Atlanta Gold Inc. announced the retirement of James K. Gray, Wm. Ernest Simmons and John Jackson from its Board of Directors. Wm.

Ernest Simmons has also retired as President and CEO of the Company. However Mr. Simmons will continue as President, CEO and Director of Atlanta Gold Corporation, the Company's 100% owned subsidiary. The Board expects to fill the role of President and CEO and to add to the Board in the very near future.

In the interim, the Company's Board of Directors has retained R David Russell as a Consultant in an advisory role for the search of additional directors as well as the President and CEO of the Company. Mr. Russell will also advise the Company on corporate and operational matters. Mr. Russell is currently a director of Pure Nickel Inc. and the Chairman of the Board.

Mr. Russell was the Founder, President, CEO and Director of the former Apollo Gold Corporation. Additional positions included Vice-President and Chief Operating Officer of Getchell Gold Company/Placer Dome Gold, General Manager, US Operations, LAC Minerals Ltd. (now Barrick Gold).