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|   Grew Creek, Yukon Project Target Epithermal Gold and Silver Veins Property Overview The Grew Creek Project consists of 351 claims covering approximately 7,300ha, and is located 25km northwest of Ross River, Yukon on the Robert Campbell highway. Gold mineralization occurs as quartz-adularia veins and vein stock-work within permeable felsic pyroclastic tuffs contained within a graben structure formed by the Tintina Fault System1. The mineralization is typically epithermal within a strongly developed alteration system. Past exploration at the Main Zone has outlined both high-grade veins and vein stock-work mineralization (including 17.0 m of 28.6 gpt Au in drill hole GC-96-196 drilled by YGC Resources in 19962) and wide, lower-grade mineralization (such as 21.0 m of 4.13 gpt Au in drill hole GC-96-197 drilled by YGC Resources in 19962). The Main Zone mineralization is structurally complex occurring within an area of approximately 300 m long and 100 m wide. Drilling has been shallow (less than 100 m vertical depth) with several holes below 100 m depth that intersected low-grade gold mineralization. Drilling to date has been concentrated in the immediate Grew Creek area with only limited drilling in the outlying areas. Notes: 1 Stroshein, R.W., May 2008. Technical Report Using British Columbia Securities Commission National Instruments 43-101 Guidelines; Summary Geological Report On the Grew Creek Property, Yukon Territory, Canada. 2 Stroshein, R.W., March 1997. 1996 Diamond Drilling report on the Grew Creek Gold Project, Grew Creek Area. Assessment Report # 093627, Yukon Energy, Mines and Resources. Golden Predator holds an option to acquire a 100% interest in the property subject to a 4% NSR. Historical Exploration The Grew Creek area was originally staked in 1965, but didn't see significant exploration until it was re-staked by Allan Carlos in 1983. From 1984 to 1987 Hudson Bay Company held an option on the property and carried out ground geophysical and geochemical surveys, trenching, diamond drilling (13 holes, 1,732 meters), and reverse circulation (RC) drilling (19 holes, 1,660 meters). The best intersections during this program include drill hole CAN-5 which intersected 39.1m of 3.85 gpt Au and 7.1 gpt Ag and drill hole CAN-10 which intersected 3.7m of 6.49 gpt Au and 24.7 gpt Ag. Hudson Bay dropped the option in 1987. In 1987, Noranda Exploration Company Ltd. formed a joint venture with Golden Nevada Resources Inc., Brenda Mines Ltd., and Hemlo Gold Mines Ltd. to develop the property and carried out an airborne geophysical survey, a till geochemical survey, diamond drilling (77 holes, 16,225 m), and RC drilling (13 holes, 1,669m). In 1989, Golden Nevada acquired a 100% interest in the property and carried out trenching and diamond drilling (10 holes, 1,158 meters) before returning the property to A. Carlos in 1991. Wheaton River Minerals Limited held an option on the property briefly in 1991 before returning the property to A. Carlos, who conducted line cutting and a VLF-EM survey and trenching in 1992. In 1992, YGC Resources Ltd. acquired an option to earn a 100% interest in the property and carried out geophysical surveys, soil sampling, and diamond drilling (17 holes, 1,994 meters) on target areas along strike to the main zone along with 5 holes (307 meters) in the Main Zone. From 1994 to 1996, YGC completed 48 diamond drill holes (4,634m) in the Main Zone and adjacent target areas before returning the property to A. Carlos in 1996. In 2004, Freegold Ventures Ltd. optioned the property and drilled 12 holes (2,078 meters) on the main zone, and 13 holes (1,818 meters) in adjacent target areas before returning the property to A. Carlos. In 2008, Emerick Resources Corp. optioned the property and completed a NI 43-101 Technical Report on the property. Although no current NI 43-101 compliant resources were estimated, the technical report summarized the historical resource estimates made by Golden Nevada in 1989, Wheaton River in 1992, and YGC Resources in 1993 and again in 1996. Golden Predator has not completed the required work to confirm any of the historic resource estimates and does not consider the historical estimates as current mineral resources. Therefore these historical resources should not be relied upon. Mineralization and Geology The Grew Creek Gold Property overlies an Eocene volcanic assemblage and fluvial sedimentary rocks preserved within an elongated, northwest striking graben in the Tintina Trench. The Tintina trench is a prominent linear feature representing a series of strike slip faults which form the Tintina Fault system. The Tintina Fault system in the project area includes four major faults which have been named, from the south to north: Buttle Creek, Grew Creek, Danger Creek and Lapie River faults. The Grew Creek deposit is hosted within the Canyon Graben, bound by the Grew Creek Fault on the southwest and the Danger Creek Fault on the northeast. The Canyon Graben is approximately 1.5 kilometres wide and includes bimodal (rhyolite and basalt) volcanic and fluvial clastic sedimentary rocks. Palaeozoic metamorphosed chert, phyllite and basalt outcrop southwest of the Grew Creek fault while northeast of the Danger Creek fault Permian massive metabasalt and limestone forming locally prominent resistant cliffs (Stroshein, 1996). Mineralization at the Grew Creek Property consists of pyrite, marcasite, arsenopyrite, chalcopyrite, argentite, electrum, silver selenides, galena and sphalerite, while gangue minerals include quartz, adularia, and carbonates. In the main zone, gold and silver occur as micron-size grains in chalcedony stringer stockworks and adjacent silicified tuffs. Alteration consists of illite-quartz and illite-quartz-adularia assemblages, with an outer propylitic halo. Current Work Golden Predator is currently compiling all historical geological data for the Grew Creek Property, and will use this data to plan future work programs for this property. Disclaimer Technical information for the Grew Creek Property has been reviewed by Gilles R. Dessureau, M.Sc. P.Geo, a Qualified Person for the purposes of National Instrument 43-101. News Releases
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