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ATAC Resources Ltd.
Summary
| Project: | Osiris | |
|---|---|---|
| Deposit: | Sunrise, Conrad, Osiris | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-10-2017: ATAC Resources Ltd. announces an Exploration/Drilling Update report for its Sunrise, Conrad, Osiris deposit at the Osiris project. Drilling results incl. 15.24m @ 13.52g/t Au from 344.42m. October 10, 2017 - Vancouver, BC - ATAC Resources Ltd. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Julia Lane (Internal) | |
| ABSTRACT: | October 10, 2017 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce results of an additional ten diamond drill holes from the Sunrise, Conrad and Osiris Zones within ATAC’s 100% owned Osiris Project at the Rackla Gold Property, Yukon. The Osiris Project is located wholly outside of the area currently under option to Barrick Gold Corporation, as announced on April 10, 2017. “These encouraging results from all three zones are the outcome of the team’s dedication to science-based exploration. In particular, the team has combined advancements in 3D modeling with lithogeochemical interpretations to target higher grade fluid corridors resulting in highgrade gold intersections,” states ATAC’s Technical Advisor, Ed Cope. “The high gold grades and thicknesses intersected in the Sunrise Zone in holes OS-17-247 and OS-17-249, along with increasing grade at depth is exciting and provides excellent potential for future exploration success.” The primary objective of the 2017 drilling at the Sunrise Zone was to systematically step-out from previously defined mineralization and to test the wide gaps between previous drill holes. The initial 2017 Sunrise holes successfully extended gold mineralization at depth. Hole OS-17- 249 was drilled on the eastern side of the zone and returned intersections of 10.42 m of 7.97 g/t gold and 15.24 m of 13.52 g/t gold. Results from hole OS-17-249 included the highest grade intersection received to date at Sunrise. Results also show a bifurcation of the mineralized zone and an increase in the gold grade with depth in this area. The Sunrise Zone remains open to depth and along strike. | |
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