Vancouver, BC - ATW Venture Corp. (TSX-V: ATW) (Frankfurt: A3N), ("ATW" or "the Company") is pleased to announce the completion of 10 reverse circulation drill holes at the Company's Burnakura Gold Mine in Western Australia.��
The initial drill holes targeted a high-grade zone beneath the past producing New Alliance pit where a historic drill hole returned an intersection of 17.4 meters grading 19.7 gpt gold.
The drill has now been moved to the area of the current underground workings approximately three kilometers north. Drilling will continue on the projected strike from the NOA2 production decline north to NOA 8 pit, a distance of 1500 meters.
Reports from the field indicate that drilling has intersected the projected mineralized zones in all drill holes to date.� Assay results are expected in late February.
"We (ATW) are extremely pleased with the pace at which the drilling and exploration program are proceeding as well as the ongoing refurbishment of the gold plant and mill" said Brent Butler, President and CEO.
The Burnakura Gold Mine located in the West Yilgarn goldfields of Western Australia, consisting of 58.8 square km of mining leases and prospecting licenses, a fully permitted 160,000 tonne per annum (450 tpd) CIL gold plant, rolling stock, underground equipment, workshops, office space and a 90 man camp. The project covers 12km of prospective strike length along a major auriferous shear zone and mesothermal gold system. Historic production on the project focused on lower grade surface oxides, which had been historically mined from 15 open pits stretching along the entire 12 km of strike length.
Brent Butler, President and CEO of ATW Venture Corp. is the qualified person under National Instrument 43-101 and has reviewed the contents of this news release.
To find out more about ATW Venture Corp., please contact Luke Norman at 604-662-8184 or email info@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."