43-101 Compliant Technical Report Confirms Upwards of 850,000 Gold Equivalent Ounces at ATW's Gullewa Gold-Copper

VANCOUVER, BRITISH COLUMBIA, Jun 19 (MARKET WIRE) --
ATW Venture Corp. (TSX VENTURE: ATW)(FRANKFURT: A3N) (the "Company") is
pleased to announce that the Company's 43-101 compliant Technical Report
on the Gullewa Project, authored by S. Godden & Associates Ltd. of the
UK, ("SGA" and the "Technical Report"), has been filed on SEDAR, at
www.sedar.com.

The Gullewa Project is located in the Yalgoo mineral field of Western
Australia, some 300 kilometres southwest of the Company's 100 percent
owned Burnakura gold mine. The Project area includes 535.45 square
kilometres in 29 contiguous mining tenements in a main tenement block,
plus 200 hectares / two square kilometres in a single, separate mining
tenement some 55 kilometres northeast of the main tenement block.

The main tenement block covers the prospective central and southern
portions of the Gullewa Greenstone Belt and includes Gullewa Mining
Centre, the Deflector deposit and the Michelangelo, Rock Steady, King
Solomon and Monarch prospects. In addition to six mined-out or partially
mined-out open pits, there are at least five other areas of historical
underground workings and up to 80 known soil, geochemical, gravity or
aeromagnetic ("geological") anomalies. Gold or gold-copper mineralization
was mined at each of the open pits and underground workings. Available
information suggests that each of the geological anomalies might be
associated with gold or gold-copper mineralization.

SGA concluded in the Technical Report that "the Gullewa Project covers a
large area within which there are a number of opportunities for short to
medium-term Project development through exploration, drilling to define
additional Mineral Resources, development of an openpit and underground
mining operation on the Deflector deposit and the processing of existing
stockpiles of mineralized material and tailings."

Mining infrastructure assets of the Gullewa Project include a
Carbon-In-Leach plant, at Gullewa Mining Centre, that, with
refurbishment, would be capable of processing up to 300,000 tonnes per
annum of gold mineralized material. Gullewa Mining Centre also includes a
licensed tailings disposal facility, a 50-person camp, offices,
workshops, bore fields and haulage roads.

The primary focus of the Technical Report is the Deflector deposit, which
has Measured and Indicated Mineral Resources totaling 1,704,000 tonnes at
an average grade of 4.18 grams per tonne ("g/t") gold (approximately
229,000 Troy ounces insitu), 6.87 g/t silver and 1.03% copper. In
addition, the Deflector deposit hosts an Inferred Mineral Resource
totaling 1,616,000 tonnes at an average grade of 6.5 g/t gold
(approximately 338,000 Troy ounces insitu), 3.41 g/t silver and 0.48%
copper. The Mineral Resource estimate is based on a 1.0 g/t gold
equivalent ("AuEq") grade cut-off and a 2.5 copper grade equivalence
(AuEq equals Au g/t + 2.5 x Cu%, silver grades were not considered).

Table 1 - Deflector Deposit Mineral Resources
---------------------------------------------------------
Gold Silver Copper
Category Tonnes (g/t) (g/t) (%)
---------------------------------------------------------
Measured 535,000 3.87 8.03 1.18
Indicated 1,169,000 4.32 6.34 0.96
Measured + Indicated 1,704,000 4.18 6.87 1.03
Inferred 1,616,000 6.50 3.41 0.48
---------------------------------------------------------

The database used to compile the Mineral Resource estimate for the
Deflector deposit contains data for 687 drill holes (70,967 metres)
resulting from various diamond and reverse circulation (RC) drilling
campaigns completed from the late 1990s to 2006. The database
specifically contains drill hole collar positions, survey information,
assay results and lithological rock codes. Data used in the estimation of
the Mineral Resources, as quoted in the Technical Report, was derived
from this database.

The Gullewa Project also includes Inferred Mineral Resources at the
Michelangelo, King Solomon/New Phoenix and Rock Steady deposits, yielding
approximately 89,500 Troy ounces of in situ gold at a 1.0 g/t gold grade
cut-off.

Table 2 - Other Mineral Resources, Gullewa Project Area
-------------------------------------------------
Gold Grade
Deposit Tonnes (g/t)
-------------------------------------------------
Michelangelo 1,690,000 1.19
King Solomon/New Phoenix 86,000 7.48
Rock Steady 38,000 3.60
-------------------------------------------------

The database used to compile the mineral resource estimates for the
Michelangelo, King Solomon/New Phoenix and Rock Steady deposits contains
data from 4,643 drillholes (70,565 metres) resulting from various reverse
circulation (RC), rotary air blast (RAB) and grade control drilling
campaigns completed from the late 1990s to 2004. The database
specifically contains drillhole collar positions, survey information,
assay results and lithological rock codes. Data used in the estimation of
the Mineral Resources, as quoted in the Technical Report, was derived
from this database.

The Mineral Resources for the Deflector deposit were estimated by Snowden
Mining Industry Consultants (Pty) Ltd. of Perth, Western Australia
("Snowden"), in August 2006. The Mineral Resources for the Michelangelo,
King Solomon/New Phoenix and Rock Steady deposits were estimated by
Geostat Services (Pty) Ltd. of Stirling, Western Australia ("Geostat"),
in May to July, 2004. Snowden's and Geostat's Mineral Resource estimate
reports were reviewed by SGA. The estimation processes were found to be
rigorous and thorough; the results are considered to reflect fairly the
Mineral Resources available as a consequence of exploration activity
across the Gullewa Project area. The Mineral Resource estimation methods
used by both Snowden and Geostat employed ordinary kriging applied to
block models, with the search parameters defined from the results of
variography analysis.

Stephen J. Godden, F.I.M.M.M.M., C. Eng., is the qualified person under
National Instrument 43-101. He is responsible for all sections of the
Technical Report and he reviewed the contents of this news release.

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.

Contacts:
ATW Venture Corp.
Luke Norman
(604) 662-8184 or Toll Free: 1-877-662-8184
(604) 602-1606 (FAX)
Email: investor@atwventure.com
Website: www.atwventure.com

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