Transition Options the High-Grade Cryderman Au Property, Ontario
Sudbury, Ontario--(Newsfile Corp. - May 15, 2019) - 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 Cryderman Gold property located near Shining Tree, Ontario. The property consists of 6 contiguous mining leases cover a historical high-grade lode gold showing where grab samples collected by the Company in 2018 returned values from trace up to 34.5 g Au/t.CEO Scott McLean...
2019-05-15 9:07 AM EDT
Transition Metals: Rio Tinto Exploration Canada Enters into a $30 Million Option Agreement to Explore Janice Lake
Sudbury, Ontario--(Newsfile Corp. - May 9, 2019) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has signed an Option Agreement with Company partner Forum Energy Metals Corp (Forum) to earn an interest in Janice Lake Property (the Property). Janice Lake is currently under option from the Company to Forum and is located approximately 55km southeast of Key Lake Saskatchewan (for full details see Forum news...
2019-05-09 2:00 PM EDT
Transition Metals Completes Geophysical Survey at 100% Owned Saturday Night Platinum-Palladium Project, Thunder Bay, Ontario and Stakes Additional Ground
Sudbury, Ontario--(Newsfile Corp. - May 6, 2019) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company"), is pleased to announce the completion of a ground magnetotellurics (MT) survey and the staking of an additional 235 hectares at the Company's 100% owned Saturday Night Project, located 16 kilometres west of the companies 25% owned Sunday Lake Project (see Figure 1 below) where recent drilling by partner North American Palladium Ltd. intersected 5.51g/t Pt+Pd+Au (PGM; 3.22g/t...
2019-05-06 8:46 AM EDT
Transition Announces Sunday Lake Drill Results Including 41.2m @ 5.51 g/t PGM and 0.57% Cu
Sudbury, Ontario--(Newsfile Corp. - April 29, 2019) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce it has received assay results from the previously disclosed drill program (see XTM press release dated February 12, 2019) conducted by North American Palladium Ltd. (NAP), on the Sunday Lake Platinum-Palladium Project located 25 km north of Thunder Bay, Ontario. NAP holds an option to earn up to a 75% interest in the property from Impala Platinum...
2019-04-29 8:54 AM EDT
Transition Retains thinkHERO for Investor Relations Services
Toronto, Ontario--(Newsfile Corp. - April 24, 2019) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company"), a leading multi-project generator focused on the discovery of mineral deposits in Canada, is pleased to announce it has retained thinkHERO Incorporated ("thinkHERO") to provide the Company with select strategic investor relations services. thinkHERO is an agency based out of Toronto that provides investor relations, marketing, and communications services, with a focus on...
2019-04-24 10:22 AM EDT
Transition Closes Purchase and Sale Agreement with Legendary Ore Mining
Sudbury, Ontario--(Newsfile Corp. - April 15, 2019) - Transition Metals Corp. (TSXV: XTM) ("Transition" or "the Company"), is pleased to announce that it has closed the Purchase & Sale Agreement with Legendary Ore Mining Corporation ("Legendary") whereby Legendary has purchased 100% interest in the Dundonald nickel-copper-platinum group metals project located near Iroquois Falls, Ontario. Legendary is a wholly owned subsidiary of Vanicom Limited ("Vanicom"), an Australian corporation. On...
2019-04-15 8:48 AM EDT
Transition Options Gowganda Gold and Cobalt Project to Battery Mineral Resources Ltd.
Sudbury, Ontario--(Newsfile Corp. - March 12, 2019) - Transition Metals Corp. (TSXV: XTM ) ("Transition" or "the Company"), is pleased to announce that it has executed an Option and Joint Venture Agreement with Battery Minerals Resources Limited ("Battery") whereby Battery can earn a up to an 80% interest in the Gowganda Gold project located 75 kilometres southwest of Kirkland Lake.To earn a 60% interest, Battery must provide option payments totalling $600,000 over 3 years that includes a...
2019-03-12 10:35 AM EDT
Transition Identifies New Gold Targets and Doubles Land Position at Highland Gold
Sudbury, Ontario--(Newsfile Corp. - February 27, 2019) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce that it has staked additional gold targets effectively doubling the size of its Highland Gold project in Cape Breton, Nova Scotia. The staking covers targets within areas interpreted to be structurally and geologically similar to mineralized zones elsewhere on the Highland property, including the Main Zone which returned 9.14m @ 23.22 g/t Au from...
2019-02-27 1:41 PM EST
Transition Outlines Gold in Till Anomalies at Highland Gold, Cape Breton
Sudbury, Ontario--(Newsfile Corp. - February 19, 2019) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce the results from a till geochemical survey conducted over portions of the Highland Gold Project located in Cape Breton, Nova Scotia. The survey has identified three large gold-in-till anomalies consisting of gold grain counts that are in some cases 10 to 30 times higher than average background levels from Nova Scotia¹. The size and location of these...
2019-02-19 9:06 AM EST
Transition Metals Corp. Announces the Commencement of Drilling on Its Sunday Lake PGM Property
Sudbury, Ontario--(Newsfile Corp. - February 12, 2019) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company") is pleased to announce that North American Palladium (NAP) has commenced a diamond drill program at the Sunday Lake Platinum-Palladium (PGM) Property. NAP holds an option to earn up to a 75% interest in the Property and Transition holds a 25% free carried interest through to the completion of a Feasibility Study. Transition was notified by NAP earlier this month of the...
2019-02-12 11:29 AM EST
Transition Options High-Grade Maude Lake Ni-Cu-Co-PGM Property, Ontario
Sudbury, Ontario--(Newsfile Corp. - January 22, 2019) - 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 ~14 square kilometre Maude Lake Ni-Cu-Co-PGM property located near Schreiber, Ontario (Figure 1). The property covers a known high-grade magmatic Ni-Cu-Co-PGM showing where grab samples collected by Novawest Resources Inc. in 2002 were reported to have returned values of up...
2019-01-22 9:07 AM EST
Transition Intersects 9.14 Metres Grading 23.22 Grams per Tonne Gold from RAB Drilling Program at Highland Gold Project, Cape Breton
Sudbury, Ontario--(Newsfile Corp. - January 15, 2019) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce assay results from a Rotary Air Blast (RAB) drilling program completed in Cape Breton, Nova Scotia. Of note, hole TMRB-18-01 intersected 9.14 metres grading 23.22 grams per tonne (g/t) gold including 3.05 metres grading 49.54 g/t (1.6 ounces per tonne gold) at the Main Zone before ending in mineralization at a depth of 21.34 metres. The hole was...
2019-01-15 9:05 AM EST
Transition Issues Incentive Stock Options
Sudbury, Ontario--(Newsfile Corp. - January 9, 2019) - Transition Metals Corp. (TSXV: XTM) ("Transition" or "the Company") announces it has granted a total of 1,950,000 incentive stock options to directors, management and employees of the Company pursuant to the Company's stock option plan and subject to regulatory approval. The options are exercisable for a period of five years at a price of $0.10 per share. The shares issuable upon exercise shall be subject to a four-month hold period from...
2019-01-09 6:20 PM EST
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' fees...
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