July 7, 2011
Silver Predator Appoints Blair Shilleto to Board of Directors; Farrell Andersen as Yukon Exploration Manager
Vancouver, British Columbia — July 7, 2011: Silver Predator Corp. (TSX:SPD) (the “Company”) is pleased to announce the appointment of Blair M. Shilleto to the Company’s Board of Directors.
Blair M. Shilleto
Mr. Shilleto has been involved in the mining, tunnelling and construction industry throughout North America since 1976 when he began his career working for United Keno Hill Mine in Yukon, Canada. Mr. Shilleto formed and led his own tunnel/mine contract company in a joint venture capacity, setting up projects in logistically challenging environments, including British Columbia, the Northwest Territories, and Alaska. Mr. Shilleto has managed projects for notable clients such as Cameco Corp., Canamax Resources Inc., Cordilleran Engineering Ltd., Geddes Resources Ltd., Minnova Inc., Peter Kiewit & Sons Inc., Westmin Resources Ltd., Whitewater Engineering Corp., and United Keno Hills Mines Ltd.
Mr. Shilleto has acted as a self-employed consultant to the mining contract and exploration industry and an advisor to the resource investment sector for European-based resource asset managers since 2006. Mr. Shilleto is originally from Mayo, Yukon, is a member of the First Nation of Na-Cho Nyak Dun, and is a member of the Board of Directors of Golden Predator Corp. and Redtail Metals Corp.
The Company is also pleased to announce the promotion of its Senior Geologist, Farrell Andersen, to the position of Yukon Exploration Manager.
Farrell Andersen, PGeo
Mr. Anderson brings over twenty years’ of international and Yukon-specific mineral exploration experience to Silver Predator. In the Yukon he has worked with Loki Gold Corp. and Viceroy Gold Corporation on the Brewery Creek Project, in addition to other clients including Kennecott Canada Exploration Inc., the Yukon Geological Survey, Aurora Geoscience as well as for the Tr’ondek Hwech’in First Nation in the mineral assessment of their settlement lands. Mr. Anderson brings a wealth of firsthand knowledge of numerous Yukon properties including the Company’s Blue Heaven (Rancheria District) Project. Mr. Andersen has worked in the mineral exploration business since 1989 and is one of only two prospectors to explore and hold claims in the White Gold area since 1990. Mr. Anderson holds a BSc in Geology from the University of British Columbia.
About Silver Predator
Silver Predator Corp.’s corporate mandate is to explore and develop commercially viable silver resources in the leading silver districts of Yukon, Canada and Nevada, USA. The Company controls the Taylor silver deposit in Ely, Nevada, which hosts a NI 43-101 compliant mineral resource estimate, as well as the highly prospective Plata project in Yukon. Working within stable geopolitical jurisdictions, Silver Predator is focused on silver-dominant bulk tonnage and/or high grade opportunities. Proven 2 management plus access to unparalleled geological talent in the Yukon and extensive experience in Nevada provide the ability to maximize shareholder value from the quality asset base.
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Silver Predator Corp.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and 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 involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Silver Predator’s plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Silver Predator assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.