Wolf Deposit Expanding.VANCOUVER, British Columbia--(BUSINESS WIRE)--July 8, 1998-- Atna Resources Ltd. and YGC YGC Yale Glee Club YGC Yahoo Geocities Resources Ltd, are pleased to announce that the first 10 drill holes (totalling 2,240 metres) of the 1998 program have intersected massive sulphide sulphide: see sulfide. mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. and extended the size of the deposit. Assay results from these holes are pending. Drill holes WF 98-16 and 98-17 were drilled 75 metres down-dip from WF 97-15 and 97-14, respectively, and intersected 1.5 to 2.6 metre widths of massive sulphide mineralization. Drill hole WF 98-19 tested the westerly Westerly, town (1990 pop. 21,605), Washington co., extreme SW R.I., between the Pawcatuck River and Block Island Sound; inc. 1669. Its textile industry dates from 1814, and granite has been quarried there since c.1850. down-dip extension under WF 98-16; results indicate the deposit pinches out against a fault in this area. Drill hole WF 98-18 intersected a relatively narrow zone of mineralization up-dip from WF 97-14. Holes WF 98-20 and 21 were drilled between WF 98-16 and 18 and intersected massive sulphide mineralization over widths of 11.7 and 6.0 metres. Holes WF 98-22 and 23 were drilled in an easterly up-dip direction from the discovery hole WF 97-07, both holes intersected a 3 metre thickness of massive sulphide mineralization. Holes WF 98-24 and 25, drilled in an easterly down-dip direction from WF 97-07, intersected 10.5 and 19.2 metres of massive sulphide mineralization. These holes are significant in that they demonstrate a continuation of massive sulphide mineralization encountered in WF 97-07 for 150 metres in the easterly down-dip direction. Since discovery in late 1997, the Wolf Deposit has been intersected by a total of 19 holes, indicating a strike length of 500 metres and a down-dip length of approximately 350 metres. The deposit is open along strike and down-dip. Geological, geochemical and geophysical surveys Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. have commenced on the Fox, Fire, Ice, Mamu and Tree properties in this under-explored belt of Mississippian volcanic rock. Atna has an option to earn a 65% interest in the Wolf Property from YGC. The 1998 exploration budget for the Wolf Deposit and other properties in this belt is $1 million. A map showing the location of the Wolf Deposit holes is available upon request. Atna Resources Ltd. is a Canadian mineral exploration company with a track record for discovering significant massive sulphide deposits, including the high-grade Wolverine wolverine or glutton, largest member of the weasel family, Gulo gulo, found in the northern parts of North America and Eurasia, usually in high mountains near the timberline or in tundra. Deposit. Atna trades on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol ATN ATN Acute tubular necrosis, see there and has a treasury of approximately C$ 17 million. Signed "Peter DeLancey" ----------------------- President
CONTACT: ATNA RESOURCES LTD.
Peter DeLancey
Michael Williams
Tel: 604/684-2285; Fax 604/684-8887
E-mail:atna@atna.com
http://www.atna.com
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