ATAC Resources

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White Gold District Property Synopsis

Shares Out: 46,253,153
Market Capitalization: 19,426,324
Estimate of Cash Position: 4,377,535
Property Name: Green Gulch, Touleary, Dan Man and Shamrock
Property Size (Hectares): 7,000
Distance from White Gold: Spitting distance
Property Origin: Legacy

Details

Granted Option to Arcus who can earn a 50% interest in all four projects by making cash payments totalling $185,000, issuing a total of 1,000,000 of its shares to ATAC and completing a total of $3,500,000 in work expenditures, all over a three year period. Arcus will be the operator until it earns a 50% interest in the project.

Company Overview

Part of the Strategic Exploration Group and works with Archer, Cathro & Associates. A project generator with several projects optioned out and specializing in the Yukon. Strategic Metals, a related company, owns 17.8%.

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