- Business
- Atlanta Gold Inc. (ATLDF) is a Canada-based junior gold exploration and development company focused on advancing its principal asset, the Atlanta gold project located northeast of Boise in Elmore County, Idaho; the project spans 2,159 acres in a historic mining district with past production of approximately 344,000 equivalent ounces of gold since the 1860s. The company offers gold exploration services, including drilling, resource estimation, metallurgical testing with conventional milling, gravity separation, and flotation to produce gold-silver concentrate achieving up to 90% gold recovery; it also pursues mine development activities such as water treatment, adit closure, creek diversions, and road realignments under approved U.S. Forest Service supplemental plans of operations. Founded in 1985 as Twin Mining Corporation and renamed Atlanta Gold Inc. in March 2007, the company is headquartered at First Canadian Place, Suite 5600, 100 King Street West, Toronto, Ontario, Canada M5X 1C9, and operates primarily in the United States with no reported subsidiaries or parent relationships. In recent years, the company received U.S. Forest Service approval for a supplemental plan of operations in 2012 supporting short-term water treatment and 900 Adit evaluation; announced an agreement in principle with Newmont Corporation for up to US$500,000 in equipment purchases and concentrate processing at Newmont's Nevada autoclave facility; updated its NI 43-101 resource estimate in early 2012 to 752,000 indicated ounces and 385,900 inferred ounces; and underwent board and management changes as late as December 2018 alongside environmental penalty resolutions, with no major acquisitions, funding rounds, or new product launches reported since. The company targets precious metals investors and maintains listings on OTC Pink Sheets (ATLDF) following its prior TSX Venture Exchange trading (ATG), emphasizing resource delineation in oxide gold deposits amid ongoing permitting and optimization efforts.