Golden Predator Intersects 13.88 m of 2.30 gpt Au and 3.15 m of 25.06 gpt Au
from the AJ Vein at Antimony Mountain, YT

TSX.V: GPD

www.goldenpredator.com

VANCOUVER , Jan. 5 /CNW/ - Golden Predator Royalty & Development Corp. (TSX:GPD) (the "Company") is pleased to report that it has received assays from seven additional diamond drill holes completed during 2009 at its Antimony Mountain Project in the Yukon Territory. These results form part of a series of short holes drilled on the AJ target, where historic grab sampling returned up to 77.7 gpt gold from an outcropping quartz-tourmaline-sulphide vein (Logan Resources Ltd. NR dated Nov. 20 , 2006). Drilling by previous operators during the period 1966-1989 demonstrated vein continuity with depth, and the 2009 drilling program was designed to substantiate gold distribution over a well-defined vein strike length.

"Though the AJ Vein was not initially a high priority target within the 40 square kilometer Antimony Mountain Project we are very encouraged by these results, which show potentially minable grades and widths for possible underground operations" said William M. Sheriff, Chairman & CEO. "We are currently evaluating the results of the 2009 program, and planning a significantly increased effort this coming field season including a reverse circulation drill campaign initiated on the primary Golden Wall target. This target features an extensive soil anomaly with gold values commonly in excess of 1 gpt. In addition, follow-up core drilling is planned to evaluate some of the many other untested vein occurrences within the Project area. The promising results to date, coupled with the sheer size of the Antimony Mountain Project and the numerous anomalous target areas mean that it will be one of the Company's primary projects in 2010."

In the 2009 program a total of twelve diamond drill holes were drilled in a fan pattern from two locations on either side of Cody Creek , four of which were previously reported on November 5, 2009 . Of the eight remaining holes, six encountered significant mineralization and are reported below, while one was abandoned due to poor ground conditions.

    
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      Drill Highlights from the AJ Vein - Antimony Mountain Project, YT
           Select Significant Intercepts (greater than) 2.0 gpt Au
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    Drill         From       To     Interval     Au     Interval     Au
    Hole No.       (m)       (m)      (m)        gpt      (ft)       opt
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    AH09-014*      48.85     49.17      0.32      4.50      1.05     0.131
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                   66.79     68.85      2.06      3.29      6.76     0.096
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    AJ09-016*      67.55     68.55      1.00      5.48      3.28     0.160
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    AJ09-017*      62.71     63.20      0.49      5.55      1.61     0.162
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                   70.70     75.58      4.88     12.45     16.01     0.364
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      including    70.70     73.15      2.45     28.81      8.04     0.841
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      including    71.15     72.53      1.38     32.78      4.53     0.957
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                   90.42     90.73      0.31      9.24      1.02     0.270
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    AJ09-018       42.97     43.53      0.56     14.56      1.84     0.425
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                   73.65     77.01      3.36      7.61     11.02     0.222
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      including    76.41     77.01      0.60     33.50      1.97     0.978
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    AJ09-019       49.66     63.54     13.88      2.30     45.54     0.067
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      including    60.90     63.54      2.64      8.58      8.66     0.251
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    AJ09-020       74.44     79.79      5.35      3.37     17.55     0.098
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      including    78.22     78.91      0.69      9.96      2.26     0.291
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    AJ09-021       66.28     69.43      3.15     25.06     10.33     0.732
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      including    67.00     67.51      0.51    112.43      1.67     3.283
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      including    68.75     69.06      0.31     20.58      1.02     0.601
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    AJ09-022       79.10     80.85      1.75     22.22      5.74     0.649
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      including    79.10     79.85      0.75     48.09      2.46     1.404
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    AJ09-025       32.24     33.05      0.81      4.73      2.66     0.138
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    *Previously Reported
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Nine of the twelve holes drilled on the AJ vein intersected multiple zones of gold mineralization (greater than) 1 gpt with variable amounts of quartz, tourmaline, arsenopyrite, pyrite, pyrrhotite and chalcopyrite. Zones of higher grade gold mineralization show corresponding enrichments in arsenic, bismuth, antimony, tellurium and silver concentrations. Contact metamorphosed and hydrothermally altered quartzite and greywacke host the mineralized veins. These rocks also host calc-silicate hornfels and skarn zones associated with the intrusion of the Tombstone age Antimony Mountain stock. Copper, lead, zinc, arsenic and silver enrichment in these zones present potential exploration targets within the thermal aureole of the monzonite stock.

The Antimony Mountain Project is located in the west-central Yukon Territory approximately 65 km northeast of Dawson City and 25 km north of the Company's Brewery Creek project. Proterozoic metasedimentary Hyland Group rocks underlie the property. These rocks are intruded by the monzonitic Antimony Mountain stock. This intrusion is similar to other mid-Cretaceous Tombstone plutonic suite rocks associated with gold mineralization at Fort Knox and Pogo in Alaska, and in the Yukon at Dublin Gulch, Freegold Mountain and the Company's projects at Brewery Creek, Gold Dome and Clear Creek. The AJ vein is exposed as a banded quartz-tourmaline-arsenopyrite vein in meta-greywacke and is located approximately 200 m from the contact with the Antimony Mountain stock.

Assays from the first four drill holes at Antimony Mountain were previously reported on November 5, 2009 . Further information about the Antimony Mountain Project, as well as information on the Company's other Yukon projects can be found in the Company's news release dated September 28, 2009 and on its website.

Quality Assurance - Quality Control

ACME Analytical Laboratories of Vancouver , B.C. performed all sample preparation and analyses. Core samples were logged and sampled at the Project site under the supervision of the Project Geologist and then expedited in sealed bags to Whitehorse where they were shipped via common carrier to Vancouver . After being received and logged in at the laboratory, up to 2 kg of core was dried then crushed to 80% -10 mesh. A 250 g split was then pulverized to 85% -200 mesh.

All samples were analyzed by ICP-MS after aqua regia digestion to yield a 37 element scan using a 15 g charge. All samples yielding greater than 500 ppb gold then underwent a 30 g fire assay with an ICP-ES finish.

QA/QC procedures followed include submittal of assay standards for analysis approximately every 30 samples as well as a blank and a duplicate sample of quarter core at approximately the same frequency.

All assays are reported as drilled widths and are not to be interpreted as true widths. Erin O'Brien, P.Geo, Senior Project Geologist is the Qualified Person for the Company's Antimony Mountain Project and is responsible for the technical content of this news release.

About Golden Predator Royalty & Development Corp.

Golden Predator's corporate mandate is to establish a self-funded gold company focused on the Yukon, Canada .

The Company is focused on exploring for and developing world class gold deposits in the Yukon's Tintina Gold Belt, where the Company is aggressively exploring its Gold (Scheelite) Dome, Antimony Mountain, Clear Creek and Brewery Creek projects.

The Company is also advancing its Adelaide project in Nevada with underground drilling and bulk sampling planned. In addition, further drilling is planned at the Golden Ridge and Lantern projects to potentially provide near term production of small-tonnage high grade ores. The Company intends, through the 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, the Company 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.

For further information: Golden Predator Royalty & Development Corp., Investor Relations, (604) 648-GOLD (4653)