Successfully reported this slideshow.
Your SlideShare is downloading. ×

ATAC Corporate Presentation September 2022

Loading in …3
×

Check these out next

1 of 28 Ad
1 of 28 Ad

ATAC Corporate Presentation September 2022

Download to read offline

ATAC is a Vancouver-based exploration company focused on exploring for copper and gold in Yukon, BC and Nevada. Work on its ~1,700 km2 Rackla Gold Property in Yukon has resulted in the Osiris Deposit Indicated Resource of 732,000 oz of gold at 4.12 g/t (in 5.53 Mt) and Inferred Resource of 1,044,000 oz of gold at 3.47 g/t (in 9.4 Mt), and a positive Preliminary Economic Assessment for the Tiger Gold Deposit.

ATAC is well-financed with approximately $5 million in working capital.

ATAC is a Vancouver-based exploration company focused on exploring for copper and gold in Yukon, BC and Nevada. Work on its ~1,700 km2 Rackla Gold Property in Yukon has resulted in the Osiris Deposit Indicated Resource of 732,000 oz of gold at 4.12 g/t (in 5.53 Mt) and Inferred Resource of 1,044,000 oz of gold at 3.47 g/t (in 9.4 Mt), and a positive Preliminary Economic Assessment for the Tiger Gold Deposit.

ATAC is well-financed with approximately $5 million in working capital.

Advertisement
Advertisement

More Related Content

Advertisement

ATAC Corporate Presentation September 2022

  1. 1. TSX-V: ATC OTCQB: ATADF September 2022 Exploring for Copper and Gold in Yukon, BC and Nevada
  2. 2. TSX-V:ATC Forward-Looking Statements 2 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking information. Forward looking information contained in this presentation includes, but is not limited to, statements with respect to: (i) the estimation of inferred and indicated mineral resources; (ii) the success of exploration activities; (iii) the results of the PEA including statements about future production, future operating and capital costs, the projected IRR, NPV, payback period, and production timelines for the Tiger Deposit. These statements are based on information currently available to ATAC Resources Ltd. (“ATAC”) and ATAC provides no assurance that actual results will meet management’s expectations. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Forward-looking information contained in this presentation is based on certain factors and assumptions regarding, among other things, the estimation of mineral resources, the realization of resource estimate, gold metal prices, the timing and amount of future exploration and development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs, the availability of necessary financing and materials to continue to explore and develop the Tiger Deposit in the short and long-term, the progress of exploration and development activities, the receipt of necessary regulatory approvals, the completion of the environmental assessment process, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While ATAC considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of ATAC to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not commence at the Tiger Deposit, risks relating to variations in mineral resources, grade or recovery rates resulting from current exploration and development activities, risks relating to changes in gold prices and the worldwide demand for and supply of gold, risks related to increased competition in the mining industry generally, risks related to current global financial conditions, uncertainties inherent in the estimation of mineral resources, access and supply risks, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the development process, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, including the risk that the financing necessary to fund the exploration and development activities at the Tiger Deposit may not be available on satisfactory terms, or at all, risks related to disputes concerning property titles and interest, and environmental risks. This list is not exhaustive of the factors that may affect any of ATAC's forward- looking information. These and other factors should be considered carefully and readers should not place undue reliance on ATAC's forward-looking information. ATAC does not undertake to update any forward-looking information that may be made from time to time by ATAC or on its behalf, except in accordance with applicable securities laws. TECHNICAL DISCLOSURE It should be noted that the Tiger Deposit PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the PEA forecast will be realized or that any of the resources will ever be upgraded to reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Additional information about the Tiger Deposit PEA is summarized in ATAC’s February 27, 2020 technical report titled “Technical Report and Preliminary Economic Assessment for the Tiger Deposit, Rackla Gold Project, Yukon, Canada”, which can be viewed at www.sedar.com under the ATAC profile or on the ATAC website at www.atacresources.com. Additional information about the Osiris Resource Estimate is summarized in ATAC’s July 28, 2022 technical report titled “Technical Report and Estimate of Mineral Resources for the Osiris Project, Yukon, Canada” which can be viewed at www.sedar.com under the ATAC profile or on the ATAC website at www.atacresources.com. Historical information for the PIL property relies on disclosure from previous operators and has not been independently verified. QUALIFIED PERSON Adam Coulter, M.Sc., P.Geo., ATAC’s Vice President of Exploration, is a qualified person for the purposes of National Instrument 43-101. All technical information contained in this presentation has been approved by Adam Coulter. TRUE WIDTHS True widths for diamond drill holes are estimated to be 30% - 100% of intersected widths. RAB drill hole intersections are drilled thicknesses and true widths are unknown. Exploring for Copper and Gold in Yukon, BC and Nevada
  3. 3. TSX-V:ATC Corporate Overview 3 Share Structure* Shares Outstanding 209,813,641 Fully Diluted 246,182,994 Options ($0.17 - $0.55) 13,165,000 Warrants ($0.22 - $0.24) 23,204,353 Working Capital C$5.0M 52-Week Range 0.09 – 0.16 200-Day Moving Average 0.11 * Share Structure as at June 30, 2022 Recent Financings Shares Issued* Proceeds April 2022 25,000,000 @ $0.16/share (FT) ~$4.0M June 2021 14,400,000 @ $0.175/share (non-FT) 2,400,000 @ $0.21/share (FT) ~$2.5M ~$0.5M April 2021 4,800,000 @ $0.21/share (FT) ~$1.0 M Significant Holders Barrick Gold Corporation 13.3%* Konwave Gold Equity Fund 2.7%** Strategic Metals Ltd. 2.1%** LF Ruffer Gold Fund 1.0%*** * As at April 7, 2022 ** As at September 30, 2021 **** As at March 31, 2022 Exploring for Copper and Gold in Yukon, BC and Nevada Experienced Management Graham Downs, President & CEO – Over 25 years in the junior mining sector Ian Talbot, COO – Geologist & lawyer, formerly internal counsel with BHP Billiton World Exploration Jasmine Lau, CPA, CFO – Charted Professional Accountant with extensive resource sector experience Rob Carne, P.Geo, Chairman – Former President of ATAC Ed Cope, Technical Advisor – Formerly VP Exploration, North America for Barrick Gold Corporation Adam Coulter, P.Geo., VP Exploration – 10 years of exploration experience Andrew Carne, P.Eng., VP Corporate & Project Development – 10 years of exploration experience * FT = Flow-Through Shares
  4. 4. TSX-V:ATC 100%-owned High-Grade Resources in Yukon: Osiris: 732,000 oz. Au at 4.12 g/t (Indicated)* 1,044,000 oz. Au at 3.47 g/t (Inferred)* Tiger: 464,000 oz. Au at 3.19 g/t (M&I)* PIL Property in BC hosts multiple untested Cu-Au- Mo porphyry and epithermal Au-Ag targets. Located in the heart of the Toodoggone, one of BC’s hottest exploration districts. Drill results pending at the Connaught Property with Cu-Mo±Au porphyry potential over a 13 km trend Maiden drill program underway at the Catch Property in Yukon, with high-grade Cu-Au in rock samples across an extensive area 4 Strategic Assets in Top Tier Jurisdictions *Please see appendix for 43-101 compliant mineral resources. Exploring for Copper and Gold in Yukon, BC and Nevada 2022 exploration plans provide multiple paths to value creation. Multi-commodity exploration pipeline includes work from grassroots to discovery to resource expansion drilling.
  5. 5. TSX-V:ATC ESG 5 Exploring for Gold in Yukon and Nevada
  6. 6. TSX-V:ATC The Rau Project hosts the advanced-stage Tiger Gold Deposit with a PEA pre-tax NPV(5%) of $118.2 M and IRR of 54.5% Rackla Gold Property 6 The Nadaleen Project hosts Canada’s first Carlin- type gold discoveries with an indicated resource of 732,000 ounces at 4.12 g/t Au and inferred resource of 1,044,000 ounces at 3.47 g/t Au at the Osiris Deposit The Rackla Gold Property is ~1,700 km² and is comprised of two separate projects: Nadaleen and Rau. Exploring for Copper and Gold in Yukon, BC and Nevada Both projects have significant exploration potential, with numerous targets open to expansion and others not yet drill tested Yukon
  7. 7. TSX-V:ATC Nadaleen Trend Location 7 Exploring for Copper and Gold in Yukon, BC and Nevada Nadaleen Project Access & Infrastructure • Potential for shared road infrastructure with other projects • Access route from Canol Road currently being studied
  8. 8. TSX-V:ATC Nadaleen Trend Arsenic-in-Soil 8 Exploring for Copper and Gold in Yukon, BC and Nevada Yukon 2022 Exploration • 1,500m of expansion diamond drilling at the Osiris Deposit. Results pending.
  9. 9. TSX-V:ATC Osiris Deposit – Carlin-Style Gold Resources 9 Total Indicated Resources: 732,000 ounces gold at an average grade of 4.12 g/t (5.5Mt) Total Inferred Resources: 1,044,000 ounces gold at an average grade of 3.47 g/t (9.4Mt) Includes the Conrad, Sunrise, Osiris, and Ibis Zones Pit-Constrained Indicated Resources: 604,000 ounces gold at an average grade of 4.03 g/t (4.7Mt) Pit-Constrained Inferred Resources: 530,000 ounces gold at an average grade of 3.07 g/t (5.4Mt) Nadaleen Project Exploring for Copper and Gold in Yukon, BC and Nevada
  10. 10. TSX-V:ATC Osiris Deposit Cross-Section 10 Exploring for Copper and Gold in Yukon, BC and Nevada Nadaleen Project Exploration Potential • All zones remain open in multiple directions, with 1,200 m of vertical extent
  11. 11. TSX-V:ATC Osiris Deposit – 2022 Drilling Area 11 Exploring for Copper and Gold in Yukon, BC and Nevada Nadaleen Project 2022 Exploration • Step-out and expansion drilling at Conrad, Sunrise and Osiris
  12. 12. TSX-V:ATC Connaught Property Overview 12 Exploring for Copper and Gold in Yukon, BC and Nevada 137 km2 road-accessible property, 65 km west of Dawson City, in the headwaters of the Sixtymile placer gold (>560,000 oz Au) No historic exploration for porphyry potential 2021 trenching returned broad areas of highly elevated copper and molybdenum in Target Area A with extensive phyllic alteration Surface copper grades are expected to be depleted due to leaching, and are in line with Casino Deposit leached cap grades Maiden RC drill program completed to evaluate porphyry potential in Target Areas A and C Results pending from RC drilling Yukon Outcrop in 2021 Trench: 1.38% Cu
  13. 13. TSX-V:ATC Connaught Project – Copper in Soil 13 Exploring for Copper and Gold in Yukon, BC and Nevada Yukon 2022 Exploration • RC drill program evaluated Target Areas A and C. Assays pending.
  14. 14. TSX-V:ATC Connaught Project – 2021 Trenching 14 Exploring for Copper and Gold in Yukon, BC and Nevada Yukon Note this is an unglaciated environment, where copper grades are depleted due to surface leaching.
  15. 15. TSX-V:ATC Catch Property Overview 15 • New gold-copper discovery in underexplored extension of the Quesnel and Stikine terrane • 5,000 x 500 m copper-gold-in-soil anomaly • Extensive copper anomalism at surface with co-incident IP signature extending to depth • Rock samples have peak values of 52.4 g/t gold, 1.60% copper, 228 ppm molybdenum and 41.7 g/t silver • Maiden RC drill program underway! Exploring for Copper and Gold in Yukon, BC and Nevada Sample 3853101: 1.57% copper and 7.45 g/t gold Yukon
  16. 16. TSX-V:ATC Catch Property Photos 16 Exploring for Copper and Gold in Yukon, BC and Nevada Yukon Chalcopyrite-Bornite-Pyrite in outcrop. Assay pending. Malachite+Azurite in hand pit. Assay Pending.
  17. 17. TSX-V:ATC Catch Property – Copper-in-Soil 17 Exploring for Copper and Gold in Yukon, BC and Nevada Yukon 2022 Exploration • Systematic property-wide exploration • Follow up on 2021 trench discoveries
  18. 18. TSX-V:ATC Catch Property – Copper Rock Highlights 18 Exploring for Copper and Gold in Yukon, BC and Nevada Yukon Phase 2 Drill Program Underway • Maiden 1,500 m RC Drill program • Targeting co-incident surface copper & IP
  19. 19. TSX-V:ATC Catch Property – IP Chargeability Section 19 Exploring for Copper and Gold in Yukon, BC and Nevada Yukon 2022 IP Survey Results • Chargeability anomaly extends from surface to depth, co-incident with copper in rock
  20. 20. TSX-V:ATC PIL Property Overview 20 Exploring for Copper and Gold in Yukon, BC and Nevada BC Large, underexplored land package with numerous highly prospective copper-gold porphyry and epithermal gold-silver targets Located in a prolific and highly active part of BC’s Golden Horseshoe, amongst multiple past producing mines and advanced exploration projects Recently identified Copper Ridge Zone hosts a 1300 x 750 m copper-gold-molybdenum soil anomaly which has not been drill tested Composite talus sampling in 2015 at the Copper Cliff discovery returned 25 m of 1.04% copper and has not been evaluated by drilling Atlas East grab sampling returned 489.71 g/t gold with 6,514 g/t silver from a brecciated bedrock source and 72.47 g/t gold with 2,187 g/t silver from quartz vein float material
  21. 21. TSX-V:ATC PIL Property – Copper 21 Exploring for Copper and Gold in Yukon, BC and Nevada BC 2022 Exploration • IP Survey at Copper Ridge, Spruce and PIL South • Property-wide prospecting and mapping
  22. 22. TSX-V:ATC 2022 – A Transformational Year for ATAC 22 Exploring for Copper and Gold in Yukon, BC and Nevada Well positioned to embark on a transformational year and build momentum for the company Strong exploration plan, with property pipeline from grassroots through resource delineation Re-rate opportunity with significant value gap between assets and current market capitalization Project Pipeline Grassroots Discovery Resource Definition Economics Connaught, YK Catch, YK Rosy, YK PIL, BC Rau Project, YK (NPV @ $1,550/oz = $161.4M) Nadaleen Project, YK (732,000 oz Indicated @ 4.12 g/t Au, 1,044,000 oz Inferred @ 3.47 g/t Au)
  23. 23. TSX-V:ATC Why Invest in ATAC? 23 Robust pipeline with projects from grassroots to economic-stage in multiple jurisdictions, with drill results pending Economic Tiger Deposit Updated Tiger Deposit PEA demonstrates a pre-tax NPV(5%) of $118.2M with an IRR of 54.5% at US$1,400/oz gold High-grade copper-gold grassroots drill discovery potential in Yukon at the Catch Property 100% ownership of two high-grade open-pit gold deposits in Yukon, both open for expansion Experienced team with a track of discovery and rapid advancement Exploring for Copper and Gold in Yukon, BC and Nevada Well-financed, with $5M in treasury
  24. 24. Thank you
  25. 25. TSX-V:ATC Osiris Resource Sensitivity Total ATAC Mineral Inventory APPENDIX 22 26 27 28 Management & Directors Exploring for Copper and Gold in Yukon, BC and Nevada
  26. 26. TSX-V:ATC Management & Directors 26 Graham Downs, President & CEO, Director 23 years of Yukon mineral exploration experience Director of Trifecta Gold Adam Coulter, VP Exploration Professional Geologist, working in mineral exploration and development since 2012 Andrew Carne, VP Corporate & Project Development Professional Engineer, working in mineral exploration and development since 2012 Vice President of the Yukon Chamber of Mines Ian Talbot, Chief Operating Officer Formerly internal counsel with BHP Billiton World Exploration Jasmine Lau, Chief Financial Officer Chartered Professional Accountant with extensive resource sector experience Ed Cope, Technical Advisor 21 years with Barrick Gold Corporation; retired as VP Exploration for North America in 2016 Bill Wengzynowski, Geological Consultant 30+ years of Yukon-focused exploration experience Two-time recipient of Yukon Prospector of the Year award Rob Carne, Chairman Former President of ATAC and part of the Rackla Gold Project discovery team Bruce Youngman, Director President and COO of Canplats Resources; acquired by Goldcorp Former VP and director of Northern Dynasty Minerals Don Poirier, Director Former VP Corporate Development for Hecla Mining Glenn Yeadon, Secretary & Director 34 years as a partner or associate of Tupper, Jonsson & Yeadon James Gray, Director Managing partner of De Visser Gray LLP with extensive experience in accounting and auditing for junior resource companies Maureen Upton, Director 20 years of experience in ESG strategy and implementation with multinational natural resource corporations and financial institutions Exploring for Copper and Gold in Yukon, BC and Nevada
  27. 27. TSX-V:ATC Total ATAC Mineral Inventory 27 Classification Constraint Gold Cut-Off Tonnes Grade (Au g/t) Gold (oz) Indicated Open Pit 1.00 g/t 4,658,000 4.03 604,000 Underground 2.00 g/t 870,400 4.58 128,000 Total Indicated 5,528,400 4.12 732,000 Inferred Open Pit 1.00 g/t 5,370,000 3.07 530,000 Underground 2.00 g/t 3,990,000 4.01 514,000 Total Inferred 9,360,000 3.47 1,044,000 Osiris Inferred Resources* Tiger Measured and Indicated Resources* Type Constraint Classification Gold Cut-off Tonnes Grade (Au g/t) Gold (oz) Oxides Open Pit Indicated 0.75 g/t 1,980,000 3.74 238,000 Underground Indicated 1.50 g/t 165,000 3.09 16,000 Sulphides Open Pit Measured 0.75 g/t 799,000 2.92 75,000 Open Pit Indicated 0.75 g/t 847,000 2.68 73,000 Underground Measured 1.50 g/t 29,000 2.06 2,000 Underground Indicated 1.50 g/t 706,000 2.64 60,000 Total M+I 4,526,000 3.19 464,000 *See page 2 for 43-101 Technical Report disclosure Exploring for Copper and Gold in Yukon, BC and Nevada
  28. 28. TSX-V:ATC Osiris Resource Sensitivity* 28 Indicated Inferred Gold Cut-Off (g/t) Tonnes Grade (Au g/t) Gold (Ounces) Tonnes Grade (Au g/t) Gold (oz) 0.5 5,705,000 3.43 629,000 8,354,000 2.22 597,000 1.0 4,658,000 4.03 604,000 5,370,000 3.07 530,000 1.2 4,385,000 4.22 595,000 4,820,000 3.29 510,000 1.3 4,247,000 4.32 590,000 4,558,000 3.41 499,000 1.4 4,105,000 4.42 583,000 4,312,000 3.53 489,000 1.6 3,839,000 4.62 570,000 3,813,000 3.79 465,000 1.8 3,583,000 4.83 556,000 3,360,000 4.07 440,000 2.0 3,342,000 5.04 541,000 3,003,000 4.33 418,000 2.5 2,793,000 5.59 502,000 2,261,000 5.01 364,000 3.0 2,270,000 6.23 455,000 1,775,000 5.62 321,000 Pit Constrained Cut-Off Sensitivity Underground Cut-Off Sensitivity *See page 2 for 43-101 Technical Report disclosure Nadaleen Project Exploring for Copper and Gold in Yukon, BC and Nevada Indicated Inferred Gold Cut-Off (g/t) Tonnes Grade (Au g/t) Gold (Ounces) Tonnes Grade (Au g/t) Gold (oz) 1.0 1,227,000 3.68 145,200 6,114,000 3.15 619,000 1.2 1,155,700 3.88 144,200 5,714,000 3.29 605,000 1.3 1,125,700 3.90 141,200 5,530,000 3.36 598,000 1.4 1,097,000 4.00 141,200 5,330,000 3.44 589,000 1.6 1,021,400 4.14 136,100 4,901,000 3.60 568,000 1.8 939,400 4.37 132,100 4,447,000 3.80 544,000 2.0 870,400 4.58 128,100 3,990,000 4.01 514,000 2.5 712,000 5.07 116,100 2,997,000 4.62 445,000 3.0 566,300 5.72 104,100 2,243,000 5.23 377,000 4.0 393,300 6.73 85,100 1,314,000 6.49 274,000

×