TRANSATLANTIC MINING: DRILLING TO COMMENCE AT THE MONITOR PROJECTS BIG ELK COPPER PROSPECT
Transatlantic Mining Corp. has mobilized a diamond drill rig to its Monitor copper-gold project. The inaugural plan is to drill up to 1,000 metres of diamond core to test the copper anomalism found on earlier surface geological reconnaissance. Grades of up to 30 per cent copper at the nearby Big Elk prospect have previously been reported near surface.
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 in place to commence drilling activities at the Big Elk prospect as part of its joint venture agreement within the greater Monitor copper-gold project.
"No drilling has been completed on the Big Elk prospect historically, and, with copper anomalism on the surface, the company looks forward to its maiden drill program to test the depth and strike extents of its surface copper expression," commented Bernie Sostak, chief executive officer of Transatlantic Mining.
Review by qualified person
Dr. Aslam Awan, PhD, MAusIMM (CP Geo), is the qualified person pursuant to National Instrument 43-101 for having reviewed only the technical information contained in this news release. Dr. Awan is the principal for AAA Geo Consultants.
About Transatlantic Mining Corp.
Transatlantic Mining is an emerging precious metal 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 (United States) 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. |
