Posts tonen met het label Atac. Alle posts tonen
Posts tonen met het label Atac. Alle posts tonen
maandag 4 oktober 2010
Yukon goud stijgt de pan uit
Op basis van dit bericht steeg Atac van ca 2 naar ca 7 CAD, bij ca CAD 7 was de beurswaarde bijna een half miljard....!!!
Het bericht was natuurlijk mooi, maar het zal nog vele jaren duren voor we weten hoeveel goud er zit en of er ooit een mijn komt.
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Press Release Source: ATAC Resources Ltd. On Wednesday September 1, 2010, 8:30 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 09/01/10) - ATAC Resources Ltd. (TSX-V:ATC - News) is pleased to announce that the first diamond drill hole at the Osiris Target on its Sten claim block has intersected 9.26 g/t gold over 31.13 m within a larger interval that averaged 4.65 g/t gold over 65.20 m. Assays from the remaining 98 m of the hole are still pending. Significant intervals for the top portion of OS-10-01 are tabulated below:
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Hole ID Dip From (m) To (m) Int. (m) Au (g/t)
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OS-10-01 -50 7.62 16.38 8.76 1.81
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56.08 121.28 65.20 4.65
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incl. 72.20 103.33 31.13 9.26
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Reported intersection widths are drilled thicknesses. True widths are not
known as mineralization appears to be controlled by both bedding and
structure.
The Sten claims are situated at the eastern end of ATAC's wholly-owned 1400 sq/km Rau Gold Project in central Yukon - about 100 km east of the Tiger Zone, which has been the focus of most of the Company's exploration efforts to date.
Mineralization in the Osiris Target area shares many of the characteristics of Carlin-type gold deposits, including similar alteration assemblages and association with the low temperature arsenic sulphides, realgar and orpiment. Host rocks are two, 150 to 250 m thick limestone debris flow and turbidite units, referred to as the Osiris and Isis Horizons, which occur within basinal silty mudstones.
Drill hole OS-10-01 has partially tested a 150 by 500 m gold-arsenic soil geochemical anomaly over the Osiris Horizon where 60% of the soil samples grade in excess of 1 g/t gold. Preliminary prospecting has identified gold-bearing talus and in-situ mineralization intermittently for an additional 2.1 km along strike. Grades of surface grab and bedrock samples range from 1.95 g/t gold to 39.2 g/t gold. The vertical extent of observed bedrock mineralization is in excess of 300 m.
The Company has accelerated its exploration efforts in the Osiris Target area:
-- Four of six drill holes, which will test a 300 m wide section across the
Osiris Horizon have been completed to date;
-- Prospecting is ongoing and a 4.5 sq/km soil geochemistry grid extension
is underway; and,
-- Drill pads have been constructed to test the Isis Horizon that lies 100
m above the Osiris Horizon, where prospecting has returned grab samples
ranging from 1.48 to 23.90 g/t gold within a 150 by 900 m gold-arsenic
soil geochemical anomaly.
"Initial results from the first Osiris drill hole have confirmed the Company's belief that the Rau Gold Project covers a new gold district," states Graham Downs, ATAC's CEO. "We have completed a 1400 sq/km detailed stream sediment sample survey, covering 160 km of strike length. Initial results of that work are very encouraging and numerous targets for follow up work in 2011 have already been identified. Drilling will continue at the Osiris and Tiger Zones and other new targets as long as weather permits."
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