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Atlantic Industrial Minerals Provides Exploration Update on the Reefton Gold Project

Atlantic Industrial Minerals (ANL-H.V) today provided an exploration update on the Reefton Gold Project located in the Reefton Goldfield on the West Coast of New Zealand.

During December 2012, a field team was assembled for a field inspection of the Reefton Gold Project. The entrance to the 300 metre Morning Star adit was located and an access team was organized. The adit, which had not been entered since the 1920s, was entered successfully and the initial inspection of the first 200 metres of the adit identified sulfides, including arsenopyrite, and quartz veining and alteration in the stratigraphy. The inspection was halted at the 200 metre point due to an old roof collapse blocking the adit. An inspection of the final 100 metres of the adit including the main vein system will be conducted after clearing and re-timbering the fall area. No detailed sampling was completed during the initial inspection.

The geology and mineralization is extremely encouraging, Atlantic Industrial said.

The Company has assembled a team of consultants familiar with the area and is well-positioned to move to the next phase of exploration early this year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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