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Atacama Resources International Unveils 13 Kilometer/8 Mile Total Field Magnetic Survey and Induced Polarization Survey

Press Release

Orlando, Florida — (Newsfile Corp. – January 25, 2024) – Atacama Resources International (OTC Pink: ACRL) announces its commencement of a detailed ground geophysical program. A Total Field magnetic survey and an Induced Polarization (IP) survey will be completed over the southwest section of the Tannahill property.

These surveys aim to test the southwest extension of a major fault structure from the Tannahill North zone. Till samples from previous soil tests have confirmed gold grains in the area. In addition, there are gold and copper values from overburden drilling to the south of the proposed 2024 survey area along the same northeast/southwest fault structure that host the Tannahill gold bearing horizons. At least two and possibly three parallel gold-bearing structures that are open at depth have been discovered. Refer to the NI-43-101 report which is available for viewing on our website at www.acrlintl.com or through our OTC Markets page.

The ground program is to commence on the 25th of January and is anticipated to take three to four weeks to complete. Follow up diamond drilling to test the gold potential of any and all new conductive zones outlined by the 2024 program will follow. See attached map.

“We are excited to announce the initiation of the proposed Total Field magnetic survey and IP survey, which marks a pivotal moment in our pursuit of excellence in mineral exploration,” says [former] CEO Glenn Grant. “The untapped potential in the Tannahill North section has fueled our enthusiasm and conviction that the new south portion holds latent opportunities for significant mineral resources. We are confident that this venture will contribute to Atacama’s overall success and value proposition,” he adds.

Atacama Resources International remains committed to maintaining transparency, delivering shareholder value, and advancing its position as an innovative force in mineral exploration.

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 diamond.

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, Director of Investor Relations, at gregpraver@acrlintl.com.

Tannahill Project with Structures/Gold Zones

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6250/195580_63803935147538e7_001full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/195580

Geological map of Tannahill Project showing gold horizons, faults, and drill targets with detailed legend.

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Professional headshot of Brian Praver of Atacama Resources International in black suit against black background

David Jackson

Research Geologist

David Jackson has extensive international experience in geological consulting and project evaluation. His work spans multiple jurisdictions and includes both field-based exploration and analytical interpretation.

At Atacama, he contributes to geological analysis and project evaluation across the company’s exploration portfolio.

Professional headshot of Brian Praver of Atacama Resources International in black suit against black background

William MacRae, P.Geo.

Geologist and Qualified Person

William MacRae has more than 40 years of experience in mineral exploration, with a focus on gold systems. He has been involved in exploration programs ranging from grassroots work through advanced stages.

At Atacama Resources, Mr. MacRae oversees aspects of exploration and drilling activities and serves as the company’s Qualified Person, supporting technical disclosure and regulatory reporting.

Professional headshot of Brian Praver of Atacama Resources International in black suit against black background

John Grant

Director and Exploration Consultant

John Grant brings over 40 years of experience in mineral exploration, including work with both major and junior mining companies. His experience includes gold exploration programs in Ontario and the interpretation of geophysical survey data.

At Atacama Resources, he contributes to exploration planning and interpretation, including work related to the company’s properties in the Kirkland Lake District.

Professional headshot of Brian Praver of Atacama Resources International in black suit against black background

Don Swartz

Director

Don Swartz has experience in organizational consulting and corporate governance. He has worked with large institutions including Boeing, Microsoft, Intel, and U.S. government entities.

At Atacama, he contributes to board-level oversight and governance structure, including the establishment of corporate committees aligned with public company requirements.

Professional headshot of Brian Praver of Atacama Resources International in black suit against black background

Greg Praver

Chief Operating Officer, Corporate Secretary

Greg Praver oversees the operational functions of Atacama Resources, coordinating across internal teams and external stakeholders including legal, accounting, and regulatory partners.

As a director and corporate officer, he plays a key role in corporate administration, compliance, and execution of company initiatives.

Professional headshot of Brian Praver of Atacama Resources International in black suit against black background

Brian Praver

President, Business Development

Brian Praver has experience in organizational leadership, team development, and business strategy. His role at Atacama Resources focuses on business development, strategic partnerships, and identifying opportunities aligned with the company’s exploration objectives.

He holds a background in economics and international business and contributes to the company’s positioning within the broader resource sector.

Professional headshot of Brian Praver of Atacama Resources International in black suit against black background

Thomas Moynihan

Chief Executive Officer, Chairman, and Chief Financial Officer

Thomas Moynihan brings over 40 years of experience in accounting, auditing, fundraising, and financial consulting. He has worked with both major U.S. companies and private enterprises, providing financial oversight and strategic guidance.

At Atacama Resources, Mr. Moynihan is responsible for corporate leadership, financial management, and overall strategic direction. His background includes extensive experience in capital formation and corporate structuring, supporting the company’s development as a publicly traded exploration issuer.