The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Atac Resources Ltd. Aug. 25 reported the discovery of a new gold zone at the Anubis Cluster within the Nadaleen Trend of the Rackla Gold Project in central Yukon.
Rotary air blast drilling conducted 300 meters west of the Anubis Zone intersected 47.24 meters of 3.79 grams per metric ton gold at what is now called the Orion target.
Gold mineralization in this hole, ARB-15-026, started at 15.24 meters and was continuously mineralized to the bottom of the hole.
"This hole is particularly significant as it demonstrates the exploration potential of the 30-kilometer-long Nadaleen Trend which is developing into a major North American Carlin-type district," said Atac President and CEO Graham Downs.
Atac said the six-week RAB drilling program achieved its objective of cost effectively identifying bedrock sources of gold that are likely responsible for the adjacent surface geochemical anomalies.
Numerous targets remain untested within the Anubis Cluster.
Additionally, the company said diamond drilling at the Conrad Zone intersected 124.96 meters of 3.02 g/t gold and confirmed continuity of mineralization in the Upper and Middle Conrad zones.
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Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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