VANCOUVER, Feb. 10, 2010 (Canada NewsWire via COMTEX News Network) --

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Golden Predator Royalty & Development Corp. (TSX:GPD) (the "Company") is pleased to announce it has joined Alexco Resource Corp. (TSX: AXR), Capstone Mining Corp. (TSX: CS), Copper Ridge Explorations Inc. (TSX-V: KRX), Northern Freegold Resources Ltd. (TSX-V: NFR), Victoria Gold Corp. (TSX-V: VIT) and Western Copper Corporation (TSX: WRN) as founding members of the Yukon Gold Mining Alliance. The YGMA is holding an investment community launch at the Metropolitan Hotel in Vancouver, British Columbia at 1:30 pm on February 11th, 2010.

"The focus of the Yukon Gold Mining Alliance is on awareness of investment opportunities in gold, silver and copper companies in the Yukon," said Mr. William M. Sheriff, Chair & CEO. "The Alliance has been formed to complement and expand upon the promotion and marketing already being carried out by individual companies and the Yukon government."

Mr. Scott Kent has been appointed the Chair of the YGMA. Mr. Kent's past experience includes serving as a Yukon Cabinet Minister, an Executive Committee Member of the Yukon Environmental and Socio-economic Assessment Board and the Executive Director of the Yukon Chamber of Mines.

"The purpose of the YGMA is to encourage investment in the Yukon and in companies with long-term commitments and investments in the Territory," said YGMA Chair Scott Kent. "The Yukon already has a strong reputation as an excellent place to do business. However, our member companies have noted a lack of knowledge within the investment community about the Yukon and its potential for mineral exploration and mining, which the Alliance will address."

About the Yukon Gold Mining Alliance

The Yukon Gold Mining Alliance (YGMA) is a non-profit industry association with a current membership of seven gold, silver and copper companies working in Yukon mineral exploration and development. The YGMA's goals include:

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    -   liaising between the mining industry and investors;
    -   promoting awareness of and strengthen investment in member companies
        and the Yukon;
    -   building awareness of established companies which are committed to
        mineral exploration and development in the Yukon.
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The YGMA will host events to present information to the investment community in Canada, the United States and Europe. In addition, the YGMA will work to bring analysts, media and the investment community to the Yukon to view properties and see the Territory first-hand.

Member companies must have established NI 43-101 compliant resources and or must have spent $2.5 million in drilling programs in the Yukon in five of the last seven years. Member companies must also adopt and adhere to a corporate sustainability policy including community relations, environmental responsibility and labour relations.