Monday, November 16, 2020
Golden Predator Mining (NTGSF)(GPY:CA)
2020 Drilling Program Completed; Assay Results Pending
Golden Predator Mining Corp is a Canada based exploration stage company engaged in the business of acquiring and exploring mineral properties. It owns properties primarily in Yukon, Canada. Some of the company’s projects located in Yukon are the 3 Aces, Sprogge, Reef, Brewery Creek, Marg, Sonora Gulch, Grew Creek, Upper Hyland and others.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Assay results pending. Golden Predator completed its 2020 drilling program, which commenced in September, and included a reverse circulation drilling program, along with a metallurgical core drilling program. In aggregate, 60 holes were drilled representing 5,900 meters of drilling. Final assay results are expected in December. Drilling focused on connecting the Keg pit that combines the Canadian, Fosters, Golden and Kokanee deposits into one elongated pit with a fifth deposit known as Lucky. Core drilling samples will be used in leach column tests to confirm whether a coarser crush size results in better recoveries of gold.
Bankable feasibility study (BFS) expected in Q1-21. A BFS is being completed by Kappes Cassiday & Associates and will include a multi-year mine plan for the advancement of the Brewery Creek project. The BFS will include an inventory of material on the heap to be re-processed and a plan to resume mining of material from leachable resources contained within the licensed area …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.