Transition Metals Corp. · TSXV:XTM
Transition Metals — Corporate Update (March 2023)
13 slides from Transition Metals's corporate update, March 2023
Slide 1: Wollaston Cu Project
Wollaston Cu Project Sediment Hosted Copper Opportunity in Saskatchewan XTM – TSXV | Project Presentation Q1 2023 1
Slide 2: Wollaston Copper Project Overview
Wollaston Copper Project Overview • 175 km2 property staked by Transition covering similar geological environments along strike from Rio Tinto’s Janice Lake project • Cluster of copper showings exposed in bedrock over a 50 km strike length • Only 1 of the historical copper showings (Flag Lake) has b
Slide 3: Past Success at Janice Lake
Past Success at Janice Lake • Janice Lake property staked by Transition in 2012, optioned to Forum Energy Metals in 2018 • Forum entered into $30 million deal with Rio Tinto in 2019 • Rio Tinto has since constructed a 110 km winter haul road to support 50-person year-round exploration camp to explor
Slide 4: Why Copper in Saskatchewan?
Why Copper in Saskatchewan? • Fundamental demand for copper expected to increase Saskatchewan is a top ranked pro-mining as EV market grows jurisdiction • Lack of investment in exploration for new copper deposits expected to exacerbate supply gap World class deposits of Uranium and Potash • Copper p
Slide 5: Wollaston Copper Belt
Wollaston Copper Belt • >800 km long sedimentary belt, analogous to the size of the African Copper Belt • Closed basin architecture, with evidence of evaporites (scapolite), carbonates, and calc- silicates • Extensive red-bed sediments • Hosts stratabound to stratiform Cu sulfide mineralization +\-
Slide 6: Property Geology and Stratigraphy
Property Geology and Stratigraphy XTM:TSXV 6
Slide 7: Wollaston Copper Exploration History
Wollaston Copper Exploration History Porcupine Block (South Block) Fannon Block (North Block) 1970’s 1960-1990 • Wollex – prospecting, mapping and sampling, detailed • D. Partridge discovers copper mineralization geophysics and geochemical surveys focusing on the • 1975 – Saskatchewan Mineral Develo
Slide 8: Fannon – Flag Lake Showing Diamond Drilling
Fannon – Flag Lake Showing Diamond Drilling • 1994 Noranda drilling at Flag Lake shows comparable widths and grades of copper mineralization as at Janice Lake • Drill intercepts of 0.24% copper over 10.82 m and a second intersection of 0.49% copper over 7.4 m within 40 m of surface • 2 mineralized h
Slide 9: 2020 Work Program
2020 Work Program Regional Biogeochemical Sampling • Property scale tree-top biogeochemical survey • ~500 m sample spacing, with tighter infill sampling around known showings • Objective: trace prospective copper bearing stratigraphy under cover, highlight large scale target areas Prospecting, Mappi
Slide 10: Biogeochemical Sampling and Interpretation
Biogeochemical Sampling and Interpretation Red circles represent primary exploration targets or samples with high contrast (>2.5σ) and enriched classifications, while orange circles are secondary targets with moderate contrast (1.5 ↔ 2.5σ) and enriched classifications (Stanley, 2006; Halley et al.,
Slide 11: Wollaston Copper Project Next Steps
Wollaston Copper Project Next Steps Mapping and Sampling • Ground truth geology, (bio)geochemical and geophysical target areas Geophysics • Re-process high resolution airborne data of the Porcupine property block (south block) • Collect high resolution airborne geophysics over the Fannon block (nort
Slide 12: 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 13: 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 Q1 2023 13