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Transition and Aldershot Commence Drilling on the Gowganda Gold Project
Transition and Aldershot Commence Drilling on the Gowganda Gold Project Canada New...
About this update from Transition Metals Corp.
[{"type":"text","content":"\n\n\n\nTransition and Aldershot Commence Drilling on the Gowganda Gold Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSUDBURY, ON, Jan. 31, 2017\n\n\n\nSUDBURY, ON, Jan. 31, 2017 /CNW/ - Transition Metals Corp. (XTM – TSX.V) (\"Transition\" or \"the Company\"), is pleased to announce that drilling is now underway on the Gowganda Gold project located 75 kilometres southwest of Kirkland Lake Ontario. The objective of the current drill program is to test high priority gold targets associated with mineralized and altered syenite and gold veins identified from surface trenching and previous drilling as detailed below. One drill is turning with plans to complete approximately 1,500 metres of drilling by early March 2017. \n\n\n \n \n\n \nCompany CEO and president, Scott McLean commented, \"We are pleased to be advancing this project in partnership with Aldershot. The team has done a great job towards identifying some exciting gold targets. We look forward to results from this program as they become available over the coming weeks.\"\n\nPrior Work:\n\nIn 2010, results from Gowganda area prospector Sherry Swain encouraged Transition Metals to undertake a program of mechanical overburden stripping to better expose the bedrock geology on in an area located approximately 1.5 kilometres west of the historic Gowganda silver camp and 2 kilometres north of the town of Gowganda in Haultain Township, Ontario. This work led to the identification of an Archean syenite associated gold system that the Company named the Haultain Gold Discovery. \n\nSince the initial discovery was made, additional claims were staked or acquired to cover other areas with identified gold and silver potential. The project area now consists of mining claims totaling approximately 3,520 hectares centrally located about Hwy 560 adjacent to the unorganized municipality of Gowganda Ontario in Nicol, Haultain, Milner, and Van Hise townships, Larder Lake Mining Division and is more generally referred to as the Gowganda Gold Project.\n\nSince discovery in 2010, Transition has completed...