Patriot Gold Corp. filed its 10-K on August 28, 2009 for the period ending May 31, 2009. In this report its auditor, Robison, Hill & Co., gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Patriot Gold Corp. approved an additional drilling program at its Moss Mine Project located in northwestern Arizona near Bullhead City. After considering the favorable drilling results and initial metallurgy from the project, the board has authorized an exploration plan that funds further drilling to potentially enlarge the resource at depth. Additional metallurgical testing of the proposed drilling will help determine the minability of the deposit. A new resource calculation will also be conducted sometime after drilling is completed. A program of six or seven core holes is planned to test the down-dip extension of the Moss vein system. Total drilling footage planned is 3,000 feet. The drilling will test approximately 2,000 feet of strike length of the vein and is expected to take six to eight weeks to complete. After all core is logged and one-quarter of the core is assayed, the remaining three-quarter core will be sent for column leach testing. A long leach cycle will be used to determine whether gold/silver recoveries continue to improve beyond the 109 day test previously conducted. A metallurgical company will be chosen to conduct the testing at a later date.

Patriot Gold Corp. announced the results of initial metallurgy conducted on core samples from its Moss Mine Project located approximately 70 miles southeast of Las Vegas, Nevada. The program was conducted to test the potential for heap leaching the gold/silver mineralization at Moss, a less expensive recovery system than conventional milling. The tests were conducted by METCON Research of Tucson, Arizona. Prior to conducting a column leach study, an agitated cyanide leach study (bottle roll) was conducted on four samples at minus 10 mesh and 150 mesh (pulverized) crush sizes to compare oxide to sulfide recoveries and determine reagent consumption. The Moss Mine deposit contains minor pyrite below a depth of approximately 200 feet. The results of the 96 hour test, shown below, indicate similar extraction percentages for sulfide and oxide. This indicates that even the deeper, un-oxidized mineralization at Moss may be leachable. Reagent consumption was minimal. The locked cycle column leach tests were conducted on the Moss core at 80% passing 1 inch, 1/2 inch and 1/4 inch crush sizes. Three test charges were reconstituted and loaded into 4 inch diameter PVC columns to a height of approximately 3.5 meters. Prior to loading the columns, the sample was agglomerated with water and lime. The columns were leached for 109 days.