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Gold/Mining/Energy : ATNA ( v.atn t.atn)

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To: Stephen O who wrote (253)	5/28/1998 6:11:00 AM
From: Blake	Read Replies (2) of 509

The news is great for a couple of reasons. Expatriate is run by a group that has done extensive research and work in the Yukon over the years and is quite familiar with the territory. This is the same group who ran Ndu Resources which was amalgamated with United Keno Hill Mines. They are currently in the process of bringing the Elsa, Marg and Blende deposits into production. They have the financial connections with people like Lukas Lundin who incidentally is a director of Atna. This group obviously sees potential in the Wolverine deposit to take on the project. This is what the project needs, an injection of new enthusiasm into the project and with this Metal Leach Technology could be what is needed to get things back on track. With today's metal prices Atna's 40% stake looks rather insignificant but when they find a solution and metal prices rebound the picture could change dramatically. Companies like Noranda had to find a way to process Selenium! A solution for the Wolverine is out there somewhere. Cheers, Blake

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