Chris Berry, House Mountain Partners LLC. (5/12/11) "Golden Predator CEO Bill Sheriff held a conference call to discuss the results of the winter drill program at the company's Brewery Creek project. . . Brewery Creek was a previously operating mine. She produced approximately 270 Koz. of gold for Viceroy Resources between 1996 and 2002 from seven oxide deposits. Therefore, it's no surprise GPD's attention is focused here. Mr. Sheriff's plan is to expand the Brewery Creek resource and, after satisfying the 75% earn-in, think about re-starting production to generate cash flow. Additionally, there is oxidized mineralization sitting idle on the old leach pads, which could add to the cash-flow potential.

GPD's winter drill program consisted of 25 holes. Significant mineralization was encountered in a total of 24. The goal of the winter program was to expand the Bohemian Zone, discovered in late 2010, which also resulted in the discovery of the Schooner Zone, 250 meters east of the Bohemian Zone. . . One of the key questions from the winter drilling program is whether or not the Bohemian and Schooner Zones are connected. . .this question will form the basis for continued drilling and resource expansion at Brewery Creek. . .It's fair to say, at this point, that GPD is ahead of many of its peers in the Yukon gold exploration 'game.' The royalty business model focuses on gold production in the Western United States and a recent $22.7M bought-deal private placement ensure that the company can execute its plans at Brewery Creek and other properties in the Yukon to become a true leader as the exploration season gets underway."

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