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


To: Blake who wrote (214)3/4/1998 10:36:00 PM
From: Blake  Read Replies (1) | Respond to of 509
 
ATNA RESOURCES LTD. - LOVELAND PROPERTY DRILLING
COMPLETE, DRILLING TO COMMENCE ON ATNA /
FALCONBRIDGE TEMAGAMI PROJECT

VANCOUVER, B.C.--
Four drill holes have been completed on the Loveland volcanogenic massive
sulphide property ( VMS ) located near Timmins, Ontario. All holes
intersected felsic volcanic rocks, with minor mineralization reported
in some holes. Core samples have been submitted for geochemical sampling to
determine the alteration / mineralization signatures along a favorable
horizon. Further interest in the property will depend on results from these
studies.

A five hole drill program has commenced on the Atna / Falconbridge Temagami
(VMS) joint venture project near North Bay, Ontario. Recent exploration on
the Chambers Grid indicated polymetallic mineralization with coincident
geochemical and geophysical anomolies in areas of highly altered and
mineralized rhyolitic rocks. Drilling is focused on testing several
attractive targets on the Chambers Grid.

Incentive stock options have been granted to employees of the company to
purchase up to 60,000 common shares, subject to acceptance by the applicable
securities regulatory authorities. The options will be granted for a period
of ten (10) years, commencing on March 4, 1998, at $ 1.37 per share.

Atna Resources is a well financed Canadian mineral exploration company with
expertise in the recognition of under-explored geological terrains with high
potential for containing polymetallic base and precious metal deposits.
Atna's projects include the high grade Wolverine massive sulphide deposit and
the recently discovered Wolf massive sulphide deposit both located in the
Yukon.
-30-

For further information contact:
Peter DeLancey, President or
Michael Williams, Investor Relations
Tel: ( 604 ) 684-2285, E - Mail atna@atna.com
www.atna.com