Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
YUKON – ATAC Resources of Vancouver continues to drill on that part of the Rackla gold project not optioned to Barrick, and has made high grade gold discovery at surface at the Osiris property.
Two rotary air blast (RAB) holes 1,000 metres southwest of the Conrad zone and 800 metres east of the Ibis zone returned 1.5 metres of 3.05 g/t gold and 6.1 metres of 3.39 g/t.
Step-out drilling at the Osiris zone returned 8.6 metres grading 11.72 g/t gold from hole OS-18-275. This is one of the highest grades it has drilled at Osiris, said ATAC. This was the first time gold mineralization was encountered at the contact with crystalline limestone.
Step-out drilling 60 metres along the 650-850 fault corridor at the Conrad zone returned 7.29 metres of 8.90 g/t gold where hole OS-18-278 cut the faulted contact of limestone and siliciclastic units.
The best assay from the five drill holes at the Sunrise zone was 26.7 metres of 12.95 g/t gold.
The Orion project, the central part of the Rackla gold property 55 km northeast of Keno City, is optioned to Barrick Gold. ATAC is active at the Rau project to the west and the Osiris project to the east.
The Rackla property hosts the only known Carlin-style gold deposit in Canada.
