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Golden Predator Continues Easterly Extension of Bohemian-Schooner Zone at Brewery Creek Project, Yukon

August 11, 2011

TSX: GPD
www.goldenpredator.com

VANCOUVER, Aug. 11, 2011 /PRNewswire/ – Golden Predator Corp. (TSX: GPD) (the “Company”) is pleased to announce additional drill results from
its ongoing drilling program at its Brewery Creek Project.

Significant results include:

        --  BC 11-242 with 22.5 m of 5.50 g/t gold from a depth of 53.3 m
        --  BC 11-240 with 24.3 m of 1.95 g/t gold from a depth of 45.7 m

A complete table of results, including a more comprehensive geological
discussion and location map can be found on the Company’s website at http://www.goldenpredator.com/documents/GPD-NR11-32-Bohemian-Schooner-Results-Aug-11-FINAL.pdf

All 5 of the holes drilled in the Bohemian-Schooner Zone encountered
significant mineralization including hole BC11-232 which was drilled 700 meters east of the previously
defined mineralized zone and encountered a 4.0 meter intercept of 2.53
g/t gold from a depth of 36.3 m
. This 700 meter step-out and the undrilled area in between the drill
hole and the eastern extent of the mineralized zone will be the focus
of follow up drilling as the Company works to further extend the
Bohemian-Schooner Zone.

Bohemian-Schooner Geology
The Bohemian-Schooner Zone is a strongly mineralized, steeply dipping
structural corridor that strikes east-northeast. The corridor
intersects a lower-angle tabular mineralized zone in strongly altered
quartz monzonite sills. The steeply dipping structural zone lies
approximately 500 m east of the Lucky deposit, the nearest past
producing area, and continues along strike for approximately 1 km, The
Bohemian-Schooner Zone remains open along strike to the east and at
depth.

Sampling Methodology, Quality Control and Assurance
Samples were fire assayed by ALS Chemex in Vancouver. Refer to the
Company’s news release dated March 24, 2011 for a complete discussion
of sampling methods, quality control and assurance.

The technical content of this news release has been reviewed and
approved by Michael Maslowski, BSc, PGeo, the Company’s Vice President,
Exploration (Canada) and a Qualified Person as defined by National
Instrument 43 101.

About Golden Predator Corp.
Golden Predator Corp., Yukon’s Gold Company, is a well-funded exploration company mandated to create a mid-tier gold
producer. Golden Predator’s road-accessible advanced properties include
its flagship Brewery Creek Project on which the Company is moving
aggressively to a near term production decision, as well as its Grew
Creek and Clear Creek Projects. The Company is also currently drilling
its enticing Harlan Project, and is conducting soil and stream sediment
sampling on its extensive Selwyn Basin land package.

Golden Predator boasts a leading land position in Yukon, with
exploration holdings in excess of 4,000 km(2), and is committed to strong relationships with Yukon communities and
First Nations. Golden Predator’s highly skilled management and
technical teams continue to lead aggressive exploration programs in the
underexplored region of the Yukon, driven to bring value to
shareholders and leave a positive legacy in the Yukon.

No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This
press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance. There are
numerous risks and uncertainties that could cause actual results and
Golden Predator’s plans and objectives to differ materially from those
expressed in the forward-looking information. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Golden Predator assumes no
obligation to update forward-looking information should circumstances
or management’s estimates or opinions change.

SOURCE Golden Predator Corp.


Source: newswire



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