Mr. Bill Baird reports
ATLANTA GOLD INC. - 2012 WORK PROGRAM - BULK SAMPLE
Atlanta Gold Inc.'s 2012 work program previously announced on
June 6, 2012, will include excavating a bulk sample of approximately 150
tons of mineralized material from existing trenches along the surface
of the Atlanta shear zone for processing off site. Based only on the
amount of mineralized material sampled in the 2008, 2009 and 2010
trenching programs, the average grades for individual trenches within
the area of interest ranged from 1.92 to 26.16 grams per tonne Au (0.056 to 0.763
ounce per ton Au) and averaged 4.91 g/t Au (0.143 ounce per ton Au). The average grade of
the bulk sample is anticipated to approximate the weighted average
sample grade of the trenches in the attached table selected for the bulk sample.
Weighted average
Trench ID Average width Cut-off grade sample grade
Feet Metres opt Au g/t Au opt Au g/t Au
Trench 5 42.0 12.8 0.030 1.03 0.077 2.64
Trench T7 43.0 13.1 0.030 1.03 0.109 3.74
Trench 4 55.0 16.8 0.030 1.03 0.074 2.54
Trench T10 (N) 17.0 5.2 0.030 1.03 0.056 1.92
Trench T10 (S) 16.0 4.9 0.030 1.03 0.066 2.26
Trench 9 (N) and T3 26.0 7.9 0.030 1.03 0.090 3.09
Trench 9 (S) and T3 27.0 8.2 0.030 1.03 0.066 2.26
Trench 8 93.0 28.3 0.030 1.03 0.155 5.31
Trench T2 52.0 15.8 0.030 1.03 0.091 3.12
Trench 6 25.0 7.6 0.030 1.03 0.763 26.16
Trench T4 28.0 8.5 0.030 1.03 0.135 4.63
Trench T5 and 7 37.0 11.3 0.030 1.03 0.160 5.49
Totals 0.143 4.91
The expected bulk sample results will pave the way for the planned 2012
exploration expanded trench evaluation and test processing of oxide and
sulphide gold-bearing zones and further evaluation and test processing
in subsequent years to determine the following:
-
Continuity of grade both horizontally and vertically;
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Mining method and structural continuity;
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Selective mining protocol and grade control;
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Effective and efficient material handling;
-
A processing flowsheet that will determine ultimate beneficiating
procedures;
-
Scientific information required to meet the highest environmental
quality and standards possible now and in the future.
The company plans to begin the 2012 work program as soon as additional
financing is obtained.
Qualified person
Information of a technical nature in this news release regarding Atlanta
has been reviewed by William L. (Bill) Josey, who is a designated
qualified person under NI 43-101. Mr. Josey is a registered
professional geologist in the State of Arizona and a registered member
of the Society for Mining, Metallurgy and Exploration Inc.
We seek Safe Harbor.
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