# ATAC Announces Commencement of 2022 Exploration Program Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/atac-announces-commencement-of-2022-exploration-program--1938b798-fef7-48b1-9ea6-57f7772b462e Original source: https://money.tmx.com/en/quote/ATC/news/7014962051982030/atac-announces-commencement-of-2022-exploration-program Publisher: tmx Original announcement: 2022-05-19T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: ATAC Resources Ltd. - Ticker: ATC - Exchange: TSX - Region: Yukon - Primary commodity: Gold - Secondary commodities: Copper, Silver, Molybdenum - Document categories: Drill results, Resource update, Other - Extracted: 2026-09-17 11:45:21 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary ATAC Resources has commenced its 2022 exploration program, featuring 7,000m of planned drilling across the Nadaleen, Connaught, and PIL projects. The program aims to expand the Osiris gold resource and test new copper-molybdenum porphyry targets. Reasoning: The announcement details the start of a significant multi-project exploration season, including planned drilling to expand known gold resources and test new porphyry targets. - Positive factor: Commencement of a large-scale 7,000m drilling program - Positive factor: High-grade historical intercepts mentioned as targets - Positive factor: Expansion of existing resource targets - Positive factor: New exploration targets at Connaught and PIL Facts used in scoring: 3 ## Classification and evidence **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Mentions proximity to Benchmark Metals' Lawyers Project and TDG Gold Corp's Shasta Project. Evidence · text > nearby Benchmark Metals' Lawyers Project and TDG Gold Corp's Shasta Project ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### OS-18-273 [Link to this fact](https://atlas-extractions.minestarters.com/news/atac-announces-commencement-of-2022-exploration-program--1938b798-fef7-48b1-9ea6-57f7772b462e#fact-drill-facts-0) Nadaleen · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: OS-18-273 - Project: Nadaleen - Commodity: gold - Region: canada\_yt - Reported Region: canada\_yt - Ticker: ATC #### Geometry - Grade: 12.95 - Grade Unit: g/t - Intercept: 26.7 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2018-06-01T00:00:00.000Z #### Dates - Event date: 2022-05-19T00:00:00.000Z Reasoning: Strong historical gold intercept providing a clear drilling target. - Positive factor: High grade intercept Evidence · text > 26.70 m of 12.95 g/t gold in OS-18-273 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "2022 Exploration Plan Highlights 2,000 m of diamond drilling at the Nadaleen Project to follow up on high grade intersec" ### OS-18-275 [Link to this fact](https://atlas-extractions.minestarters.com/news/atac-announces-commencement-of-2022-exploration-program--1938b798-fef7-48b1-9ea6-57f7772b462e#fact-drill-facts-1) Nadaleen · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: OS-18-275 - Project: Nadaleen - Commodity: gold - Region: canada\_yt - Reported Region: canada\_yt - Ticker: ATC #### Geometry - Grade: 11.72 - Grade Unit: g/t - Intercept: 8.63 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2018-06-01T00:00:00.000Z #### Dates - Event date: 2022-05-19T00:00:00.000Z Reasoning: Strong historical gold intercept providing a clear drilling target. - Positive factor: High grade intercept Evidence · text > 8.63 m of 11.72 g/t gold in OS-18-275 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "2022 Exploration Plan Highlights 2,000 m of diamond drilling at the Nadaleen Project to follow up on high grade intersec" ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/atac-announces-commencement-of-2022-exploration-program--1938b798-fef7-48b1-9ea6-57f7772b462e#fact-resource-facts-2) Nadaleen Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Nadaleen Project - Commodity: gold - Region: canada\_yt - Reported Region: Yukon - Ticker: ATC #### Resource scope - Estimate type: resource - Effective date: 2018-06-01T00:00:00.000Z - Resource group id: resource:dad01ef7510a75bd5317 - Deposit or zone: Osiris #### Resource Data - Category: inferred - Tonnes: 12400000 - Grade: 4.23 - Grade Unit: g/t - Contained Metal: 1685000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2018-06-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-06-01T00:00:00.000Z #### Dates - Event date: 2022-05-19T00:00:00.000Z Reasoning: Large inferred gold resource providing the foundation for the exploration program. - Positive factor: Significant gold resource - Negative factor: Inferred category Evidence · text > 1,685,000 ounces of inferred resources at 4.23 g/t gold , in 12.4 Mt #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.0 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.