ATW Venture Corp.
TSX VENTURE : ATW
FRANKFURT : A3N

ATW Venture Corp.

April 25, 2008 09:00 ET

ATW Venture Corp.: Burnakura Drill Results-April

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 25, 2008) - ATW Venture Corp. (TSX VENTURE:ATW)(FRANKFURT:A3N), ("ATW" or "the Company"), is pleased to report further drill results from its recently completed 24 hole Reverse Circulation ("RC") drill program for 4,110m. In the news release dated February 28, 2008, ATW announced drill results from four holes drilled immediately north of the NOA2 underground workings. ATW has now received all assays except for the last 2 holes drilled which are expected at the end of the month.

ATW's RC drill program focused on two areas:

1. Alliance/New Alliance sulphide targets

2. Step-out drilling (40m spacing's) targeting possible mineralized zones from the Level 5 decline out to NOA7-8

ALLIANCE

The Alliance open cut 25m deep pit lies approximately 1km south of the gold processing plant. Previous drilling at Alliance intersected high grade mineralization beneath the pit. Tabulated below are some of the significant intercepts.



--------------------------------------------------------------------------
Interval Au
Hole North East Depth Azimuth Dip From To (m) (g/t)
--------------------------------------------------------------------------
ARD009 7500 5475 80 0 -90 69 70 1 29.92
--------------------------------------------------------------------------
FC561 7500 5455 90 0 -90 57 58 1 33.60
--------------------------------------------------------------------------
FC562 7520 5420 75 0 -90 43 44 1 39.60
--------------------------------------------------------------------------
AD158 7530 5438 70 265 -60 48 49 1 12.87
--------------------------------------------------------------------------
ARC082 7685 5376 30 220 -60 24 25 1 24.98
--------------------------------------------------------------------------
ARC083 7675 5380 35 0 -90 28 29 1 22.15
--------------------------------------------------------------------------
AD105 7690 5423 70 260 -60 52 54 2 9.04
--------------------------------------------------------------------------


Two drill holes from Q1 RC drill program were drilled on section 7680N to extend the known mineralization at 50m vertical depth, downdip of drill hole AD105. The drill holes were successful in extending the mineralization to 80m vertical depth. Results are tabulated below:



--------------------------------------------------------------------------
Interval Au
Hole North East Depth Azimuth Dip From To (m) (g/t)
--------------------------------------------------------------------------
8ALC001 7007842 645578 90 268 -60 59 60 1 9.18
--------------------------------------------------------------------------
8ALC002 7007841 645601 96 268 -60 72 73 2 12.37
--------------------------------------------------------------------------


ATW has engaged a contract Mining Engineer to undertake a preliminary underground mining study to assess the economics of mining these high grade shoots extending from the Alliance pit. During Q2 ATW plans to pattern drill the high grade mineralization over a 200m strike length (confirmed by drill results above) to better delineate a possible resource as a high grade supplementary ore supply to NOA2.

NEW ALLIANCE

The New Alliance open cut 80m deep pit lies immediately north of the Alliance pit. Previous drilling intersected high grade at the north end of the pit, as tabulated below:



--------------------------------------------------------------------------
Interval Au
Hole North East Depth Azimuth Dip From To (m) (g/t)
--------------------------------------------------------------------------
NARD141 8279 5748 95 309 -60 85.1 89.4 4.3 55.22
--------------------------------------------------------------------------


Access is somewhat challenging to due safety closure walls at the margin of the open cut and will require one day of earthworks with a dozer to fully access drill targets. The drill hole inclination was set at 55 degrees to compensate for the poor access. The drill hole may have steepened and hence drilled off target. Weak mineralization was intersected and is tabulated below. ATW plans to complete the necessary earthworks in Q2 and drill several core holes.



--------------------------------------------------------------------------
Interval Au
Hole North East Depth Azimuth Dip From To (m) (g/t)
--------------------------------------------------------------------------
8NAC001 7008367 645932 170 312 -55 113 115 2 2.41
--------------------------------------------------------------------------


NOA LINE

On February 28, 2008 ATW announced results of the first four holes drilled at NOA2 as tabulated below:



--------------------------------------------------------------------------
Interval Au
Hole North East Depth Azimuth Dip From To (m) (g/t)
--------------------------------------------------------------------------
8NAC001 7010310 645610 150 268 -60 122 126 4 3.02
--------------------------------------------------------------------------
133 139 6 3.16
--------------------------------------------------------------------------
8NAC002 7010293 645621 156 268 -60 138 147 9 11.20
--------------------------------------------------------------------------
8NAC003 7010223 645632 124 267 -60 not reached target depth
--------------------------------------------------------------------------
8NAC004 7010333 645652 209 270 -60 152 155 3 11.96
--------------------------------------------------------------------------


The drill rig had difficulty drilling past 80m vertical past this depth. The drilling rate averaged 80m per day, therefore slow penetration rates applied; hence, adding additional expenses to the program. Discussions were held between the Planning Engineer and the Geologist to re-design the exploration program to be cost effective yet enhance the understanding of geological and engineering planning.

The drill program was modified to a 40m spaced step-out plan to target undrilled areas outside the block models of NOA2 & NOA7-8. The program was successful in delineating several new mineralized zones that will be followed up by core drilling.



--------------------------------------------------------------------------
Interval Au
Hole North East Depth Azimuth Dip From To (m) (g/t)
--------------------------------------------------------------------------
8NOAC005 7010367 645640 219 270 -60 203 204 1 3.16
--------------------------------------------------------------------------
8NOAC007 7010383 645572 158 270 -60 103 104 1 3.50
--------------------------------------------------------------------------
8NOAC008 7010457 645636 197 270 -60 5 7 2 39.05
--------------------------------------------------------------------------
8NOAC016 7010843 645477 202 269 -60 120 121 1 6.28
--------------------------------------------------------------------------
8NOAC016 7010282 645733 249 270 -70 195 196 1 4.14
--------------------------------------------------------------------------


A core rig is expected to be mobilized on site in late May followed up by two additional drill rigs in late June. Drilling will focus on:

1. Targeting downdip extensions of 8NOAC002 and 8NOAC004 drill intercepts to increase the current ounce inventory at NOA2;

2. Targeting downdip extension of Extract/Tectonic's 2006 drill program at NOA2 including the 100m step-out (RB06CBU019 - highlighted) in a previously undiscovered mineralized area. Their summarized results are tabulated below.



--------------------------------------------------------------------------
Interval Au
Hole North East Depth Azimuth Dip From To (m) (g/t)
--------------------------------------------------------------------------
RC06BU002 645913 7010377 228 272 -60 212 217 5 9.11
--------------------------------------------------------------------------
RC06BU005 645840 7010380 198 273 -70 163 170 7 17.30
--------------------------------------------------------------------------
RC06BU015 645912 7010418 246 246 -71 221 227 6 22.80
--------------------------------------------------------------------------
RC06BU019 645690 7010499 132 132 -90 104 108 4 5.99
--------------------------------------------------------------------------


3. Targeting the downdip extensions of Q1 drill results.

4. Drill to define resources at the high grade shoots at both Alliance & New Alliance.

Brent Butler, President and CEO of ATW Venture Corp., is responsible for the Burnakura exploration program. The contents of this news release have been reviewed by Brent Butler who is a qualified person as defined by National Instrument 43-101. All samples were submitted for preparation and analysis using fire assay with an AAS finish by Genalysis Laboratory Services Pty Ltd at its facilities in Perth, Western Australia.

An updated and amended NI 43-101 compliant Report on the Burnakura Project has been filed on SEDAR. The Report, dated April 4, 2008, updates and amends the Report filed on January 16, 2008 to include work completed in January, 2008 and to expand the recommended work program on the Burnakura Project to approximately AUD$2,000,000. The readers can review the updated report by going to www.sedar.com and searching the Company's filings.

"ATW is making significant and rapid progress toward re-establishing production at Burnakura. The results of this first stage of drilling are indicative of our ability to expand the resource. It is particularly encouraging that we continue to hit high grades. We have scheduled our next drilling program to commence in approximately 3 weeks," says Brent Butler, President and CEO of ATW Venture Corp.

ATW VENTURE CORP.

Brent Butler, President & CEO

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information