Carpathian Gold Inc. - Commencement of Drilling Programs, Romania and Oravita Exploration Update

TORONTO, Oct. 3 /CNW/ - Carpathian Gold Inc. (CPN:TSX-Venture) is pleased to announce commencement of an exploration drilling program on the copper gold targets on the Oravita License in southwestern Romania. It is anticipated that approximately 3,000 metres of reverse-circulation and diamond-core drilling will be completed during this year in Romania, with the majority of the drilling on the Oravita License.

During the summer field season, Carpathian continued to define and outline its drilling targets on the northern portion of the Oravita License, specifically along the 3.5 km long 'Talva-Trend' copper-gold soil anomaly.
Grid mapping - grab sampling and ground geophysics (magnetometer and I.P surveys) were completed along this trend. Assay results from this recent work encountered gold grades in the range of 0.07 g Au/t to 35.3 g Au/t and copper grades in the range of 0.31% to 3.79%. See the table below for detailed results. The above sample results are in addition to previously reported results with copper assays ranging from 0.4% to 4.2% Cu and gold assays
ranging from 0.11 g Au/t to 4.41 g Au/t (see Press release of March 30, 2005) and copper + gold mineralization ranging from 0.86 g Au/t to 3.62 g Au/t and 0.45% to 3.52 % Cu. (see press release of March 16, 2005).

This field work defined 3 distinct mineralized zones along this trend all within close proximity of one another. These are 1) a gold-copper- bearing magnetite skarn zone (1000 meter strike length, "Magnetite Zone") 2) a zone of
copper-bearing hornfels (600 meter strike length, "Talva Mica Zone") and 3) a zone of disseminated copper + gold hosted in altered granodiorite porphyry (long dimension 500 meters, "NE Zone") For a map of these mineral zones refer to the Company's web site www.carpathiangold.com . Due to lack of outcrop exposure, these mineralized zones are defined through mapping and sampling (380 total samples) of an extensive array of historical near-surface exploration workings that have provided good indications of the mineralization style and size potential in conjunction with ground geophysics and historical underground geological data where available.

The Talva Mica zone is the surface expression of copper mineralization defined by a Romanian State Exploration adit 150 - 300 metres below the surface in the 1990's. This adit, previously reported, encountered closely-
spaced copper mineralized structures over a 50 to 70 metre width and 300 metre strike length of high grade copper mineralization hosted within a hornfels unit. Within this zone reported assay intersections of these structures
include 12 metres at 2.76% Cu; 10 metres at 5.10% Cu; 7 metres at 1.17% Cu; and 2 metres at 7.87% Cu, 0.20% Mo. (see Carpathian press release dated April 18, 2005). From the surface sampling program it appears as if the copper mineralization grade may increase with depth. Surface mapping and sampling also appears to have extended this zone 200 metres to the northeast.

In addition to the drilling program on the Oravita License, a small follow-up drill program will be completed on the Company's Baiut Gold Project in the Baia Mare Mining District of northern Romania. On this project the
Corporation has defined a N.I. 43-101 compliant inferred resource of 341,200 tonnes of 4.75 g Au/t defined from underground sampling of three Romanian State exploration underground levels (see 43-101 report on WWW.Sedar.com). The average width of the exposed mineralization in cross cuts is 6.1 metres and is
open along strike and at depth. The objective of this program is to follow up the favourable metallurgical test work results previous reported in June of this year from which two metallurgical samples collected returned 95.3% and
93.0% gold recovery utilizing Bio-Oxidation followed with convention cyanide leach technology on sulfide concentrates (see press release of June 23, 2005). The drilling program is designed to determine the potential to significantly increase the projects resource base by core drilling into the footwall and hanging wall of the defined zone and determine if it can be extended along its width and strike.

All samples collected from any program in the country are prepared and analysed at the independent SGS Ltd laboratory in Gura Rosiei, Romania, using industry-standard fire assay techniques for gold on 50 g sample-charges with AAS finish. Blanks and known gold-standards are inserted on a routine basis and together comprise 10% of submitted samples. Mr. Dino Titaro is the in-house Qualified Person (as defined in National Instrument 43-101) overseeing the design and implementation of the present exploration programs and responsible for preparing the technical information contained in this news release.

Carpathian Gold Inc. is a mineral exploration company focused on gold and copper exploration on its properties in Romania.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward- looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

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    Highlights of recently received assay results from prospect-pit dump
    sampling within the mineralized zones are as follows:

    <<
    Sample    Mineralization zone    Au (g Au/t)    Cu (%)

    ---------------------------------------------------------
    OSH-38    Magnetite Zone             35.2        3.79
    ---------------------------------------------------------
    OSH-26    Magnetite Zone             7.68        0.17
    ---------------------------------------------------------
    OSH-39    Magnetite Zone             6.63        0.39
    ---------------------------------------------------------
    OSH-37    Magnetite Zone             4.64        0.12
    ---------------------------------------------------------
    OSH-35    Magnetite Zone             3.26        1.01
    ---------------------------------------------------------
    OSH-34    Magnetite Zone             1.72        0.16
    ---------------------------------------------------------
    OSH-40    Magnetite Zone             0.99        0.52
    ---------------------------------------------------------
    OSH-32    Magnetite Zone             0.76        0.31
    ---------------------------------------------------------
    OCA-7     Talva Mica zone            0.14        5.68
    ---------------------------------------------------------
    OSH-45    Talva Mica zone            0.10        1.78
    ---------------------------------------------------------
    OSH-15    Talva Mica zone            0.16        1.34
    ---------------------------------------------------------
    OFA-67    Talva Mica zone            0.08        1.24
    ---------------------------------------------------------
    OSH-24    Talva Mica zone            0.10        0.72
    ---------------------------------------------------------
    OFA-69    Talva Mica zone            0.07        0.71
    ---------------------------------------------------------
    OFA-89    NE Zone                    1.41        1.84
    ---------------------------------------------------------
    OFA-92    NE Zone                    0.24        1.78
    ---------------------------------------------------------
    OFA-91    NE Zone                    0.21        1.51
    ---------------------------------------------------------
    OFA-93    NE Zone                    0.15        1.28
    ---------------------------------------------------------
    OFA-90    NE Zone                    0.59        1.21
    ---------------------------------------------------------
    OSH-48    NE Zone                    0.21        1.21
    ---------------------------------------------------------
    OFA-94    NE Zone                    0.14        1.18
    ---------------------------------------------------------
    OFA-54    NE Zone                    0.12        1.11
    ---------------------------------------------------------
    OFA-60    NE Zone                    0.17        1.11
    ---------------------------------------------------------
    OSH-49    NE Zone                    0.19        0.81
    ---------------------------------------------------------
    >>
    %SEDAR: 00018939E

The granting of the options is subject to regulatory acceptance.

"The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."

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For more Information please contact:
Dino Titaro, President and CEO
Website: : www.carpathiangold.com
Tel. +1 (416) 368-7744 (CAN)
Fax. +1 (416) 368 2579 (CAN)
e-mail info@carpathiangold.com

OR

Eric Leboeuf, Investor Relations
Tel. +1 (514) 341-0408 or
1-866-460-0408
Fax. +1 (514) 341-1527
e-mail: ericleboeuf@paradox-pr.ca