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Transatlantic Mining's exploration drilling confirms continuation of mineralization

Last updated: 08:08 03 Nov 2017 EDT, First published: 04:08 03 Nov 2017 EDT

Gold hammer
Mill head grade samples from the material assayed 2.4 grams per tonne gold and 126.8 grams per tonne silver

Transatlantic Mining Corp (TSX-V:TCO) is taking things to a whole new level on its US Grant asset in Madison County, Montana.

The company has released the final results for the trial concentrate obtained from test-work on a bulk sample from the US Grant mine, and the portents are good.

The company said exploration below the third level of the mine confirmed the continuation of gold/silver-bearing sulphide mineralization below any previous mining at the property.

The vein at this depth appears consistent with what has been mined from the third level to surface, and also indicates that the veins at the mine and in the surrounding district continue to a greater depth than previously tested.

This is further supported by the mapping of sulphides in the floor of the fourth level, Transatlantic Mining.

Further mining will occur in the future after development to the area drilled and reported in January, 2017, has been completed.

Development of a new underground mining access, called the Sherman decline, has commenced.

The Sherman decline will be used to access the newly drilled and as yet unmined Sherman vein, an offset and extension of the US Grant vein.

The decline will be driven rapidly with modern trackless gear to enable subsequent development of the Sherman vein to obtain a bulk sample. The portal development is complete, and a ramp is planned to access the first sub-level of the vein mineralization.

After the secondary escape-way and initial vein exploration are completed, the mining of this mineralized zone will continue to the extent of the current drilling.

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