Business
ATAC Announces Commencement of Drilling at its East Goldfield Property
ATAC Announces Commencement of Drilling at its East Goldfield Property Canada N...
About this update from Aterra Metals Inc.
[{"type":"text","content":"\n \n \n \n ATAC Announces Commencement of Drilling at its East Goldfield Property\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Aug. 23, 2021\n \n /CNW/ - ATAC Resources Ltd. (\"ATAC\") (TSXV: ATC) is pleased to announce that drilling has commenced at its road-accessible East Goldfield Property, located in the Goldfield Mining District of\n \n Nevada\n \n , approximately 8 km east of Waterton Global Resource Management's fully permitted and shovel-ready Gemfield project.\n \n \n \n \n \n \n \n \n \n The Goldfield Mining District comprises one of the largest and richest high-sulphidation epithermal gold deposit clusters in\n \n North America\n \n . Located within the Walker Lane structural belt, it has a reported historic production of 4.2 million ounces at 18.55 g/t gold.\n \n \n \n East Goldfield Drill Program Highlights\n \n \n \n \n Reverse Circulation drilling at the Tom Keane mine to validate and step out on historical holes which include\n \n \n 22.86 m\n \n of 2.88 g/t gold\n \n and\n \n \n 44.20 m\n \n of 1.03 g/t gold\n \n as reported by a previous operator;\n \n \n Regional holes planned to test priority targets identified by prospecting work, including chip sample results of\n \n 4.16 g/t gold over\n \n 8 m\n \n \n in an area which has not seen previous drilling;\n \n \n \n Over\n \n 4,000 m\n \n of drilling planned in 15 holes\n \n , with additional drilling to be added depending on drill production; and\n \n \n Follow-up prospecting at numerous untested targets identified by recent geochemical and hyperspectral surveys.\n \n \n \n \"The\n \n East Goldfield\n \n property has incredible potential to host significant high-sulphidation gold mineralization. Drilling at the historical Tom Keane mine nearly two decades ago returned excellent near-surface results,\" stated President and CEO,\n \n Graham Downs\n \n . \"Additionally, preliminary geochemical sampling and prospecting conducted by ATAC in 2021 has identified a high-grade showing in outcrop that has ...