ATAC Resources Ltd. (“ATAC”) (TSX-V:ATC) is pleased to announce the receipt of a cheque for $144,940 from the Government of Canada.
ATAC negotiated with Parks Canada to receive the funds in compensation for ATAC relinquishing its rights to three prospecting permits in southeast Northwest Territories where Parks Canada has proposed an enlargement of Nahanni National Park. The amount represents the total exploration expenditures incurred to date by ATAC on the permits.
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. 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.