North of 60 Mining News - The mining newspaper for Alaska and Canada's North

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By A.J. Roan
Mining News 

Hecla, ATAC come to definitive agreement

Will spin copper exploration project into Cascadia Minerals North of 60 Mining News – April 7, 2023


Last updated 4/6/2023 at 5:51pm

Geologist hiking through the Yukon plains in Summer.

ATAC Resources Ltd.

ATAC has agreed to sell its Rackla and Connaught properties in the Yukon to Hecla Mining Company for C$31 million.

Hecla Mining Company April 6 announced that after several weeks of deliberation, it has reached a definitive agreement to move forward with the purchase of ATAC Resources Ltd.'s Rackla and Connaught projects, while also spinning out the Yukon-focused exploration company's earlier staged copper properties into Cascadia Minerals Ltd.

After declining a proposal from Victoria Gold Corp. at the begi...

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