For thousands of other reports visit RSC's Mineral Intellingence Map
ATAC Resources Ltd.
Summary
| Project: | Rau | |
|---|---|---|
| Deposit: | Tiger | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 5/31/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 31-5-2016: ATAC Resources Ltd. announces a PEA report for its Tiger deposit at the Rau project. Updated PEA results incl. pre-tax NPV (5%) of $106.6M, IRR of 34.8%. ATAC Resources Ltd. (ATAC) retained Tetra Tech to prepare a National Instrument 43-101 (NI | |
| Resources: | (Resource, M+I): 5.68Mt @ 2.66g/t Au, 3.56g/t Ag | |
| CP/QP: | [Resources]: Gary Giroux (Giroux Consultants Ltd.) | |
| ABSTRACT: | ATAC Resources Ltd. (ATAC) retained Tetra Tech to prepare a National Instrument 43-101 (NI 43-101) preliminary economic assessment (PEA) for the Tiger Deposit (the Project) of the Rackla Gold Project (the RGP), located in Central Yukon, Canada. The effective date of this report is May 31, 2016 and the effective date of the Mineral Resource estimate is October 28, 2015. The Project is one of many mineralized showings within the Rau Property (the Property) and is the primary focus of this report. It is located in east-central Yukon, northeast of Mayo, and forms the western half of the RGP. The Property comprises 3,128 mineral claims that are 100% owned by ATAC, totaling 62,460 ha. There are no underlying royalties on the Property. Access to the Property is currently via a 900-m airstrip, located 7.5 km southeast of the the Project. The Wind River Trail, a winter road, starts at McQuesten Lake, near Keno City and crosses the central portion of the Property, 13 km west-northwest of the Project. The earliest reported exploration in the area occurred in 1922, following the discovery of silver mineralization at Keno Hill. Prospectors first identified mineralization at Carpenter Ridge, located in the far northwest corner of the Property. A modest amount of work was completed on the Property between 1922 and 2006. This work mostly focused on silver and Mississippi-valley-type lead-zinc mineralization. ATAC initially staked 64 claims in 2006 to cover a drainage where an isolated high gold value was reported by a regional-scale stream sediment geochemical survey. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report