GJ / Golden Jubilee "NI 43-101 maiden resource estimate and technical report are now being sourced to be determined." Is the +500K exploration upside in presentation including the new target? NO it shouldn't as in December 2022 presentation it was this number BEFORE they found the new target in NR April 2023! Also they will further test the down dip extension and plunge of the main zone of mineralization.

https://ceo.ca/@newsfile/transatlantic-mining-drilling-results-at-the-golden
NOW ADD 1 April 2026 NR quote:
"There is also the potential to test the geophysical offset as a discovery which would more than double the length of known strike , as well as any parallel mineralized zones at Golden Jubilee. This could have significant impact on the overall gold bearing potential and future gold endowment."
https://ceo.ca/@newsfile/transatlantic-announces-extension-of-exploration-permit
Meaning good results and following 43-101 MRE can become a VERY GOOD RESOURCE! I'm betting on + 1 Mln Koz Au.
With a 9 g/t BULK sample, ABOVE the old mine works, I doubt 500 Koz Au includes these new areas... That bulk sample is 3 Koz and tiny on the map.
Miller
"Miller Trucking permits are also in progress, being applied for roads over US Forest Service lands to access the historic stockpiles." You don't do this for a small sample so expect cashflow from the 8 mln worth stockpile (CEO Bernie Sostak gave estimation in January webinar but this might be USD). "Mined historic recovered grade at 7.9oz Au /ton ( 248.1 g/t Au )" THAT'S WHERE THE STOCKPILE IS FROM
Miller "Underground drilling at the Jonnie Gulch Adit." This is where BONANZA grade DDH01 drill hole roughly was.
Monitor
Monitor has Muon survey report in a few weeks. They have access underground so with a permit, they could drill the high grade vein that had high production grades in 1920. Last mined in 1920’s 15 % Cu , 8 g/t Au and 30g/t Ag-Monitor. 8% Cu , 3 g/t Au and 15 g/t Ag-Richmond.

43-101 shows bonanza grades production near surface in 1920.
https://ceo.ca/@newsfile/transatlantic-provides-exploration-update-for-its-copper
#gold #copper #silver #boardroom $TCO


