West Big Rock Zone Drilling Intersects 25.5 m of 1.46 g/t Gold Brewery Creek Project, Yukon
Vancouver, Canada— July 26th, 2012: Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce the results from an additional 12 in-fill diamond drill holes from the West Big Rock Zone at its flagship Brewery Creek Project. The ongoing program is designed to increase the existing indicated resources by upgrading the inferred resource through closer spaced drilling at the Big Rock Zone. To date the program is demonstrating strong continuity of the ore body in the targeted areas. The Company anticipates incorporating these results, as well as previously announced drill data from its 2012 campaign, into an updated resource estimate planned for later in the year.
Highlights of the current release include:
BC12-431 with 19.6 m of 1.03 g/t gold from a depth of 53.0 m including 1.6 m of 6.27 g/t gold;
BC12-433 with 18.0 m of 1.97 g/t gold from a depth of 47.9 m including 4.4 m of 5.88 g/t gold;
BC12-435 with 23.1 m of 1.71 g/t gold from a depth of 43.4 m including 2.8 m of 7.01 g/t gold;
BC12-436 with 23.2 m of 1.64 g/t gold from a depth of 38.7 m including 13.0 m of 2.26 g/t gold; and
BC12-451 with 25.5 m of 1.55 g/t gold from a depth of 33.0 m.
West Big Rock Zone, Brewery Creek
The West Big Rock resource area is the farthest west known gold resource at the Brewery Creek Project. Gold mineralization occurs primarily in clay altered quartz monzonite sills and to a lesser extent in siliclastic sedimentary rocks. The primary mineralized zone outcrops, with a strike of N70 o E and dip of 40o to the southeast.
The 12 in-fill holes reported above are part of the Company’s 2012 drilling program at Brewery Creek, which has completed more than 18,000 m to date this year. Drilling at the West Big Rock Zone is anticipated to continue with a combination of in-fill and step-out holes. - Golden Predator press continues at the link below.
Source: Golden Predator Corp.
Disclosure: Golden Predator is a Vulture Bargain Candidate of Interest (VBCI). Members of the GGR team are actively accumulating and hold long positions in GPD.T or GPRXF.