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Transatlantic makes 1st shipment of ore for processing from Alder Mountain

Transatlantic Mining Corp. made the first shipment of 19.1 tonnes of low grade gold/silver concentrate to a third party for processing from its Alder Mountain gold operation in Montana.

In addition, the company has a further 10 tonnes of concentrate made on site at the U.S. Grant project, which is available for shipment.

Transatlantic, meanwhile, noted in a Jan. 20 release that Rob Tindall resigned as a director and CEO due to personal reasons.

Executive Chairman Bernie Sostak will assume the CEO post, while director Ray Parry will take the chairman role.