10:15:05 EDT Thu 27 Jul 2017
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Transatlantic Mining Corp
Symbol C : TCO
Shares Issued 217,769,885
Close 2017-04-17 C$ 0.03
Recent Sedar Documents

Transatlantic Mining's Grant PEA not 43-101 compliant

2017-04-21 12:59 ET - News Release

Mr. Bernie Sostak reports

TRANSATLANTIC MINING CORP. NI 43-101 AND PRELIMINARY ECONOMIC ASSESSMENT REVIEW

As a result of a review by the British Columbia Securities Commission, Transatlantic Mining Corp. is issuing the following news release to clarify its disclosure. The review and disclosure are based on the National Instrument 43-101 and preliminary economic assessment report titled "The mineral resource and preliminary economic assessment at the U.S. Grant mine property, Virginia City, Madison county, Montana, U.S., dated Dec. 9, 2016."

The current technical report as stated is not compliant with the requirements of National Instrument 43-101, and investors should not rely on the results of the preliminary economic assessment until a compliant report is filed. The company and the qualified person are currently addressing the disclosure concerns with respect to historical estimates, exploration targets, project infrastructure economic analyses and recommendations, with an updated response and report to be issued shortly.

About Transatlantic Mining Corp.

Transatlantic Mining is an emerging precious and base metal explorer, developer and producer. The company has a focus on high-grade mining in stable mining jurisdictions. The company is engaged in controlling and owning mineral properties interests, such as an 80-per-cent earn-in option on the Monitor copper-gold project in Idaho.

In January, 2016, the company entered a lease/purchase option agreement on 100 per cent of the U.S. Grant gold-silver mine and mill complex in Montana, which has developed a concentrate within 12 months.

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