TSX: GPD
www.goldenpredator.com
VANCOUVER, Sept. 10/PRNewswire-FirstCall/ - Golden Predator Corp. (TSX: GPD) (the"Company") is pleased to announce additional results from its ongoingdiamond and reverse circulation drilling programs on its Brewery CreekProject. The Brewery Creek Project is one of the seven separate goldprojects Golden Predator is drilling in Yukonin 2010 and is located 59 km east-southeast of the Company's ClearCreek Project for which initial drill results were reported earlier thisweek.
Brewery Creek
To date the Company has drilled 6 diamond drill holes totalling1,430 m and 17 RC drill holes totalling 2,350 m on its Brewery CreekProperty, located 55 km due east of Dawson City, Yukon.Results for an additional 7 of the RC drill holes have now beenreceived and analyzed. The Company's Yukon Project map showing itsproperty holdings, as well as a detailed Brewery Creek plan map anddrillhole-results table, is available for viewing on the Company'swebsite https://www.goldenpredator.com/i/pdf/2010-09-10_NR.pdf
Highlights of the drill results are set forth in the table below.Of particular significance are the results from hole BCRC10-2322 whichintercepted 1.48 g/t Au over 38.10 m starting at 32.0 m depth including2.28 g/t Au over 19.81 m starting at 42.67 m depth. Also noteworthy areRC holes BCRC10-2319 and BCRC10-2321 which intercepted 3.97 g/t Au over9.14 m starting at 53.34 m depth and 4.13 g/t Au over 4.57 m starting at60.96 m depth, respectively.
The ongoing exploration program at Brewery Creek has been designedto explore the potential for higher-grade feeders lying beneath thehistoric resource, and to increase the existing resources through nearsurface drilling. Initial results indicate the presence of goldmineralization down-dip of the known resource near structuralintersections and laterally along strike. Drillholes BCRC10-2318 and2323 tested downdip of known high-grade zones in the Lucky pit that werenot mined; holes BCRC10-2319, 2321, and 2322 offset previously drilledhigh-grade intercepts in the unmined Bohemian resource area.
-------------------------------------------------------------------------Additional 2010 Drill Hole Highlights from the Brewery Creek Project, YTSelect Significant Intercepts(1),(2)-------------------------------------------------------------------------Drill Hole From To Interval Au(m) (m) (m) g/t-------------------------------------------------------------------------BCRC10-2318 73.15 83.82 10.67 1.23-------------------------------------------------------------------------including 80.77 82.3 1.53 5.19-------------------------------------------------------------------------BCRC10-2319 53.34 62.48 9.14 3.97-------------------------------------------------------------------------BCRC10-2321 60.96 67.06 6.1 4.13-------------------------------------------------------------------------BCRC10-2322 32 70.1 38.1 1.48-------------------------------------------------------------------------including 42.67 62.48 19.81 2.28-------------------------------------------------------------------------and 57.91 62.48 4.57 3.90-------------------------------------------------------------------------BCRC10-2323 21.34 45.72 24.38 0.9-------------------------------------------------------------------------including 39.62 45.72 6.1 1.83-------------------------------------------------------------------------and 39.62 42.67 3.05 3.20-------------------------------------------------------------------------(1) Results where g/t x m is less than 2.5 are not reported in thistable, unless the individual grade was greater than or equal to1 g/t gold over a minimum of 1.0 metres. Other intervals requiregreater than or equal to 0.7 g/t Au to be included.(2) Conversions: grams per tonne (g/t) to troy ounces per short ton:g/t divided by 34.2857 or multiply by 0.0292; meters to feet:1m equals 3.28084 feet.
Brewery Creek was the site of a heap-leach gold mine whichoperated from 1996-2002 and produced 279,541 ounces of gold. Currentresources remaining on the Property include an Indicated Resource of3.98 MM tonnes grading 1.135 gpt Au and an Inferred Resource of 2.2 MMtonnes averaging 2.01 gpt Au (Diment and Simpson, 2009).
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 WaterAct and Regulations. The Project also has a production license with anexpiry date of December 31, 2021.
Sampling Methodology, Quality Control and Assurance
The RC drill holes were drilled by track mounted drills thatproduce a 5" (12.7 cm) diameter drill hole. Samples were collected from1/8th of the material from a 5 ft (1.5 m) interval utilizing a splitterincorporated on the cyclone.
The RC samples were sent to ALS Chemex's prep lab in Whitehorse and then forwarded to their ISO 9001 certified preparation facility in Terrace, B.C. The pulps were analyzed at ALS's ISO 9001 certified laboratory in Vancouver. Approximately 5% of the pulps are sent for secondary check assays at Stewart Groups Eco Tech laboratory in Kamloops, B.C.Blanks, commercial standards and duplicate samples were included ineach batch. To determine Au levels at the ppb level detection limit5-10,000 ppb (5-1000 ppb at Stewart Group)) 30 g samples are fireassayed then digested in aqua regia solution and analyzed by atomicabsorption. At Eco Tech, values over 1,000 ppb are re-assayed by fireassay and then digested with aqua regia and then re-analyzed by anatomic absorption instrument (detection limit 0.03 g/t). At ALS Chemex,values over 10 g/t gold are re-assayed by fire assay followed by agravimetric finish (50 ppb lower detection limit).
Other elements are analyzed by a 35 elements package (ME-ICP41)whereby the sample is dissolved in a aqua regia acid solution and thenanalyzed by ICP. Additional check-analyses are carried out by the labwhich did not receive the original sample.
Drilling Sampling Protocol/Chain of Custody/Data Verification
Golden Predator employs high standards of protocol with respect tothe handling and chain of custody of its samples. All sampling isconducted under the supervision of the Company's project geologist andthe chain of custody from the drill to the sample preparation andlogging facility is continually monitored by the project geologist.Samples are shipped to the lab by qualified couriers or Companypersonnel under locked bags with independent identification locknumbers. Data verification of the analytical results includes astatistical analysis of the duplicates, standards and blanks that mustpass certain set parameters for acceptance to insure accurate andverifiable results. All assays are reported as drilled intervals and arenot to be interpreted as true widths.
The technical content of this news release has been reviewed andapproved by Corwin (Cor) Coe, A.Sc.T., B.Sc., P.Geo., the Company'sVice-President, Exploration (Canada) and a Qualified Person as defined by National Instrument 43-101.
About Golden Predator Corp.
Golden Predator Corp.'s corporate mandate is to be the leading gold property explorer and developer in Yukon, Canada. The Company has an extensive Yukonproperty position with an industry leading seven advanced explorationgold projects comprising approximately 1,400 km2. Drill programs havebeen initiated on all seven advanced projects and continue at Clear Creek, Gold Dome, Brewery Creek, Cynthia, and Grew Creek. Additional results from these programs are pending.
No stock exchange, securities commission or other regulatoryauthority has approved or disapproved the information contained herein.This press release contains projections and forward-looking informationthat involve various risks and uncertainties regarding future events.Such forward-looking information can include without limitationstatements based on current expectations involving a number of risks anduncertainties and are not guarantees of future performance. There arenumerous risks and uncertainties that could cause actual results andGolden Predator's plans and objectives to differ materially from thoseexpressed in the forward-looking information. Actual results and futureevents could differ materially from those anticipated in suchinformation. These and all subsequent written and oral forward-lookinginformation are based on estimates and opinions of management on thedates they are made and are expressly qualified in their entirety bythis notice. Except as required by law, Golden Predator assumes noobligation to update forward-looking information should circumstances ormanagement's estimates or opinions change.
SOURCE Golden Predator Corp.