Transition Metals Corp.

Recent News

  • Project Generator Transition Metals Grants an Option on Its Island Copper Project

    Sudbury, Canada--(Newsfile Corp. - January 5, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", the "Company") is pleased to announce that the Company has granted an option on its Island Copper project to Rich Copper Exploration Corp ("Rich Cu"), 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. (the "Property").Under the terms of the Agreement, Rich Cu can vest a 100% interest in...

    2021-01-05 8:00 AM EST
  • Transition Metals Issues Stock Options

    Sudbury, Ontario--(Newsfile Corp. - December 18, 2020) -  Transition Metals Corp. (TSXV: XTM) ("Transition") 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 CorpTransition Metals Corp (TSXV: XTM) is a Canadian-based, multi-commodity project generator that specializes...

    2020-12-18 9:19 PM EST
  • Transition Metals Announces that Spinout Company SPC Nickel Has Closed a $7.82 Million Over-Subscribed Private Placement and Filed a Preliminary Prospectus for a Public Listing on TSX Venture Exchange

    Sudbury, Ontario--(Newsfile Corp. - December 15, 2020) -   Transition Metals Corp. (TSXV: XTM) ("Transition", "XTM", or the "Company") is pleased to announce that SPC Nickel Corp ("SPC"), formerly Sudbury Platinum Corporation (see SPC press release December 15, 2020), 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 (the "Offering). SPC has filed a preliminary prospectus with the...

    2020-12-15 9:28 AM EST
  • Transition Metals Consolidates Western Extension of Beardmore-Geraldton Greenstone Belt and Options Property with High-Grade Gold Occurrences

    Sudbury, Ontario--(Newsfile Corp. - November 24, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "XTM", the "Company") 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 (see Figure 1). The property, known as the Jolly Gold project encompasses...

    2020-11-24 8:00 AM EST
  • Transition Metals Reports Encouraging Levels of Copper Mineralization from Sampling of Historical Showings at Wollaston Copper Project in Saskatchewan

    Sudbury, Ontario--(Newsfile Corp. - November 17, 2020) -  Transition Metals Corp (TSXV: XTM) ("Transition", "XTM", the "Company") 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 (RTEC) and Forum Energy Metal's (Forum) Janice Lake project (Figure 1) in north central Saskatchewan. Drilling by Noranda in 1994 in the Flag Lake target area near Fannon Lake returned grades and thicknesses...

    2020-11-17 9:10 AM EST
  • Transition Conducts Deep Seeking Airborne Geophysical Survey to Explore for Large Scale Copper-Gold Systems in Proterozoic Rocks of the Sudbury Region

    Sudbury, Ontario--(Newsfile Corp. - November 2, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce that it has consolidated land packages totaling 154 square kilometres covering a range of polymetallic Gold (Au), Copper (Cu) Silver (Ag) and Tungsten (W) 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...

    2020-11-02 8:03 AM EST
  • Transition Metals Report that SPC Metals Intersected 22.45 Metres Grading 2.20% NiEq. on the Aer-Kidd Property

    Sudbury, Ontario--(Newsfile Corp. - October 20, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce that SPC Metals (SPC) has released encouraging assay results from drilling on its Aer-Kidd Ni-Cu-PGM Project located in the heart of the Sudbury Mining Camp (See SPC Metals news release dated October 19, 2020). 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...

    2020-10-20 9:41 AM EDT
  • Transition Options the Sawmill Au-Cu Property, Sudbury Area Ontario

    Sudbury, Ontario--(Newsfile Corp. - October 15, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", the "Company") is pleased to announce that it has entered into an option agreement to acquire a 100% interest in the Sawmill Au-Cu Property located 40 kilometres northeast of the Sudbury Mining Camp within Parkin and Hutton townships. The property consists of 106 contiguous mining claims, two mining leases and five patents totalling approximately 825 hectares. The property encompasses historic high-grade polymetallic gold (Au), copper (Cu),...

    2020-10-15 10:48 AM EDT