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

To: Blake who wrote (258)	5/29/1998 7:42:00 PM
From: Blake	Read Replies (1) \| Respond to of 509

Either way, at least somebody wants the Wolverine deposit! Cheers, Blake Atna Resources Ltd - Wolverine negotiations Atna Resources Ltd ATN Shares issued 20203788 1998-05-28 close $1 Friday May 29 1998 Also Expatriate Resources Ltd (EXR) Also Boliden Ltd (BOL) Mr. Peter LeLancey reports In response to shareholders' requests, Atna Resources would like to expand on its press release of May 27, 1998 (Stockwatch May 28) concerning the intention of Boliden Westmin Limited to sell its 60 per cent interest in the Wolverine deposit to Expatriate Resources. Atna, with a 40 per cent interest in the Wolverine deposit, has been negotiating in good faith with its joint venture partner Boliden for the purchase of Boliden's 60 per cent interest. These negotiations commenced in March 1998, and Atna believed progress was being made toward the purchase, which would give Atna 100 per cent interest in the Wolverine deposit. The Wolverine joint venture agreement has a comprehensive right of first refusal section which addresses the responsibilities of a partner should it receive an offer from a third party (Expatriate). One exception to this right of first refusal clause in the Wolverine joint venture agreement is disposition to an "associated company," defined as one where the ownership is 30 per cent or greater. Boliden owns 18 per cent of Expatriate shares and hence Expatriate is not an associated company of Boliden. Atna believes any attempt by Boliden to now increase its interest in Expatriate to 30 per cent or greater would be a flagrant attempt to circumvent the right of first refusal and would be vigorously opposed by Atna. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Blake who wrote (258)	5/30/1998 6:13:00 PM
From: Kaiser Soza	Read Replies (1) \| Respond to of 509

Blake, Your comments detailing the Expatriate group (Archer Stephen group of Companies)are right on, this is a group that can make things happen with the Wolverine. In addition, these were the guys who started YGC Resources which was sold off and eventually JV'd with Atna. They also control Cash Resources, a company with a 55 million ton coal reserve in the Yukon (KSH.V) These guys also originally had the claim where Wolverine was discovered (Kink claim I think). Their company Nordac Resources has a royalty interest if/when it ever gets into production. Expatriates Puck claim, which is a driver/7 iron away from the discovery hole at Wolverine holds some potential for increased tonnages as well. If Atna starts a court fight, are they starting it against the company that holds the best chance of beating the selenium problem?? It looks to me like the technology (Metal Leach) was sold first (to increase ownership to 30%+) and the property was done second. Any comments. Regards, Kaiser...