Slide 1: Fostung Properties Highlights
FOSTUNG PROPERTIES HIGHLIGHTS XTM – TSXV | Q1 2020 INVEST IN TOMORROW, TODAY. XTM – TSXV | Q1 2020 1
Slide 2: Fostung Property Key Points
FOSTUNG PROPERTY KEY POINTS: • LOCATED ~ 8 KM SOUTHEAST OF ESPANOLA, ON, AND ~ 70 KM WEST-SOUTHWEST OF SUDBURY, ON • 50 SINGLE-CELL MINING CLAIMS FOR ~ 1,114 HA • MINERALIZATION (SCHEELITE [CaWO4] ) OCCURS AS FINE TO COARSE DISSEMINATEIONS IN DARK GREEN CALC-SILICATES • NI 43-101 INFERRED RESOURCE E
Slide 3: Fostung Property Regional
FOSTUNG PROPERTY Regional • Acquired a 100% interest • 50 mining claim for ~ 1,114 ha. • Located near the town of Espanola • ~ 70 km southwest of Sudbury See geology map Recent grab samples returned values of up to 0.63 wt. % WO3, 0.87 wt. % Cu, 0.12 wt. % Zn & 15.9 ppm Ag • Demonstrates the polymet
Slide 4: Regional Geology
FOSTUNG PROPERTY Regional Geology Inferred Resource Shell ¹ Covers an area > 5.5 km of strike length • Prospective for skarn-type mineralization • Hosted in calcareous Huronian sediments INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2020 4
Slide 5: Mineral Resource
FOSTUNG PROPERTY Mineral Resource • Historic Inferred Mineral Resource Estimate1 Cut-off Total Grade Contained Resource Category % WO3 Tonnes (M) % WO3 WO3 (Mlbs) Inferred 0.125 12.4 0.213 58 Studied in detail by Union Carbide in the late 1970’s-early-1980’s Cross-section • 44 drill holes ( 9,185 m
Slide 6: Property Geophysics
FOSTUNG PROPERTY Property Geophysics VTEM – B-Field: Z component VTEM – dB/dt Calculated Time Constant Inferred Resource Shell New potential exploration targets Inferred Resource Shell INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2020 6
Slide 7: Plans
FOSTUNG PROPERTY Plans • Initiation of an Airborne MobileMT (AMT) Survey covering an area of 1,114 ha (Q1) Preliminary proposed AMT survey grid – to identify potential (additional) zones of mineralization between surface & ~ 1000 m vertical depth • Field work & follow-up on geophysics – Additional m
Slide 8: IOCG – Aylmer & Fostung
IOCG – AYLMER & FOSTUNG Similarities IOCG – Aylmer Breccia(s) Fostung Breccia(s) Both have extensive soda metasomatism Sizable breccia bodies with quartz + pyrite ± chalcopyrite Hosted in Huronian Sediments INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 20
Slide 9: Market Trends & Development
FOSTUNG Market Trends & Development China controls a significant portion of global tungsten supply; its use of tungsten has an important influence on tungsten markets TUNGSTEN: • No known domestic (Canada & USA) commercial production of WORLD CONCENTRATE tungsten concentrates since 2016 PRODUCTION (
Slide 10: 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", and similar expressions and ADVENTURE statements relating to matters that are no
Slide 11: 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 2020 11