Transatlantic Obtains Permit for Additional Drilling, Dewatering at Golden Jubilee Project, Montana
Transatlantic Mining Corp. (TSXV: TCO) has secured a permit from the United States Forrest Service for new drilling and dewatering operations at its Golden Jubilee project in Montana, valid through December 1, 2025. The company plans to drill up to 1,000 metres across 2-4 holes to depths of 300 metres.
The program follows successful 2023 drilling results that confirmed mineralization continuation, including notable intersections of 9.1 metres at 7.8 g/t Au and 6.1 metres at 13.1 g/t Au. The new campaign will explore down dip extension, mineralization plunge, and an untested geophysical offset target. The permit also allows for mine dewatering and exploration survey activities.
Transatlantic Mining Corp. (TSXV: TCO) ha ottenuto un permesso dal United States Forest Service per nuove operazioni di trivellazione e drenaggio presso il suo progetto Golden Jubilee nel Montana, valido fino al 1掳 dicembre 2025. La societ脿 intende perforare fino a 1.000 metri distribuiti su 2-4 fori con profondit脿 fino a 300 metri.
Il programma segue i positivi risultati del 2023 che hanno confermato la prosecuzione della mineralizzazione, con intersezioni significative come 9,1 metri a 7,8 g/t Au e 6,1 metri a 13,1 g/t Au. La nuova campagna esplorer脿 l'estensione in profondit脿 (down-dip), l'inclinazione della mineralizzazione e un bersaglio non testato derivante da dati geofisici. Il permesso consente inoltre attivit脿 di dewatering della miniera e indagini esplorative.
Transatlantic Mining Corp. (TSXV: TCO) ha obtenido un permiso del United States Forest Service para nuevas labores de perforaci贸n y desag眉e en su proyecto Golden Jubilee en Montana, v谩lido hasta el 1 de diciembre de 2025. La compa帽铆a planea perforar hasta 1.000 metros en 2-4 pozos hasta profundidades de 300 metros.
El programa sigue a los exitosos resultados de perforaci贸n de 2023 que confirmaron la continuidad de la mineralizaci贸n, incluyendo intersecciones destacadas de 9,1 metros a 7,8 g/t Au y 6,1 metros a 13,1 g/t Au. La nueva campa帽a investigar谩 la extensi贸n hacia el manto (down dip), la inclinaci贸n de la mineralizaci贸n y un objetivo por desplazamiento geof铆sico a煤n sin probar. El permiso tambi茅n permite desag眉e de mina y actividades de prospecci贸n.
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鞚措矆 頂勲攴鸽灗鞚� 2023雲勳潣 靹标车鞝侅澑 鞁滌稊 瓴瓣臣毳� 鞛囯姅 瓴冹溂搿�, 9.1氙疙劙 甑皠鞐愳劀 7.8 g/t Au, 6.1氙疙劙鞐愳劀 13.1 g/t Au 霌� 甏戫檾 歆�靻嶌潉 頇曥澑頃� 欤检殧 甑愳皑甑皠鞚� 韽暔頃╇媹雼�. 靸� 旌犿帢鞚胳潃 頃橅枼 鞐办灔(雼れ毚霐�), 甏戫檾鞚� 瓴届偓 氚� 氙戈瞼歃� 歆�甑毽暀鞝� 鞓ろ攧靺� 氇╉憸毳� 韮愳偓頃� 鞓堨爼鞛呺媹雼�. 項堦皜電� 霕愴暅 甏戩偘 氚办垬 氚� 韮愳偓 臁办偓 頇滊彊鞚� 項堨毄頃╇媹雼�.
Transatlantic Mining Corp. (TSXV: TCO) a obtenu un permis du United States Forest Service pour de nouvelles op茅rations de forage et de drainage sur son projet Golden Jubilee dans le Montana, valable jusqu'au 1er d茅cembre 2025. La soci茅t茅 pr茅voit de forer jusqu'脿 1 000 m猫tres r茅partis sur 2 脿 4 trous 脿 des profondeurs allant jusqu'脿 300 m猫tres.
Le programme fait suite aux r茅sultats de forage positifs de 2023 qui ont confirm茅 la continuit茅 de la min茅ralisation, avec des intersections notables de 9,1 m猫tres 脿 7,8 g/t Au et 6,1 m猫tres 脿 13,1 g/t Au. La nouvelle campagne explorera l'extension en profondeur (down dip), la pente de la min茅ralisation et une cible d'offset g茅ophysique encore non test茅e. Le permis autorise 茅galement le drainage de la mine et les activit茅s d'enqu锚te exploratoire.
Transatlantic Mining Corp. (TSXV: TCO) hat eine Genehmigung des United States Forest Service f眉r neue Bohr- und Entw盲sserungsarbeiten an seinem Golden Jubilee-Projekt in Montana erhalten; sie gilt bis zum 1. Dezember 2025. Das Unternehmen plant, bis zu 1.000 Meter auf 2鈥�4 Bohrl枚cher bis zu einer Tiefe von 300 Metern abzubohren.
Das Programm folgt auf erfolgreiche Bohrresultate von 2023, die eine Fortsetzung der Mineralisierung best盲tigten, darunter auff盲llige Abschnitte von 9,1 Meter bei 7,8 g/t Au und 6,1 Meter bei 13,1 g/t Au. Die neue Kampagne soll die Abtiefung (down dip), das Gef盲lle der Mineralisierung und ein ungetestetes geophysikalisches Versatzziel erkunden. Die Genehmigung umfasst au脽erdem Bergentw盲sserung und explorative Untersuchungen.
- Permit secured for new drilling and dewatering operations through December 2025
- Previous drilling results showed high-grade gold mineralization with up to 13.1 g/t Au
- Potential to expand gold resources through testing of new geophysical offset target
- Successful 2023 program confirmed mineralization continuation down dip and along strike
- Limited drilling scope of only 1,000 metres compared to previous 2,000 metres program
- Permit duration restricted to December 1, 2025
Vancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - Transatlantic Mining Corp. (TSXV: TCO) (the "Company") is pleased to announce the company has received its permit from the United States Forrest Service for new drilling and dewatering at its Golden Jubilee project, located in Granite County, Montana. The permit is approved to December 1, 2025.
Previous drilling by Transatlantic at the Golden Jubilee Mine announced on , consisted of 10 reverse circulation holes for a total of 2,000 metres (m). The results from this drilling program confirmed that the mineralized structure continues down dip and along strike from mineralization which has either been mined previously or delineated by earlier drilling.
The 2025 follow-up program will further test the down dip extension and plunge of the main zone of mineralization.
It will also test a geophysical offset target that has not been drilled before. Additionally the permit allows for Transatlantic to dewater the mine and survey it for further exploration potential. The current plan envisages for Transatlantic to drill up to 1,000 metres in 2 to 4 holes to moderately shallow depths of 300 metres.
"After the last successful program in 2023, we're excited to test further of the down dip and plunge of this main zone of high-grade gold mineralization with the potential to add ounces of gold to our envisioned deposit model," said Bernie Sostak, CEO of Transatlantic. "There is also the potential to test the geophysical offset as a discovery and additional parallel mineralized zones at Golden Jubilee. This could have significant impact on the overall gold-bearing potential and future gold endowment."
Webinar:
Transatlantic CEO Bernie Sostak will host an interactive webinar discussing the company's exploration programs and future plans on Wednesday, September 10, 2025, at 9:00 am PT. Register in advance for this meeting via the following link:
Highlights from the News Release - program:
Drillhole # 2201 - 9.1 metres at 7.8 g/t Au from 64 metres depth (8.0 m true width) (Including 1.5 metres at 16.11 g/t Au) 6.1 metres at 6.86 g/t Au from 86.9 metres depth ( 5.5 m true width)
Drillhole # 2203 - 6.1 metres at 13.1 g/t Au from 111.3 metres depth (6.0 m true width) (Including 3.0 metres at 17.3 g/t Au)
The following long section (Figure 1) illustrates the 2023 intersections juxtaposed against existing drill results as well as the processing results from earlier mining campaigns undertaken at the Golden Jubilee Mine.
Figure 1: Long Section looking Northwest on Golden Jubilee Structure
To view an enhanced version of this graphic, please visit:
About Golden Jubilee
The 22 Golden Jubilee claims are situated in Granite County, Montana USA and have had a number of previous owners. There has been only limited exploration and mining on the regional Red Lion (vein) Line trend, which is known to continue over a regional strike of 7 km in length. The Golden Jubilee Mine is located in mountainous country at an elevation of approximately 2,350 m.
Historical Production
Although some mining occurred prior to the year 2000, there are limited production records in existence.
| Drillhole Number | From (m) | To (m) | Length (m) | Downhole Length (m) | True Width (m) | g/t Au | Vein |
| GJB_RC_2201 | 64 | 73.2 | 9.1 | 9.1 | 8 | 7.78 | New Vein |
| Includes 1.5 m at 16.11 g/t Au | |||||||
| 82.3 | 86.9 | 4.6 | 4.6 | 4.3 | 6.05 | New Vein | |
| 86.9 | 93 | 6.1 | 6.1 | 5.5 | 6.86 | New Vein | |
| 182.9 | 184.4 | 1.5 | 1.5 | 1.3 | 4.7 | New Vein | |
| 219.5 | 221 | 1.5 | 1.5 | 1.3 | 6.51 | New Vein | |
| 237.7 | 240.8 | 3 | 3 | 3 | 3.34 | Golden Jubilee Vein | |
| GJB_RC_2202 | NSI | No significant Intersection | |||||
| GJB_RC_2203 | 111.3 | 117.3 | 6.1 | 6.1 | 6 | 13.13 | Golden Jubilee Vein |
| Includes 3 m at 17.3 g/t Au | |||||||
| GJB_RC_2204 | NSI | No significant Intersection | |||||
| GJB_RC_2205 | VOID | Not sampled, = Void | |||||
| GJB_RC_2206 | VOID | Not sampled =Void | |||||
| GJB_RC_2207 | Not sampled | ||||||
| GJB_RC_2208 | NSI | Exploration Hole | |||||
| GJB_RC_2209 | NSI | Exploration Hole | |||||
| GJB_RC_2210 | NSI | Exploration Hole |
Table 1: Golden Jubilee Drilling Results Long Section
Review by Qualified Person (Note Table 1 )
Aslam Awan PhD MAusIMM (CP Geo) is the Qualified Person pursuant to National Instrument 43-101 for having reviewed, only the technical information and approved as such contained in this news release. Mr. Awan is the Principal for AAA GeoConsultants :
(*)The reverse circulation drill samples were crushed in whole to plus 70 % passing 2 mm and then split and pulverised with analysis for gold and silver at the Christofferson Laboratory, Smelterville, Idaho USA. The Laboratory is an independent assay and umpire laboratory that follows industry techniques with blanks and standards inserted on batches of 25. The samples being pulverised and analysed with a 15 to 30 gram fire assay charge and a gravimetric finish. True widths were estimated based on the dip cross section width of the mineralisation at 1.0 g/t Au cutoff ( Table 1). Additional historical holes drilled and assayed are also on Figure 1. The Company also adds a standard to determine any assay bias.
About Transatlantic Mining Corp.
Transatlantic Mining (TSXV: TCO) 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 holds property interests including an
Cautionary Statement Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These forward-looking statements include, but are not limited to, statements regarding the Company's future exploration plans, geophysical programs, and the potential for mineralization. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks associated with the exploration and development of mineral properties, the Company's ability to obtain necessary permits, and the availability of financing. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.
For further information, please contact: Bernie Sostak: [email protected] , +61 (0) 439 904 044
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
FAQ
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