GPY

Golden Predator is advancing the past-producing Brewery Creek Gold Mine towards a resumption of mining activities, under its Quartz Mining and Water Licenses, in Canada’s Yukon. With established resources grading ~ 1.0 g/t Gold and low capex to production in a safe first world jurisdiction, the turnkey Brewery Creek Mine is proving a path to production. Drilling continues to expand the numerous open ended resources and untested targets across the 180 km² brownfield property.

Corporate Overview

Advancing the Brewery Creek Mine Towards Production (1)

• Significant infrastructure & mining licenses in place, permitted for a timely restart in a first World jurisdiction
  
• Restart Study near completion of the feasibility of reprocessing the existing heap leach run of mine material
• Fully integrated feasibility level mine planning study underway
• 2020 Mineral Resource Estimate update near completion to replace 2019 Mineral Resource Estimate:

(1) Any production decision would be based on a study demonstrating technical and economic viability.
(2) NI 43-101 Technical Report “NI 43-101 Technical Report on Resources, Brewery Creek Project, Yukon, Canada” Effective Date of October 1, 2019.

Projects

The Brewery Creek Project is a past producing heap leach gold mining operation, operated from 1996 to 2002, temporarily closed due to low gold prices. The 180 km² property is accessible by road 55 km east of Dawson City, Yukon. Brewery Creek has NI 43-101 Indicated mineral resources of 765,000 oxide gold ounces contained in 21.14 million tonnes of material with an average grade of 1.13 g/t, and Inferred mineral resources of 440,000 oxide gold ounces contained in 14.12 million tonnes with an average grade of 0.97 g/t.¹ The Brewery Creek Project has a Socio Economic Accord with the Tr’ondek Hwech’in.

The wholly-owned subsidiary, the Yukon Mint™, is focused on creating gold coins that will be Yukon in almost every aspect, from raw material to design. The Yukon Mint™ works to ensure local communities benefit from Yukon mining and exploration projects.

The Company holds a 20% equity ownership position in Group 11 Technologies Inc., a U.S. based technology firm focused on non-invasive extraction technology utilizing environmentally friendly liquids to recover gold and other metals. Additionally, the Company holds an approximate 32% interest in Taku Gold Corp. (CSE: TAK), one of the largest landholders within Yukon’s emerging White Gold district, and 300,000 shares in Seabridge Gold (TSX: SEA). Seabridge Gold is advancing the KSM asset, one of the largest undeveloped gold and copper assets in the world.

The Company also holds non-core assets available for sale or option including the Grew Creek, Gold Dome and Marg projects. The Marg project has a 2013 NI 43-101 Indicated Resource of 3.96 million tonnes of 1.57% copper, 1.92% lead, 3.90% zinc, 49.40 g/t silver, and 0.79 g/t gold and an Inferred Resource of 7.78 million tonnes of 1.12% copper, 1.36% lead, 2.89% zinc, 34.88 g/t silver, and 0.52 g/t gold filed on SEDAR (Burgoyne, 2011).