Canadian Gold Miner Discovers New Gold Zone South of Kirkland Lake
Sudbury, Ontario--(Newsfile Corp. - January 9, 2019) - Canadian Gold Miner ("CGM" or "the Company") and Transition Metals Corp. (TSXV: XTM) ("Transition Metals") are pleased to announce the discovery of a new gold zone dubbed "Behold Zone" located approximately 10 kilometres south of Kirkland Lake, Ontario. The zone is located near the northwest edge of a recently identified 800 metre long, Induced Polarization (IP) chargeability and resistivity anomaly occurring within a favourable structure...
2019-01-09 8:19 AM EST
Transition Metals Corp. Closes Private Placement
Sudbury, Ontario--(Newsfile Corp. - December 31, 2018) - Transition Metals Corp. (TSXV: XTM) ("Transition" or "the Corporation") is pleased to report it has closed its previously announced (see news release dated December 21, 2018) flow-through private placement raising $199,985 from the sale of 1,739,000 Flow Through common shares at a price of $0.115 per share. The new securities issued are subject to the standard four month hold period expiring April 29, 2019. The Company paid finders'...
2018-12-31 9:09 AM EST
Transition Metals Corp. Announces up to $200,000 Private Placement
Sudbury, Ontario--(Newsfile Corp. - December 20, 2018) - Transition Metals Corp. (TSXV: XTM) ("Transition" or "the Corporation") is pleased to announce that it intends to raise up to $200,000 by way of a non-brokered private placement financing consisting of up to 1,739,130 Flow Through common shares at a price of $0.115 per share. A finder's fee may be paid in connection with the placement to finders, including affiliates of Gravitas Securities Inc., as determined by mutual agreement between...
2018-12-20 4:54 PM EST
Transition Begins Drilling to Test Promising Gold Targets in Nova Scotia on the Highland Gold Property
Sudbury, Ontario--(Newsfile Corp. - November 13, 2018) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") has initiated a program of reverse air blast (RAB) drilling in Cape Breton, Nova Scotia. RAB drilling produces a mixture of crushed rock powder and chips when the ground being drilled is extensively weathered and broken. Transition is testing exploration targets highlighted from mapping, sampling and airborne geophysical surveys completed this fall. Results from the...
2018-11-13 9:51 AM EST
SPC Metals Intersects 13.60 m of Ni-Cu-Co-PGM Mineralization Grading 2.49% Nickel Equivalent Below Past Producing Robinson Mine in Ontario
Sudbury, Ontario--(Newsfile Corp. - November 6, 2018) - SPC Metals ("SPC", the Company) and Transition Metals Corp. (TSXV: XTM) ("Transition") are pleased to provide a corporate update and to announce assay results from fall drilling at the company's Aer-Kidd Project, near Sudbury Ontario. SPC is a division of Sudbury Platinum Corporation, a private company in which by Transition Metals has a 28% ownership. The Company has completed the drilling of two holes totaling 1,265 m to test an...
2018-11-06 8:38 AM EST
Transition Metals: 19 Metres of 1% Copper Intersected on Transition's Optioned Janice Lake Project, Saskatchewan
Sudbury, Ontario--(Newsfile Corp. - October 10, 2018) - Transition Metals Corp (TSXV: XTM) ("Transition") is pleased to announce that Forum Energy Metals (Forum) has completed a four-hole, 447m diamond drill program on the Janice Lake Sedimentary Copper Project located in northern Saskatchewan's Wollaston Copperbelt. All four holes encountered copper mineralization within 80m of surface with Hole FEM-01 intersecting 19m grading 1.0% Copper, including 5.7m of 2.18% Copper within a 50.5m...
2018-10-10 9:23 AM EDT
Transition Stakes Additional Ground and Initiates Airborne Geophysical Survey on Highland Gold Property
Sudbury, Ontario--(Newsfile Corp. - September 27, 2018) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce it has begun to conduct a high resolution airborne geophysical survey over its Highland Gold property located in the Cape Breton Highlands of Nova Scotia. The survey, to be completed by Terraquest Ltd., will collect low level, fixed wing high resolution horizontal magnetic gradient and very low frequency (VLF) conductance data flown at lines spaced...
2018-09-27 9:00 AM EDT