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File: GPYNR16-18 3 Aces Drill Results FINAL.pdf
NEWS RELEASE
TSX.V: GPY
June 20th, 2016
NR 16-18
www.goldenpredator.com
Golden Predator Intersects 11.43m of 31.82 g/t Gold at 3 Aces Project
Vancouver, BC, June 20, 2016: Golden Predator Mining Corp. (TSX.V: GPY) (the "Company" or "Golden
Predator") is pleased to report assay results for the previously announced Reverse Circulation (RC) drill
program at the 100% owned 3 Aces Project in southeastern Yukon.
Highlights from the program include:
3A16-RC003 with 6.40 m of 13.80 g/t gold from a depth of 22.55 m; including 1.83 m of
31.32 g/t gold;
3A16-RC007 with 2.28 m of 96.78 g/t gold from a depth of 3.51 m; including 0.76 m of
272.00 g/t gold;
3A16-RC015 with 11.43 m of 31.89 g/t gold from a depth of 12.80 m; including 6.10 m of
50.50 g/t gold; and
3A16-RC025 with 10.36 m of 14.30 g/t gold from a depth of 10.06 m; including 0.76 m of
53.10 g/t gold, and 2.29 m of 22.54 g/t gold, and 0.46 m of 42.90 g/t gold.
"These drill results continue to demonstrate impressive values along with an apparent thickening of the
mineralization with depth," said Janet Lee-Sheriff, Chief Executive Officer. "With each successive
program we continue to demonstrate continuity of mineralization and expand our working knowledge
of the nature of the veins and mineralization at 3 Aces. We look forward to applying this knowledge to
the systematic exploration of additional veins across the project while continuing to expand the
mineralization along the Sleeping Giant vein."
A total of 31 RC drill holes totaling 510 m (1674.5 ft) were drilled to test down dip and along strike of the
approximately 750 ton bulk sample extracted from the Sleeping Giant vein. Holes 1 through 28 were
drilled from a large drill pad constructed approximately 2m below the deepest extent of the already
completed bulk sampling program. All holes encountered the mineralized structure as expected and
with the exception of hole 12, which was the most southerly hole, returned at least one sample of
greater than 2g/t Au. Significant intercepts are listed in the table below. Any holes with less than 4.0 g/t
gold over 1.5m are not deemed significant. The vein remains open along strike and down dip.
Holes 29 -31 were drilled from a pad approximately 20 m below the main drill pad. Hole 29 was drilled
to test the field interpretation of a shallowly plunging high grade mineralized shoot to the northwest in
the Sleeping Giant vein. The drilling did not intersect a shoot in this direction as predicted. Hole 29 did
intersect a previously undrilled vein located at surface on the drill pad returning a value of 13.0 g/t gold
over 0.76 m. Hole 30 and 31 were shallow holes testing along the interpreted strike of the undrilled vein
and returned values of 2.90 g/t gold over 0.61 m and 1.06 g/t Au over 0.76 m respectively.
Sleeping Giant Zone - 3 Aces Project
Drill Program - Significant Results
Hole ID From (m) To (m) Drilled Width (m) Au (g/t)
3A16-RC-001 (305, -45) 0.30 4.11 3.81 9.33
including 0.30 1.83 1.53 14.85
3A16-RC-003 (305,-80) 22.55 28.95 6.40 13.80
including 22.55 24.38 1.83 31.32
3A16-RC-005 (305, -45) 3.20 6.25 3.05 7.28
3A16-RC-006 (305, -45) 7.47 9.75 2.28 5.76
3A16-RC-007 (305, -45) 3.51 5.79 2.28 96.78
including 5.03 5.79 0.76 272.00
3A16-RC-008 (305, -45) 7.62 9.91 2.29 13.65
including 7.62 8.38 0.76 29.10
3A16-RC-009 (305, -45) 2.44 5.03 2.59 9.32
including 3.51 4.27 0.76 17.80
3A16-RC-010 (305, -45) 7.62 9.14 1.52 17.73
3A16-RC-013 (305, -45) 1.22 4.27 3.05 6.49
including 3.51 4.27 0.76 19.05
3A16-RC-014 (305, -45) 3.81 4.57 0.76 4.48
and 8.38 9.14 0.76 15.85
3A16-RC-015 (305, -45) 12.80 24.23 11.43 31.89
including 12.80 18.90 6.10 50.50
3A16-RC-016 (305, -45) 13.72 16.00 2.28 7.98
3A16-RC-017 (305,-80) 21.94 24.23 2.29 4.77
3A16-RC-018 (305,-80) 18.44 19.20 0.76 7.97
and 25.30 27.58 2.28 28.87
3A16-RC-021 (305, -45) 2.13 3.66 1.53 29.11
3A16-RC-022 (305, -45) 3.20 6.25 3.05 7.39
including 3.20 3.96 0.76 19.75
3A16-RC-024 (305,-80) 22.55 24.38 1.83 9.94
3A16-RC-025 (305,-80) 10.06 20.42 10.36 14.30
including 10.06 10.82 0.76 53.10
including 16.15 18.44 2.29 22.54
including 19.96 20.42 0.46 42.90
3A16-RC-026 (305,-80) 9.91 12.95 3.04 8.27
including 9.91 10.67 0.76 13.60
3A16-RC-027 (305, -45) 5.49 7.01 1.52 4.05
3A16-RC-029 (330,-80) 2.44 3.20 0.76 13.00
Note: Assay composites were calculated using uncut assays and are reported as drilled widths. -45 holes are interpret
--->ed as
100% true width, -80 holes are 82% true width.
Table uses 4.0 g/t cut-off grade except for internal assays <4.0 g/t or 4.0g minimum across minimum width of 1.5m
This drill program was designed to expand on initial drill testing of the Sleeping Giant vein. The previous
drill program was conducted on approximate 2m by 4m spacing to establish grade and continuity for the
bulk sampling program. In this latest round of drilling the drill spacing increased to a minimum of 5-10m
apart and tested the vein along a strike distance of approximately 50m. This was the first test to
establish continuity as this step-out drilling tested portions of the vein to approximately 45m down dip.
Significantly the program noted a general thickening of the potentially productive portion of the vein
with depth as noted in holes 3, 15 and 25 The drill program targeted near surface extensions to the high
grade Sleeping Giant vein where a bulk sample was excavated in February and March of this year.
Further bulk sampling will be required to properly verify that these drill results provide adequate sample
density to establish predictable gold content over the full extent of the vein drilled during this program.
3 Aces Project, Yukon
The 3 Aces property consists of 1,118 contiguous quartz claims (23,000 hectares) located in southeast
Yukon. The property is located along the all-season Nahanni Range Road which accesses the Cantung
Mine located 40 kilometers to the north.
The 3 Aces property contains a number of quartz veins and vein zones that cut Cambrian aged
limestone, shale, quartz grits and chert pebble conglomerates of the Hyland Group. Previous sampling
and exploration by Golden Predator has outlined extensive gold-in-soil anomalies over nine square
kilometres, including numerous high grade gold showings.
The 3 Aces property is located in the traditional territory of the Kaska Nation. In January 2013, Golden
Predator signed an Exploration Agreement with the Kaska Nation, as represented by the Ross River Dena
Council and the Liard First Nation, with respect to activities within their traditional territories.
Sampling Methodology, Quality Control and Assurance
Previous metallurgical work established that a 2,000 gram pulp and screen metallic assaying is an
appropriate method to obtain reliable gold grades from the high grade gold veins. All analyses for the
drill samples from the 2016 program were performed by ALS with sample preparation in Whitehorse, YT
and assaying in North Vancouver, BC. Samples were initially analyzed for gold using method Au-AA24, 50
gram sample fire assayed for gold. Over limits (>10 g/t gold) and any other samples within a mineralized
interval and >0.5 g/t gold were analyzed by Screen Metallics Gold. The Screen Metallics Gold (Au-
SCR21) procedure collects a two kilogram splits from each drill sample and were analyzed for gold. The
two kilogram pulp is passed through a 150 mesh screen and material remaining on the screen is
analyzed in its entirety by fire assay with gravimetric finish. The undersize material is homogenized and
analyzed by fire assay with AAS finish.
No field-split samples were submitted and samples consisted entirely of whole interval cuttings. Quality
control and assurance consisted of 10% laboratory duplicates and blanks. No standard reference
materials were analyzed in conjunction with the drill samples.
The technical content of this news release has been reviewed and approved by Mike Burke, P. Geo, a
Qualified Person as defined by National Instrument 43-101 and Chief Geologist for the Company.
Golden Predator Mining Corp.
Golden Predator Mining Corp., a Canadian gold mineral exploration company, is focused on advancing
its high grade 3 Aces Project and the Brewery Creek project, a past producing heap leach gold operation
in Canada's Yukon.
For additional information:
Janet Lee- Sheriff
Chief Executive Officer
(214)304-9552
info@goldenpredator.com
www.goldenpredator.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange) accepts
responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulat
--->ory authority has approved
or disapproved the information contained herein. This press release contains forward-looking information that involve
--->various risks and
uncertainties regarding future events. Such forward-looking information can include without limitation statements base
--->d on current
expectations that the private placement will complete as described herein, that the Project will advance through permi
--->tting and feasibility.
Actual results and future events could differ materially from those anticipated in such information. These and all sub
--->sequent written and oral
forward-looking information are based on estimates and opinions of management on the dates they are made and are expre
--->ssly qualified in
their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking
--->information should
circumstances or management's estimates or opinions change.
File: GPYNR16-18 3 Aces Drill Results FINAL.docx
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