Golden Predator Intercepts 1.72 g/t Gold over 146.3 m  

VANCOUVER, BC - Golden Predator Corp. reported results from its initial drill program at the Carlos Zone of its road-accessible Grew Creek project in the Yukon. Three oriented core holes were drilled in order to determine the structural orientations of mineralized veins on the project and better evaluate the mineralization reported from historic drilling in the area. All three holes intersected significant mineralization including 1.72 g/t Au over 146.3 m in hole GC10-001.Hole GC10-002 returned 1.21 g/t Au over 132.18 m and 31.75 m grading 2.08 g/t Au and bottomed in mineralization. Hole GC10-003 encountered 60.85 m of 1.93 g/t Au and 8.5 m of 1.89 g/t Au. Highlights of the drill results are shown in the table below. Silver assays are pending.

"I am obviously excited by the consistency of the mineralization we have encountered at Grew Creek, and am pleased to place Grew Creek beside Clear Creek as our premier advance projects for 2011. We are anticipating significant progress towards resource calculations on both Grew Creek and Clear Creek next year, as well as expansion of the existing resource at Brewery Creek" said William M. Sheriff, Chairman and CEO."Furthermore, I am very proud of our accomplished technical team which identified this opportunity and engineered a very successful drill program based solely on new structural interpretations." The Company's 2010 test drill program at Grew Creek consisted of three HQ diameter oriented core drill holes totaling 710.18 m in the Carlos Zone. The Grew Creek project is located 32 km southwest of Faro, Yukon. The property's 72 km2 encompasses 363 claims, extending along both sides of the Robert Campbell Highway for approximately 27 km. The Carlos Zone lies approximately 900 m off of the highway, and power lines traverse the project area. Earlier this year the Company's geologists analyzed the structural orientations of mineralized veins exposed on the discovery outcrop and in available core from historic drilling and concluded that previous drilling on the project had not been optimally oriented . Historic drilling in the Carlos Zone was aligned almost exclusively in a south-southwesterly direction (azimuth 198í), targeting a Tintina Fault splay which trends west-northwesterly (azimuth 295í). The results of Golden Predator's three test holes support the conclusion reached by its geological team and show that while the envelope of mineralization aligns along a west-northwesterly splay of the Tintina fault (azimuth 295í) it occurs in veins and veinlets filling a conjugate fracture set that lies strongly oblique (25í to 85í) to the main trend. These mineralized veins had not been targeted in historic drilling. The company's address is 11th floor, 888 Dunsmuir Street, Vancouver, BC V6C 3K4, 604-648-4653, fax: 604-642-0604, email: [email protected].