ATAC Resources Ltd. Announces Property Earn-In Agreement with Barrick Gold Corporation

April 10, 2017

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VANCOUVER, BC–(Marketwired – April 10, 2017) – ATAC Resources Ltd. (TSX VENTURE: ATC) (“ATAC”) is pleased to announce that it has entered into a number of transactions with Barrick Gold Corporation (NYSE: ABX) (TSX: ABX) (“Barrick”) pursuant to which Barrick can acquire an interest in the central portion of ATAC’s Rackla Gold Property (the “Orion Project”) and make an $8.3 million investment in ATAC. Under the terms of the property earn-in agreement (the “Earn-in Agreement”) Barrick can acquire up to a 70% interest in the Orion Project.

Category: General