Transatlantic Mining to Commence Resource Drilling at Historic Miller Gold Mine, Montana
Transatlantic Mining Corp. (TSXV: TCO) has announced the commencement of resource definition drilling at its Miller Gold Mine project near Helena, Montana. The company has received drilling permits and plans to drill up to 3,000 meters this spring, targeting untested deeper zones with over 100 metres of strike and depth on the principal vein structure.
The Miller Gold Mine, located in Broadwater County, has a significant historical production record with an average recovered grade of 7.94 Oz/ton Au (248 g/t Au) and 4.65 Oz/ton Ag (145 g/t Ag). A historical drill hole below the lowest workings recorded 14.7 Oz/ton Au (516 g/t Au). The mineralization occurs in quartz veins within a quartz diorite stockwork, with discrete veins dipping 30 to 50 degrees. Recent grab samples from the Lower Winze Level yielded 27.6 g/t Au, with visible gold observed.
Transatlantic Mining Corp. (TSXV: TCO) ha annunciato l'inizio della perforazione per la definizione delle risorse nel suo progetto Miller Gold Mine vicino a Helena, Montana. L'azienda ha ricevuto i permessi di perforazione e prevede di perforare fino a 3.000 metri questa primavera, mirando a zone più profonde non testate con oltre 100 metri di estensione e profondità sulla struttura principale della vena.
La Miller Gold Mine, situata nella Contea di Broadwater, ha un significativo record di produzione storica con un grado medio recuperato di 7.94 Oz/ton Au (248 g/t Au) e 4.65 Oz/ton Ag (145 g/t Ag). Un foro di perforazione storico al di sotto dei lavori più bassi ha registrato 14.7 Oz/ton Au (516 g/t Au). La mineralizzazione si verifica in vene di quarzo all'interno di un stockwork di diorite quarzifera, con vene discrete che inclinano da 30 a 50 gradi. Recenti campioni prelevati dal Lower Winze Level hanno restituito 27.6 g/t Au, con oro visibile osservato.
Transatlantic Mining Corp. (TSXV: TCO) ha anunciado el inicio de la perforación para la definición de recursos en su proyecto Miller Gold Mine cerca de Helena, Montana. La compañía ha recibido permisos de perforación y planea perforar hasta 3,000 metros esta primavera, apuntando a zonas más profundas no probadas con más de 100 metros de extensión y profundidad en la estructura principal de la veta.
La Miller Gold Mine, ubicada en el Condado de Broadwater, tiene un significativo historial de producción con un grado promedio recuperado de 7.94 Oz/ton Au (248 g/t Au) y 4.65 Oz/ton Ag (145 g/t Ag). Un agujero de perforación histórico debajo de los trabajos más bajos registró 14.7 Oz/ton Au (516 g/t Au). La mineralización ocurre en vetas de cuarzo dentro de un stockwork de diorita cuarcífera, con vetas discretas que se inclinan de 30 a 50 grados. Muestras recientes tomadas del Lower Winze Level arrojaron 27.6 g/t Au, con oro visible observado.
Transatlantic Mining Corp. (TSXV: TCO)는 몬태나 주 헬레나 근처에 있는 밀러 금광 프로젝트에서 자원 정의 드릴링을 시작한다고 발표했습니다. 이 회사는 드릴링 허가를 받았으며, 이번 봄에 최대 3,000미터를 드릴링할 계획이며, 주요 광맥 구조에서 100미터 이상의 길이와 깊이를 가진 테스트되지 않은 깊은 구역을 목표로 하고 있습니다.
브로드워터 카운티에 위치한 밀러 금광은 평균 회수 등급이 7.94 Oz/ton Au (248 g/t Au) 및 4.65 Oz/ton Ag (145 g/t Ag)인 중요한 역사적 생산 기록을 보유하고 있습니다. 가장 낮은 작업 깊이 아래의 역사적 드릴 홀은 14.7 Oz/ton Au (516 g/t Au)를 기록했습니다. 광물화는 석영 디오라이트 스톡워크 내의 석영 vein에서 발생하며, 30도에서 50도 사이로 기울어진 개별 vein이 있습니다. 최근 Lower Winze Level에서 채취한 샘플은 27.6 g/t Au를 나타내었으며, 가시적인 금이 관찰되었습니다.
Transatlantic Mining Corp. (TSXV: TCO) a annoncé le début des forages de définition des ressources sur son projet de mine d'or Miller, près de Helena, Montana. L'entreprise a reçu des permis de forage et prévoit de forer jusqu'à 3 000 mètres ce printemps, ciblant des zones plus profondes non testées avec plus de 100 mètres de portée et de profondeur sur la structure principale de la veine.
La mine d'or Miller, située dans le comté de Broadwater, a un historique de production significatif avec un grade moyen récupéré de 7.94 Oz/ton Au (248 g/t Au) et 4.65 Oz/ton Ag (145 g/t Ag). Un trou de forage historique en dessous des travaux les plus bas a enregistré 14.7 Oz/ton Au (516 g/t Au). La minéralisation se produit dans des veines de quartz au sein d'un stockwork de diorite quartzique, avec des veines discrètes inclinées de 30 à 50 degrés. Des échantillons récents prélevés au niveau inférieur de Winze ont donné 27.6 g/t Au, avec de l'or visible observé.
Transatlantic Mining Corp. (TSXV: TCO) hat den Beginn der Ressourcendefinierungsbohrungen in ihrem Miller Gold Mine-Projekt in der Nähe von Helena, Montana, angekündigt. Das Unternehmen hat Bohrgenehmigungen erhalten und plant, in diesem Frühjahr bis zu 3.000 Meter zu bohren, wobei ungetestete tiefere Zonen mit über 100 Metern Ausdehnung und Tiefe in der Hauptaderstruktur angestrebt werden.
Die Miller Gold Mine, die sich im Broadwater County befindet, hat eine bedeutende historische Produktionsbilanz mit einem durchschnittlichen Rückgewinnungsgrad von 7.94 Oz/ton Au (248 g/t Au) und 4.65 Oz/ton Ag (145 g/t Ag). Ein historisches Bohrloch unterhalb der tiefsten Arbeiten verzeichnete 14.7 Oz/ton Au (516 g/t Au). Die Mineralisierung tritt in Quarzadern innerhalb eines Quarz-Diorit-Stocks auf, wobei diskrete Adern in einem Winkel von 30 bis 50 Grad geneigt sind. Jüngste Grabproben aus dem Lower Winze Level ergaben 27.6 g/t Au, wobei sichtbares Gold beobachtet wurde.
- Historical high-grade production of 7.94 Oz/ton Au (248 g/t Au)
- Recent grab samples showing 27.6 g/t Au with visible gold
- Historical drill hole yielded 14.7 Oz/ton Au (516 g/t Au)
- Secured drill permit for 3,000-meter spring campaign
- None.
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Transatlantic Mining Corp. (TSXV: TCO) (the "Company") is pleased to announce the company will commence resource definition drilling on its Miller Gold Mine project near Helena, Montana, USA.
Transatlantic has received its drill permit for the Miller Mine and plans to drill down dip of the historic lower levels to over 100 metres of strike and depth on the principal vein structure. The ground conditions are envisaged to be good where the old workings have been open. Transatlantic plans to drill up to 3,000 meters this spring targeting the untested deeper zones as per Figure 1 below.
Results from the assay laboratories are expected from 6 to 8 weeks after the drill campaign and geological evaluation is completed.
Figure 1 - Miller Mine Resource Drilling Target Areas
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4652/242046_eea9034f34437beb_001full.jpge
Webinar: Transatlantic CEO Bernie Sostak will host an interactive webinar discussing the company's drill program and future plans:
February 25, 2025 at 11:00am ET
Register in advance for this meeting from this link:
https://us02web.zoom.us/meeting/register/bOCrGpR3SHuxb2HduamsZw
The Miller Gold Mine is located in Broadwater County, Montana, USA. The mine is approximately 29 miles northeast of Townsend, Montana USA. The presence of gold mineralization has been confirmed by previous sampling in accessible areas of the mine. Transatlantic is earning into the historic Miller Gold property by means of a gold production royalty.
A historical report on the Miller Mine notes that gold bearing ore was mined on a small scale by individual owners with sporadic production between 1901 and 1948. The mine is being re-accessed by Transatlantic to review existing ground conditions and infrastructure.
Located at the top end of the Confederate Gulch, near what is now a ghost town in Diamond City with a once population of 10,000 people, placer gold was abundant in this Gulch.
Miller had an average historical recovered grade mined of 7.94 Oz /ton Au (248 g/t Au ) and 4.65 Oz /ton Ag ( 145 g/t Ag)
Historical Hole #1 was drilled 300 feet below the lowest recorded workings and recorded a grade of 14.7 Oz /ton Au (516 g/t Au)
The Miller Mine mineralization occurs in quartz veins within, and on the contact, of a quartz diorite stockwork. The discrete veins dip 30 to 50 degrees whilst the stockwork has multiple veinlets that range in width from a few cms to 2 metres. The contact zone of alteration has been noted as over 15 m wide ( 50 feet ). Mining has been undertaken on both an open cut and underground methodology near surface. The mine areas is at an elevation of 2,000 m (6650 Feet).
Highlights of previous sampling (see news release dated June 14, 2023) include:
Miller Mine -Lower Level
- Opened up unsurveyed Lower Winze Level immediately below the Lower Level.
- First grab samples from Lower Winze Level include 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.
Transatlantic CEO, Bernie Sostak, said, "We are excited to be following up on the initial favourable rock sample program , historical high-grade drilling and production. The upcoming season of drilling and sampling will aid us in determining the continuity along strike an down dip efficiently."
About the Miller Mine and Claim Group:
Transatlantic has access to the Upper and Lower Level of the mine. The Miller Mine is situated amongst patented and unpatented claims at an elevation of 1920 m (6,400 feet) and accessible by roads 50 miles from Helena, Montana USA. Should mining occur at any time, an
The gold and silver mineralization generally occurs on the contacts of sediments and igneous intrusive with native gold and sulphides including electrum and pyrite often observed amongst the 4 known adits located on the property.
Qualified Person and NI 43-101 Disclosure
Aslam Awan PhD MAusIMM (CP Geo) is the Qualified Person pursuant to National Instrument 43-101 for having reviewed, only the technical information contained in this news release. Mr. Awan is the Principal for AAA Geo Consultants.
QA/QC and Core Sampling Protocols
(*)The rock chip samples are grabs from the winze level drive of 5 kg in weight. The samples were crushed in whole to plus
About Transatlantic Mining Corp.
Transatlantic Mining (TSX-V: TCO) is an emerging precious and base metal explorer. The Company has a focus on converting projects into mines within stable mining jurisdictions. The Company currently has property interests including an
ON BEHALF OF THE BOARD OF DIRECTORS
" Bernie Sostak"
For more information contact
eeinarson@transatlanticminingcorp.com
604-614-8469
Register for Webinar, February 25, 2025 at 11:00am ET
https://us02web.zoom.us/meeting/register/bOCrGpR3SHuxb2HduamsZw
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242046
FAQ
What are the historical gold grades from the Miller Mine (TSXV: TCO)?
How many meters will Transatlantic Mining drill at the Miller Gold Mine in spring 2025?
What were the recent sampling results from Miller Mine's Lower Winze Level?
Where is the Miller Gold Mine located and what is its geological structure?
