Atlanta Gold Inc. (TSXV: ATG; OTC Pink: ATLDF) announces that Kenji Sakai has been appointed to its Board of Directors. Mr. Sakai is the Executive Director of Jipangu Inc. where he is responsible for developing business strategies, mergers and acquisitions.
Mr. Allan Folk has been appointed Chairman of the Board, succeeding James K. Gray as Chairman. Mr. Gray will continue as a member of the Board.
The Company also announced the retirement of W. Warren Holmes from its Board. Atlanta Gold sincerely thanks Mr. Holmes for his invaluable guidance and wise counsel during his tenure on the Board.
About the Company Atlanta Gold Inc. holds through its 100% owned subsidiary, Atlanta Gold Corporation (“AGC”), 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.
The Company is also focused on advancing its exploration and processing methods on the Neal Property, which is located approximately 15 miles from Boise, Idaho and comprises approximately 192 acres (0.78 square kilometres). The Neal Property’s geology is similar to that of the Atlanta Project and it provides the Company with all-season access to further refine the processing equipment and procedures. AGC holds a five-year lease on the Neal Property and has staked an additional seven contiguous claims on public land that was open to mineral entry.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160627006016/en/
Contact
Atlanta Gold Inc. Wm. Ernest Simmons, 208-424-3343 President and CEO Fax: 208-342-1014 esimmons@atlantagold.com or Peili Miao, 416-777-0013 Chief Financial Officer Fax: 416-777-0014 peilimiao@atgoldinc.com
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