VANCOUVER, April 14 /CNW/ - Golden Predator Corp. (TSX: GPD) (the "Company") is pleased to announce that it has staked four separate project areas, Bruin Creek, Browns Creek, California Creek and Swede Dome, comprising a total of 640 quartz claims west-northwest of Dawson City, Yukon. The geological framework for the area is similar to that of the White Gold District and this area may be considered to be the district's northwest extension.
The four new project areas cover the headwaters of known placer gold producing creeks in the historic 40 Mile (Browns Creek, Bruin Creek) and the 60 Mile (California Creek) placer mining districts. Production records in this area are not complete; however all of these creeks are noted by the Yukon Geological Survey's website to have produced placer gold. The Company's 2011 exploration program is planned to include reconnaissance level geochemical soil sampling in conjunction with mapping and geophysics work as required.
White Gold District
The White Gold District is a proven gold district in the Yukon and hosts several gold deposits including the Whitegold (Kinross Gold Corporation) and Coffee (Kaminak Gold Corporation) deposits along with several prolific placer gold creeks including the historic Klondike River.
The technical content of this news release has been reviewed and approved by Gilles Dessureau, M.Sc., P.Geo. Mr. Dessureau is a Senior Geologist with Golden Predator Corp. and a Qualified Person as defined by National Instrument 43-101.
About Golden Predator Corp.
Golden Predator Corp.'s mandate is 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 2,000 km(2). The 2011 winter drilling program has been completed at Brewery Creek and continues at the Grew Creek project. In 2011 Golden Predator will continue aggressive drill programs and work towards completing initial resource estimates for Grew Creek and Clear Creek and updating the existing resource estimate for Brewery Creek including the newly discovered Bohemian Zone, in addition to conducting initial drilling at the recently acquired Harlan project.
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.
SOURCE Golden Predator Corp.
For further information: Golden Predator Corp., Investor Relations, (604) 648-GOLD (4653), firstname.lastname@example.org, www.goldenpredator.com