Copper And Gold Samples At The PIL Property

VANCOUVER - ATAC Resources Ltd. reported on Phase 1 surface exploration work at the PIL property, located in the heart of British Columbia's Toodoggone district. This work program included prospecting, mapping, and Induced Polarization (IP) geophysical surveys. Phase 2 fieldwork was recently completed, including follow-up prospecting, mapping, and re-sampling of historical core, with results pending.  

Prospecting returned high-grade samples, including 78.30 g/t gold with 2,830 g/t silver at the Atlas target, and 18.40% copper with 111 g/t silver at the Spruce target. Sampling at the PIL South target returned strong mineralization in outcrop, including 3.89% copper with 173 ppm silver in a large underexplored 2.3 x 1.5 km copper-gold ± silver-lead-zinc soil anomaly. Geophysical surveys identified a strong chargeability response underlying the PIL South target area within propylitically altered volcanic rocks, and crews have recently completed a Phase 2 program including additional prospecting at PIL South and re-sampling of historical Atlas drill core.

"This initial program at PIL has defined a number of priority targets for follow-up work," said, President and CEO, Graham Downs. "Sampling at Spruce returned the highest copper grades ever collected on the property. The Atlas target shows strong potential for high grade epithermal gold-silver mineralization. PIL South has an extensive copper-in-soil response that is now coupled with strong copper mineralization in outcrop samples. We're very pleased with our initial work at PIL and anticipate receiving a 3-year Notice of Work later this fall, which will allow us to ramp up work to drilling in future seasons."