Golden Predator Intercepts 5.1 Meters of 32.1 g/t Gold at Brewery Creek's Lucky Deposit

- October 13th, 2016

VANCOUVER, BC –(Marketwired – October 13, 2016) – Golden Predator Mining Corp. (TSXV:GPY) is pleased to announce new drill results from a program designed to gather metallurgical, geotechnical and environmental information and samples from the Brewery Creek project in the Yukon.

VANCOUVER, BC –(Marketwired – October 13, 2016) – Golden Predator Mining Corp. (TSXV:GPY) is pleased to announce new drill results from a program designed to gather metallurgical, geotechnical and environmental information and samples from the Brewery Creek project in the Yukon. Several of these holes, which were generally shallow and proximal to the existing pits, encountered significantly higher than anticipated gold grades. Highlights include (see attached figures for hole locations):

  • Hole #11 with 8.2 meters (m) of 21.3 g/t gold from 22.2 m down hole including 5.1 m of 32.1 g/t gold from 23.9 m down hole.
  • Hole #31 with 17.5m of 5.5 g/t gold from 9.9 meters down hole from the north side of the former Lucky pit floor.
  • Hole #25 with 5.6m of 5.2 g/t gold from 21.2 meters down hole from the eastern edge of the former Lucky pit.
  • Composite sample from Hole #24 of two intervals from 25.9m to 27.1m and 34.2m to 35.1m assayed 4.33 g/t gold from the northern portion of the former Lucky pit floor.

“We are very pleased with the results of our 2016 drill program at Brewery Creek, it demonstrates the potential for higher gold grades, and shows that significant amounts of oxide material remains in the old pits,” said Janet Lee-Sheriff, Chief Executive Officer. “Moving forward the Company will be considering possible options to advance the Brewery Creek project.”

Connect with Golden Predator Mining Corp. (TSXV:GPY) to receive an Investor Presentation.

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