Mining News: Drill cuts 4oz/t gold at 3 Aces

Golden Predator Mining Corp. May 30 reported results from 16 holes drilled at the Spades zone of its 3 Aces gold project in southeastern Yukon. So far, the company has identified five veins – Ace, Queen, Jack, Seven and Three – across a roughly 800-meter-long area. The latest results include the highest-grade drill intercept received to-date on the Ace of Spades vein. This hole, 3A17-098, cut 39.63 meters averaging 13.26 grams per ton gold from a depth of 9.14 meters, including 3.05 meters averaging 124.64 g/t (4.04 ounce per metric ton) gold. The company also reported high-grade intercepts from the Seven of Spades vein, about 500 meters north of Ace of Spades. The best hole drilled in this vein cut 1.52 meters of 12.66 g/t gold from a depth of 38.1 meters. Similar results were encountered at the Three of Aces vein, located about 250 meters southeast of Ace of Spades. One hole drilled there, 3A17-092, cut 3.81 meters of 4.7 g/t gold from a depth of 131.06 meters. These results are part of a 40,000-meter drill program that started in February.

–SHANE LASLEY

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