Canadian Mining Journal

News

GOLD: Golden Predator finds new veins at 3 Aces



YUKON – Golden Predator Mining of Vancouver says it has discovered new gold-bearing veins at its 3 Aces project 160 km north of Watson Lake. The new zone at the Queen of Spades zone returned values up to 30.8 g/t Au. It consists of several quartz zones lying sub-parallel to the hillside.

Another new zone, the Seven of Spades, returned values up to 18.55 g/t Au. It is composed of a flat lying, stacked quartz veins, high angle quartz veins and steeply dipping fracture/fault zones.

Additional results from continuous panel samples of a second  bench at Jack of Spades returned 20 metres of 7.62 g/t Au including 11.7 g/t over 12.4 metres and 37.9 g/t over 1.7 metres.

At Three of Spades additional assays have increased the strike length of the vein with returns including 6.95 g/t Au.

The 2016 work program, commenced in August 2016, included airborne geophysics, soil sampling, trenching, panel sampling, road construction and installation of a bridge over the Little Hyland River. The 3 Aces drill program, currently underway, is intended to test high grade mineralization exposed in a number of trenches along strike and down dip in the Ace of Spades zone and the Jack of Spades zone, and from additional mineralized veins in the Spades, Hearts and Clubs areas.

Maps of recent results are available at http://GoldenPredator.com/_resources/images/maps/3Ace_SpadesMaps_20161116.pdf.