TCO.V · 2018-03-02 12:00:00

Transatlantic Mining Corporation Kearsarge Drilling Update.

Exploration Programs

Transatlantic Mining Corp. | Suite 800 | 1199 West Hastings Street | Vancouver | Canada V6E 3T5

T 604-424 8257 | F 604-357 1139| www.transatlanticminingcorp.com

TCO NEWS RELEASE-VANCOUVER, B.C., March 2, 2018 – Transatlantic Mining Corp. (the “Company”) (TCO:TSX.V) is

pleased to announce that further due diligence is being undertaken on the Kearsarge Gold Project on which TCO has acquired an

exclusive option to purchase. During this due diligence a number of drill hole intersections have been discovered which have gone

unreported. These drill holes reveal mineralized intersections in the vicinity of the historical mine workings and the associated assay

data have not all been used in the previous “historical resource estimates” . There are also a large number of drill holes and other

geological information which are being further assessed but is not contained in this current release. This main area of focus has a

large low grade halo between the 2 nominated veins within a 45 m wide shear zone.

Highlights

• Historical drilling on The Kearsarge and Big Vein indicate they are highly mineralised

• Big Vein Highlighted drillhole grades (**) :

Hole # 70 -1-94 5.9 metres (17.6 feet ) at 31.15 g/t Au (1.0 Oz/t Au)- True width 5.9 m

70 -3-94 7.5 metres (22.6 feet ) at 48.23 g/t Au (1.55 Oz/t Au)- True width 6.0 m

* KS-01 5.0 metres (15.0 feet ) at 60.27 g/t Au (1.94 Oz/t Au)- True width 4.3 m

• Kearsarge Vein highlighted drillhole grades(**) :

Hole # UGKS-9-94 3.3 metres (9.8 feet ) at 35.26 g/t Au (1.13 Oz/t Au) -True width 1.6 m

96-2 1.3 metres (4.0 feet ) at 30.47 g/t Au (0.98 Oz/t Au)- True width 1.3 m

* KS-02 3.3 metres (10.0 feet )at 10.23 g/t Au (0.33 Oz/t Au)- True width 2.7 m

• Drilling intersections indicate the veins are open along strike and down dip in a multi vein shear zone

A large number of drillholes have been identified in the area of focus that have not been used in the historical resource estimates,

and because they were drilled after the estimate was completed. The “area of focus” is one kilometre long (3000 feet) within a highly

prospective lineament of 3 kilometres (9000 feet) as shown in Figure 1:

Figure 1: Kearsarge Leases including Initial Area of Focus

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Both The Kearsarge and Big Vein are within a larger shear system. This shear system includes additional lower grade mineralisation

in the area between the Kearsarge and the Big Vein up to 45 metres in width combined. The dip of the veins are 70 degrees, and

were mined largely during the period between 1862 and 1903, but more recently some minor development took place between 1998

to 2001.

The long section in Figure 2 shows pierce points on The Kearsarge Vein and Big Veins. It can be seen that Big Vein intersections

are more frequent than those on the Kearsarge Vein and this is due to the drillholes being drilled through the Big Vein but stopping

short prior to intersecting the plane of the Kearsarge Vein as demonstrated also in plan view for Figure 1.

Figure 2: Summary Pierce Points on The Kearsarge and Big Veins Long Section ( ** from Table 1)

Further due diligence is being conducted and extended on the property towards establishing a new mineral resource based on this

data, along with the quality control reports analysis that are both in progress and being undertaken now .1

CEO Bernie Sostak commented,

“The historical drilling to date at the Kearsarge Gold Project highlights opportunity for additional mineralisation open at depth,

along strike and in parallel veins. With drilling being shallow, there is further scope to drill and develop the project further. This

bodes well for developing a new mineral resource estimate and additional exploration drilling campaigns for growth.”

Aslam Awan PhD is the Qualified Person pursuant to National Instrument 43-101 responsible for having reviewed and approved,

the technical information contained in this news release. Mr Awan is the Principal for AAA Geo Consultant with the following

comments:

The drilling data was validated into a database to match drill hole identifications with the matching assays. QA/QC was

undertaken by various Independent Commercial Labs on the original assays to the pulps for the various drill techniques of

Reverse circulation and diamond drilling sample. The nominated assay checks on historical pulps by American Analytical

Page 3 of 7

Laboratories using a 15 gram fire assay charge in Osburn Idaho USA. Communications have also been undertaken with previous

operators on the properties indicating correlation with the existing data compiled and the core and pulp stored to date.

About Transatlantic Mining Corp.

Transatlantic Mining ( TSX-V: TCO) is an emerging precious and base metal explore r. The Company has a focus on converting

projects into mines within stable mining jurisdictions. In August 2017, the Company entered a purchase agreement towards 100%

of the US Grant Gold-Silver Mine & Mill complex in Montana (USA). The Company has also entered a lease (option to purchase)

agreement on 100% of the Kearsarge Gold project in Montana, located 8 km from the US Grant Mill.

The Company is also engaged in controlling and owning mineral properties interests, such as the 80% Joint Venture position on

the Monitor Copper-Gold project in Idaho (USA).

A proven management team, led by Chief Executive Officer Bernie Sostak, seeks to enhance shareholder value through evaluation,

exploration, development, enhancement and expansion of its existing assets, together with reviewing acquisition opportunities.

For further information please contact: Bernie Sostak +61 (0) 439 904 044

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequ acy or accuracy of this release

** Table 1. Historical Drillhole Assays on the Kearsarge and Big Vein

Historic

Drillhole

Number

From

(ft)

Length

(ft)

Length

(m)

True

Width

(m) # g/t Au

Oz/t

Au Elevation Vein

70-1-94 16.8 34.4 17.6 5.9 5.9 31.15 1.00 7029.7 Big Vein

43.5 48.4 4.9 1.6 1.6 3.43 0.11 7031.8 Big Vein

52.5 56.4 3.9 1.3 1.3 12.71 0.41 7032.7 Big Vein

57.9 60.4 2.5 0.8 0.8 21.20 0.68 7033.2 Big Vein

70-2-94 31.0 32.5 1.5 0.5 0.4 66.52 2.14 7030.9 Big Vein

48.5 59.3 10.8 3.6 2.9 12.20 0.39 7033.6 Big Vein

75.9 82.7 6.8 2.3 1.8 7.30 0.23 7036.7 Big Vein

90.0 100.2 10.2 3.4 2.7 4.00 0.13 7038.6 Big Vein

101.5 110.3 8.8 2.9 2.3 10.07 0.32 7039.9 Big Vein

120.6 127.3 6.7 2.2 1.8 6.05 0.19 7042.1 Big Vein

70-3-94 13.5 15.0 1.5 0.5 0.4 11.92 0.38 7028.1 Big Vein

32.6 55.2 22.6 7.5 6.0 48.23 1.55 7030.4 Big Vein

57.0 68.0 11.0 3.7 2.9 5.04 0.16 7031.9 Big Vein

70.0 72.0 2.0 0.7 0.5 7.51 0.24 7032.6 Big Vein

74.0 76.0 2.0 0.7 0.5 4.87 0.16 7032.9 Big Vein

78.0 82.0 4.0 1.3 1.1 14.10 0.45 7033.3 Big Vein

83.2 88.0 4.8 1.6 1.3 4.05 0.13 7033.7 Big Vein

70-4-94 60.0 70.0 10.0 3.3 3.0 6.41 0.21 7027.0 Kearsarge

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80.0 85.0 5.0 1.7 1.5 3.60 0.12 7027.0 Kearsarge

70-6-95 0.0 15.0 15.0 5.0 4.5 5.41 0.17 7027.4 Big Vein

32.0 39.8 7.8 2.6 2.3 7.32 0.24 7028.9 Big Vein

50.5 54.6 4.1 1.4 1.2 3.60 0.12 7029.8 Big Vein

57.8 59.8 2.0 0.7 0.6 23.31 0.75 7030.1 Big Vein

70.4 78.1 7.7 2.6 2.3 5.18 0.17 7030.9 Big Vein

96-1 349.0 354.0 5.0 1.7 1.3 4.42 0.14 7163.7 Big Vein

96-2 245.0 249.0 4.0 1.3 1.3 30.47 0.98 7202.3 Kearsarge

96-3 161.6 165.0 3.4 1.1 1.1 5.37 0.17 7211.5 Big Vein

185.0 199.1 14.1 4.7 4.7 22.10 0.71 7191.2 Big Vein

96-4 129.0 137.8 8.8 2.9 2.9 3.30 0.11 7230.7 Big Vein

KS-01* 305.0 310.0 5.0 1.7 1.4 3.14 0.10 7064.4 Big Vein

340.0 345.0 5.0 1.7 1.4 3.77 0.12 7034.4 Big Vein

375.0 385.0 10.0 3.3 2.8 5.46 0.18 7002.3 Big Vein

450.0 465.0 15.0 5.0 4.3 60.27 1.94 6935.8 Big Vein

475.0 490.0 15.0 5.0 4.3 12.60 0.41 6914.4 Big Vein

KS-02* 348.0 353.0 5.0 1.7 1.3 6.52 0.21 7136.5 Big Vein

363.0 368.0 5.0 1.7 1.3 3.21 0.10 7123.5 Big Vein

KS-02* 443.0 453.0 10.0 3.3 2.7 10.23 0.33 7052.0 Kearsarge

KS-03 371.0 376.0 5.0 1.7 1.3 3.46 0.11 7138.5 Big Vein

KS-04* 346.0 351.0 5.0 1.7 1.2 3.60 0.12 6914.2 Big Vein

KS-05* 409.0 424.0 15.0 5.0 4.0 8.54 0.27 7110.0 Big Vein

434.0 439.0 5.0 1.7 1.3 3.50 0.11 7092.8 Big Vein

449.0 454.0 5.0 1.7 1.3 11.99 0.39 7080.0 Big Vein

KS-07 * 296.0 301.0 5.0 1.7 1.2 4.04 0.13 6869.5 Big Vein

KS-08 * 295.0 300.0 5.0 1.7 1.3 19.82 0.64 7162.5 Big Vein

315.0 320.0 5.0 1.7 1.3 3.08 0.10 7145.7 Big Vein

360.0 370.0 10.0 3.3 2.7 9.14 0.29 7105.9 Big Vein

410.0 415.0 5.0 1.7 1.3 3.26 0.10 7066.0 Big Vein

425.0 455.0 30.0 10.0 8.0 9.06 0.29 7043.0 Big Vein

KS-15 230.0 235.0 5.0 1.7 1.3 6.45 0.21 7299.3 Big Vein

KSPD-1 5.0 10.0 5.0 1.7 1.6 3.25 0.10 7303.7 Big Vein

15.0 40.0 25.0 8.3 7.9 4.50 0.14 7289.6 Big Vein

45.0 65.0 20.0 6.7 6.3 4.07 0.13 7270.1 Big Vein

80.0 85.0 5.0 1.7 1.6 4.51 0.14 7250.7 Big Vein

KSPD-2 110.0 115.0 5.0 1.7 1.7 3.45 0.11 7210.7 Big Vein

KSPD-3 30.0 35.0 5.0 1.7 1.7 6.40 0.21 7266.5 Big Vein

90.0 100.0 10.0 3.3 3.3 5.69 0.18 7207.7 Big Vein

KSPD-4 90.0 95.0 5.0 1.7 1.7 3.53 0.11 7211.9 Kearsarge

KSPD-13 125.0 135.0 10.0 3.3 3.3 3.46 0.11 7183.1 Kearsarge

KSPD-14 80.0 90.0 10.0 3.3 3.3 3.20 0.10 7197.9 Big Vein

KSR-01 * 295.0 305.0 10.0 3.3 2.8 6.08 0.20 7070.9 Big Vein

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350.0 355.0 5.0 1.7 1.4 3.77 0.12 7025.8 Big Vein

360.0 400.0 40.0 13.3 11.3 13.05 0.42 7002.3 Big Vein

420.0 445.0 25.0 8.3 7.1 13.53 0.44 6957.3 Big Vein

460.0 480.0 20.0 6.7 5.7 9.77 0.31 6925.1 Big Vein

495.0 500.0 5.0 1.7 1.4 3.94 0.13 6901.6 Big Vein

505.0 510.0 5.0 1.7 1.4 3.56 0.11 6893.0 Big Vein

OP #1 35.0 40.0 5.0 1.7 1.7 7.40 0.24 7292.5 Big Vein

OP #5 0.0 5.0 5.0 1.7 1.7 3.77 0.12 7280.5 Big Vein

10.0 35.0 25.0 8.3 8.3 14.91 0.48 7260.5 Big Vein

OP #6 10.0 15.0 5.0 1.7 1.7 4.83 0.16 7269.5 Big Vein

OP #7 0.0 30.0 30.0 10.0 10.0 117.90 3.79 7266.0 Big Vein

35.0 40.0 5.0 1.7 1.7 11.86 0.38 7243.5 Big Vein

OP #8 0.0 5.0 5.0 1.7 1.7 3.43 0.11 7279.5 Big Vein

20.0 25.0 5.0 1.7 1.7 10.93 0.35 7259.5 Big Vein

OP #9 25.0 47.0 22.0 7.3 7.3 5.13 0.17 7247.0 Big Vein

OP #10 0.0 15.0 15.0 5.0 5.0 5.44 0.17 7275.5 Big Vein

25.0 40.0 15.0 5.0 5.0 4.61 0.15 7250.5 Big Vein

OP #11 25.0 30.0 5.0 1.7 1.7 3.70 0.12 7255.5 Big Vein

35.0 40.0 5.0 1.7 1.7 3.36 0.11 7245.5 Big Vein

OP #14 5.0 10.0 5.0 1.7 1.7 4.53 0.15 7272.5 Big Vein

OP #15 15.0 47.0 32.0 10.7 10.7 5.03 0.16 7248.0 Big Vein

OP #16 5.0 30.0 25.0 8.3 8.3 8.84 0.28 7261.5 Big Vein

OP #17 0.0 10.0 10.0 3.3 3.3 5.74 0.18 7274.0 Big Vein

PDH-1 34.0 40.0 6.0 2.0 2.0 40.89 1.31 7243.0 Big Vein

58.0 59.0 1.0 0.3 0.3 3.81 0.12 7221.5 Big Vein

63.0 64.0 1.0 0.3 0.3 3.19 0.10 7216.5 Big Vein

77.0 92.0 15.0 5.0 5.0 6.68 0.21 7195.5 Big Vein

PDH-3 164.0 168.0 4.0 1.3 1.3 5.76 0.19 7114.0 Kearsarge

PDH-6 90.0 94.0 4.0 1.3 1.3 3.75 0.12 7188.0 Big Vein

96.0 98.0 2.0 0.7 0.7 4.05 0.13 7183.0 Big Vein

PDH-7 96.0 108.0 12.0 4.0 4.0 4.93 0.16 7178.0 Big Vein

PDH-9 60.0 62.0 2.0 0.7 0.3 7.20 0.23 7069.0 Big Vein

94.0 96.0 2.0 0.7 0.3 3.09 0.10 7035.0 Big Vein

132.0 136.0 4.0 1.3 0.7 4.29 0.14 6996.0 Big Vein

PDH-10 130.0 132.0 2.0 0.7 0.3 3.43 0.11 6999.0 Big Vein

158.0 160.0 2.0 0.7 0.3 38.39 1.23 6971.0 Big Vein

162.0 164.0 2.0 0.7 0.3 4.46 0.14 6967.0 Big Vein

RC-1 360.0 375.0 15.0 5.0 4.5 7.73 0.25 7170.0 Big Vein

RC-3 270.0 275.0 5.0 1.7 1.3 26.05 0.84 7228.0 Big Vein

RC-5 265.0 270.0 5.0 1.7 1.7 4.29 0.14 7228.0 Big Vein

RC-9 260.0 265.0 5.0 1.7 1.7 3.22 0.10 7170.0 Big Vein

270.0 275.0 5.0 1.7 1.7 3.22 0.10 7170.0 Big Vein

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UA-1 0.0 5.0 5.0 1.7 1.7 3.36 0.11 7294.0 Big Vein

15.0 20.0 5.0 1.7 1.7 4.80 0.15 7294.0 Big Vein

UA-2 0.0 25.0 25.0 8.3 8.3 4.98 0.16 7271.2 Big Vein

30.0 35.0 5.0 1.7 1.7 5.83 0.19 7257.0 Big Vein

45.0 50.0 5.0 1.7 1.7 4.87 0.16 7246.4 Big Vein

UA-3 0.0 5.0 5.0 1.7 1.7 3.43 0.11 7278.1 Big Vein

35.0 40.0 5.0 1.7 1.7 3.50 0.11 7251.3 Big Vein

UA-4 0.0 25.0 25.0 8.3 8.3 6.72 0.22 7269.8 Big Vein

30.0 55.0 25.0 8.3 8.3 6.86 0.22 7245.2 Big Vein

UA-5 5.0 10.0 5.0 1.7 1.7 3.15 0.10 7293.0 Big Vein

UA-6 0.0 10.0 10.0 3.3 3.3 9.46 0.30 7281.5 Big Vein

15.0 20.0 5.0 1.7 1.7 3.91 0.13 7272.6 Big Vein

30.0 35.0 5.0 1.7 1.7 6.03 0.19 7262.0 Big Vein

45.0 55.0 10.0 3.3 3.3 13.09 0.42 7249.6 Big Vein

UA-7 5.0 35.0 30.0 10.0 10.0 9.71 0.31 7267.9 Big Vein

UA-8 0.0 60.0 60.0 20.0 20.0 12.39 0.40 7257.0 Big Vein

UA-9 0.0 15.0 15.0 5.0 5.0 4.62 0.15 7273.9 Big Vein

20.0 30.0 10.0 3.3 3.3 3.84 0.12 7259.5 Big Vein

35.0 40.0 5.0 1.7 1.7 4.66 0.15 7249.3 Big Vein

45.0 65.0 20.0 6.7 6.7 5.07 0.16 7234.9 Big Vein

UA-11 0.0 40.0 40.0 13.3 13.3 7.97 0.26 7263.6 Big Vein

45.0 55.0 10.0 3.3 3.3 4.71 0.15 7239.0 Big Vein

UA-12 0.0 5.0 5.0 1.7 1.7 3.91 0.13 7280.2 Big Vein

20.0 25.0 5.0 1.7 1.7 4.46 0.14 7266.1 Big Vein

30.0 60.0 30.0 10.0 10.0 9.80 0.32 7250.2 Big Vein

UA-13 0.0 5.0 5.0 1.7 1.7 4.73 0.15 7278.1 Big Vein

15.0 40.0 25.0 8.3 8.3 14.31 0.46 7258.9 Big Vein

45.0 60.0 15.0 5.0 5.0 10.02 0.32 7239.8 Big Vein

65.0 70.0 5.0 1.7 1.7 4.97 0.16 7228.3 Big Vein

UA-15 0.0 65.0 65.0 21.7 21.7 6.97 0.22 7251.9 Big Vein

UA-16 0.0 5.0 5.0 1.7 1.7 12.13 0.39 7280.8 Big Vein

20.0 25.0 5.0 1.7 1.7 7.34 0.24 7270.8 Big Vein

30.0 50.0 20.0 6.7 6.7 12.41 0.40 7262.0 Big Vein

UA-17 0.0 10.0 10.0 3.3 3.3 13.02 0.42 7282.5 Big Vein

15.0 40.0 25.0 8.3 8.3 12.90 0.41 7271.3 Big Vein

UAG-03 311.9 327.0 15.1 5.0 4.0 4.32 0.14 7168.3 Big Vein

UGKS-1-94 106.2 110.2 4.0 1.3 1.3 3.49 0.11 7118.3 Big Vein

118.2 121.2 3.0 1.0 1.0 14.20 0.46 7116.2 Big Vein

UGKS-3-94 72.4 75.6 3.2 1.1 0.5 3.91 0.13 7075.7 Kearsarge

77.9 88.1 10.2 3.4 1.7 9.73 0.31 7068.6 Kearsarge

90.2 92.2 2.0 0.7 0.3 4.80 0.15 7062.1 Kearsarge

UGKS-4-94 158.5 161.4 2.9 1.0 1.0 5.07 0.16 7232.7 Big Vein

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162.4 181.0 18.6 6.2 6.2 8.42 0.27 7239.5 Big Vein

189.0 191.0 2.0 0.7 0.7 4.21 0.14 7250.0 Big Vein

193.0 196.9 3.9 1.3 1.3 8.32 0.27 7252.8 Big Vein

199.6 201.6 2.0 0.7 0.7 4.89 0.16 7256.1 Big Vein

209.5 213.0 3.5 1.2 1.2 3.05 0.10 7262.2 Big Vein

UGKS-5-94 150.2 155.9 5.7 1.9 1.1 9.71 0.31 7041.0 Big Vein

161.9 163.9 2.0 0.7 0.4 11.38 0.37 7035.1 Big Vein

169.3 178.4 9.1 3.0 1.8 15.99 0.51 7028.6 Big Vein

UGKS-6-94 21.8 26.0 4.2 1.4 1.4 3.29 0.11 6996.7 Big Vein

34.4 40.6 6.2 2.1 2.1 7.20 0.23 6986.3 Big Vein

UGKS-7-94 19.4 23.4 4.0 1.3 1.3 19.03 0.61 6995.2 Big Vein

25.4 29.4 4.0 1.3 1.3 4.46 0.14 6989.6 Big Vein

32.0 35.0 3.0 1.0 1.0 3.22 0.10 6983.9 Big Vein

40.0 45.0 5.0 1.7 1.7 4.83 0.16 6975.6 Big Vein

UGKS-8-94 40.0 45.0 5.0 1.7 1.7 14.60 0.47 7055.1 Big Vein

UGKS-9-94 37.1 38.4 1.3 0.4 0.2 3.84 0.12 6977.3 Big Vein

41.4 52.0 10.6 3.5 1.8 26.50 0.85 6968.3 Big Vein

56.5 59.5 3.0 1.0 0.5 3.57 0.11 6957.0 Big Vein

75.0 80.0 5.0 1.7 0.8 10.01 0.32 6937.5 Big Vein

UGKS-9-94 176.8 186.6 9.8 3.3 1.6 35.26 1.13 6833.3 Kearsarge

UGKS-10-94 36.6 54.6 18.0 6.0 3.6 11.34 0.36 6971.0 Big Vein

58.6 62.6 4.0 1.3 0.8 3.84 0.12 6956.5 Big Vein

66.6 70.6 4.0 1.3 0.8 5.45 0.18 6948.7 Big Vein

UGKS-10-94 90.6 93.3 2.7 0.9 0.5 14.12 0.45 6926.2 Kearsarge

102.5 106.6 4.1 1.4 0.8 4.26 0.14 6914.0 Kearsarge

109.6 111.1 1.5 0.5 0.3 3.74 0.12 6908.4 Kearsarge

UGKS-11-94 13.5 24.0 10.5 3.5 3.5 38.85 1.25 7033.5 Big Vein

UGKS-12-94 5.0 12.0 7.0 2.3 2.3 17.30 0.56 7017.1 Big Vein

14.0 20.8 6.8 2.3 2.3 19.66 0.63 7015.1 Big Vein

23.1 33.0 9.9 3.3 3.3 9.17 0.29 7012.7 Big Vein

44.9 46.0 1.1 0.4 0.4 3.36 0.11 7008.8 Big Vein

49.5 50.7 1.2 0.4 0.4 3.15 0.10 7007.7 Big Vein

UGKS-14-94 117.4 119.6 2.2 0.7 0.7 4.46 0.14 7049.7 Big Vein

128.1 131.0 2.9 1.0 0.9 3.36 0.11 7052.5 Big Vein

*Drillholes used for 1995 Historical Resource Estimate

Downhole Lengths

# True width estimated from intersection angle with interpretation

QP checks on pulps for holes KS 02 and KS 05

Intersections > than 3 g/t Au

RC & DD holes

No top cut applied

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