Golden Predator Files Preliminary Economic Assessment Results for the Brewery Creek Project, Yukon
Hayden, Idaho (FSCwire) - Golden Predator Mining Corp. (TSX.V: GPY) (the “Company” or “Golden Predator”) today announced the completion and filing of the Preliminary Economic Assessment National Instrument 43-101 Independent Technical Report for the Company’s Brewery Creek Project, Yukon , Canada.
The independent Technical Report was prepared by Tetra Tech EBA, SGS-E&S Engineering Solutions Inc., Resource Modeling Inc. and Gustavson and Associates following the guidelines of the Canadian Securities Administration National Instrument 43-101 and Form 43-101F.
The report is titled “Preliminary Economic Assessment for the Brewery Creek Property Yukon Territory, Canada”. The report is filed on SEDAR and can be viewed on the SEDAR website at www.sedar.com and at Golden Predator’s website www.goldenpredator.com.
The information in this release related to the independent Technical Report has been approved by James Barr, P. Geo., of Tetra Tech EBA Inc., Mark Horan, P. Eng., of Tetra Tech EBA Inc., Marvin Silva, Ph.D., P. Eng., of Tetra Tech EBA Inc., Joseph Keane, P. E., of SGS-E&S Engineering Solutions Inc., Mike Lechner, P. Geo., of Resource Modeling Inc., Donald E. Hulse, P.E., of Gustavson and Associates and Claiborne Newton, III, Ph.D., SME(RM), of Gustavson and Associates who are independent Qualified Persons as defined under National Instrument 43-101.
Golden Predator Mining Corp.
Golden Predator’s corporate mandate is to advance the Brewery Creek project towards production through a joint venture arrangement. The Brewery Creek mine operated from 1996 to 2002, before closing due to low gold prices. Mining licenses and permits are in place for continued exploration along with a Socio Economic Accord with the Tr'ondek Hwech'in. The Company holds additional projects with current resources and/or new discovery potential, including the high-grade 3 Aces and Grew Creek gold projects and the Marg and Clear Lake polymetallic massive sulfide deposits.
For additional information:
Janet Lee-Sheriff, Chief Executive Officer
(208) 635 5415
info@goldenpredator.com
www.goldenpredator.com
Cautionary Note Regarding the PEA: The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Furthermore, there is certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves have not demonstrated economic viability. Readers are encouraged to download and read the technical report for full details.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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 the Company’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, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/GoldenPredatorNov202014.pdf
Source: Golden Predator Mining Corp. (TSX Venture:GPY) http://www.goldenpredator.com
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