Transition Metals Corp. is pleased to announce SPC Nickel Corp , a battery metals company focused on nickel and copper exploration in the Sudbury Basin, commenced trading on the TSX Venture Exchange under the ticker SPC on March 8. Scott McLean, P.Geo., CEO of Transition stated, "As a project generator, we spun out our Sudbury assets into SPC Nickel in 2013 so that it could focus on Ni-Cu-PGM exploration in the [...]
Transition Metals Corp. is pleased to announce that its board of directors has declared a special dividend-in-kind of a portion of the common shares of SPC Nickel Corp. held by the Company to the Company's shareholders of record as at March 3, 2021 . Each holder of the Company's common shares on the Record Date will receive 0.1 of an SPC Nickel share for each one Transition share held by the Transition shareholders [...]
Transition Metals Corp. is pleased to announce that the Board of Directors, all of whom were re-elected at Tuesday's Shareholder Annual General Meeting, recently approved the 2021 budget totalling $2,500,000. The plan includes exploration on 5 of the Company's priority projects, acquisition and development of 2 to 3 new quality projects, and continued efforts to negotiate new joint venture agreements with potential [...]
Transition Metals Corp. is pleased to report the results of a successful property-wide helicopter-supported, tree-top, biogeochemical survey completed over approximately 150 square kilometers of its 100% owned Wollaston Copper project in north central Saskatchewan. Transition has added an additional 23 square kilometres to cover significant areas of anomalous copper outlined by this survey. The project is located [...]
Transition Metals Corp. is pleased to announce the discovery of a new high-grade gold occurrence on its Sawmill property. Grab samples collected by Transition in late November, 2020 at the JBM showing returned high-grade assays of 38.7 g/t Au and 30.7 g/t Au . Encouraging gold results were also returned from grab sampling at four other areas on the property that were followed up on with channel sampling before winter [...]
Transition Metals Corp. is pleased to announce that the Company has granted an option on its Island Copper project to Rich Copper Exploration Corp , a private corporation. The property consists of 5 mining claims covering 62 hectares in Awares Township located approximately 20 kilometres northeast of Sault Ste. Marie, Ontario. . Under the terms of the Agreement, Rich Cu can vest a 100% interest in the Property by [...]
Transition Metals Corp. announces that the Board of Directors have approved the issuance of 2,325,000 stock options to Officers, Directors and Employees of Transition in accordance with its Stock Option Plan. The Options entitle the holder purchase a common share in Transition for $0.155 for a period of 5 years. About Transition Metals Corp Transition Metals Corp. is a Canadian-based, multi-commodity project generator [...]
Transition Metals Corp. is pleased to announce that SPC Nickel Corp , formerly Sudbury Platinum Corporation , a company that Transition created through the spinout of its Aer-Kidd asset in the Sudbury Basin, has closed an over-subscribed non-brokered private placement which resulted in gross proceeds of $7,823,158 . SPC has filed a preliminary prospectus with the securities regulatory authorities in Ontario, Alberta and [...]
Transition Metals Corp. is pleased to announce that it has entered into an option agreement to acquire a 100% interest in 9 contiguous mining claims 75 kilometres north of Thunder Bay and has additionally staked new claims to consolidate 4,560 hectares covering a significantly underexplored extension of the Beardmore-Geraldton Greenstone Belt . The property, known as the Jolly Gold project encompasses a number of historic [...]
Transition Metals Corp. is pleased to report results from grab samples collected over its 100% owned, 150 square kilometre Wollaston Copper Project located approximately 60 kilometres southwest of the Rio Tinto Exploration Canada and Forum Energy Metal's Janice Lake project in north central Saskatchewan. Drilling by Noranda in 1994 in the Flag Lake target area near Fannon Lake returned grades and thicknesses of copper [...]
Transition Metals Corp. is pleased to announce that it has consolidated land packages totaling 154 square kilometres covering a range of polymetallic Gold , Copper Silver and Tungsten deposits adjacent to the Sudbury Igneous Complex, Ontario. The project areas as shown in Figure 1, cover extensive trends of brecciated and strongly sodic altered rocks close to major crustal structures that appear to control clusters of [...]
Transition Metals Corp. is pleased to announce that SPC Metals has released encouraging assay results from drilling on its Aer-Kidd Ni-Cu-PGM Project located in the heart of the Sudbury Mining Camp . The eight hole, 4,670 metre drilling program was designed to test an area down dip of the historic Robinson Mine. The property is located between Vale's Totten Mine ¹ located 1.8 kilometres along trend to the SW of the [...]