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Transition Metals and Sudbury Platinum define Highly Conductive Ni-Cu-PGM Drill Targets at the Aer-Kidd Property, in the Sudbury Basin.
SUDBURY, ON , Jan. 16, 2014 /CNW/ - Transition Metals Corp. (XTM - TSX.V)  ("Tra...
About this update from Transition Metals Corp.
[{"type":"text","content":"\n\n\n\n\n\nSUDBURY, ON, Jan. 16, 2014 /CNW/ - Transition Metals Corp. (XTM -\n TSX.V)  (\"Transition\") and it's 83% owned private-subsidiary, Sudbury\n Platinum Corporation (SPC), are pleased to announce initial borehole\n geophysical results from the Aer-Kidd Project, located in the prolific\n Sudbury Basin. The surveys to date have identified two new highly\n conductive drill ready targets in addition to several other highly\n prospective electromagnetic (EM) drill targets. The 2014 exploration\n program will be focused on testing these high quality targets as well\n as expanding the geophysical coverage across the property with\n additional borehole EM surveys.\n\n\nThe 2013 Program\n\n\nNi-Cu-PGM massive sulphide orebodies of Sudbury Igneous Complex (SIC)\n are highly conductive. The portion of the Worthington Offset Dyke that\n transects the Aer-Kidd Property has been subject to previous\n geophysical investigation from surface and boreholes. As part of a\n review of this work SPC identified eleven historic drillholes to be\n re-surveyed.  Of that total, six were re-surveyed with the Lamontagne\n UTEM IV ™ borehole electromagnetic system (BHEM) in 2013.\n\n\nThe highest priority targets were identified in hole W03-08W2. This hole\n was drilled by CaNickel formerly Crowflight Minerals (CML) in 2004 and\n was designed to test the offset dyke at a vertical depth of\n approximately 1,000 metres between the past-producing Robinson Mine and\n the Howland Pit. Due to excessive deviation during drilling, the hole\n failed to intersect the target dyke at depth. Resurveying of the hole\n in December 2013 by SPC revealed two highly conductive targets (Target\n A and Target B illustrated in Figure 1) coincident with the offset\n dyke, 700 metres and 1,050 metres downhole.\n\n\nTarget A: At 790 metres depth, an extremely conductive (>10,000 siemen) off-hole\n anomaly is logged in W03-08W2. The nearest edge of this feature is\n located approximately 20-30 metres up-dip and west of the hole and is\n modelled parallel to the dip of the offset dyke. The source conductor\n is estimated to extend upwards ~220 metres in dip extent and ~160\n metres in strike extent.\n\n\nTarget B: From 1,050 metres to end of hole (1,200 metres), a building high\n conductivity (>2,500 siemen) off-hole conductor is evident in the\n surve...