Transatlantic Mining Corp. announced that following meeting the conditions of the initial term, it has now executed the first renewal term with an option to purchase by a mining royalty. The Company has also opened a new Winze Drive, with the first grab samples taken from the lowest level uncovered in the mine.

Pump continues in this Lower Level Winze Drive to determine the full length extent of the Winze. The Miller Gold Mine is located in the Broadwater County in the State of Montana, USA. The mine is approximately 29 miles to the North east of Townsend in Montana USA.

The presence of gold mineralization has been confirmed by recent sampling in areas of the mine where access is possible. Highlights. Miller Mine -Lower Level.

Opened up Lower Winze Level immediately below the Lower Level. First grab samples from Lower Level Winze 27.6 g/t Au, visual gold has also been observed. Extended Lease Agreement to first renewal term with option to purchase by production royalty.

Key components of the Activity: Transatlantic has near completed recovering a majority of the mud on the Miller Mine Lower Portal over the gravity table. With continued pumping, the mine has further uncovered a new Lower Winze Drive, previously under water. This development continues to be pumped to determine the full extent of this newly opened old development.

An initial set of 2 samples were taken on the initial accessible floor of this Lower Winze development with the following assay results received. Sample Number, width (m), g/t Au, g/t Ag, Elevation (metres), Type, Level, Vein, Quartz, 2.0, 0.25, 9.3, 1917, Rock Grab, Winze Drive, Miller Vein, Non Quartz, 2.0, 27.59, 14, 1917, Rock Grab ##, Winze Drive, MillerVein. width is estimated 70 % of drive width average (2.9 m) Fire Assay 30 g with gravimetric finish.5 kg grab from the drive floor.

Independent assay recorded 31.41 g/t Au. and 19 g/t Ag. No top cut applied.