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Golden Predator Mines Inc. has acquired a portfolio of gold and tungsten exploration and development properties in the western United States and Canada which provides an unparalleled asset base for this new and aggressive company. Golden Predator is managed by the professionals, who while previously at Energy Metals Corp., assembled in two years time, a premier portfolio of more than 100 uranium projects in the western United States making it one of the leading Uranium companies in the world.

Toronto Stock Exchange
Symbol: GP
Allein durch den Namen wird man in ein paar Jahren ( 3 bis 5 schätz ich mal ) eine Vermögen machen, weil dann alle ( bis zur Putzfrau a la Kostolanytheorie ) Aktien kaufen, wo der Name " Gold " drinnen steckt. Denkt an mich, denkt voraus,
think GOLD !!!!!!!!!!!!!!!!!!!!!!
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Super Nachrichten!!!

December 09, 2008
Golden Predator's Springer Mine Receives Permitting Green Light

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Vancouver, BC -- December 9, 2008 -- Golden Predator Mines Inc. (TSX:GP) ("the Company") is pleased to report that it has received final operational permits for its 100% controlled Springer Tungsten Mine, Pershing County, Nevada.

The Company's subsidiary, Springer Mining Company, has received a Water Pollution Control Permit, effective as of December 3, 2008 and a Reclamation Permit effective as of November 30th, 2008 from the State of Nevada Division of Environmental Protection ("NDEP").

Golden Predator's Chairman, William Sheriff, commenting on receipt of the permits noted "Achieving this important permitting milestone is an indication of the strong working relationship developed between the Company and regulatory agencies in the State of Nevada and positions Golden Predator to execute on its strategic plan for emergence as a metals producer in Nevada."

In addition, NDEP determined the Surety amount for the reclamation of the property once operations have been completed. At such time this Surety amount or the Insurance for it have been posted, Springer Mining Company can finalize all outstanding construction projects to rehabilitate and start operations. Golden Predator will be reviewing its strategic options for furthering its plans for Springer in the near future.

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December 19, 2008
Golden Predator Announces Spin-Out of Gold Assets

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Vancouver, BC -- December 19, 2008 -- Golden Predator Mines Inc. (TSX:GP) ("the Company") announces the proposed segregation of its two main business components into separately listed public companies by spin-out of its gold and sliver focused, precious metals portfolio to a new company ("New GoldCo") by means of a plan of arrangement. The objective of the spin-out is to maximize shareholder value by allowing the market to independently value two very different businesses. The spin-out will result in a separate, revenue generating, Nevada focused gold company, in addition to allowing the existing company ("Specialty MetalsCo") to re-focus its efforts as a specialty metals and alloys company working in tungsten, molybdenum, vanadium and uranium. Management is confident that having two separate operating businesses will accelerate the advancement and development of existing projects with a higher degree of certainty, and improved efficiency.

New GoldCo

The spinoff of New GoldCo will result in a company that is strategically positioned to exploit its extensive Nevada land holdings, production capacity and royalty stream. New GoldCo will control precious metal assets including the income producing Campbell Royalty Trust, the Taylor silver mine and mill complex, the Adelaide, Lantern and Tuscarora projects, and the Lewis and Platte River Joint Ventures all located in Nevada as well as the High Grade project in northeastern California and Angel's Camp project in Oregon.

The Lyle Campbell Royalty Trust includes claims and royalty positions covering the Pan Property, leased by Midway Gold Corp. The Pan Property has a measured and indicated resource of 18.96mm tons grading 0.019 opt containing 361,400 ounces of gold plus an inferred resource of 8.3mm tons grading 0.017 opt containing 140,600 ounces of gold, using a gold cutoff grade of 0.01 oz/t, as announced by Midway Gold Corp. in a news release dated April 19, 2007 (resource references are based on a September 1, 2007 NI 43-101 report prepared for Gold Standard Royalty Corp., a wholly owned subsidiary of Golden Predator, and posted by Gold Standard at www.sedar.com). The claims and royalty positions cover significant portions of the Bald Mountain property of Barrick Gold Corporation and the Tonkin Springs property leased to US Gold Corporation. In total, there are 23 property interests, in the portfolio comprising over 70,000 acres.

The Taylor project includes a NI 43-101 compliant resource of 16.8mm ounces of silver, (with measured and indicated mineral resources of 6,433,000 tons grading 2.31 oz/t Ag using a 1.2 oz/t Ag cutoff grade as calculated by Hester (2007)) a 1,320 ton per day mill, water rights and approximately 2,700 acres of mining claims. The mill complex consists of primary, secondary and tertiary crushers, eight ball mills, a leaching and counter-current decant thickening circuit, Merrill Crowe equipment, a flotation circuit, a maintenance shop, an assay office, an electrical substation and mine office.

The Adelaide project is located at the projected intersection of the Getchell and Battle Mountain-Eureka gold trends and has been the focus of exploration by several companies over the last 30 years. Golden Predator is nearing completion of a 16,145 ft drill program testing various targets for potential high grade chutes on 1.6 miles of strike length along the mineralized, Adelaide structure. Drill highlights include hole GPA027 which intersected 9.1m of 27.4 gm/t (30 ft of 0.799 oz/t) gold; and 83.0 gm/t silver including: 4.6m of 53.3 gm/t (15 ft of 1.56 oz/t) gold; and 143.0 gm/t silver. Further drill results and related information are available in Golden Predator's press releases dated September 23, 2008 and July 24, 2008.

The company will continue to concentrate on high grade bonanza style mineralization in the mining friendly and gold endowed region centered on Nevada and adjoining states.

Specialty MetalsCo

The existing Golden Predator will be recast as Specialty MetalsCo and will focus on specialty metals and alloys including tungsten, molybdenum, vanadium and uranium. The company is well positioned with respect to tungsten as a result of the company's Springer Facility which has been the focus of an aggressive rehabilitation and expansion program by Golden Predator over the past two years and is now approximately 85% complete. Once operational, the Springer mill is expected to be able to process an estimated 1,200 tpd of scheelite ore. At the time of closure by General Electric in 1982 due to falling tungsten prices, the Springer mine had a non NI 43-101 compliant historic resource of 3.59 million tons grading 0.446% WO3 reported by the General Electric Company in March 1983 and cited in Golden Predator's previous news release dated April 28, 2007 (see below statement regarding historic resource disclosure).

The company also owns the Spruce Mt. Moly project in Elko Co., NV. Spruce Mt. consists of 1,280 acres adjacent to Mosquito Consolidated Gold Mines Ltd. Spruce Mt. porphyry molybdenum project. Historic drilling in the 1980's on the adjacent property returned the following assay highlights: 170.7 meters (560 feet) grading 0.170% MoS2 in drill hole FDD-3; 105.2 meters (345 feet) grading 0.135% MoS2 in drill hole FRD-2; 210.3 meters (690 feet) grading 0.058% MoS2 in drill hole Ar-7; and 149.4 meters (490 feet) grading 0.103% MoS2 in drill hole Ar-9.

Specialty MetalsCo will also own the Carlin Vanadium Deposit, also known as the Black Kettle project where Union Carbide estimated a non NI 43-101 compliant historic resource of 19,690,000 tons grading 0.83% V2O5 using a 0.4% V2O5 cutoff grade (see below statement regarding historic resource disclosure). In addition the company holds other tungsten assets including the Fostung deposit in Ontario, with an inferred mineral resource of 12.4 million tonnes grading 0.213% WO3 using a 0.125% cut-off (as calculated by Stryhas, 2007), the Hamme Tungsten mine in North Carolina, the Copper King deposit in Pershing County NV, along with other exploration projects principally in Nevada. It is envisioned that Specialty Metals Co. will leave the Springer Facility on care and maintenance thereby reducing costs until an economic recovery occurs at which time it may be re-commissioned.


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