Canadian Mining Journal

News

GOLD: Golden Predator doubles 3 Aces drilling



Drilling map for 2017 at the 3 Aces gold project.

YUKON – Vancouver-based Golden Predator Mining has doubled its drilling program at the 3 Aces gold project to 40,000 metres from 20,000 metres. Thus far 6,900 metres of reverse circulation drilling has been completed since the program began in February.

Drilling is focused in the Spades zone and is testing the depth and strike extensions of the Ace of Spades vein, deeper stockwork mineralization, and initial targets at the Jack, Queen, Seven and Three of Spades. Assay results are pending.

Golden Predator said it has restarted processing of the 750-tonne bulk sample taken last year at the Ace of Spades zone following upgrades to the processing plant.  The first 88 tonnes from the stockpile were treated last year and produced 4.6 km of concentrate that was recovered off the shaker tables. The concentrate was smelted to produce a doré bar containing 81.4 oz. of gold and 7.8 oz. of silver. Additional gold remains in the gravity middling or sulphide concentrate, and this material will be smelted by a third party at a later date.

Plant recovery has been above 80% for gold, but the company believes that there is potential to boost that to between 93% and 98%.

Additional information about drilling at the 3 Aces project is posted at www.GoldenPredator.com.