Brochure Atac
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Dhahabu Project Dhahabu project consists of 20 mining concessions totaling 222 hectares. The acquisition was completed in late 2011. Atac is in the acquisition stage of securing mining concessions for two areas in the same region that will triple its land base. A transaction is awaiting its final approval for the transfer of concessions that will amalgamate three mines into one continuous claim at Dhahabu. All documents with respect to the concession are in good standing with the Tanzanian Ministry of Energy and Minerals, and the property is free and clear of all encumbrances. In December 2011, the company geologist completed a technical report for the enriched zone. It was compiled and researched according to NI 43-101 guidelines. The report indicates that drilling is highly recommendable at all locations to identify the primary deposit. Active artisanal mining activity is also found throughout the property. Assay results from the fieldwork are excellent with values up to 75 g/t Au. • Mine 1 23.89 Au • Mine 2 10.60 Au • Mine 7 3.95 • Mine 8 5.37 Au • Mine 11 4.68 Au • Mine 18 50.20 There exists a “gold-belt” approximately 2 km in length with completely unexplored open ends running through the concession. Exploration & Development The plan is to drill 48 holes to the depth of 100~200 meters. The budget of $2.5 million will be used to prove up a gold resource of 600,000+ ounces. There is a potential million tonnes of gold bearing ore in the enriched zone before taking into account the full length of the structure. Atac’s geologist has done over fifty NI43-101 reports and has a strong mining background. Valuation & Investment Option #1: Drill program and NI 43- 101 production. 33% of project for $3.3 million. Investor to have representation on board and control over disbursement of funds. Option #2: Small Scale Mining. $5 million investment could produce revenue of over $60 MM/year. Option #3: Acquisition target is one of the last crown jewels of Tanzania— $2.5 MM ($500k down payment). Working partner has strong political ties, and heavy equipment. Tanzania has been politically stable and is now regarded as one of the most politically stable countries in Africa. Mining is the fastest growing sector in Tanzania in terms of contribution to GDP and exports. This growth was assisted by the World Bank and the introduction of investor friendly mining laws introduced in 1998. The Mining Act of 1998 and subsequently amended in 2010 guarantees investor’s security of tenure provides transparency in issuance and administration of mineral rights. This has lead to a number of international corporations being attracted to the region including African Barrick, AngloGold Ashanti Limited and Resolute Mining Limited all of whom have a significant presence in the country. Our V ision ATAC MINING (TZN) is a privately held Canadian based junior mining company focused on gold exploration and development in Tanzania. ATAC MINING conducts its business through a wholly owned subsidiary and strategic joint venture partnership to provide a timely exploration and development approach to its properties. ATAC is aiming at a spring 2013 IPO after completing a NI 43-101 later this year.
Transcript of Brochure Atac
February 2012
Dhahabu Project
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Dhahabu project consists of 20 mining concessions totaling 222 hectares. The acquisition was completed in late 2011. Atac is in the acquisition stage of securing mining concessions for two areas in the same region that will triple its land base. A transaction is awaiting its final approval for the transfer of concessions that will amalgamate three mines into one continuous claim at Dhahabu. All documents with respect to the concession are in good standing with the Tanzanian Ministry of Energy and Minerals, and the property is free and clear of all encumbrances.
In December 2011, the company geologist completed a technical report for the enriched zone. It was compiled and researched according to NI 43-101 guidelines. The report indicates that drilling is highly recommendable at all locations to identify the primary deposit. Active artisanal mining activity
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is also found throughout the property.
Assay results from the fieldwork are excellent with values up to 75 g/t Au.
• Mine 1 23.89 Au • Mine 2 10.60 Au • Mine 7 3.95 • Mine 8 5.37 Au • Mine 11 4.68 Au • Mine 18 50.20
There exists a “gold-belt” approximately 2 km in length with completely unexplored open ends running through the concession.
Exploration & Development
The plan is to drill 48 holes to the depth of 100~200 meters. The budget of $2.5 million will be used to prove up a gold resource of 600,000+ ounces. There is a potential million tonnes of
3
gold bearing ore in the enriched zone before taking into account the full length of the structure. Atac’s geologist has done over fifty NI43-101 reports and has a strong mining background.
Valuation & Investment
Option #1: Drill program and NI 43-101 production. 33% of project for $3.3 million. Investor to have representation on board and control over disbursement of funds.
Option #2: Small Scale Mining. $5 million investment could produce revenue of over $60 MM/year.
Option #3: Acquisition target is one of the last crown jewels of Tanzania—$2.5 MM ($500k down payment). Working partner has strong political ties, and heavy equipment.
Tanzania has been politically stable and is now regarded as one of the most politically stable countries in Africa. Mining is the fastest growing sector in Tanzania in terms of contribution to GDP and exports. This growth was assisted by the World Bank and the introduction of investor friendly mining laws introduced in 1998. The Mining Act of 1998 and subsequently amended in 2010 guarantees investor’s security of tenure provides transparency in issuance and administration of mineral rights. This has lead to a number of international corporations being attracted to the region including African Barrick, AngloGold Ashanti Limited and Resolute Mining Limited all of whom have a significant presence in the country.
Our V ision ATAC MINING (TZN) is a privately held Canadian based junior mining company focused on gold exploration and development in Tanzania. ATAC MINING conducts its business through a wholly owned subsidiary and strategic joint venture partnership to provide a timely exploration and development approach to its properties. ATAC is aiming at a spring 2013 IPO after completing a NI 43-101 later this year.
