Atna Resources Receives Final Payment in Marg Property Sale



    GOLDEN, Colo., May 1 /CNW/ -- Atna Resources Ltd. ("Atna") - (TSX: ATN),
has acquired beneficial ownership of 6,838,906 common shares of Yukon Gold
Corporation, Inc. ("Yukon Gold") at a deemed price of $0.0329 per share
pursuant to the Property Purchase Agreement dated November 25, 2004, between
Medallion Capital Corp. and Atna Resources Ltd. This Agreement was assigned to
Yukon Gold Corporation Ltd. on March 1, 2005 and subsequently modified by
letter agreement dated December 4, 2008. The share transfer is made in lieu of
cash as satisfaction of Yukon Gold's obligation in regards to its purchase of
the Marg volcanogenic massive sulfide property located in the Mayo Mining
District of the Yukon Territory of Canada. After giving effect to this share
issuance, Atna now has beneficial ownership, direction or control over an
aggregate of 7,238,906 common shares, representing approximately 17.9 percent
of the outstanding shares of Yukon Gold.
    

    
    Atna's interest in Yukon Gold will be held as marketable securities
available for sale, subject to applicable securities regulations and laws.
Atna currently has no intention of adding to its investment in Yukon Gold,
although it may acquire ownership of, or control or direction over, additional
securities of Yukon Gold in the future.
    

    
    A copy of the early warning report in respect of this acquisition has
been filed with the applicable securities commissions and can be found at
www.sedar.com.
    

    FOR FURTHER INFORMATION:
    
    Additional information on Atna Resources Ltd. is available on our website
at www.atna.com or contact:
    

    

    
    James Hesketh, President and CEO (303) 278-8464
    Valerie Kimball, Corporate Communications (303) 278-8464




    




For further information:

For further information: James Hesketh, President and CEO, or Valerie
Kimball, Corporate Communications, both of Atna Resources Ltd.,
+1-303-278-8464 Web Site: http://www.atna.com

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Atna Resources Ltd.

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