Tuesday, 27 September 2011

Atlanta Gold hits 25.92 g/t gold over 4.6 metres at Idaho property

Atlanta Gold (CVE:ATG) (OTCQX:ATLDF) announced Tuesday high grade gold results from its Atlanta property in Idaho, as part of its 2011 shallow confirmation drilling program in the East Extension and Monarch areas.
In the East Extension zone, hole D11074E24 intersected 25.92 grams per tonne (g/t) of gold over 4.6 metres, confirming the potential for higher grade gold mineralization, both near surface and at depth, the company said in a statement.
The high grade intercept in the hole was found within broader mineralization of 19.8 metres grading 7.79 g/t gold.
Also in this area, hole D11081E26 returned 10.7 metres at 11.577 g/t gold,  including 4.6 metres at 24.3 g/t gold.
In the Monarch zone, the primary historic development shaft, hole D11015W27 returned 6.1 metres of 8.14 g/t gold, including 3.0 metres of 11.83 g/t gold.
The East Extension area is located 549 metres to the east of the Monarch shaft, which is located in the centre of the mineralized Atlanta Shear Zone.
The 2011 exploration program began in June, and more than 12,200 metres of the planned 18,300 metres has been completed to date, with assays pending for a number of holes.
The program is focused on the Atlanta Shear Zone, which has a surface expression that is 3,475 metres long, and nine to 37 metres wide, extending from surface to a known vertical depth of 610 metres, with numerous splays branching off to the northwest and southeast of the main Shear.
Atlanta Gold, through its 100% owned subsidiary, holds leases, options or ownership interests in its Atlanta properties, which comprise approximately 8.74 square kilometres, located 90 air kilometres east of Boise, in Elmore County, Idaho.

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