34.4 m of 2.92 g/t gold from a depth of 45.8 m Sleeman Zone, Brewery Creek Proje

Renamed from American Bullion Development Corp.

North American Royalties and Assets in Nevada and the Yukon

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34.4 m of 2.92 g/t gold from a depth of 45.8 m Sleeman Zone, Brewery Creek Proje

posted on Nov 10, 2011 03:59PM

http://www.goldenpredator.com/documents/GPD-NR11-42-Brewery-Creek-Nov-10-JWL-Comment.pdf

NEWS RELEASE TSX: GPD November 10th, 2011

NR 11-42

(the "Company") is pleased to announce the results of 8 additional diamond drill holes from the Sleeman Zone at its flagship Brewery Creek Project, where the Company is continuing to drill with two diamond and one reverse circulation rigs. Highlights of the current release include:



BC11-309 with 33.0 m of 0.96 g/t gold from depth of 69.3 m;

 BC11-311 with 30.1 m of 2.29 g/t gold from depth of 49.9 m;

 BC11-316 with 42.5 m of 0.91 g/t gold from depth of 47.8 m; and

 BC11-321 with 34.4 m of 2.92 g/t gold from a depth of 45.8 m.

Sleeman Zone Geology

Mineralization at the Sleeman Zone is hosted in altered intrusive rocks occurring as a tabular zone dipping moderately to the south‐outhwest. To date, gold mineralization has been drilled to a vertical depth of 150 m from surface, extends horizontally well over 300 m, and is open in both directions along strike and down dip. The geochemical signature of the gold bearing zone at Sleeman is distinctly elevated in lead, zinc and silver. Infill drilling continues to advance the Sleeman Zone in anticipation of a year end 43-101 compliant resource estimate. Additional 2011 Diamond Drilling at Brewery Creek, Yukon Significant Intercepts (1)(2)
Drill Hole	From (m)	To (m)	Interval (m)	Gold (g/t)	Silver (g/t)
SLEEMAN ZONE
BC11-306	99.9	114.6	14.7	0.50	6.2
and	119.1	132.6	13.5	1.11	18.6
BC11-308	97.0	121.0	24.0	0.95	10.3

Golden Predator intercepts 34.4 m of 2.92 g/t Gold at Sleeman Zone, Brewery Creek Project, Yukon