Golden Predator Corp.
Golden Predator Royalty & Development Corp. LEADING THE YUKON'S NEXT GOLD RUSH
GPD IR update
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11/3/2010 2:29:59 PM | | 18 reads | Post #28794975
clarity : 
GPD Investor Relations on a couple of questions I had asked:
1. Possible Yukon activities in the winter
We might plan on doing work on two of our properties in the winter only because we have the infrastructure set up on them. These two properties are Brewery Creek and Grew Creek.
Brewery Creek sits 30 minutes from the Town of Dawson City and has the infrastructure set up with accommodations and a core shack. This was set up by prior operators of the property. (1996-2002 Brewery Creek produced around 278,000 oz AU) we anticipate on doing work in winter and spring so we may be able to have an updated 43-101 report by mid to late spring.
Grew Creek is 900 m. from paved highway and around a 10 minute drive from the Town of Faro, Yukon. We will accommodate our drillers and other staff in the Town of Faro we anticipate work in the new year on this property.
2. Nevada projects update
We don’t anticipate to do any work on our Nevada properties. We are looking to Monetize these assets or JV with a company to do work on these. Our leased out property needs no work done by us. All we do is collect the Royalty from each property. We have currently received $1.5 million in pre-production Royalty payments. These numbers will grow once our leased out properties go into production. We anticipate our Royalty numbers to grow in the next 3-5 years to around $8-12 million a year.
3. Outstanding results
We still have a number of properties that have not released drill results. Cynthia in central east Yukon should be released soon. We still have over half our drill results to be released on Gold Dome. And our Antimony Mountain(Shaun Ryan Project) project has not been released.
1. Possible Yukon activities in the winter
We might plan on doing work on two of our properties in the winter only because we have the infrastructure set up on them. These two properties are Brewery Creek and Grew Creek.
Brewery Creek sits 30 minutes from the Town of Dawson City and has the infrastructure set up with accommodations and a core shack. This was set up by prior operators of the property. (1996-2002 Brewery Creek produced around 278,000 oz AU) we anticipate on doing work in winter and spring so we may be able to have an updated 43-101 report by mid to late spring.
Grew Creek is 900 m. from paved highway and around a 10 minute drive from the Town of Faro, Yukon. We will accommodate our drillers and other staff in the Town of Faro we anticipate work in the new year on this property.
2. Nevada projects update
We don’t anticipate to do any work on our Nevada properties. We are looking to Monetize these assets or JV with a company to do work on these. Our leased out property needs no work done by us. All we do is collect the Royalty from each property. We have currently received $1.5 million in pre-production Royalty payments. These numbers will grow once our leased out properties go into production. We anticipate our Royalty numbers to grow in the next 3-5 years to around $8-12 million a year.
3. Outstanding results
We still have a number of properties that have not released drill results. Cynthia in central east Yukon should be released soon. We still have over half our drill results to be released on Gold Dome. And our Antimony Mountain(Shaun Ryan Project) project has not been released.
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luker
City
Toronto, Ontario
Rank
President
Activity Points
40633
Rating
Your Rating
Date Joined
07/27/2008
Golden Predator Corp.
Symbol
GPY
Exchange
TSX-V
Shares
29.5 mm F.D.
Industry
Metals & Minerals
Website