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Transition Metals Discovers Additional High Grade Polymetallic Mineralized Zones, and Provides Exploration Update for the Pike Warden Project, Yukon
Prospecting grab samples assay up to 954 g/t Ag, 832 g/t Ag, and 347 g/t Ag Sampling at the ER...
About this update from Transition Metals Corp.
[{"type":"text","content":"Transition Metals Discovers Additional High Grade Polymetallic Mineralized Zones, and Provides Exploration Update for the Pike Warden Project, YukonProspecting grab samples assay up to 954 g/t Ag, 832 g/t Ag, and 347 g/t AgSampling at the ERT has significantly expanded the known mineralized footprint of this target area3 new showings discovered in previously unsampled northeastern portion of the property, highlighting new prospective areasPolymetallic nature of mineralization is encouraging for a larger epithermal systemSudbury, Ontario--(Newsfile Corp. - September 11, 2023) - Transition Metals Corp. (TSXV: XTM) (\"Transition\", \"the Company\") is pleased to provide an update regarding recent exploration work completed on its Pike Warden project (\"the Property\") located near Whitehorse, Yukon. The Company's exploration team, in conjunction with support provided by Archer, Cathro & Associates (1981) Limited, collected a total of 116 rock samples (grab and float samples) and 109 soil samples in July. In addition, remote sensing survey activities previously announced in a press release dated June 24, 2023, have been completed.Scott McLean, P.Geo, CEO of Transition Metals, expressed his enthusiasm regarding progress at Pike Warden this summer, stating \"The latest assay results, which include values as high as 954 g/t Ag, 0.312 g/t Au, and 2.32% Cu continue to reward the dedication of our team for its efforts in the Yukon. We are encouraged that the numerous mineralized zones identified to date are indicative of a large epithermal mineralizing event and look forward to advancing the project this year.\"Sampling ResultsFour new showing areas, dubbed Artemis, Hyperion, Chronos and ERT West; have been identified though recent work (Figure 1). Sampling returned values up to 954 g/t Ag, 0.312 g/t Au, 2.32% Cu, 13.85% Pb, 0.42% Zn, and 0.72% Mo in zones of outcropping and scree mineralization (Table 1). These new zones bring the number of mineralized showings on the Property to a total of 22. Only the ERT Zone has been tested by a limited RC drill program (see Company news release dated January 16, 2023). The Artemis, Hyperion and Chronos showings are new discoveries located in the previously unsampled northeastern portion of the property. This recent sampling at ERT has greatly expanded the known footprint of silver mineralization...