Golden Predator Intersects Significant Mineralization in 16 out of 16 Holes at West Big Rock Zone, Brewery Creek Project

TSX: GPD

VANCOUVER, May 8, 2012 /CNW/ - Golden Predator Corp. (TSX: GPD) (the "Company") is pleased to announce the results from 16 diamond drill holes completed in early 2012 on the West Big Rock Zone its flagship Brewery Creek Project. The current drill results extend the mineralization at least 40 meters to the southeast down dip along a strike length of approximately 225 meters. The mineralization encountered to date remains open.

Highlights of the current release include:

• BC12-396 with 17.1 m of 1.12 g/t gold from a depth of 70 m.
• BC12-398 with 20.1 m of 1.10 g/t gold from a depth of 69 m including 2.1 m of 3.46 g/t gold;
• BC12-402 with 22.0 m of 0.92 g/t gold from a depth of 74.0 m including 1.6 m of 4.38 g/t gold;
• BC12-403 with 20.8 m of 1.46 g/t gold from a depth of 76.0 m; and
• BC12-404 with 12.4 m of 1.36 g/t gold from a depth of 75 m;

A complete table of results and location maps can be found on the Company's website at:
http://www.goldenpredator.com/documents/GPD-NR12-17-Brewery-Creek-2012-West-Big-Rock-Results-FINAL.pdf

West Big Rock Zone, Brewery Creek
The West Big Rock resource area is the farthest west known gold resource at the Brewery Creek Project. Gold mineralization occurs primarily in clay altered quartz monzonite sills and to a lesser extent in siliclastic sedimentary rocks. The primary mineralized zone outcrops, with a strike of N70 o E and dip of 40o to the southeast.

These 16 holes were designed to test the southeasterly extension of mineralization in the western section of the West Big Rock Zone. Drill holes BC12-396, BC12-398 and BC12-402 through BC12-404 encountered more significant gold mineralization, suggesting increased grade and consistency along strike to the west starting at an approximate depth of 70 m. All 16 step-out holes, designed to intersect the mineralized horizon at approximate 25 meter intervals, intersected ore-grade mineralization. Drilling will continue to delineate the extent of oxide mineralization in the West Big Rock Zone.

Condemnation Drilling Begun
A recent review of historic soil sampling data revealed a gold in soil anomaly located close to the current camp and office site. An initial four hole drill program was carried out in around the existing camp to test the soil anomaly and two holes intersected ore grade mineralization on the east end of the camp area. Holes BC12-384 and BC12-385 intersected near surface ore-grade mineralization at shallow depths including hole BC12-384 which intersected 12.4 m of 1.66 g/t gold at a depth of 12.2 meters. Additional drilling is planned to follow up on this newly encountered mineralization.