is this just a dream from managementhttps://www.atgoldinc.com/home/current-status-of-atlanta-gold-project
Current Status of Atlanta Gold Project
The Company’s current exploration program is focused on the Atlanta Shear Zone which has a surface expression that is 3,474 metres (11,400 feet) long, 9 to 37 metres (30 to 120 feet) wide and extends from surface to a known vertical depth of 610 metres (2,000 feet) with numerous veins branching off to the northwest and southeast of the main Shear and with satellite mineralization systems in areas surrounding the main Shear, including the 1,219 metre (4,000 foot) long Tahoma structure which is located approximately 805 metres (half a mile) north of the main Shear. Management believes that there is significant upside potential in these satellite systems which have all hosted historic mines. Historic production of 344,000 equivalent ounces Au combined with the remaining March 30 2009 NI 43-101 compliant resource estimate of 474,900 equivalent ounces Au down to a vertical depth of 305 metres (1,000 feet) establishes original mineralization of approximately 819,000 equivalent ounces of gold in the top 305 metres (1,000 feet) of the main Shear. The exploration hypothesis at Atlanta is that this original 819,000-equivalent ounce resource is representative of continued layers of the Shear at depth. If this concept proves to be correct, it will corroborate management’s belief in the multi-million ounce potential of the AtlantaBased on a calculation using historic production data and exploration results to date and on conservative assumptions (e.g. 50% probability of continuity to a vertical depth of 305 metres (1,000 feet) below existing mine workings; no continuity below a vertical depth of 610 metres (2,000 feet); taking into account only 50% of the length of the Atlanta Shear Zone, the Company estimates that Atlanta has a potential resource of 3.6 million+ equivalent ounces of gold and 11.2+ million ounces of silver (Ag). While this is not a “43-101” calculation, it indicates the potential upside of the Atlanta project. All exploration results to date corroborate (i.e. nothing contradicts) this hypothesis.