Transition Metals Corp. · TSXV:XTM
Transition Metals — Technical Presentation (2021)
18 slides from Transition Metals's technical presentation, 2021
Slide 1: Saturday Night PGM Project Highlights
SATURDAY NIGHT PGM PROJECT HIGHLIGHTS XTM – TSXV | Q1 2021 INVEST IN TOMORROW, TODAY. XTM – TSXV | Q1 2021 1
Slide 2: Saturday Night Project Key Points
SATURDAY NIGHT PROJECT KEY POINTS • LOCATED IN THE EMERGING PGM-CU-NI DISTRICT OF THE MIDCONTINENTAL RIFT • 100% OWNED BY TRANSITION METALS • LOCATED 25 KM NORTHWEST OF THE CITY OF THUNDER BAY AND 16 KM SOUTHWEST OF THE SUNDAY LAKE PROJECT • SIMILAR GEOLOGICAL ENVIRONMENT AS OTHER MORE ADVANCED PGM-
Slide 3: Saturday Night Project: Excellent location close to infrastructure
SATURDAY NIGHT PROJECT Excellent location close to infrastructure and other more advanced 40% CGM Ownership = $3.2 M projects + 30% SPC Ownership = $3 M + 9% Forum Energy Metals Ownership = $350K + 0.4% Solo Growth Corp Ownership = $186K INVEST IN TOMORROW, TODAY. XTM – TSXV | Q1 2021 3
Slide 4: Similar geological environment as other well-mineralized intrusions
SATURDAY NIGHT PROJECT Similar geological environment as other well- mineralized intrusions Transition 40% CGM Ownership = $3.2 M from ortho- to + paragneiss 30% SPC Ownership = $3 M + 9% Forum Energy Metals Ownership = $350K + 0.4% Solo Growth Corp Ownership = $186K INVEST IN TOMORROW, TODAY. X
Slide 5: Sunday Lake, TBN Project, Saturday Night
Sunday Lake TBN Project SATURDAY NIGHT PROJECT Saturday Night Similar negative magnetic signature as other well- mineralized intrusions Thunder INVEST IN TOMORROW, TODAY. XTM – TSXV | Q1 2021 5
Slide 6: Work History
WORK HISTORY • April 2015: staked 3 claim for 32 units to cover the main SATURDAY magnetic anomaly NIGHT PROJECT • October 2015: Received MNDM approved Plan and Permit (valid for 3 yrs.) • April 2016: Applied and was approved for the Junior Exploration Assistance Program (JEAP) • June 2016: Initiate
Slide 7: Ground Magnetics
GROUND MAGNETICS SATURDAY NIGHT PROJECT Strong reversely polarized magnetic anomaly 40% CGM Ownership = $3.2 M + 30% SPC Ownership = $3 M + 9% Forum Energy Metals Ownership = $350K + 0.4% Solo Growth Corp Ownership = $186K INVEST IN TOMORROW, TODAY. XTM – TSXV | Q1 2021 7
Slide 8: Drill Results
DRILL RESULTS • SN-16-001: (601 m: -89°/30°) Intersected a buried mafic to SATURDAY NIGHT ultramafic layered intrusion over a core length of 225.25 m from PROJECT 287.7 to 513.25 m A total of 601 m • Geochemically the intersected intrusion is identical to both the completed Sunday Lake and Thunder
Slide 9: MT Survey
MT SURVEY A - west B - east SATURDAY NIGHT PROJECT 37 MT station collected 1 Hz – 40k Hz Sunday Lake survey shown to be very effective for 40% CGM Ownership = $3.2 M locating + potential 30% SPC Ownership = $3 M + mineralization 9% Forum Energy Metals Ownership = $350K Note: Bubbles Looking 10
Slide 10: MT Survey
MT SURVEY Legend MT inversion point MT survey site Section 5391100mN SN-16-001 Section 5389800mN INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2021 10
Slide 11: Section – 5389800mN
SECTION – 5389800mN West East Overburden Section 5391100mN Hangingwall SN-16-001 Section 5390400mN Possible Intrusion? Legend 0-400 Ohm-m 400-500 Ohm-m 500-1000 Ohm-m 1000-1500 Ohm-m INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2021 11
Slide 12: Section – 5391100mN
SECTION – 5391100mN Looking North West East Overburden Hangingwall Possible Intrusion? Legend 0-400 Ohm-m 400-500 Ohm-m 500-1000 Ohm-m 1000-1500 Ohm-m INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2021 12
Slide 13: MT Results
MT RESULTS • The MT survey indicates that the Saturday Night intrusion is SATURDAY NIGHT much larger than previously interpreted from the magnetic data PROJECT • The intrusion appears to extend in all directions and potentially extending to a depth of 1000m vertical • Similar to Sunday Lake, the sur
Slide 14: Additional Work Proposed
ADDITIONAL WORK PROPOSED • Additional Ground Magnetics: Expand the survey to the SATURDAY NIGHT north and west PROJECT • Additional Ground MT: Expand the survey to the north and west. Survey to lower frequencies • Borehole Physical Properties: Integrate data into magnetic inversion model • Borehole
Slide 15: Comparison
COMPARISON Saturday Night Sunday Lake Ownership 100% XTM 25% Carried Interest SATURDAY NIGHT Age Proterozoic – MCR related. No date. Proterozoic – MCR related, 1103.5Ma. PROJECT Size 800m by 500m (based on ground 1.25km by 1.75 km, 200-800m thick. magnetics, 225m thick. Geology Layered mafic to ultr
Slide 16: Comparison
COMPARISON SATURDAY NIGHT PROJECT Sunday Lake has high value mineralization Saturday Night mineralization is comparable 6.89 g/t PtEq, 40% CGM Ownership = $3.2 M 0.56% Cu + Based on 2019 30% SPC Ownership = $3 M + prices 9% Forum Energy Metals Ownership = $350K + 0.4% Solo Growth Corp Owners
Slide 17: Forward-Looking Statements
Certain information contained in this presentation, includes information and FORWARD- statements which may contain words such as "could", "plans", "should", LOOKING "anticipates", "expect", "believe", "will", and similar expressions and statements STATEMENTS relating to matters that are not historic
Slide 18: Scott McLean P.Geo.
Scott McLean P.Geo. CEO & Co-founder smclean@transitionmetalscorp.com #5 - 410 Falconbridge Road Sudbury ON P3A 4S4 Telephone: 705-669-0590 INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2021 18