June 21, 2011 Posted By: admin
VANCOUVER, Jun 21, 2011, 2011 -- Golden Predator Corp. (TSX: GPD) (the "Company") is pleased to announce the results of an additional six core holes from its winter 2011 drill program at the Carlos Zone, Grew Creek Project, Yukon. All of these holes have intersected significant mineralization including 46.7m of 3.78 g/t Gold beginning at a depth of 130.4 m in core hole GC11-276 and 47.3m of 1.02 g/t Gold from a depth of 47m in core hole GC11-275. Drilling results received to date continue to confirm the position and orientation of veins and high-grade stockwork zones modeled from historic drill data. These new data fill gaps within the historic drill pattern and extend the known mineralized zones along strike and down dip. The Company is looking forward to receiving the results from the final 5 core holes from the 20-hole winter 2011 program which was completed last month. The drill spacing achieved during this drilling campaign will provide the data necessary to calculate an indicated resource, which the Company is working to complete later this year. ___________________________________________________ |Winter 2011 Diamond Drill Holes at Grew Creek, YT | | Significant Intercepts ((1),) ((2)) | |___________________________________________________| |Drill Hole|From | To |Interval | Gold | | | (m) | (m) | (m) | (g/t) | |__________|_____|_____|_________|__________________| | GC11-273 |175.3|181.4| 6.1 | 0.51 | |__________|_____|_____|_________|__________________| | | | | | | |__________|_____|_____|_________|__________________| | GC11-274 |68.0 |77.7 | 9.7 | 0.69 | |__________|_____|_____|_________|__________________| | and |116.0|128.0| 12.0 | 0.51 | |__________|_____|_____|_________|__________________| | and |150.0|152.0| 2.0 | 1.28 | |__________|_____|_____|_________|__________________| | | | | | | |__________|_____|_____|_________|__________________| | GC11-275 |47.7 |95.0 | 47.3 | 1.00 | |__________|_____|_____|_________|__________________| | and |103.1|113.1| 10.0 | 3.41 | |__________|_____|_____|_________|__________________| | and |119.1|121.1| 2.0 | 2.84 | |__________|_____|_____|_________|__________________| | | | | | | |__________|_____|_____|_________|__________________| | GC11-276 |130.4|177.1| 46.7 | 3.78 | |__________|_____|_____|_________|__________________| |including |130.4|141.2| 10.8 | 11.29 | |__________|_____|_____|_________|__________________| | and |149.2|153.2| 4.0 | 4.16 | |__________|_____|_____|_________|__________________| | and |159.2|169.1| 9.9 | 2.47 | |__________|_____|_____|_________|__________________| | | | | | | |__________|_____|_____|_________|__________________| | GC11-277 |140.5|146.5| 6.0 | 0.57 | |__________|_____|_____|_________|__________________| | | | | | | |__________|_____|_____|_________|__________________| | GC11-278 |114.2|122.2| 8.0 | 0.84 | |__________|_____|_____|_________|__________________| | and |142.2|152.2| 10.0 | 3.20 | |__________|_____|_____|_________|__________________| (1) Results where g/t x m is less than 2.5 are not reported in this table, unless the individual grade was ≥ 1 g/t gold over a minimum of 2.0 metres. Other intervals require ≥0.5 g/t gold to be included. (2)grams per tonne (g/t) to troy ounces per short ton: g/t divided by 34.2857 or multiply by .0292 meters to feet: 1 m equals 3.28084 ft. Sampling Methodology, Quality Control and Assurance Samples were fire assayed by ALS Chemex in Vancouver. Refer to the Company's news release dated May 26, 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 Bruce R. Otto, MSc, PGeo, CPG, the Company's Senior Structural Geologist and a Qualified Person as defined by National Instrument 43-101. About Golden Predator Corp. Golden Predator Corp., a well-funded exploration and development company, has a mandate to be the leading gold property explorer and developer in Yukon, Canada. Golden Predator has a vast Yukon property position with three advanced gold projects, 6 pipeline prospects as well as exploration landholdings comprising over 2,300 km(2). Drilling continues at the Company's flagship Brewery Creek project and at Grew Creek, and has begun at Clear Creek. Golden Predator will work towards completing initial resource estimates for Grew Creek and Clear Creek and updating the existing resource estimate for Brewery Creek, in addition to conducting initial drilling at the recently acquired Harlan project. For additional information: Golden Predator Corp. Investor Relations (604) 648-GOLD (4653) firstname.lastname@example.org www.goldenpredator.com 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. Visit Golden Predator Corp. Website: www.goldenpredator.com The Information in a Stockhouse Publishing Ltd. Stockhouse News Blast is A PAID ADVERTISEMENT and is for the viewers information only. Golden Predator Corp. has paid a fee not exceeding $2500.00 in cash or stock to have their corporate information featured. The corporate information is purely and solely the responsibility of Golden Predator Corp. and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offerto buy or sell securities, but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so in consultation with their registered securities advisers.
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