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Message: News today : 74 m of 7.08 g/t Gold !
Nice intercept of an advanced Yukon Gold Explorer:
Golden Predator (GPD.TO):
http://www.goldenpredator.com/documents/GPDNR11-17-BC-results-FINAL_000.pdf
Golden Predator Intersects 74 m of 7.08 g/t Gold 250m East of Bohemian Zone, Brewery Creek Project, Yukon
Vancouver, British Columbia — April 26, 2011: Golden Predator Corp.
. Four of the final ten holes reported (including hole BC11-198) are from the new Schooner Zone located 250 m east of the recently discovered Bohemian Zone. Importantly, hole BC11-199 - the easternmost hole of the program - intersected 51.6 m of 1.71 g/t gold starting at a depth of 20 m with the hole bottoming in 2.85 g/t gold from 69.5 m to the final depth of 71.6 m. Nine of the ten final holes reported herein intersected significant mineralization. In total the 2011 winter program reported significant mineralization on 24 of the 25 holes drilled.
"The excellent results of this winter’s drilling program have resulted in a significant eastern expansion of the Bohemian discovery. This clearly redefines the potential of the Brewery Creek project as a larger and higher grade gold deposit." said William M. Sheriff, Chairman & CEO. "This latest discovery illustrates the great untapped potential of the entire Brewery Creek Project area which remains greatly underexplored." Brewery Creek Winter Drill Program The 2011 winter drilling program at Brewery Creek focused on the Bohemian Zone and its potential eastern extension to the Schooner Zone. This program resulted in the delineation of a strongly mineralized east-northeast striking corridor at Bohemian that has a minimum strike length of 250 m and an average width in excess of 25 m. The zone is open along strike in both directions and at depth. It is thought that the strong mineralization encountered at Schooner, approximately 250 m east of the last Bohemian hole may represent the extension of the Bohemian zone. The full extent of the mineralization will ultimately be determined by infill drilling between the Bohemian and Schooner Zones as well as step-out drilling along the projected extensions to the known zones. This next phase of drilling is set to commence in May 2011.
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The Brewery Creek Property is located 55 km due east of Dawson City, Yukon and comprises 793 quartz claims over 165 km 2. Brewery Creek was the site of a heap-leach gold mine which operated from 1996‐2002 and produced 279,541 ounces of gold. Current resources remaining on the Property include an Indicated Resource of 3.98 MM tonnes grading 1.135 g/t gold and an Inferred Resource of 2.2 MM tonnes averaging 2.01 g/t gold (Diment and Simpson, 2009). The Brewery Creek Project is authorized under a Type A Water License and a production license with expiry dates of December 31, 2021. 2011 Diamond Drill Holes at Bohemian and Schooner Zones, Brewery Creek, YT Significant Intercepts (1), (2) |
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|
Drill Hole |
From (m) |
To (m) |
Interval (m) |
Gold (g/t) |
|
BC11-190 |
29.0 |
39.0 |
10.0 |
1.26 |
|
BC11-191 |
54.0 |
73.4 |
19.4 |
2.37 |
|
including |
62.0 |
73.4 |
11.4 |
3.73 |
|
BC11-192 |
56.0 |
78.8 |
22.8 |
2.61 |
|
including |
72.7 |
78.8 |
6.1 |
6.40 |
|
BC11-193 |
42.0 |
56.0 |
14.0 |
2.59 |
|
BC11-195 |
24.0 |
61.0 |
37.0 |
0.70 |
|
BC11-196 |
8.0 |
43.0 |
35.0 |
0.87 |
|
BC11-197 |
3.0 |
36.0 |
33.0 |
1.02 |
|
including |
30.0 |
36.0 |
6.0 |
2.93 |
|
BC11-198 |
6.0 |
80.0 |
74.0 |
7.08 |
|
including |
6.0 |
63.5 |
57.5 |
8.90 |
|
and |
18.0 |
36.5 |
18.5 |
11.86 |
|
BC11-199 |
20.0 |
71.6 TD |
51.6 |
1.71 |
|
including |
30.5 |
71.6 TD |
41.1 |
2.02 |
|
and |
58.0 |
71.6 TD |
13.6 |
3.01 |
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