Vancouver — A staking effort has provided ATAC Resources (ATC-V, ATADF-O) with an intrusive-hosted gold-silver prospect in the Dawson Range of the western Yukon.
The Idaho Creek prospect lies within a sub-camp of the Tintina gold belt, which hosts several major deposits in the territory and across into neighbouring Alaska, including Donlin Creek, Pogo, Fort Knox, Keno Hill and Casino.
While Idaho Creek has never been drilled, previous operators carried out mapping, trenching and geochemical surveys until work ceased in the mid-1980s. The soil geochemical surveys returned anomalous values for gold, silver, lead, arsenic, zinc and antimony in four target areas, all associated with one or both of two main structural trends. The average silver-to-lead ratio for the samples was reported to be 366 grams silver per tonne/per 1% lead.
Surface samples of mineralized vein float also returned encouraging results, up to 13.3 grams gold and 1,258 grams silver per tonne, though a limited trenching program was not able to locate the source of the float. Outcrop is rare and trenching is relatively ineffective because of a thick layer of frozen soil that blankets most of the target areas.
ATAC is encouraged by the prospect’s potential and plans to carry out induced-polarization and electromagnetic surveys as soon as weather permits. A drill program will follow, focused on the prospect’s potential to host bulk-tonnage mineralization.
ATAC has five other gold projects at the drill-ready stage that are available for option. Most are in the Yukon, Alaska, or northern British Columbia. Earlier this year, the company optioned three gold properties in the Carmacks region of central Yukon to Northern Freegold Resources, a private company in the process of going public.
Be the first to comment on "ATAC stakes Yukon gold-silver prospect"