East Goldfield Project High Grade Outcrop Form Previous Drilling

VANCOUVER - ATAC Resources Ltd. reported update on follow-up prospecting at its road-accessible East Goldfield Property, located in the Goldfield Mining District of Nevada. The Goldfield Mining District has a reported historical gold production of 4.2 million ounces at a grade of 18.55 g/t. The Property hosts the historical Tom Keane mine, where shallow reverse circulation (RC") drilling by a previous operator, subsequent to limited underground mining, returned 22.86 m of 2.88 g/t gold and 44.20 m of 1.03 g/t gold.

East Goldfield Highlights: Phase 2 rock chip sampling near a 1.28 g/t gold rock sample collected during phase 1 returned 4.16 g/t gold over 8 m, including 7.87 g/t gold over 3 m; Prospecting has identified 7 distinct mineralized epithermal alteration zones, historically referred to as "ledges"; Structural mapping has advanced 4 of these zones to the drill-ready stage; High grade samples occur within areas of gold-in-soil anomalism and dickite alteration identified in the hyperspectral survey, with multiple areas targeted for further follow-up work; and Preparations continue for a +4,000 m RC drill program scheduled to begin in August.

"We are very excited to see these high-grade outcrop results over a kilometer away from the previous Tom Keane drilling. From elsewhere in the Goldfield District, we know grades generally improve with depth, and we look forward to drill testing many of these targets this summer," stated President and CEO, Graham Downs. "Prospecting has been incredibly successful so far, with 7 distinct mineralized areas identified across very significant lengths. Crews will continue to conduct additional mapping and prospecting across the property as we ramp up work in preparation for drilling. Given the large number of priority targets identified to-date, we will likely be expanding our planned drill program."

Follow-up chip sampling near a 1.28 g/t gold rock sample identified in phase 1 work returned 4.16 g/t gold over 8 m, including 2.30 g/t gold over 2 m, 7.87 g/t gold over 3 m, and 1.69 g/t gold over 3 m. An additional 10 rock samples graded between 0.16 g/t gold and 0.73 g/t gold, confirming the presence of gold mineralization at multiple distinct ledges.

The Company continues to prepare for a +4,000 m RC drill program scheduled to begin in August.  Drilling will include: Multiple holes close to the historical Tom Keane mine, where Metallic Ventures Gold Inc. reported 22.86 m of 2.88 g/t gold and 44.20 m of 1.03 g/t gold in 2003; and Regional holes to test priority targets identified by prospecting work.