New Discovery At Brewery Creek Project

VANCOUVER – Golden Predator Corp. reported results from the initial 12 reverse circulation drill holes on the newly discovered Lone Star Zone at its Brewery Creek Project located near Dawson City, Yukon. Significant mineralization was encountered in 11 of the 12 holes.  The Lone Star Zone is located approximately 2 km to the southeast from the Classic Zone.  Both Zones display similar style mineralization in a multi-phased syentic intrusive with significant occurrences of sheeted veins. The bulk tonnage potential of this oxidized, near-surface mineralization is of significant interest to the company.

"The Lone Star discovery continues to illustrate the large, untested potential of the Brewery Creek Project. This initial drilling, along with the previously identified Classic Zone, give us known mineralization for more than 6 kilometers along the strike of the post mineral Classic Fault with mineralization remaining unconstrained by drilling," said William M. Sheriff, Chairman and CEO. "This discovery builds on the four discoveries of 2011 as we continue to achieve remarkable success in our drilling, and advance the resource at Brewery Creek.  With our recent financing secured, we are focused on milestones in the coming months including metallurgical column testing, additional drill results, and a newly updated resource estimate by year end as we continue to advance towards our production goal of 2014. "

Significant results include: BCRC12-2519 with 32.0 m of 0.81 g/t gold from a depth of 172.2 m; BCRC12-2522 with 157.0 m of 0.27 g/t gold from a depth of 44.2 m; BCRC12-2523 with 10.7 m of 1.14 g/t gold from a depth of 25.9 m, and 21.3 m of 2.24 g/t gold from 166.1 m; BCRC 12-2528 with 27.4 m of 1.24 g/t gold from a depth of 1.5 m; BCRC12-2529 with 93.0 m of 0.27 g/t gold from surface.

The Lone Star Zone lies approximately five km south of the main Reserve Trend, and confirms the potential to open the entire southern portion of the large Brewery Creek Project to further exploration and discovery. Based on the encouraging results at Lone Star, the Company has recently added a second diamond drill to the Project and is currently working on defining the Lone Star Zone and expanding the Classic resource.