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ATAC Resources Ltd.
Summary
| Project: | Osiris | |
|---|---|---|
| Deposit: | Osiris | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-8-2017: ATAC Resources Ltd. announces an Exploration/Drilling Update report for its Osiris deposit at the Osiris project. Drilling results incl. 12.5m @ 20.78g/t Au from 54.86m. August 29, 2017 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Julia Lane (Internal) | |
| ABSTRACT: | August 29, 2017 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce results of an additional four diamond drill holes from the Conrad and Osiris Zones within the Osiris Project at the Rackla Gold Property, Yukon. “The newly identified gold mineralization intersected in hole OS-17-238 is an exciting development as it confirms our belief that the 650 Fault zone plays an important structural role in the mineralizing system at Conrad,” commented Julia Lane, ATAC’s VP of Exploration. “Only very limited drilling has occurred near OS-17-238 previously, therefore the discovery of this new mineralization adds to the exploration potential in this area.” Drilling at the Osiris Zone in 2017 is aimed at testing the favourable limestone and overlying dolostone units in proximity to faults that offset the Osiris stratigraphy. Drilling is also focusing on expanding upon the limited wide-spaced drilling that was last completed in the northern portion of the Osiris Zone in 2011. Both holes OS-17-237 and OS-17-239 targeted an area on the western limb of the Osiris anticline that is cut by southeast trending cross faults. Drilling along the western limb of the Osiris Zone is ongoing. At the time of this release, a total of 8,300 m of diamond drilling has been completed at the Osiris Project. Two drills continue to test the Conrad, Osiris and Sunrise Zones. | |
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