Mr. Graham Downs reports

ATAC FILES PRELIMINARY ECONOMIC ASSESSMENT NI 43-101 TECHNICAL REPORT FOR THE TIGER DEPOSIT - YUKON, CANADA

Atac Resources Ltd. has completed and filed a positive preliminary economic assessment for the oxide portion of the Tiger deposit located at the western end of the company's 100-per-cent-owned Rackla gold project in Yukon.

A summary of the results from the preliminary economic assessment was announced on July 23, 2014. The report titled, "Preliminary Economic Assessment NI 43-101 Technical Report on the Tiger Gold Project, Yukon Territory, Canada," is filed on SEDAR and can be viewed at SEDAR under the Atac profile or on Atac's website.

The independent technical report was prepared by Kappes Cassiday & Associates, Tetra Tech Inc., Giroux Consultants Ltd., Resource Strategies and Dr. Gerald G. Carlson, PhD, PEng, all of whom are independent qualified persons as defined by National Instrument 43-101.

As a matter of record, Atac also reports that a typographical error was contained in the economic results and sensitivities summary table comprising part of the July 23, 2014, preliminary economic assessment summary news release. In the $1,100 (U.S.) per ounce column of the table, the after-tax cumulative net cash flow should have read $26.3-million, not $10.4-million as originally reported.

Qualified persons

The independent qualified persons responsible for preparing the Tiger deposit preliminary economic assessment are Dan Kappes, PEng of KCA; Dr. Sabry Abdel Hafez, PhD, PEng, of Tetra Tech; Gary Giroux, MASc, PEng, of Giroux Consultants Ltd.; Rob McIntyre, RET, of Resource Strategies; and Dr. Gerald G. Carlson, PhD, PEng, an independent consultant. All of the aforementioned qualified persons have reviewed and approved the contents of this news release.

Robert C. Carne, MSc, PGeo, the president and a director of Atac Resources, is the company's designated qualified person for this news release within the meaning of NI 43-101 and has reviewed and validated that the information contained in the release is consistent with that provided by the independent qualified persons responsible for the positive preliminary economic assessment.

We seek Safe Harbor.