VANCOUVER, BC, Dec. 1, 2021 /CNW/ - ATAC Resources Ltd.
("ATAC") (TSXV: ATC) (OTCQB: ATADF) is pleased to announce that Ms.
Jasmine Lau has joined ATAC as Chief
Financial Officer ("CFO").
Ms. Lau, CPA, BCom., is a member of the Chartered Professional
Accountants of British Columbia
and has an extensive background in the resource sector. Jasmine has
served as CFO and controller of several public exploration
companies with projects throughout the world. In addition to her
experience working with junior resource companies, Jasmine worked
at Teck Resources Ltd. as a SOX Auditor. Prior to Teck
Resources Ltd., Jasmine worked for Deloitte & Touche LLP's
Vancouver Assurance & Advisory group where she focused on
audits of public mining and resource companies. Jasmine earned a
Bachelor of Commerce from the University of
British Columbia.
Ms. Lau is replacing Mr. Andrew
Carne who has been serving as Interim Chief Financial
Officer. Mr. Carne will continue in his role as ATAC's VP Corporate
and Project Development.
QA/QC
The technical information in this news release has been approved
by Adam Coulter, M.Sc., P.Geo., VP
Exploration for ATAC and a qualified person for the purposes of
National Instrument 43-101.
About ATAC
ATAC is a Vancouver-based
exploration company focused on exploring for gold and copper in
Yukon and Nevada. Work on its ~1,700 km2
Rackla Gold Property in Yukon has
resulted in the Osiris Project Inferred Mineral Resource of
1,685,000 oz of gold at an average grade of 4.23 g/t (in 12.4 Mt),
the Tiger Deposit Measured & Indicated Mineral Resource of
464,000 oz of gold at an average grade of 3.19 g/t (in 4.5 Mt), a
positive Preliminary Economic Assessment for the Tiger Gold Deposit
(Pre-tax NPV of $118.2M and IRR of
54.5%), and numerous early-stage gold and base metal discoveries.
ATAC is well-financed with approximately $6
million in working capital.
On behalf of ATAC Resources Ltd.
Graham Downs, President and
CEO
NEITHER THE TSX VENTURE EXCHANGE NOR ITS 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.
Cautionary note regarding forward-looking statements:
This press release may contain "forward-looking information"
within the meaning of applicable securities laws. Readers are
cautioned to not place undue reliance on forward-looking
information. Actual results and developments may differ
materially from those contemplated by these statements. The
statements in this press release are made as of the date of this
press release. The Company undertakes no obligation to update
forward-looking information, except as required by securities
laws.
Cautionary Note to U.S. Investors concerning estimates of
Measured, Indicated, and Inferred Resources:
The mineral resource estimates included in this press release
have been prepared in accordance with Canadian National Instrument
43-101 – Standards of Disclosure for Mineral Projects. The
United States Securities and Exchange Commission (the "SEC") has
adopted amendments to its disclosure rules to modernize the mineral
property disclosure requirements. U.S. investors are
cautioned that the disclosure the Company provides on its mineral
properties in this news release may be different from the
disclosure that an issuer subject to SEC reporting requirements
would otherwise be required to provide. Therefore, the
information contained in this news release containing descriptions
of the Company's mineral properties may not be comparable to
similar information made public by U.S. companies subject to
reporting and disclosure requirements under the U.S. federal
securities laws and the rules and regulations thereunder.
Additional information about the Tiger Deposit PEA is
summarized in ATAC's February 27,
2020 technical report titled "Technical Report and
Preliminary Economic Assessment for the Tiger Deposit, Rackla Gold
Project, Yukon, Canada", which can
be viewed at www.sedar.com under the ATAC profile or on the
ATAC website at www.atacresources.com. Additional information about
the Osiris Resource Estimate is summarized in ATAC's July 2, 2018 technical report titled "Technical
Report and Estimate of Mineral Resources for the Osiris Project,
Yukon, Canada," which can also be
viewed at www.sedar.com
SOURCE ATAC Resources Ltd.