Golden Patriot Corp announces Lucky Boy Uranium Prospect, Arizona

Mar 14, 2008 (M2 EQUITYBITES via COMTEX) -- RDNAF | news | PowerRating | PR Charts -- Golden Patriot Corp (OTCBB:GPTC), an exploration company with interests in both uranium and gold, declared on 13 March that Rodinia Minerals Inc has exercised their right to back-in option to purchase 40% of GPTC's 60% interest in the Lucky Boy Uranium Prospect in Gila County, Arizona.

The Lucky Boy Prospect reportedly consists of 14 BLM claims and an 80 acre state lease contiguous to those claims.

Additionally, the agreement between the two companies grants the option to acquire up to an additional 40% of the project from the operator in exchange for paying USD125,000 that was owed by GPTC to the operator of the prospect, as well as agreeing to spend the next USD400,000 in exploration costs on the property.

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