VANCOUVER, March 5, 2014 /CNW/ - Transatlantic Mining Corp (TSX.V: TCO) ("Transatlantic") is pleased to announce that Coffey International ("Coffey") recently
conducted a successful site visit to the Ansongo Manganese Project for
the purpose of gathering initial data for a National Instrument 43-101
Compliant Report and to assist with planning the data collection
required for an initial Mineral Resource estimate. Validation surface
rock sampling was undertaken at two of the three known deposits,
Takavasita and Agaula. Laboratory analytical results confirmed the
presence of high grade manganese mineralisation assaying up to 51% Mn.
Fourteen of the 20 samples collected contained >30% Mn and averaged
41.2% Mn, 2.67% Fe, 8.18% SiO2, 9.81% Al2O3 and 0.129% P.
Results from Surface Sampling at Ansongo
Twenty surface rock samples, representative of mineralisation visited by
Coffey were collected from two of the known deposits at the Ansongo
Manganese Project. Sampling was concentrated over mineralisation on
Hill D at the Takavasita Deposit. Hill D is one of eight mineralised
hills intermittently exposed over a 3km NNW trending strike which make
up the Takavasita Deposit. Diamond drilling and reverse circulation
percussion drilling have been planned at Hill D to collect data for use
in an initial NI43-101 compliant mineral resource estimate. Eighteen
surface rock samples were collected from Hill D with another two
samples collected from the Agaula Hills Deposit approximately 13km to
the west. Samples were delivered in sealed bags to the ALS laboratory
in Johannesburg where they were prepared for an extensive multi element
assay suite. The results of selected major elements are summarised in
the following table.
|
Locality
|
SAMPLES
|
MnO (%)
|
Mn(%)
|
Fe2O3 (%)
|
Fe (%)
|
P (%)
|
Al2O3 (%)
|
SiO2 (%)
|
|
Takavasita
|
WPT 27
|
23.40
|
18.12
|
4.81
|
3.36
|
0.04
|
15.30
|
43.90
|
|
Takavasita
|
WPT 28
|
45.20
|
35.01
|
5.08
|
3.55
|
0.10
|
12.80
|
12.95
|
|
Takavasita
|
WPT 29
|
63.90
|
49.49
|
2.05
|
1.43
|
0.16
|
4.93
|
4.15
|
|
Takavasita
|
WPT 30
|
35.60
|
27.57
|
3.79
|
2.65
|
0.10
|
10.35
|
34.50
|
|
Takavasita
|
WPT 31
|
52.30
|
40.50
|
3.25
|
2.27
|
0.13
|
12.25
|
7.44
|
|
Takavasita
|
WPT 32
|
52.40
|
40.58
|
3.77
|
2.64
|
0.13
|
11.25
|
8.48
|
|
Takavasita
|
WPT 33
|
54.90
|
42.52
|
3.40
|
2.38
|
0.10
|
8.88
|
8.69
|
|
Takavasita
|
WPT 34
|
55.80
|
43.22
|
5.21
|
3.64
|
0.15
|
7.99
|
4.89
|
|
Takavasita
|
PWT 35
|
51.20
|
39.65
|
3.82
|
2.67
|
0.13
|
12.65
|
9.13
|
|
Takavasita
|
WPT 36
|
56.50
|
43.76
|
4.02
|
2.81
|
0.17
|
6.44
|
4.95
|
|
Takavasita
|
WPT 37
|
31.10
|
24.09
|
5.30
|
3.71
|
0.07
|
20.00
|
22.30
|
|
Takavasita
|
WPT 38
|
65.80
|
50.96
|
2.11
|
1.48
|
0.16
|
3.82
|
2.59
|
|
Takavasita
|
WPT 39
|
41.10
|
31.83
|
6.16
|
4.31
|
0.10
|
15.30
|
14.45
|
|
Takavasita
|
WPT 40
|
26.40
|
20.45
|
5.14
|
3.59
|
0.08
|
14.35
|
42.60
|
|
Takavasita
|
WPT 41
|
48.80
|
37.79
|
3.14
|
2.20
|
0.12
|
13.00
|
10.60
|
|
Takavasita
|
WPT 42
|
48.20
|
37.33
|
4.08
|
2.85
|
0.08
|
11.70
|
10.25
|
|
Agaula
|
WPT 43
|
32.50
|
25.17
|
5.33
|
3.73
|
0.07
|
10.15
|
39.80
|
|
Agaula
|
WPT 44
|
63.90
|
49.49
|
2.56
|
1.79
|
0.17
|
2.67
|
3.92
|
|
Takavasita
|
WPT 48
|
44.80
|
34.70
|
4.89
|
3.42
|
0.10
|
13.60
|
12.00
|
|
Takavasita
|
WPT 50
|
24.70
|
19.13
|
6.96
|
4.87
|
0.05
|
14.50
|
42.90
|
|
Average
|
|
45.93
|
35.57
|
4.24
|
2.97
|
0.11
|
11.10
|
17.02
|
Fourteen of the 20 samples collected contained greater than 30% Mn and
averaged 41.2% Mn, 2.67% Fe, 8.18% SiO2, 9.81% Al2O3 and 0.129% P.
Nine of the samples contained greater than 40% Mn and averaged 44.46 %
Mn, 2.35 % Fe, 6.03 % SiO2, 7.88% Al2O3 and 0.14% P.
About Transatlantic Mining Corp
Transatlantic Mining Corp. is a mineral exploration company focused on
becoming the next diversified industrial metal producer. The Company's
holdings include an 88% interest, in the Gnaweeda Gold Project in
Western Australia, an option to earn an 80% interest in AMCOR's Monitor
Copper, Gold and Silver project in the Coeur D'Alene Mining District in
Idaho and an option to earn up to 70% of the Ansongo Manganese Project
in Mali, West Africa.
The exploration results reported here have been compiled by Mr P Mazzoni
who is a professional geologist with over 40 years experience in the
minerals industry. He is employed as Principal Audits Geologist at
Coffey. Mr Mazzoni hold a Masters degree in Geology from Queens
University-Ontario, is a Fellow of the Australasian Institute of Mining
and Metallurgy, holds Chartered Professional status from that body and
is a Member of the Society of Economic Geologists. Mr Mazzoni
personally collected the samples which are being reported and has the
relevant qualifications and experience to be considered a Qualified
Person as defined in NI43-101.
On behalf of the
Board of Transatlantic Mining Corp.
(signed)
Aidan Nania
Director and CEO
SOURCE Transatlantic Mining Corp.
Image with caption: "Manganese stockpiles at the Takavasita Deposit with Hill D and Hill E (right) in background (CNW Group/Transatlantic Mining Corp.)". Image available at: http://photos.newswire.ca/images/download/20140305_C9477_PHOTO_EN_37611.jpg
Image with caption: "Ansongo Mn Project Takavasita Hill D Validation Rock Sampling WGS84 UTM 31N (CNW Group/Transatlantic Mining Corp.)". Image available at: http://photos.newswire.ca/images/download/20140305_C9477_PHOTO_EN_37612.jpg
Contact Transatlantic Mining Corp. at (604) 424-8257