ANL.H Atlantic Industrial Minerals Inc

Atlantic Industrial Minerals ("ANL" or "the Company") (TSX VENTURE:ANL.H) is
pleased to provide an exploration update on the Reefton Gold Project located in
the Reefton Goldfield on the West Coast of New Zealand (see news release dated
September 27, 2012). The project is located west of Oceana's Globe Progress mine
area and is in the same sequence of rocks. Old gold workings in the area,
including the Morning Star workings which are located on the ANL holdings,
demonstrate the potential of the project. 


During December 2012, a field team was assembled for a field inspection of the
Reefton Gold Project. The entrance to the 300 metre Morning Star adit was
located and an access team was organized. The adit, which had not been entered
since the 1920s, was entered successfully and the initial inspection of the
first 200 metres of the adit identified sulfides, including arsenopyrite, and
quartz veining and alteration in the stratigraphy. The inspection was halted at
the 200 metre point due to an old roof collapse blocking the adit. An inspection
of the final 100 metres of the adit including the main vein system will be
conducted after clearing and re-timbering the fall area. No detailed sampling
was completed during the initial inspection.


The geology and mineralization is extremely encouraging. Generally, within the
Reefton Goldfield, the type of veining identified and presence of sulphides is
indicative of the presence of gold mineralization. Other than the collapsed
area, the adit conditions appear to be excellent and the next phase of work will
be to refurbish the workings which will allow for mapping, sampling, assaying
and spot locations for underground drilling.


The Company has assembled a team of consultants familiar with the area and is
well-positioned to move to the next phase of exploration early this year.


About Atlantic Industrial Minerals

ANL wholly owns Glencoe Resources Inc. which holds the 1425 hectares Glencoe
carbonate property, and directly owns the 448 hectares Kewstoke carbonate
property, both located in Cape Breton, Nova Scotia. 


ANL holds under option a 100% interest in the 14,000 hectares Reefton Gold
Project in South Island, New Zealand.


On behalf of the Board 

Colin J. MacDonald 

President & CEO 

This press release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address future exploration drilling,
exploration activities and events or developments that the Company expects, are
forward-looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual
results or developments may differ materially from those in forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices, exploitation and
exploration successes, continued availability of capital and financing, and
general economic, market or business conditions. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Atlantic Industrial Minerals Inc.
Colin J. MacDonald
President & CEO
(902) 832-5424

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