Transition Metals Corp. (XTM.V) is a minerals exploration company focused on finding new ore deposits in Canada. Transition’s management has decades of experience in successful exploration and turning raw land into mineral resources.

Transition Metals provides investors with exposure to a great number of properties in stable mining districts that include a wide variety of metals including; gold, silver, the platinum group metals, and base metals such as copper, cobalt and nickel. The prices of individual metals are both volatile and unpredictable, and having exposure to a diverse portfolio of commodities lowers the risk to investors in Transition.

Transition Metals employs the project-generator business model, which maximizes shareholder exposure to discoveries while minimizing shareholder equity dilution.

On February 12, 2019:
Transition Metals is pleased to announce that North American Palladium (NAP) has commenced a diamond drill program at the Sunday Lake Platinum-Palladium (PGM) Property.

Transition was notified by NAP earlier this month of the recommencement of drilling on the Sunday Lake Property. The planned program of up to 11,500 m is designed to test for high-grade massive sulfide mineralization and will focus on several high-priority conductivity anomalies identified from geophysical surveys completed in 2018.

Commenting on the results, Transition CEO and President Scott McLean stated “Geophysical and drilling results to date demonstrate the potential of the Sunday Lake Intrusion to host significant economic mineralization and the grades encountered are higher than other similar deposits and mines in the district. The geology at Sunday Lake bears many similarities to the Company’s 100% owned Saturday Night Project  located in similar geology 16 km to the west that we feel may have similar potential.”

On October 15, 2018:
Transition is pleased to announce that Forum Energy Metals has completed a four-hole, 447m diamond drill program on the Janice Lake Sedimentary Copper Project located in northern Saskatchewan’s Wollaston Copperbelt.

Transition retains the right and option to earn a 100% interest in the property by completing $1.5 million of expenditures and issuing $170,000 in cash and $175,000 in shares to the Vendor over a 5 year period. If the Company vests its interest, the Vendor would retain a 2% Net Smelter Return royalty (NSR) with Transition retaining the right to buy back 1% NSR for $1.25 million.

On September 20, 2018:
Transition Metals Corp has entered into an option agreement to acquire a 100% interest in the >45 square kilometre Highland Gold property located in the Cape Breton Highlands of Nova Scotia. The property covers an extensive cluster of high grade gold occurrences that have seen very limited exploration.

Transition retains the right and option to earn a 100% interest in the property by completing $1.5 million of expenditures and issuing $170,000 in cash and $175,000 in shares to the Vendor over a 5 year period. If the Company vests its interest, the Vendor would retain a 2% Net Smelter Return royalty (NSR) with Transition retaining the right to buy back 1% NSR for $1.25 million.

On September 5, 2018:
Transition Metals Corp is pleased to provide assays results from preliminary prospecting completed on the company’s Revell and Island Copper Projects located in northwestern Ontario. Both the Revell and Island Copper properties were acquired by XTM in April of 2018 as part of a much larger staking program (see April 23, 2018 – Press Release) designed at acquiring low-cost exploration assets consistent with the company’s Project Generator Business Model.

On June 27, 2018:
Reuters hosted the following video covering an interview between Transition’s CEO Scott McLean and Proactive Investors.

On June 25, 2018:
Sudbury Platinum Corporation, a private corporation 30% owned by Transition Metals Corp, announces that it has closed a non brokered private placement financing of $1,910,714. Proceeds from the private placement will be used for exploration and working capital purposes.

On June 5, 2018:
Canadian Gold Miner and Transition Metals Corp. report results from channel sampling completed on the Jumping Moose property by option partner IAMGOLD Corporation (“IAMGOLD”). Assay results from this work initiated by IAMGOLD in late 2017 returned gold values from channel samples ranging from nil to 22.7 g/t gold including 5.50 g/t gold over 3.3 metres from a new trenched bedrock exposure of sheared gabbro hosting quartz veining and disseminated sulphides.

Learn more about Transition Metals’ current market activity here. Or contact Ray Mullaney at (401) 558-0222 for additional information.

 

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