 Gold Anomalies Discovered on Nevada Gold Property
Golden Patriot, Corp. ("GPTC") is extremely pleased to announce an update on the results of exploration work conducted to date on GPTC's Gold View Property. According to the operator, the geochemical survey has identified a gold anomaly in association with major structural intersections identified in the geophysical survey on the Gold View Property in the Cortez Trend of Nevada.
The Gold View Property is located in the Cortez trend of Nevada, approximately 3 miles east of the Tonkin Springs deposits (650,000 ounces of gold), and consists of approximately 1,450 acres (587
hectares) containing 76 unpatented lode claims.
As reported by Minterra Resources Corp., GPTC's joint venture partner on the Gold View Prospect, in their press release on July 17, 2005, "In an April 10, 2005, report entitled "Gold View property - gravity survey and GIS database," James L. Wright, MSc, geophysicist, concluded that along the property's southwestern block there is a wedge shaped pediment that demonstrates a width of 750 metres to 250 metres from south to north over a length of at least 2.2 kilometres which represents a considerable area available for exploration. Of particular note are two areas of structural intersections indicated along the basin bounding fault within the pediment. Mr. Wright considered the northern structural intersection the most significant as it represents the intersection of major north-northwest and east-northeast bearing structures. Mr. Wright reports that "the north-northwest bearing structure can be clearly demonstrated to extend to the south directly to the Afgan Kobeh gold deposit, and
GPTC's joint venture partner has an option to acquire a 50% interest in the Gold View Property from GPTC, by incurring exploration expenditures totaling CDN $1-million over a three-year period (CDN $125,000 in 2005).
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