VANCOUVER, July 11, 2018 /CNW/ - ATAC Resources Ltd.
(TSX-V:ATC) ("ATAC") is pleased to announce the completion and
filing of an independent National Instrument 43-101 Technical
Report titled "Technical Report and Estimate of Mineral Resources
for the Osiris Project, Yukon,
Canada" (the "Osiris Report"). The Osiris Project is
100%-owned by ATAC and is located outside of the area currently
under option to Barrick Gold Corporation ("Barrick").
The Osiris Report was prepared by S. Ristorcelli, C.P.G., of
Mine Development Associates, P. Ronning, P.Eng., of New Caledonian
Geological Consulting, C. Martin, C.Eng., of Blue Coast Metallurgy
Ltd., and O. Christensen, C.P.G., of Hardrock Mineral Exploration
Inc., all of whom are independent Qualified Persons as defined in
National Instrument 43-101.
The Osiris Report has been filed on SEDAR and can be viewed at
www.sedar.com under the ATAC profile or on ATAC's website at
www.atacresources.com. A summary of results from the Mineral
Resource estimate was announced by ATAC in a news release dated
June 18, 2018.
About ATAC
ATAC is a Yukon-based
exploration company focused on developing Canada's only known Carlin-type gold district
at the Rackla Gold Property. Recent work on the ~1,700
km2 property has resulted in a positive Preliminary
Economic Assessment for the Tiger Gold Deposit, defining a maiden
Osiris Project Mineral Resource and the identification of numerous
early-stage gold exploration targets. ATAC and Barrick are in
partnership exploring the Rackla Gold Property's Orion Project,
with Barrick having the option to earn up to 70% of Orion by
spending $55 million in exploration.
ATAC is well-financed with approximately $18
million in its treasury.
On behalf of the Board of Directors of ATAC Resources Ltd.
Graham Downs, President and
CEO
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REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
SOURCE ATAC Resources Ltd.