June 18, 2009 — ATAC Resources Ltd. (“ATAC”) (TSX-V:ATC) is pleased to announce that 2009 diamond drilling at its Rau gold property started on June 13, and that the first 2009 drill hole (09-19) has been successfully completed. This hole intersected 65.07 metres of oxide mineralization hosted within a brecciated limestone unit.
Hole 09-19 stepped out about 100 metres to the northwest of hole 08-16, which was the most northwesterly hole drilled in 2008. Hole 08-16 intersected 53.95 metres of oxide mineralization that averaged 2.69 g/t gold (08-16 ended in oxide mineralization and was abandoned due to poor ground conditions). Oxide mineralization in hole 09-19 started 43.13 metres from surface and extended to 108.20 metres. This 65.07 metre interval included 42.21 metres of massive oxide followed by 22.86 metres of oxide/calcite breccia. The interval length is believed to be close to true width of the stratabound oxide mineralization because the hole was oriented approximately perpendicular to bedding in the host limestone.
A second, larger diamond drill is expected to reach the property on June 19. This drill will concentrate on large diameter infill drilling within the 450 metre long zone of known oxide while the smaller scout drill will continue testing in both directions along strike of the oxide zone. Once the limits of this zone are established, the scout drill will begin to explore newly identified mineralization and geochemical anomalies elsewhere on the property.
The 290 sq/km Rau gold property is located in the Keno Hill area in central Yukon, 55 km northeast of the community of Keno City. It lies within the Tintina Gold Belt and is situated in a highly prospective geological setting below the regional-scale Dawson Thrust, which imbricates Paleozoic shales and silty carbonate rocks. Recent interpretation has identified strong similarities between the geological settings of the Rau property and the northern part of the Carlin Trend. To review the stratigraphic and structural similarities, please visit www.atacresources.com.
The technical information in this news release has been reviewed by Robert C. Carne, M.Sc., P.Geo., a qualified person for the purpose of National Instrument 43-101.
ATAC is a well funded junior mining company focused on gold. Its business model entails acquiring quality gold and silver prospects, advancing them to drill stage and then attracting strong partners to move them toward production. For additional information concerning ATAC Resources Ltd. or its various exploration projects please visit ATAC’s website at www.atacresources.com.
On behalf of the Board of ATAC Resources Ltd.
Graham Downs, CEO
ATAC Resources Ltd.
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This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.