Wednesday, February 10, 2021
Golden Predator Mining (NTGSF)(GPY:CA)
Bankable Feasibility Study Expected Later This Quarter
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.
Final drill results from 2020 work program. Results were released for the remaining 16 of 32 drill holes from the 2020 work program. Recall that 32 infill drill holes, representing 3,706 meters, were completed in a 400-meter gap area between the Golden and Lucky resource areas. The infill drill program built on the company’s 2019 program that established continuity of mineralization within the licensed Reserve Trend between the eastern edge of the Canadian-Fosters-Kokanee-Golden pits (Keg pit shell) east to the Lucky pit. Infill drilling within this 400-meter gap is intended to convert inferred resources to indicated resources and confirm continuity of mineralization between the two deposits to incorporate the Lucky resource into the Keg pit shell.
Positive outcomes. Assay results indicated significant thicknesses of gold mineralization in 14 of the 16 drill holes. Two of the drill holes were not completed to target depth. Composite mineralized intercept thicknesses ranged from 6.10 meters to 45.72 meters with an average composite mineralized thickness of 26.05 meters in the 11 drill holes that had full intersections across the mineralized …
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*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.