To: George Castilarin who wrote (398 ) 3/12/1999 9:39:00 AM From: phoenix_investor Read Replies (1) | Respond to of 509
First assay results from DR. DeLancey returned with partial core from second hole. Intersection went from 1.5 metres on Hole 1 to 3.1 metres on Hole 2. Press Release Disclaimer ATNA RESOURCES LTD. ATNA RESOURCES LTD. - HIGH GRADE INTERSECTION ON SAN ANTONIO I CONCESSION Article #: 27857 Date: 3/12/99 9:05:26 AM Dateline: VANCOUVER, B.C. Stock Symbol: ATN Wire: ISDN Atna Resources Ltd. is pleased to report that it has completed four holes of the 7-10 hole, 2,000 metre drill program on the San Antonio I Concession in the Dominican Republic. All of the holes intersected massive sulphide mineralization at the contact between hanging wall, bedded sedimentary rock and footwall, pyritic quartz sericite schists. The holes are drilled at 100 metre step-outs. The massive sulphide mineralization has now been intersected 400 metres along strike and 120 metres down-dip. These intersections may represent the up-dip edge of a deposit. The core is being split with half being shipped to Canada for assay; results from these intersections will be reported in approximately 3 weeks. Core from hole SA 99-02 was recently brought to Canada by an Atna employee. A length weighted average grade for the 3.1 metre intersection in SA 99-02 is 8.55% zinc, 3.39% copper, 0.13% lead, 1.38 g/t gold and 185.2 g/t silver from 152.4 to 155.5 metres. Drill holes SA 99-05 and 06 will test coincident geological, geochemical and geophysical anomalies located 1,000 metres and 1,600 metres along strike to the southeast. Further drilling is planned to test the extent of the mineralization intersected in holes SA 99-01, 02, 03 and 04, down-dip and along strike. The target on the 34.5 square kilometre San Antonio I Concession is a copper-zinc-gold volcanogenic massive sulphide (VMS) deposit. Atna is earning a 60% interest from Energold Mining Ltd. Atna Resources Ltd. is a Canadian mineral exploration company with a track record for discovering significant massive sulphide deposits. Atna trades on the Toronto Stock Exchange under the symbol ATN and has a treasury of approximately C$15 million. - 30 - Signed "Peter R. DeLancey" ______________________ President For further information contact: ATNA RESOURCES LTD. Peter DeLancey, President or Michael Williams, Investor Relations Tel: (604) 684-2285; Fax (604) 684-8887 E-mail: atna@atna.com atna.com