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Transatlantic Mining Corp.
Summary
| Project: | US Grant Mine | |
|---|---|---|
| Deposit: | US Grant Mine | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 4/21/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-4-2017: Transatlantic Mining Corp. announces a PEA report for its US Grant Mine deposit at the US Grant Mine project. As a result of review, current PEA technical report is not NI 43-101 compliant. Transatlantic Mining Corp. (the “Company”) (TCO:TSX.V) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Transatlantic Mining Corp. (the “Company”) (TCO:TSX.V) As a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. The review and disclosure is based on the NI 43-101 and PEA report titled “The Mineral Resource and Preliminary Economic Assessment at the US Grant Mine Property, Virginia City, Madison County, Montana, USA dated 9 December 2016. The current technical report as stated is not compliant with the requirements of NI 43-101 and that investors should not rely on the results of the preliminary economic assessment until a compliant report is filed. The Company and the Qualified Person are currently addressing the disclosure concerns with respect to Historical Estimates, Exploration Targets, Project Infrastructure Economic Analyses and Recommendations with an updated response and report to be issued shortly. | |
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