VANCOUVER, BC, Oct. 4, 2021 /CNW/ - ATAC Resources Ltd.
("ATAC") (TSXV: ATC) is pleased to announce the appointment of Mr.
James (Jim) Gray, CPA – CA, to
ATAC's board of directors.
Mr. Gray is the managing partner of De Visser Gray LLP located
in Vancouver, BC. Mr. Gray
practices as a personal and corporate tax generalist and has
extensive experience in accounting and audit engagements involving
junior resource issuers and not-for-profit organizations. Mr. Gray
is also the firm's representative on the CPABC's Public Company
Technical Forum, which liaises with and advises senior staff of the
BC Securities Commission.
In a volunteer capacity, Jim served as Treasurer of the
Association for Mineral Exploration British Columbia ("AME") from
2004 to 2019 and for a total of 11 years was a founding director
and Secretary-Treasurer of Geoscience BC. For his service to AME,
Jim received that organization's Gold Pan Award for 2008. Mr. Gray
is also a director of Arcus Development Group Inc.
"We are very pleased to welcome Jim
Gray to our board. Jim's insights from his extensive work
with junior mining companies and his previous volunteer work with
AME and Geoscience BC will be immensely valuable," stated President
and CEO, Graham Downs. "We look
forward to working closely with Jim as we advance our exciting
copper and gold projects in Yukon
and Nevada."
ATAC has granted Mr. Gray incentive stock options entitling him
to purchase up to a total of 250,000 ATAC common shares at a price
of $0.18. The options are valid for a
period expiring on July 8, 2026 and
will vest on a quarterly basis commencing three months from the
date of grant.
About ATAC
ATAC is a Vancouver-based
exploration company focused on exploring for gold and copper in
Yukon and Nevada. Work on its ~1,700 km2
Rackla Gold Property in Yukon has
resulted in the Osiris Project Inferred Mineral Resource of
1,685,000 oz of gold at an average grade of 4.23 g/t (in 12.4 Mt),
the Tiger Deposit Measured & Indicated Mineral Resource of
464,000 oz of gold at an average grade of 3.19 g/t (in 4.5 Mt), a
positive Preliminary Economic Assessment for the Tiger Gold Deposit
(Pre-tax NPV of $118.2M and IRR of
54.5%), and numerous early-stage gold and base metal discoveries.
ATAC is well-financed with approximately $8
million in working capital.
On behalf of ATAC Resources Ltd.
Graham Downs, President and
CEO
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
SOURCE ATAC Resources Ltd.