ATAC raises C$4.5M to boost Rackla funds

North of 60 Mining News – June 2, 2018


Last updated 9/25/2020 at 5:20am

Carlin-type gold exploration ATAC Resources Yukon Territory

Shane Lasley

A helicopter stands by on a ridge where ATAC Resources discovered Carlin-style gold mineralization at the Osiris project on the Rackla property in the Yukon.

ATAC Resources Ltd. May 29 announced that it has raised C$4.5 million for a roughly 10,000-meter drill program at Osiris, one of three projects that make up the 1,700-square-kilometer (656 square miles) Rackla Gold property in the Yukon.

Originally announced as a C$3 million financing, ATAC's oversubscribed private placement involved the issuance of 7.56 million flow-through shares at C$60 cen...

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