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52 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 7 NEW diSCOvEriES Golden Predator MininG discovers new Yukon Gold veins Golden Predator Mining Corp. [GPY- TSXV; NTGSF-OTCQX] announced that additional gold-bearing veins have been discovered during the on-going explo- ration program in the Clubs Area at the 100%-owned 3 Aces Project in south- eastern Yukon, Canada. On November 2, the company reported the following gold discoveries: • The Queen of Clubs vein, approximately 1,900 metres northeast of the Ace of Spades, including 67.1, 91.1, and 111.0 g/t gold from channel and composite grab samples; • The Nine of Clubs vein, approximately 380 metres southeast of the Queen of Clubs, with 26.2 g/t gold from a composite grab sample; and • Clubs Prospect Pit with 24.6 g/t gold from a composite grab sample located 350 metres south of the Queen of Clubs. On November 20, Golden Predator announced more gold discoveries: • Seven of Spades – newly discovered zone with stacked flat-lying quartz veins returning values up to 18.55 g/t gold; • Queen of Spades – newly discovered zone with values up to 30.8 g/t gold; • Jack of Spades – additional results from continuous panel sampling of a second higher bench returned 20 m of 7.62 g/t gold including 11.7 g/t gold over 12.4 metres and 37.9 g/t gold over 1.7 metres; • Three of Spades – additional assays have increased strike length of vein with returns including 6.95 g/t gold. "Our team successfully implemented an exploration strategy for vein identifi- cation based on comprehensive trenching and sampling across the underexplored 3 Aces Project. The high-grade, near-surface results are encouraging and we look for- ward to drill testing our new targets and receiving the remainder of our sampling results," said Janet Lee-Sheriff, CEO. Trenching and sampling began August 1, 2016 and was targeted in areas of high gold-in-soil anomalies, and along new or existing road cuts. These recently iden- tified and sampled veins are targeted for drilling during the drilling program underway. Over 800 grab, chip, channel and panels samples were collected. Golden Predator also has a 100% interest in the past-producing, open pit Brewery Creek gold mine 55 km east of Dawson City, Yukon where a positive PEA has been prepared. BalMoral and Gta exPand northshore Gold zone Balmoral Resources Ltd. [BAR-TSX; BALMF-OTCQX] has received, from joint venture partner GTA Resources and Mining Inc. [GTA-TSXV], the results from 15 shallow drill holes from the second and final phase of the summer 2016 drill pro- gram on the Northshore property located in the Hemlo-Schreiber Greenstone Belt near Schreiber, northwestern Ontario. The prop- erty, situated along the north shore of Lake Superior, is 4 km south of, and road acces- sible from, the Trans-Canada Highway. The phase two drilling program was designed to both expand in the near- surface and more clearly define the outer margins of the Afric gold zone. It appears to have successfully extended the zone in several areas. In addition, drilling contin- ues to intersect high-grade, commonly visible, gold-bearing, quartz vein-hosted mineralization within the core of the broader zone. The current phase of drilling returned near-surface intercepts of 27.90 g/t gold and 25.80 g/t gold, each over 1 metre downhole intervals, in holes A-16-20 and A-16-29, respectively. Two holes were drilled during this phase of the program to determine the con- tinuity of the Gino vein system, initially discovered in 2013. The Gino vein system is located north of the Afric gold zone and proximal to the former producing North Shore gold mine. Both holes appear to have successfully intersected the Gino vein, with an intercept of 6.13 g/t gold over 1.0 metre in G-16-02 indicating the system remains open to the east and down dip. Other highlights include 2.84 g/t gold over 14.50 metres, including 27.90 g/t gold over 1.0 metre; 2.82 g/t gold over 16.0 metres, including 25.80 g/t gold over 1.0 metre. There is an historical near surface geological resource on the Northshore property of 2.0 million tonnes grading 2.20 g/t gold for an in-situ resource of 135,000 ounces of gold in the Afric Zone. There are six known zones of gold miner- alization, including one former producing system – all remaining open to depth. Night time diamond drilling at the Clubs area of Golden predator's 225 km2 3 aces gold project located in southeastern Yukon territory where new, high-grade gold vein have been discovered. photo by anatole tuzlak.