Announcement Date: 2022-11-01
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: ATAC Resources Ltd.
Project name: Rackla
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 33.2m at 2.63g/t Au from 114.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: November 1, 2022 – Vancouver, BC – ATAC Resources Ltd. (“ATAC”) (TSX-V:ATC, OTCQB:ATADF) is pleased to announce results of diamond drilling at the Osiris Deposit on the Nadaleen Project, part of the broader Rackla Gold Property, Yukon. Five diamond drill holes were completed in 2022, totaling 1,551 m. Three holes targeted the Osiris Zone and one hole targeted each of the Sunrise and Conrad Zones. Hole OS-22-281 targeted a gap in drilling within the fold closure of the Conrad zone. Challenging drilling conditions led to loss of recovery and the hole was abandoned in the Nadaleen fault before intersecting the target zone. Holes OS-22-282 and -283 targeted the down dip extension of gold mineralization at the Osiris zone, undercutting OS-18-279 (16.16 m of 6.46 g/t gold). Hole OS-22-282 returned two intersections with significant gold.
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