Golden Predator Commences Geotechnical and Metallurgical Drill Program at the Brewery Creek Project
Vancouver, British columbia (FSCwire) - Golden Predator Mining Corp. (TSX.V: GPY) (the “Company”) is pleased to announce it has commenced a 1,600 meter engineering and metallurgical drill program at its Brewery Creek Property. The drilling is focused at the Golden, Lucky and Kokanee pits which were previously mined in the 1990’s and historic data indicates significant oxide gold mineralization remains unmined. The drill program is scheduled to drill 18 PQ sized core holes to acquire material for metallurgical testing. The testing will include column leach tests and is designed to confirm the in-situ gold grades and expected recoveries for the designed heap leach process in the existing Preliminary Economic Assessment (PEA).
An additional 11 holes will be drilled around these former pits to re-establish ground water monitor wells and to obtain additional geotechnical information to acquire the final parameters for the new pit designs and permit requirements. Once the drilling is complete and all test results have been received Golden Predator will be able to update and complete the mine design for permit submission to YESAB.
The technical content of this news release has been reviewed and approved by Mike Burke, P. Geo, Chief Geologist and a Qualified Person as defined by National Instrument 43-101.
Golden Predator Mining Corp.
Golden Predator Mining Corp., a Canadian gold mineral exploration company, is focused on advancing its high grade 3 Aces Project and the Brewery Creek project, a past producing heap leach gold operation in Canada’s Yukon.
For additional information:
Janet Lee-Sheriff
Chief Executive Officer
(214) 304-9552
info@goldenpredator.com
www.goldenpredator.com
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.
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the words “will” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This news release contains forward-looking statements and assumptions pertaining to the offering and the use of proceeds. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct.
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public://news_release_pdf/goldenpred07132016.pdf
Source: Golden Predator Mining Corp. (TSX Venture:GPY) http://www.goldenpredator.com
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