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ATAC Begins Exploration at its East Goldfield Project, Nevada
ATAC Begins Exploration at its East Goldfield Project, Nevada Canada NewsWire VA...
About this update from Aterra Metals Inc.
[{"type":"text","content":"\n\n\n\nATAC Begins Exploration at its East Goldfield Project, Nevada\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\nCanada NewsWire\nVANCOUVER, BC, June 8, 2020\n\n\n\nVANCOUVER, BC, June 8, 2020 /CNW/ - ATAC Resources Ltd. (TSXV: ATC) (\"ATAC\") is pleased to announce that it has begun initial exploration work at its recently optioned and road-accessible East Goldfield Property (the \"Property\"). The Property is located in the Goldfield Mining District (historic production of 4.2 million ounces at 18.55 g/t gold), ~8 km east of Waterton Global Resource Management's development stage Gemfield project (47.3 million tonnes of Measured and Indicated Mineral Resources at 1.03 g/t gold totaling 1,574,000 ounces gold). \nEast Goldfield is an early-stage high-sulphidation epithermal (\"HSE\") gold exploration project. It hosts the historical Tom Keane mine, where shallow reverse circulation drilling by a previous operator returned 22.86 m of 2.88 g/t gold and 44.20 m of 1.03 g/t gold. \nExploration in 2020 will focus on property-wide baseline data collection, including airborne surveys and initial ground-based geochemical and geological mapping.\nProgram Summary\nAirborne hyperspectral and LIDAR surveys (currently ongoing)Property-wide geochemical and hyperspectral soil samplingFollow up prospecting, geological and alteration mapping A broad west-northwest trending zone of HSE alteration was identified from Landsat 7 and ASTER spectral satellite data, which extends from the Gemfield deposit onto the East Goldfield Property. Due diligence fieldwork conducted by ATAC in February 2020 confirmed the presence of important proximal HSE alteration minerals, including alunite and vuggy quartz in rock samples collected within the alteration footprint of the satellite data.\n\"We are excited to begin systematic exploration on the East Goldfield Project and provide shareholders with exposure to an exciting grassroots opportunity in a proven gold mining district,\" commented Adam Coulter, ATAC's VP Exploration. \"The airborne surveys and soil samp...