Transition Metals Corp.

Recent News

  • 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
  • Transition Closes Sale of Royalty Interests to Nova Royalties

    Sudbury, Ontario--(Newsfile Corp. - October 5, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") reports that the Company has closed its transaction with Nova Royalties Corp. ("Nova") as disclosed in the news release dated September 8, 2020. On closing the Company received a total of $1,072,500 in cash and 525,000 shares of Nova. Transition President and CEO Scott McLean, P.Geo. commented, "I would like to thank our team and Nova, CP Consulting and Osler, Hoskin & Harcourt...

    2020-10-05 9:10 AM EDT
  • Transition Sells Portfolio of Royalty Interests to Nova Royalties for $1,000,000 Million Cash and 525,000 Shares

    Sudbury, Ontario--(Newsfile Corp. - September 8, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") reports that the Company has entered into an agreement to sell a portion of its portfolio of royalties to Nova Royalties Corp. (Nova) for $1,072,500 in cash and 525,000 shares of Nova. In addition, the agreement includes a potential $2.0 million in additional milestone payments. The sale of royalties to Nova includes:One half of the Company's 2.5% net smelter return royalty ("NSR") on...

    2020-09-08 9:10 AM EDT
  • Transition Provides Update on Work at Wollaston Copper Project in Saskatchewan and Purchases Mining Claims

    Sudbury, Ontario--(Newsfile Corp. - September 1, 2020) - Transition Metals Corp. (TSXV: XTM) ("Transition", "XTM", the "Company") has completed a helicopter-supported, tree-top, bio-geochemical survey 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 in north central Saskatchewan (Figure 1). The survey work included the collection of more than 600 bio-geochem samples on 500 metre design spacing. In addition,...

    2020-09-01 2:50 PM EDT
  • Transition's Investment Is Enhanced by SPC Metals' Completion of a Private Placement and Development of a Strategic Relationship with Dundee Goodman Merchant Partners

    Sudbury, Ontario--(Newsfile Corp. - August 25, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "XTM") is pleased to announce that its investment in Sudbury Platinum Corporation ("SPC Metals") has been enhanced through the completion of a private placement by SPC Metals and the development of an strategic relationship with Dundee Goodman Merchant Partners ("DGMP"). SPC announced that it has completed a private placement totaling $2,174,000 consisting of 9,837,500 common shares ("Shares") at a price of $0.16 per share, for proceeds...

    2020-08-25 9:10 AM EDT
  • Transition Initiates Field Work at Wollaston Copper Project in North Central Saskatchewan

    Sudbury, Ontario--(Newsfile Corp. - August 17, 2020) - Transition Metals Corp (TSXV: XTM) ("Transition", "XTM") reports that it has initiated field work on the Wollaston Copper project in north central Saskatchewan. The project is located approximately 60 kilometres southwest along strike from the Janice Lake project, a sedimentary-hosted copper project being aggressively explored by Rio Tinto Exploration Canada (RTEC) and Forum Energy Metals (Forum). Forum optioned the Janice Lake property from Transition and has further optioned a portion of its...

    2020-08-17 9:10 AM EDT