Mr. Rob Tindall reports

TRANSATLANTIC MINING ANNOUNCES CLOSING OF GNAWEEDA PROPERTY DISPOSITION

Transatlantic Mining Corp. has closed the disposition of its Gnaweeda property, having received TSX Venture Exchange approval for the transaction. The company has previously received a deposit of $5,000 (Australian) and will receive a further $495,000 (Australian) upon closing. Under the terms of the disposition agreement, the company will receive a further $500,000 (Australian) upon establishment of a Joint Ore Reserves Committee-compliant mineral resource of at least 150,000 ounces of gold, and $250,000 (Australian) for every consecutive 50,000 ounces of poured gold sourced from the property, capped at 200,000 ounces of poured gold for a total of $1-million (Australian).