Golden Predator has reported the last five core hole results from the 2011 winter drill program conducted at the Carlos Zone of Grew Creek Project in Yukon.
The company has intercepted the four of the five drill holes and cut 2.02 g/t gold over 92.0 m in the core hole GC11-281, 1.68 g/t gold over 104.2 m in the hole GC11-283 and 1.33 g/t gold over 104.0 m in the core hole GC11-279.
Currently, the company has announced all the results from the winter core drilling program, which is performed at Grew Creek and this program includes 20 holes, totaling 4,317 m in the Carlos zone. A drill pattern is completed by these holes with 25 m as average spacing, to assist the NI 43-101 compliant resource calculation, which was recently commissioned. Moreover, the drilling results will support the present analysis of the structural controls on gold mineralization. This information expands the identified mineralized trends that are down dip, along both the strike directions and through the area where previous drilling was very less. The deposit stays open at depth and cuts off along the strike. The next exploration phase has been started at the company’s Grew Creek project and this exploration comprises property-wide reverse-circulation drilling, geological mapping, and geophysical surveys of well-known altered regions on the strike with the Carlos zone expected structural offsets
The location of the Grew Creek project is 32 km southwest of Faro in Yukon. The area of the property is 72 km2 including 363 quartz claims, which extends along the sides of the Robert Campbell Highway for around 27 km with power lines crossing the area of the project.