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Drilling Recommences at Golden Jubilee Gold Project
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2022) - Transatlantic Mining Cor...
About this update from Transatlantic Mining Corp.
[{"type":"text","content":"Drilling Recommences at Golden Jubilee Gold ProjectVancouver, British Columbia--(Newsfile Corp. - September 16, 2022) - Transatlantic Mining Corp. (TSXV: TCO) (the \"Company\") is pleased to 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.September 2022 Drilling Set UpFigure 1: Reverse Circulation Drilling Rig Set up to drill Golden Jubilee VeinTo view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/4652/137538_9c9ace0c04e8ab2c_001full.jpgAbout Golden JubileeThe 22 Golden Jubilee claims (Figure 2) are situated in Granite County, Montana USA and have had a number of previous owners. There has been only limited exploration and mining on a vein located on the Red Lion Line, which is a structure known to continue over a regional strike of 7 km in length. The Golden Jubilee Mine is located in mountainous country at an elevation of approximately 2,350 m. Figure 2: Plan View and Area with new Geophysical Ground data captureTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4652/137538_rfigureii.jpgThe Geophysical lines include Induced Polarisation and Resistivity lines on 50 m spacing with 5,300 line metres now completed. This is currently being analysed for geological responses over the property.Drilling The following long section (Figure 3) highlights the intersections obtained from historical drilling as well as the drilling undertaken in March 2022 at the Golden Jubilee Project.Figure 3: Long Section looking North West on Golden Jubilee VeinTo view an enhanced version of Figure 3, please visit:https://images.newsfilecorp.com/files/4652/137538_figureiii.jpgThe Company has recommenced its first drilling campaign into the Golden Jubilee deposit after reporting fi...