ATAC has found significant gold and copper skarn mineralization at the Bobcat target, located within the Rau project at the western end of the Rackla gold property in Yukon, Canada.
ATAC Resources (TSXV:ATC) has announced that is has identified significant gold and copper skarn mineralization at the Bobcat target, located 4.5 km southeast of the advanced-stage Tiger gold deposit. Bobcat is located within the Rau project at the western end of the Rackla gold property in Yukon, Canada.
According to the release, the objective of the 2018 exploration program at Bobcat was to follow up on rock samples collected in 2010 and 2012 that assayed 7.37 grams per tonne (g/t) gold with 5.90 percent copper and 13.7 g/t gold, respectively. Two days of mapping and prospecting confirmed the presence of skarn alteration and mineralization likely associated with the under-explored Rackla Pluton 1.5 km due west.
Highlights for Bobcat:
- Preliminary hand pitting returned numerous multi-gram gold and multi-percent copper grab samples; including 6.07 g/t gold with 7.41 percent copper and 5.08 g/t gold with 3.69 percent copper;
- Open ended 1.5 x 2 km multi-element soil geochemical anomaly associated with a large magnetic low; and,
- Previous drilling 1 km to the west encountered elevated gold mineralization in potassic-altered granodiorite and skarn similar to that found at Bobcat, but did not receive follow-up drilling.