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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (30956)	1/8/2009 8:17:52 PM
From: LoneClone	Read Replies (1) \| Respond to of 194913

ATW Gold Corp.: Drilling Continues to Deliver High Grade Sections Including 16 Metres Grading 9.8 Grams Per Tonne Gold Thu Jan 8, 11:44 AM ca.news.finance.yahoo.com VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 8, 2009) - ATW Gold Corp. (TSX VENTURE: ATW.V)(FRANKFURT:A3N) ("ATW" or the "Company") is pleased to report additional drill results from its wholly owned Burnakura Gold Mine ("Burnakura") located in Western Australia. Highlights include diamond drill hole #34 that has a 16 metre (m) intercept grading 9.79 grams per tonne (g/t) gold. To date, ATW has completed 40 core holes totaling approximately 8421 meters. Assay results are pending for holes NOA35-40. Assay results have now been received for drill holes NOA022-23, NOA027-29 and NOA31-34. Complete assays are contained in the table below: ---------------------------------------------------- Gold Hole # From To Length (g/t) ---------------------------------------------------- 8NOAD022 161 163 2.0 3.43 ---------------------------------------------------- 8NOAD023 154 156 2.0 1.72 ---------------------------------------------------- and 166 167 1.0 1.01 ---------------------------------------------------- and 182 183 1.0 9.08 ---------------------------------------------------- 8NOAD027 178 179 1.0 7.39 ---------------------------------------------------- and 184.8 185.1 0.3 6.07 ---------------------------------------------------- and 200 203 3.0 2.17 ---------------------------------------------------- and 205 206 1.0 8.02 ---------------------------------------------------- and 230 231 1.0 1.86 ---------------------------------------------------- 8NOAD028 206.1 206.85 0.75 1.02 ---------------------------------------------------- and 214.9 216 1.1 11.21 ---------------------------------------------------- and 225.9 226.2 0.3 16.24 ---------------------------------------------------- and 230 237 7.0 1.45 ---------------------------------------------------- 8NOAD029 163 164 1.0 1.24 ---------------------------------------------------- and 182 183 1.0 1.51 ---------------------------------------------------- and 214 214.9 0.9 1.85 ---------------------------------------------------- 8NOAD031 178 180 2.0 4.73 ---------------------------------------------------- and 182 183 1.0 1.17 ---------------------------------------------------- and 189 190 1.0 3.68 ---------------------------------------------------- and 206 207 1.0 2.09 ---------------------------------------------------- 8NOAD032 180.4 183 2.6 11.53 ---------------------------------------------------- including 180.4 180.7 0.3 71.10 ---------------------------------------------------- 8NOAD033 193 194 1.0 6.45 ---------------------------------------------------- and 207.5 208.5 1.0 5.74 ---------------------------------------------------- 8NOAD034 123.1 124 0.9 1.47 ---------------------------------------------------- and 131 147 16.0 9.79 ---------------------------------------------------- Incl. 138.35 147 8.65 16.40 ---------------------------------------------------- Incl. 138.8 144 4.2 28.87 ---------------------------------------------------- Diamond drill hole #34 was designed to test the up-dip up-plunge extension of the mineralization encountered in discovery hole NOAD016, which included a 38 metre (m) intercept grading 3.0 g/t gold. All other drill holes listed were positioned to test the outer edges of the NOA2 lode. ATW's current mining plan is based on production from the NOA2 lode and the new lode currently being delineated. All samples were submitted for preparation and analysis using fire assay with an AAS finish to Genalysis Laboratory Services Pty Ltd at its facilities in Perth, Western Australia. The contents of this news release have been reviewed by Brent Butler who is a qualified person as defined by National Instrument 43-101. ATW GOLD CORP. Brent Butler, President & CEO "This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements." "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release." Contacts Luke Norman ATW Gold Corp. (604) 662-8184 or Toll Free: 1-877-662-8184 (604) 602-1606 (FAX) Email: investor@atwgold.com Website: www.atwgold.com