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

To: Kaiser Soza who wrote (265)	6/3/1998 10:08:00 AM
From: phoenix_investor	Respond to of 509

Atna's investment in Grayd again shows results. Grayd Resource Corporation - Massive sulphides intersected at Dry Creek Grayd Resource Corporation GYD Shares issued 12056631 1998-06-02 close $1.63 Wednesday Jun 3 1998 Mr. John McCluskey reports The 12,000 foot diamond drill program on the company's wholly owned Dry Creek property, Alaska, commenced May 26, 1998. The Dry Creek property is one of four projects Grayd will drill in 1998. Drilling at Dry Creek is currently being conducted in the Fosters Creek area of the DC North horizon. Significant widths of high-grade massive sulphide mineralization were intersected along the DC North horizon in 1997. Assay results from holes DC97-32 and 33 (1997) averaged 7.0 per cent lead, 15.4 per cent zinc, 239 grams/tonne silver (7.0 oz/ton) and 1.1 grams/tonne gold (0.03 oz/ton) over a true width of 5.8m (19 ft). Two holes of the 1998 program have been completed and a third is in progress; all holes have intersected massive sulphide mineralization containing lead and zinc. The first two holes, DC98-38 and DC98-39, were drilled at -45 and -75 degrees, respectively, from a drill pad 30m (100 ft) west along strike from DC97-32 and 33. The third hole, DC98-40, is 60m (200 ft) along strike east of DC97-32 and 33. This hole has already cored significant zones of massive sulphide mineralization. Assay results from the new intersections are expected within 10 days. Results to-date are encouraging as they demonstrate that the zone of massive sulphide mineralization intersected in 1997 has lateral extent. Mineralization is open in both directions along strike and down dip. Additional holes will be targeted on larger step-outs from the current intersections. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

To: Kaiser Soza who wrote (265)	6/4/1998 1:59:00 AM
From: Blake	Read Replies (1) \| Respond to of 509

Hello Kaiser, it's every company for themselves and I'm sure the situation would be different if the shoe was on the other foot. As a shareholder of Atna I am biased but that's what happens when you invest in a company you believe in. We'll have to see how this all unfolds between Boliden and Atna. I agree with you that either way Atna is no worse off than before and if the Archer Stephen Group does in fact gain control they will be hungrier than Boliden, especially with the land position they have in the region and the years of experience in the Yukon! Cheers, Blake