Golden Predator Intersects 46.7m of 3.78 g/t Gold at Carlos Zone, Grew Creek Project, Yukon
TSX: GPD
VANCOUVER, June 21, 2011 /PRNewswire/ – Golden Predator Corp. (TSX: GPD) (the “Company”) is pleased to announce the results of an
additional six core holes from its winter 2011 drill program at the
Carlos Zone, Grew Creek Project, Yukon. All of these holes have
intersected significant mineralization including 46.7m of 3.78 g/t Gold
beginning at a depth of 130.4 m in core hole GC11-276 and 47.3m of 1.02
g/t Gold from a depth of 47m in core hole GC11-275.
Drilling results received to date continue to confirm the position and
orientation of veins and high-grade stockwork zones modeled from
historic drill data. These new data fill gaps within the historic drill
pattern and extend the known mineralized zones along strike and down
dip. The Company is looking forward to receiving the results from the
final 5 core holes from the 20-hole winter 2011 program which was
completed last month. The drill spacing achieved during this drilling
campaign will provide the data necessary to calculate an indicated
resource, which the Company is working to complete later this year.
_________________________________________________
|Winter 2011 Diamond Drill Holes at Grew Creek,YT|
| Significant Intercepts(1),(2) |
|_________________________________________________|
|Drill Hole|From | To |Interval| Gold |
| | (m) | (m) | (m) | (g/t) |
|__________|_____|_____|________|_________________|
| GC11-273 |175.3|181.4| 6.1 | 0.51 |
|__________|_____|_____|________|_________________|
| | | | | |
|__________|_____|_____|________|_________________|
| GC11-274 |68.0 |77.7 | 9.7 | 0.69 |
|__________|_____|_____|________|_________________|
| and |116.0|128.0| 12.0 | 0.51 |
|__________|_____|_____|________|_________________|
| and |150.0|152.0| 2.0 | 1.28 |
|__________|_____|_____|________|_________________|
| | | | | |
|__________|_____|_____|________|_________________|
| GC11-275 |47.7 |95.0 | 47.3 | 1.00 |
|__________|_____|_____|________|_________________|
| and |103.1|113.1| 10.0 | 3.41 |
|__________|_____|_____|________|_________________|
| and |119.1|121.1| 2.0 | 2.84 |
|__________|_____|_____|________|_________________|
| | | | | |
|__________|_____|_____|________|_________________|
| GC11-276 |130.4|177.1| 46.7 | 3.78 |
|__________|_____|_____|________|_________________|
|including |130.4|141.2| 10.8 | 11.29 |
|__________|_____|_____|________|_________________|
| and |149.2|153.2| 4.0 | 4.16 |
|__________|_____|_____|________|_________________|
| and |159.2|169.1| 9.9 | 2.47 |
|__________|_____|_____|________|_________________|
| | | | | |
|__________|_____|_____|________|_________________|
| GC11-277 |140.5|146.5| 6.0 | 0.57 |
|__________|_____|_____|________|_________________|
| | | | | |
|__________|_____|_____|________|_________________|
| GC11-278 |114.2|122.2| 8.0 | 0.84 |
|__________|_____|_____|________|_________________|
| and |142.2|152.2| 10.0 | 3.20 |
|__________|_____|_____|________|_________________|
((1) )Results where g/t x m is less than 2.5 are not reported in this table,
unless the individual grade was >= 1 g/t gold over a minimum of 2.0
metres. Other intervals require >=0.5 g/t gold to be included.
((2) )grams per tonne (g/t) to troy ounces per short ton: g/t divided by
34.2857 or multiply by .0292 meters to feet: 1 m equals 3.28084 ft.
Sampling Methodology, Quality Control and Assurance
Samples were fire assayed by ALS Chemex in Vancouver. Refer to the
Company’s news release dated May 26, 2011 for a complete discussion of
sampling methods, quality control and assurance.
The technical content of this news release has been reviewed and
approved by Bruce R. Otto, MSc, PGeo, CPG, the Company’s Senior
Structural Geologist and a Qualified Person as defined by National
Instrument 43-101.
About Golden Predator Corp.
Golden Predator Corp., a well-funded exploration and development
company, has a mandate to be the leading gold property explorer and
developer in Yukon, Canada. Golden Predator has a vast Yukon property
position with three advanced gold projects, 6 pipeline prospects as
well as exploration landholdings comprising over 2,300 km(2). Drilling continues at the Company’s flagship Brewery Creek project and
at Grew Creek, and has begun at Clear Creek. Golden Predator will work
towards completing initial resource estimates for Grew Creek and Clear
Creek and updating the existing resource estimate for Brewery Creek, in
addition to conducting initial drilling at the recently acquired Harlan
project.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This
press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance. There are
numerous risks and uncertainties that could cause actual results and
Golden Predator’s plans and objectives to differ materially from those
expressed in the forward-looking information. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Golden Predator assumes no
obligation to update forward-looking information should circumstances
or management’s estimates or opinions change.Â
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SOURCE Golden Predator Corp.