News Releases

October 23, 2008
Golden Predator Receives Air Quality Operating Permit for Springer

Vancouver, British Columbia, October 23, 2008: Golden Predator Mines Inc. (TSX:GP) is pleased to report its wholly-owned subsidiary, the Springer Mining Company, has received the new Class II Air Quality Operating Permit AP1061-2442 for the Springer tungsten facility in Pershing County, NV. This permit was issued by the Bureau of Air Pollution Control, a branch of the Nevada Division of Environmental Protection. 

The Company also wishes to report that the Notice of Proposed Action for the Draft Water Pollution Control Permit NEV2007108 was posted in the "Lovelock Review-Miner" newspaper. The regulatory 30 day public comment period will end at 5:00 PM on November 8, 2008.

The Notice of Proposed Action for the Draft Reclamation Permit was posted in the "Lovelock Review-Miner" newspaper last week. The regulatory 30 day public comment period is expected to end at 5:00 PM on 15 November 2008 for this permit. This leaves the Water Pollution Control Permit and the Reclamation Permit as the only permits outstanding at this time for Springer. All other required permits are in hand.

Mr. Steve Vanry, President, observed: "Receipt of the environmental permits for Springer is moving along smoothly. As each of these permits is granted, the property progresses toward satisfying regulatory requirements and moves ever closer to being fully permitted and operational".

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. 

For further information, please contact:

Golden Predator Mines Inc.

Bill Sheriff, Chairman and CEO: (972) 333-2214
Steve Vanry, President: (604) 648-4653

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Golden Predator's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in the company's operations. These and other risks are described in the Company's public filings with Canadian Securities Regulators available at www.sedar.com.

For more information please see our Website at www.goldenpredator.com, or send questions and comments to info@goldenpredator.com.

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