- Transatlantic Mining (TSXV:TCO) sampled bonanza-grade copper up to 36.1 per cent on its Monitor project, which is located about 8 kilometres south of Taft, Idaho
- Transatlantic Mining is a junior precious and base metal miner in the United States
- Transatlantic Mining stock has added 11.11 per cent year-over-year and 100 per cent since 2020
Transatlantic Mining (TSXV:TCO) sampled bonanza-grade copper on its Monitor copper-gold project, which is located about 8 kilometres south of Taft, Idaho.
This content has been prepared as part of a partnership with Transatlantic Mining Corp., and is intended for informational purposes only.
Surface samples at the Big Elk prospect returned an outcrop sample of 36.1 per cent copper over 2.6 metres, as well as a gossanous sample of 6.6 per cent copper, while underground samples at the Anvil prospect show a system of multiple copper fissure veins.
Additionally, an initial 1,100 metres of drilling across 14 drillholes intersected historical workings and validated the geometry of known mineralized structures, granting the company a firm foundation for future exploration targets.
Transatlantic’s 80-per-cent-owned Monitor project, last operating in 1910, houses four historic copper mines that produced a collective 1,500 tons of copper-gold-silver-bearing ore at an average grade of 15 per cent copper. The project is located along the eastern portion of Idaho’s Coeur d’Alene mining district, which has yielded more than 1.2 billion ounces of silver, 8.3 million tons of lead, 3.3 million tons of zinc, 207,000 tons of copper and 529,000 ounces of gold to date.
Leadership insights
“We are very pleased with the successful outcomes of our exploration at Big Elk, which has confirmed our geological understanding and the presence of copper mineralization,” Bernie Sostak, Transatlantic Mining’s chief executive officer, stated in Monday’s news release. “Our initial magnetic survey results and new Lidar data are providing compelling insights, supporting delineation of fissure veins and offering a clearer picture of the historical workings. This comprehensive information, covering both Big Elk and Anvil, is actively being integrated into an updated NI 43-101 report for the Monitor project, positioning us strongly for our next targeted drill campaign and the discovery of additional veins within the claim package.”
About Transatlantic Mining
Transatlantic Mining is a junior precious and base metal miner in the United States. Besides its flagship Monitor project, the company is earning into the high-grade, past-producing Miller gold property and wholly owns the Golden Jubilee gold project, both in Montana.
Transatlantic Mining stock (TSXV:TCO) is unchanged trading at C$0.10. The stock has added 11.11 per cent year-over-year and 100 per cent since 2020.
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