Slide 1: Bancroft Ni-Cu-Co-PGM
Bancroft Ni-Cu-Co-PGM Potential for Nova Bollinger Style Nickel Mineralization in Southern Ontario Au Ni Cu Co Pt Pd
Slide 2: Bancroft property overview: 5,925 hectares of mining claims
! 5,925 hectares of mining claims ! Located in Southern Mining District, 2 hour drive northeast of Toronto with good property access, and infrastructure ! Acquired from First Nickel Inc. out of receivership in 2016 ! First Nickel spent $5 million developing targets and drilling ~7,500 metres ! Disco
Slide 3: Ni-Cu-Co-PGM's in the Grenville
Ni-Cu-Co-PGM’s in the Grenville Espedalen Muskox Voisey’s Bay MCR Bancroft Property Nova-Bollinger 3
Slide 4: Ni-Cu-Co-PGM mineralization in similar environments
! Ni-Cu-Co-PGM mineralization ! A number of significant new nickel have associated with wide range of ages, come from rocks of this time period parental magma compositions, host ! Recent discoveries in similar units, geometries, and tectonic settings environments (Nova Bollinger – Australia, Eagle –
Slide 5: Little previous exploration; magmatic and polymetallic potential
! Little previous exploration has been done in Central Metasedimentary belt with the benefit of modern methods – Patchwork of private and public lands – History of settlement, farming and logging ! Magmatic Ni-Cu-Co PGM potential – Historic occurrences of magmatic nickel-copper mineralization contai
Slide 6: Central Metasedimentary Belt of the Grenville province
! The properties lie within the Central Metasedimentary Belt of the Grenville province. ! The Belt is subdivided into the Boundary zone and Bancroft Terrane, Elzevir Terrane, Sharbot Lake Terrane and Frontenac Terrane. ! The Elzevir Terrane rocks G2 have typically underwent upper greenschist to amph
Slide 7: Slide 6 G2 What about the Bancroft and Sharbot lake terrains?
Slide 6 G2 What about the Bancroft and Sharbot lake terrains? Why is this information helpful to the reader? - dynamic structural history of rifting/accretion? should be favourable for economic deposit formation? -what types of deposits, how? maybe link to Greg, 21/12/2018
Slide 8: Raglan Hills and Limerick
! Raglan Hills – Platinum –palladium discovery made in 2009 by First Nickel Incorporated At the ML North Claims Showing opening up a new target areas for prospecting. – Historical sampling of up to 256 g/t Pt+Pd over 0.5m – Drilling results include intersections of 5.05 metres averaging 1.98 g/t PGM
Slide 9: Ni-Cu-PGM mineralization hosted in gabbro and metasediment
FNB009 5.05m 1.978g/t Pt+Pd ! Ni-Cu-PGM mineralization hosted within a gabbro and clastic metasediment FNB010 6.00m 1.337g/t Pt+Pd ! Property covers historic Ni-Cu-PGM showings and newer discoveries made by First Nickel. 256ppm Pt+Pd over 0.5m in Gabbro (Mangrove Bay) FNB004 5.80m 0.47% Ni, 0.64%Cu,
Slide 10: Base Regional Geology Map: MRD126-REV1
Mylonitic structural boundary between the Bancroft Terrane and Belmont Domain of the Elzevir Terrane. 4km geophysics anomaly partially tested by drilling and not defined to the north. 800m by 200m geophysics anomaly, partially tested by historic drilling. Base Regional Geology Map: MRD126-REV1 9
Slide 11: Macassa Nickel Deposits
FNB105 1m semi-massive sulfide Sulfide rich metasediments FNB116 0.986 ppm Au grab sample FNB114 semi-massive sulfide over 60cm within metabasites Macassa Nickel Deposits (3.5 Mt @ 0.8% Ni, 0.25% Cu, 0.05% Co) 10
Slide 12: Seeking a partner to advance these properties
! Transition Metals is seeking a partner to help advance these properties ! Raglan Hills – Re-sampling and review of core for geochemical analysis, contact relationships and structural interpretation – Diamond drilling to follow up best results at depth and along strike ! Limerick Property – Drill t
Slide 13: transitionmetalscorp.com
transitionmetalscorp.com #5 - 410 Falconbridge Road Sudbury ON P3A 4S4 Telephone: 705-669-0590 gcollins@transitionmetalscorp.com