Transition Metals Corp. · TSXV:XTM
Transition Metals — Investor Presentation (February 2024)
17 slides from Transition Metals's investor presentation, Feb 29, 2024
Slide 1: Critical and Precious Metals Exploration in Canada
Critical and Precious Metals Exploration in Canada XTM – TSXV | Corporate Presentation Q1 2024 1
Slide 2: Why Invest in Transition Metals?
Why Invest in Transition Metals? • New high quality exploration projects in Canada • Added value created by spinouts • Key projects: • Depth of commodity Pike-Warden (Ag-Au-Cu) Saturday Night (PGM) exposure that supports Maude Lake (Ni-Cu-PGM) Multiple green energy discoveries • Mitigation of risk t
Slide 3: Management Team
Management Team SCOTT MCLEAN GREG COLLINS TOM HART BEN WILLIAMS HBSc., P.Geo. BSc. Eng., P.Geo. MSc., P.Geo MSc., P.Geo. CEO & Co-founder COO & Co-founder Principal Geologist Senior Geologist • 2004 PDAC Prospector • Over 25 years experience in • Co-recipient of the • Program management leader explo
Slide 4: Funding vs. Asset Values
Funding vs. Asset Values Funding Sources Since IPO Asset Value Summary (In Millions) $23,066,390 Cash Royalties Goodwill & People Milestone Payments Securities Securities Ownership Summary (>$4.0 Million Value) $4,018,628 Properties Market Cap Estimated Asset Value XTM:TSXV 4
Slide 5: Capital Structure
Capital Structure Share Performance Shares Outstanding 66,977,139 Warrants 4,885,375 Options 4,795,000 Fully Diluted 76,982,264 Tight Capital Trading Fair Value: $0.27 Structure Below Cash Current Price: $0.06 after 15 Years XTM:TSXV 5
Slide 6: Transition Property Portfolio
Transition Property Portfolio Over 1,400 km2 of Property Holdings Au Ni Ag Ontario Cu Ni Opportunity by Primary Commodity Au 12 Ni 9 6 3 21 properties across mining friendly Canada 0 XTM:TSXV Au Cu PGM Ni U Ag 6
Slide 7: Pike Warden Project Location
Pike Warden Dawson Casino Project Location Range Minto Carmacks Catch (NEW) • Pike Warden situated on the margins of one of the largest collapsed caldera complexes in the Canadian Cordillera – the Bennett Lake complex near Yukon/British Columbia border Pike Warden Shaft • Under-explored gap on margi
Slide 8: Pike Warden Project Overview
Pike Warden Project Overview • Emerging Epithermal Au-Ag/Porphyry Copper System • Located 65km southwest of Whitehorse in traditional territory of Carcross-Tagish FN • Sampling of outcrop and scree completed since 2019 has led to the discovery of more than 25 new zones of polymetallic mineralization
Slide 9: Thunder Bay Area
Thunder Bay Area PGM-Ni-Cu Projects Sunday Lake Saturday Night • PGM + Ni + Cu discovery made by XTM • PGM + Ni + Cu Transition Metals and Implats in 2013 discovery made in 2017 • 16km southwest of Sunday Lake in • 25% XTM, 75% Impats/Impala Canada JV similar geology to other advanced stage • Enough
Slide 10: Thunder Bay Area
Thunder Bay Area Early Rift Intrusions • Sunday Lake & Saturday Night are two of largest known “early” mid continental rift related intrusions in Thunder Bay area • Similar age to Lundin’s Eagle mine in Michigan, Talon Resources Tamarack project in Minnesota and Clean Air Metals, Thunder Bay North d
Slide 11: Sunday Lake Drilling
Sunday Lake Drilling Section 5389800mN Section 5391100mN *Select intercepts from drilling at Sunday Lake • Semi continuous zones of mineralization at the base of the Sunday Lake intrusion carrying grades in the 5.0- 8.0 g/t combined PGM’s (Pt+Pd_Au) over 5-10 metres • Occur within more continuous zo
Slide 12: Saturday Night Discovery
Saturday Night Discovery Drilling Confirmed Mineralization • SN-16-001: (601 m, Az: 030°, Dip: -89°) • Intersected a buried mafic to ultramafic layered intrusion over a core length of 225.25 metres • from 287.7 m to 513.25 m SN-16-001 • Geochemically, the intersected intrusion is identical to both t
Slide 13: Maude Lake Ni-Cu-PGM
Maude Lake Ni-Cu-PGM Northwestern Ontario • Emerging large, high tenor Ni-Cu-Co-PGM magmatic sulphide system located 10 km north of Schreiber Ontario • Historical drilling in the 1960’s outlined a 185,000 t non- 43-101 compliant resource grading 0.49%Ni, 0.26% Cu • Grab and channel sampling returned
Slide 14: Maude Lake Drilling Outlines
Maude Lake Drilling Outlines Near Surface High Tenor Ni-Cu Resources • Near surface drilling has outlined a ~300 x 100m x 10 to 20m thick zone of Ni-Cu mineralization along basal contact of intrusion • Average grades ~0.4% Ni, 0.3% Cu, values > 2.16% Ni, 0.52% Cu over narrow intervals • Increased gr
Slide 15: Spinouts: Value Creation and Upside
Spinouts: Value Creation and Upside • Focused on high-quality Ni-Cu-PGM assets in the • 100% ownership in more than 365 km2 of top- heart of the world-class Sudbury Mining Camp tier gold exploration properties in the prolific Abitibi Greenstone Belt • 30mT Maiden Resources Reported in 2024 at • One
Slide 16: Upcoming Catalysts
Upcoming Catalysts • EXPLORATION FOCUS Pike Warden (Au-Ag-Cu) Saturday Night (PGM) Maude Lake (Ni-Cu-Co-PGM) • DEAL FLOW Securing joint-venture partners to fund drilling and exploration work of other projects • PROGRESSS WITH SPINOUTS SPC Nickel: drill results, resource estimate Canadian Gold Miner:
Slide 17: Critical and Precious Metals Exploration in Canada
Critical and Precious Metals Exploration in Canada Scott McLean HBSc., P.Geo. CEO & Co-founder smclean@transitionmetalscorp.com 9C – 1351 Kelly Lake Road Sudbury ON P3E 5P5 Telephone: 705-669-0590 Q1 2024 17
Transition Metals — Investor Presentation (February 2024) on 6ix