Toronto, Ontario – Atlanta Gold Inc. (NEX: ATG.H) announces that, based on a recent review of historical mining records, the Company has determined that, in addition to the gold and silver mineralization in the 11,400-foot (3,475-metre) long, 100-120-foot (30-37-metre) wide Atlanta Shear Zone, tungsten was mined at Atlanta in the 1940s. The Company is presently investigating the economic potential of mining and processing a tungsten by-product from the Atlanta Shear Zone.

From April 1, 1942 to July 31, 1943, the Talache mill which was located on the Atlanta property processed 363,615 pounds of tungsten concentrate which contained 37,835 pounds or 10.41% tungsten trioxide (WO3) extracted from 16,895 tons of ore. The table below shows the historical monthly production reports from the Talache mill.

TABLE – HISTORICAL PRODUCTION REPORTS FROM TALACHE MILL*
Report Date Tonnage Assay Pounds WO3 Recovery % Concentrates
Heads Tails Heads Tails Pounds WO3 % WO3 Pounds
1942
April 30 957 0.100 0.020 1,848.0 418.6 80.0 23,028 6.20 1,428
May 31 1,452 0.080 0.020 2,317.2 673.5 70.8 12,615 13.00 1,640
June 30 1,258 0.090 0.026 2,334.4 694.5 70.2 16,988 9.60 1,631
July 31 1,156 0.237 0.066 5,481.6 1,533.4 72.0 26,329 15.00 3,949
August 31 1,108 0.207 0.034 4,604.0 766.5 83.4 21,414 17.92 3,837
September 30 1,326 0.185 0.041 2,915.6 1,096.8 77.7 24,603 15.50 3,813
October 31 1,842 0.146 0.022 5,412.0 793.0 85.3 41,908 11.00 4,610
November 30 2,603 0.167 0.027 8,725.4 1,408.8 83.8 60,433 12.10 7,312
December 31 1,974 0.161 0.034 6,393.9 1,445.4 77.4 45,502 10.87 4,946
1943
January 31 2,174 0.109 0.035 4,763.0 1,507.7 68.3 53,103 6.10 3,239
February 28 915 0.103 0.036 1,891.7 659.8 65.1 34,051 3.60 1,226
July 31 131 0.110 0.038 302.8 99.4 67.0 3,641 5.58 203
TOTAL 16,895           363,615 10.41 37,835

* Source: Daily and Accumulative Mill Report, Monarch Greenback LLC historical records

Based on whole rock chemical analyses conducted by ACZ Laboratories in 2004, 106 samples taken from the Monarch and Idaho Pits areas and dump sites returned an average of 114.4 parts per million (ppm) or 0.0114% tungsten (W) with the highest anomaly at 279 parts per million (ppm) (0.0279%) and the lowest at 2.3 ppm (0.00023%). In 1990, the Company had two thin sections of DH-386 examined for mineralogy and analyzed by Skyline Labs, Inc. for tungsten (W). One of the thin sections contained greater than 10,000 ppm (1.0%) tungsten (W). The other thin section had 160 ppm (0.016%) tungsten (W).

The data presented in this news release is historical in nature, predates National Instrument 43-101 enforcements and has not been reviewed by a qualified person compliant with NI 43-101. Historical production does not guarantee future production or the discovery of a resource. However the Company believes that these historical results provide an indication of the Atlanta Project’s tungsten potential and are relevant to ongoing exploration.

Elemental tungsten (“W”) is sold on the world market as tungsten concentrate (“WO3”), currently at a price of approximately US$10.00 per kilogram (US$4.54 per pound) of concentrate with a minimum of 65% WO3. Tungsten is a hard, corrosive-resistant element with the highest melting point of all nonalloyed metals. It is used in high-temperature structural materials and many electronic applications for a wide variety of products ranging from jet turbine engines and high-speed cutting tools to electronic circuitry and surgical instruments. China is now the world's largest producer and consumer of tungsten.

Qualified Person
Information of a technical nature in this news release regarding Atlanta has been reviewed by William L. (Bill) Josey who is a designated “Qualified Person” under NI 43-101. Mr. Josey is a registered professional geologist in the State of Arizona.

About the Company
Atlanta Gold Inc. (TSXV: ATG) holds through its 100% owned subsidiary, Atlanta Gold Corporation, leases, options or ownership interests in its Atlanta properties which comprise approximately 2,197 acres located 65 miles east of Boise, in Elmore County, Idaho. A long history of mining makes Atlanta very suitable for development of new mining projects.

The Company is focused on advancing its core asset, Atlanta, towards mine development and production and on acquiring, exploring and developing other attractive gold projects.

For further information:

Atlanta Gold Inc.:
Bill Baird
President and CEO
Telephone: (416) 777-0013
Fax: (416) 777-0014
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CHF Investor Relations:
Christopher Haldane
Account Manager
Telephone: (416) 868-1079 ext.237
Fax: (416) 868-6198
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