Transition Metals Corp. · TSXV:XTM

Transition Metals — Investor Presentation (November 2013)

27 slides from Transition Metals's investor presentation, November 2013

  1. Slide 1: Multi-commodity Project Generator

    Multi-commodity Project Generator Converting new exploration ideas into Canadian discoveries Au Ni Cu Pt XTM – TSXV Q4 - 2013

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Certain information contained in this presentation, includes information and statements which may contain words such as "could", "plans", "should", "anticipates", "expect", "believe", "will", and similar expressions and statements relating to matters that are not historica

  3. Slide 3: Investment Highlights

    Investment Highlights  Multi-commodity project generator focused in Canada  Transition & HTX Minerals business combination Aug. 14, 2013  Sudbury Platinum Corporation spun out in October, 2013  Award-winning technical team of ore discoverers  30 projects (+2,000km2) with 5 District Plays (Au, C

  4. Slide 4: Exploration Team

    Exploration Team 8 Geoscientists (3 Award Winners) Scott McLean, HBSc. P.Geo. | CEO Kevin Stevens, MSc. P.Geo. | Chief Geophysicist  2004 PDAC Prospector of the Year (Nickel Rim South Mine)  27 years mineral exploration and research geophysics  23 years Falconbridge Canada (Sr. Exploration Manage

  5. Slide 5: Board of Directors

    Board of Directors Scott McLean – H.B.Sc. P.Geo Brian Montgomery – B.A., LL.B  President & CEO Transition Metals  Weaver Simmons (Sudbury)  2004 PDAC Prospector of the Year  40 years Mining, Corporate, Business, Real Estate  25 years in Canada with Falconbridge (previously Sr. law Exploration M

  6. Slide 6: Project Generator Model

    Project Generator Model  Increases probability of new discoveries 100% Operation  Minimizes shareholder equity dilution Commissioning Construction  Leverages partner capital & expertise % of Max. Financing Share Feasibility Price Resource Definition & Pre-feasibility Exploration  Mining Traditio

  7. Slide 7: Evolution of the Project Generator Model

    Evolution of the Project Generator Model  Royalties  Income  Cash  Alliances  Securities  Spin outs  Feasibility  + Funding  Construction  + Investors $320M mkt cap  + Partnerships  Team 28M shares  + Drilling $158M working cap.  Projects  + Discoveries  Alliances  IPO $103M mkt cap

  8. Slide 8: Project Portfolio

    Project Portfolio 30 Projects 2 Strategic Alliances Strategic Alliance: 3 Joint Ventures Nunavut Resources Corp  12 Gold Itchen Lake  16 Ni-Cu-PGE  1 Copper Article 41 Lands  1 Diamonds Strategic Alliance: Implats District Janice Lake Other Projects Homathko Sunday Lake Mayflower Haultain Espano

  9. Slide 9: 5 District Scale Opportunities

    5 District Scale Opportunities Haultain  New Discovery in southern Abitibi – 1 Gold Ontario looking for partner Itchen  Project developed under Strategic 2 Gold Nunavut Alliance developed with the Inuit Janice Lake  Large‐tonnage, near‐surface sediment‐ 3 Copper Saskatchewan hosted copper deposit

  10. Slide 10: #1 Gold: Southern Abitibi

    #1 Gold: Southern Abitibi: Emerging Area in a Prolific District# lA a: be SQ. (ma Kidd Gold 2 rd fa Jumping Moose JV to Abalor Minerals | fi) Elephant Head SEE Pipestone JV to Gowest Gold on ~~ a ete, ~~ _—— at hat PO cae eee, ny Sonar F-poreupine | = ires Queenston Ge 15 Moz @ d5g/t Kirkland Lake -

  11. Slide 11: #1 Gold: Haultain

    #1 Gold: Haultain Kirkland Lake  New syenite hosted gold 25 km 35 Moz discovery in the prolific Abitibi Cadillac - Larder Break Young-Davidson Greenstone Belt 3.8 Moz  New and Emerging Trend in Established mining district with Syenite Intrusions good access, infrastructure Round Lake Batholith N 

  12. Slide 12: #1 Gold: Haultain

    #1 Gold: Haultain High-grade visible gold across +1km  High grade gold at surface: visible gold in 8 of 10 trenches  Syenite hosted: Gowganda Silver camp similar geology & (~80 Moz) alteration to Lake Kirkland Lake & the Haultain Property AuRico Gold Young Haultain West Property Davidson mines (Ac

  13. Slide 13: Strategic Alliance: Nunavut Resources Corp.

    Strategic Alliance: Nunavut Resources Corp. 5-year strategic alliance in the Kitikmeot Region of Nunavut  Combines land owners, who provide the social license, with our exploration team  Inuit-led initiative for mineral exploration  Safe/stable mining-friendly jurisdiction (Canada)  No land clai

  14. Slide 14: #2 Gold: Itchen Lake, Nunavut

    #2 Gold: Itchen Lake, Nunavut Nunavut Resources Corp. Strategic Alliance 365 km NE of Yellowknife  198 km2 property  50:50 ownership with Nunavut Resources Corp.  Target is BIF-hosted gold, similar to Lupin gold deposit (3.36 Moz @ 9.3 g/t, 60 km E of Itchen)  Grab samples up to 49.51 g/t Au, an

  15. Slide 15: #2 Gold: Itchen Lake, Nunavut

    #2 Gold: Itchen Lake, Nunavut 11.8 g/t 75.7 g/t (2012 result) (Historic result) Location Itchen Lake property boundary 59.0 g/t Izok Lake (MMG) (2012 result) 14Mt @ 13%Zn 2.5%Cu Approx. loca on of proposed MMG road 71 g/t Ag 62.0 g/t (Historic result) Gold assays 10 – 100 g/t 2 – 10 g/t N u n WT 1 –

  16. Slide 16: #3 Copper: Janice Lake, Saskatchewan

    #3 Copper: Janice Lake, Saskatchewan Large tonnage, sedimentary-hosted Cu  117 km2 land package  55 km southeast of Key Lake. Key Lake  115  230kV power 914 transmission line crosses ppty Janice Lake Property  Potential for large tonnage, near-surface sediment-hosted copper deposits in >800km l

  17. Slide 17: #3 Copper: Janice Lake, Saskatchewan

    #3 Copper: Janice Lake, Saskatchewan Historical Drilling  7,475 meters  Tested poorly Rafuse Lake Roberts 0.9% Cu / 11.0m 2.4% Cu, 13 g/tAg grab understood geophysical targets Kaz Lake Noranda (’93, ‘94, ‘97) 0.32% Cu / 15.1m Juno & Phelps Dodge (‘03) Janice Lake 1.92% Cu, 32 g/t Ag grab 0.77% Cu

  18. Slide 18: #4 Ni-Cu-PGE: Aer-Kidd, Sudbury

    #4 Ni-Cu-PGE: Aer-Kidd, Sudbury Unique Project in World-class Mining District  Significant potential for +5Mt Ni-Cu-PGM deposit within ~1km of surface  20 km SW of Sudbury  Covers 2 km of the ~10 km long Worthington offset dyke  25 years of past production over the last 100 years  Sudbury Plati

  19. Slide 19: #4 Aer-Kidd: Ni-Cu-PGE

    #4 Aer-Kidd: Ni-Cu-PGE Longitudinal Section Option to Earn 70% Interest North west North east 2.6 km 4.3 km Totten Aer-Kidd Victoria McIntyre Vale Howland Robinson Rosen Vale KGHM (QuadraFNX) Untested Potential At Depth Totten (deep): 10.1 Mt 1.5% Ni, 1.97% Cu, 4.8g/t PGM $6 billion In-situ Value 1.

  20. Slide 20: Strategic Alliance: Implats

    Strategic Alliance: Implats Platinum in Ontario  Implats contributes $5.3 M (2008-2013) towards exploration in the Mid-Continental Area of Interest  Rift region of Ontario  50:50 JVs: Implats retains the right to earn a 3 50% interest in any properties generated or acquired by funding acquisition

  21. Slide 21: #5 PGM's; Sunday Lake

    #5 PGM’s; Sunday LakeSunday Lake Project XTM – TSX.V transitionmetalscorp.com 21 21

  22. Slide 22: #5 Sunday Lake Project

    #5 Sunday Lake Project Platinum 25 km north of Thunder Bay. • 17 km2 property • Optioned from Rio Tinto Exploration Canada (RTEC) • 2011-2012 drilling by RTEC: o Intersected elevated PGM along the basal contact of both the mafic 3.5 km and ultramafic horizons: 3.65m @ 1 g/t PGE from 142 m o Confirme

  23. Slide 23: JV Partner Funding

    JV Partner Funding Joint Venture partners fund exploration, and provide Transition with cash and shares. (Not vested)  Pipestone property (Gold)  April, 2011  Max. 75% interest, within 5 years  $150,000 cash  650,000 shares  $3M expenditure ABALOR (Vested) Minerals (Not vested)  Hele (Platinu

  24. Slide 24: Peer Group Comparison

    Peer Group Comparison Project Generators (N. American Focus) Transition Azimut Miranda Millrock Riverside Midland Focus Gold Gold Nevada, Alaska Gold, Copper Quebec – Au, Copper / Copper Alaska and Arizona Mexico, BC base metals, Base Metals Uranium REE Colombia REE Diamonds # Projects 30 17 16 12 1

  25. Slide 25: Planned News Flow

    Planned News Flow Q4 - 2013 • Nunavut Field Results • Sunday Lake Drill Results • Sudbury Platinum Corporation Geophysics Results • Sudbury Platinum Corporation Financing Q1 - 2014 • Sudbury Platinum Corporation Drilling • New Partnership Agreements • Janice Lake Airborne Geophysics • XTM Financing

  26. Slide 26: Reasons to Invest

    Reasons to Invest  Award winning technical team with proven track record of discovery (62 MT of resources).  5 excellent district scale exploration plays in safe jurisdictions with enhanced discovery opportunities.  Risk is highly mitigated through the project generator business model.  Bottom o

  27. Slide 27: Scott McLean, CEO & Co-founder

    Scott McLean H.B.Sc. P.Geo. CEO & Co-founder smclean@transitionmetalscorp.com #5 - 410 Falconbridge Road Sudbury ON P3A 4S4 Telephone: 705-669-0590 XTM – TSXV transitionmetalscorp.com

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