# Transatlantic Mining Corporation- New Kearsarge Permit.

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/transatlantic-mining-corporation-new-kearsarge-permit--661726a2-05ef-4e6c-ab84-363524da10f7

Original source: https://money.tmx.com/en/quote/TCO/news/6794821600936747/transatlantic-mining-corporation-new-kearsarge-permit

Publisher: tmx

Original announcement: 2018-10-18T23:14:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Transatlantic Mining Corp.

- Ticker: TCO

- Exchange: TSX

- Region: Montana, USA

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Permitting

- Extracted: 2026-09-13 03:12:58 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Transatlantic Mining Corp. has received a permit to advance drilling and bulk sampling at the Kearsarge Gold Project in Montana. The company plans to use new drilling to validate historical high-grade intercepts and support a future mineral resource estimate and PEA.

Reasoning: The announcement of a new permit to advance the Kearsarge Gold Project is a positive development, though the highlighted drill grades are historical restatements rather than new results.

- Positive factor: New permit received to advance drilling and bulk sampling

- Positive factor: High-grade historical intercepts reported

- Positive factor: True widths disclosed for historical intercepts

- Positive factor: QA/QC and QP sign-off mentioned

- Negative factor: Drill results are historical restatements, not new assays

Facts used in scoring: 6

## Classification and evidence

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Historical drillhole grades include true width measurements.

Evidence · text

> True width 5.9 m

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions QA/QC was undertaken by independent labs and includes assay checks.

Evidence · text

> QA/QC was undertaken by various Independent Commercial Labs

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: KS-01 reports 60.27 g/t Au, which is exceptionally high.

Evidence · text

> 60.27 g/t Au

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### 70-1-94

[Link to this fact](https://atlas-extractions.minestarters.com/news/transatlantic-mining-corporation-new-kearsarge-permit--661726a2-05ef-4e6c-ab84-363524da10f7#fact-drill-facts-0)

Kearsarge · gold

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: 70-1-94
- Project: Kearsarge
- Commodity: gold
- Region: usa\_mt
- Reported Region: usa\_mt
- Ticker: TCO

#### Geometry

- Grade: 31.15
- Grade Unit: g/t
- Intercept: 5.9 m
- True Width: 5.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: 70-1-94:null
- Mining Method: underground

#### Location

- Location: Big Vein
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Analytical Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2018-03-01T00:00:00.000Z

#### Dates

- Event date: 2018-10-18T00:00:00.000Z

Reasoning: 31.15 g/t Au over 5.9m is a strong historical intercept with true width stated.

- Positive factor: High grade intercept

- Positive factor: True width disclosed

- Negative factor: Historical data

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.9

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Company has also entered a lease \(option to purchase\) agreement on 100% of the Kearsarge Gold project in Montana , l"

### 70-3-94

[Link to this fact](https://atlas-extractions.minestarters.com/news/transatlantic-mining-corporation-new-kearsarge-permit--661726a2-05ef-4e6c-ab84-363524da10f7#fact-drill-facts-1)

Kearsarge · gold

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: 70-3-94
- Project: Kearsarge
- Commodity: gold
- Region: usa\_mt
- Reported Region: usa\_mt
- Ticker: TCO

#### Geometry

- Grade: 48.23
- Grade Unit: g/t
- Intercept: 7.5 m
- True Width: 6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: 70-3-94:null
- Mining Method: underground

#### Location

- Location: Big Vein
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Analytical Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2018-03-01T00:00:00.000Z

#### Dates

- Event date: 2018-10-18T00:00:00.000Z

Reasoning: 48.23 g/t Au over 7.5m is a very strong historical intercept.

- Positive factor: High grade intercept

- Positive factor: True width disclosed

- Negative factor: Historical data

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Company has also entered a lease \(option to purchase\) agreement on 100% of the Kearsarge Gold project in Montana , l"

### KS-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/transatlantic-mining-corporation-new-kearsarge-permit--661726a2-05ef-4e6c-ab84-363524da10f7#fact-drill-facts-2)

Kearsarge · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: KS-01
- Project: Kearsarge
- Commodity: gold
- Region: usa\_mt
- Reported Region: usa\_mt
- Ticker: TCO

#### Geometry

- Grade: 60.27
- Grade Unit: g/t
- Intercept: 5 m
- True Width: 4.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: KS-01:null
- Mining Method: underground

#### Location

- Location: Big Vein
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Analytical Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2018-03-01T00:00:00.000Z

#### Dates

- Event date: 2018-10-18T00:00:00.000Z

Reasoning: 60.27 g/t Au is an exceptional grade intercept.

- Positive factor: Bonanza intercept

- Positive factor: True width disclosed

- Negative factor: Historical data

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 4.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Company has also entered a lease \(option to purchase\) agreement on 100% of the Kearsarge Gold project in Montana , l"

### UGKS-9-94

[Link to this fact](https://atlas-extractions.minestarters.com/news/transatlantic-mining-corporation-new-kearsarge-permit--661726a2-05ef-4e6c-ab84-363524da10f7#fact-drill-facts-3)

Kearsarge · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: UGKS-9-94
- Project: Kearsarge
- Commodity: gold
- Region: usa\_mt
- Reported Region: usa\_mt
- Ticker: TCO

#### Geometry

- Grade: 35.26
- Grade Unit: g/t
- Intercept: 3.3 m
- True Width: 1.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: UGKS-9-94:null
- Mining Method: underground

#### Location

- Location: Kearsarge Vein
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Analytical Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2018-03-01T00:00:00.000Z

#### Dates

- Event date: 2018-10-18T00:00:00.000Z

Reasoning: 35.26 g/t Au is a strong historical intercept.

- Positive factor: High grade intercept

- Positive factor: True width disclosed

- Negative factor: Historical data

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Company has also entered a lease \(option to purchase\) agreement on 100% of the Kearsarge Gold project in Montana , l"

### 96-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/transatlantic-mining-corporation-new-kearsarge-permit--661726a2-05ef-4e6c-ab84-363524da10f7#fact-drill-facts-4)

Kearsarge · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 96-2
- Project: Kearsarge
- Commodity: gold
- Region: usa\_mt
- Reported Region: usa\_mt
- Ticker: TCO

#### Geometry

- Grade: 30.47
- Grade Unit: g/t
- Intercept: 1.3 m
- True Width: 1.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: 96-2:null
- Mining Method: underground

#### Location

- Location: Kearsarge Vein
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Analytical Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2018-03-01T00:00:00.000Z

#### Dates

- Event date: 2018-10-18T00:00:00.000Z

Reasoning: 30.47 g/t Au is a strong historical intercept.

- Positive factor: High grade intercept

- Positive factor: True width disclosed

- Negative factor: Historical data

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Company has also entered a lease \(option to purchase\) agreement on 100% of the Kearsarge Gold project in Montana , l"

### KS-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/transatlantic-mining-corporation-new-kearsarge-permit--661726a2-05ef-4e6c-ab84-363524da10f7#fact-drill-facts-5)

Kearsarge · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: KS-02
- Project: Kearsarge
- Commodity: gold
- Region: usa\_mt
- Reported Region: usa\_mt
- Ticker: TCO

#### Geometry

- Grade: 10.23
- Grade Unit: g/t
- Intercept: 3.3 m
- True Width: 2.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: KS-02:null
- Mining Method: underground

#### Location

- Location: Kearsarge Vein
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: American Analytical Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2018-03-01T00:00:00.000Z

#### Dates

- Event date: 2018-10-18T00:00:00.000Z

Reasoning: 10.23 g/t Au is a moderate historical intercept.

- Positive factor: True width disclosed

- Negative factor: Historical data

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Company has also entered a lease \(option to purchase\) agreement on 100% of the Kearsarge Gold project in Montana , l"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
