ATAC Announces Results of Copper-Gold Exploration at its Connaught and PIL Properties

Original announcement by tmx on

Company
ATAC Resources Ltd.
Ticker
ATC
Exchange
TSX
Region
Yukon
Primary commodity
Copper
Secondary commodities
Gold, Molybdenum, Silver, Lead
Document categories
Drill results, Other
Extracted
2026-08-24 23:12:47 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

ATAC Resources reported first-ever porphyry drilling results at its Connaught Property in Yukon, including a 67.06 m intercept of 0.10% Cu. The company also reported high-grade silver-lead prospecting results at Connaught and strong copper outcrop samples at its PIL Property in BC.

Reasoning: The announcement reports significant first-pass porphyry drilling at Connaught and high-grade vein prospecting, though the porphyry copper grades are currently low.

Positive factors

  • first-ever drill holes targeting porphyry mineralization at Connaught
  • high-grade silver-lead vein prospecting results
  • strong copper values at PIL South target

Negative factors

  • low copper grades in porphyry targets (0.10% Cu)
  • true widths for drill intercepts are unknown

Facts used in scoring: 18

Atlas analysis — ATAC Resources Ltd.: ATAC Announces Results of Copper-Gold Exploration at its Connaught and PIL Properties. 0.1 % over 67.06 m; 0.04 % over 134.11 m; 0.05 % over 67.06 m

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Drill Results (18)

CNR-22-001Connaught · copperGrade: 0.1Grade Unit: %Intercept: 67.06 mView all details
Link to this fact

Identity

Hole ID
CNR-22-001
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0.1
Grade Unit
%
Intercept
67.06 m
From
0 m
To
67.06 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-001:0.0-67.06
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: First-pass porphyry intercept, though grade is low.

Positive factors

  • first-ever drill hole targeting porphyry at Connaught

Negative factors

  • low grade for porphyry

Evidence · text

“CNR-22-001 returned 67.06 m of 0.10% copper”
CNR-22-001Connaught · molybdenumGrade: 114Grade Unit: ppmIntercept: 67.06 mView all details
Link to this fact

Identity

Hole ID
CNR-22-001
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
114
Grade Unit
ppm
Intercept
67.06 m
From
0 m
To
67.06 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-001:0.0-67.06
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Co-occurring molybdenum in first porphyry hole.

Positive factors

  • anomalous molybdenum

Evidence · text

“67.06 m of 0.10% copper with 114 ppm molybdenum”
CNR-22-002Connaught · copperGrade: 0.04Grade Unit: %Intercept: 134.11 mView all details
Link to this fact

Identity

Hole ID
CNR-22-002
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0.04
Grade Unit
%
Intercept
134.11 m
From
0 m
To
134.11 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-002:0.0-134.11
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Low grade copper intercept.

Negative factors

  • low grade

Evidence · table

“0.04”

Context: 134.11

CNR-22-002Connaught · molybdenumGrade: 40Grade Unit: ppmIntercept: 134.11 mView all details
Link to this fact

Identity

Hole ID
CNR-22-002
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
40
Grade Unit
ppm
Intercept
134.11 m
From
0 m
To
134.11 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-002:0.0-134.11
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Low molybdenum grade.

Evidence · table

“40”

Context: 134.11

CNR-22-002Connaught · copperGrade: 0.1Grade Unit: %Intercept: 6.09 mView all details
Link to this fact

Identity

Hole ID
CNR-22-002
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0.1
Grade Unit
%
Intercept
6.09 m
From
94.49 m
To
100.58 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-002:94.49-100.58
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Sub-interval with slightly higher copper.

Evidence · table

“0.10”

Context: 6.09

CNR-22-002Connaught · molybdenumGrade: 131Grade Unit: ppmIntercept: 6.09 mView all details
Link to this fact

Identity

Hole ID
CNR-22-002
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
131
Grade Unit
ppm
Intercept
6.09 m
From
94.49 m
To
100.58 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-002:94.49-100.58
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Higher molybdenum in sub-interval.

Evidence · table

“131”

Context: 6.09

CNR-22-003Connaught · copperGrade: 0.04Grade Unit: %Intercept: 73.15 mView all details
Link to this fact

Identity

Hole ID
CNR-22-003
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0.04
Grade Unit
%
Intercept
73.15 m
From
0 m
To
73.15 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-003:0.0-73.15
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Low grade copper intercept.

Negative factors

  • low grade

Evidence · table

“0.04”

Context: 73.15

CNR-22-003Connaught · molybdenumGrade: 23Grade Unit: ppmIntercept: 73.15 mView all details
Link to this fact

Identity

Hole ID
CNR-22-003
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
23
Grade Unit
ppm
Intercept
73.15 m
From
0 m
To
73.15 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-003:0.0-73.15
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Low molybdenum grade.

Evidence · table

“23”

Context: 73.15

CNR-22-005Connaught · copperGrade: 0.05Grade Unit: %Intercept: 67.06 mView all details
Link to this fact

Identity

Hole ID
CNR-22-005
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0.05
Grade Unit
%
Intercept
67.06 m
From
18.28 m
To
85.34 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-005:18.28-85.34
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Low grade copper intercept.

Negative factors

  • low grade

Evidence · table

“0.05”

Context: 67.06

CNR-22-005Connaught · molybdenumGrade: 17Grade Unit: ppmIntercept: 67.06 mView all details
Link to this fact

Identity

Hole ID
CNR-22-005
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
17
Grade Unit
ppm
Intercept
67.06 m
From
18.28 m
To
85.34 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-005:18.28-85.34
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Low molybdenum grade.

Evidence · table

“17”

Context: 67.06

CNR-22-006Connaught · copperGrade: 0Grade Unit: %Intercept: 143.26 mView all details
Link to this fact

Identity

Hole ID
CNR-22-006
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0
Grade Unit
%
Intercept
143.26 m
From
134.11 m
To
277.37 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-006:134.11-277.37
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Copper below detection limits.

Negative factors

  • below detection

Evidence · table

“<0.01”

Context: 143.26

CNR-22-006Connaught · molybdenumGrade: 179Grade Unit: ppmIntercept: 143.26 mView all details
Link to this fact

Identity

Hole ID
CNR-22-006
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
179
Grade Unit
ppm
Intercept
143.26 m
From
134.11 m
To
277.37 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-006:134.11-277.37
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Elevated molybdenum in wide interval.

Positive factors

  • elevated molybdenum

Evidence · table

“179”

Context: 143.26

CNR-22-007Connaught · copperGrade: 0Grade Unit: %Intercept: 51.82 mView all details
Link to this fact

Identity

Hole ID
CNR-22-007
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0
Grade Unit
%
Intercept
51.82 m
From
179.83 m
To
231.65 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-007:179.83-231.65
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Copper below detection limits.

Negative factors

  • below detection

Evidence · table

“<0.01”

Context: 51.82

CNR-22-007Connaught · molybdenumGrade: 137Grade Unit: ppmIntercept: 51.82 mView all details
Link to this fact

Identity

Hole ID
CNR-22-007
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
137
Grade Unit
ppm
Intercept
51.82 m
From
179.83 m
To
231.65 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-007:179.83-231.65
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Elevated molybdenum in wide interval.

Positive factors

  • elevated molybdenum

Evidence · table

“137”

Context: 51.82

CNR-22-008Connaught · copperGrade: 0Grade Unit: %Intercept: 97.54 mView all details
Link to this fact

Identity

Hole ID
CNR-22-008
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0
Grade Unit
%
Intercept
97.54 m
From
161.54 m
To
259.08 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-008:161.54-259.08
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Copper below detection limits.

Negative factors

  • below detection

Evidence · table

“<0.01”

Context: 97.54

CNR-22-008Connaught · molybdenumGrade: 81Grade Unit: ppmIntercept: 97.54 mView all details
Link to this fact

Identity

Hole ID
CNR-22-008
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
81
Grade Unit
ppm
Intercept
97.54 m
From
161.54 m
To
259.08 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
CNR-22-008:161.54-259.08
Mining Method
open_pit

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Elevated molybdenum in wide interval.

Positive factors

  • elevated molybdenum

Evidence · table

“81”

Context: 97.54

incl.Connaught · copperGrade: 0.1Grade Unit: %Intercept: 6.09 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Connaught
Commodity
copper
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
0.1
Grade Unit
%
Intercept
6.09 m
From
94.49 m
To
100.58 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
incl.:94.49-100.58
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % copper is below against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 0.6 %·m is below.

Negative factors

  • 0.1 % copper is below the weak threshold (0.15 %) on the porphyry deposit band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.10”

Context: incl.

incl.Connaught · molybdenumGrade: 131Grade Unit: ppmIntercept: 6.09 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Connaught
Commodity
molybdenum
Region
canada_yt
Reported Region
Yukon
Ticker
ATC

Geometry

Grade
131
Grade Unit
ppm
Intercept
6.09 m
From
94.49 m
To
100.58 m

Classification

Deposit Type
porphyry
Sample Type
drill
Group ID
incl.:94.49-100.58
Mining Method
open_pit

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-18T00:00:00.000Z

Reasoning: Expanded from assay table: 131 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“131”

Context: incl.

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.