Transition Metals Corp. is pleased to announce that sampling completed as part of the summer 2021 prospecting programme has resulted in the discovery of a new gold showing on the Cryderman property. The best value returned was 6.18 g/t Au from a total of 52 grab samples submitted for analysis. The new showing is associated with a 15-20 centimetre wide south-trending crack seal quartz-carbonate vein on the margin of a [...]
Transition Metals Corp. is pleased to announce its summer prospecting and sampling work continues to support the interpretation that its Jolly Gold property covers the western extension of the prolific Beardmore-Geraldton Greenstone Belt . The property covers a sulphide-facies iron formation that caps the northern assemblage of mafic metavolcanic flows overlain by intermediate pyroclastics. Gold deposits elsewhere in the [...]
Transition Metals Corp. is delighted to announce results from the initial prospecting and sampling program on the newly acquired claims forming part of the Gowganda Gold project . Recent results from grab samples returned high-grade, gold analyses of 18.6-269.0 g/t gold from one showing and the discovery of four new copper showings ranging from 0.24-2.30% Cu . Figure 1. Sample X926767, containing 269 g/t Au with flecks of [...]
Transition Metals Corp. is pleased to announce that it has appointed Carmelo Marrelli as the Company's Chief Financial Officer. Mr. Marrelli is the principal of The Marrelli Group of Companies. He is a Chartered Professional Accountant and a member of the Institute of Chartered Secretaries and Administrators, a professional body that certifies corporate secretaries. He has a Bachelor of Commerce degree from the University [...]
Transition Metals Corp. is pleased to provide an update on exploration programs underway on key projects in Ontario, Saskatchewan and Newfoundland. Company CEO, Scott McLean, commented; "Despite the challenges brought on by the ongoing pandemic and forest fires, we have been making great progress on many of our key properties and are looking forward to receiving pending assays from our summer work programs. This work has [...]
Transition Metals Corp. is saddened to report the sudden passing of Chief Financial Officer Christopher Chadder. Chris has been part of the Transition management team since 2013. He helped build the Company and was instrumental in the founding and spin out of both Sudbury Platinum Corp and Canadian Gold Miner having served as the initial CFO of both spinout companies. In addition to his CFO duties with the Company, Chris [...]
Transition Metals Corp. is pleased to announce that the Company has entered into a binding letter of intent entitling McFarlane Lake Mining Incorporated to purchase a 100% interest in 122 mining claims and 3 patents covering 2,605 hectares in Mongowin Township approximately 20 kilometres South of Espanola, Ontario. The property is comprised of 112 staked claims, three mining patents and 10 purchased mining claims for a [...]
Transition Metals Corp. is pleased to announce the commencement of field work on 5 of the Company's priority projects located in Ontario, Newfoundland and Saskatchewan. Company crews have commenced field work in the Sudbury area with plans to move into northwestern Ontario, and Saskatchewan later this summer. The Company is also planning to complete an airborne magnetic survey over the Duntara Copper project in [...]
Transition Metals Corp. is pleased to announce that it has secured a 100% interest in the Cryderman property located in southwest Macmurchy Township, Larder Lake Mining District, Ontario. The property consists of six mining and surface rights leases, totaling approximately 106 hectares which host a system of quartz veining partially exposed around a 40 foot deep historical shaft sunk in 1917 to explore the Queen Elizabeth [...]
Transition Metals Corp. is pleased to announce exploration activities commencing with a high-resolution airborne magnetic survey over its newly acquired Jolly Gold project approximately 75 kilometres north of Thunder Bay, Ontario. The Company has contracted New-Sense Geophysics Limited to conduct the 1,066 line kilometre survey at 50 metre spacing over the entire 4,560 hectare property. The close line spacing of the [...]
Transition Metals Corp. is pleased to announce that the Company has identified an intriguing underexplored gold opportunity near the eastern margin of the prolific Quesnel Trough, close to Vernon, British Columbia. The Company has executed a binding letter of intent with Underhill Exploration Ltd to option its property and has staked an additional 4,300 hectares of adjacent mineral claims. The Underhill property covers [...]
Transition Metals Corp. announces that the Company has amended its agreement with Battery Minerals Resources Corp . The amendment allows for BMR to focus its earn-in efforts on portions of the property under option from Transition considered to be more favourable for hosting silver and cobalt mineralization while facilitating the return of portions of the property considered more favourable for hosting gold to Transition [...]