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Thursday, October 13, 2011 2:48:51 PM
July 20, 2010 11:22 ET
ATW Options 70% of Gullewa Copper-Gold Project for AUD$9 Million
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 20, 2010) - ATW Gold Corp. (TSX VENTURE:ATW), ("ATW" or "the Company") is pleased to announce that its subsidiary, ATW Gold Corp. Australia PTY Ltd. ("ATW Australia") has entered into an agreement (the "Agreement") with Mutiny Gold Ltd. ("Mutiny") whereby Mutiny may earn an interest in ATW Australia's Gullewa Gold Project in Western Australia (the "Gullewa Project").
Gullewa is located 450 kilometres north of Perth, in the Yalgoo mineral fields of Western Australia. Gullewa is a 550 sq kilometre property that hosts several gold deposits of various size and grade, the most significant being the Deflector gold-copper deposit, which contains the following resources as disclosed in Table 3.1 to the NI 43-101 Technical Report on the Gullewa Gold-Copper Project dated June 13, 2008 as filed on SEDAR on June 18, 2008:
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