TSX-V-listed Golden Predator Mining on Monday announced its formal intention to reopen the Brewery Creek mine, in Yukon, with the company set to resume mining and processing of licenced deposits, while it works with the Tr’ondëk Hwëch’in First Nation and government to also include new discoveries made since 2011.
From 1996 to 2002, the mine – then operated by the Viceroy Resource Corporation – produced about 280 000 oz of gold from seven near-surface oxide deposits along the property’s reserve trend. Viceroy closed the mine in 2002, when the gold price was at $300/oz.