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Transaction Announcement Reports
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Project: | Kearsarge | |
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Deposit: | Kearsarge | |
Location: | United States | |
Commodities: | Gold | |
Date: | 3/2/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 2-3-2018: Transatlantic Mining Corp. announces an Exploration/Drilling Update report for its Kearsarge deposit at the Kearsarge project. Unreported historical drill hole intersections data. TCO NEWS RELEASE-VANCOUVER, B.C., March 2, 2018 – Transatlantic M | |
Resources: | x | |
CP/QP: | [Overall Report]: Aslam Awan (AAA Geo Geo Consultants) | |
ABSTRACT: | TCO NEWS RELEASE-VANCOUVER, B.C., March 2, 2018 – Transatlantic Mining Corp. (the “Company”) (TCO:TSX.V) is pleased to announce that further due diligence is being undertaken on the Kearsarge Gold Project on which TCO has acquired an exclusive option to purchase. During this due diligence a number of drill hole intersections have been discovered which have gone unreported. These drill holes reveal mineralized intersections in the vicinity of the historical mine workings and the associated assay data have not all been used in the previous “historical resource estimates”. There are also a large number of drill holes and other geological information which are being further assessed but is not contained in this current release. This main area of focus has a large low grade halo between the 2 nominated veins within a 45 m wide shear zone. A large number of drillholes have been identified in the area of focus that have not been used in the historical resource estimates, and because they were drilled after the estimate was completed. The “area of focus” is one kilometre long (3000 feet) within a highly prospective lineament of 3 kilometres (9000 feet) as shown in Figure 1: | |
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