Golden Predator Mourns the Passing of Dennis Fentie, Former Director, Friend and Former Premier of the Yukon
September 03 2019 - 12:41PM
Golden Predator Mining Corp. (TSX.V:GPY,
OTCQX:NTGSF) (the “
Company” or
“
Golden Predator”) sadly reports that former
Golden Predator Director and Yukon Premier Dennis Fentie has
lost his brave battle with cancer, passing away on August 29th,
2019. Dennis passionately and tirelessly served the Yukon for 10
years as Premier before re-entering the private sector where he
brought the same passion, wisdom and enthusiasm as a key member of
the Company’s board until his resignation two weeks ago. On
behalf of the Board of Directors, management and staff we offer our
sincere condolences to his widow Lorraine and his extended family
and friends.
“We all have lost a friend and a passionate
advocate for the Yukon’s mining industry and the Yukon,” said
William Sheriff, Executive Chairman. “A tireless leader, Dennis
fully embraced our agenda to meaningfully contribute to community
development and expansion of the Yukon’s mining sector as we build
a strong company for our shareholders. We are a stronger and
better company due in large part to his influence and our hearts go
out to Lorraine, his family and friends at this time. His
life is to be celebrated and his unparalleled contributions to the
Yukon and our Company have left a legacy for the future.”
Golden Predator Mining
Corp.Golden Predator is advancing the past-producing
Brewery Creek Mine towards a timely resumption of mining
activities, under its valid Quartz Mining and Water Licenses, in
Canada’s Yukon. With established resources grading over 1.0 g/t
Gold and low capex to production in a safe first world
jurisdiction, Brewery Creek has a clear path to production as an
economically and environmentally known project. Optimization
studies are progressing to enhance the already positive multi-phase
project economics described in the 2014 Preliminary Economic
Assessment. Drilling continues to expand the open-ended resources
and untested targets across the 186 km2 brownfield property.
At the 3 Aces project, Golden Predator continues
to expand on discoveries of native gold in quartz veins while
ongoing bulk sampling and processing at the 50 tpd Company-owned
processing plant has demonstrated gold recoveries of over 85% using
a chemical-free process. This green gold provides the gold for the
mintage of .9999 gold coins from the Yukon Mint™, a wholly owned
subsidiary of Golden Predator.
For additional
information:
Janet Lee-Sheriff
Chief Executive
Officer
Golden Predator Mining
Corp.
(604) 260-8435
info@goldenpredator.com www.goldenpredator.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 express or
implied regarding completion of the transactions described herein,
the upcoming season at 3 Aces project, and projected grades
and gold and silver recoveries from the 2018 and proposed 2019 bulk
sample program, 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.
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