Atacama Resources has 6,600 acres of mineral claims at several locations in Ontario and Quebec that focus on gold, lithium, graphite, nickel, cobalt and rare earth elements.
Historically, grab samples and core samples at several of these locations also show trace amounts of micro diamonds. These findings may be of interest to the company.
ACTUAL TANNAHILL DRILL SITE
1
GOLD
a. TANNAHILL
i. 29 claim units in Kirkland Lake Gold Camp (approximately 1305 acres)
ii. 40 original drill holes showing 1.55 to 7 grams per ton as per 43-101 certification
iii. 17 new holes drilled of which 13 were drilled on the TANNAHILL South portion. Results are slated to come out on completion of core analysis. Mag and IP work on going on the Tannahill South Portion.
iv. In field drilling on the North Portion to be scheduled as per our qualified QP person Bill MacRae.
2
GOLD
a. GOLDEN EAGLE
i. 25 claim units in the Kirkland Lake Gold Camp (approximately 1200 acres)
ii. Located approximately 5 kilo ( 3 miles) south of Historic Macassa Gold Mine.
iii. Mag and IP surveys to be scheduled.
iv. Core drilling to take place upon Mag and IP survey evaluation as per QP Bill MacRae.
3
GOLD
a. ATACAMA 3
i. 23 claims (approximately 1035 acres)
ii. Located approximately 3 kilo (approximately 2 miles) south of the Historic Macassa Gold Mile.
iii. Mag and IP surveys completed.
iv. Drilling permits are in place ready for drilling.
v. 6 drilling locations recommended. As per QP Bill MacRae.
4
LITHIUM
a. Heighington
i. 25 claim units ( approximately 1100 acres) north of Cochrane, accessible by the Detour Mine site
ii. Documented pegmatite dykes noted by Ontario Ministry of Min
iii. Grab samples taken by Ontario gov’t in 2022 returned anomalous of Lithium and rare eart
iv. Mag work completed as per QP Bill MacRae.
5
LITHIUM
a. Lamothe
i. 3 claim blocks.
ii. Shows documented pegmatite dykes.
iii. Grab sample assays showed 1.09 % Lithium, 72 gram/ton(g/t) Gallium, 88 g/t, niobium, 44 g/t, rubidium, and 75 g/t tantalum.
43-101 Compliant as per QP Wayne Holmstead.
5
LITHIUM
a. Atakokan
i. 2 units. East of Atikokan with one section of the Trans-Canada highway cutting across the northwest of claim block.
ii. Documented [pegmatites dules noted by the Ministry of Mines.
iii. Further development work needed on this site as per QP Bill MacRae.
7
RARE EARTH
a. Carbonatite #1 ( Atikokan Area)
i. 18 units (approximately 810 acres)
ii. Covers significant potion of a massive Alkalic Intrusive unit with Carbonatite.
iii. Further work to be scheduled as per QP Bill MacRae.
8
COBALT
a. Cabo
b. Located in the Cobalt Area
i. 8 units ( approximately 360 acres)in the Lorrain Township in the Cobalt Camp.
ii. The property has 3 showings and one shaft along the several historical drill holes.
iii. Showing # 1 was drilled and returned 95 of which the largest was 2.64 mg from the lamprophyre and mafic breccia zone.
iv. Showing #2 contains a 50 foot shaft that returned nickel, silver and cobalt.
v. Showing # 3 returned cobalt and some diamond. Assays from the Giroux Shaft returned 1.22 % cobalt.
vi. Further work to be scheduled as per QP Bill MacRae.
9
GRAPHITE
a. Mystery Graphite
i. 13 claims (approximately 585 acres) is located to the South of the Timmins Gold Camp.
ii. The property has been drilled and returned significant large flake graphite intersections.
iii. This property is 43-101 compliant.
iv. NI-43-101 report is scheduled. As per QP Bill MacRae.