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NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

THE SECURITIES DESCRIBED IN THIS PRESS RELEASE HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMEN
--->DED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM REGISTRAT
--->ION REQUIREMENTS

TRANSATLANTIC MINING ANNOUNCES RECENT DEVELOPMENTS ON THE MONITOR PROPERTY, IDAHO

September 1, 2015 TSX Venture Exchange
 Trading Symbol: TCO 

Vancouver, British Columbia

Transatlantic Mining Corp (TSX.V: TCO) (the "Company") provides the following update on its operations in relation to 
--->the Richmond/Monitor Copper Gold Project, Idaho.

Amendment Agreement

The Company has entered into an agreement to extend the time within which it is required to incur certain expenditures
---> in order to earn an 80% interest in the Monitor Property, Idaho. Under the original Option and Joint Venture Agreemen
--->t with the property owners, the Company was required, among other things, to incur US$2,100,000 in expenditures on the
---> property, of which US $700,000 was required to be expended by February 22, 2014, US$700,000 was required to be expend
--->ed by February 22, 2015, and US$700,000 was required to be expended by February 22, 2016. By an amendment agreement wi
--->th the property owners, the Company's incurrence of the first US$700,000 in expenditures is acknowledged, the date by 
--->which the second US$700,000 is required to be expended has be extended to February 6, 2016 and the date by which the f
--->inal US$700,000 is required to be expended has been extended to February 5, 2017. As consideration for the extension, 
--->the Company has agreed to pay US$25,000 and issue to the property owners 1,500,000 common shares.

St. Lawrence Agreement 

The Company has entered into a lease agreement with the landowner of the St. Lawrence parcel of patented (private) lan
--->d on the Montana/Idaho border. The land is adjacent to the Richmond/Monitor project and will provide increased access 
--->to the old underground workings. The Company has been granted a permit to access these workings and plans to begin und
--->erground exploration in the coming weeks with a view to mining a 10,000 tonne parcel of ore for testing purposes, befo
--->re the end of 2015.

Under the lease agreement the landowner leases to the Company the St. Lawrence property, including all appurtenant min
--->ing, surface, access and other rights, for an initial term of 25 years with one option to renew for an additional 25 y
--->ears. As consideration, the landowner will receive 1,300,000 common shares of the Company and a 1% net smelter returns
---> (NSR) royalty from any production from all of the Monitor/Richmond project lease area. The landowner may terminate th
--->e lease after seven years if he has not received during that period NSR or equivalent cash payments totalling at least
---> US$150,000. The landowner may also terminate the lease after three years if the Company has not incurred by that time
---> at least US$100,000 in expenditures on the St. Lawrence property. The landowner will also receive an annual maintenan
--->ce fee of US$10,000 on each anniversary date of the agreement.

The Company considers the execution of this agreement to be significant, as it provides an accelerated path to explora
--->tion and development of the Richmond/Monitor project.

Drilling Update

The Company has completed the drilling of 14 holes in the Richmond /Monitor project area, and is now evaluating the da
--->ta obtained. The company expects to receive assays from this drilling in the coming weeks.

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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.