ATAC upgrades resources at Osiris gold deposit in Yukon

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Resources in the inferred category now amount to 1.04 million oz. gold at an average grade of 3.47 g/t (in 9.4 million tonnes), including pit-constrained resources of 530,000 oz. gold at 3.07 g/t (in 5.4 million tonnes).

“We are very pleased to demonstrate significant conversion of resources from the inferred to indicated category at Osiris,” said ATAC’s president and CEO Graham Downs. “This continues to demonstrate the confidence we have in this extensive, high-grade Carlin-style system that hosts some of the best gold intervals ever reported in Yukon.”

The Osiris deposit is located at the eastern end of ATAC’s Nadaleen project, one of the two main projects that comprise the 1,700 km2 Rackla gold property. The other project, Rau, is host to the advanced-stage Tiger gold deposit that contains measured and indicated resources of 464,000 oz. at 3.19 g/t gold (in 4.5 million tonnes).

The Nadaleen project is…

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