ATN recently acquired Wirralie Mines Pty Ltd from Placer Dome...

ATN recently acquired Wirralie Mines Pty Ltd from Placer Dome Asia which is the owner of the Drummond Basin gold assets including the Wirralie mine, a 1.5 Mtpa CIP/CIL treatment plant and infrastructure & 3600km2 of exploration tenements.

An independant report by RSG Global indicated an oxide resource at Wirralie recovering 85k/oz in under two years @ the gold price of the study of au$550/oz.
Keep in mind that at au$575 the recoverable ounces increase to 100koz au.

In other words ATN is on the verge of a massive turn around. At au$550/oz ATN could have a mine capable of delivering au$12 million in cash flow at a very short period of time with capital costs less than $2 million

I hold