Golden Predator Drilling Pays Off

Yesterday, Golden Predator CEO Bill Sheriff held a conference call (details on playback can be found here) to discuss the results of the winter drill program at the company’s Brewery Creek project. The project is currently joint-ventured with Alexco Resources. GPD has a 75% earn-in option with Alexco on the property with plans on achieving this milestone later in 2011. The purpose of the call was to discuss the significance of the drill program and set the stage for the company’s plans in the Yukon for the remainder of 2011. The pyramid below shows the priority that the company is placing on each of its several projects this year.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]