Monday, February 13, 2023 1:08:03 PM
2.Transatlantic Mining (TSXV:TCO) Company Profile
Weekly gain: 89.47 percent; current share price: C$0.18; market cap: C$15.6 million Transatlantic Mining is a gold and copper exploration company with three projects, all of which are in the US. Its two gold projects, Golden Jubilee and the Miller mine, are in Montana, while its copper-gold project Monitor is in Idaho. Much of last year's exploration focused on Golden Jubilee, but the company has begun this year with work at the small-scale, past-producing Miller mine. Transatlantic is earning into Miller with a gold royalty and is reviewing its condition and infrastructure. On January 30, the company announced that it is currently clearing mud and dewatering the existing mine. The mud it has removed was passed over a gravity table, revealing visible gold. The company shared that these results have encouraged it to continue processing the mud it removes from Miller for gold.
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