Golden Predator Mining Corp. announced the results of an updated NI 43-101 Technical Report for the Brewery Creek project in Canada's Yukon. Prepared by Gustavson & Associates, the report estimates that, at a gold price of $1325/oz, Indicated oxide gold resources have increased 55% while Inferred oxide gold resources have increased 78% since the previous resource estimate (2014 PEA). Indicated tonnage rose 89% and Inferred tonnage rose 85% while the Indicated resource grade declined 18% and Inferred oxide grade fell 3%, reflecting the benefit of a higher gold price assumption compared to 2014. The updated estimate incorporates data from drilling through to the end of 2015. The Company completed a subsequent 200 exploration drill holes from 2016 to 2019. A total of 177 of those holes were drilled from August 2019 to November 2019 and assays are still being received and evaluated for a significant number of those holes. The Company has engaged Gustavson & Associates to consider the data from the 2019 drill program as it becomes available, and thereafter update the resource estimate to include those holes. The updated mineral resource estimate was conducted by a single author using a consistent methodology whereas the 2014 mineral resource estimate included the work of three different estimators using three different estimation methods. The new resource model uses a single conceptual pit shell. The material on the heap leach pad is not considered in the technical report and a study is underway to separately assess the economics of reprocessing the heap leach pad material. The updated mineral resource estimate reports an Indicated oxide resource of 21,140,00 Tonnes at 1.125 g/t Gold containing 765,000 ounces, plus an Inferred oxide resource of 14,120,000 Tonnes at 0.967 g/t Gold containing 440,000 ounces. The report also estimates an additional 8,570,000 Tonnes of Inferred sulfide resource at 0.985 g/t Gold containing 270,000 ounces. The estimate utilized cutoff grades calculated separately for each deposit, ranging from 0.42 to 0.53 gpt Au at a gold price of $1325/oz reported within a pit shell calculated at $1,600/oz. Material on the heap leach pad is not included in the Mineral Resource.