ATW Venture Corp.

ATW Venture Corp.

December 04, 2006 09:00 ET

ATW Venture Corp. & Marifil Mines Sign "LOI" for Amarillo Copper-Gold Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 4, 2006) - ATW Venture Corp (TSX VENTURE:ATW) ("ATW" or "the Company") announces that it has signed a Letter of Intent ("LOI") with Marifil Mines Limited (TSX VENTURE:MFM) to joint venture into their property "Amarillo" located in the San Juan province, Argentina.

The LOI calls for ATW to pay US$57,500 non refundable for a due diligence period on the property. Terms of the JV will be finalized upon ATW completing a positive property review.

The Marifil wholly owned "Amarillo" copper-gold project is located within the Veladero - El Indio gold belt located in the Andes, Argentina. This gold belt is host to a number of large precious metal deposits including Barrick's Veladero (12.6 million ounces of gold) and Pascua Llama (18.3 million ounces of gold) deposits (figures quoted are from Barrick's proven and probable 2005 reserve statement).

The Amarillo property covers over 20 square kilometres of intensely altered sedimentary, volcanic and intrusive rocks that represent the upper levels of two or more large hydrothermal systems.

Previous exploration carried out on the property returned many significant gold anomalies from trenching over a 6 sq km area. Brent Butler, the Company's geologist is a qualified person under National Instrument 43-101 and has reviewed the contents of this news release.


Brent Butler, President & CEO

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

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