Golden Predator Mining Corp. (
TSX.V: GPY;
OTCQX: NTGSF) (the “
Company” or “Golden
Predator”) is extremely pleased to announce the launch of Kaska
Kayeh, filmed at its 3 Aces Project in Canada’s Yukon. Golden
Predator, an innovative exploration company, created the video to
document the way the Kaska Nation and Golden Predator work together
in a cooperative and mutually beneficial manner which respects
First Nation rights and culture. Golden Predator also provides an
update of 2018 exploration activities at the Company’s 3 Aces
Project and the Brewery Creek Project in Canada’s Yukon.
The Kaska Kayeh video was produced by Brian
Ladue, a Kaska citizen, and can be viewed at:
https://youtu.be/iEAnkoq6qOc. Golden Predator has worked with the
Kaska Nation since 2010 and expanded this relationship to include
the 3 Aces Project in 2015.
"It’s always a great pleasure to work with my
Elders and land stewards, especially on important cultural and land
related projects. It’s also very encouraging to see a company such
as Golden Predator taking the lead on making efforts to change the
status quo when it comes to how industry conducts themselves with
First Nations,” said Brian Ladue, President of Northern Wild
Productions. “Film is such a great medium to express cultural
perspectives and is a powerful method to effectively reach many
people in a positive and productive way. It truly is the evolution
of storytelling in a modern world."
“Golden Predator is committed to operating in an
open and cooperative nature and to have a positive impact on the
communities where we work,” said Janet Lee-Sheriff, CEO of Golden
Predator. “The Kaska Kayeh video and our on-going Elders in
Residence Program are only two examples of the multi-faceted
approach we take to working closely and creatively with the
community along with training, sound environmental practices,
employment, service and supply contracts and a community
development program.”
Exploration Update
The 1,000 m diamond drilling metallurgical
testing program at its 100% owned, past producing Brewery Creek
Project is now complete. Samples have been received by SGS
Lakefield where testing will be conducted to establish amenability
to vat leaching in order to enhance project economics. The
metallurgical studies are expected to be completed by year
end. In addition, ~800 m of exploration drilling, within and
outside of existing resource areas was completed with results
anticipated in the next several weeks. The exploration program was
designed to expand the current limits of known mineralization.
The 2,500 m diamond drill program currently
underway at the high-grade gold, 100% owned Sprogge Area of the
Company’s 3 Aces Project is designed to target the primary
structural control along 2 km of strike at varying depths ranging
from near surface to ~200 m below surface. Drilling at Sprogge is
expected to be complete within the next week with initial results
anticipated in October 2018.
The Company has commenced its 2018 bulk sample
program designed to reconcile tight spaced drill results, metal
distribution modelling, geological interpretation and physical rock
characteristics. Bulk sampling of approximately 6,000 metric
tonnes is anticipated to be completed in approximately one month.
Interim reporting will occur in Q4/18 with final results reported
in 2019. With approximately 10% of the sampling completed,
two new gold-bearing veins have been identified that were not
intersected in previous drilling.
The bulk sample will be processed solely using
conventional gravity recovery methods (crushing, grinding, sluicing
and shaker tables) and will continue to provide valuable
geological, engineering and metallurgical information while
effectively demonstrating that gravity processing is sufficient to
obtain high gold recoveries without the use of chemicals or
elaborate equipment.
As a result of continued target identification
and current bulk sampling, a reverse circulation (RC) drill program
commenced on Aug 16, 2018 in the Central Core Area at the 3 Aces
Project, it is expected to continue for up to 60 days. The
objective for the continuing RC drill program will be to test new
targets and new veins discovered during the bulk sampling program.
In addition, diamond drilling will begin in the next few weeks in
the Central Core Area designed to establish continuity between the
original high-grade discoveries at the Ace of Hearts and the Spades
areas; a distance of more than 1 km.
The technical content of this news release has
been reviewed and approved by Mark 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. is a gold
exploration company focused on advancing key Yukon projects with
significant exploration upside, good infrastructure and community
support. The Company is actively exploring its 3 Aces Project and
the advanced Brewery Creek Project, a past-producing brownfields
project with a 2014 Preliminary Economic Assessment prepared in
accordance with NI 43-101. The 3 Aces property is located in the
traditional territory of the Kaska Nation and operates under an MOU
for Exploration with the Kaska Nation. The Brewery Creek
project is in the traditional territory of the Tr’ondek Hwech’in
and operates under a Socio-Economic Accord.
For additional information: Janet Lee- Sheriff
Chief Executive Officer (604)260-0289 info@goldenpredator.com
www.goldenpredator.com
For additional information on Northern Wild
Productions:Brian, Ladue, President - Northern Wild
ProductionsEmail: northernwildproductions@gmail.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. No stock exchange, securities commission
or other regulatory authority has approved or disapproved the
information contained herein. This press release contains
forward-looking information that involve various risks and
uncertainties regarding future events. Such forward-looking
information can include without limitation statements based on
current expectations that the private placement will complete as
described herein, that the Project will advance through permitting
and feasibility. Actual results and future events could
differ materially from those anticipated in such information. These
and all subsequent written and oral forward-looking information are
based on estimates and opinions of management on the dates they are
made and are expressly qualified in their entirety by this notice.
Except as required by law, the Company assumes no obligation to
update forward-looking information should circumstances or
management's estimates or opinions change
Background Information
Northern Wild ProductionsNorthern Wild
Productions is a Yukon based video production company, owned and
operated by Brian Ladue. Brian Ladue, a former Chief of the Ross
River Dena Council and member of the Kaska Nation is a seasoned and
experienced Producer, Director, Cinematographer and Film Editor.
In the last 10 years Brian has produced a number of film
projects, the majority of these projects being “in-house”
traditional knowledge films for the Kaska people. These projects
included making documentary films using the stories and legends of
the Kaska, while documenting the language and traditional knowledge
in a format that will endure for years to come.
Ultimately, Brian hopes to extend his expertise
in film making to capture and re-tell some of the greatest northern
stories that need to be told. With a vast understanding and
knowledge of today’s most modern production technologies, Northern
Wild Productions thrives to produce the highest of quality
productions.
Janet Lee-Sheriff, Chief Executive
OfficerMs. Lee-Sheriff brings 25 years of public,
government and private sector experience to the role of CEO having
served in senior officer-level positions with several public
companies. Previously, Ms. Lee-Sheriff managed Cabinet Policy and
Intergovernmental Affairs for the Conservative, Liberal and NDP
governments of the Yukon, developed the Yukon Economic Forums and
delivered gold conferences for GATA in Dawson City, Yukon,
Washington, DC and London, England. She founded the Yukon Mines
Legacy Foundation and the Yukon Gold Mining Alliance.
Ms. Lee-Sheriff has a long history of
pro-actively working with the Yukon First Nations. As founding
director of the Yukon Mines Training Association, she secured $10
million in federal funding for aboriginal mine training. She has
successfully negotiated and implemented many socio-economic and
exploration agreements between the Company and several Yukon First
Nations. Ms. Lee-Sheriff is a recipient of the Queen's Jubilee
Commemorative Medal awarded for outstanding achievements by
Canadians and is a graduate of Queen’s University.
Elders-in-Residence ProgramIn
May 2018, Golden Predator launched the Kaska Nation
Elders-in-Residence Program, a first of its kind for the
exploration and mining sectors. The Elders-in-Residence Program, at
the 3 Aces Project in southeast Yukon, works directly with Ross
River Dena Council and Liard First Nation Elders to support
learning and understanding, promote cultural awareness and share
wisdom/and teachings as part of the exploration process. The
Company is proud to pioneer this innovative and unique initiative
and views this on of the tools to involve the community in the
exploration program while mutually benefitting from shared
information and working together.
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