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ATAC Identifies Silver-Lead-Gold Mineralization at the Connaught Property

ATAC Identifies Silver-Lead-Gold Mineralization at the Connaught Property Canada N...

articleAterra Metals Inc.January 16, 20203/company/aterra-metals-inc/news/atac-identifies-silver-lead-gold-mineralization-at-the-connaught-property
ATAC Identifies Silver-Lead-Gold Mineralization at the Connaught Property

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[{"type":"text","content":"\n\n\n\nATAC Identifies Silver-Lead-Gold Mineralization at the Connaught Property\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, Jan. 16, 2020\n\n\n\nVANCOUVER, Jan. 16, 2020 /CNW/ -  ATAC Resources Ltd. (TSX-V:ATC) (\"ATAC\") is pleased to announce exploration results at its wholly owned 115.5 km2 Connaught property. The Connaught property is road accessible and located at the head of the Sixty Mile placer camp near Dawson City, Yukon. The property hosts over 20 distinct silver-lead-gold veins that grade between 100 and 4,050 g/t silver, 3.00 to 79.41% lead, and background to 10.90 g/t gold.\n2019 Exploration Highlights\nProspecting on a 1.8 km2 silver-lead soil anomaly on the southern side of the property returned grab samples grading up to 1,485 g/t silver, 43.96% lead and 7.90 g/t gold; andGeochemical sampling on the northern portion of the property expanded an existing silver-lead-gold soil anomaly an additional 700 m along strike.\"The Connaught property contains extensive high-grade silver-lead-gold veins that have been identified at surface throughout a 3 km x 5 km area, and over 400 m of elevation. The 2019 program successfully discovered new high-grade veins and extended two geochemical anomalies near exisiting roads,\" stated President and CEO Graham Downs. \"This season's work further demonstrated the high potential for additional silver-lead discoveries and the existence of an expanding high-grade gold signature that has seen very little previous work or attention.\"\nFollow up work on a 1.8 km2 coincident silver-lead soil anomaly in the southern side of the property returned numerous galena-quartz veins from hand pits. Multiple samples returned anomalous silver, lead and gold with a highlight sample of 1,485 g/t silver, 43.96% lead and 7.90 g/t gold. Geochemical sampling and prospecting in the northeast corner of the property expanded an existing silver-lead-gold soil anomaly, with a highlight grab sample returning 3.17 g/t gold. \n\nThe Connaught property lies within the complex...

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