Golden Predator Intercepts 1.72 g/t Gold Over 146.3 m From Carlos Zone, Grew Creek Property, Yukon

By Golden Predator Corp., PRNE
Sunday, October 24, 2010

VANCOUVER, October 25, 2010 - Golden Predator Corp. (TSX: GPD) (the "Company") is pleased to announce
results from its initial drill program at the Carlos Zone of its
road-accessible Grew Creek project. Three oriented core holes were drilled in
order to determine the structural orientations of mineralized veins on the
project and better evaluate the mineralization reported from historic
drilling in the area. All three holes intersected significant mineralization
including 1.72 g/t Au over 146.3 m in hole GC10-001. Hole GC10-002 returned
1.21 g/t Au over 132.18 m and 31.75 m grading 2.08 g/t Au and bottomed in
mineralization. Hole GC10-003 encountered 60.85 m of 1.93 g/t Au and 8.5 m of
1.89 g/t Au. Highlights of the drill results are shown in the table below.
Silver assays are pending.

"I am obviously excited by the consistency of the mineralization we have
encountered at Grew Creek, and am pleased to place Grew Creek beside Clear
as our premier advance projects for 2011. We are anticipating
significant progress towards resource calculations on both Grew Creek and
Clear Creek next year, as well as expansion of the existing resource at
Brewery Creek" said William M. Sheriff, Chairman and CEO. "Furthermore, I am
very proud of our accomplished technical team which identified this
opportunity and engineered a very successful drill program based solely on
new structural interpretations."

Grew Creek

The Company's 2010 test drill program at Grew Creek consisted of three HQ
diameter oriented core drill holes totaling 710.18 m in the Carlos Zone. The
Grew Creek project is located 32 km southwest of Faro, Yukon. The property's
72 km2 encompasses 363 claims, extending along both sides of the Robert
Campbell Highway for approximately 27 km. The Carlos Zone lies approximately
900 m off of the highway, and power lines traverse the project area.

Earlier this year the Company's geologists analyzed the structural
orientations of mineralized veins exposed on the discovery outcrop and in
available core from historic drilling and concluded that previous drilling on
the project had not been optimally oriented . Historic drilling in the Carlos
Zone was aligned almost exclusively in a south-southwesterly direction
(azimuth 198degrees), targeting a Tintina Fault splay which trends
west-northwesterly (azimuth 295degrees). The results of Golden Predator's
three test holes support the conclusion reached by its geological team and
show that while the envelope of mineralization aligns along a
west-northwesterly splay of the Tintina fault (azimuth 295degrees) it occurs
in veins and veinlets filling a conjugate fracture set that lies strongly
oblique (25degrees to 85degrees) to the main trend. These mineralized veins
had not been targeted in historic drilling.

Technically, compressional strike slip movement along the Tintina Fault
created a stress regime that allowed the development of open space along
Riedel fractures oriented at azimuth 320degrees and antithetic fractures at
azimuth 020degrees. The Company's 2010 drill program has established a
preferred orientation for future drilling of approximately azimuth

The Company is rapidly advancing a comprehensive three-dimensional model
from which an extensive drilling program is anticipated to commence in
February, 2011. The accessibility and infrastructure available at Grew Creek
support year round operations and enables the Company to pursue a major drill
program throughout the winter months of 2011 and continuing into the
traditional field season. The Company's work plan is being designed with the
goal of establishing a resource calculation as soon as possible.

         2010 Drill Hole Highlights from the Carlos Zone, Grew Creek
                                 Project, YT
                    Select Significant Intercepts (1), (2)
    Drill Hole      From (m)            To (m) Interval (m)             Au
    GC10-001            0.00             40.00        40.00     overburden
    GC10-001           40.00            186.30       146.30           1.72
    including          65.53             68.58         3.05          17.93
    and                77.72            109.95        32.23           2.80
    and               170.58            186.30        15.72           2.90

    GC10-002            0.00             37.90        37.90     overburden
    GC10-002           39.32            171.50       132.18           1.21
    including         100.55            136.06        35.51           2.19
    GC10-002          196.85     228.60-EOH(3)        31.75           2.08
    including         226.74     228.60-EOH(3)         1.86           9.25

    GC10-003            0.00             52.80        52.80     overburden
    GC10-003           60.55            121.40        60.85           1.93
    including          62.32            104.85        42.53           2.53
    including          62.32             70.10         7.78           7.65
    GC10-003          159.86            168.36         8.50           1.89

(1) Results where g/t x m is less than 2.5 are not reported in this
table, unless the individual grade was greater than or equal to 1 g/t gold
over a minimum of 1.0 m. Other intervals require greater than or equal to
0.7 g/t Au to be included.

(2) Conversions: grams per tonne (g/t) to troy ounces per short ton - g/t
divided by 34.2857 or multiply by 0.0292; meters to feet: 1 m equals 3.28084

(3) "EOH" indicates end of hole; note mineralization continued to end of

A detailed plan map including drill holes and a schematic showing
structural orientation of mineralization and model of mineralization is
available for viewing at the Company's website

Release of results from Golden Predator's other drilling projects will
continue as assays are received. Current-year drilling is complete at
Antimony, Clear Creek Cynthia, Grew Creek and Gold Dome; the Company's
Brewery Creek program is still underway.

Sampling Methodology, Quality Control and Assurance

The diamond drill holes were drilled by skid mounted drills utilizing HQ
core size (6.4 cm/2.5). Core is cut or split and one half is sent to the lab
for analysis and the other half retained on site.

Samples were sent to ALS Mineral's prep lab in Whitehorse and then
forwarded to one of their ISO 9001 certified preparation facility in Terrace
or Vancouver. The pulps were analyzed at ALS Mineral's ISO 9001 certified
laboratory in Vancouver. Approximately 5% of the pulps are sent for secondary
check assays at Stewart Group's Eco Tech laboratory in Kamloops, B.C. Blanks,
commercial standards and duplicate samples were included in each batch. To
determine Au levels at the ppb level detection limit of 5-10,000 ppb (5-1000
ppb at Stewart Group) 30 g samples are fire assayed then digested in aqua
regia solution and analyzed by atomic absorption. At Eco Tech, values over
1,000 ppb are re-assayed by fire assay, digested with aqua regia and then
re-analyzed by an atomic absorption instrument (detection limit 0.03 g/t). At
ALS Minerals, values over 10 g/t Au are re-assayed by fire assay followed by
a gravimetric finish (50 ppb lower detection limit). Additional
check-analyses are being carried out by the lab which did not receive the
original sample.

Other elements, including silver, were analyzed by a 35 elements package
(ME-ICP41) in which the sample is dissolved in an aqua regia acid solution
and then analyzed by ICP-AES (Inductively Coupled Plasma - Atomic Emission
Spectrometry). Ag values over 100 g/t are re-assayed by method Ag-OG46 which
involves digestion in Hydrobromic, Nitric and Hydrochloric acids followed by
analysis by ICP-AES. Ag values over 1,500 g/t are re-assayed by method
Ag-GRA21, a 30 g fire assay with gravimetric finish (5 g/t lower detection

Drilling Sampling Protocol / Chain of Custody/Data Verification

Golden Predator employs high standards of protocol with respect to the
handling and chain of custody of its samples. All sampling is conducted under
the supervision of the Company's project geologist and the chain of custody
from the drill to the sample preparation and logging facility is continually
monitored by the project geologist. Samples are shipped to the lab by
qualified couriers or Company personnel under locked bags with independent
identification lock numbers. Data verification of the analytical results
includes a statistical analysis of the duplicates, standards and blanks that
must pass certain set parameters for acceptance to insure accurate and
verifiable results. All assays are reported as drilled intervals and are not
to be interpreted as true widths, which are undetermined at this time.

The technical content of this news release has been reviewed and approved
by Corwin (Cor) Coe, A.Sc.T., B.Sc., P.Geo., the Company's Vice-President,
Exploration (Canada) and a Qualified Person as defined by National Instrument

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 an industry leading seven advanced
exploration gold projects comprising approximately 1,400 km2. Drill programs
have been initiated on all seven advanced projects and continue at the
Brewery Creek project. Additional results from these programs are pending.

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)

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