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TORONTO,
Feb. 4, 2014 /CNW/ - Atlanta Gold
Inc. (TSXV: ATG) (OTCQX: ATLDF) (the "Company") today
reported that the United States Forest Service has granted approval
to the Company's road maintenance plan for 2014. The plan
covers improvements to Forest Service road FS207, which provides
the primary access to the Company's Atlanta Project located in
Elmore County, Idaho. The
maintenance will include, but not be limited to, widening the road,
establishing safety berms in certain areas and installing water
bars, ditches, silt fences and catch basins to minimize
erosion. A realignment of the road has been approved and it
will allow for a minimum of 50 feet (15 meter) inside turning
radius in the curves of the road that will provide safer access for
larger vehicles.
Atlanta Gold's President and CEO Wm.
Ernest Simmons said, "This
maintenance agreement with the Forest Service for the FS207 road
allows the Company to make improvements that will provide better
and safer access to the Atlanta Project. It also allows for
improved erosion controls to be implemented, which will provide us
with the ability to exercise best management practices and better
protect the environment."
"This road provides important access to our
Atlanta Project where we will be excavating and processing a bulk
sample this summer and the improvements will provide safer access
for the equipment necessary to complete the sample. The road
will also serve as a fire break and a potential fire escape route
for the residents of the town of Atlanta and it reflects our commitment to
continuous improvement of our overall environmental and safety
plans."
About the Company
Atlanta Gold Inc. holds through its 100%
owned subsidiary, Atlanta Gold Corporation, leases, options or
ownership interests in its Atlanta
properties which comprise approximately 2,159 acres (8.74 square
kilometres) located 90 air kilometers 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.
Forward-Looking Information
This news release contains forward-looking information and
forward-looking statements (collectively "forward-looking
statements") within the meaning of applicable securities laws,
including with respect to the completion of improvements to U.S.
Forest Service road FS207 and completion of a bulk sample and the
timing thereof. Such are based upon assumptions, opinions and
analysis made by management in light of its experience, current
conditions and its expectations of future developments as well as
other factors that management believe to be reasonable and
relevant. These assumptions include those concerning the
completion of additional financings, the availability of equipment
and manpower, the ability to achieve operating and cost estimates
and general business and economic conditions. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results to differ materially from
those expressed or implied in the forward-looking statements and
accordingly, readers should not place undue reliance on those
statements. Risks and uncertainties that may cause actual
results to vary include, but are not limited to, the Company's
limited financial resources and its ability to raise sufficient
funds on a timely basis to fund the capital and operating expenses
necessary to carry out its planned initiatives; fluctuations in
resource prices and currency exchange rates; the speculative nature
of mineral exploration and mining (including with respect to the
interpretation of geology, continuity, size and grade estimates and
the recoverability of resource estimates); operational and
technical difficulties which could increase operating and/or
capital costs; risks and hazards associated with the business of
mineral exploration, development and mining, including
environmental, health and safety hazards; changes in laws or
regulations and the risk of obtaining necessary consents, licenses
and permits; changes in general economic conditions and in the
financial markets; as well as other risks and uncertainties which
are more fully described in the Company's annual and quarterly
Management's Discussion and Analysis and in other Company filings
with securities and regulatory authorities which are available at
www.sedar.com. Should one or more risks and uncertainties
materialize or should any assumptions prove incorrect, then actual
results could vary materially from those expressed or implied in
the forward-looking statements and accordingly, readers should not
place undue reliance on those statements. Readers are cautioned
that the foregoing lists of risks, uncertainties, assumptions and
other factors are not exhaustive. The forward-looking
statements contained in this news release are made as of the date
hereof and the Company undertakes no obligation to update publicly
or revise any forward-looking statements contained herein or in any
other documents filed with securities regulatory authorities,
whether as a result of new information, future events or otherwise,
except in accordance with applicable securities laws.
To receive Company news via email, contact
bren@chfir.com and mention "Atlanta Gold News" in the subject
line.
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SOURCE Atlanta Gold Inc.