New Milestone: New Carlin-type gold discovery at R September 17, 2012 07:00 ET
ATAC Resources Drills 19.85 g/t Gold Over 8.51 Metres at Its Newest Carlin-Type Gold Discovery Located 10 km West of Osiris
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 17, 2012) - ATAC Resources Ltd. (TSX VENTURE:ATC) announces that it has made a major new Carlin-type gold discovery within the Nadaleen Trend on its 100% owned 185 km long Rackla Gold Project, Yukon. The discovery hole tested a prospecting find located approximately 10 km west of the Conrad, Osiris, Isis, Isis East gold zones in a new area not previously drill tested. This new gold zone has been named Anubis.
News release highlights:
- First diamond drill hole at Anubis (AN-12-001) intersects 8.51 metres of 19.85 g/t gold;
- Four surface outcrop grab samples above the discovery hole graded 139.0, 125.0, 122.0 and 84.2 g/t gold;
- 1 km long gold-in-soil anomaly outlined along a well-defined regional-scale northwest trending lineament in an area of poor bedrock exposure;
- Hand pit profile samples 600 m northwest of AN-12-001 along the lineament returned gold grades up to 5.59 g/t gold; and,
- A hand pit grab sample taken from a parallel lineament and geochemical anomaly 500 m northeast of the 1 km long gold-in-soil anomaly returned 0.88 g/t gold.
"The Anubis gold discovery is a major milestone for the company as it now confirms the district size potential of the 40 km long Nadaleen Trend, located at the east end of the 185 km long Rackla Gold Belt," states Graham Downs, ATAC's CEO. "We are very encouraged with these latest developments as they demonstrate the effectiveness of our property wide grass roots exploration program and the potential for multiple gold deposits throughout the trend.."
https://www.marketwire.com/press-release/atac-resources-drills-1985-g-t-gold-over-851-metres-its-newest-carlin-type-gold-discovery-tsx-venture-atc-1701985.htm