OVERVIEW
Transatlantic is an emerging metal explorer and developer with focus on high grade and high margin ore deposits to operate and mine. The Company is engaged in the acquisition and exploration of mineral property interests such as the Golden Jubilee and Miller Mine Gold Property and the Monitor Copper/Gold Property. Shareholder value is driven through development and expansion of existing assets, together with selective investments and future earning accretive acquisitions.
LOCATION
Golden Jubilee Gold – The Golden Jubilee Property is located in Granite County, Montana, 20 kilometers from the township of Phillipsburg. The property lies on the famous Red Lion corridor.
Miller Mine Gold – The Miller Mine Property is located in Broadwater County, Montana, 30 kilometers from the township of Helena. The property and surrounding was known for its high grade Placer gold and veins.
Monitor Copper/Gold – The Monitor Project is located along the eastern extension of North Idaho’s Coeur dÁlene Mining District which has historically produced in excess of 1.2+ B ounces of silver, 8.3M tons of lead, 3.3M tons of zinc, 207,000 tons of copper and 529,000 ounces of gold. The Coeur dÁlene district is the second largest producer of silver in the world within a mining friendly jurisdiction.
PROPERTY STRATEGY
Golden Jubilee
• Secure and finance development of the existing mine development openings
• Surface and underground drilling to develop and upgrade mineral resource
• Exploration through mine development and target drilling to increase mine life
• Strategic district review for long term sustainable mining
Miller Mine
• Secure and finance development of the existing mine development openings
• Surface and underground drilling to develop and upgrade mineral resource
• Exploration through mine development and target drilling to increase mine life
• Strategic district review for long term sustainable mining
Monitor Copper/Gold
• Surface Mapping and geological reconnaissance
• Open historical adits and target a 10,000 tonne metallurgical mine parcel
• Surface and Underground drilling
• Develop and estimate a mineral resource
• Finance/Permit
• Feasibility
THE GOLDEN JUBILEE PROJECT
The Golden Jubilee Mine Property is a project on un patented ground that includes at least 2 known high grade gold veins. Transatlantic Mining Corp has a Purchase Agreement that includes a total purchase price of 0.5 M USD and underlying production royalty of $ 3.0 M USD payable in instalments . The Property includes a historical gold mine that reported high grades and the Company is looking to expand on this known gold mineralisation with modern methods and evaluation.
THE MILLER MINE PROJECT
The Miller Mine Property is a project on a combination of patented and unpatented ground that includes a known high grade gold vein with a large low grade halo. Transatlantic Mining Corp has a Purchase Agreement that includes a total purchase price and production royalty of $ 3.5 M USD payable in instalments . The Property includes a historical gold mine that reported high grades and the Company is looking to expand on this known gold mineralisation. The Company is looking to expand on this known mineralisation with modern methods and evaluation.
THE MONITOR PROJECT
The Monitor Vein and the Richmond Vein are the two of the major copper-gold ore veins that have been historically mined to the 1920’s. This is considered the primary production target on the Monitor Property. In concert with the new geology model applied, there is a strong preferential structural trend to host and test targets including the Big Elk Project along the Copper Corridor.
• All the mineral deposits lie within the tenement claims within the Copper Corridor that will be systematically explored and developed to an operating mine.
• There were no historical drillholes into the veins and emphasis is now placed on drilling further the projections from the known and previously mined ores.
PLANNED EXPLORATION
• Transatlantic Mining has planned drilling from surface and underground to develop mineral resources on all of the properties.
• Drilling is designed to test the underground and lateral extensions of the veins and will follow up on new targets developed on the property.
• The surface drill program along with planned geophysical programs will explore and test new or unmined areas of the current known high grade veins positions.
THE COMPANY
The Company is focused on generating a new resource for the Projects in the near term. It will continue to develop and evaluate the Projects and any future earning accretive mineral and mining opportunities.