Touquoy

Touquoy has been expanded to an open-pittable resource of 656,000 ounces of gold with exciting upside and favourable mining and processing characteristics. A major step towards bringing the Touquoy Gold Project into production was achieved on 1 February 2008 when environmental approval was granted by the Nova Scotia Minister for Environment. A 60% interest has been earned and Atlantic Gold has an option to earn up to 75% interest in the project.

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Cochrane Hill

The Cochrane Hill property is located 80 km east of Atlantic Gold's Touquoy Gold Project and secures 5 km of highly prospective terrain. The Cochrane Hill resource was recently upgraded to 10.0 million tonnes @ 1.7 g/t for 547,000 contained ounces of gold. A resource development drilling program is underway to determine the most profitable approach to accessing this resource.

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Nova Scotia Regional

Reconnaissance exploration over broad tracts of highly prospective, under-explored, wholly-owned tenements and more detailed exploration targeting well mineralised positions on optioned properties.

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Ellendale

53% interest in the Ellendale Joint Venture in the Kimberley Region, Western Australia was sold in March 2006 to the Company's former joint venture partner, Blina Diamonds NL.
 

Kookynie

The Company has exchanged a letter of intent with joint venture partners Barminco Investments Pty Ltd and Kookynie Resources Pty Ltd ("Kookynie Partnership") for the Kookynie Partnership to acquire an option to purchase Atlantic Gold's interest in the Kookynie Tenements.
 

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