ArticleI guess this has been posted before, but anyway..
https://www.petroleumnews.com/pntruncate/120085119.shtml
Golden Predator digs in
“We think the Yukon is the place to be and three years in, we’ve got a lot of years ahead of us,” said William M. Sheriff, chairman and CEO of Golden Predator Corp.
Sheriff said he believes Yukon Territory is in the infancy of a major gold mining boom.
“This is the next Nevada, and it’s the last frontier for gold exploration in a First World country. Placer miners are still getting easy gold. That’s not true for the rest of the world,” he said. “I think over the next 30 years, there will be 100 gold discoveries here. That’s not just conjecture, it’s reality.”
Golden Predator has attracted considerable attention in recent months with the aggressive acquisition of a dozen or so mining projects and additional acreage across Yukon and northern British Columbia, including 750,000 kilometers of claims near the eastern border of Yukon.
Sheriff said the company aims to make its mark as a gold producer focused on the Yukon. Referring to Kinross Gold Corp.’s recent acquisition of the 1-million-ounce-plus White Gold deposit in west-central Yukon, which was discovered by Underworld Resources Inc. in 2008, he said: “Our objective is not to sell to Kinross. Our objective is to be Kinross.”
Golden Predator pulled out the stops this year, spending $7 million to mount exploration programs at six different projects in Yukon. Drill rigs are busy at the Eureka, Clear Creek, Antimony, Brewery Creek and Gold (Scheelite) Dome projects. Drilling also is scheduled at the Cynthia project, acquired in July from longtime prospector Ron Berdahl.
To stretch the budget as far as it can go, Sheriff has embraced the use of reverse circulation drilling in a big way, reasoning that he can get more holes drilled faster with an RC rig during the short, sub-arctic summer that he could use core rigs for every penetration.
“We average one hole a day with the RC rigs, and if we can stay a month, we could make 50 holes,” he said.
Golden Predator also purchased a four-plex in the community of Faro for the bargain basement price of C$69,000 for permanent housing of workers, rather than spend money on temporary camp housing at project sites.
Mike Burke, head of Mineral Services for the Yukon Geological Survey, said the junior’s enthusiasm stems in part from the Yukon being relatively unexplored. At Clear Creek, he said Sheriff got excited when he learned that only 65 holes had been drilled on the property.
“Sixty-five holes don’t mean anything, especially when one-third of them bottoms in 1 gram-per-metric-ton gold,” Sheriff told Mining News. “A similar deposit in Nevada would have thousands of holes.”