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Golden Predator Mining Corp. NTGSF

Golden Predator Mining Corp. is a well-financed gold exploration company focused on its high-grade orogenic gold-in-quartz 3 Aces Project in Canada’s Yukon. With proven management and an experienced technical team, the Company is well positioned for growth.


OTCQX:NTGSF - Post by User

Post by martin020on May 30, 2017 8:11am
145 Views
Post# 26299132

Hole 3A17-098 intersected 39.63 m of 13.26 g/t gold

Hole 3A17-098 intersected 39.63 m of 13.26 g/t gold< vancouver,="" bc--(marketwired="" -="" may="" 30,="" 2017)="" -="" golden="" predator="" mining="" corp.="" (tsx="" venture:="" gpy)="" (ntgsf)="" (the="" "company"="" or="" "golden="" predator")="" is="" pleased="" to="" report="" assay="" results="" for="" 16="" of="" 43="" drill="" holes="" completed="" as="" of="" may="" 15,="" 2017="" at="" the="" 3="" aces="" project="" in="" southeastern="" yukon,="" canada.="" these="" drill="" holes="" are="" concentrated="" at="" the="" spades="" zone,="" and="" are="" designed="" to="" better="" define="" the="" structural="" controls="" of="" the="" gold="" mineralization="" and="" to="" expand="" the="" zones="" by="" stepping="" out="" laterally="" along="" strike.="" results="" include="" the="" highest-grade="" drill="" intercept="" received="" to-date="" on="" the="" ace="" of="" spades="" vein,="" as="" well="" as="" high-grade="" intercepts="" from="" the="" seven="" and="" three="" of="" spades="" veins.="" step-out="" drilling="" has="" successfully="" encountered="" mineralization="" 150="" m="" from="" previous="" ace="" of="" spades="" drill="" intercepts.="" these="" drill="" results="" are="" part="" of="" a="" fully="" funded="" 40,000="" m="" drill="" program[1],="" which="" will="" continue="" throughout="" 2017.="" significant="" results="" include:="" hole="" 3a17-098="" intersected="" 39.63="" m="" of="" 13.26="" g/t="" gold="" from="" a="" depth="" of="" 9.14="" m,="" including="" 13.71="" m="" of="" 35.78="" g/t="" gold;="" hole="" 3a17-099="" intersected="" 14.48="" m="" of="" 15.32="" g/t="" gold="" from="" a="" depth="" of="" 8.38="" m,="" including="" 4.57="" m="" of="" 46.76="" g/t="" gold;="" hole="" 3a17-111="" intersected="" 3.05="" m="" of="" 8.12="" g/t="" gold="" from="" a="" depth="" 16.76="" m,="" including="" 1.52="" m="" of="" 14.0="" g/t="" gold;="" hole="" 3a17-110="" intersected="" 5.33="" m="" of="" 4.0="" g/t="" gold="" from="" a="" depth="" of="" 159.26="" m,="" including="" 0.76="" m="" of="" 22.20="" g/t="" gold;="" hole="" 3a17-090="" intersected="" 1.52="" m="" of="" 12.66="" g/t="" gold="" from="" a="" depth="" of="" 38.10="" m.="" to="" view="" maps="" of="" the="" 3="" aces="" project="" outlining="" the="" results="" expressed="" in="" this="" release="" please="" visit:="" https://www.goldenpredator.com/_resources/maps/3aces_20170526_newsreleasemaps.pdf="" 2017="" drill="" program="" the="" 2017="" drill="" program="" started="" in="" february="" and="" is="" initially="" focusing="" on="" the="" spades="" zone="" before="" expanding="" to="" other="" areas="" of="" the="" property.="" drilling="" in="" the="" spades="" zone="" is="" intended="" to="" test="" targets="" including="" the="" depth="" and="" strike="" extensions="" of="" the="" ace="" of="" spades="" vein,="" stockwork="" mineralization="" encountered="" below="" the="" ace="" of="" spades="" vein,="" and="" initial="" drilling="" at="" the="" jack,="" queen,="" seven="" and="" three="" of="" spades.="" the="" 2017="" drill="" program[2]="" will="" focus="" on="" identifying="" and="" testing="" new="" mineralized="" vein="" targets="" combined="" with="" expanding="" the="" current="" gold="" targets="" in="" the="" clubs,="" hearts="" and="" spades="" zones.="" forty-three="" reverse="" circulation="" holes="" are="" completed="" as="" of="" may="" 15,="" 2017="" from="" an="" area="" measuring="" over="" 450="" x="" 700="" m="" within="" the="" spades="" zone.="" the="" 27="" remaining="" holes,="" for="" which="" assay="" results="" are="" pending,="" are="" designed="" to="" test="" the="" ace="" of="" spades="" vein="" down="" dip="" to="" the="" southeast="" and="" up="" dip="" to="" the="" northeast="" as="" well="" conduct="" initial="" drilling="" on="" the="" previously="" untested="" jack="" of="" spades="" zone.="" both="" the="" ace="" of="" spades="" and="" jack="" of="" spades="" are="" gold-bearing="" veins="" exposed="" at="" the="" surface.="" the="" company's="" interpretation="" of="" the="" structure="" responsible="" for="" quartz="" vein="" development="" at="" 3="" aces,="" and="" associated="" high-grade="" gold="" shoots="" within="" the="" veins,="" has="" advanced="" significantly="" from="" the="" commencement="" of="" the="" 2016="" winter="" drill="" program.="" ace="" of="" spades="" gold="" mineralization="" in="" the="" spades="" zone="" is="" hosted="" in="" quartz="" veining="" developed="" along="" an="" intensely="" sheared="" phyllite-sandstone="" contact.="" gold-bearing="" quartz="" veins="" associated="" with="" arsenopyrite="" are="" present="" in="" the="" sheared="" phyllite="" hanging="" wall,="" at="" the="" contact="" and="" extend="" into="" the="" sandstone="" as="" well-developed="" quartz-arsenopyrite="" stockwork="" veining.="" visible="" gold="" occurrences="" are="" well="" documented="" at="" surface="" within="" spades,="" and="" are="" present="" in="" the="" cuttings="" of="" 4="" of="" the="" 43="" drill="" holes="" completed="" in="" 2017="" including="" hole="" 3a17-098="" reported="" herein.="" lower-grade="" stockwork="" veining="" extends="" into="" the="" footwall="" sandstone="" unit="" from="" near="" surface.="" close="" spaced="" and="" step-out="" drilling="" was="" employed="" to="" define="" the="" structural="" pattern="" and="" grade="" distribution.="" step-out="" drilling="" targets,="" located="" southeast="" of="" the="" ace="" of="" spades="" vein="" zone,="" intersected="" significant="" gold="" mineralization="" in="" drill="" holes="" 3a17-110="" and="" 3a17-111.="" drill="" hole="" 3a17-098="" targeted="" the="" ace="" of="" spades="" vein="" along="" strike="" 10="" m="" northeast="" of="" drill="" hole="" 3a16-032.="" this="" vertical="" drill="" hole="" intersected="" 13.26="" g/t="" gold="" over="" 39.63="" m="" at="" a="" depth="" of="" 9.14="" m,="" including="" 35.78="" g/t="" gold="" over="" 13.71="" m="" from="" a="" depth="" of="" 14.48="" m.="" stockwork="" mineralization="" averaging="" 0.4="" g/t="" gold="" extends="" below="" this="" intercept="" to="" 165="" m="" depth;="" when="" including="" the="" lower="" grade="" stockwork="" mineralization="" beneath="" the="" ace="" of="" spades="" vein,="" the="" upper="" 165="" m="" of="" the="" hole="" averaged="" 3.27="" g/t="" gold="" from="" surface.="" drill="" hole="" 3a17-099="" tested="" the="" ace="" of="" spades="" vein="" 14="" m="" northeast="" along="" strike="" from="" the="" 3a17-098="" intercept="" and="" intersected="" 15.32="" g/t="" gold="" over="" 14.48="" m="" at="" a="" depth="" of="" 8.38="" m,="" including="" 46.76="" g/t="" gold="" over="" 4.57="" m="" at="" a="" depth="" of="" 10.67="" m.="" drill="" hole="" 3a17-111="" was="" collared="" 45="" m="" southwest="" of="" 3a16-043="" (7.62="" m="" drilled="" width="" of="" 14.73="" g/t="" gold="" including="" 3.05="" m="" drilled="" width="" of="" 26.67="" g/t="" gold[3])="" across="" the="" projected="" strike="" of="" a="" 310="" degrees="" trending="" shear="" zone.="" the="" drill="" hole="" intersected="" 8.12="" g/t="" gold="" over="" 3.05="" m="" at="" 16.76="" m="" including="" 14.0="" g/t="" gold="" over="" 1.52="" m="" at="" 17.53="" m="" depth.="" drill="" hole="" 3a17-110="" was="" collared="" from="" the="" same="" drill="" pad="" and="" targeted="" the="" main="" ace="" of="" spades="" vein="" approximately="" 130="" m="" lower="" in="" elevation="" along="" a="" postulated="" offset="" to="" the="" northwest.="" this="" drill="" hole="" intersected="" 22.20="" g/t="" gold="" over="" 0.76="" m="" at="" a="" downhole="" depth="" of="" 160.78="" m="" in="" quartz="" veining="" developed="" along="" a="" phyllite/sandstone="" footwall="" contact.="" although="" in-fill="" drilling="" will="" be="" required,="" one="" interpretation="" of="" the="" high-grade="" gold="" intercept="" in="" 3a17-110="" suggests="" that="" it="" is="" the="" offset="" continuation="" of="" the="" ace="" of="" spades="" vein="" whose="" nearest="" drilled="" intercept="" is="" 150="" m="" away="" to="" the="" northeast.="" seven="" of="" spades="" drill="" holes="" 3a17-086="" through="" 3a17-091="" are="" the="" first="" holes="" drilled="" in="" the="" seven="" of="" spades="" zone="" and="" targeted="" surface="" gold="" mineralization="" associated="" with="" quartz="" veining="" along="" the="" n60e="" and="" n20w="" structural="" corridors.="" both="" holes="" targeted="" high-angle="" and="" low-angle="" vein="" targets.="" drill="" hole="" 3a17-090="" intercepted="" 12.66="" g/t="" gold="" over="" 1.52="" m="" at="" a="" depth="" of="" 38.10="" m="" adjacent="" to="" a="" high-angle,="" n60e="" trending="" shear="" zone="" containing="" arsenopyrite-bearing="" quartz="" veining="" along="" a="" phyllite-sandstone="" contact.="" drill="" hole="" 3a17-089="" intercepted="" the="" same="" zone,="" 26="" m="" up="" dip,="" which="" assayed="" 2.71="" g/t="" gold="" over="" 3.05="" m="" at="" a="" depth="" of="" 27.43="" m.="" drill="" hole="" 3a17-088="" targeted="" the="" zone="" 60="" m="" down="" dip="" of="" the="" 3a17-090="" intercept;="" the="" vein="" was="" off-set="" by="" an="" inferred="" low-angle="" fault.="" additional="" drilling="" is="" planned="" in="" the="" seven="" of="" spades="" zone="" as="" the="" quartz-arsenopyrite="" gold="" intercepts="" remain="" open="" along="" strike="" in="" both="" directions.="" three="" of="" spades="" drill="" holes="" 3a17-092="" through="" 3a17-097="" are="" the="" first="" drill="" holes="" in="" the="" three="" of="" spades="" zone="" and="" targeted="" surface="" gold="" mineralization="" along="" a="" n60e="" trending="" high-angle="" shear="" zone="" hosting="" quartz-arsenopyrite="" veinlets.="" gold="" mineralization="" was="" intercepted="" in="" five="" of="" six="" holes,="" over="" a="" 150="" m="" strike="" length,="" including="" 10.39="" g/t="" gold="" over="" 1.53="" m="" at="" 131.06="" m="" in="" drill="" hole="" 3a17-092="" and="" 5.72="" g/t="" gold="" over="" 0.77="" m="" at="" a="" depth="" of="" 20.57="" m="" in="" drill="" hole="" 3a17-096.="" additional="" drilling="" is="" scheduled="" in="" june="" to="" offset="" these="" gold="" intercepts="" as="" the="" geometry="" of="" the="" structures="" is="" becoming="" better="" understood.="" significant="" results="" drill="" table="" ="" ace="" of="" spades,="" seven="" of="" spades,="" three="" of="" spades="" hole="" id1="" sample="" type2="" from="" (m)="" to="" (m)="" drilled="" width="" (m)3="" au="" g/t4="" seven="" of="" spades="" zone="" 3a17-089="" rc="" 27.43="" 30.48="" 3.05="" 2.71="" 3a17-090="" rc="" 37.34="" 40.39="" 3.05="" 6.62="" including="" rc="" 38.10="" 39.62="" 1.52="" 12.66="" and="" rc="" 48.77="" 50.29="" 1.52="" 4.65="" three="" of="" spades="" zone="" 3a17-092="" rc="" 28.19="" 28.96="" 0.77="" 3.42="" and="" rc="" 42.67="" 43.43="" 0.76="" 3.01="" and="" rc="" 131.06="" 134.87="" 3.81="" 4.70="" including="" rc="" 131.06="" 132.59="" 1.53="" 10.39="" 3a17-096="" rc="" 16.00="" 17.53="" 1.53="" 1.50="" and="" rc="" 20.57="" 21.34="" 0.77="" 5.72="" 3a17-097="" rc="" 17.53="" 19.05="" 1.52="" 4.47="" ace="" of="" spades="" vein="" 3a17-098="" rc="" 9.14="" 48.77="" 39.63="" 13.26="" including="" rc="" 14.48="" 28.19="" 13.71="" 35.78="" including="" rc="" 16.00="" 19.05="" 3.05="" 124.64="" and="" rc="" 105.16="" 105.92="" 0.76="" 4.85="" and="" rc="" 138.68="" 139.45="" 0.77="" 3.33="" and="" rc="" 195.83="" 196.60="" 0.77="" 3.27="" 3a17-099="" rc="" 8.38="" 22.86="" 14.48="" 15.32="" including="" rc="" 10.67="" 15.24="" 4.57="" 46.76="" including="" rc="" 21.34="" 22.10="" 0.76="" 7.15="" and="" rc="" 26.67="" 27.65="" 0.98="" 12.50="" 3a17-110="" rc="" 159.26="" 164.59="" 5.33="" 4.00="" including="" rc="" 160.78="" 161.54="" 0.76="" 22.20="" 3a17-111="" rc="" 16.76="" 19.81="" 3.05="" 8.12*="" including="" rc="" 17.53="" 19.05="" 1.52="" 14.00*="" 1="" only="" spades="" area="" holes="" with="" a="" drilled="" interval="" assaying="" 3.0="" g/t="" gold="" are="" reported="" in="" table;="" -="" holes="" 3a17-088="" reported="" a="" single="" 2.0="" g/t="" interval="" within="" an="" interval="" of="" 9m="" of="" 0.5="" g/t="" from="" 1m="" depth="" -="" holes="" 3a17-091,="" 3a17-094="" and="" 3a17-095="" reported="" multiple="" intervals="" greater="" than="" 1.0="" g/t="" but="" less="" than="" 3.0="" g/t="" -="" holes="" 3a17-086,="" 3a17-087,="" and="" 3a17-093="" returned="" no="" significant="" results="" 2sample="" type="" 'rc'="" is="" whole="" 5.5"="" (139.7mm)="" reverse="" circulation="" cuttings="" 3all="" intervals="" are="" reported="" as="" drilled="" thicknesses;="" true="" thicknesses="" are="" estimated="" to="" be="" 30-100%="" of="" drilled="" thicknesses="" 4reported="" au="" assay="" grade="" sourced="" from="" als="" using="" au-scr24b="" method="" (*="" indicates="" finalized="" au-aa26="" results)="" 3="" aces="" project,="" yukon="" the="" 3="" aces="" project="" includes="" the="" 3="" aces,="" reef,="" and="" hy="" jay="" properties="" consisting="" of="" 1,734="" claims="" covering="" 357="" km="" (35,700="" hectares)="" in="" southeast="" yukon.="" the="" project="" is="" located="" along="" the="" all-season="" cantung="" mine="" road="" which="" accesses="" the="" cantung="" mine,="" 40="" km="" to="" the="" north.="" the="" 3="" aces="" project,="" which="" includes="" the="" two="" highest="" grade="" surface="" discoveries="" to="" date="" in="" the="" yukon,="" has="" 30="" mineralized="" veins="" that="" have="" been="" discovered="" through="" sampling,="" trenching,="" roadwork="" and="" drilling="" over="" 762="" m="" (2,500="" feet)="" of="" elevation="" within="" the="" central="" core="" area.="" surface="" outcrops="" of="" gold="" bearing="" quartz="" veins="" were="" discovered="" on="" the="" property,="" then="" advanced="" with="" extensive="" soil="" sampling="" and="" helicopter="" supported="" core="" drilling,="" which="" outlined="" significant="" gold="" anomalies="" over="" a="" central="" core="" area="" of="" 10.5="" km2.="" previous="" exploration="" work="" by="" golden="" predator="" in="" 2015="" and="" 2016,="" which="" includes="" metallurgical="" studies,="" rotary="" air="" blast="" (rab)="" drilling,="" rc="" drilling,="" diamond="" drilling="" and="" bulk="" sampling,="" focused="" on="" establishing="" reproducible="" gold="" grades="" and="" continuity="" of="" the="" ace="" of="" spades="" vein="" where="" previous="" diamond="" drilling="" had="" returned="" inconsistent="" grades.="" the="" work="" in="" 2015="" and="" 2016="" confirmed="" the="" high="" gold="" grades="" of="" the="" vein="" by="" better="" targeting="" and="" utilization="" of="" a="" sampling="" and="" assaying="" protocol="" derived="" from="" metallurgical="" studies.="" the="" 3="" aces="" property="" is="" in="" the="" traditional="" territory="" of="" the="" kaska="" nation.="" in="" january="" 2013,="" golden="" predator="" signed="" an="" exploration="" agreement="" with="" the="" kaska="" nation,="" as="" represented="" by="" the="" ross="" river="" dena="" council="" and="" the="" liard="" first="" nation,="" with="" respect="" to="" activities="" within="" their="" traditional="" territories.="" the="" 3="" aces="" project="" operates="" under="" a="" class="" 4="" mining="" land="" use="" permit.="" sampling="" methodology,="" quality="" control="" and="" assurance="" because="" of="" the="" high-grade="" gold="" encountered="" at="" 3="" aces="" to="" date,="" the="" company="" has="" taken="" steps="" to="" ensure="" that="" its="" sampling="" and="" assaying="" procedures="" can="" be="" depended="" upon.="" the="" company="" has="" utilized="" larger="" diameter="" drilling="" to="" provide="" sample="" material="" for="" comparative/effectiveness="" analysis="" of="" past="" drilling="" programs,="" including="" sampling="" protocols,="" assay="" methods="" and="" qa/qc="" procedures,="" and="" to="" more="" confidently="" estimate="" grades="" of="" high-grade="" veins="" containing="" coarse="" gold.="" and,="" the="" company="" has="" initiated="" an="" internal="" sample="" quality="" assessment="" study="" to="" evaluate="" the="" performance="" of="" drill="" program="" sampling="" and="" assaying="" protocols,="" including="" qa/qc="" performance.="" sample="" datasets="" being="" evaluated="" include="" finalized="" assay="" results="" from="" completed="" drill="" programs="" and="" qa/qc="" materials="" comprised="" of="" field="" and="" lab-split="" duplicate="" datasets="" as="" well="" as="" certified="" standard="" reference="" materials.="" all="" analyses="" for="" the="" drill="" samples="" from="" the="" program="" were="" performed="" by="" als="" with="" sample="" preparation="" in="" whitehorse,="" yt,="" terrace,="" b.c.="" or="" north="" vancouver,="" b.c.="" and="" assaying="" in="" north="" vancouver,="" b.c.="" drill="" samples="" were="" analyzed="" using="" a="" 50="" g="" fire="" assay="" with="" atomic="" absorption="" (aa)="" finish.="" if="" the="" procedure="" returned="" a="" value="" of="" 0.75="" g/t="" gold="" or="" greater,="" or="" if="" the="" sample="" is="" within="" a="" mineralized="" zone,="" it="" is="" re-run="" using="" a="" 2kg="" screen="" metallic="" gold="" method="" (au-scr24)="" the="" screen="" metallic="" procedure="" utilizes="" a="" two-kilogram="" split="" from="" each="" crushed="" sample,="" which="" is="" pulverized="" and="" passed="" through="" a="" 150-mesh="" screen.="" the="" material="" remaining="" on="" the="" screen="" (plus="" fraction)="" is="" analyzed="" in="" its="" entirety="" by="" fire="" assay="" with="" gravimetric="" finish.="" the="" material="" that="" passed="" through="" the="" screen="" (minus="" fraction)="" is="" homogenized="" and="" two="" 50="" g="" subsamples="" are="" analyzed="" by="" fire="" assay="" with="" aa="" finish="" and="" averaged.="" the="" plus="" and="" minus="" fraction="" gold="" analyzes="" are="" weight="" averaged="" to="" obtain="" a="" final="" gold="" determination="" for="" the="" sample.="" quality="" control="" and="" assurance="" (qa/qc)="" included="" 12%="" of="" the="" samples,="" consisting="" of="" reject="" duplicates,="" blank="" and="" certified="" reference="" materials.="" while="" in="" als="" custody,="" eighteen="" palletized="" containers="" containing="" 564="" drill="" samples="" (and="" qaqc="" materials)="" from="" the="" three="" of="" spades="" holes="" 3a17-094="" through="" 3a17-097="" were="" involved="" in="" a="" transport="" accident="" in="" mid-march="" 2017.="" the="" samples="" were="" being="" shipped="" from="" the="" als="" whitehorse="" facility="" to="" the="" als="" vancouver="" lab="" in="" an="" enclosed="" trailer.="" some="" samples="" sustained="" material="" loss="" from="" torn="" bags,="" and="" were="" subjected="" to="" a="" broken="" chain="" of="" custody="" during="" recovery.="" since="" the="" samples="" were="" large="" and="" most="" frozen="" solid="" at="" the="" time="" of="" the="" accident="" damage="" was="" minimized.="" the="" technical="" content="" of="" this="" news="" release="" has="" been="" reviewed="" and="" approved="" by="" mark="" c.="" shutty,="" cpg,="" a="" qualified="" person="" as="" defined="" by="" national="" instrument="" 43-101="" and="" an="" employee="" of="" the="" company.="" golden="" predator="" mining="" corp.="" golden="" predator="" mining="" corp.,="" a="" well-financed="" canadian="" gold="" mineral="" exploration="" company="" is="" expanding="" surface="" discoveries,="" at="" its="" 3="" aces="" project="" in="" canada's="" yukon,="" through="" focused="" drilling.="" the="" 3="" aces="" property="" is="" a="" high-grade="" gold="" in="" quartz="" project="" with="" an="" exploration="" program="" underway="" that="" includes="" sampling,="" trenching,="" drilling="" and="" bulk="" sampling="" to="" define="" and="" interpret="" the="" project.="" the="" company="" also="" holds="" the="" brewery="" creek="" project="" in="" canada's="" yukon.="" br="">
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