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Enter Symbol
or Name
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CA



Atna Resources Ltd
Symbol ATN
Shares Issued 182,215,706
Close 2013-10-09 C$ 0.135
Market Cap C$ 24,599,120
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Atna Resources produces 9,957 oz Au at Briggs in Q3

2013-10-10 07:40 ET - News Release

Mr. James Hesketh reports

ATNA'S BRIGGS MINE REPORTS STRONG THIRD QUARTER PRODUCTION RESULTS

Atna Resources Ltd.'s recovered gold production at its Briggs mine in Inyo county, California, showed a 45-per-cent increase in the third quarter of 2013 over second-quarter results. Gold production increased due to the completion of a major waste stripping program in May, which allowed access to a strong ore supply in June and subsequent months. Costs also showed a significant improvement, declining by 13 per cent from the second quarter. This reduction was partially due to the significant increase in ounces produced and partially due to a program of productivity improvement and cost reduction at the mine.

   PRODUCTION RESULTS FOR THE THIRD QUARTER AS COMPARED 
              WITH THE SECOND QUARTER 2013 

                                   Q3 2013            Q2 2013

Ore tons                           624,110            562,205
Grade (oz/ton)                       0.019              0.019
Contained ounces mined              11,640             10,800
Waste tons                       1,975,071          2,505,800
Total tons mined                 2,599,181          3,068,005
Strip ratio (waste/ore)                3.2                4.5
Dry tons crushed                   652,332            528,993
Grade (oz/ton)                       0.019              0.020
Contained ounces placed             12,258             10,343
Gold ounces recovered                9,957              6,883
Gold ounces sold                     9,143              6,775
Cash cost per ounce*                  $986             $1,131
                                                                           
* Includes net changes in production stripping and inventory    

"These results put Briggs on track to achieve its stated target of 35,000 to 40,000 ounces of production for 2013. Our team at Briggs is demonstrating their ability to reduce costs and improve production to meet the challenges of a volatile gold market environment," states James Hesketh, president and chief executive officer.

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