Canadian Mining Journal

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GOLD: ATAC opts for private placement to fund Rackla program



YUKON – Vancouver-based ATAC Resources has raised $3.25 million through a private placement with which to fund exploration at the Rackla gold project 55 km northeast of Keno City. The company has issued 5 million flow-through shares at a price of $0.65 per share.

The Rackla project is notable because it occurs in a Carlin type gold district, the only one of its kind known in Canada. Similar districts are occur in central Nevada. Since beginning exploration in 2010, ATAC has confirmed five Carlin type zones of gold mineralization. The Osiris and Anubis clusters have been the focus of drilling so far, but there are numerous other potential targets.

Maps, figures and excellent photo galleries are available at www.ATACResources.com.


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