Mining News: 3 Aces bulk sampling yields 744 oz gold bar

Golden Predator Mining Corp. Sep. 12 reported that it has poured a 744 troy ounce gold doré bar recovered from the its initial 776 metric ton bulk sample at the 3 Aces project in eastern Yukon. A 96.72 oz bar from 2016 bulk sampling contained 85 percent fine gold and 8 percent fine silver. Similar percentages would make this year’s bar worth about US$840,000 at today’s gold and silver prices. In addition to the 744 oz bar poured from the No. 1 concentrate table at 3 Aces, Golden Predator has arranged shipment of 86.4 kilograms of No. 2 concentrate and more than 1 metric ton of #3 concentrate for further processing. Golden Predator also reported results of the final 10 holes drilled at the Ace of Spades zone this summer. Highlights from these holes include 19.3 meters averaging 16.15 grams per metric ton gold; 4.2 meters20.04 g/t gold; and 2.5 meters of 15.51 g/t gold. Drilling began testing the northerly extension of the Hearts zone in August and on the newly discovered gold-in-quartz veins at the Diamonds zone in September.

–SHANE LASLEY