Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Transatlantic Mining ( (TSE:TCO) ) just unveiled an update.
Transatlantic Mining has secured an extension of its exploration permit for the Golden Jubilee gold project in Granite County, Montana, with U.S. authorities approving the plan of operations through Dec. 31, 2026. The extended permit allows the company to restart drilling and dewatering work that was delayed in late 2025 due to winter conditions, enabling up to 1,000 metres of drilling in two to four holes to test down-dip extensions and new geophysical targets.
The 2026 program is designed to follow up on high-grade gold intercepts reported from the 2023 campaign, which included multiple multi-gram-per-tonne intervals over several metres. By testing potential extensions and offsets that could more than double the known strike length and by gaining access underground via dewatering, Transatlantic aims to better define the scale of mineralization at Golden Jubilee and potentially enhance the project’s overall gold-bearing potential for future development.
More about Transatlantic Mining
Transatlantic Mining Corp. is an emerging precious and base metals exploration company listed on the TSX Venture Exchange under the symbol TCO. The company focuses on advancing exploration-stage projects toward production, with a portfolio that includes the Golden Jubilee gold project in Granite County, Montana, where it is targeting high-grade gold mineralization along a regional vein trend.
Average Trading Volume: 100,382
Technical Sentiment Signal: Sell
Current Market Cap: C$5.63M
See more data about TCO stock on TipRanks’ Stock Analysis page.