Atacama Pacific Gold Corporation TSXV:ATM announced results from its Cerro Maricunga Gold Project in Chile. Assays include 0.96 g/t gold over 222 metres (including 1.46 g/t over 68 metres), 0.92 g/t over 88 metres (including 1.49 g/t over 28 metres) and 0.67 g/t over 26 metres.
President/CEO Carl Hansen said, “Drill hole CMD-026 is the deepest drilled to date at Cerro Maricunga and confirms the presence of a major oxidized gold system extending from surface to depths of 550 metres and remaining open to depth. Atacama Pacific has completed over 15,000 metres during the current drill program and, in light of the continued success, we are considering increasing the drill program to 25,000 metres. The Phase II program is scheduled to be completed by April 2011 and a resource estimate is anticipated during the third quarter.”
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Carl B. Hansen
by Ted Niles