Transatlantic Mining Corp. announce it will recommence drilling at the Golden Jubilee Mine and associated claims in Granite County, Montana USA. This drill program will follow on from an initial set of drilling results from a program undertaken earlier this year and announced in March 2022.

The program will comprise of a total of 2,000 metres of drilling which will target the mineralized structure down dip and along strike from the existing drillholes and mine development. In addition, geophysics field work of 5,300 line metres has already been completed on the property. This is currently being interpreted and analysed with the objective of identifying new drill targets.

The Company has recommenced its first drilling campaign into the Golden Jubilee deposit after reporting five assay results in March 2022, including Hole 1611 10.7 metres at 9.9 g/t Au (including 3.7 m at 18.46 g/t Au). The Company is fully funded to complete this program with an additional 2,000 metres planned to be drilled. The mineralization has been interpreted down dip and along strike from previous intersections and the assay results provide sufficient encouragement to engage in further drilling.

Exploration Permits have been received to allow further holes to be drilled once this 2,000m is complete. The gold mineralization intersected by the diamond drilling is within an iron rich replacement and sulphides zone and shear; along with associated quartz. Some characteristics of the mineralization include:- The drilling intersections are shallow between 30 and 80 metres from surface.

The contacts to the mineralization are in competent marbleised limestones. There is new evidence for multiple parallel mineralized structures.