GPTC Golden Patriot Corporation (CE)

Golden Patriot, Corp. ("GPTC")(OTCBB:GPTC) wishes to announce that it has been notified by Ashworth Explorations Ltd. ("Ashex"), the work operator, that the first phase of a two phase work program on the Lucky Boy property will commence in the next 10-14 days. Work will consist of grid establishment, geochemical and radiometric surveys, along with geological mapping and sampling. Drill targets will be determined by Dr. J.H. Montgomery, the Qualified Person overseeing the project. Fred Brost P.Eng. of Mining and Environmental Consultants Inc., Phoenix, AZ., will initiate the application process concurrent with this work and in anticipation of an early fall drill-program. GPTC holds under an option agreement the right to acquire 100% interest in the Lucky Boy Uranium Project in Arizona, subject to Rodinia Minerals Inc.'s option to acquire as much as 40% interest subject to certain terms and conditions. Uranium has been mined from the Lucky Boy Project in the past. The Lucky Boy Project is one of the first producing uranium mines in the state of Arizona. GPTC has retained Ashex to run the work program. Ashex has been in business for over 25 years as a mineral exploration contractor. Fueling nuclear power plants to generate electricity is the most significant commercial use for uranium. Currently, uranium provides 16% of the world's electricity via 440 nuclear reactors operating in 31 countries. Annual uranium demand is 66,000 tonnes, with mining fulfilling only 55% of that need. An additional 30% comes from stockpiles, which are not being replenished due to current production shortfalls, and the remaining 15% is salvaged from recycled weapons, a non-renewable resource. Uranium demand is expected to increase in the coming years as new reactors are built and brought online in developing nations such as China, which plans to build 27 nuclear plants, India with a planned 31 new reactors, and Russia with intentions for an additional 25 reactors. With a current worldwide production shortfall of more than 300 million pounds, demand for uranium is expected to be 11% higher than supply over the next decade. Conrad Clemiss, President of GPTC stated, "The Lucky Boy Project is progressing as expected. We are continuing to establish a plan of operation with the anticipation of a drilling program to occur early in the fall. We are anticipating an update on our gold projects within the next month as well. Management has also mandated a better corporate communications program as the company is currently active on multiple projects." To receive timely updates and information on any future developments as they occur please email us at info@goldenpatriotcorp.com. Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports, the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in Golden Patriot, Corp. filings with the Securities and Exchange Commission, and may be accessed through the SEC's web site at http://www.sec.gov.