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Re: Tackler post# 467

Monday, 08/28/2006 10:17:24 PM

Monday, August 28, 2006 10:17:24 PM

Post# of 524
Drill Contractor Secured For Past Producing Uranium Project
Golden Patriot Corp. ("Golden Patriot") (OTCBB: GPTC) (Frankfurt Stock Exchange: GPU) is extremely pleased to announce that it has been informed by the operator that the drill contractor for the planned 25 hole drill program has been secured and advanced monies have been forwarded. The site preparation has begun for the start of the drill program which is expected to commence early September.

The drill program was recently increased to 25 holes due to an additional positive evaluation of the MMI samples. Golden Patriot has recently received Government and State approval of the 'Plan of Operations' for a multi-hole drill program on the past producing Lucky Boy Uranium Mine in Gila County, Arizona. The Plan of Operations includes: road construction, drill pad construction as well as a multi-hole drill program for approximately 6000+ foot. Golden Patriot has recently increased its land position on this past producing uranium mine to now include 26 BLM claims.

Golden Patriot has also received confirmation that a NYSE listed gold company will initiate a sampling program on one of Golden Patriot's gold prospects. At this time the geologic work will be conducted by the major, which may lead to a full scale drill program in the future. However, there is no guarantee that either an option or joint venture agreement will be entered into.

Mr. Brad Rudman, President of Golden Patriot states, "This is great news for Golden Patriot. It is tremendously exciting that we are about to start a major drill program for the first time on our past producing uranium mine. When you take into account that uranium prices at near 30 year highs and that it is a past producing mine, management is very optimistic about the near and long term future of the company. When you also factor in the potential of a NYSE listed gold major exploring one of our gold prospects, it is evident that this is a very exciting time for Golden Patriot's management and shareholders. Golden Patriot's shares are currently trading more than 60% below the recent highs set, despite now having a major looking at one of our gold properties and that we are about to start a major drill program on our past producing uranium mine. Based on these factors, management feels that the shares may be not be reflecting the company's current value in relation to our historic stock price."

Golden Patriot has interests in mineral properties involving uranium and gold mining. As it stands, Golden Patriot is one of if not the smallest market capitalized company that has interests in any present or past producing uranium mines.

To receive timely updates and information on any future developments as they occur please email us at info@goldenpatriotcorp.com.

Contact: Brad Rudman
Tel: 212-760-0500
www.goldenpatriotcorp.com

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