Atna Resources Receives Notice of Completion of $30 Million Expenditure at Pinson



    GOLDEN, Colo., Jan. 15 /CNW/ -- Atna Resources Ltd. ("Atna") - (TSX:
ATN), reports that it has received notice from Pinson Mining Company ("PMC"),
a subsidiary of Barrick Gold, that it has completed the required $30 million
expenditure at the Pinson property. Under the terms of the Exploration
Agreement with Option for Mining Venture ("Agreement") between PMC, Atna
Resources Inc. and Atna Resources Ltd., dated August 14, 2004, fulfillment of
this expenditure entitles PMC to increase its interest in the Pinson project
from 30% to 70%, thereby reducing Atna's interest from 70% to 30%.  Atna has
not reviewed the earn-in expenditure details, yet to be provided by Barrick,
to confirm fulfillment of the requirements of the Agreement.
    

    
    Under the follow-up terms of the Agreement, PMC and Atna shall enter into
a joint venture agreement within 90 days and PMC, the operator, shall propose
an initial work program and budget within 30 days after closing of the joint
venture agreement. PMC has advised that it intends to spend the first few
months analyzing the exploration data generated through past expenditures and
will consider the merits of moving forward with additional work at the
property. "We look forward to finalizing our joint venture and working with
PMC to develop this project," states James Hesketh, President and CEO.
    

    Forward-looking statements:

    
    This press release contains certain "forward-looking statements," as
defined in the United States Private Securities Litigation Reform Act of 1995,
and within the meaning of Canadian securities legislation, relating to the
status of work programs and budgets at the Pinson Gold Project.
Forward-looking statements are statements that are not historical fact. They
are based on the beliefs, estimates and opinions of the Company's management
on the date the statements are made and they involve a number of risks and
uncertainties. Consequently, there can be no assurances that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. The Company undertakes
no obligation to update these forward-looking statements if management's
beliefs, estimates or opinions, or other factors, should change. Factors that
could cause future results to differ materially from those anticipated in
these forward-looking statements include: the risk that the Company will
encounter unanticipated geological factors, the Company's need for and ability
to obtain additional financing, the possibility that the Company may not be
able to secure permitting and other governmental clearances necessary to carry
out the Company's mine development plans that will prevent it from restarting
mining operations at the Pinson Gold Project, and the other risk factors
discussed in greater detail in the Company's various filings on SEDAR
(www.sedar.com) with Canadian securities regulators and its filings with the
U.S. Securities and Exchange Commission, including the Company's Form 20-F
dated March 25, 2008.
    

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

    

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





    




For further information:

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

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