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Atlanta Gold Inc ATLDF

Atlanta Gold Inc. is a Canada-based junior gold exploration and development company. The Company operates in the United States. It is engaged in the exploration, environmental compliance, construction and development of the Gold Atlanta Project (Atlanta Project). The Atlanta Project is a gold exploration property located near Atlanta, Idaho, United States. The Company is engaged in exploration of the Atlanta Project through its subsidiary Atlanta Gold Corporation. The Atlanta Project covers Approximately 2,160 acres (870 hectares) with various mines producing approximately 344,000 equivalent gold ounces. The Company also holds leaseholds over five patented ore claims called the Neal Property and interests in approximately seven additional claims located in Idaho, United States. Neal Property is located approximately 10 miles southeast of Boise, Idaho in the Elmore District and approximately 40 miles southwest of the Atlanta Project.


GREY:ATLDF - Post by User

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Post by bobsmith1on Sep 06, 2011 6:49pm
273 Views
Post# 19016035

54% Increase in resource estimate

54% Increase in resource estimateAtlanta Gold Inc. Files NI 43-101 Technical Report and Updated Resource Estimate on its Atlanta Gold PropertyCanada NewsWireTORONTO, Sept. 6, 2011 /CNW/ - Atlanta Gold Inc. (TSXV: ATG; OTCQX: ATLDF) announces that further to its news release of July 21, 2011 announcinga 54% increase in the Indicated gold equivalent resource at its AtlantaGold Property located in Elmore County, Idaho, the Company has todayfiled on SEDAR a Technical Report and Updated Resource Estimate. TheTechnical Report and Updated Resource Estimate dated September 1, 2011was prepared by P&E Mining Consultants Inc. of Brampton, Ontario and isalso available on the Company's website at www.atgoldinc.com.About the CompanyAtlanta Gold Inc. holds through its 100% owned subsidiary, Atlanta Gold Corporation,leases, options or ownership interests in its Atlanta properties whichcomprise approximately 2,159 acres (8.74 square kilometers) located 90air kilometers east of Boise, in Elmore County, Idaho. A long historyof mining makes Atlanta very suitable for development of new miningprojects. The Company is focused on advancing its core asset, Atlanta,towards mine development and production.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.For further information:Atlanta Gold Inc.: Bill Baird Vice President & CFO Telephone: (416) 777-0013 Fax: (416) 777-0014 E-mail: info@atgoldinc.com
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