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Transition Provides Update on Pike Warden Au-Ag-Cu Project, Yukon
Highlights Preliminary results from mineral cluster analysis study identify a large domain as...
About this update from Transition Metals Corp.
[{"type":"text","content":"Transition Provides Update on Pike Warden Au-Ag-Cu Project, YukonHighlightsPreliminary results from mineral cluster analysis study identify a large domain associated with the highest gold and silver concentrations, suggesting mineralizing system is large and spans the entire sampled areaTransition renews option agreement and prepares for 2023 work programSudbury, Ontario--(Newsfile Corp. - March 2, 2023) -  Transition Metals Corp  (TSXV: XTM) (\"Transition\", \"the Company\") is pleased to provide an update on its Pike Warden Au-Ag-Cu Property located approximately 65 kilometres southwest of Whitehorse (Figure 1). In January, the Company disclosed results from the first ever program of drilling completed on the property which returned significant silver values (see Company release dated January 16th, 2023). The Company considers the Pike Warden project to be one of its key value creating projects for 2023. Highlights of work currently in progress, and achievements of 2023 thus far, include significant progress with the initiation of a mineralogical study, data interpretation, magnetic modeling, exploration permitting, and logistical planning. Company representatives will be on hand at Booth #2126 in the Investors Exchange at the 2023 PDAC Mining Convention to be held from March 5-8, 2023 at the Metro Toronto Convention Centre (MTCC), Toronto, Canada.Dr. Bill Pearson P.Geo., technical advisor to the Company, who recommended this approach for an early-stage assessment of the potential for a large mineralizing system at Pike Warden, stated that: \"The initial results for the synchrotron work performed by LISA CAN are very encouraging as they suggest the numerous showings are part of a much larger mineralizing system and that the surface showings are likely nearer the top of the system. This approach was very helpful for the early-stage assessment at Eloro's Iska Iska silver-tin polymetallic project in Bolivia.\"Exploration Plans for 2023The Company intends to complete a program of work consisting of systematic prospecting, mapping, and hand trenching across the property to follow up on results acquired in 2022. This work aims to further define and discover additional structural trends, alteration footprints, and zones of mineralization, particularly in the underexplored northern claims which were not worked in 2022. ...