GPTC Golden Patriot Corporation (CE)

Golden Patriot, Corp. ("GPTC") (OTCBB:GPTC) is extremely pleased to announce that Mr. Bradley Rudman of New York has been appointed president of GPTC. Mr. Rudman has an extensive financial background and was a financial consultant for many years. Mr. Rudman brings a wealth of new contacts within the Wall Street area that should bring a whole new audience to GPTC. Bradley Rudman, new President of GPTC stated, "This is a great opportunity to become directly involved with the company. I will bring a fresh approach to the company and renewed energy that has been lacking in the stock for the past year. My first order of business will be to have much greater contact with our loyal shareholders and create stronger lines of communications. GPTC is now trading near its all time low despite actually having more projects in the works than at any other time in the company's history. I am looking forward to building the company and feel this is a great floor level opportunity. I believe exciting times are ahead for GPTC's management and shareholders." Mr. Conrad Clemiss has decided to pursue opportunities in the real estate market. Mr. Clemiss states, "I have decided that it is unfair to the shareholders of GPTC if the president does not have the time to be 100% committed to the growth of the company. Knowing Mr. Rudman as I do, I cannot think of a stronger person to fulfill this role and bring a substantial new approach and wealth of new contacts to GPTC. This is a very positive move for GPTC going forward." GPTC has been notified by Ashworth Explorations Ltd. ("Ashex"), that the first phase of a two phase work program on the Lucky Boy property has commenced. 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 in the Lucky Boy Uranium Project in Arizona. 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. 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.