First assay results from DR. DeLancey returned with partial core from second hole.
Intersection went from 1.5 metres on Hole 1 to 3.1 metres on Hole 2.
Press Release Disclaimer
ATNA RESOURCES LTD.
ATNA RESOURCES LTD. - HIGH GRADE INTERSECTION ON SAN
ANTONIO I CONCESSION
Article #:
27857
Date:
3/12/99 9:05:26 AM
Dateline:
VANCOUVER, B.C.
Stock Symbol:
ATN
Wire:
ISDN
Atna Resources Ltd. is pleased to report that it has completed
four holes of the 7-10 hole, 2,000 metre drill program on the San
Antonio I Concession in the Dominican Republic. All of the holes
intersected massive sulphide mineralization at the contact
between hanging wall, bedded sedimentary rock and footwall,
pyritic quartz sericite schists. The holes are drilled at 100
metre step-outs. The massive sulphide mineralization has now been
intersected 400 metres along strike and 120 metres down-dip.
These intersections may represent the up-dip edge of a deposit.
The core is being split with half being shipped to Canada for
assay; results from these intersections will be reported in
approximately 3 weeks. Core from hole SA 99-02 was recently
brought to Canada by an Atna employee. A length weighted average
grade for the 3.1 metre intersection in SA 99-02 is 8.55% zinc,
3.39% copper, 0.13% lead, 1.38 g/t gold and 185.2 g/t silver from
152.4 to 155.5 metres.
Drill holes SA 99-05 and 06 will test coincident geological,
geochemical and geophysical anomalies located 1,000 metres and
1,600 metres along strike to the southeast. Further drilling is
planned to test the extent of the mineralization intersected in
holes SA 99-01, 02, 03 and 04, down-dip and along strike.
The target on the 34.5 square kilometre San Antonio I Concession
is a copper-zinc-gold volcanogenic massive sulphide (VMS)
deposit. Atna is earning a 60% interest from Energold Mining Ltd.
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$15 million.
- 30 -
Signed "Peter R. DeLancey"
______________________
President
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
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