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October 21, 2008
Toronto Stock Exchange  "ATG"


NEWS RELEASE

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

 ATLANTA GOLD ENCOURAGED BY DRILL RESULTS FROM ITS 2008 SURFACE EXPLORATION PROGRAM AT ITS ATLANTA PROPERTY IN IDAHO

 

Toronto, Ontario – 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

Identification

From

(Feet)

To

(Feet)

Width

(Feet)

True

Width

(Feet)*

Assay

(opt Au)

True

Width

(Meters)*

Assay

(gpt Au)

D08005W005

103.0

     113.0

     10.0

       7.5

0.2150

          2.3

7.3714

D08175E008

272.0

     281.0

       9.0

       6.7

0.1051

          2.0

3.6034

D0811W023

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

291.0

     295.5

       4.5

       3.4

0.1480

          1.0

5.0743

D0817E025

173.0

     193.0

     20.0

    15.0

0.6500

          4.6

22.2857

D0819E028

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

299.0

     309.0

     10.0

       6.5

2.4450

          2.0

83.8285

D08185E029

266.0

     271.0

       5.0

       4.0

0.1200

          1.2

4.1143

350.0

     351.0

       1.0

       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

Identification

From

(Feet)

To

(Feet)

Width

(Feet)

True

Width

(Feet)*

Assay

(opt Au)

True

Width

(Meters)*

Assay

(gpt Au)

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