Golden Predator intersects gold mineralization at Modoc property

Golden Predator Mines Inc. has intersected gold-bearing quartz stockwork mineralization including 70 ft of 0.86 ppm (0.025 opt) Au from 485 ft depth, including 20 ft of 2.6 ppm (0.076 opt) Au in drill hole NMD-001 at its Modoc Property in the Battle Mt. mining district of Lander Co., Nevada.

Five reverse circulation drill holes, totalling 5,140 feet, were drilled as offsets to gold mineralization intersected by previous operators in the Modoc project area located immediately adjacent to Newmont’s Phoenix-Fortitude project area.

Work to date, including 12,000 feet of drilling from previous operators, outlines a 1,500 ft x 300 ft zone of mineralization following an ENE trend along the northern and northwest margin of an intrusion, and is open in all directions.

The zone described above is drill tested for approximately 1,500 of the strike length, with the identified zone going under alluvial cover to the west and has potential to be extended to the east as indicated by several +0.5ppm surface rock chips.

In addition to the assay intervals stated above, the best interval from historic drilling returned 180 ft of 0.31ppm (0.009 opt) Au from 250′ depth in drill hole MO-1.

The single highest grade assay from drilling on the property is 5.95ppm Au over 5 ft from 450′ depth in hole NMD_001.

Assaying is performed at ALS Chemex Laboratories of Reno, Nevada. Samples received by the lab are crushed to 70% less than 2 mm. A sample split is then taken and pulverized to 85% less than 75 microns. Au is then analyzed by fire assay with an AAS finish using a nominal 30 g sample weight.

The relationship of the above assay intervals to true thickness is uncertain at present. This is due to limited drilling in this area and the complexity of the quartz stockwork distribution.