Golden Predator Mining Corp. reported assay results for the first 13 holes of a total of 54 holes completed in the winter 2016 drill program at the 3 Aces Project in southeastern Yukon. Drilling has demonstrated an extension of high grade gold at the Ace of Spades zone, as well as the exciting discovery of a blind vein and the occurrence of significant assay values in stockwork zones. Significant results reported at true width include: Hole 3A16-RC-032 intersected 7.54 m of 32.86 g/t gold from a depth of 16.76 m, including 0.54 m of 252.00 g/t gold; and a new blind vein at a depth of 71.63 m returned 3.23 m of 10.04 g/t gold (hole ended in mineralization); Hole 3A16-DD-036 intersected 3.12 m of 13.18 g/t gold from a depth of 10.57 m, including 1.25 m of 26.70 g/t gold; Hole 3A16-RC-042 intersected 6.75 m of 25.61 g/t gold from a depth of 17.53 m, including 0.75 m of 146.50 g/t gold; and Hole 3A16-DD-043 intersected 6.91 m of 14.73 g/t gold from a depth of 15.24 m, including 2.76 m of 26.67 g/t gold. Drilling in the two deepest holes also intersected near surface, lower grade stockwork gold mineralization, previously unknown on the property. Hole 3A16-RC-032 encountered 6.81 g/t gold across a drilled thickness of 59.44 m from a depth of 16.76 m to the end of the hole with no cut-off; including 29.72 m of 12.07 g/t gold. Similar mineralization was encountered in hole 3A16-DD-043 with 7.45 g/t gold across a drilled thickness of 16.05 m from 15.24 m to 31.29 m. The hole was not sampled below 31.29 m due to poor or no core recovery. The company completed 54 holes during winter 2016 drill program for a total of 4,315 m, which included 3,776 m of reverse circulation drilling utilizing a larger 5.5 inch center face-return hammer drill bit and 539 m of PQ-size (3.35 inch) diamond core drilling. Fifty-two of the 54 drill holes reached their targeted depths. Drilling commenced in the Spades Zone before testing several previously undrilled targets in the Clubs Zone and conducting step-out and infill drilling at the Hearts Zone. Drilling at the Spades Zone included 13 holes at the Ace of Spades, designed to establish, test, refine, and optimize drilling and sampling procedures in an area of known mineralization and begin to extend the known mineralization down dip. The Aces of Spades vein remains open along strike and down dip. A 20,000 meter drilling program is planned to commence in February 2017 and will initially focus on the Spades Zone then will expand to other areas of the property. Drilling in the Spades Zone is intended to test targets including the depth and strike extensions of the Ace of Spades vein, deeper stockwork mineralization, and commence initial drilling at the Jack, Queen, Seven and Three of Spades. As the Clubs and Hearts Zone elevations are 350 to 500 m above the Spades Zone, and experience heavier snow conditions, follow up drilling is expected to commence in the third quarter of 2017.