Ramrod drilling Atlanta property

Underground drilling is under way on the Atlanta gold property, 60 miles east of Boise, Idaho.

Consolidated Ramrod Gold (TSE) can earn a 51% interest from Atlanta Gold (TSE) by spending US$2.5 million on the first phase of exploration and a further US$7 million on the second phase, which will include a final feasibility study.

Seventeen holes have been drilled in a planned 12,000-ft. program, the purpose of which is to delineate the Atlanta orebody. This involves drilling a series of fan holes at 100-ft. spacings along a strike length of 1,200 ft. The eastern extension of the deposit is defined by two mineralized zones: the Main Atlanta Lode (which contains multiple veins within a 30-60-ft.-wide shear zone) and the 270 Split (a lateral vein which strikes into the Atlanta from the north).

Results from the first six holes are as follows:

Hole Interval Vein Width Gold Silver

(ft) (ft) (oz/t) (oz/t)

001 64.0- 68.0 270 4.0 0.104 1.47

84.5- 86.0 Main 1.5 0.161 0.26

97.0- 106.0 Main 9.0 0.104 0.02

106.0- 113.0 Main 7.0 0.141 0.06

002 56.4- 59.5 270 3.0 1.107 0.84

146.7- 151.4 Main 4.7 0.250 0.25

003 75.8- 83.2 270 7.4 0.183 0.10

112.5- 114.0 Main 1.5 0.139 0.06

004 144.7- 147.9 Main 3.0 0.701 9.19

005 157.5- 164.0 270 6.5 0.187 0.49

185.5- 188.0 Main 2.5 0.241 0.25

208.0- 211.5 Main 3.5 0.125 1.00

006 85.0- 89.0 270 4.0 0.322 0.86