Patricia Mining Corp.

Patricia Mining Corp.

November 07, 2005 16:28 ET

Patricia Mining Corp. Announces a Surface Drilling Program on the Goudreau Property

TORONTO, ONTARIO--(CCNMatthews - Nov. 7, 2005) - Patricia Mining Corp. (TSX VENTURE:PAT)(Patricia Mining) is pleased to announce that a surface drilling program comprising of 3100 metres of core drilling will commence in December 2005. This program will be funded by Patricia Mining. The purpose of the program is to further explore the Goudreau Zone at the Company's Island Gold Property and expand on the resource. A total of nine holes are planned to be drilled. The cost of the program is estimated at $287,500. This surface drilling program is being funded by Patricia Mining and will increase the ownership interest in the Goudreau Property. This program will be followed by further exploration in 2006. Richmont Mines Inc. maintains its earn-in rights to the increased ownership by funding 55% of the program within 30 days of interest being acquired.

Patricia Mining is pleased to announce that the appointment of James White to board of directors. Mr White is the Chief Executive Officer and Founder of Baynes & White, a medium sized actuarial consulting firm in Toronto. He is a current shareholder of Patricia Mining and is also a director of Sydney Resource Corporation a public company listed the TSX-V.

Patricia Mining is also announcing an annual grant of 560,000 options at an exercise price of $0.73 per share to management and directors of the company. This grant has been reviewed by the compensation committee and approved by the board of directors. These stock options are part of the total compensation package of management and the directors. The option grants will have a five year term and are subject to approval by the TSX Venture Exchange.

Address: 8 King Street East, Suite 1300, Toronto, Ontario, Canada, M5C 1B5

Symbol & Exchange: PAT - TSX Venture Exchange (TSX-V)

This release was prepared by management of the Company who takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs at the Island Gold Project, future profitability and production.

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