Atacama Resources International, Inc. Acquires 100% Interest in Atacama 3 Property Near Macassa Mine; Announces 2026 Exploration Plans Ready to Announce with Confidence?
Orlando, Florida--(Newsfile Corp. - February 26, 2026) - Atacama Resources International, Inc. (OTCID: ACRL) (the "Company") announces the acquisition of a 100% interest in the Atacama 3 mineral property, located approximately 16 kilometres (10 miles) south of Kirkland Lake, Ontario.
The 255-hectare (approximately 630-acre) property is situated approximately 2.5 miles from the Macassa Mine operated by Agnico Eagle Mines Limited, which has historically been a significant contributor to gold production in the Kirkland Lake area. The property lies within the same regional structural corridor as the Macassa operation, including the major fault system that trends through the district.
Management believes the property's location within an established mining district enhances its exploration potential.
Property Background
Atacama 3 consists of 13 contiguous mining claims with year-round road access in the Abitibi Greenstone Belt of northeastern Ontario. Historical drilling conducted between 2006 and 2007 included 15 drill holes totaling approximately 1,780 metres. Historical reported mineralization was associated with shear structures and quartz veining typical of the broader district.
2026 Exploration Plans
Previous exploration has identified priority targets, providing a basis for additional evaluation. Drilling permits were previously granted, and management expects any required renewals to be routine, subject to regulatory processes.
Surface stripping and channel sampling have been completed. Drilling targets have been established and will be further refined following completion of additional geophysical work. Planned activities may include:
Strategic Focus
The Company's interest in Atacama 3 is driven by its strategic location within a structurally active corridor near existing mining infrastructure and does not represent defined mineral resources or economic viability.
Management's objective is to apply modern exploration techniques to systematically evaluate the property's potential while maintaining disciplined capital deployment.
About Atacama Resources International, Inc.
Atacama Resources International, Inc. (OTCID: ACRL) is a mineral exploration company focused on acquiring and evaluating early-stage mineral properties in established mining jurisdictions. The Company's strategy is centered on disciplined project assessment and responsible advancement.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on such statements. The Company undertakes no obligation to update forward-looking statements except as required by law.
For Further Information, Please Contact:
Atacama Resources International, Inc.
Greg Praver - Chief Operating Officer
gpraver@acrlintl.com | 770-733-3017 | acrlintl.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285416
Source: Atacama Resources International Inc.
Analyst, journalist, or company stakeholder? Sign up to receive news releases by email for Atacama Resources International Inc. or all companies in the Mining and Metals industry.
Atacama Resources International, Inc. Acquires 100% Interest in Atacama 3 Property Near Macassa Mine; Announces 2026 Exploration Plans
2026-02-26 8:32 AM EST
Atacama Resources International (ACRL) Announces Revocation of the Cease Trade Order
2026-02-02 8:00 AM EST
Atacama Resources Intl. Announces Significant Gold & Base Metal Potential at Tannahill Property, Kirkland Lake Gold Camp
2025-01-28 9:30 AM EST
Jul 29, 2025
Here’s what we’ve learned from over 200,000 regulatory filings—and how you can apply it: For the 200+ Canadian companies also listed in the United States, the stakes for regulatory compliance have never been higher. A single filing error can trigger significant stock price volatility and lead to major financial and reputational damage. SEDAR+ and EDGAR process thousands of filings every day. In just its first three months, SEDAR+ handled over 30,000 disclosures. EDGAR, meanwhile, processes...
Economy, Business and Finance
Metal and Mineral
Mining
Mining and Metals