LAS VEGAS, May 8 /PRNewswire-FirstCall/ -- Patriot Gold Corp. (OTC Bulletin Board: PGOL) today announced the results of its drilling program at its Moss Mine Project located 10 miles east of Bullhead City, Arizona and approximately 70 miles southeast of Las Vegas, Nevada. Located within the Oatman District which has had historic production of +2 million ounces of gold, the Moss vein system can be traced on surface for over a mile. Dipping 40-60 degrees to the south from a high ridge, the quartz-calcite veins and stockworks are being drilled as a bulk minable gold target. Patriot has drilled a total of 15,218 feet in 48 holes. All were reverse circulation (RC) except for 6 core holes. The drill holes have been angled so that they cross the vein at 90 degrees to vein dip where possible. Therefore, true widths will be 80-100% of the intercepts listed. Results include thick intercepts of +0.03 oz/ton gold equivalent values. Among the more exceptional values are 80 feet of 0.081 oz/ton gold equiv. in AR-7, 75 feet averaging 0.046 oz/ton gold equiv. in AR-12, 75 feet at 0.071 oz/ton gold equiv. in AR-23, 95 feet at 0.051 oz/ton gold equiv. in AR-34, and 88 feet at 0.044 oz/ton in AR-50C. A 0.03 oz/ton gold equiv. cutoff was used to tabulate the results as shown below. Patriot holds the Moss property via 65 unpatented mining claims and 15 patented claims (1,600 total acres). The project area is underlain by Tertiary age quartz monzonite intrusive intruding Tertiary age volcanics. Precambrian basement rocks underlie the volcanics. The Moss veins trend nearly east-west and dip to the south. The veins consist of quartz-calcite and lesser adularia. Minor pyrite occurs within the veins at depth. The original target for Patriot at Moss was a bulk minable deposit with a conventional mill used to recover the gold/silver. While this is still an option the company is now doing work to establish the possibility of heap leaching the deposit. This would lower mining and capital costs for the project if feasible and allow mining of lower grade material. With the possibility of being able to mine the deposit to greater depth Patriot plans further work at Moss to test the down-dip extension of the mineralization. A map of the drilling will be placed on the company's website http://www.patriotgoldcorp.com/ in the near future. MOSS PROJECT DRILL HOLE ASSAY SUMMARY HOLE-ID FROM TO INTERVAL AU AG AU EQUIV (ft) (ft) (ft) (oz/ton) (oz/ton) (oz/ton) AR-1 0 40 40 0.028 0.32 0.033 AR-2 140 165 25 0.048 0.93 0.063 AR-3 155 165 10 0.028 0.79 0.041 AR-4 35 45 10 0.041 0.09 0.043 AR-5 35 80 45 0.036 0.52 0.045 AR-6 130 160 30 0.064 0.69 0.075 AR-7 200 280 80 0.072 0.56 0.081 AR-8 25 60 35 0.038 0.52 0.047 AR-9 95 140 45 0.041 0.35 0.046 AR-10 225 250 25 0.031 0.33 0.036 AR-11 30 80 50 0.045 0.73 0.057 AR-12 105 180 75 0.037 0.51 0.046 AR-13 50 65 15 0.047 0.67 0.059 AR-14 140 195 55 0.041 0.46 0.049 AR-15 55 85 30 0.041 0.55 0.051 AR-16 45 75 30 0.056 1.31 0.078 AR-17 100 110 10 0.035 0.57 0.045 AR-17 140 170 30 0.055 0.82 0.069 AR-18 135 172 37 0.119 1.25 0.140 AR-19 60 75 15 0.048 0.74 0.060 AR-20 155 165 10 0.026 0.15 0.029 AR-20 175 190 15 0.119 1.09 0.137 AR-21 65 70 5 0.024 0.35 0.029 AR-22 115 130 15 0.031 0.88 0.046 AR-22 150 170 20 0.033 0.66 0.044 AR-23 275 305 30 0.074 0.58 0.084 AR-23 315 390 75 0.063 0.48 0.071 AR-24 205 210 5 0.058 0.61 0.068 AR-24 270 295 25 0.032 0.64 0.043 AR-25 80 90 10 0.038 0.31 0.043 AR-26 190 195 5 0.058 0.06 0.058 AR-27 95 105 10 0.156 1.85 0.187 AR-28 185 190 5 0.026 0.85 0.040 AR-29 5 10 5 0.025 0.23 0.029 AR-29 60 65 5 0.026 0.18 0.029 AR-30 90 100 10 0.030 0.45 0.037 AR-30 140 185 45 0.032 0.44 0.039 AR-31 290 315 25 0.060 0.96 0.076 AR-32 270 280 10 0.024 0.39 0.030 AR-33 110 120 10 0.023 0.56 0.032 AR-33 275 330 55 0.067 0.43 0.074 AR-34 365 460 95 0.044 0.40 0.051 AR-36 10 15 5 0.036 0.29 0.041 AR-36 65 70 5 0.031 0.06 0.032 AR-37 600 605 5 0.033 0.03 0.033 AR-38 505 510 5 0.056 0.44 0.063 AR-38 560 565 5 0.030 0.18 0.033 AR-39 150 160 10 0.034 0.12 0.036 AR-39 175 190 15 0.050 0.40 0.056 AR-39 210 225 15 0.105 0.69 0.116 AR-40 No gold equivalent values over 0.03 oz/ton were intersected in this hole AR-41 Not drilled AR-42 10 20 10 0.030 0.32 0.035 AR-42 140 155 15 0.030 0.22 0.034 AR-42 235 240 5 0.025 0.32 0.030 AR-43 Not drilled AR-44 265 305 40 0.052 0.34 0.057 AR-45C 235 240 5 0.049 1.02 0.066 AR-45C 295 300 5 0.023 0.55 0.032 AR-45C 400 405 5 0.028 0.06 0.030 AR-45C 480 485 5 0.034 0.31 0.039 AR-46C 520 525 5 0.029 0.12 0.031 AR-46C 550 555 5 0.072 0.05 0.072 AR-46C 625 630 5 0.061 0.08 0.063 AR-47C 307 312 5 0.033 0.29 0.037 AR-47C 654 665 11 0.030 0.20 0.033 AR-47C 675 680 5 0.041 0.19 0.044 AR-47C 730 747 17 0.066 1.37 0.088 AR-48C 30 40 10 0.040 0.35 0.045 AR-48C 80 85 5 0.024 0.27 0.029 AR-48C 95 100 5 0.034 0.30 0.039 AR-48C 120 130 10 0.033 0.33 0.039 AR-48C 140 205 65 0.055 0.55 0.065 AR-49C 45 55 10 0.027 0.25 0.032 AR-49C 60 65 5 0.037 0.30 0.042 AR-49C 140 145 5 0.026 0.25 0.030 AR-49C 155 210 55 0.052 0.73 0.064 AR-50C 325 413 88 0.035 0.57 0.044 Note: Only includes gold equivalent values equal to or greater than 0.03 oz/ton. Silver to gold ratio is 60/1 for gold equivalent. True width is 80-100%. 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 the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at http://www.sec.gov/. Contact: Investor Relations 1-877-501-GOLD (4653) 1-702-456-9565 http://www.patriotgoldcorp.com/ DATASOURCE: Patriot Gold Corp. CONTACT: Investor Relations of Patriot Gold Corp., 1-877-501-4653, or +1-702-456-9565 Web Site: http://www.patriotgoldcorp.com/ http://www.sec.gov/

Copyright