Golden Predator Mining Corp. July 26 reported that a 2,500-meter drill program is underway in the Sprogge area of the company's 3 Aces gold project in southeastern Yukon.

Sprogge, situated immediately southeast of the original 3 Aces property, was acquired by Golden Predator late in 2017.

The Sprogge property blankets favorable structural-stratigraphic contacts similar to those that host the high-grade gold occurrences Golden Predator has outlined in the core zone at 3 Aces. The company said these contacts can be traced 8,000 meters southeast from the 3 Aces core zone onto the Sprogge property.

Overall, these structural-stratigraphic contacts are projected to extend from Sprogge, through 3 Aces and northwest to the Reef and Hy-Jay gold occurrences, a span of roughly 35 kilometers (22 miles) covered by Golden Predator's land package.

"We are increasingly confident that we understand the gold deposition at 3 Aces and that the primary structural control in our model accounts for the most important gold occurrences on 3 Aces over a distance of more than 30 kilometers (19 miles)," said Golden Predator Chairman William Sheriff.

A 3,682-meter winter drill program tested the company's structural model with wide-spaced holes to test the continuity along favorable stratigraphic-structural contacts within the 3 Aces core zone.

Golden Predator Mining Corp.

Extensive quartz veining was encountered in 12 of the 15 holes drilled during the program, with significant gold reported in seven. The best hole, 3A18-309, cut 2.5 meters of 13.93 grams per metric ton gold from a depth of 87.5 meters.

With the winter program confirming the model, Golden Predator is now targeting a 2,000-meter stretch of the primary structural control at Sprogge.

Previous surface sampling of the primary structural zone at Sprogge returned 25 quartz outcrop samples ranging from 5.73 to 46.49 g/t gold along 2,000 meters. This exposed primary structural control lies along the eastern edge of an extensive gold-in-soil anomaly.

–SHANE LASLEY