Transatlantic Mining Corp. announced initial drill results for the first phase of drilling at the Golden Jubilee Mine and associated claims in Granite County, Montana USA. The drilling confirms that the structure continues with new and recent results recorded down dip and along strike from the existing drillholes and mine development completed in 2014.

The following long section highlights the new intersections in concert with the existing mining and processing information undertaken at the Golden Jubilee Project. Drilling: The Company has in part completed its first drilling campaign into the Golden Jubilee deposit and is reporting five recent assay results. The Company is fully funded to complete this program and to also undertake follow up drill programs in the spring and summer of 2022.

The mineralization has been intersected down dip and along strike from previous intersections and the drill results provide sufficient encouragement to engage in further drilling. Exploration Permits have already been received and an addendum that will allow further holes to be drilled has been lodged. The gold mineralization intersected by the diamond drilling is within an iron rich replacement and sulphides zone and shear; along with associated quartz.

Some characteristics of the mineralization include:-The drilling intersections are shallow between 30 and 80 metres from surface. The contacts to the mineralization are in competent marbleised limestones. There is now evidence for multiple parallel mineralized structures.

Historical Drilling: Previous exploration drilling has included 37 holes drilled prior to 2013 where the gold mineralisation and vein had been observed to be approximately 2.5 m wide with an 80-degree dip. Enrichments and wider mineralisation widths have been observed on geological cross structures striking at an obtuse angle to the Red Lion vein trend.