Mining News: Northern Neighbors: $3M program slated for Rackla Gold

Atac Resources Ltd. March 24 reported plans for the initial phase of the 2015 exploration and drill program at its Rackla Gold project in the Yukon Territory. The majority of this C$3-million 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. The objectives of the phase-1 exploration include: shallow diamond drilling to continue testing the eastern portion of the Conrad Upper zone; drilling target at the untested area between the Conrad Upper and Middle zones; step-out drilling from hole OS-14-230 which intersected 42.67 meters of 3.03 grams per metric ton gold at the newly discovered Conrad Lower Zone; and rotary air blast drilling targeting the more than 20 geochemical anomalies and structures that lie beneath a thin cover of overburden within the Anubis Cluster. The Rackla Gold Project, which covers roughly 1,700 square kilometers (656,400 square miles, hosts Canada’s first Carlin-type gold discoveries. The property is divided into two distinct trends: the Nadaleen trend, which hosts drill-confirmed Carlin-type gold mineralization at the Conrad, Osiris, Ibis, Sunrise and Anubis zones’ and the Rau trend, which hosts the Tiger Gold deposit and Ocelot silver-lead-zinc-tin discovery.