GOLD: ATAC begins phase 2 drilling at Rackla project

YUKON – Vancouver-based ATAC Resources has begun the second phase of diamond drilling at the Rackla gold project 55 km northeast of […]

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YUKON – Vancouver-based ATAC Resources has begun the second phase of diamond drilling at the Rackla gold project 55 km northeast of Keno City. Of specific interest is the Orion target located within the Nadaleen Trend at the eastern end of the property. The Rackla project is of interest because of its close resemblance to Carlin-style mineralization in Nevada. The Anubis and Osiris clusters at Rackla are the only occurrences of this kind to have been found in Canada. The Orion target is located 300 metres west of the Anubis zone discovery hole AN-12-001 (8.51 metres of 19.85 g/t Au) within an area of strongly anomalous gold and other elements in soil geochemical response that has not been previously diamond drill tested. Mineralization at Orion occurs in both a debris flow-bearing fossiliferous limestone and a variably calcareous pyritic siltstone, but is most prevalent in a highly deformed and fractured structural setting in the hanging wall pyritic siltstone assemblage where a secondary cross fault intersects the Anubis Fault. rotary air blast (RAB) drilling in 2015 led to the discovery of 47.24 m of 3.79 g/t gold in hole ARB-15-026 which bottomed in gold mineralization. The first phase of the 2016 Orion drill program consisted of RAB drilling in the vicinity of the Anubis Fault, but results were inconclusive. The second phase will re-test a number of earlier RAB targets to gather better geological information and quality of samples. Visit www.ATACresources.com to learn more about the Rackla project.

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