ATW Expands Burnakura - 80 Meter Step-out From Underground Workings
Returns 11. 2 gpt Gold Over 9 Meters
February 28, 2008
Vancouver, BC - News Release - ATW Venture Corp. (TSX-V:� ATW) (Frankfurt:� A3N) ("ATW", the "Company") is pleased to announce initial assay results from the ongoing drill program at its �100% owned Burnakura gold mine in Western Australia.
Drilling has intersected mineable intervals of gold mineralization extending the known orebody 80 meters north along strike from the most northern measured resource block at the 5 level of the NOA production decline.
Drill intercepts are summarized in the following table:
Hole
# |
Prospect |
Total
Depth |
Azimuth |
Dip |
From
(meters) |
To
(m) |
Width
(m) |
Gold
(g/t) |
8NAC001 |
NOA 2 |
150 |
268 |
-60 |
122 |
126 |
4 |
3.02 |
and |
|
|
|
|
133 |
139 |
6 |
3.16 |
8NAC002 |
NOA 2 |
156 |
268 |
-60 |
138 |
147 |
9 |
11.20 |
8NAC003 |
NOA 2 |
124 |
267 |
-60 |
Did not reach target depth |
8NAC004 |
NOA 2 |
209 |
270 |
-60 |
152 |
155 |
3 |
11.96 |
In light of these results, ATW is committed to increasing the exploration program at Burnakura and has resolved to increase the current drill program from 5000m to 20,000m.
Burnakura has been underexplored to date.� It is the Company's belief that increased drilling activity will support the geological modeling of a large-scale mesothermal gold system.
Brent Butler, President and CEO of ATW Venture Corp is responsible for the Burnakura exploration program.� All samples were submitted for preparation and analysis using fire assay with an AAS finish by Genalysis Laboratory Services Pty Ltd at its facilities in Perth, Western Australia.
The contents of this news release have been reviewed by Brent Butler who is a qualified person as defined by National Instrument 43-101.�
To find out more about ATW Venture Corp., please contact Luke Norman at 604-662-8184 or email investor@atwventure.com.� You may also visit our website at www.atwventure.com.
ATW VENTURE CORP.
"Brent Butler"
Brent Butler
President and CEO
"The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."
"This news release may contain forward-looking statements.� Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties.� Actual results may differ materially from those currently anticipated in such statements."
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