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Golden Predator Mining Corp. (OTC: NTGSF) has submitted renewal applications for its Water Use License and Quartz Mining License for the Brewery Creek mine in Yukon, set to expire on December 31, 2021. The applications aim for a 10-year extension, as the company prepares to meet regulatory requirements for the project. A Feasibility Study is underway to detail a multi-year mine plan and assess the economic viability of restarting operations. Additionally, Golden Predator is acquiring Viva Gold to combine resources and enhance its position in the gold mining sector.
Viva Gold Corp. (TSXV:VAU, OTCQB:VAUCF) announced strong assay results from five large diameter core holes at its Tonopah Gold Project in Nevada. Key findings include TGM2001 intercepting 59.1 meters at 1.31 g/t gold and 5.56 g/t silver, and TGM2002 achieving 37.7 meters at 3.35 g/t gold and 14.85 g/t silver. These results confirm high-grade mineralization continuity and will aid upcoming metallurgical and environmental tests. The company is also involved in a planned acquisition by Golden Predator (TSXV:GPY, OTCQX:NTGSF), subject to shareholder and regulatory approval.
Golden Predator Mining Corp's CEO Janet Lee-Sheriff and Chief Roberta Joseph of the Tr’ondëk Hwëch’in are participating in a session at the 2021 PDAC Conference on March 10, 2021. The session will focus on engagement strategies between First Nation governments and mining companies.
The PDAC Conference is the world's leading event for mining and exploration, held virtually this year due to COVID-19. Golden Predator is advancing the Brewery Creek Mine project towards a resumption of mining operations in Yukon, under a socio-economic accord with the Tr’ondëk Hwëch’in.
Golden Predator Mining and Viva Gold Corp. have announced a definitive arrangement agreement for Golden Predator to acquire all outstanding securities of Viva Gold. The transaction will enhance their combined assets in Nevada and Yukon, positioning them as a junior gold producer. Each Viva shareholder will receive 1.60 Golden Predator shares, representing a 35% premium over recent share prices. The deal is subject to shareholder and regulatory approvals, with completion expected by May 3, 2021. A joint investor conference is scheduled for March 4, 2021.
Golden Predator Mining Corp. and Viva Gold Corp. have entered into a definitive agreement for Golden Predator to acquire all outstanding securities of Viva Gold through a plan of arrangement. Shareholders of Viva Gold will receive 1.60 Golden Predator common shares per share held, representing a premium of approximately 35%. The combined company aims to enhance its position as an emerging junior gold producer, consolidating advanced stage gold projects and improving risk mitigation. The transaction is subject to shareholder approval and is expected to complete around May 3, 2021.
Golden Predator Mining Corp. (OTCQX:NTGSF) announced significant drilling results from the Brewery Creek mine project, with gold mineralization found in 14 of the last 16 drill holes from the 2020 program. Highlights include drill hole RC20-2694, which revealed 19.81 m of 1.57 g/t gold. The drilling aimed to explore a previously untested 400 m gap between Golden and Lucky resource areas to enhance resource density. The company is also advancing a Bankable Feasibility Study to resume operations, supported by encouraging exploration results.
Golden Predator Mining Corp. (OTCQX: NTGSF) announces the release of 2020 gold and silver coins through its subsidiary, the Yukon Mint™, featuring designs by Yukon artist Brian Walker. These coins commemorate the cancelled 2020 Arctic Winter Games, aiming to keep the spirit alive. The limited edition includes one-ounce and 1/10 ounce gold coins, with pre-orders now accepted. A portion of the sales will support the Arctic Winter Games International Committee in their youth initiatives. The Brewery Creek Mine project is progressing towards potential mining operations with established resources over 1.0 g/t Gold.
Golden Predator Mining Corp. (OTCQX: NTGSF) has commenced its 2020 drill program at the Brewery Creek mine project in Yukon. The initiative includes over 3,000 meters of exploration drilling targeting new large porphyry systems, particularly the Classic and Lonestar zones. The objective is to enhance resource estimates and integrate the Lucky resource into the Keg pit shell for a Bankable Feasibility Study (BFS). Significant gold intercepts previously reported from both zones indicate potential for increasing mineral inventory. The drilling phases began on September 22 and are set to conclude by late October.
Golden Predator Mining Corp. (NTGSF) announced a new NI 43-101-compliant Mineral Resource Estimate for its Brewery Creek mine project in Yukon, showcasing an Indicated leachable resource of 22.2 million tonnes at 1.11 g/t gold, containing 789,000 ounces. An additional Inferred leachable resource of 16.8 million tonnes at 0.92 g/t gold contains 497,000 ounces. The updated estimate, which confirms resource connectivity, will inform the upcoming Bankable Feasibility Study (BFS). A drill program will initiate in September to expand resources further.