Transition Metals Corp. · TSXV:XTM
Transition Metals — Investor Presentation (May 2023)
21 slides from Transition Metals's investor presentation, May 2023
Slide 1: Critical and Precious Metals Exploration in Canada
Critical and Precious Metals Exploration in Canada XTM – TSXV | Q2 2023 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 Maude Lake (Ni-Cu-PGM) exposure that supports Pike-Warden (Ag-Au-Cu) Multiple green energy discoveries • Mitigation of risk through • News flow fr
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: Key Project #1 - Maude Lake Ni-Cu-PGM
Key Project #1 - 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
Slide 5: Maude Lake
Maude Lake Mag/EM Survey Highlights Large Targets Geophysical modeling suggests potential for a much larger mafic intrusion, measuring approximately 1,000 metres wide, up to 500 metres thick, extending for approximately 2.5 kilometres to the southeast, and open at depth. XTM:TSXV 5
Slide 6: 2022 Drilling intersects large zone of semi-continuous mineralization
2022 Drilling intersects large zone of semi- continuous mineralization • Three diamond drill holes for 561 metres completed in September • Targeted a 300 x 500 metre conductive anomaly, down-dip of known near-surface mineralization • Significant intervals of high tenor Ni-Cu-Co and PGM mineralizatio
Slide 7: Winter 2023
Winter 2023 Borehole EM Detects Large Off-hole Conductor Borehole EM Surveys Outline of Strong • Borehole surveys detect a large untested off-hole Magnetic Response conductor from hole ML-22-03 at a depth of 160 metres downhole. • ML-22-03 is the furthest step-out hole drilled which evaluates the hi
Slide 8: Size Potential
Size Potential Highest grade thickness trend • Basal contact of this large mafic ML-22-02 intrusion hosts widespread high tenor nickel sulphide mineralization. ML-22-01 • Conductivity increasing with depth. ML-22-03 • Increased grade thickness trend Strongest magnetic corresponds to strongest magnet
Slide 9: Key Project #2 - Pike Warden
Key Project #2 - Pike Warden New Au-Ag-Cu Epithermal-Porphyry System - Yukon Territory • Emerging epithermal Au-Ag system with potential for porphyry copper near Whitehorse, Yukon • Work in last 3 years has resulted in the discovery of >18 new zones of high-grade gold, silver, copper, and lead miner
Slide 10: Giant Collapsed Caldera
Giant Collapsed Caldera On Border of BC and Yukon • Property situated along the northern margin of a 30 kilometre diameter collapsed caldera structure associated with the Bennett Lake Volcanic Complex (BLVC) • The BLVC is responsible for eruption of the Eocene age Mt. Skukum Group volcanics hosting
Slide 11: Pike Warden
Pike Warden Different Styles of Mineralization • Intermediate sulphidation style veining • Crustiform/vuggy base metal enriched veining hosting ERT Setting? bonanza grades of gold and silver • Silver Train: grab samples returned up to 2.32% Cu and 1.80 g/t Ag • Pb-Au Saddle: grab samples reached pea
Slide 12: Pike Warden – ERT Discovery
Pike Warden – ERT Discovery 2022 Inaugural Drilling Program • 16.76 metres grading 88.01 g/t Ag including 1.5 metres grading 468 g/t Ag in hole 22-PW-01 • 21.34 metres grading 91.43 g/t Ag including 1.5 metres grading 362 g/t Ag in hole 22-PW-02 • 12.19 metres grading 46.2 g/t Ag including 1.5 metre
Slide 13: Pike Warden – ERT Discovery
Pike Warden – ERT Discovery Large High Grade Silver Zone at Surface – Copper Gold Potential at Depth ERT Drilling View Looking SW • Drilling intersected 2 mineralized shear zones located 70 metre south of major collapse structure, and located within a 800-metre-long soil anomaly 800m trend of • Othe
Slide 14: Spinouts – Value Creation and Upside
Spinouts – Value Creation and Upside • Focused on high-quality Ni-Cu-PGM assets in • 100% ownership in more than 365 km2 of top- the heart of the world-class Sudbury Mining tier gold exploration properties in the prolific Abitibi Greenstone Belt Camp • One of largest land holders of prospective • 10
Slide 15: Lockerby East Property
LOCKERBY EAST PROPERTY ❖ Acquired in 2016, the Lockerby East Property consists of five mining patents covering 390 Ha. ❖ SPC has entered into an Agreement with Vale to earn an 100% interest in the Crean Hill 3 Property. ❖ Lockerby East Property hosts the past producing Lockerby East Mine and the lar
Slide 16: Spinout #2: Canadian Gold Miner
Spinout #2: CANADIAN GOLD MINER • 100% ownership in +200 square kilometers in the heart of Kirkland Lake Mining Camp, Ontario • Near complete coverage of the Lincoln Nipissing Shear Zone (LNSZ) – one of two major structures in the Camp • Located <15 km south of the Cadillac-Larder Break (CLLB)* • Ex
Slide 17: The Next Spinout
The Next Spinout Thunder Bay PGM Opportunity Sunday Lake Project Saturday Night Project :“ • High grade PGM + Ni + Cu, • PGM + Ni + Cu Transition Metals discovery made by XTM and discovery made in 2017, 16 Implats in 2013 kilometres southwest of Sunday Lake • 25% XTM, 75% Impats/Impala Canada JV • S
Slide 18: Capital Structure
Capital Structure Share Performance Shares Outstanding 57,206,389 Warrants 0 Options 4,795,000 Fully Diluted 62,001,390 Tight Capital Trading Fair Value: $0.27 Structure Below Cash Current Price: $0.09 after 10 Years XTM:TSXV 18
Slide 19: Funding vs. Asset Values
Funding vs. Asset Values Funding Sources Since IPO Asset Value Summary (In Millions) $22,225,180 Cash Royalties Goodwill & People Milestone Payments Securities Securities Ownership Summary (>$4.5 Million Value) $5,130,000 Properties Market Cap Estimated Asset Value XTM:TSXV 19
Slide 20: Upcoming Catalysts
Upcoming Catalysts • EXPLORATION FOCUS Maude Lake (Ni-Cu-Co-PGM) Pike Warden (Au-Ag-Cu) • POTENTIAL SPINOUT Sunday Lake & Saturday Night (PGM) • DEAL FLOW Securing joint-venture partners to fund drilling and exploration work of other projects • PROGRESSS WITH SPINOUTS SPC Nickel: drill results, reso
Slide 21: 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 Q2 2023 21