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ATAC Resources Ltd.
Summary
| Project: | Osiris | |
|---|---|---|
| Deposit: | Conrad Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-8-2017: ATAC Resources Ltd. announces an Exploration/Drilling Update report for its Conrad Zone deposit at the Osiris project. Drilling results incl. 67.06m @ 3.35g/t Au from 487.68m. August 17, 2017 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Julia Lane (Internal) | |
| ABSTRACT: | August 17, 2017 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce results of the first four diamond drill holes from the Conrad Zone within the Osiris Project at the Rackla Gold Property, Yukon. All four holes were designed to test new areas of mineralization and crosscutting faults believed to be associated with high-grade gold mineralization in the vicinity of the 350 Faults on the western side of the Conrad Zone. All holes that intersected gold mineralization returned grades consistent with previous Conrad drilling. “The identification of a new area of high-grade gold mineralization and the confirmation that the 350 Faults play an important role in the localization of high-grade Carlin-type gold mineralization at Conrad, are key developments for future drill targeting,” states Graham Downs, ATAC’s President and CEO. “With five drills turning across the entire Rackla Gold Property, we anticipate significant new information and a steady flow of news over the coming months that will further shape what we believe is one of the most exciting gold exploration projects in North America.” The 350 and 650 Fault areas distinctly bracket a surficial zone of highly elevated arsenic-in-soil response on the western and eastern sides of the Conrad Zone, respectively. Drilling prior to 2017 did not adequately test these areas due to the sub-parallel orientation of the northerly trending faults relative to previous drilling | |
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