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Atna Resources Ltd

Publié le 07 avril 2011

Announces Expansion of Deep Briggs Zone

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Atna Announces Expansion of Deep Briggs Zone


Golden, CO -- Atna Resources Ltd. ("Atna") --(TSX:ATN -- OTCBB:ATNAF) is pleased to report results from drilling focused on mineralization in the Deep Briggs zone at the Briggs Mine in Inyo County, California. These new holes, taken in conjunction with recently reported drilling in the same area, are establishing a continuous zone with mineable widths and grade above the average mine grade. Significant results include:

  • 205 feet (62.5 meters) grading 0.025 ounces gold per ton ("opt") (0.86 grams/tonne gold) in the Deep Briggs zone, including 55 feet (16.8 meters) grading 0.048 opt (1.65 g/t) in hole number BMD11-063
  • 100 feet (30.5 meters) grading 0.019 opt (0.65g/t) in the Main Briggs zone and 110 feet (33.5 meters) grading 0.019 opt (0.065g/t) which includes a 30 foot (9.1 meter) zone grading 0.030 opt (1.03g/t) in the Deep Briggs zone in hole number BMD11-067


"This drilling program validates the new geologic model for Briggs developed by Bill Stanley, our Vice President, Exploration. This drilling clearly demonstrates potential to increase the resource base. Success in this program should increase economic mineral reserves, which will allow us to achieve our goal of increasing gold production and reducing operating cost," said James Hesketh, President & CEO.

These holes are contiguous with and extend the broad mineralized zones encountered in drilling described in previous press releases dated February 28 and March 22, 2011. Drilling of Deep Briggs continues and is targeted to fill in between these existing drill holes and to extend the mineralized zone along trend. The samples from two additional drill holes are currently being shipped to Inspectorate America for analysis.

Detailed Assay Results

Hole

From-feet
(meters)

To-feet
(meters)

Length-feet
(meters)

ounces/ton Au
(grams/tonne Au)

Zone

BMD11-063 (Azimuth 270�, Angle -60�)

 

0 (0)

30 (9.1)

30 (9.1)

0.014 (0.48)

Main Briggs

 

50 (15.2)

255 (77.7)

205 (62.5)

0.025 (0.86)

Main/Deep Briggs

including

120 (36.6)

175 (53.4)

55 (16.8)

0.048 (1.65)

Main/Deep Briggs

 

360 (109.8)

380 (115.9)

20 (6.1)

0.016 (0.55)

Deep Briggs

 

410 (125.0)

450 (137.2)

40 (12.2)

0.020 (0.69)

Deep Briggs

 

565 (172.3)

595 (181.4)

30 (9.1)

0.016 (0.55)

Deep Briggs

BMD11-067 (Azimuth 300�, Angle -60�)

 

15 (4.6)

25 (7.6)

10 (3.0)

0.022 (0.75)

Main Briggs

 

45 (13.7)

145 (44.2)

100 (30.5)

0.019 (0.65)

Main Briggs

including

120 (36.6)

145 (44.2)

25 (7.6)

0.026 (0.89)

Main Briggs

 

340 (103.7)

450 (137.2)

110 (33.5)

0.019 (0.65)

Deep Briggs

including

350 (106.7)

380 (115.9)

30 (9.1)

0.030 (1.03)

Deep Briggs

 

600 (182.9)

655 (199.7)

55 (16.8)

0.013 (0.45)

Deep Briggs

 

680 (207.3)

720 (219.5)

40 (12.2)

0.010 (0.34)

Deep Briggs

* Intercept length may not represent true thicknesses of the mineralized body due to oblique intersection of the mineralized zone by the drill hole.

Analytical results contained within this press release were completed by standard fire assay methods with an atomic absorption or gravimetric finish by Inspectorate America Corporation, an independent, ISO certified, analytical laboratory located in Sparks, Nevada. Atna maintains a rigorous Quality Assurance - Quality Control (QA/QC) program utilizing both certified gold standards and blanks to augment Inspectorate's internal QA/QC program.

This press release was prepared under the supervision and review of William Stanley, V.P. Exploration of Atna, a Licensed Geologist, and Qualified Person with the ability and authority to verify the authenticity and validity of information contained within this news release.

For additional information on Atna Resources and the Briggs Mine, please visit our website at
www.atna.com.

This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, and within the meaning of Canadian securities legislation relating to potential resource or reserve expansion at the Briggs Mine. Forward-looking statements are statements that are not historical fact. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change, unless required by law. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include: gold production and operating costs at the Briggs Mine, the Company might encounter problems such as the significant depreciation of metals prices; accidents and other risks associated with mining exploration and development operations; the risk that the Company will encounter unanticipated geological factors; the Company's need for and ability to obtain additional financing; the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration and development programs; and the other risk factors discussed in greater detail in the Company's various filings on SEDAR (www.sedar.com) with Canadian securities regulators and its filings with the U.S. Securities and Exchange Commission, including the Company's 2010 Form 20-F dated March 23, 2011.

Cautionary Note to U.S. Investors --- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this report, such as "measured," "indicated," "inferred," and "resources," that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC.

FOR FURTHER INFORMATION, CONTACT:

James Hesketh, President and CEO - (303) 278-8464
Valerie Kimball, Investor Relations - toll free (877) 692-8182
www.atna.com

 


 

 

Atna Resources Ltd

PRODUCTEUR
CODE : ATN.TO
ISIN : CA04957F1018
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Atna Resources est une société développant des projet miniers de zinc et d'or basée au Canada.

Atna Resources est en développement de projets de zinc, d'or, d'argent, de cuivre et de plomb au Canada, et détient divers projets d'exploration au Canada.

Son principal projet en production est BRIGGS en USA, son principal projet en développement est WOLVERINE au Canada et ses principaux projets en exploration sont KENDALL GOLD MINE, CONVERSE, ATLANTA (NEVADA), MOUNT EDNA, CLOVER, WOLF PROPERTY, TRAM PROSPECT, SAND CREEK JV, TREE PROPERTY, WHITE BULL, BEOWAWE, TY, UDUK, JARBRIDGE, ECSTALL PROPERTY, CONVERSE & SAND CREEK URANIUM, TRIPLE JUNCTION, GOLDTOOTH - BRIGGS, SEVEN-UP PETE GOLD, COLUMBIA PROPERTY, REWARD PROPERTY, PINSON, MT. EDNA et MCDONALD au Canada et CACHINAL et CELESTE au Chili.

Atna Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 10,6 millions CA$ (7,7 millions US$, 7,0 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 2,56 CA$, et son plus bas niveau récent le 29 décembre 2015 à 0,05 CA$.

Atna Resources possède 212 090 000 actions en circulation.

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TORONTO (ATN.TO)Other OTC (ATNAF)
0,050+0.00%0,068-19.55%
TORONTO
CA$ 0,050
29/12 15:55 -
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Cours préc. Ouverture
0,050 0,050
Bas haut
0,050 0,050
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,050 -%
Volume var. 1 mois
147 201 -%
24hGold TrendPower© : -27
Produit Gold
Développe Copper - Gold - Lead - Silver - Zinc
Recherche Copper - Gold - Lead - Silver - Uranium - Zinc
 
 
 
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