Transatlantic Mining Corp. announced assay results from the most recent drilling program. The drilling at the Golden Jubilee Mine consisted of 10 reverse circulation holes for a total of 2000 m. This mine is located in Granite County, Montana, USA.

The results from this drilling program confirm that the mineralized structure continues down dip and along strike from mineralization which has either been mined previously or delineated by earlier drilling. The Company has completed its inaugural drilling campaign into the Golden Jubilee deposit and is reporting the available assay results from the 10 holes drilled. The Company was fully funded to complete this program and has funds available to undertake follow up additional work.

The mineralization has been intersected down dip and along strike of existing drill holes and underground workings. There is also further evidence that there are an additional two mineralized zones in the footwall and hanging wall of the targeted Golden Jubilee mineralized structure. These outcomes provide encouragement to undertake more drilling in order to follow up on several geophysical targets which indicate that the mineralized structure extends for up to an additional one kilometre of strike.

New exploration drill permits will be sought to facilitate this drilling. The Company is also evaluating the current water and operating permits with the relevant government departments. The gold mineralization intersected by the reverse circulation drilling is associated with a shear hosted iron quartz, sulphide rich replacement zone; Some characteristics of the mineralization and drill program include: Drilling indicates that it is shallow, between 30 and 240 metres from surface.

The contacts to the mineralization are in competent marbleised limestones. The mineralized zones are visibly distinct It occurs in multiple parallel mineralized structures.