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File: GPY NR17-19 Drill Results and Conference Call FINAL.docx










NEWS RELEASE
TSX.V: GPY
August 9th, 2017
NR 17-19
www.goldenpredator.com 

Golden Predator Intersects 8 m of 50.4 g/t Gold at the 3 Aces Project; Schedules Webcast to Provide 2017 Exploration P
--->rogram Update 
Vancouver, BC, August 9th, 2017: Golden Predator Mining Corp. (TSX.V: GPY; OTCQX: NTGSF) (the "Company" or "Golden Pre
--->dator") is pleased to report assay results for 8 reverse circulation (RC) drill holes and 10 diamond core drill holes 
--->at the 3 Aces Project in southeast Yukon, Canada.  The current drill program has focused on the Spades Zone to provide
---> appropriate drill density for interpretation and modelling of the gold mineralization in the high-grade vein system. 
---> The Company also reports a new discovery of gold in quartz veining at the new Ace of Diamonds and Three of Diamonds, 
--->which were discovered through the ongoing sampling and mapping program. 
Significant results include:
Hole 3A17-124: 4.57 m of 58.75 g/t gold, including 1.52 m of 121.75 g/t gold
Hole 3A17-132: 13.30 m of 6.69* g/t gold, including 1.95 m of 25.64* g/t gold
Hole 3A17-134: 4.6 m of 18.77* g/t gold, including 1.5 m of 36.6* g/t gold
Hole 3A17-138: 1.5 m of 8.31* g/t gold, and 8.0 m of 50.4* g/t gold, including 1.0 m of 156.0* g/t gold
Hole 3A17-131: 13.75 m of 65.31 g/t gold, and 4.55 m of 46.90 g/t gold, including 0.95 m of 209 g/t gold (Grade Verifi
--->cation)
Hole 3A17-133: intersected 6.0 m of 15.98* g/t gold, including 1.5 m of 49.93* g/t gold, and 16.2 m of 20.5* g/t gold,
---> including 5.1 m of 57.77* g/t gold (Grade Verification)
Intervals reported with an asterisk (*) are results from 50g Fire Assay.  These intervals have been submitted for Meta
--->llic Screen Analysis, which are pending. Metallic Screen Analysis may report higher or lower gold values than 50g Fire
---> Assay. To date, overall average gold values increase in reported grade when comparing Metallic Screen Analysis to 50g
---> Fire Assay.
The drill results reported include step-out and in-fill holes at the Spades Zone, as well as, two grade verification d
--->iamond core holes. Step-out holes 3A17-137 and 3A17-138 extend mineralization along strike, intercepting quartz veinin
--->g 10m apart and 17m from previous drilling.  Hole 3A17-137 returned 1.5m of 68.30* g/t gold and 5.5m of 7.24* g/t gold
---> with hole 3A17-138 returning 1.5m of 8.31* g/t gold and 8m of 50.4* g/t gold. The grade verification holes have confi
--->rmed grades in areas previously explored with reverse circulation drilling.   Hole 3A17-131 intersected the best miner
--->alized interval reported to date from the 3 Aces Project at 13.75 m of 65.31 g/t gold, and lower in the same hole anot
--->her interval of 4.55 m of 46.90 g/t gold. Hole 3A17-133 intercepted a blind vein with 1.15 m of 73.2* g/t gold at a de
--->pth of 60.1m, some 25m below the nearest previously known intercept. Results continue to confirm the potential for nea
--->r surface and high-grade underground targets and are part of a fully-funded 40,000m drill program, which will continue
---> throughout 2017.
The Company has greatly increased its understanding of the structural and stratigraphic controls of the gold mineraliz
--->ation within the 11km2 Central Core Area.  These controls and style of mineralization persist along a northwesterly tr
--->end measuring 35 km within the current 357km2 land package at 3 Aces.  The similarities and repetitive nature of the s
--->tructures, stratigraphy and mineralization have significant district scale implications across the property. 
Geologic mapping and soil sampling are critical summer exploration programs and recently led to a visible gold discove
--->ry at the newly identified Ace of Diamonds in the Diamond Zone.  The Diamonds zone features gold-bearing quartz veinin
--->g occurring continuously over a strike of 1.2 km.  The Company also discovered quartz breccias containing up to 3.21 g
--->/t gold at the newly discovered Three of Diamonds. Discovery of gold in the lower stratigraphy that hosts the Diamonds
---> Zone supports the theory that deep mineralization underlies the Spades, Hearts and Clubs Zones. Expansion into the Di
--->amonds Zone significantly enhances the overall potential of the Central Core Area.
Complete location maps can be found on the Company's website at: http://goldenpredator.com/_resources/news/3Aces_Press
--->ReleaseMaps_20170808.pdf
Webcast / Call-In Details:
The Company has scheduled a webcast to provide an update on the 2017 exploration program and to better explain the evo
--->lving structural model.  A question and answer period will follow the presentation. 
Time:       11 AM EST Date:       Wednesday, August 9th,2017 Webcast link:      http://edge.media-server.com/m/p/k7vp4
--->976
Participant Toll-Free Dial-In Number:   (833) 659-7621
Participant International Dial-In Number: (409) 767-9130
Conference Code:     67840800

2017 Exploration Program Update
The 2017 exploration program has provided valuable interpretations of the district scale potential and the 3 Aces orog
--->enic gold model. Through mapping, sampling and the interpretation of over 100 drill holes within the 11 km2 Central Co
--->re Area, as well as, new exposures created through trenching and road building, the Company has refined the geological
---> model's key parameters including the persistent structural and stratigraphic controls for the length of the project (
--->35 km). 
To date, the 2017 drill program has focused exclusively on delineating and expanding the Spades Zone.  Going forward, 
--->drilling will expand to 3 reverse circulation (RC) drills in August 2017 and will be focused on the down dip and strik
--->e extension targets at the Ace of Hearts, as well as, expanding to both the Clubs Zone and Diamonds Zone.  The diamond
---> core rig is expected to resume operation in September 2017.
A 10,000 sample soil geochemical program is approximately 40% complete. The intention of this work is to fill in gaps 
--->from previous sampling programs along trend, and is anticipated to facilitate selection of additional drill targets.  
--->The program has been designed to provide an initial grid testing of the favorable stratigraphic exposure along the 35k
--->m trend at 3 Aces. 
The Company built approximately 11 km of exploration roads in 2016, with an additional 7 km added to date in 2017. An 
--->additional 3 km of roadwork is planned for the remainder of the year.

Significant Drill Results Table - Spades Zone
Hole ID1
 Sample Type2
 From (m)
 To (m)
  Drilled Width (m)3
 Au g/t4
 
 3A17-121
 RC
 16.76
 18.29
 1.53
 14.90
 
 including
 RC
 17.53
 18.29
 0.76
 26.10
 
 and
 RC
 32.77
 34.29
 1.52
 4.31
 
 and
 RC
 36.58
 39.62
 3.04
 5.24
 
 3A17-122
 RC
 25.15
 25.91
 0.76
 5.08
 
 and
 RC
 43.43
 44.96
 1.53
 7.34
 
 3A17-123
 RC
 40.39
 41.15
 0.76
 4.89
 
 3A17-124
 RC
 6.10
 10.67
 4.57
 58.75
 
 including
 RC
 6.86
 8.38
 1.52
 121.75
 
 and
 RC
 31.24
 32.00
 0.76
 3.11
 
 3A17-129
 DD
 24.10
 26.75
 2.65
 8.99
 
 and
 DD
 120.30
 121.35
 1.05
 6.57
 
 3A17-130
 DD
 49.40
 52.20
 2.80
 4.54
 
 3A17-132
 DD
 20.00
 33.30
 13.30
 6.69*
 
 including
 DD
 20.85
 23.30
 2.45
 8.22*
 
 including
 DD
 27.05
 29.00
 1.95
 25.64*
 
 3A17-134
 DD
 4.40
 9.00
 4.60
 18.77*
 
 including
 DD
 7.50
 9.00
 1.50
 36.60*
 
 3A17-135
 DD
 5.50
 9.20
 3.70
 6.24*
 
 and
 DD
 20.50
 22.00
 1.50
 31.80*
 
 3A17-137
 DD
 7.50
 9.00
 1.50
 68.30*
 
 and
 DD
 11.00
 16.50
 5.50
 7.24*
 
 3A17-138
 DD
 2.00
 3.50
 1.50
 8.31*
 
 and
 DD
 7.50
 15.50
 8.00
 50.40*
 
 including
 DD
 8.50
 9.50
 1.00
 156.00*
 
 3A17-140
 DD
 38.00
 38.65
 0.65
 8.29*
 
 3A17-141
 RC
 5.33
 7.62
 2.29
 11.11*
 
 3A17-142
 RC
 6.10
 6.86
 0.76
 8.89*
 
 
 
 
 
 
 
 
 3A17-131
 DD-GV
 25.75
 39.50
 13.75
 65.31
 
 including
 DD-GV
 25.75
 31.30
 5.55
 92.98
 
 including
 DD-GV
 32.00
 34.50
 2.50
 121.64
 
 including
 DD-GV
 36.00
 38.40
 2.40
 24.79
 
 and
 DD-GV
 42.25
 46.80
 4.55
 46.90
 
 including
 DD-GV
 45.85
 46.80
 0.95
 209.00
 
 3A17-133
 DD-GV
 12.50
 18.50
 6.00
 15.98*
 
 including
 DD-GV
 14.00
 15.50
 1.50
 49.93*
 
 and
 DD-GV
 23.80
 40.00
 16.20
 20.50*
 
 including
 DD-GV
 23.80
 28.90
 5.10
 57.77*
 
 including
 DD-GV
 34.10
 34.60
 0.50
 15.50*
 
 and
 DD-GV
 57.50
 65.00
 7.50
 13.92*
 
 including
 DD-GV
 60.10
 61.25
 1.15
 73.20*
 
 1Drilled intervals assaying >=3.0 g/t gold are reported in table as significant results;
No Significant results were returned in RC holes 3A17-136 or 3A17-139
3A17-121's significant results from 36.58m to 39.62m include 0.76m of 1.72 g/t Au at 38.10m
3A17-130's significant results from 49.40m to 52.20m include 1.50m of 2.94 g/t Au at 49.40m
3A17-131's significant results from 25.75m to 39.50m include 0.70m of 0.51* g/t Au at 31.30m, and significant results 
--->from 42.25m to 46.80m include 2.35m of 0.75* g/t Au at 43.50m
3A17-132's significant results from 20.00m to 33.30m include 3.75m of 0.97* g/t Au at 23.30m and 2.9m of 0.83* g/t Au 
--->at 29.00m
3A17-133's significant results from 23.80m to 40.00m include 3 intervals totaling 6.35m averaging 1.80* g/t Au between
---> 28.90m and 37.55m, and significant results from 57.50m to 65.00m include 3 intervals totaling 3.50m averaging 1.52* g
--->/t Au between 59.00m and 65.00m
2Sample Type 'RC' is 5.5" (139.7mm) reverse circulation cuttings (whole samples for holes 3A17-121 to 3A17-124, 50% ro
--->tary field-split samples for holes 3A17-141 and 3A17-142), and Sample Type 'DD' and 'DD-GV' represent  one-half sawn, 
--->or  one-fourth sawn for duplicate, 3.35" (85mm) PQ core.
3All intervals are reported as drilled thicknesses; true thicknesses are estimated to be 50-100% of drilled thicknesse
--->s
4Reported Au assay grade sourced from ALS using Au-SCR24B method (* indicates finalized Au-AA26 results are used)

Sampling Methodology, Quality Control and Assurance
All analyses for the drill samples from the program were performed by ALS with sample preparation in Whitehorse, YT, T
--->errace, BC, Kamloops, BC or North Vancouver, BC and assaying in North Vancouver, BC. Drill samples were analyzed using
---> a 50 g fire assay with atomic absorption (AA) finish. If the procedure returned a value of 2.0 g/t gold or greater it
---> is re-run using a 2kg screen metallic gold method (Au-SCR24). Refer to the Company's news release dated July 10th, 20
--->17 for a complete discussion of sampling methods, quality control and assurance.

The technical content of this news release has been reviewed and approved by Mark C. Shutty, CPG, a Qualified Person a
--->s defined by National Instrument 43-101 and an employee of the Company.

Golden Predator Mining Corp.  

Golden Predator Mining Corp. is a well-financed gold exploration company focused on its 3 Aces Project in Canada's Yuk
--->on. The 357 km2 land package includes at least 6 mineralized areas, all located within and along favorable stratigraph
--->ic and structural zones that extend over 35km along trend. The 2017 40,000m drill program is focused on the year-round
---> road and bridge accessible Central Core Area, host to numerous high-grade gold in quartz veins. The Company also hold
--->s the Brewery Creek Project in the Yukon. The Company's Projects are in a favorable, low-risk jurisdiction, and with p
--->roven management and an experienced technical team, the Company is well positioned for stable growth. 

For additional information: Janet Lee- Sheriff  Chief Executive Officer (604)260-0289  info@goldenpredator.com 
www.goldenpredator.com 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commi
--->ssion or other regulatory authority has approved or disapproved the information contained herein. This press release c
--->ontains forward-looking information that involve various risks and uncertainties regarding future events. Such forward
--->-looking information can include without limitation statements based on current expectations that the private placemen
--->t will complete as described herein, that the Project will advance through permitting and feasibility.  Actual results
---> and future events could differ materially from those anticipated in such information. These and all subsequent writte
--->n and oral forward-looking information are based on estimates and opinions of management on the dates they are made an
--->d are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligati
--->on to update forward-looking information should circumstances or management's estimates or opinions change.