Movers and SHAKERS
Golden Predator Mining (NTGSF)(GPY:CA)
Drill Program Results Checking the Boxes
Golden Predator Mining Corp is a Canada based exploration stage company engaged in the business of acquiring and exploring mineral properties. It owns properties primarily in Yukon, Canada. Some of the company's projects located in Yukon are the 3 Aces, Sprogge, Reef, Brewery Creek, Marg, Sonora Gulch, Grew Creek, Upper Hyland and others.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Assay results released. Golden Predator released the initial results from 16 of 32 reverse circulation drill holes from the 2020 Brewery Creek drilling program. Recall that 32 infill drill holes, representing 3,706 meters, were completed in a 400-meter gap area between the Golden and Lucky resource areas. The infill drill program built on the company's 2019 program that established continuity of mineralization within the licensed Reserve Trend between the eastern edge of the Canadian-Fosters-Kokanee-Golden pits (Keg pit shell) east to the Lucky pit. Infill drilling within this 400-meter gap is intended to increase the density of drilling to confirm continuity of mineralization between the two deposits while testing for additional resources, and to incorporate the Lucky resource into the Keg pit shell.
Affirming continuity of mineralization. Assay results indicated significant thicknesses of gold mineralization in all 16 drill holes. Composite mineralized intercept thicknesses ranged from 6.10 meters to 74.68 meters with an average composite mineralized thickness of 31.18 meters among the 16 holes. Mineralization encountered consisted of sulfide and oxide material. Results for the remaining ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.