Wednesday, July 29, 2020

Golden Predator Mining (NTGSF)

Research Initiation - Advancing The Yukon's Next Big Gold Mine

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, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Initiating coverage. We are initiating coverage of Golden Predator Mining. The company is advancing the Brewery Creek Mine in Canada's Yukon territory with full year production expected in 2022. In our view, the equity offers significant appreciation potential as the company achieves critical milestones. Near-term catalysts include: 1) an updated mineral resource estimate expected in August 2020, 2) third quarter 2020 completion of a study to evaluate the feasibility of reprocessing heap leach pad material, and 3) completion of a full feasibility study of the Brewery Creek project, including reprocessing material on the heap leach pad and ore mined from permitted areas, by year-end 2020.




Significant exploration potential. While our estimates are based on an initial mine plan that sources ore from currently permitted areas, there are significant opportunities to permit new areas with known resources and also develop new resources through exploration. Brewery Creek's large land package offers significant ...

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.