Transatlantic completes drill program at Monitor
2023-10-20 10:53 ET - News Release
Mr. Bernie Sostak reports
2023 DRILLING COMPLETED AT THE MONITOR PROJECTS - BIG ELK COPPER PROSPECT
Transatlantic Mining Corp. has completed its maiden exploration drill program on the Big Elk prospect within the greater Monitor copper-gold project. Fourteen diamond drill holes were completed to test copper anomalism found on earlier surface geological reconnaissance.
Additional surface outcrop sampling has been undertaken recently.
The Monitor copper-gold project straddles the Montana and Idaho border, approximately five miles south of Taft Idaho, United States.
About the Monitor claim group
Transatlantic has a drill permit to drill at the Monitor copper-gold project where historical mine grades of up to 15 per cent copper (Cu) and eight grams per tonne (g/t) gold (Au) were achieved. Surface samples with grades of up to 30 per cent copper have also been reported previously.
"The initial drilling has been completed on the Big Elk prospect, as we now undertake further geological assessment and prepare for 2024 programs," commented Bernie Sostak, chief executive officer of Transatlantic Mining.
Review by a qualified person
Dr. Aslam Awan, PhD, MAusIMM (CP Geo), is the qualified person pursuant to National Instrument 43-101, and has reviewed only the technical information contained in this news release. Mr. Awan is the principal for AAA Geo Consultants.
About Transatlantic Mining Corp.
Transatlantic Mining is an emerging precious and base metal explorer. The company has a focus on converting projects into mines within stable mining jurisdictions. The company currently has property interests, including an 80-per-cent joint venture position on the Monitor copper-gold project in Montana-Idaho (U.S.) and 100 per cent of the Golden Jubilee gold project with its associated mining rights. The company has an extended lease, right to mine and purchase arrangement for the Miller gold mine in Montana to 100-per-cent ownership, by way of payment royalty.