Canadian Mining Journal

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GOLD: ATAC finds more high grade at un-optioned part of Rackla project



The ATAC team at the Rackla project. From left to right: Doug Goss (Chairman), Julia Lane (VP, Exploration), Ian Talbot (COO), Ed Cope (Technical Advisor) and Graham Downs (President & CEO). (Credit: ATAC Resources)

YUKON – ATAC Resources of Vancouver has intersected additional near surface, high grade oxide and sulphide mineralization at the Tiger gold deposit. The Tiger deposit is part of ATAC’s 100% owned Rau project, outside the area of the Rackla project currently under option to Barrick Gold.

The 2017 drilling program at Tiger focused on expanding the known resources within and adjacent to the open pit as proposed in last year’s preliminary economic assessment. The high grade oxide mineralization was extended eastward with 51.82 metres of 5.66 g/t gold in hole RAU-17-159. Sulphide grade and continuity was confirmed by hole RAU-17-156 that intersected 56.77 metres of 4.08 g/t gold. Sulphide mineralization was extended to the west when hole RAU-17-154 cut 64.01 metres of 2.46 g/t gold.

A new find of oxide gold mineralization was made at the Tiger East anomaly where hole RAU-17-160 intersected 21.34 metres of 2.59 g/t gold.

ATAC noted that the Tiger deposit is an intrusion related carbonate replacement style gold deposit. The mineralization is hosted within a moderately northeast dipping carbonate horizon located within a folded series of stacked limestone and volcanoclastic horizons. Gold mineralization occurs within both oxide and sulphide facies.

Find everything you want to know about Rackla, Canada’s only Carlin-style gold project, at www.ATACresources.com.