ATAC hits more high grade gold

Canada gold, junior mining companies

ATAC Resources (V.ATC) released the final results from its 2017 exploration program at its 100% owned Osiris Project at the Rackla Gold Property, Yukon today.

Significant runs of high grade gold mineralization continue to characterize the various drilling zones:

Highlights

  • Hole OS-17-257 from the Conrad Zone intersected 12.19 m of 9.44 g/t gold in the 650 Fault corridor, a 75 m step-out from hole OS-17-238 (12.50 m of 20.78 g/t gold);
  • Hole OS-17-259 intersected 76.20 m of 3.54 g/t gold and 25.91 m of 5.44 g/t gold within the Conrad Upper Zone and 650 Fault corridor, respectively;
  • Sunrise Zone extended to depth with the intersection of 13.68 m of 4.55 g/t gold in hole OS-17-254; and,
  • Gold grade increased at depth within the northern part of the Osiris Zone where hole OS-17-258 returned 16.46 m of 5.29 g/t gold.

Building up enough ounces to create an economic gold mine pretty much in the middle of nowhere is all about the grade but it is also about how much mineralized rock there actually is. If you take a look at this 3D model you can see how the drill is defining a deposit at just one of the three projects at the site.

You can see more ATAC 3D models at Corebox.

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