NEWS RELEASE TSX: GPD January 10th, 2012 NR 12-03 www.goldenpredator.com Golden Predator announces New Gold Discovery at Cache Creek (Harlan) Project, Yukon, Canada

Vancouver, British Columbia, January 10th, 2012: Golden Predator Corp. ( TSX: GPD) (the "Company") is pleased to announce a new gold discovery at the Company's previously undrilled Cache Creek Project (formerly known as the Harlan Project) in the central Selwyn Basin, Yukon, Canada. The initial six hole, 2,029 m diamond drilling program completed in 2011 encountered significant gold mineralization in four of six drill holes with all drill holes intersecting extensive intervals of hydrothermal alteration. Mineralization is not constrained by current drilling and remains open along strike and at depth. Significant results include: