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File: draft nr03.02.15 v2-clean.docx






TRANSATLANTIC MINING UPDATES MANAGEMENT CHANGES, MALI PAYMENT AND FINANCING

**THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES**

March 2nd, 2015 TSX Venture Exchange
 Trading Symbol: TCO 

Vancouver, British Columbia

Transatlantic Mining Corp (TSX.V: TCO) (the "Company") announces the following.

Changes in Management

The Company is pleased to announce that Steve Hodgson has joined the Board of Directors as an independent director. St
--->eve is currently the Director of Marketing at United Company RUSAL PLC ("RUSAL"), a position he has held since Septemb
--->er 2012, and International Sales Director of RUSAL, a position he has held since June 2010. He was previously head of 
--->RUSAL's representative office in Australia from 2006, and also served as Chief Executive and President of Rio Tinto Al
--->can's Bauxite & Alumina Division from 2008.

Property Payment

As previously announced, the Company is owed CA$1,000,000 plus interest as a result of the vendor's termination of the
---> Company's proposed Mali acquisition. That payment was not made when due, on January 14, 2015, and the Company is curr
--->ently evaluating its alternatives for legal recourse.

Private Placement

The Company is continuing with its efforts to raise up to CA$4,000,000 by the previously announced private placement s
--->ale of up to 40,000,000 common shares at CAD 0.10. That placement remains subject to the approval of the Exchange.
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About Transatlantic Mining Corp

Transatlantic Mining Corp. is a mineral exploration company focused on becoming the next diversified industrial metal 
--->producer. The Company's holdings include an option to earn an 80% interest in AMCOR's Monitor Copper, Gold and Silver 
--->project in the Coeur D'Alene Mining District in Idaho.

For further information contact Rob Tindall at (604) 424 8257.

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.