An inferred resource is a rough estimate placed on the property with a low degree of confidence using drill results and other methods. In addition, the company has identified an inferred resource of 1.685 million ounces on the Osiris property. The project has a pre-tax NPV of $118.2 million and a pre-tax IRR of 54 percent. They have identified a measured and indicated resource of 464,000 ounces of gold.

In addition, they have completed a PEA analysis on the Tiger Gold deposit located in the Rau portion.

In 2020, the company is exploring the central portion of the property. However, Barrick declined to move forward with the agreement by the end of 2018. To move the project forward, ATAC signed an earn-in agreement with Barrick Gold ( GOLD) in 2017. The Rackla Gold Property is centrally located in Yukon, not far from the Golden Eagle Mine. The Carlin is a trend located in Nevada that is known for some of the largest United States gold mines. ATAC claims to have found the first 'Carlin-type' gold deposit in all of Canada in the Rackla Property. Source: Created by the author ATAC ResourcesĪTAC has several exploration stage projects in Yukon territory, but none that are as noteworthy as its Rackla Gold Property. The following is a list of public companies that either have gold production in Yukon or have noteworthy exploration and development projects. However, if I've left any off of the list that are noteworthy, then, by all means, let me know about them in the comments section. There are currently a large number of companies staking claims in Yukon, and there are too many to make mention of in this article. Most gold companies in Yukon focus on the Tintina Gold Belt, which stretches from western Alaska to southern Yukon Territory, and the Eagle Gold Mine is no exception. ( OTCPK:VITFF) and was the largest gold mine in Yukon Territory's history. That gold mine was the Eagle Gold Mine owned by Victoria Gold Corp. Today, it's happening once again as companies large and small stake their claims in the territory.Īs a result of a gold rush in recent decades, the territory just had its first gold mine of substantial scale begin production. Yukon was home to the great Klondike Gold Rush that took place between 18, where 100,000 gold prospectors moved to the Klondike region. There is currently another gold rush taking place in the Yukon territory of Canada.

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