Transition Metals Corp. · TSXV:XTM
Transition Metals — Corporate Update (January 2019)
14 slides from Transition Metals's corporate update, Jan 16, 2019
Slide 1: Highland Gold Project, Cape Breton, Nova Scotia
Highland Gold Project Cape Breton, Nova Scotia Webinar: January 16, 2019 Au Ni Cu Co Pt Pd
Slide 2: 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", ADVENTURE "anticipates", "expect", "believe", "will", and similar expressions and statements relating to matters that are no
Slide 3: Highland Gold Introduction
Highland Gold Introduction ! Property optioned from award winning Nova Scotia prospector Joe Richman in August 2018 ! Transition maintains option to acquire 100% interest subject to 2% NSR, which 1.0% can be purchased for $1.25 million ! Large regional stream sediment gold anomaly outlined in the 19
Slide 4: Project Timeline
Project Timeline ! September 20, 2018 “Transition Options High Grade Gold Opportunity in Nova Scotia” ! September 27, 2018 “Transition Stakes Additional Ground and Initiates Airborne Geophysical Survey on Highland Gold Property” ! November 13, 2018 “Transition Begins Drilling to Test Promising Gold
Slide 5: Highlands Regional Geology
Highlands Regional Geology • Suture between Ordovician - Silurian volcanics and sediments of Ganderia, and Late Proterozoic sediments, volcanics, and intrusives of Avalonia • The Avalon composite terrain is known to host both Orogenic (mesothermal) and Epithermal styles of gold – Brewer Mine SC (0.2
Slide 6: Work Completed to Date
Work Completed to Date ! 30+ bedrock showings with high grade grab samples • 3,000 tonne bulk sample with 26 g/t head grade Legend Property Outline processed in early 2,000’s at Main Zone Gold Occurrence • 9 showing areas returned grab samples greater Zone 10 than 8 g/t, 23 greater than 1.7 g/t, 104
Slide 7: Highlights Potential for Large Scale System
Highlights Potential for Large Scale System Highland Gold Project • Compelling evidence for big Cape Breton, Nova Scotia Project system Location " Intense epidote, qtz, albite, sericite alteration " Consistent with propylitic style of alteration associated with deeper portions of a high sulphidation
Slide 8: 2018 RAB Drilling Program
2018 RAB Drilling Program • Historical diamond drilling plagued by poor core recoveries (Hole HL14-01 at Zone 6A returned 4.95 g/t Au over 3.0 m, but only 80cm of core recovered) • Transition used RAB Drill (Rotary Air Blast) supplied by Groundtruth Exploration to test targets associated with extens
Slide 9: 2018 RAB Drill Results
2018 RAB Drill Results Hole ID Easting Northing Length Azimuth Dip From (m) To (m) Length (m) Au (g/t) TMRB-18-01 673457 5152980 21.34 0 -90 12.19 21.34 9.14 23.22 Including 673467 5152980 13.72 0 -90 12.19 15.24 3.05 49.54 TMRB-18-02 673447 5152980 27.43 0 -90 6.10 9.14 3.05 5.36 TMRB-18-03 673470
Slide 10: 2018 Main Zone RAB Drilling
2018 Main Zone RAB Drilling MF-03 (hist) Historical Core 4.0m @ 1.53 g/t Au Drilling TMRB-18-02 3.05m @ 4.9 g/t Au ? TMRB-18-05 TMRB-18-04 TMRB-18-06 ? ? TMRB-18-01 9.14m @ 23.2 g/t Au TMRB-18-07 ? 1.52m @ 3.22 g/t Au ? 10
Slide 11: Working Exploration Model
Working Exploration Model Region of Gold enrichment ? Propylitic Alteration system 5A developed around property scale fault Main Zone Zones 1,2,3 5B 5 4 ? ? 6A 6B ? ? Gold Bearing Structures in Hanging Wall 11
Slide 12: Next Steps at Highland
Next Steps at Highland • Final report from till survey overseen by Overburden Drilling Management pending • Additional RAB drilling at Main Zone Hangingwall Block • Test other known zones with high grade: 5, 6A, 6B, Zone 1,2,3 by RAB drilling • More than 20 discrete near surface target areas within
Slide 13: An Exploratory Company Poised for Growth
AN EXPLORATORY COMPANY POISED FOR GROWTH Transition Metals Corp (XTM – TSX.V) specializes in converting new exploration ideas into Canadian discoveries. By acquiring and advancing multiple projects simultaneously, the Corporation maximizes shareholder exposure to discovery and capital gain. Equity d
Slide 14: transitionmetalscorp.com
transitionmetalscorp.com #5 - 410 Falconbridge Road Sudbury ON P3A 4S4 Telephone: 705-669-0590 gcollins@transitionmetalscorp.com