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

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 km2, 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.

Golden Predator Corp.

CONTACT:

Golden Predator Corp.

William M. Sheriff

Chairman and CEO (604) 648-GOLD (4653)

info@goldenpredator.com

http://www.goldenpredator.com/