June 7, 2016 - Vancouver, BC - ATAC Resources Ltd. (TSX-V: ATC) (the “Company”) is pleased to announce the appointment of Don Poirier to the Company’s Board of Directors.
Mr. Poirier worked as an exploration geologist before becoming a well-known sell-side mining analyst at several Canadian investment firms over a 20 year period. Most recently, he was the Vice President of Corporate Development for Hecla Mining Company and was an integral part of the team responsible for Hecla’s acquisition of Aurizon Mines Ltd. in 2013. Mr. Poirier has a geology degree from the University of Toronto.
Doug Goss, Chairman of ATAC’s Board of Directors states: “ATAC is very pleased to welcome Don to the Board of Directors. The extent of his experience in the mining industry, particularly his insight and knowledge of capital markets, acquisitions and valuations will be an asset to ATAC as we continue to advance the Rackla Gold Project and create value for shareholders.”
“I’m very pleased to join the ATAC team,” says Don Poirier. “ATAC has made one of the more important gold discoveries in the past decade and this terrain offers significant untested exploration potential. The massive land package controlled by ATAC together with the Tiger Gold Deposit bode well for future growth. I’m confident in the expertise of the exploration team and believe value will be created as project work advances.”
ATAC has granted Mr. Poirier incentive stock options, entitling him to purchase up to a total of 250,000 ATAC common shares at a price of $0.76. The options are valid for a period of five years and will vest on a quarterly basis commencing three months from the date of grant.
ATAC is a Yukon-based exploration company focused on developing Canada’s only Carlin-type gold district at its 100% owned Rackla Gold Project. Recent work on the 1,700 km2 project has resulted in a positive Preliminary Economic Assessment for the Tiger Gold Deposit, drilling of multiple high-grade Carlin-type gold zones and the identification of numerous early-stage gold exploration targets. The Rackla Gold Project has no underlying royalties or third-party interests. ATAC is well-financed with approximately $19 million in its treasury.
On behalf of Management and the Board of Directors
of ATAC Resources Ltd.
Graham Downs, President and CEO
For further information, please contact:
Vanessa Pickering, Manager, Corporate Communications
ATAC Resources Ltd.
T: 604-687-2522 ext. 260
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