SUDBURY, ON, Jan. 23, 2017 /CNW/ - Transition Metals Corp. (XTM – TSX.V) ("Transition", "the Company"), is pleased to announce the discovery of a new platinum group metals (Pt+Pd+Au or PGM's) enriched intrusion within the emerging Midcontinent Rift Ni-Cu-PGM camp at the Company's 100% owned Saturday Night Property, located 25 kilometres north of Thunder Bay, Ontario. The Saturday Night Intrusion (SNI) was discovered by a [...]
SUDBURY, ON, Nov. 30, 2016 /CNW/ - (TSXV:XTM) An amended Mineral Exploration Agreement (MEA) has been signed allowing Transition Metals and Nunavut Resources to explore the Inuit-owned Land (IOL) parcel CO-31 or the Arcadia Bay property. The acquired property hosts Archean lode-gold style mineralization with a historical resource of 572,067 tonnes grading 9.6 grams/tonne (g/t) Au(1). This historical resource was completed [...]
SUDBURY, ON, Nov. 21, 2016 /CNW/ - Sudbury Platinum Corporation ("SPC" or "the Company") and Transition Metals Corp. (XTM – TSX.V) ("Transition") are pleased to announce the results of the borehole geophysical program recently completed on the Company's 100% owned Lockerby East Property, Sudbury, Ontario. The Borehole UTEM IV® geophysical survey, completed by Lamontagne Geophysics Ltd. included the resurveying of 7 [...]
SUDBURY, ON, Nov. 8, 2016 /CNW/ - Transition Metals Corp. (XTM – TSX.V) ("Transition" or "the Company"), is pleased to announce that it has executed an Option and Joint Venture Agreement with Aldershot Resources Ltd. (ALZ.H – TMX NEX) ("Aldershot") and has initiated exploration work on the Haultain Gold Discovery. Under the agreement, Aldershot can earn an initial 51% interest and up to a 75% interest in the Company's [...]
SUDBURY, ON, Oct. 24, 2016 /CNW/ - Canadian Gold Miner ("CGM" or "the Company), a private company 65% owned by Transition Metals Corp. (XTM – TSX.V) ("TMC") is pleased to announce that it has optioned a 61 square kilometre property within the heart of Kirkland Lake Mining Camp from Skead Holdings Ltd (Skead). The property covers approximately 23 kilometres of strike along the Lincoln-Nipissing break. The Lincoln-Nipissing [...]
SUDBURY, ON, Aug. 22, 2016 /CNW/ - Canadian Gold Miner Corp ("CGM") and Transition Metals Corp. (XTM – TSX.V, "Transition" or the "Company") announce that CGM has closed a seed financing totaling $495,000 by way of issuance of 4,950,000 common shares (the Offering) at a price of $0.10 per share. Of the total financing, $250,000 was placed by agents from Haywood Securities Inc. (Haywood) which received a 5% commission on [...]
SUDBURY, ON, June 14, 2016 /CNW/ - Transition Metals Corp. (XTM – TSX.V) ("Transition" or "the Company"), is pleased to announce that the Company and its Joint Venture partner, Impala Platinum Holdings ("Implats") have now vested a 100% interest in the core property positon of the Sunday Lake Project. Company CEO and president, Scott McLean commented, "We are delighted with the progress at Sunday Lake since assembling the [...]
SUDBURY, ON, June 1, 2016 /CNW/ - Sudbury Platinum Corporation ("SPC" or "the Company") and Transition Metals Corp. (XTM – TSX.V) ("Transition") are pleased to announce the resumption of exploration activities on their 100% owned Aer-Kidd and Lockerby East Projects located within the Sudbury mining camp. Transition is the majority shareholder of SPC and holds approximately 36% of the outstanding shares. The 2016 Aer-Kidd [...]
SUDBURY, ON, May 5, 2016 /CNW/ - Sudbury Platinum Corporation ("SPC" or "the Company") is pleased to announce the acquisition of the Lockerby East and West Graham Properties ("the Properties") located within the Prolific Sudbury Mining Camp from Transition Metals Corp. (XTM – TSX.V) ("Transition"). Transition is the majority shareholder of SPC holding approximately 36% of the outstanding shares. On January 25, 2016 [...]
SUDBURY, ON, April 26, 2016 /CNW/ - Transition Metals Corp. (XTM – TSX.V) ("Transition" or "the Company"), is pleased to announce that it has executed a binding letter of intent to enter into an Option and Joint Venture Agreement with Aldershot Resources Ltd. (ALZ.H – TMX NEX) ("Aldershot") whereby Aldershot can earn a 51% interest and up to a 75% interest in the Company's Gowganda Gold project area located 75 kilometres [...]
SUDBURY, ON, March 23, 2016 /CNW/ - Sudbury Platinum Corporation ("SPC") and Transition Metals Corp. (XTM – TSX.V, "Transition" or the "Company") announce that SPC has closed a financing totaling $3,177,975 by way of issuance of 8,690,834 Flow Through common shares at a price of $0.33 per share, 148,649 Flow Through common shares at a price of $0.37 per share and 850,000 common shares at a price of $0.30 per share. Of the [...]
SUDBURY, ON, March 2, 2016 /CNW/ - Transition Metals Corp. (XTM – TSX.V) ("TMC" or "the Company"), is pleased to announce the formation of a new private subsidiary named Canadian Gold Miner Corp. ("Canadian Gold Miner"). The subsidiary was formed to acquire, advance and finance a large portfolio of high quality gold exploration projects situated along key breaks/faults in the southern Abitibi Greenstone Belt. Historical [...]