$2 million summer drilling program planned.
ATNA BUDGETS $2 MILLION FOR AGGRESSIVE SUMMER DRILL
PROGRAMS
Wednesday, June 23, 1999, 9:00 AM EDT
Atna Resources Ltd. is pleased to announce the 1999 summer
exploration programs for the San Antonio, Dry Creek and Caribou
Dome properties.
A minimum five hole drill program on the San Antonio volcanogenic
massive sulphide (VMS) property, located in the Dominican
Republic, will commence the first week of July. Drilling will
follow-up high grade intersections in the La Parcela Zone;
SA99-01 intersected 3.4 metres grading 5.9% copper, 3.5% zinc,
0.1% lead, 85.7 g/t silver and 2.27 g/t gold and a 1.4 metre
intersection grading 2.4% copper, 10.5% zinc, .01% lead, 142.7
g/t silver and 1.10 g/t gold, and a high grade intersection in
the Copper Zone 2 kilometres southeast along trend; SA99-07
intersected 1.9 metres of 1.2% copper, 15.8% zinc, 0.03% lead
24.0 g/t silver and 1.31 g/t gold. In addition, gold and base
metal soil/rock anomalies with coincident IP will be drill
tested. Atna is earning a 60% interest in the San Antonio
property from Energold Mining Ltd.
Starting in mid-July Atna will carry out a 10,000 ft drill
program on the Dry Creek property in Alaska. Atna plans to
aggressively drill the down-dip extensions of the high grade DC
North massive sulphide zone. Two diamond drills are on the
property. Atna is earning a 51% interest in the Dry Creek and
Anderson Mountain properties from Grayd Resource Corporation.
Significant intersections from Dry Creek include hole DC98-60
which cut 160 ft averaging 0.1% copper, 2% lead, 4.2% zinc, 0.01
oz. gold, and 2.1 oz. silver and hole DC97-4 which intersected 11
ft. grading 0.88% copper, 11.7% lead, 25.9% zinc, 0.10 oz gold
and 10.1 oz. silver.
A program of mapping, geochemistry, geophysics and diamond
drilling on the Caribou Dome property will commence in July.
Located in Alaska, the property hosts stratiform copper
mineralization that is geologically similar to the Kupferschiefer
deposits in Europe and the Zambian copper deposits in Africa. The
deepest previous drilling intersected 50.6 ft grading 7% copper,
800 ft below surface. Atna is earning an 100% interest in the
Caribou Dome property.
In addition to these three drilling programs, Atna with Joint
Venture partner Expatriate Resources Ltd. have initiated
investigations to resolve metallurgical concerns imposed by the
high selenium content in the rich Wolverine Deposit.
Atna Resources Ltd. is a Canadian mineral exploration company
with a track record for discovering significant massive sulphide
deposits. Atna trades on the Toronto Stock Exchange under the
symbol ATN and has a treasury of approximately C$14 million.
- 30 -
For further information contact:
ATNA RESOURCES LTD.
Peter DeLancey, President or
Michael Williams, Investor Relations
Tel: (604) 684-2285; Fax (604) 684-8887
E-mail: atna@atna.com
atna.com
ATNA RESOURCES
LTD.
(Mining)
atna.com
TSE: ATN
0.810
N/A
© 1999 BCE Emergis
|
