Transatlantic Announces Maiden Technical Report And Exploration Target For Monitor Copper Gold Project
| Vein System | Tonnage (tonnes) | Copper (%) | Silver (g/t) | Gold (g/t) |
| Monitor | 550,000 - 1,300,000 | 1.5 - 2.5 | 3.5 - 7.5 | 0.8 - 4.2 |
| Richmond | 550,000 - 1,400,000 | 1.2 - 2.0 | 4.0 - 8.7 | 1.0 - 5.5 |
| Big Elk | 70,000 - 190,000 | 2.0 - 3.5 | 3.0 - 6.5 | 1.5 - 3.5 |
The Exploration Target is based on mapped structure lengths from surface workings and historical reports (Monitor: 488m, Richmond: 1,158m, Big Elk: 305m), documented vein widths from the 1923 Hershey and Umpleby geological reports, and down-dip extensions to 550 meters vertical depth. Historical mining reached approximately 180 meters depth before operations ceased in the 1920s. Grade ranges are scaled down from historical production grades to reflect broader zones of mineralization. Vein widths range from 1.2 to 4.6 meters based on historical reports. The exploration target assumes discontinuous mineralization along mapped vein structures, consistent with copper-siderite vein systems elsewhere in the district.
Project Location and Infrastructure
The Monitor Project is located in the Coeur d'Alene Mining District, where mining has been conducted continuously since the 1880s to early 1900's. The great fire of the 1910's damaged major infrastructure at that time. The project has road access and is situated in a region with experienced mining contractors and infrastructure to support exploration and potential future operations.
Strategic Development Approach
Transatlantic has developed a phased exploration strategy that prioritizes cost-effective underground evaluation over expensive surface drilling in mountainous terrain. The Company's 2015 assessment confirmed the St. Lawrence tunnel remains structurally sound in part to 120 meters, providing direct access to drill the undrilled Monitor vein systems at depth.
Three-Phase Exploration Program:
Phase 1 - Underground Exploration: Rehabilitation of existing underground workings, systematic channel sampling and mapping, underground drilling, and an option for the collection of a 10,000-tonne bulk metallurgical sample. This phase will provide high-quality geological data while generating material for comprehensive metallurgical testing.
Phase 2 - Property-Scale Surveys: Detailed geological mapping, geophysical surveys (magnetic and IP/resistivity), and petrophysical analysis to identify additional targets and refine the geological model.
Phase 3 - Targeted Surface Drilling: Surface drill programs will be designed based on underground results, focusing on down-plunge extensions and potential stratiform mineralization in the underlying Revett Formation.
Exploration by Transatlantic (2013-2024)
Table 2: Completed Exploration Activities
| Year | Activity | Laboratory |
| 2013 | 159 soil samples | American Analytical |
| 2013-2014 | Geological mapping and Monitor adit assessment | American Analytical/ALS Reno |
| 2015 | 5 diamond drill holes (Richmond area) | American Analytical |
| 2015 | St. Lawrence Tunnel sampling and assessment | American Analytical |
| 2023 | 14 HQ drill holes | Chris Christofferson Lab |
| 2023 | Big Elk rock and channel sampling | Chris Christofferson Lab |
| 2024 | Ground magnetic geophysical survey | Not applicable |
| 2024 | Anvil Tunnel sampling | American Analytical |
Next Steps
The Company is advancing permitting for underground rehabilitation and underground drill planning. Management will provide updates as milestones are achieved.
Qualified Person
The technical information in this news release has been reviewed and approved by Zachary J. Black, SME-RM, Ethos Geological as an Independant Qualified Person as defined under NI 43-101
About Transatlantic Mining Corp.
Transatlantic Mining Corp. (TSXV: TCO) is a precious and base metals explorer focused on advancing projects toward production in established mining jurisdictions. The Company holds an 80% interest in the Monitor Copper Project (Idaho/Montana), 100% of the Golden Jubilee Gold Project, and rights to the Miller Gold Mine in Montana. The Company emphasizes cost-effective exploration strategies and partnerships that align with its development-focused approach.
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable securities legislation. Forward-looking statements relate to future events or future performance and reflect Company management's expectations or beliefs regarding future events including the potential for mineralization, future exploration programs, timing of exploration activities, and the ability to obtain financing. These statements are based on assumptions and involve risks and uncertainties. Actual results may differ materially from those anticipated in these forward-looking statements due to various factors including changes in economic conditions, regulatory changes, and availability of financing. The Company undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
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