NEWS RELEASENovember 28, 2012 ATLANTAGOLD ACHIEVES CRITICAL ENVIRONMENTAL MILESTONE Toronto,Ontario, Atlanta Gold Inc. (TSXV: ATG; OTCQX: ATLDF) (the “Company”) recently installed a water filtrationand treatment system as an addition to its existing Pilot Water TreatmentFacility (“PWTF”) at the Atlanta project site, Idaho. This marks theachievement of a critical environmental milestone that meets the requirementsof the site’s existing water permit. “This innovative passive water filtration system wasinstalled as it was the system that met all requirements to treat the historicdischarge from the 900 Level Adit. Theserequirements included that the system not only be effective but require minimumenergy with low operating costs and capital outlay. We were not previously aware of this type ofapplication for this system, but expect now to be able to benefit from themarketing of it by another party,” said President & CEO, Wm. ErnestSimmons. Initial results from this system indicate the PWTF isnow meeting the existing National Pollutant Discharge Elimination System (“NPDES”)discharge permit requirements for arsenic and iron. Mr. Simmons commentedfurther, “I’m very pleased with the results thus far. Arsenic levels have been reduced from a highof approximately 5,000 ppb to non-detectable. Iron levels have been reduced from a high of 16,300 ppb to non-detectable( Table 1 Date Bulkhead Discharge Adit Discharge (Into Ponds) Ponds Discharge (into Tank #1) Tank #1, Cell #1 Effluent Into Tank #2 Tank #2, Cell #3 Effluent (Discharge to Montezuma Creek) As (µg/l) Fe (µg/l) As (µg/l) Fe (µg/l) As (µg/l) Fe (µg/l) As (µg/l) Fe (µg/l) As (µg/l) Fe (µg/l) 10/01/12 2840 15300 1830 11600 Oct avg 136 1774 11/05/12 3160 16300 1870 11600 173 2630 11/06/12 65 1550 29 430 11/08/12 10 70 11/13/12 2610 15200 1840 11000 6 210 11/15/12 1840 12000 11/19/12 2470 15200 1760 11900 198 3030 46 6080 Nov avg 2770 15500 1828 11620 169 2478 39 2613 The results shown in Table 1 demonstrate that the PWTFis currently removing approximately 99.9% of arsenic, and approximately 99% ofthe iron from the water prior to discharge into Montezuma Creek, which meetsthe NPDES discharge requirements for the system. With continued monitoring and adjustments tothe system if required, AGC and CENTRA believe that the system will meet the compliancerequirements for discharge by the court ordered date of December 15, 2012. About theCompanyAtlanta Gold Inc. holds through its 100% ownedsubsidiary, Atlanta Gold Corporation, leases, options or ownership interests inits Atlanta properties which comprise approximately 2,159 acres (8.74 squarekilometers) located 90 air kilometers east of Boise, in Elmore County, Idaho. Along history of mining makes Atlanta very suitable for development of newmining projects. The Company is focusedon advancing its core asset, Atlanta, towards mine development and production. Forward-LookingInformationThis newsrelease contains forward-looking information and forward-looking statements(collectively “forward-looking statements”) within the meaning of applicablesecurities laws. All statements, other than statements of historical fact, areforward-looking statements. We use words such as “may”, “intend”, “will”,“should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similarterminology to identify forward-looking statements, including with respect tothe time necessary to complete the upgrades to the pilot water treatmentfacility and the ability of the system to achieve compliance with the NPDESPermit. Such are based upon assumptions, estimates, opinions and analysis madeby management in light of its experience, current conditions and itsexpectations of future developments as well as other factors which it believesto be reasonable and relevant. These assumptions include the availability ofrequisite equipment and manpower, and the ability to achieve operatingestimates. Forward-looking statements involve known and unknown risks,uncertainties and other factors that may cause our actual results to differmaterially from those expressed or implied in the forward-looking statementsand accordingly, readers should not place undue reliance on those statements.Risks and uncertainties that may cause actual results to vary include, but arenot limited to, the Court’s discretion to refuse the relief requested and toimpose additional financial and other sanctions against AGC, the Company’s andAGC’s limited financial resources and their ability to raise sufficient fundson a timely basis to carry out the terms of the Court’s order (whether or notsuch order is amended), achieve its business objectives and continue as a goingconcern; operational and technical difficulties; changes in general economicconditions and in the financial markets; as well as other risks anduncertainties which are more fully described in the Company’s annual andquarterly Management’s Discussion and Analysis and in other Company filingswith securities and regulatory authorities which are available atwww.sedar.com. Should one or more risks and uncertainties materialize or shouldany assumptions prove incorrect, then actual results could vary materially fromthose expressed or implied in the forward-looking statements and accordingly,readers should not place undue reliance on those statements. Readers arecautioned that the foregoing lists of risks, uncertainties, assumptions andother factors are not exhaustive. Theforward-looking statements contained in this news release are made as of thedate hereof and the Company undertakes no obligation to update publicly or reviseany forward-looking statements contained herein or in any other documents filedwith securities regulatory authorities, whether as a result of new information,future events or otherwise, except in accordance with applicable securitieslaws. For further information contact: Atlanta Gold Inc. Wm. Ernest Simmons President and CEO Telephone: (208) 424-3343 Fax: (208) 338-6513 E-mail: esimmons@atlantagold.com Atlanta Gold Inc. Bill Baird Vice President and CFO Telephone: (416) 777-0013 Fax: (416) 777-0014 E-mail: info@atgoldinc.com CHF Investor Relations Juliet Heading Senior Account Manager Telephone: (416) 868-1079 ext. 239 Fax: (416) 868-6198 E-mail: juliet@chfir.com NEITHERTHE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM ISDEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FORTHE ADEQUACY OR ACCURACY OF THIS RELEASE.
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