ATAC Resources Ltd. announced prospecting, soil sampling, and Induced Polarization ("IP") results from 2022 Phase 1 exploration and commencement of a Phase 2 maiden drill program at the Catch property ("the Property") in Yukon. Primary copper-in-soil anomaly extended by 1.5 km to total of 5 km x 500 m, with multipleadditional target areas identified; Widespread copper mineralization observed at surface in the primary target area, with grab samples (figure 3) returning values including: 1.57% copper; 1.01% copper with 1.03 g/t gold; and 0.70% copper with 2.82 g/t gold;. IP surveys returned a 1,000 x 600 x 400 m chargeability and resistivity high coincident with high-grade surface samples (figures 4 & 5); Phase 2 maiden drill program at the Catch property has commenced, with up to 1,500 m of reverse circulation ("RC") drilling to test priority coincident geochemical and geophysical targets; and Outcrop sampling 1.5 km south of the primary target area returned 1.09% copper in an area that has seen minimal sampling.

Phase 1 exploration at Catch consisted of prospecting, mapping, soil sampling and geophysical surveys. A total of 50 rock samples and 359 soil samples were collected. 10.1 line-km of IP and 49.3 line-km of ground magnetics and very low frequency surveys were completed.

Broad-spaced soil sampling (100 x 500 m) extended the primary copper-in-soil anomaly by 1.5 km to the north, to a total of 5 km x 500 m in size. Additional areas of anomalous copper-in-soil were identified outside the main target area and provide compelling targets for Phase 2 prospecting work. Rock sampling extended areas of known mineralization at surface.

Hand pitting 100 m north of Trench 8 yielded a sample returning 1.16% copper. Follow-up sampling at Trench 9 yielded a sample returning 1.36% copper with 0.13 g/t gold. Sampling 135 m west of Trench 1 returned 1.01% copper with 1.03 g/t gold from a hand pit.

Sampling 50 m east of Trench 7 returned 1.57% copper. Apart from the follow-up sampling at Trench 9, all of these samples are from new mineral occurrences within the main target area, significantly extending known mineralization at surface. The primary anomaly area remains underexplored and numerous additional targets will be evaluated in Phase 2 work.

A separate copper-in-soil anomaly located 1.5 km south of the trenching area returned 1.09% copper from outcrop in an area that remains underexplored. This area and additional soil anomalies located further south and east will be evaluated in Phase 2 and future work. The IP survey returned an open ended (NW-SE), 1,000 x 600 x 400 m coincident chargeability and resistivity high coincident with the primary zone of copper-gold mineralization (figure 4 & 5).

This area lies within a moderate magnetic high and is immediately adjacent to a 1.5 x 1.2 km circular magnetic high (figure 6). Based on the highly encouraging results from this Phase 1 work, crews have recently returned to the Catch property to initiate a Phase 2 program, with additional prospecting, mapping and sampling underway. Crews and equipment are currently being mobilized to site for a maiden RC drill program, with drilling scheduled to begin in the coming days.

This property has never been drilled, and all targets represent new grassroots discoveries.