VANCOUVER, March 5, 2018 /CNW/ - ATAC Resources Ltd.
(TSX-V:ATC) ("ATAC" or the "Company") is pleased to announce receipt of a joint Decision Document from the Yukon Government (YG)
and the First Nation of Na-Cho Nyak Dun (NND) stating that the Company's proposed 65-km, private,
all-season tote road to the Tiger Gold Deposit will be allowed to proceed.
This represents completion of the Yukon Environmental and Socio-economic Assessment Board (YESAB) review process, enabling the
company to obtain key permits and proceed with a submission to the Yukon Water Board. ATAC looks forward to continuing to engage
with NND and YG in developing an industry leading access management plan in advance of road construction.
"The receipt of a positive joint Decision Document between the First Nation of Na-Cho Nyak Dun
and the Yukon Government is a major de-risking milestone for the Company and all three projects within the Rackla Gold Property,"
states ATAC's President and CEO, Graham Downs. "We want to thank Na-Cho
Nyak Dun, Yukon Government and YESAB for their hard work and valuable feedback throughout the review process. This
decision highlights the benefits of a collaborative relationship with local First Nations, government and communities."
Please see ATAC's website www.atacresources.com for
additional information on the tote road, Tiger Deposit and Rackla Gold Property.
About ATAC
ATAC is a Yukon-based exploration company focused on developing Canada's only known Carlin-type gold district at the Rackla Gold Property. Recent work on the ~1,700
km2 property has resulted in a positive Preliminary Economic Assessment for the Tiger Gold Deposit, drilling of
multiple high-grade Carlin-type gold zones and the identification of numerous early-stage gold exploration targets. ATAC and
Barrick Gold Corporation recently partnered to explore the Rackla Gold Property's Orion Project, with Barrick having the option
to earn up to 70% of Orion by spending $55 million in exploration. ATAC is well-financed with
approximately $13 million in its treasury and recently completed an approximately $10 million exploration program at the Osiris and Rau Projects (which are not subject to Barrick's earn-in
right), while concurrently working with Barrick to advance the 780 km² Orion Project.
On behalf of the Board of Directors
of ATAC Resources Ltd.
Graham Downs, President and CEO
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES
OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
SOURCE ATAC Resources Ltd.
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