News Releases

July 16, 2008
Golden Predator Mines Inc. Appoints Larry Yau As Chief Financial Officer

Golden Predator Mines Inc. (TSX:GP) is pleased to announce Mr. Larry Yau has been appointed Chief Financial Officer replacing current Chief Financial Officer, George Lim, effective August 1, 2008. Mr. Lim, who has served as Golden Predator's Chief Financial Officer since July 17, 2006, will continue with Golden Predator in an advisory capacity working closely with Mr. Yau to ensure a seamless transition. 

Mr. Yau has over seventeen years of extensive public company experience in the mining sector with mergers and acquisitions, financial management and financial reporting. Mr. Yau was previously Chief Financial Officer of Farallon Resources Ltd. where he facilitated financing of over $100 million. Prior to Farallon he led the Vancouver Corporate Development Group at Placer Dome Inc., focusing on merger and acquisitions and project development. 

Mr. Yau holds B.Sc. and M.B.A. degrees from the University of Saskatchewan and is a Chartered Accountant. Mr. Yau will oversee the financial department of Golden Predator Mines Inc., based in Vancouver, which includes Mr. Alex Tong, CA, previously Corporate Controller of Energy Metals Corporation. 

President and Chief Executive Officer William Sheriff said "I am very pleased to announce Mr. Yau's appointment as Chief Financial Officer. His extensive experience in cross border issues and merger and acquisition accounting will serve Golden Predator very well as we continue to consolidate the junior gold sector in Nevada. Concurrently, I would like to thank Mr. Lim for his contribution to the Company."

Further information on Golden Predator Mines Inc. is available on the SEDAR web site at and on the company's web site at

For further information, please contact:

Golden Predator Mines Inc.

Bill Sheriff, President and CEO: (972) 333-2214, or
Art Ettlinger, CTO: (604) 685-1964

This press release does not constitute an offer of securities in the United States. The securities referenced herein have not been and will not be registered under any federal or state securities law of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.

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