As the company announced, it was by Pinson Mining Company (PMC), a subsidiary of Barrick Gold, informed that an expenditure has been incurred in the amount of $ 30 million for the Pinson property. According to an exploration agreement between PMC, Atna Resources Inc. and Atna Resources Ltd. of 14 August 2004 PMC thus entitled to increase its interest in the Pinson project from 30 to 70%. Atnas share of 70% to 30% decreases consequently.
