Blair M. Shilleto Named to Golden Predator Board of Directors

VANCOUVER, January 12, 2011 - Golden Predator Corp. (TSX: GPD) ("Golden Predator" or the "Company") is
pleased to announce the appointment of Blair M. Shilleto to the Company's
Board of Directors.

"I am extremely pleased that Blair has joined our Board, his leadership
in advancing projects in the mining industry across North America, and in
particular the North, will obviously serve our company well as we advance our
assets towards eventual production," said William M. Sheriff, Chairman & CEO.
"We welcome his values and commitment to the responsible development of the
Yukon's resources."

Mr. Blair M. Shilleto, Director

Mr. Shilleto has been involved in the mining, tunnelling and construction
industry throughout North America since 1976 when he began his career working
for the United Keno Hill Mine in Yukon, Canada. His training began with
instruction in, and then continued with the practical application of all
aspects of tunnel/mine development. Mr. Shilleto formed and led his own
tunnel/mine contract company in a joint venture capacity, setting up projects
in logistically challenging environments, including British Columbia, the
Northwest Territories and Alaska. Completed projects include highway rock
cuts, select speciality excavations, hydro-electric, gas tunnels and mine
development from green-fields to production. Mr. Shilleto has managed
projects for notable clients such as Cameco Corporation, Canamax Resources
Inc., Cordilleran Engineering Limited, Geddes Resources Ltd., Minnova Inc,
Peter Kiewit & Sons', Inc., Westmin Resources Ltd., Whitewater Engineering
Corporation and United Keno Hill Mines Limited.

Mr. Shilleto is self-employed and since 2006 has acted as a consultant to
the mining contract and exploration industry as well as an advisor to the
resource investment sector for Swiss-based resource asset managers. He was
raised in Mayo, Yukon, now resides in Switzerland, and is a member of the
Na-cho Nyak Dun First Nation.

About Golden Predator Corp.

Golden Predator Corp.'s corporate mandate is to be the leading gold
property explorer and developer in Yukon, Canada. The Company has an
extensive Yukon property position with three advanced gold projects and a
pipeline of 6 prospects as well as an extensive exploration landholding
comprising approximately 1,800 km(2). Winter drilling will commence during
February 2011 on Grew Creek and Brewery Creek. In 2011, the Company will
continue aggressive drill programs and work towards completing initial 43-101
resources for Grew Creek and Clear Creek and updating the existing 43-101
resource for Brewery Creek.

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.

For further information: Golden Predator Corp., Investor Relations,
+1(604)648-GOLD (4653)

For further information: Golden Predator Corp., Investor Relations, +1(604)648-GOLD (4653)