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Gold/Mining/Energy : ATNA ( v.atn t.atn) -- Ignore unavailable to you. Want to Upgrade?


To: knight who wrote (478)12/1/1999 9:47:00 AM
From: George Castilarin  Respond to of 509
 
Atna Resources Ltd. and Energold Mining Ltd. - San Antonio I Concession Geophysical Results Encouraging Follow-up Drill Program Planned For Early Next Year
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 1, 1999--Atna Resources Ltd. (TSE:ATN. - news) and Energold Mining Ltd. (VSE:EGD. - news; VSE:EGD.UN. - news) recently completed a deep penetration TEM geophysical survey at the San Antonio I Concession, Dominican Republic.

The survey, which was carried out over most of the property, has outlined several conductors, coincident with favourable geology and surface geochemical anomalies. Some of the conductors are in areas of high-grade drill intersections (see previous releases) and may represent extensions to this mineralization along strike and down-dip. A drill program is planned for early next year to test priority geophysical targets. Initial drilling will be in the Copper Zone area where volcanogenic massive sulphide (VMS) type mineralization has been intersected in 5 drill holes over a 400 metre strike length and up to 120 metres down-dip.
ô Atna can earn a 60% interest in the San Antonio I Concession from

Energold Mining Ltd. by completing US$3 million in exploration and paying Energold US$300,000 in shares over a four year period. Atna has completed the second option payment by issuing the equivalent of US$40,000 in Atna shares.

--------------------------------------------------------------------------------
Contact:

ATNA RESOURCES LTD.
Peter DeLancey, President or
Michael Williams, Investor Relations, 604/684-2285
Fax (604) 684-8887
E-mail: atna@atna.com
atna.com
or
ENERGOLD MINING LTD.
Walter Sellmer, President or
Keith Schaefer, Investor Relations, 604/681-9501
Fax: (604) 681-6813
E-mail: keith@energold.com
energold.com



To: knight who wrote (478)1/2/2000 7:07:00 PM
From: knight  Read Replies (1) | Respond to of 509
 
FWIW:

Atna Resources Ltd -
Kaiser says buy Atna and hope for a spec cycle
Atna Resources Ltd ATN
Shares issued 20,296,519 1999-12-30 close $0.6
Friday Dec 31 1999
John Kaiser, writing in the November-December Bottom-Fishing Report (Dec. 28), says Atna Resources is a buy at 53 cents. Atna now joins Mr. Kaiser's list of 20 picks for 2000. Mr. Kaiser recommended the stock in December, 1998, at 67 cents. Earlier buy tips date to November, 1994 (30 cents), which was the lowest-price recommendation, and December, 1997, at $1.16, the high. In the current report, Mr. Kaiser notes Atna is a 40-per-cent joint venture partner with Expatriate on the 6.2 million tonne Wolverine polymetallic deposit in the Yukon. The project is burdened by a high selenium content, however. Cominco's nearby Kudz de Kayah deposit may improve the economics substantially, he says. Mr. Kaiser counsels that an alternative to whittling the $12-million treasury away through drill programs might be an asset acquisition strategy. For this to be effective, however, Peter Delancey will need to get a speculation cycle going, Mr. Kaiser contends.

(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com