Transition Provides Update on Summer Exploration Programs on Key Projects in Ontario, Saskatchewan and Newfoundland
Sudbury, Ontario--(Newsfile Corp. - August 30, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to provide an update on exploration programs underway on key projects in Ontario, Saskatchewan and Newfoundland.Company CEO, Scott McLean, commented; "Despite the challenges brought on by the ongoing pandemic and forest fires, we have been making great progress on many of our key properties and are looking forward to receiving pending assays from our summer work...
2021-08-30 8:10 AM EDT
Transition Metals Deeply Regrets the Passing of CFO Christopher Chadder
Sudbury, Ontario--(Newsfile Corp. - July 28, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", the "Company") is saddened to report the sudden passing of Chief Financial Officer Christopher Chadder. Chris has been part of the Transition management team since 2013. He helped build the Company and was instrumental in the founding and spin out of both Sudbury Platinum Corp (now SPC Nickel) and Canadian Gold Miner (private) having served as the initial CFO of both spinout companies. In...
2021-07-28 7:15 AM EDT
Transition Metals Enters into Binding Letter of Intent for the Sale of Its Mongowin Gold Property, Ontario
Sudbury, Ontario--(Newsfile Corp. - June 14, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", the "Company") is pleased to announce that the Company has entered into a binding letter of intent ("LOI") entitling McFarlane Lake Mining Incorporated ("MFM") to purchase a 100% interest in 122 mining claims and 3 patents covering 2,605 hectares in Mongowin Township approximately 20 kilometres South of Espanola, Ontario. The property is comprised of 112 staked claims, three mining patents...
2021-06-14 8:17 AM EDT
Transition Metals Embarks on Aggressive Summer Field Exploration Programs on Major Projects in Ontario, Saskatchewan and Newfoundland
Sudbury, Ontario--(Newsfile Corp. - May 19, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce the commencement of field work on 5 of the Company's priority projects located in Ontario, Newfoundland and Saskatchewan. Company crews have commenced field work in the Sudbury area with plans to move into northwestern Ontario, and Saskatchewan later this summer. The Company is also planning to complete an airborne magnetic survey over the Duntara Copper...
2021-05-19 8:00 AM EDT
Transition Vests 100% Interest in Cryderman Property Located in the Heart of the Shining Tree Gold Camp, Ontario
Sudbury, Ontario--(Newsfile Corp. - May 11, 2021) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce that it has secured a 100% interest in the Cryderman property located in southwest Macmurchy Township, Larder Lake Mining District, Ontario. The property consists of six mining and surface rights leases, totaling approximately 106 hectares which host a system of quartz veining partially exposed around a 40 foot (12.2m) deep historical shaft sunk in 1917...
2021-05-11 9:45 AM EDT
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...
2021-04-08 8:10 AM EDT
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...
2021-03-29 8:00 AM EDT
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...
2021-03-24 10:12 AM EDT
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 8:57 AM EST
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 8:10 AM EST
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...
2021-02-22 8:00 AM EST
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...
2021-01-18 11:54 AM EST
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 10:04 AM EST
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...
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...
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...
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...
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...
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...
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...
2020-10-20 9:41 AM EDT