bar contained 85% fine gold and 8% fine silver.
Ace of Spades and Jack of Spades Drilling
Results of the remaining 10 holes reported from the recently completed diamond drilling at the Ace and Jack of Spades Zones have continued to confirm structural continuity throughout the zone. Importantly, hole 3A17-160 which intercepted 35.0 g/t gold from 168.0 to 169.0m, was drilled to offset a previously reported intercept of 22.20 g/t gold across 0.7m in hole 3A17-110 which was 150 m from the main mineralization at the Ace of Spades2. These two intercepts occur along a newly recognized vein projecting towards the Seven of Spades. Holes 3A17-143, 3A17-149, 3A17-151, 3A17-153, and 3A17-157 to 3A17-160 complete the in-fill drill program across the Ace/Jack Spades zone. Hole 3A17-147 was drilled to verify previous Ace Spades RC drill results and to acquire representative core through the mineralized vein. All ten holes encountered significant mineralization.
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