Everybody seems to be excited about Gold!
In early 2016, we started to see upbeat reports on the
rising price of gold and the increased interest in locating new potential
mining properties. This plays well for
Atacama Resources International (ACRL), an emerging US public company with
significant mining properties in the Kirkland Lake area. Kirkland Lake is home to existing gold mining
companies and ACRL’s 42 claims, spread over 1680 acres, and is within minutes
of the existing, producing gold mines.
The trade press has been vocal about the prospects of a new
‘gold rush’ globally and the greater Kirkland Lake area is a major source of
gold in the Canadian mining industry.
It is clear that the market conditions that impacted
negatively on gold prices over the past several years have changed and we can
expect to see continuing rising gold prices in the future. The boom may well last for years!
ACRL has actively worked portions of its Kirkland Lake
mining property with test drills and assay results can be expected in
July. We will not comment on our
expectations regarding the assay results in terms of gold concentrations at
various depths but our proximity to successful gold mining operations in the
area makes it interesting!
The company is always looking at other properties that might
become available and these explorations are not limited to gold. Properties with proven concentrations of
graphite, other strategic minerals and even diamonds are being reviewed.
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