RE: NR - Golden Predator drills 92.0 m of 2.02 g/tNorthern Securities responds to GPD initiating resource calculation at Grew Creek:
Kwong-Mun Achong Low, Northern Securities(7/6/11)"Golden Predator has completed its 20-hole exploration program (25mspacing) at the Carlos Zone, Grew Creek property and intends to completea resource estimate by year-end. Hole GC11-281 with 92m of 2.0 g/t goldis the best hole drilled this year on a gram-meter basis and edges outhole GC11-276 with 47m of 3.8 g/t gold (released June 21, 2011). . . Theexploration potential has just started to unfold, in our opinion,considering the interpretation of the structure based on existinggeophysical and geochemical data which supports the possibility ofmultiple mineralized zones on the property."