Atacama Pacific Receives Payment from Gold Fields Subsidiary

TORONTO, ONTARIO--(Marketwired - April 6, 2017) - Atacama Pacific Gold Corporation (TSX VENTURE:ATM) ("Atacama Pacific") announces that it has received a US$1.8 million payment from a subsidiary of Gold Fields Limited ("Gold Fields") related to the sale of water assets in northern Chile. Under the terms of the 2013 agreement with Gold Fields, Atacama Pacific received a payment of US$60,000 per litre/second ("l/s") of water for the 30.6 l/s approved by the Chilean water authority for use by Gold Fields. A further 12.7 l/s of water are available for permitting; however, there are no assurances that further permits will be forthcoming.