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The latest update is out from Transatlantic Mining ( (TSE:TCO) ).
Transatlantic Mining Corp. has received a permit from the United States Forest Service to conduct additional drilling and dewatering activities at its Golden Jubilee project in Montana. This new phase of exploration aims to test the down dip extension and plunge of the main zone of mineralization, as well as a new geophysical offset target. The permit allows for up to 1,000 metres of drilling, which could enhance the project’s gold-bearing potential and impact future gold endowment. The company’s CEO, Bernie Sostak, expressed optimism about the potential to add significant gold ounces to their deposit model.
More about Transatlantic Mining
Transatlantic Mining Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company’s primary focus is on gold mining, with significant operations at the Golden Jubilee project in Granite County, Montana.
Average Trading Volume: 83,925
Technical Sentiment Signal: Buy
Current Market Cap: C$12.56M
See more data about TCO stock on TipRanks’ Stock Analysis page.