Contacting IR
Hello,
I contacted Vanessa with some questions.
- Next 11 holes (Osiris) released within a few weeks.
- What did Barrick so far and will that be shared?: Barrick conducted early-stage work – a lot of mapping and grassroots target delineation, prospecting and trenching along with rock, soil and stream sediment sampling. They did conduct some RAB and diamond drilling but were purposefully not targeting gold mineralization – the drilling was to complement the surface work. Barrick spent ~$5 million in exploration of the Orion Project this past 2017 field season. They are compiling results and they are hoping to be able to do a summary release of their findings – unsure when that would be.
- Road permit: The Yukon government has asked for time to consult properly with the First Nation and ATAC is fine with that. No expectations they will hear anything before year-end.
- Depressing share price: They are commenting a lot of gold juniors are showing the same pricemovement. No specific company related issues are mentioned.
Cheers,
Jeho