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Atacama Resources Intl. Announces Significant Gold & Base Metal Potential at Tannahill Property, Kirkland Lake Gold Camp

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Atacama Resources International (OTC Pink: ACRL) has announced results from its 2024 exploration program at the Tannahill Gold Property in Ontario's Kirkland Lake gold camp. The program included geophysical surveys and a 17-hole drill campaign, revealing significant findings:

Six drill holes showed gold values between 0.59 and 5.31 grams per ton over widths of 6.5 to 20 feet, with one intersection averaging 0.71 g/t over 60 feet. Four holes targeting induced polarization (IP) zones intersected massive sulphides, suggesting base metal potential. The IP zones extend over 500 and 900 meters and remain open northeast.

The drilling confirmed continuity of the Upper and Lower Gold Zones near surface, with historical drilling showing values of 0.34 to 7.02 g/t Au. The company plans in-fill drilling, base metal assays, grid expansion, and surface exploration to advance the project.

Atacama Resources International (OTC Pink: ACRL) ha annunciato i risultati del suo programma di esplorazione 2024 presso il Tannahill Gold Property nel campo aurifero di Kirkland Lake, in Ontario. Il programma ha incluso sondaggi geofisici e una campagna di perforazione di 17 fori, rivelando risultati significativi:

Sei fori di perforazione hanno mostrato valori d'oro compresi tra 0,59 e 5,31 grammi per tonnellata su larghezze da 6,5 a 20 piedi, con un'intersezione che mediava 0,71 g/t su 60 piedi. Quattro fori miranti a zone di polarizzazione indotta (IP) hanno intersecato solfuri massivi, suggerendo un potenziale per i metalli di base. Le zone IP si estendono per oltre 500 e 900 metri e rimangono aperte a nord-est.

La perforazione ha confermato la continuità delle Zone Aurifere Superiore e Inferiore vicino alla superficie, con perforazioni storiche che mostrano valori tra 0,34 e 7,02 g/t Au. L'azienda prevede perforazioni di riempimento, analisi dei metalli di base, espansione della griglia e esplorazioni superficiali per avanzare il progetto.

Atacama Resources International (OTC Pink: ACRL) ha anunciado los resultados de su programa de exploración 2024 en la Tannahill Gold Property en el campamento de oro de Kirkland Lake, Ontario. El programa incluyó estudios geofísicos y una campaña de perforación de 17 pozos, revelando hallazgos significativos:

Seis pozos de perforación mostraron valores de oro entre 0.59 y 5.31 gramos por tonelada en anchos de 6.5 a 20 pies, con una intersección que promedió 0.71 g/t en 60 pies. Cuatro pozos que apuntaban a zonas de polarización inducida (IP) intersecaron sulfuros masivos, sugiriendo potencial para metales básicos. Las zonas de IP se extienden más de 500 y 900 metros y permanecen abiertas hacia el noreste.

La perforación confirmó la continuidad de las Zonas de Oro Superior e Inferior cerca de la superficie, con perforaciones históricas que mostraron valores de 0.34 a 7.02 g/t Au. La empresa planea perforaciones de relleno, análisis de metales básicos, expansión de la cuadrícula y exploración superficial para avanzar en el proyecto.

Atacama Resources International (OTC Pink: ACRL)은 온타리오의 커클랜드 레이크 금 캠프에 위치한 Tannahill Gold Property의 2024년 탐사 프로그램 결과를 발표했습니다. 프로그램에는 지구물리학적 조사와 17개 구멍의 드릴 캠페인이 포함되어 있으며, 중요한 발견이 있었습니다:

여섯 개의 드릴 구멍에서 0.59~5.31그램/톤의 금 값이 6.5~20피트 너비에 걸쳐 나타났으며, 한 개의 교차점에서는 60피트에 걸쳐 평균 0.71 g/t가 기록되었습니다. 유도 분극(IP) 구역을 목표로 하는 네 개의 구멍은 대량 황화물을 교차했으며, 기초 금속 잠재력을 시사합니다. IP 구역은 500~900미터 이상 뻗어 있으며, 북동쪽으로 열려 있습니다.

드릴링은 표면 근처의 상부 및 하부 금 구역의 연속성을 확인했으며, 이전 드릴링에서는 0.34~7.02 g/t Au의 값을 보였습니다. 회사는 프로젝트를 진전시키기 위해 내사 드릴링, 기초 금속 시험, 그리드 확장 및 지상 탐사를 계획하고 있습니다.

Atacama Resources International (OTC Pink: ACRL) a annoncé les résultats de son programme d'exploration 2024 sur la Tannahill Gold Property dans le camp aurifère de Kirkland Lake, en Ontario. Le programme comprenait des relevés géophysiques et une campagne de forage de 17 trous, révélant des résultats significatifs :

Six trous de forage ont montré des valeurs d'or comprises entre 0,59 et 5,31 grammes par tonne sur des largeurs de 6,5 à 20 pieds, avec une intersection moyenne de 0,71 g/t sur 60 pieds. Quatre trous visant des zones de polarisation induite (IP) ont intersecté des sulfures massifs, suggérant un potentiel pour les métaux de base. Les zones IP s'étendent sur 500 et 900 mètres et restent ouvertes au nord-est.

Le forage a confirmé la continuité des zones aurifères supérieures et inférieures près de la surface, avec des forages historiques montrant des valeurs de 0,34 à 7,02 g/t Au. L'entreprise prévoit des forages de remplissage, des analyses de métaux de base, une expansion de la grille et une exploration de surface pour faire avancer le projet.

Atacama Resources International (OTC Pink: ACRL) hat die Ergebnisse seines Erkundungsprogramms 2024 auf dem Tannahill Gold Property im Goldcamp von Kirkland Lake, Ontario, bekannt gegeben. Das Programm umfasste geophysikalische Erhebungen und eine Bohrkampagne mit 17 Löchern, die bedeutende Ergebnisse enthüllte:

Sechs Bohrlöcher zeigten Goldwerte zwischen 0,59 und 5,31 Gramm pro Tonne über Breiten von 6,5 bis 20 Fuß, wobei eine Kreuzung durchschnittlich 0,71 g/t über 60 Fuß ergab. Vier Löcher, die auf induzierte Polarisation (IP) abzielen, durchdrangen massive Sulfide und deuten auf ein Potenzial für unedle Metalle hin. Die IP-Zonen erstrecken sich über 500 und 900 Meter und bleiben nordostwärts offen.

Das Bohren bestätigte die Kontinuität der oberen und unteren Goldzonen in der Nähe der Oberfläche, wobei historische Bohrungen Werte zwischen 0,34 und 7,02 g/t Au zeigten. Das Unternehmen plant Auffüllbohrungen, Analysen unedler Metalle, Grid-Erweiterungen und Oberflächenerkundungen, um das Projekt voranzutreiben.

Positive
  • Six drill holes confirmed significant gold mineralization with values up to 5.31 g/t
  • Discovery of massive sulphides in four drill holes indicating base metal potential
  • Extensive IP zones identified: 500m and 900m lengths remaining open to northeast
  • Confirmation of historical gold zones with values up to 7.02 g/t Au
Negative
  • Base metal assays not yet completed for massive sulphide intersections
  • Additional drilling required to define gold resource

Orlando, Florida--(Newsfile Corp. - January 28, 2025) - Atacama Resources International Inc. (OTC Pink: ACRL) (the "company") announces the results of its 2024 exploration program at the Tannahill Gold Property, located in the prolific Kirkland Lake gold camp in northeastern Ontario. The program, which included geophysical surveys and a 17-hole drill campaign, has confirmed significant gold mineralization and identified promising base metal potential, further solidifying the property's position as a high-priority project for the company. The Geophysical Report on the Tannahill Property can be found on Atacama Resources International's website, www.acrlintl.com, or click here to download the PDF.

Key Highlights from the 2024 Exploration Program:

  1. Gold Mineralization Confirmed:
    • Six of the 17 drill holes intersected gold values ranging from 0.59 grams per ton (g/t) to 5.31 g/t over widths of 6.5 feet to 20 feet, with one intersection averaging 0.71 g/t over 60 feet.
    • These results confirm and extend the historical gold mineralization identified in the 1996-1997 drill programs, which returned values of up to 7.02 g/t Au over 3.70 meters.
  2. Base Metal Potential Identified:
    • Four drill holes targeted strong conductive zones identified by the 2024 induced polarization (IP) survey. These holes intersected massive sulphides, which have not yet been assayed for base metals (copper, zinc, etc.).
    • The conductive zones, labeled IP Zones A and B, extend over 500 meters and 900 meters respectively and remain open to the northeast, suggesting significant potential for base metal discoveries.
  3. Historical Gold Zones Extended:
    • The 2024 drilling confirmed the continuity of the Upper and Lower Gold Zones, which are near-surface and remain open at depth. Historical drilling in these zones returned values of 0.34 g/t to 7.02 g/t Au over widths of several feet to tens of feet.
    • The Lower Zone, in particular, is interpreted to be the richer of the two zones and warrants further exploration.
  4. Geophysical Surveys Outline Promising Targets:
    • Detailed magnetic, VLF-EM, and IP surveys identified several conductive and magnetic anomalies, including two strong IP zones (A and B) that parallel the main southwest-northeast fault structure.
    • These zones are interpreted to be associated with the historical gold mineralization and may represent extensions of the known gold horizons.

Recommended Steps for the Tannahill Property:

  • In-Fill Drilling: Atacama plans to conduct detailed in-fill drilling of the historical gold horizons to better define the gold resource and determine the depth extent of the Upper and Lower Zones.
  • Base Metal Assays: The company will prioritize assaying the massive sulphide intersections from the 2024 drill program to evaluate the base metal potential of the property.
  • Grid Expansion: The 2024 survey grid will be extended to the northeast, with additional IP and magnetic surveys to further define the strike length and direction of the conductive zones.
  • Surface Exploration: Trenching and stripping programs are recommended to better define the surface extent of the gold horizons and identify additional mineralization.

Management Commentary:

J. C. Grant, CET, FGAC, the lead geophysicist and author of the report, stated, "The 2024 exploration program has successfully confirmed the gold potential of the Tannahill Property and identified exciting new opportunities for base metal discoveries. The strong conductive zones outlined by the IP survey, combined with the historical gold mineralization, make this property a high-priority target for Atacama. We look forward to advancing the project with further drilling and geophysical surveys."

About the Tannahill Property:

The Tannahill Gold Property consists of 29 contiguous mining claims covering approximately 625.5 hectares in Tannahill and Elliott Townships, Ontario. The property is located within the Abitibi Greenstone Belt, one of the world's most prolific gold-producing regions, and is situated approximately 35 kilometers northeast of Kirkland Lake, Ontario.

About Atacama Resources International (www.acrlintl.com)

Atacama Resources International is a publicly traded OTC Pink company with significant mining claims in the greater Kirkland Lake area of Northern Ontario. Metals and minerals under potential exploration include gold, silver, lithium, graphite, cobalt, and diamonds. Please visit the company's website at www.acrlintl.com for more information.

Forward-Looking Statements

Certain information outlined in this news announcement may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Atacama Resources International. Such forward-looking statements are based on current expectations, estimates, and projections about the Company's industry, management beliefs, and certain assumptions made by its management. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise, and, as such, undue reliance should not be placed on forward-looking statements. Information concerning factors that could cause the Company's actual results to differ materially from those contained in these forward-looking statements can be found in the Company's periodic reports filed with OTC Markets. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise to reflect future events or circumstances or reflect the occurrence of unanticipated events.

For more information, please contact Greg Praver, Chief Operating Officer, at (770) 733-3017 or gpraver@acrlintl.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238664

FAQ

What gold values did ACRL's 2024 Tannahill drilling program reveal?

The 2024 drilling program revealed gold values ranging from 0.59 to 5.31 grams per ton over widths of 6.5 to 20 feet, with one intersection averaging 0.71 g/t over 60 feet.

How extensive are the IP zones discovered at ACRL's Tannahill Property?

The IP zones A and B extend over 500 meters and 900 meters respectively and remain open to the northeast.

What were the historical gold values at ACRL's Tannahill Property?

Historical drilling at the Tannahill Property returned values of 0.34 g/t to 7.02 g/t Au over widths ranging from several feet to tens of feet.

What are ACRL's next steps for the Tannahill Property exploration?

ACRL plans to conduct in-fill drilling, complete base metal assays, expand the survey grid northeast, and implement trenching and stripping programs.

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