Atac Resources Ltd

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Description

ATAC's business plan is to recognize under-explored gold prospects that can be acquired and evaluated at minimal cost. We carry out the compilation of historical data and perform the necessary field work to make the prospect attractive enough for other groups to acquire and carry out advanced exploration. This generative approach is designed to capitalize on management's exploration experience and ATAC's access to the large proprietary database maintained by Archer, Cathro & Associates (1981) Limited, the company's exploration consultant. This model leverages exploration expenditures and maximizes exploration activities while allowing ATAC to retain a significant participating interest if exploration is ultimately successful in developing a gold mine.

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