ATW Gold's first gold pour at Burnakura

[needan]

ATW Gold Corp. has commenced mining and production at its wholly owned Burnakura gold mine in Western Australia on March 3, 2009. An initial shipment of pregnant carbon was sent to Como Carbon Services in Perth, Australia, on Sunday, March 22, 2009. The first gold pour is expected on March 27, 2009.

This first gold pour represents recovery from only a few days of production. It is an important test of plant operation, plant capacity and gold recovery rates. During this start-up phase, the plant has been operating at 75 per cent capacity, allowing time for the leach circuit to get fully charged. The Burnakura gold mine is on target to reach its full production within 90 days.

Brent Butler, president and chief executive officer, commented, "With this first gold pour, ATW reaches another significant milestone and we expect our produced gold ounces will increase with each successive pour until full production is reached within 60 to 90 days."

[omon]

Vancouver, BC – ATW Gold Corp. (ATW: TSX-V) (“ATW” or the “Company”), is pleased to report that it has completed the commissioning phase and achieved commercial production at its wholly owned Burnakura Gold Mine in Western Australia. Since mining and processing operations began on March 3rd, 2009, output has reached the point where this week’s pour results in total recovered gold ounces surpassing the 5,000 ounce mark. Accordingly, effective June 1, 2009, the Company will begin reporting quarterly financial results of operations from the Burnakura Mine.

As a result of Burnakura reaching the first targeted commercial level of 36,000 ounces annually, the planned expansion targeting 50,000 ounces of annual gold production is underway. Simulus Consultants of Perth, Australia, was contracted to complete plant optimization, which began on June 10, 2009.

Simulus is a specialist process engineering consultancy with particular expertise in mine process simulation. The company offers full, multidisciplinary engineering capabilities related to process design and optimization through to project management and construction. With a portfolio of some 70 clients in 21 countries, Simulus is listed as a Fast100 Business in the 2007 Australia’s top 100 growing businesses list and was awarded Australian Best Small Business of the Year in 2006.

Brent Butler, President and CEO, stated: “We are very encouraged with the speed at which the ramp-up to commercial production at Burnakura was achieved. Efforts to maximize recoveries, output and throughput, will continue as our engineering teams work diligently to achieve the increased rate of 50,000 gold ounces per annum this year.”

[needan]

ATW Gold Corp. has released the first drill results from the 10,000-metre drill program under way at its wholly owned Gullewa gold mine in Western Australia. The current program is designed to accomplish two goals: confirm widths and grade of mineralization in the main Deflector deposit previously defined through reverse circulation drilling; and test potential extensions north and south of the main Deflector deposit.

To date, the company has completed 34 diamond drill holes with assay results having been received for 13 of the completed drill holes. Significant results of the first holes into the main Deflector deposit are in the table entitled, "Confirmation drilling of the main Deflector deposit."

CONFIRMATION DRILLING OF THE MAIN DEFLECTOR DEPOSIT

Hole From To Interval Au Cu Ag
ID (m) (m) (m) (g/t) (%) (g/t)

9DEF001 98 105 7 1.54 4.8 21.8
9DEF002 79.8 82 2.2 1.53 2.4 21.4
and 98 99 1 89.63 2.4 25.0
9DEF003 85 87 2 6.92 1.6 20.5
and 100 107 7 15.68 3.2 22.0
9DEF004 98 102 4 4.25 3.9 14.3
9DEF005 89 90 1 9.51 0.1 2.0
9DEF006 50 54 4 5.50 1.4 10.2
9DEF007 55.5 72.5 17 1.58 2.5 16.4
incl. 68.5 70.5 2 8.45 13.3 117.4
9DEF009 124 127 3 2.91 0.5 4.0
and 148 149 1 2.24 0.0 0.0
and 159 160 1 2.96 0.1 0.0
9DEF011 67 68 1 4.04 Pending Pending

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ATW Gold Corp. has entered into a binding letter agreement with Kinbauri Gold Corp. to combine the two companies under a plan of arrangement. Pursuant to the agreement, Kinbauri shares will be exchanged at the agreed ratio of 1.35 ATW shares for each Kinbauri share, implying a purchase price of 85 cents per Kinbauri share using closing share prices on July 10, 2009.

[omon]

ATW Gold Corp. has terminated its letter agreement with Kinbauri Gold Corp. dated July 12, 2009. As a result, it will not be proceeding with the plan of arrangement contemplated in the agreement.
Section 18(c) of the agreement provides ATW with the right to terminate if Kinbauri's board of directors fails to confirm its unanimous approval of the plan of arrangement to Kinbauri's shareholders. In the nearly three weeks since the agreement was signed, that confirmation has not been announced to Kinbauri shareholders.
"While we are disappointed with the termination of the Kinbauri Agreement, we will continue to seek opportunities which will further promote the company's growth and move it closer to its goal of becoming a mid-tier gold producer," commented ATW chairman, Graham Harris. "We continue to focus on increasing production from the Burnakura mine and on advancing the Gullewa mine toward production."

[omon]

ATW Gold Corp. has released additional drill results from its wholly owned Gullewa gold mine, located in Western Australia. Highlights include a four-metre intercept grading 10.35 grams per tonne gold, 12.32 per cent copper and 72.3 grams per tonne silver.

Based on drilling by previous operators, the Deflector deposit was thought to be closed off north and south. Work completed by ATW during 2008, indicated mineralization might be present in lateral extensions north and south of the deposit, but modestly offset by faulting. As a result, ATW embarked on the current drill program to test all gravity and Induced Polarization (IP) targets to locate any Deflector extensions. This drilling was wide spaced and drilled over several kilometres both north and south of the Deflector program...

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ATW Gold Corp. has engaged Haywood Securities Inc. to act as its exclusive financial adviser and to perform a strategic review of the company.

The company is considering all potential alternatives, including the sale, spin-out or joint venture of the company's Burnakura and Gullewa gold projects. There can be no assurance that the company will complete any transaction that may arise in connection with any of the above.

Graham Harris, chairman, commented, "We are pleased to have Haywood Securities act as financial advisor during the strategic review of our Australian assets. Haywood's in-depth understanding of the global gold mining industry along with their extensive industry contacts will ensure maximum shareholder value is realized."