Patricia Mining Corp.

Patricia Mining Corp.

June 06, 2005 10:03 ET

Patricia Mining Corp. Announces Project Updates At The Island Gold Site

TORONTO, ONTARIO--(CCNMatthews - June 6, 2005) - Patricia Mining Corp. (TSX VENTURE:PAT) (Patricia Mining) is pleased to update progress at the Company's Island Gold Project. Richmont Mines Inc. (Richmont Mines) has now been the Manager of the Project, since January 1, 2005. Richmont Mines began mobilizing men and equipment in December 2004 and has replaced the mining contractor.

The ramp has been driven down an additional 50 meters from the 140 meter level to the 190 meter level at the Island deposit and will provide a platform to access mineralized zones. Sill development in the mineralized zone at the 190 meter level will commence in June 2005 creating mineralized stock piles on surface. The plan of development for 2005 will take the ramp down to a depth of 270 meters.

A new ventilation drift was developed and driven 218 metres laterally that will allow a ventilation and second egress raise to be driven to surface. The ventilation raise to surface will be completed in July 2005. The new ventilation drift crossed strong mineralization in the North Shear Zone The North Shear Zone is accessible from the current underground development. It should be noted that mineralization in the North Shear Zone is not included in the current resource estimate for the Island Gold deposit.

Infrastructure including a permanent water sump, a mobile maintenance shop and powder magazine has been constructed. A compressor plant is in the late stages of construction and is expected to be operational by July 2005.

It is expected that the first $5 million of expenditure by Richmont will be completed on the Island Gold Project by August of 2005. At that point Richmont Mines will have earned a 25% interest in the project.

On June 7th 2005 the Company's web site will be updated with the Presidents review of the progress at the Island Gold Project as presented at the Company Annual General Meeting to be held on June 6th 2005 4:30 p.m. at the Toronto Board of Trade Ketchum/Osgoode Room, Toronto, Ontario

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

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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