Atna Provides NI-43-101 Resource Estimate for Cecil R Project

 

GOLDEN, CO -  Atna Resources Ltd. reported an NI-43-101 compliant mineral resource estimate Êfor the Cecil R deposit, located five miles north of Atna's Briggs gold mine, Inyo County, California. The Cecil R deposit contains 73,490 ounces of gold in the measured and indicated resource category and 99,390 ounces of gold in the inferred category, at a 0.010 oz/ton Au cut off grade. Full results are shown in the table below.

James Hesketh, President and CEO, states, "We believe that the Cecil R deposit has an excellent potential to extend the operating life of our Briggs Mine complex. The deposit is adjacent to the existing access road and is potentially amenable to open pit mining. A preliminary economic evaluation has been initiated to determine the economics of developing this project in association with the Briggs Mine. Permitting and a feasibility study would begin immediately following completion of a positive economic evaluation."