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Last C$0.53 CAD
Change Today +0.02 / 3.92%
Volume 52.4K
As of 3:58 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

atac resources ltd (ATC) Snapshot

Open
C$0.53
Previous Close
C$0.51
Day High
C$0.54
Day Low
C$0.52
52 Week High
04/28/14 - C$1.47
52 Week Low
11/5/14 - C$0.41
Market Cap
62.4M
Average Volume 10 Days
140.8K
EPS TTM
C$-0.02
Shares Outstanding
117.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ATAC RESOURCES LTD (ATC)

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atac resources ltd (ATC) Details

ATAC Resources Ltd. is engaged in the exploration of metals and minerals with a focus on gold in Canada. It also explores for silver, lead, and zinc. It primarily focuses on the exploration and development of the Rackla gold project covering approximately 1,700 square kilometers located in central Yukon. The company also owns interests in the Rosy property located in the southern Yukon; the Rusty property situated in the northeast Yukon; and the Connaught property, the Panorama property, and the Dawson Gold joint venture located in west-central Yukon. ATAC Resources Ltd. is headquartered in Vancouver, Canada.

atac resources ltd (ATC) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: C$138.1K
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

atac resources ltd (ATC) Key Developments

ATAC Resources Ltd. Announces 2015 Exploration Program at the Rackla Gold Project, Yukon

ATAC Resources Ltd. announced the plans for a $3 million Phase I exploration and drilling program at its 100% owned Rackla Gold Project in east-central Yukon. The Rackla Gold Project covers an area of 1,700 sq/km and hosts Canada's first Carlin-type gold discoveries. The project area is divided into two distinct trends: the 30 km long Nadaleen Trend which hosts drill-confirmed Carlin-type gold mineralization at the Conrad, Osiris, Ibis, Sunrise and Anubis zones: and (ii) the 20 km long Rau Trend which hosts the Tiger Gold Deposit and Ocelot silver-lead-zinc-tin discovery. The majority of the 2015 exploration program will be conducted within the Nadaleen Trend and will focus on expanding the Conrad Zone and advancing the Carlin-type gold discoveries within the Anubis Cluster. Mineralization at the Conrad Middle Zone is characterized by strong alteration and mineralization within multiple stacked, flat-lying bodies proximal to a laterally extensive, near vertical siltstone-limestone contact. Only 300 m of the presently known 800 m long favourable siltstone-limestone contact has been drill tested. Mineralization at the Middle Zone remains open along strike and at depth. The 2015 drill program will target the untested area between the Upper and Middle zones. The 2014 Conrad Lower Zone discovery was marked by two significant gold intervals that returned 42.67 m of 3.03 g/t gold including 6.09 m of 13.61 g/t gold and 21.71 m of 3.15 g/t gold including 9.15 m of 5.85 g/t gold in OS-14-230. Phase I of the 2015 drilling program will test the lateral potential of the Lower Zone.

ATAC Resources Ltd. Announces 2015 Exploration Program at the Rackla Gold Project, Yukon

ATAC Resources Ltd. announced plans for a $3 million Phase I exploration and drilling program at its 100% owned Rackla Gold Project in east-central Yukon. The Rackla Gold Project covers an area of 1,700 sq/km and hosts Canada's first Carlin-type gold discoveries. The project area is divided into two distinct trends: (i) the 30 km long Nadaleen Trend which hosts drill-confirmed Carlin-type gold mineralization at the Conrad, Osiris, Ibis, Sunrise and Anubis zones: and (ii) the 20 km long Rau Trend which hosts the Tiger Gold Deposit and Ocelot silver-lead-zinc-tin discovery. The majority of the 2015 exploration program will be conducted within the Nadaleen Trend and will focus on expanding the Conrad Zone and advancing the Carlin-type gold discoveries within the Anubis Cluster. 2015 Phase I Exploration Objectives: Shallow diamond drilling will continue to test the eastern portion of the Conrad Upper Zone; Diamond drilling will target the untested area between the Conrad Upper and Middle zones; Diamond drilling at the newly discovered Conrad Lower Zone will step out from hole OS-14-230 which intersected 42.67 m of 3.03 g/t gold; and, Rotary Air Blast drilling within the Anubis Cluster to target over 20 geochemical anomalies and structures that lie beneath a thin cover of overburden.

ATAC Resources Ltd. Reports Results from the Final Three 2014 Diamond Drill Holes at the Conrad Zone

ATAC Resources Ltd. report results from the final three 2014 diamond drill holes recently completed at the Conrad Zone, located within the Nadaleen Trend at the eastern end of ATAC's 100% owned 1,700 sq/km Rackla Gold Project in central Yukon. All three step-out holes at the Conrad Lower Zone hit high-grade gold mineralization and expand the zone; Lower Zone gold mineralization occurs as multiple stacked, flat-lying bodies that are concentrated along a vertical siltstone-limestone contact the Lower Zone remains open along strike and at depth; and Newly discovered high-grade gold mineralization below the Lower Zone opens up an entirely new area for exploration. The reported intersections are drilled thicknesses and are believed to represent approximately 90 to 100% true widths. Carlin-type gold mineralization at the Conrad Zone occurs in both an upper and lower zone and is hosted in multiple structural and stratigraphic settings. Mineralization at the Conrad Lower Zone is characterized by strong alteration and mineralization within multiple stacked, flat-lying bodies proximal to a laterally extensive near vertical siltstone-limestone contact. The final three 2014 drill holes were targeted based on recent successful drilling at the Lower Zone which intersected 30.79 m of 9.50 g/t gold (hole OS-14-227). All three holes were drilled west of hole OS-14-227 and intersected high-grade gold mineralization. Holes OS-14-228 and OS-14-229 further demonstrate the lateral continuity and high grade nature of the Lower Zone with intercepts of 40.22 m of 6.57 g/t gold and 36.57 m of 5.06 g/t gold, respectively. The final hole, OS-14-230 intersected two new significant gold intervals that returned 42.67 m of 3.03 g/t gold and 21.71 m of 3.15 g/t gold, beneath previously known Conrad mineralization. Mineralization at the Lower Zone remains open along strike and at depth. An extensive trenching and auger drilling program was recently completed within the 12 sq/km Anubis area located 10 km west of the Osiris cluster of gold zones. Results from this program will be released when results have been received and compiled. Samples were forwarded to ALS Minerals in Whitehorse, Y.T. where they were fine crushed before a 250 gram split was pulverized to better than 85% passing 75 microns. The pulverizing circuit was cleaned with quartz sand twice between samples. Pulps were then analyzed at ALS Minerals in North Vancouver, B.C. where gold determinations were carried out. Splits of the pulverized fraction were dissolved using a multi acid digestion and analyzed for 49 elements using inductively coupled plasma (ICP) together with mass spectrometry (MS) and atomic emission spectroscopy (AES). Gold analyses were by the Au-AA26 procedure that involves fire assay preparation using a 50 gram charge with an atomic absorption spectroscopy (AAS) finish. Mercury analyses were digested with aqua regia and analyzed by inductively coupled plasma mass spectrometry (ICP-MS). Rigorous procedures are in place regarding sample collection, chain of custody and data entry. Certified assay standards, duplicate samples and blanks are routinely inserted into the sample stream to ensure integrity of the assay process.

 

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