Golden Predator Files Brewery Creek Mineral Resource Report; Shares Hover Just Above 52-Week Lows
Golden Predator Corp. (GPD.TO) announced that it has filed a National Instrument 43-101 Technical Report detailing indicated and inferred mineral resource estimates on its flagship Brewery Creek Project in Canada's Yukon Territory.
Indicated mineral resources are estimated at 20.4 million tonnes grading 0.89 g/t gold containing 581,000 ounces of gold and inferred mineral resources are estimated at 13.0 million tonnes grading 0.83 g/t gold containing 346,000 ounces of gold. Cut off gold grade values of 0.20 g/t gold for oxide material and 0.70 g/t gold for sulfide material were implemented.
Shares in the company are higher today in decent volume of 46,000 shares but continue to hover just above a 52-week low of 38 cents. Shares were last quoted at 40 cents, up a penny, or 2.5%.
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