VANCOUVER, March 1, 2018 /CNW/ - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") announces that it has appointed Matthew Keevil as Vice President of Corporate Affairs.
Mr. Keevil has over 15 years' of experience in mining, capital markets, and corporate affairs. He began in business development with Teck Resources, as a junior analyst, with a focus on macro-economic commodity trends, asset valuations, and data-driven strategy. Most recently, Mr. Keevil spent six years covering the mining and bulk commodity industries as the Western Editor of The Northern Miner. In that role, Mr. Keevil developed a global network of industry, government, and financial contacts. Mr. Keevil holds a Bachelor of Arts (Honours) in economics and political science from Queen's University, and a Masters of Professional Communication from Royal Roads University.
Graham Downs, President and CEO, commented: "We are very excited to have a professional of Matt's caliber join our management team. Matt's deep understanding of the industry will be invaluable in building on our industry relationships and communicating ATAC's story, as we continue to advance the Rackla Gold Property."
In conjunction with this appointment, ATAC has granted Mr. Keevil an incentive stock option, entitling him to purchase up to a total of 250,000 ATAC common shares at a price of $0.53. The option is valid for a period of five years and will vest on a quarterly basis commencing three months from the date of grant.
The Company also announces that Vanessa Pickering has stepped down as Manager of Corporate Communications to pursue another career opportunity.
"On behalf of the Board and management, I would like to take this opportunity to sincerely thank Vanessa for her outstanding efforts over the past seven years," commented ATAC's President and CEO, Graham Downs. "Vanessa was an integral member of our team who exceled at building relationships within the investment, First Nation, Yukon Government and industry communities. We wish Vanessa every success in her new endeavor."
ATAC is a Yukon-based exploration company focused on developing Canada's only known Carlin-type gold district at the Rackla Gold Property. Recent work on the ~1,700 km2 property 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. ATAC and Barrick Gold Corporation recently partnered to explore the Rackla Gold Property's Orion Project, with Barrick having the option to earn up to 70% of Orion by spending $55 million in exploration. ATAC is well-financed with approximately $13 million in its treasury and recently completed an approximately $10 million exploration program at the Osiris and Rau Projects (which are not subject to Barrick's earn-in right), while concurrently working with Barrick to advance the 780 km² Orion Project.
On behalf of Management and the Board of Directors of ATAC Resources Ltd.
Graham Downs, President and CEO
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SOURCE ATAC Resources Ltd.
For further information: Graham Downs, ATAC Resources Ltd., T: 604-687-2522 ext. 259, [email protected]