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Core Drilling Initiated at Toiyabe Project, Nevada
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Vancouver, British Columbia ... Golden Oasis Exploration Corp.
(TSX-V:GOT) is pleased to announce that it has initiated a 21,000 foot
drilling program at the Toiyabe project, located within the Battle
Mountain-Eureka trend in Northern Nevada.Toiyabe project, located
within the Battle Mountain-Eureka trend in Northern Nevada.

A core drilling program of the Courtney A fault has begun. This program
involves drilling several oriented core holes to determine the exact
orientation of the mineralized structure. A total of 8 core holes are
planned with the deepest being 1,000 feet.

After completion of the core drilling program, RC drilling will
commence to follow both the Courtney A and B structures to depth. A
total of 18,000 feet of RC drilling is planned. The program is expected
to be completed in the Fall.

The Courtney A and B faults occur near the eastern edge of a
down-dropped fault block called a "graben". This graben is one of two
large north-northwest trending down-dropped features interpreted from
Golden Oasis's recent CSMT geophysical survey. The interpretation was
by Frank Fritz of Fritz Geophysics. Frank also interpreted a set of
east-west structures cross-cutting the grabens. Grabens and their
associated structures host mineralization at the Cortez Hills deposit
to the north (7.5 million ounces of gold).

Richard Kern (P.Geo) of Reno, Nevada, is the Company's qualified person
on the project as required under NI 43-101and has prepared the
technical information contained in this press release.

Golden Oasis is dedicated to the principles of environmentally sound
mining practices and believes that environmental stewardship and mining
can co-exist. For details on the Company and its properties, see the
prospectus of the Company dated February 9, 2006, available on SEDAR at
www.sedar.com.

ON BEHALF OF THE BOARD

Signed "Robert Eadie"
Robert Eadie, Chief Executive Officer and Director

For further information, please contact: Robert Eadie
Telephone: 1-604-602-4935 / Toll Free: 1-866-602-4935
Facsimile: 1-604-602-4936 / Website: www.goldenoasis.ca

The TSX Venture Exchange has not reviewed nor does it accept
responsibility for the adequacy or accuracy of this press release.

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Copyright (c) 2007 GOLDEN OASIS EXPLORATION CORP. (GOE) All rights
reserved. For more information visit our website at
http://www.goldenoasisexploration.com/ or send
mailto:info@goldenoasisexploration.com
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