“VANCOUVER, Dec. 12, 2018 /CNW/
– ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) announces that Barrick Gold
Corporation (“Barrick”) has terminated its option to acquire an interest
in the Orion Project, located within ATAC’s 100% owned Rackla Gold
“To approve so-called Tier 1 projects, with potential for more than 5
million ounces of gold, Barrick will require a 15 percent rate of
return, based on a $1,000 gold price…. Tier 2 projects, with
more than 3 million ounces of gold, will need a 20 percent return.”
UPDATE at the open: ATAC? ATTACK!
Now 37% down.