Vancouver, BC – ATAC Resources Ltd. (“ATAC”) (TSX-V:ATC, OTCQB:ATADF) is pleased to announce prospecting, soil sampling, and Induced Polarization (“IP”) results from 2022 Phase 1 exploration and commencement of a Phase 2 maiden drill program at the Catch property (“the Property”) in Yukon.
Exploration Highlights
- Primary copper-in-soil anomaly extended by 1.5 km to total of 5 km x 500 m, with multiple additional target areas identified (figures 1 & 2);
- Widespread copper mineralization observed at surface in the primary target area, with grab samples (figure 3) returning values including:
- 1.57% copper;
- 1.01% copper with 1.03 g/t gold; and
- 0.70% copper with 2.82 g/t gold;
- IP surveys returned a 1,000 x 600 x 400 m chargeability and resistivity high coincident with high-grade surface samples (figures 4 & 5);
- Phase 2 maiden drill program at the Catch property has commenced, with up to 1,500 m of reverse circulation (“RC”) drilling to test priority coincident geochemical and geophysical targets; and
- Outcrop sampling 1.5 km south of the primary target area returned 1.09% copper in an area that has seen minimal sampling (figures 1 & 2).
“We are very impressed with the results we have seen from Catch so far,” stated ATAC’s president and CEO, Graham Downs. “We’ve already defined multiple drill-ready targets, with numerous soil anomalies yet to be followed-up. This has all the hallmarks of a significant new grassroots copper-gold discovery, and we look forward to drilling the first ever holes on this property in the coming days.”
