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File: Gnaweeda News Release AUG16.docx


TRANSATLANTIC MINING TO RECEIVE $500,000 FROM GNAWEEDA SALE AGREEMENT

1st August 2016 TSX Venture Exchange
 Trading Symbol: TCO 

Vancouver, British Columbia

Transatlantic Mining to receive $500,000 AUD from Gnaweeda Sale Agreement  Transatlantic Mining Corp. (TSX-v: TCO) ("T
--->CO") is pleased to provide the following update.  Persuant to the Sale Agreement with Doray Minerals on the Sale Agree
--->ment of Gnaweeda Gold Project TCO will receive $500,000 Australian Dollars. 
On the 24th July Doray Minerals announced a maiden JORC resource in excess of 150,000 ounces. Under the sale agreement
---> this triggered a payment of $500,000 to TCO.
About Transatlantic Mining Corp.
Transatlantic Mining Corp. is a mineral exploration company focused on becoming the next high grade metal producer. Th
--->e Company's holdings include the lease and option agreement on the US Grant Gold/Silver project and 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 (+61 457 999 094).
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.