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Re: reko01 post# 47855

Wednesday, 03/06/2024 12:08:00 PM

Wednesday, March 06, 2024 12:08:00 PM

Post# of 49054
The drill permit was issued in April 2023. The permit is not in the name of Atacama but in the names of the owners of Tannahill, which is not Atacama. The report previously issued was done by the company which is partially owned by the son of the authoring professional geologist. If one reads the entire report you will realize that the drilling done to date has not shown any strong assays for gold and according to Jack, a professional geologist is nothing to write home about and the author of the current 43-101 report concurs. So it is not just Jacks opinion but the opinion of the report for ATacama. However the devil is not in the details as we have seen. The stock promoters are simply pushing the idea that the drilling and the rising price of gold somehow are conducive to success. Someone paid $315,000.00 for that report. ATacama has to pay $400,000.00 to keep the lease as per the agreement.