MISSISSAUGA, Ontario, July 31, 2006 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Golden Patriot Corp. (OTCBB:GPTC).
Golden Patriot has interests in mineral properties involving uranium and gold mining. The primary focus of Golden Patriot is the development of the past producing Lucky Boy Uranium mine in Gila County, Arizona, which recently achieved a major milestone of receiving Government and State approval of the 'Plan of Operations'. The Lucky Boy Uranium Project consists of 700 acres including 26 BLM claims on the property. The Lucky Boy Project is a past producer and was one of the first producing uranium mines in the state of Arizona. The Lucky Boy mine, using heap leaching and ion exchange recovery, produced about 5,000,000 pounds of uranium ore in the 1950s.
According to iNi data, between 1985 and 2003 commercial reserves of uranium in the world diminished by 50%. Only 55% of the uranium consumed in 2003 had been mined that year. However, uranium reserves are being depleted with every passing year. Golden Patriot's other property, The Gold View Property, is located in the Cortez trend of Nevada, approximately 3 miles east of the Tonkin Springs deposits, and consists of approximately 1,450 acres containing 76 unpatented lode claims.
A complete GPTC profile can be viewed at: http://www.allpennystocks.com/apsc/us/stock_profiles/gptc.htm
About AllPennyStocks.com Media Inc.:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Golden Patriot Corp. (OTCBB:GPTC); the amount is five thousand dollars by the company for its efforts in presenting the GPTC profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/gptc.htm.