Common stock: GPD.TO | GPRXF
Warrants: GPD.WT.TO | GPRXW (Strike price $1.34, expiration Aug. 15, 2011)
Overview
From the web site: Golden Predator's corporate mandate is to establish a self-funded gold exploration company with an immediate focus on exploring for and developing world class gold deposits in the Yukon's Tintina Gold Belt. The Company seeks internal revenue generation from early high grade precious metals production in Nevada augmented by increasing revenues from its royalty portfolio.
In the Yukon, the Company is aggressively exploring Gold Dome, Brewery Creek, and Antimony Mountain in the Tintina Gold Belt. In addition, further advanced exploration & development projects within this prolific Belt are being evaluated for potential acquisition.
In Nevada, Golden Predator is drilling a number of its properties with bonanza-style gold mineralization in 2009 with the intent of identifying one or more properties for near term production of small-tonnage high grade ores. The Company intends, through its strategic use of its Taylor Mill near Ely, Nevada and a facilities use agreement at EMC Metals Corp.'s Springer Facility in Pershing County, Nevada, to become a mid-tier precious metals producer.
Golden Predator is partially self-financed through its passive pre-production royalty stream from a portfolio of properties, yielding approximately $1.2 million during 2009. The Company owns royalties on several known deposits including a portion of the Barrick Bald Mountain property, the Pan deposit of Midway Gold, significant portions of US Gold's Tonkin Springs deposit and Evolving Gold's Rattlesnake project.
Highlights
- Royalty package bringing in $1.2MMCAD in 2009, potential of $10-12MM within 4-5 years
- Nevada small mines division - low tonnage, high grade deposits
- Taylor Mill & Springer Facilities (use agreement, EMC-owned) - near-term mid-tier gold production
- Yukon exploration
--- Brewery Creek Mine - near-term production, mill with water rights and mining license.
--- Gold Dome
--- Antimony Mountain
--- Clear Creek
--- Eureka
--- Grew Creek
--- Cynthia / Rogue
- Silver properties are being combined with assets from Strategic Metals and Rockhaven Resources in a new entity, Silver Predator, where GPD is a major shareholder (02/2010)
Share Structure
Note: Unrestricted cash should read $8.9 MM
Resources
Golden Predator web site
Golden Predator corporate presentation (pdf) - 2010
Golden Predator corporate profile (pdf) - 2010
Bill Sheriff interviews: At Gold Dome (video) - The World Money Show - February 2010 (mp3)
"Treasure Goes Beyond Beauty" - Canadian Mining Journal, January 2010
House Mountain Partners report (47 pages), August 2010
Strategic Energy Research and Capital - initiating coverage
Charts: Weekly, Daily
Golden Predator projects (Google Docs spreadsheet)
Yukon Projects
Yukon project locations
- Brewery Creek: 2009 Drilling - Photo
- Gold Dome: Overview - Property Map - Toby zone geochem
- Antimony Mtn: Golden Wall - Rock and Soil
- Clear Creek: Location Map
- Rogue: Property Map
Nevada Projects
- Adelaide: Drill Collar Location Map - Deposit Schematics - Rock sample - Drilling
- Golden Ridge: Night Crew - Day Crew
- Humboldt:
- Taylor Mine/Mill (under JV option to Silver Predator): Photo
Silver Predator (CNSX: SPD)
Silver Predator web site
Silver Predator - news release announcing formation |
