Transition Metals Corp.

Recent News

  • Transition Metals Plans Aggressive Exploration of Its Jolly Gold Project in an Extension of the Beardmore-Geraldton Greenstone Belt

    Sudbury, Ontario--(Newsfile Corp. - April 8, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", "XTM", "the Company") 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 survey will help to delineate...

    2021-04-08 8:10 AM ET
  • Transition Acquires New Gold Opportunity in the Thompson Plateau near Vernon, B.C.

    Sudbury, Ontario--(Newsfile Corp. - March 29, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition" or "XTM") 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 ("Underhill" or "Optionor") to option its property and has staked an additional 4,300 hectares of adjacent mineral claims. The Underhill property covers the...

    2021-03-29 8:00 AM ET
  • Transition Increases Its Exposure to Gold by Amending Its Gowganda Agreement with Battery Mineral Resources

    Sudbury, Ontario--(Newsfile Corp. - March 24, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", the "Company") announces that the Company has amended its agreement with Battery Minerals Resources Corp (TSXV: BMR ) ("Battery"). 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...

    2021-03-24 10:12 AM ET
  • Transition Metals Congratulates Spinout Company SPC Nickel Corp on its Commencement of Trading on the TSX Venture Exchange

    Sudbury, Ontario--(Newsfile Corp. - March 9, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", the "Company") is pleased to announce SPC Nickel Corp (TSXV: SPC) ("SPC Nickel"), 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...

    2021-03-09 9:57 AM ET
  • Transition Metals Declares Dividend-In-Kind of Shares Held in SPC Nickel Corp.

    Sudbury, Ontario--(Newsfile Corp. - February 24, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", the "Company") is pleased to announce that its board of directors has declared a special dividend-in-kind (the "Dividend") of a portion of the common shares of SPC Nickel Corp. ("SPC Nickel") held by the Company to the Company's shareholders of record as at March 3, 2021 (the "Record Date"). Each holder of the Company's common shares on the Record Date will receive 0.1 of an...

    2021-02-24 9:10 AM ET
  • Transition Metals Provides Corporate Update and Commences Drilling on its Sawmill Property, Sudbury Area, Ontario

    Sudbury, Ontario--(Newsfile Corp. - February 22, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") 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 partners to fund advanced exploration...

    2021-02-22 9:00 AM ET
  • Transition Metals: Ground-Breaking Biogeochemical Survey Outlines Significant Areas of Anomalous Copper at Wollaston Sediment-Hosted Copper Project, Saskatchewan

    Sudbury, Ontario--(Newsfile Corp. - January 18, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", "XTM" or the "Company") 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 (Figure 1.) approximately 60 kilometres southwest along strike...

    2021-01-18 12:54 PM ET
  • Transition Discovers New Showing Hosting up to 38.7 g/t Gold at the Sawmill Au-Cu Property, Sudbury Area Ontario

    Sudbury, Ontario--(Newsfile Corp. - January 14, 2021) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company") is pleased to announce the discovery of a new high-grade gold occurrence (the JBM Showing) 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 (Table 1, Figure 2). Encouraging gold results were also returned from grab sampling at four other areas on the...

    2021-01-14 11:04 AM ET