Atlanta Gold encouraged by drill results from its 2008 surface exploration program at its Atlanta property in Idaho



    
    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION
    IN THE UNITED STATES/
    

    TORONTO, Oct. 21 /CNW/ - Atlanta Gold Inc. (TSX: ATG) announces
additional results from 24 drill holes in its 2008 surface diamond core
drilling program at its Atlanta project ("Atlanta") in Idaho. Composite assay
results greater than 0.10 ounces of gold per ton (3.43 grams per tonne) are
shown in the table below.

    

    -------------------------------------------------------------------------
    Hole                                  True                True      Assay
    Identif-      From     To     Width   Width     Assay     Width     (gpt
    ication      (Feet)   (Feet) (Feet)  (Feet)(*) (opt Au) (Meters)(*)  Au)
    -------------------------------------------------------------------------
    D08005W005     103.0   113.0             7.5    0.2150     2.3    7.3714
    -------------------------------------------------------------------------
    D08175E008     272.0   281.0             6.7    0.1051     2.0    3.6034
    -------------------------------------------------------------------------
                   108.0   118.0             7.5    0.1161     2.3    3.9806
    D0811W023   -------------------------------------------------------------
                   124.0   183.0            40.5    0.1969    12.3    6.7509
    -------------------------------------------------------------------------
    D08155E024     291.0   295.5             3.4    0.1480     1.0    5.0743
    -------------------------------------------------------------------------
    D0817E025      173.0   193.0            15.0    0.6500     4.6   22.2857
    -------------------------------------------------------------------------
                   123.5   154.0            19.8    0.8440     6.0   28.9371
                -------------------------------------------------------------
    D0819E028      239.0   254.0             7.2    0.2277     2.2    7.8069
                -------------------------------------------------------------
                   299.0   309.0             6.5    2.4450     2.0   83.8285
    -------------------------------------------------------------------------
                   266.0   271.0             4.0    0.1200     1.2    4.1143
    D08185E029  -----------------------------------------------------------
                   350.0   351.0             0.8    0.1330     0.2    4.5600
    -------------------------------------------------------------------------
    (*) True widths are estimates based on current available data and may be
    subject to change
    

    The 12,000-foot definition drilling program to confirm the bottom of the
East Monarch has been completed. In 2009 the Company will continue a second
phase of 10,250 feet of infill drilling in the East Extension area which is
east of the Monarch area. Confirmation holes in the West Monarch and East
Idaho Mini Pits will not be drilled until the 2009 drilling season.
    Surface exploration drilling to date has identified several excellent
exploration targets and confirmed a mineral resource at Atlanta that is open
both along strike and at depth.
    A table showing the 2008 surface drilling results to date as well as
additional information on Atlanta will be available on the Company's website
at http://www.atgoldinc.com
    A table showing the assays from 24 additional drill holes in the 2008
surface drilling program is provided below.

    

    -------------------------------------------------------------------------
     Hole                                 True               True     Assay
    Identif-      From     To     Width  Width      Assay    Width   (gpt Au)
    ication      (Feet)   (Feet) (Feet)  (Feet)(*) (opt Au) (Meters)
                                                                 (*)
    -------------------------------------------------------------------------
    D08015W004(1)   0.0     7.0     7.0    5.6     0.0650     1.7     2.2286
                  -----------------------------------------------------------
                    8.5    16.0     7.5    6.0     0.0891     1.8     3.0549
                  -----------------------------------------------------------
                   18.5    23.0     4.5    3.6     0.0210     1.1     0.7200
                  -----------------------------------------------------------
                   25.0    28.0     3.5    2.8     0.0800     0.9     2.7429
                  -----------------------------------------------------------
                   37.5    41.5     4.0    3.2     0.0300     1.0     1.0286
    -------------------------------------------------------------------------
    D08005W005(2)  83.0   103.0    20.0   15.0     0.0590     4.6     2.0229
                  -----------------------------------------------------------
                  103.0   113.0    10.0    7.5     0.2150     2.3     7.3714
                  -----------------------------------------------------------
                  123.0   133.0    10.0    7.5     0.0365     2.3     1.2514
    -------------------------------------------------------------------------
    D08165E006    225.5   231.5     6.0    4.2     0.0250     1.3     0.8571
                  -----------------------------------------------------------
                  236.5   244.0     7.5    5.3     0.0176     1.6     0.6034
    -------------------------------------------------------------------------
    D0816E007     223.5   238.5    15.0   11.3     0.0377     3.4     1.2926
                  -----------------------------------------------------------
                  242.5   250.0     7.5    5.6     0.0244     1.7     0.8366
    -------------------------------------------------------------------------
    D08175E008(3) 213.5   228.0    14.5   10.8     0.0157     3.3     0.5383
                  -----------------------------------------------------------
                  248.0   254.0     6.0    4.5     0.0188     1.4     0.6446
                  -----------------------------------------------------------
                  272.0   281.0     9.0    6.7     0.1051     2.0     3.6034
    -------------------------------------------------------------------------
    D0815E009(4)  210.0   214.5     4.5    3.4     0.0213     1.0     0.7303
                  -----------------------------------------------------------
                  220.0   234.5    12.5    9.3     0.0229     2.8     0.7851
                  -----------------------------------------------------------
                  239.5   244.0    11.0    8.2     0.0230     2.5     0.7886
                  -----------------------------------------------------------
                  282.0   305.0    23.0   17.3     0.0755     5.3     2.5886
    -------------------------------------------------------------------------
    D0814E010                        Less than 0.0200 opt Au
    -------------------------------------------------------------------------
    D0814E011                        Less than 0.0200 opt Au
    -------------------------------------------------------------------------
    D08155E012     53.0    66.0    13.0    9.7     0.0480     3.0     1.6457
    -------------------------------------------------------------------------
    D0820E013                        Less than 0.0200 opt Au
    -------------------------------------------------------------------------
    D0819E014      53.0    58.0     5.0    3.7     0.0350     1.1     1.2000
                  -----------------------------------------------------------
                  259.0   261.0     2.0    1.5     0.0560     0.5     1.9200
                  -----------------------------------------------------------
                  293.0   295.0     2.0    1.5     0.0670     0.5     2.2971
    -------------------------------------------------------------------------
    D08185E015    107.0   112.0     5.0    3.8     0.0400     1.2     1.3714
    -------------------------------------------------------------------------
    D08175E016     88.0    96.5     8.5    6.4     0.0182     2.0     0.6240
    -------------------------------------------------------------------------
    D08175E017    297.5   311.5    14.0   10.8     0.0304     3.3     1.0423
    -------------------------------------------------------------------------
    D0811W023(5)  108.0   118.0    10.0    7.5     0.1161     2.3     3.9806
                  -----------------------------------------------------------
                  124.0   183.0    54.0   40.5     0.1969    12.3     6.7509
    -------------------------------------------------------------------------
    D08155E024     58.0    78.0    20.0   15.0     0.0523     4.6     1.7931
                  -----------------------------------------------------------
                   88.0    93.0     5.0    3.7     0.0400     1.1     1.3714
                  -----------------------------------------------------------
                   98.0   108.0    10.0    7.5     0.0230     2.3     0.7886
                  -----------------------------------------------------------
                  291.0   295.5     4.5    3.4     0.1480     1.0     5.0743
    -------------------------------------------------------------------------
    D0817E025(6)  173.0   193.0    20.0   15.0     0.6500     4.6    22.2857
                  -----------------------------------------------------------
                  218.0   238.0    20.0   15.0     0.0213     4.6     0.7303
    -------------------------------------------------------------------------
    D0817E026     253.0   258.0     5.0    3.7     0.0350     1.1     1.2000
                  -----------------------------------------------------------
                  273.0   283.0    10.0    7.5     0.0160     2.3     0.5486
                  -----------------------------------------------------------
                  308.0   312.0     4.0    3.0     0.0700     0.9     2.4000
    -------------------------------------------------------------------------
    D0821E027(7)  133.0   148.0    15.0    9.7     0.0293     3.0     1.0046
                  -----------------------------------------------------------
                  162.0   171.0     9.0    5.8     0.0733     1.8     2.5131
    -------------------------------------------------------------------------
    D0819E028(8)  123.5   154.0    30.5   19.8     0.8440     6.0    28.9371
                  -----------------------------------------------------------
                  239.0   254.0    11.0    7.2     0.2277     2.2     7.8069
                  -----------------------------------------------------------
                  259.0   269.0    10.0    6.5     0.0610     2.0     2.0914
                  -----------------------------------------------------------
                  299.0   309.0    10.0    6.5     2.4450     2.0    83.8285
    -------------------------------------------------------------------------
    D08185E029(9) 116.0   139.0    23.0   18.4     0.0911     5.6     3.1234
                  -----------------------------------------------------------
                  145.5   148.5     3.0    2.4     0.0450     0.7     1.5429
                  -----------------------------------------------------------
                  266.0   271.0     5.0    4.0     0.1200     1.2     4.1143
                  -----------------------------------------------------------
                  276.0   291.0    15.0   12.0     0.0397     3.7     1.3611
                  -----------------------------------------------------------
                  350.0   351.0     1.0    0.8     0.1330     0.2     4.5600
                  -----------------------------------------------------------
                  389.0   394.5     5.5    4.4     0.0279     1.3     0.9566
    -------------------------------------------------------------------------
    D08185E030                          No significant assays
    -------------------------------------------------------------------------
    (*) True widths are estimates based on current available data and may be
    subject to change.

        (1)   Includes 7.5 feet of 0.089 opt (3.05 (gpt) Au
              Includes 5.0 feet of 0.084 opt (2.88 gpt) Au
        (2)   Includes 5.0 feet of 0.310 opt (10.629 gpt) Au
        (3)   Includes 5.0 feet of 0.146 opt (5.006 gpt) Au
        (4)   Includes 5.0 feet of 0.166 opt (5.691 gpt) Au
        (5)   Includes 5.0 feet of 1.320 opt (45.257 gpt) Au
        (6)   Includes 5.0 feet of 2.240 opt (76.800 gpt) Au
        (7)   Includes 5.0 feet of 0.108 opt (3.703 gpt) Au
        (8)   Includes 5.0 feet of 4.880 opt (167.314 gpt) Au
              Includes 7.0 feet of 0.315 opt (10.800 gpt) Au
              Includes 5.0 feet of 0.105 opt (3.600 gpt) Au
              Includes 5.0 feet of 4.848 opt (166.217 gpt) Au
        (9)   Includes 5.0 feet of 0.282 opt (9.668 gpt) Au
    

    As previously announced, the Company has changed its mining strategy from
bulk mining and cyanide heap leaching, to a combined shallow open-pit and
underground operation with an on-site milling facility with no cyanide
circuit. This new mining strategy will produce both a gravity concentrate and
a precious metal rich sulphide concentrate to be custom smelted. It will also
reduce the environmental footprint by 95% and increase expected metal recovery
rates from 63% to 90%.

    Qualified Person

    The Atlanta drill program is managed and supervised by William L. (Bill)
Josey the Company's Chief Geologist and designated "Qualified Person" under NI
43-101. Mr. Josey is a registered professional geologist in the State of
Arizona. Information of a technical nature in this news release regarding
Atlanta has been reviewed by Mr. Josey.

    Quality Control and Assurance

    Drill samples were handled and assayed in accordance with NI 43-101
standards. Assaying was done by Chris Christopherson, Inc., an Umpire
laboratory for major mining companies, which is based in Kellogg, Idaho, and
American Assay Laboratories, Inc. ("AAL"), in Sparks, Nevada. AAL is a well
known international lab that has operated in Nevada for more than 20 years.
Samples were 30-gram fire assays of whole NQ-sized core (1 7/8 inches in
diameter), and reverse circulation cuttings.

    About the Company

    Atlanta Gold Inc. (TSX: ATG) holds through its 100% owned subsidiary,
Atlanta Gold Corporation, a 100% interest in the Atlanta property which
comprises approximately 2,081 acres and is located 65 miles east of Boise, in
Elmore County, Idaho. A long history of mining makes Atlanta very suitable for
development of new mining projects.
    The Company is focused on advancing its core asset, Atlanta, towards mine
development and production and on acquiring, exploring and developing other
attractive gold projects.

    Forward-Looking Information

    This news release contains forward-looking information and
forward-looking statements within the meaning of applicable securities laws.
All statements, other than statements of historical fact, are forward-looking
statements. We use words such as "may", "will", "should", "anticipate",
"plan", "expect", "believe", "estimate" and similar terminology to identify
forward looking information and statements. Such are based upon assumptions,
estimates, opinions and analysis made by management in light of its
experience, current conditions and its expectations of future developments as
well as other factors which it believes to be reasonable and relevant. Forward
looking information and statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results to differ
materially from those expressed or implied in the forward looking information
and statements and accordingly, readers should not place undue reliance on
those statements. Risks and uncertainties that may cause actual results to
vary include, but are not limited to, the speculative nature of mineral
exploration, development and mining (including with respect to size, grade and
recoverability of mineral reserves and resources); operational and technical
difficulties; risks and hazards associated with the business of mineral
exploration, development and mining, including environmental hazards;
government action or delays in the receipt of governmental approvals, permits
and licenses; changes in resource prices and fluctuations in currency exchange
rates; the Company's limited financial resources and the availability of
financing alternatives; contests to the title of Company property and changes
in general economic conditions or conditions in the financial markets; as well
as other risks and uncertainties which are more fully described in the
Company's annual information form on Form 20-F, annual and quarterly
Management's Discussion and Analysis and in other Company filings with
securities and regulatory authorities which are available at www.sedar.com.
    Readers are cautioned that the foregoing lists of risks, uncertainties
and other factors are not exhaustive. The forward-looking statements contained
in this news release are made as of the date hereof and the Company undertakes
no obligation to update publicly or revise any forward-looking information or
statements contained herein or in any other documents filed with Canadian and
U.S. securities regulatory authorities, whether as a result of new
information, future events or otherwise, except in accordance with applicable
securities laws.





For further information:

For further information: Bill Baird, President and CEO, Telephone: (416)
777-0013, Fax: (416) 777-0014, E-mail: info@atgoldinc.com

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Atlanta Gold Inc.

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