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Transition Metals Completes ZTEM Survey and Initiates Field Program at Pike Warden, Yukon
Preliminary helicopter airborne AFMAG and magnetics survey highlights large features which appear...
About this update from Transition Metals Corp.
[{"type":"text","content":"\nTransition Metals Completes ZTEM Survey and Initiates Field Program at Pike Warden, YukonPreliminary helicopter airborne AFMAG and magnetics survey highlights large features which appear to be coincident with both collapse structures and known zones hosting copper mineralization at surface.Field crews mobilized for detailed mapping program and to ground truth target areas in preparation for drilling.Sudbury, Ontario--(Newsfile Corp. - July 22, 2024) - Transition Metals Corp. (TSXV: XTM) (\"Transition\", \"the Company\") reports that Geotech Ltd. has completed the approximate 650-line kilometre (km) helicopter borne, Z-Axis Tipper Electromagnetic system (ZTEM™) survey flown over Pike Warden (\"the Property\")(see news release dated June 11, 2024). Transition has engaged Condor North Consulting ULC (\"Condor\"), recognized experts in the field of geophysical data processing and interpretation. Condor's services have been retained to perform a detailed interpretation of the results and their final report regarding the significance of the survey is pending. The audio-frequency magnetic (AFMAG) data from this survey will be used to create 3-D subsurface resistivity as well as complimentary magnetic inversion models to characterize the extent of and prioritize prospective targets on the Property.In addition, the Company is pleased to announce that it has initiated a program of boots-on-the-ground field work at Pike Warden. Work to date has highlighted four primary target areas the Company believes hold potential to host economic polymetallic systems (Figure 1). The ERT Zone, highlighted in yellow, hosts high sulphidation epithermal style gold/silver mineralization associated with an over two-kilometre-long trend of elevated silver-in-soil and silver-in-rock geochemical anomalies. The three areas highlighted in red, consisting of Copper North, Silver Train, and Olympus target zones, all show potential to host copper porphyry systems. Within these target zones, recent trace element geochemical and petrographic studies have highlighted the prospectivity for porphyry style copper-molybdenum mineralization (see news release dated May 29, 2024).The field program will include detailed geological mapping, particularly around the potential porphyry target centres, with a focus on fracture density, vein styles, dike types, alteration a...