Transition Metals Corp. · TSXV:XTM
Transition Metals — Corporate Update (January 2022)
16 slides from Transition Metals's corporate update, January 2022
Slide 1: Mitigating Risk. Multiplying Opportunities.
Mitigating Risk. Multiplying Opportunities. XTM – TSXV | Jolly Gold Project Q4 2021 1
Slide 2: Project Summary
Project Summary • The next camp scale gold opportunity along the Geraldton-Beardmore greenstone belt. • Greenfield exploration stage project with high-grade gold, and base metal potential. • Large 100% owned and optioned consolidated land package. • Safe mining jurisdiction located north of Thunder
Slide 3: Location and Regional Geology
Location and Regional Geology • The property is located 116 km north of Thunder Bay following Highway 17 and then Highway 527 • The property consists of staked and optioned mining claims combining for a contiguous 46 km² land position • The project lies within the Eastern Wabigoon Terrane • The prop
Slide 4: Exploration History
Exploration History • 16 diamond drill holes were completed for base metal exploration between 1966 and 1972 testing magnetic anomalies thought to be associated to volcanogenic massive sulfide horizons • The Lac des Iles Area was mapped by E.G. Pye in 1967 on behalf of the Ontario Department of Mine
Slide 5: 2021 XTM Work Programme
2021 XTM Work Programme • High-resolution airborne magnetics survey • Property-wide, first-pass prospecting and verification mapping • Re-mapping and channel sampling of historical Fat Beagle trench • Mobile Metal Ion (MMI) orientation survey over 73 hectares, focused on the historical Au showings (
Slide 6: 2021 Prospecting and Mapping
2021 Prospecting and Mapping • 82 grab samples were collected and submitted for assay • No significant gold assays returned from sampling • One sample returned 1.35% zinc, which is associated to a horizon of massive sulfide in an intermediate 1.35% Zn to felsic volcanic host • Outcrop is sparse, wit
Slide 7: Trench Mapping
Trench Mapping • In July 2021 XTM cut and assayed 114 channel samples from 58 channels at the Fat Beagle Showing • Best value: 146.5 g/t Au over 0.41m • The trench of northeast trending basalt, with thin lenses of quartz sandstone, and crosscut by north trending diabase dykes • The majority of the o
Slide 8: Rock Geochemistry
Rock Geochemistry • Similar to the Brookbank Mine there appears to be gold associations with copper, molybdenum, and lead, with no apparent arsenic association. • There also appears to be a change in chemistry across an apparent structure in the trench. • Basalts hosting the high-grade mineralizatio
Slide 9: Soil Geochemistry
Soil Geochemistry Fat Beagle Trench • As an orientation survey, 79 Soil samples collected from 20 cm to 40 cm below the organic horizon and Felsic Volcanic Mafic Intrusive submitted to SGS for MMI analysis. Iron Formation • From first pass gold appears to be elevated around the Fat Beagle Diabase tr
Slide 10: Soil Geochemistry
Soil Geochemistry • 79 sample Mobile Metal Ion or (MMI) orientation soil survey completed around the Fat Beagle and Trench 2 showing areas. • Results highlight two 300 m long, multi-element geochemical S085 anomalies: S083 ► Proximal to the Fat Beagle S039 0m gold showing (where 30 S025 channel samp
Slide 11: Next Steps
Next Steps ► Re-analysis of select grab sample and channel sample pulps by pXRF for inexpensive whole rock data for alteration assemblage mapping ► Open 1 to 4 trenches based on the MMI orientation survey results ► Expand MMI survey combined with bark or twig biogeochemistry by INAA method for Au an
Slide 12: Proposed Trenching Targets
Proposed Trenching Targets • 4 Trenching targets identified over Fat Beagle Trench MMI anomalies. • S013, highest response ratio for gold with associated silver, copper, and calcium response overlap. S085 • S039, second highest response Felsic Volcanic ratio for gold, with associated Mafic Intrusive
Slide 13: More Drilling Required at Fat Beagle
More Drilling Required at Fat Beagle MMI Surface Expression of • MMI sample S039 could represent a mineralized Zone 3 horizon? surface expression of the S039 mineralization in Zone 3 defined by Zone 4 intersections within DDH SL12-003 Zone 3 and SL12-005. Zone 1 • The surface expression of Zone 4 is
Slide 14: Proposed MMI Reduced Grid
Proposed MMI Reduced Grid • 5794 Unique sample stations • 50 m sample spacing, 100 m line spacing. • Sample density is reduced over areas covered by diabase and areas more distal to the central structure to 100 m sample spacing and 100 m line spacing. XTM:TSXV 14
Slide 15: 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", “upcoming” and similar expressions and statements relating to matters that are no
Slide 16: Mitigating Risk. Multiplying Opportunities.
Mitigating Risk. Scott McLean HBSc., P.Geo. Multiplying CEO & Co-founder smclean@transitionmetalscorp.com Opportunities. 9C – 1351 Kelly Lake Road Sudbury ON P3E 5P5 Telephone: 705-669-0590 Q4 2021 16