VANCOUVER, May 21 /CNW/ - Golden Predator Royalty & Development Corp. (TSX:GPD) (the "Company") announces that, effective May 25, 2010, it will be changing its name to "Golden Predator Corp." This change is being made to reflect the Company's mandate of establishing a self-funded gold company focused on Yukon, Canada. The Company's common shares and trading warrants will continue to trade on the TSX under the symbols GPD and GPD.WT.
Corwin Coe, AScT, BSc, PGeo
The Company is also pleased to announce the appointment of Mr. Corwin Coe as Vice President, Exploration (Canada).
Mr. Coe has over 30 years' experience in the minerals industry including 18 years of senior officer experience of public junior mining companies and more than 25 years experience in gold and silver mineral exploration, development and production in North America.
A seasoned Yukon explorationist, Mr. Coe joined the Company in 2010 having most recently served as Vice-President Exploration for Northern Freegold Resources Ltd. During this time he played an integral role in the delineation of a (greater than) 1.0 million ounce gold deposit at its Freegold Mountain property, located within the prolific Tintina Gold Belt in Yukon.
Mr. Coe is a Professional Geologist and Mining Engineering Technologist. He graduated from Simon Fraser University with a Bachelor of Science degree in Earth Sciences and the British Columbia Institute of Technology with a Diploma in Mining Engineering Technology. He is a member of the Association of Professional Engineers and Geoscientists of British Columbia and the Association of Applied Science Technologists and Technicians of British Columbia.
As Vice-President Exploration (Canada), Mr. Coe is based in the Vancouver and Whitehorse offices and is leading the team in aggressively advancing the Company's Yukon exploration projects.
About Golden Predator Corp.
Golden Predator's corporate mandate is to establish a self-funded gold company focused on Yukon, Canada.
Golden Predator has established an industry leading gold property position in Yukon and is aggressively exploring its Brewery Creek, Gold Dome, Eureka, Clear Creek and Antimony Mountain projects with drilling planned on all 5 projects during 2010.
Golden Predator is advancing its Adelaide project in Nevada with underground drilling and bulk sampling planned. Further drilling is planned at Golden Ridge and Lantern to potentially provide near term production of small-tonnage high grade ores. Golden Predator intends, through its strategic use of modular mills at its Taylor and Humboldt mill sites, to become a gold producer capable of funding its Yukon program. In addition, Golden Predator currently receives in excess of $1.0 M per year from its royalty stream.
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 Americas Bullion Royalty Corp.
For further information: For further information: Golden Predator Corp., Investor Relations: (604) 648-GOLD (4653)