Atna Announces Gold Participating Bond Offering

GOLDEN, Colorado, November 23 - Atna Resources Ltd. ("Atna") - (TSX: ATN) is pleased to announce that it
has engaged Canaccord Adams Limited and CAT Brokerage AG to arrange a private
placement offering (the "Offering") of gold participating bonds (the
"Bonds"). Canaccord Adams Limited will also act as placing agent in
connection with the Offering of the Bonds.

The Bonds, which will mature on December 31, 2013, and will bear interest
at a rate of 10 per cent per annum on the declining balance. The Bonds will
represent a senior unsecured obligation of Atna by way of a corporate
guarantee. The Bonds will be redeemed in sixteen equal quarterly installments
based on a Gold Equivalent Amount. The Gold Equivalent Amount will be
established, at closing, by dividing the amount of the Offering by the lesser
of the London PM fixing price for gold and the trailing 30 day average London
PM fixing price for gold. The quarterly payments in gold will be converted to
participating interests in a gold exchange-traded fund equivalent to the
value of ounces delivered. It is expected that Atna and the Issuer will enter
into a gold sale agreement to provide for the delivery of gold in exchange
for the participating interests in the gold exchange-traded fund required to
satisfy the scheduled redemptions.

It is anticipated that the amount of gold committed over the term of the
Bonds will represent less than 20 per cent of the average annual forecast
gold production of Atna's wholly-owned Briggs Mine in California over the
term of the Bond. Atna intends to use the proceeds of the Offering for
corporate purposes including the construction and development of its Reward
Gold Mine in Nevada. Closing of the Offering will be subject to final
documentation as well as regulatory and final board approvals.

"We are very pleased to be able to avail ourselves of this innovative
financing structure, which of the financing alternatives available to us,
delivers what we believe to be the optimum value for our shareholders. This
financing structure, which is non-dilutive to our share structure, will allow
Atna to move towards construction of the Reward gold project," states James
Hesketh, President & CEO.

For additional information on Atna, please visit our website at
www.atna.com.

This news release contains certain "forward-looking statements," as
defined in the United States Private Securities Litigation Reform Act of
1995, and within the meaning of Canadian securities legislation, relating to
a proposed sale of gold participating bonds and the proposed use of proceeds.
Such statements include, without limitation, statements regarding the
anticipated amount of gold to be committed under the Bonds and the proposed
use of proceeds. Although Atna believes that such statements are reasonable,
it can give no assurance that such expectations will prove to be correct.
Forward-looking statements are statements that are not historical fact. They
are based on the beliefs, estimates and opinions of Atna's management on the
date the statements are made and they involve a number of risks and
uncertainties. Consequently, there can be no assurances that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Atna disclaims any
intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise except as
required by applicable law. Factors that could cause future results to differ
materially from those anticipated in these forward-looking statements
include: Atna's inability to secure subscriptions from subscribers to
complete the proposed gold bond sale in whole or in part, a management
decision to change the use of proceeds based on changing circumstances, Atna
might encounter problems such as the significant depreciation of metals
prices, accidents and other risks associated with mining exploration and
development operations, the risk that Atna will encounter unanticipated
geological factors, Atna's need for and ability to obtain additional
financing, and the other risk factors discussed in greater detail in Atna's
various filings on SEDAR (www.sedar.com) with Canadian securities regulators
and its filings with the U.S. Securities and Exchange Commission, including
Atna's 2008 Form 20-F dated March 31, 2009.

FOR FURTHER INFORMATION, CONTACT:

    James Hesketh, President and CEO - +1-303-278-8464
    Valerie Kimball, Investor Relations - toll free +1-877-692-8182
    Steve Sharpe / Ryan Cohen, Canaccord Adams Limited - +44(0)207-050-6500
    www.atna.com

James Hesketh, President and CEO, +1-303-278-8464, or Valerie Kimball, Investor Relations, +1-877-692-8182, both of Atna Resources Ltd.; Steve Sharpe or Ryan Cohen, both of Canaccord Adams Limited for Atna Resources Ltd., +44(0)207-050-6500