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Golden Predator files formal notice to restart Brewery Creek

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Gold Predator said today it is formally asking the Yukon Government to move the Brewery Creek Mine into the production phase from temporary closure status. "The notice formally advises Yukon of the commencement of development/production activities on the Brewery Creek site and has been accepted by Yukon," said the company in a news release. "The company now has all the necessary licenses, permits and authorizations to commence mineral development activities and mineral production activities as permitted in the Quartz Mining License and Water License. The Brewery Creek Mine, in Canada’s Yukon, is a fully licensed past producing gold mine with existing infrastructure and established resources allowing for a timely restart of mining activities," the new release said. Last month the company received its water and quartz mining license. Golden Predator described the Brewery Creek Project as a brownfields heap leach gold mining operation. The 2014 Preliminary Economic Assessment resource estimation showed an indicated oxide resource of 577,000 troy ounces of gold in 14.2 million tonnes averaging 1.27 g/t gold and an inferred oxide resources of 279,000 troy ounces of gold in 9.3 million tonnes averaging 0.93 g/t gold.
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