Atacama Resources International, Inc. Releases Old Todora Syndicate Assay Results for Gold Mining Properties in Greater Kirkland Lake Region in Northern Ontario
January 09, 2019 at 01:35 am
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Atacama Resources International has released the 1930 Todora Syndicate diamond drilling results for the Atacama 1 property located in the Eby and Otto Townships within the Larder Lake Mining Division. Todora diamond drilled seven holes on the Atacama 1 property in 1930 but Atacama Resources did not receive the assay results until late 2018. Atacama 1 consists of twelve claims on 480 acres. Core samples for four of the holes yielded gold concentrations of at least two ounces per ton. These are very good results. However, Hole #6 assayed, at approximately 365 feet, a gold concentration of eight ounces per ton. This result is duly noted and Atacama Resources will undertake extensive exploration and development in and around Hole #6 in 2019. It should be emphasized that the Atacama properties are located less than five miles southwest of the new Kirkland Lake Gold Ltd. Mining activities. The gold exploration activities in Kirkland Lake have taken on the appearance of a ‘gold rush.’ New drilling is taking place at near record levels and the Atacama 1, 2 and 3 properties are in the middle of all this activity.
Atacama Resources International, Inc. is a mineral exploration company with mining claims in the greater Kirkland Lake area of Northern Ontario. Metals and minerals under potential exploration include gold, silver, lithium, graphite, and cobalt. The Companyâs Ontario properties include Heighington Lithium Property, Atakokan Lithium Property, Carbonatite Properties, Tannahill Gold Property, Atacama 3 Property, Golden Eagle Property, and Cabo Cobalt/Diamond Property. The Heighington Lithium Property consists of 12 units located north of Cochrane. The Companyâs Atakokan Lithium Property consists of two units situated to the east of Atikokan with a section of the transcanada highway cutting across the northwest section of the claim block. The Carbonatite Properties consist of about 35 units that cover a significant portion of a massive Alkalic Intrusive unit with Carbonatite. Tannahill Gold Property consists of 29 claim units located to the northeast of the Kirkland Lake Gold camp.
Atacama Resources International, Inc. Releases Old Todora Syndicate Assay Results for Gold Mining Properties in Greater Kirkland Lake Region in Northern Ontario