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By A.J. Roan
Mining News 

Victoria presses ATAC for acquisition

Issues notice of expiry of offer for ATAC Resources by Feb. 17 North of 60 Mining News - February 14, 2023


Last updated 3/2/2023 at 3:39am

A helicopter flying into ATAC Resources' Rackla Gold property camp.

ATAC Resources Ltd.

Approximately 480 kilometers (298 miles) north of Yukon capital, Whitehorse, the flagship Rackla Gold project is home to the first Carlin-style gold mineralization in the territory.

Over a month ago, ATAC Resources Ltd. received a surprise proposal from Yukon neighbor Victoria Gold Corp. to acquire 100% of its shares. Feeling the offer inadequate, the Yukon and British Columbia-focused mineral exploration company declined. Victoria, which believes its offer to be more than fair, brought the deal public on Feb. 13 and declared a notice of expiry for ATAC to reconsider the offe...

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