Twin Mining Corporation shareholders approve name change and share consolidation



    /NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES/

    TORONTO, March 23 /CNW/ - Twin Mining Corporation (TSX: TWG) announced
that at its annual meeting of shareholders held on March 22, 2007,
shareholders overwhelmingly approved all matters brought to the shareholders
for approval including the following:

    
    1.  Name Change
        Change of the name of the Company from "Twin Mining Corporation" to
        "Atlanta Gold Inc." The trading symbol of the Company will also
        change from "TWG" to "ATG" and the web site address will change from
        www.twinmining.com to www.atgoldinc.com

    2.  Share Consolidation
        Consolidation of the common shares of the Company on a fifteen old
        for one new basis. As at December 31, 2006, 223,360,501 common shares
        were outstanding. After giving effect to the share consolidation, the
        total number of issued and outstanding shares will be reduced to
        approximately 14,890,700. Upon receipt of TSX approval, the Company's
        common shares will begin trading on a consolidated basis. Upon
        implementation of the consolidation, the exercise or conversion price
        and the number of common shares issuable under outstanding stock
        options and warrants will be adjusted proportionately.
    

    The Company is entering a new chapter in its history with new directors
and management, a new vision and a new strategy. With the collective
experience of the boards and management of Atlanta Gold Inc. and its
wholly-owned subsidiary, Atlanta Gold Corporation, the Company will be well
positioned to implement its action plan for 2007 and create value for the
shareholders.
    The 2007 plan includes an aggressive exploration program at the Atlanta
Gold property, which will unveil the potential of numerous targets identified
by historic mining activities. Certain areas of the property were last mined
during the 1800's and early 1900's, when gold and silver prices were much
lower than today. Historic miners left behind mineralized zones which were
considered low-grade at low metal prices, but are economic today. Atlanta Gold
intends to re-evaluate these resources using modern exploration methods, with
the objective of expanding ore reserves.
    The Company has engaged Vector Engineering, Inc. to complete a NI 43-101
compliant technical report on the Atlanta Gold property based on prevailing
gold and silver prices. Upon completion, the results of this report will be
provided in a future news release.





For further information:

For further information: Bill Baird, Interim CEO, Telephone: (416)
777-0013, Fax: (416) 777-0014, E-mail: info@twinmining.com; Badshah
Communications Group Ltd., Telephone: (604) 408-7522, Fax: (604) 408-7528

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TWIN MINING CORPORATION

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