🕐08.12.09 - 03:00 Uhr

Atom Energy - Kalgoorlie North Gold Project - Historical High Grade Intercepts Confirmed



ASX Announcement 8 December 2009
Kalgoorlie North Gold Project - Historical High Grade Intercepts Confirmed ------------------------------------------------------------------------------- Highlights: Bonanza grade gold mineralisation has been identified from historical drilling outside of existing resources Significant historical results include: - 11 m @ 458.9 g/t, including 1.0 m @ 3112 g/t, Hole BCRB2194 - 17 m @ 3.5 g/t, including 2.0 m @ 11.68 g/t, Hole DXL107 - 4.0 m @ 16.1 g/t, including 1.0 m @ 58.6 g/t, Hole BCRC165 - 14 m @ 60.82 g/t, including 1.0 m @ 684 g/t, Hole BCRC173 Historical drill results confirm high grade potential of mineralisation and substantial targets beyond existing resources Multiple mineralised structures and extensive existing drilling database offer potential for continued resource expansion in a major gold producing region with excellent infrastructure and proximity to existing processing facilities Targets will be drill tested by extensive programs in 2010
Emerging gold explorer, Atom Energy Limited (Atom) is pleased to announce early stage results from a comprehensive regional targeting program that is currently being conducted on the Kalgoorlie North Gold Project.

The identification of a significant number of advanced high grade exploration targets exemplifies the potential for both near surface and underground high grade deposits within the project area. Results: The historical results from the Eureka shear zone in the west of the Project area are very encouraging.

Historical drilling on the northern extensions to the shear, which hosts the Eureka deposit, was conducted on a North-North Westerly orientation to test the major shear. High grade intercepts encountered are located in close proximity to a North-Easterly orientated cross cutting structure, identified from detailed airborne magnetic survey information, which has been poorly drill tested. At the Excelsior deposit to the east, which currently hosts an Inferred Resource of 187,000ozs from 4.2 Mt @ 1.4 g/t, numerous intercepts beyond the current extents of the resource require furtherdrilling to test the mineralisation within the Excelsior Shear Zone.

Drilling is currently progressing in this area. Planned Drilling: Based on the outstanding historical drill results, an RC drilling program is being planned to target mineralisation which has not been adequately tested by the historical drilling.

Dominant regional North-North Westerly structures have been the focus of previous drilling while high grade North-East cross cutting structures, which have returned assays up to 3112g/t, warrant careful evaluation and targeted drilling.

Atom Energys highly experienced technical team seeks to target these high grade cross cutting structures with drilling programs during 2010. To download the full announcement, click here http://esp.gewru.com/download/files/12414/1023009/Atom%20Energy%20-%20Kalgoorlie%20North%20Gold%20Project%20-%20Historical%20High%20Gr.pdf
For further information, please contact: Atom Energy Limited Bruce Lane Executive Director T: + 61 8 9481 2276 E: Media Felicity Nuttall Professional Public Relations T: + 61 8 9388 0944 E:
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