Mining News: More drilling, added gold coming to 3 Aces

Golden Predator Mining Corp. May 3 said it is doubling the 2017 drill program at its 3 Aces gold project in southeast Yukon to 40,000 meters. Since the February start of the program, 6,900 meters of reverse circulation drilling has been completed at the Spades zone. This work has tested the depth and strike extensions of the high-grade gold found at the Ace of Spades vein, deeper stockwork mineralization found there, and initial targets at the Jack, Queen, Seven and Three of Spades targets. The company has also restarted the processing of the high-grade bulk sample material from the Ace of Spades following the refurbishment of the processing plant. In 2016, the company recovered 81.4 ounces of gold and 7.8 oz of silver from 88 short tons of this material. Daily head and tail assays collected from the plant since recommissioning indicate it is recovering more than 80 percent of the gold recovered by gravity with estimated throughput of 1.25 dry short tons per hour. Golden Predator said it has roughly another 670 short tons of Ace of Spades bulk sample material stockpiled that is slated to be processed within the next two months. The company plans to conduct additional bulk sampling under its existing permit in order to reconcile drill sample results to contained gold, and to establish the metallurgical characteristics of the various mineralized veins at 3 Aces.

–SHANE LASLEY