WHITEHORSE, YT, Dec. 19, 2012 /CNW/ - Golden Predator Corp. (TSX: GPD) (the "Company") is pleased to announce the appointments of Mr. Timothy
Leybold as Chief Financial Officer and Mr. Jeff Cary as Vice President,
"I welcome these new appointments to our team and look forward to
working closely with Timothy and Jeff to achieve our mandate to become
the Yukon's next gold producer and realize the full potential of our
extensive royalty portfolio," said William M. Sheriff, Chairman and
Timothy Leybold, Chief Financial Officer
Mr. Leybold is a seasoned financial executive with over 20 years'
experience, most recently as Chief Financial Officer (CFO) of Gold
Canyon Mining & Construction in Reno, Nevada. He was previously CFO
for ICO Global Communications; a Nasdaq listed company, and Port
Blakely Companies; a natural resources and land development company; as
well as CFO for Coast Crane Company, Port Townsend Paper Corp. and RLC
Mr. Leybold graduated maxima cum laud from the University of Portland
before beginning his career as a CPA practicing public accounting for
eight years with an international audit firm. He earned his MBA from
the University of Oregon in 1996. Mr. Leybold is a member of Financial
Executives International and the American Society of CPA's, and serves
on the boards of Forest Legacy LLC and the Seattle Chapter of the
National Association of Corporate Directors.
Jeff Cary, Vice President, Exploration
As Vice President of Exploration, Mr. Cary will be directing all of the
Company's geological staff and activities. His primary focus will be
on continuing the successful advancement of Brewery Creek as well as
the development of the Company's substantial royalty portfolio.
Mr. Cary brings 24 years of experience advancing mineral exploration
properties for Battle Mountain Gold, Hemlo Gold, Kinross Gold and the
US Geological Survey. He has worked extensively throughout the western
United States and has significant experience in Canada, Mexico and
Chile. Mr. Cary's expertise covers exploration for and development of
epithermal precious metal, porphyry precious metal, and base metal
deposits. Mr. Cary played a key role in the development and modeling of
Battle Mountain Gold's world class Phoenix deposit, a +6 MM ounce
gold-silver-copper skarn in north-central Nevada. Since joining Golden
Predator in 2010, he has been an active member of the technical team
advancing the Company's flagship Brewery Creek Project, as well as the
Grew Creek and Cache Creek projects.
Mr. Cary holds BSc and MSc degrees in Geology, is a member of the
Society of Economic Geologists (SEG), Nevada Geological Society (NGS)
and the Four Corners Geological Society (FCGS).
The Company wishes to thank Mark Abrams for his service and commitment
as our former Vice President, Exploration (US). We congratulate him on
his appointment as the Vice President of Corporate Development for
Wolfpack Gold Corp.
About Golden Predator Corp.
Golden Predator Corp., Yukon's Gold Company, is mandated to become the Yukon's next gold producer by advancing its
100% owned Brewery Creek Project with a production goal of 2014. The
Company has an extensive royalty portfolio based in Nevada including
Midway Gold's Pan Deposit, Midway Gold's Gold Rock Deposit and portions
of Barrick's Bald Mountain Mine which are expected to yield significant
cash flows within the next few years. Golden Predator has one of the
largest controlled land positions in the Yukon, with exploration
holdings in excess of 1 million acres, and is committed to strong
relationships with First Nations and local communities.
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.
The mineral resource estimates referenced in this news release use the
terms "Measured Mineral Resources" and "Indicated Mineral Resources."
U.S. readers are cautioned that these terms are defined in and required
by Canadian regulations, however these terms are not defined terms
under guidelines prescribed by the U.S. Securities and Exchange
Commission ("SEC"). The SEC normally only permits issuers to report
mineralization that does not constitute SEC compliant "reserves" as
in-place tonnage and grade without reference to unit measures. U.S.
investors are cautioned not to assume that any part or all of mineral
deposits in these resource categories will ever be converted into
reserves, or that reserves reported in this news release equate to
reserves as defined in SEC guidelines.
SOURCE: Golden Predator Corp.
For further information:
Golden Predator Corp.
William M. Sheriff, Chairman & Chief Executive Officer