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Providing coverage of Alaska and Northwest Canada's mineral industry
October 2017

Vol. 22, No. 44 Week of October 29, 2017

Mining News: Drilling merges 3 Aces high-grade gold zones

Golden Predator Mining Corp. Oct. 25 reported that recent drill results have confirmed the continuity of the 1,600-meter-long Hearts-Clubs corridor at 3 Aces, a high-grade gold project in southeast Yukon. Highlights from the most recent assay results from reverse circulation drilling at Hearts-Clubs includes 19.81 meters of 3.32 grams per metric ton gold from a depth of 10.67 meters in hole3A17-203; and 4.57 meters of 9.3 g/t gold from a depth of 22.1 meters in 3A17-205. Golden Predator said the results from 20 RC holes has confirmed a doubling of the strike length of the Ace of Hearts vein, with 600 meters of continuity, and the extension of mineralization for 340 meters along the Hearts-Clubs Corridor. A second parallel shear zone, below the Hearts-Clubs Corridor, was also established and confirmed with visible gold along a 450-meter segment, additional results are pending. The 1,600-meter Hearts-Club Corridor now extends from the Ace of Hearts to the Ten of Clubs zone. In 2018, the company will test a 1,200-meter projected extension of the corridor. “We continue to be encouraged by our drill program results which expand gold mineralization, further support the orogenic gold system, and develop our evolving geologic and structural model,” said Golden Predator CEO Janet Lee-Sheriff, Chief Executive Officer. “The Hearts-Clubs Corridor remains open along strike and at depth and we will continue to drill the newly identified parallel structures in the Hearts-Clubs corridor.”

–SHANE LASLEY






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