Atlanta Gold announced that it has entered into an agreement pursuant to which the Company will issue 4,000,000 common shares at a deemed price of $0.05 per share to settle outstanding debts relating to finders' fees payable in connection with the Company's $3 million 6% convertible debenture financing that closed in December 2011. The issuance of [...]
announces that in light of its decision to focus on environmental permitting and the engineering and economic studies required to bring the Company's Atlanta Project to production, P&E Mining Consultants Inc. has prepared a preliminary gold cut-off grade sensitivity analysis on the Project's [...]
announces that P&E Mining Consultants Inc. ('P&E') of Brampton, Ontario has completed an independent updated resource estimate on the Company's Atlanta property in Idaho, USA. The estimate incorporates all drilling results to date, including the 57,000 foot core drilling program completed in [...]
announces that the results of eight diamond drill holes drilled to investigate the Atlanta Shear Zone between the Idaho Pit area (west end of the Shear) and the Monarch Pit area (east end of the Shear), all indicate continuity of the gold-bearing structure.
(OTCQX: ATLDF) (the 'Company') today responded to the recent decision of the U.S. District Court for the State of Idaho that the Company's wholly-owned subsidiary, Atlanta Gold Corporation ('AGC'), was not in compliance with the United States Federal Water Pollution Control Act ('Clean Water [...]
(OTCQX: ATLDF) (the 'Company') announces that on January 9, 2012, the U.S. District Court for the State of Idaho granted the motion for partial summary judgment sought by the Idaho Conservation League ('ICL') and the Northwest Environmental Defense Center ('NEDC') against the Company's [...]
announces that it has completed its previously announced debenture financing with Concept Capital Management Ltd. ('CCM'). The Company has issued to CCM a 6% convertible debenture in the principal amount of C$3 million and warrants to purchase 30 million common shares of the Company [...]
Atlanta Gold announced that it has completed an initial tranche of its previously announced $4 million private placement offering of Units (see news release dated October 18, 2011) for gross proceeds of $900,000. The Company issued 11,250,000 Units at a price of $0.08 per Unit, with each Unit consisting of one common share and one-half of one [...]
announces that it has drilled approximately 17,350 metres (57,000 feet) to complete its 2011 core drilling program that concludes a two-year seasonal campaign of 26,213 metres (86,000 feet). This represents 56% of all core drilling completed at Atlanta in the past twenty-five years. Results [...]
(OTCQX: ATLDF) has completed 21 drill holes in the East Extension area and compiled c omposite results for all hole intercepts. These 21 holes were drilled by the Company primarily as shallow infill drilling; results of which are provided in the attached table. When these results are added [...]
announces continued progress in extending new North Zones 1 and 2 located approximately 427 metres north west of the Atlanta Shear Zone. The combination of surface grab sample results (Table 1), new drill hole results (Table 2) and drill hole results previously announced on September 22, 2011 [...]
