News Releases

December 9, 2008
Golden Predator's Springer Mine Receives Permitting Green Light

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.

Golden Predator is a tungsten and gold mining company focused on mineral development in Nevada and surrounding states. The company intends to augment its position in the domestic tungsten business through high grade gold development and production. Its current principal project is the Springer Facility, a 1,000 ton per day mine and mill complex built by the General Electric Company between 1979 and 1982. While it had a 13-year mine life at time of construction, GE only operated the facility for eight months when it ceased production in 1982 and placed Springer on care and maintenance due to falling tungsten prices. Golden Predator is in the process of re-commissioning the mill, and when completed, it will be the only operational tungsten mill in the United States. 

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Steve Vanry
(604) 648-4653

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