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Golden Predator builds property position in Selwyn Basin, Yukon

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Canadian gold explorer Golden Predator Corp. (TSE:GPD) said Thursday that it has staked several additional assets in the Yukon's Selwyn Basin, increasing the company's total footprint in the area to 7,805 quartz claims.

The Selwyn Basin is a new emerging gold district in the Yukon. The company's 7,805 quartz claims in this area cover large pieces of land that have been identified as prospective, based on regional geochemical survey data from the Yukon government, as well as general observations on the geological and structural controls of the mineralization in the district, Golden Predator said.

Specifically, the survey data indicated areas with anomalous concentrations of one or more of gold, arsenic, mercury and antimony.

In the Yukon, the company holds a total 11,000 quartz claims, covering more than 2,300 square kilometres.

This year, Golden Predator plans to continue aggressive drill programs and work towards completing initial resource estimates for its Grew Creek and Clear Creek properties, and updating the existing resource estimate for Brewery Creek.


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