Vancouver, BC, Canada, GOLDEN DAWN MINERALS INC, (the “Company) (TSX-V:GOM, Frankfurt:3G8) is pleased to announce the signing of Letters of Intent covering two gold-silver-copper prospects in the Greenwood Mining District, southern British Columbia, Canada. The Boundary Falls and the Royal Attwood properties are accessible by road, and contain many showings and untested electromagnetic and magnetic geophysical anomalies, derived from recent helicopter-borne magnetic and TEM surveying. This is a highly prospective belt which has a history of gold, silver, and copper production dating from the 1880’s to this date.

On the Boundary Falls Property, consisting of approximately 1,000 ha., situated immediately southwest of the town of Greenwood, previous mining activity resulted in construction of a processing plant(Mill) on the property. This facility is available for treatment of any high-quartz type mineralization. Sulphide-rich copper, silver, lead and gold mineralization can be treated, if discovered, at the custom mill operated by Kinross (formerly Echo Bay) near Republic some 50 km to the south.

This property has recently been subject to a helicopter TEM II E.M. and MAG survey. The untested E.M. and MAG anomalies discovered over a large area of the property are coincident with past gold soil geochemical sampling conducted on the Boundary Falls property.

The Attwood Property, consisting of approximately 1,800 ha., situated southeast of Greenwood and 5 km south of the famous Phoenix mine has multiple showings of gold and base metal mineralization, indicating prospectivity for bulk mineralization. The Helicopter E.M. and Mag survey has detected large untested magnetic and electromagnetic anomalies on the property coinciding with anomalous gold soil geochemical samples and stream sediment samples ranging from anomalous to 11 g/t, 17 g/t and up to 79 g/t.

Both the Greenwood District and the Republic District to the south , while being mined at multiple locations for about 100 years, are still yielding new deposits of gold and gold-silver-copper from re-evaluation of old showings and application of state of the art exploration technologies. The Buckhorn Mountain gold deposit in Washington State, southwest of the Greenwood camp, discovered in the late eighties, containing over a million ounces of gold, has currently been taken to production by Kinross and the ore is being processed through their mill near Republic (Echo Bay Mill) which has already processed over three million ounces of gold from several deposits discovered since the early 1980’s.

To acquire each of the two prospects, Boundary and Attwood, Golden Dawn must pay $200,000 and $250,000 respectively over three years, complete work commitments of $1,500,000 for each property within 3 years, and issue 2,000,000 shares of common stock for each property over three years, to earn a 100% interest. The vendor retains a 3% NSR interest on both properties, of which 2% and 1.5% may be purchased from the vendor for $2,000,000 and $1,500,000 respectively.

Golden Dawn Mineral’s immediate focus will be to undertake a thorough exploration program on these properties that are accessible year round within an established mining infrastructure.

This press release has been reviewed by the Company’s Qualified Person, Dr. Stewart Jackson, P.Geol.

  ON BEHALF OF THE BOARD OF DIRECTORS OF GOLDEN DAWN MINERALS INC.

“Wolf Wiese”

Wolf Wiese
President/CEO

For further information:
                                       GOLDEN DAWN MINERALS INC.
                                       575-1111 West Hastings St.
                                       VANCOUVER, BC, V6E 2J3

                                      Telephone: (604) 221-8936
                                      Facsimile:   (604) 685-2360

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.