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Transatlantic Mining Corporation Enters into Second Renewal Term Regarding Lease to Purchase Kearsarge Group
Transatlantic Mining Corporation Enters into Second Renewal Term Regarding Lease to Purcha...
About this update from Transatlantic Mining Corp.
[{"type":"text","content":"\n\n\n\nTransatlantic Mining Corporation Enters into Second Renewal Term Regarding Lease to Purchase Kearsarge Group\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Aug. 1, 2019\n\n\n\nVANCOUVER, Aug. 1, 2019 /CNW/ - Transatlantic Mining Corp. (the \"Company\") (TCO:TSX.V) is pleased to announce that it has elected to exercise its second renewal term for up to 10 years of the exclusive agreement to lease and purchase the Kearsarge Claim Group (\"KCG\") in Madison County in the State of Montana, USA after due diligence work completed including recent drilling results of 20 m at 8.64 g/t Au (True width 11.9 m at 8.64 g/t Au-News Release 2019-03-11) .  These claims are approximately 6 miles from the US Grant mine and mill complex purchased by Transatlantic Mining Corp and add to the consolidation strategy of the district that Transatlantic is undertaking. \nKey components of the transaction:\nA Second Renewal term of ten (10) years following the expiry of the First Renewal Term for consideration of US$100,000 per year until Trans...