Slide 1: Mitigating Risk. Multiplying Opportunities.
Mitigating Risk. Multiplying Opportunities. XTM – TSXV | Duntara Copper Project Q1 2022 1
Slide 2: Duntara Copper Project
Duntara Copper Project Sediment Hosted Copper Opportunity in Newfoundland ► Favourable geological environment for ► Disseminated Cu-sulfide mineralization ► Patchwork history of exploration sedimentary hosted copper within reduced sediments ► Limited historical geophysical work ► Alternating reduced
Slide 3: Sedimentary Hosted Copper in Newfoundland?
Sedimentary Hosted Copper in Newfoundland? ► Large high-grade resources of copper in stable mining jurisdictions like Newfoundland will be in high demand to fill supply gap ► Access to tide-water for easy shipping ► Fundamental demand for copper expected to increase as EV market grows ► Lack of inve
Slide 4: Property Location
Property Location • Located on the Bonavista Peninsula • Approximately a 3 hour drive from St. John’s, Newfoundland • The property is comprised of 81 staked claims for a total land package covering 24.5 km2 XTM:TSXV 4
Slide 5: Regional Geology
Regional Geology • Newfoundland is composed of four terranes, the Humber Zone, the Dunnage Zone, the Gander Zone, and the Avalon Zone. • The rocks of the Bonavista Peninsula lie within the Avalon Terrane, located in the eastern region of Newfoundland. • The property is underlain by the Avalon Terran
Slide 6: Copper Mineralization Styles
Copper Mineralization Styles Copper Vein Showing Tickle Cove Showing ► Stratiform control element within reduced facies formations such as the Blue Point horizon. ► Best copper values are proximal to structures cross-cutting favourable reduced horizons. ► The highest concentrations of copper mineral
Slide 7: Local Geology
Local Geology • Property underlain by oxidized sandstone interbedded with reduced beds of siltstone to coarse sandstone of the Crown Hill formation. • Copper showings at surface A1 associated with the Blue Point horizon within the Red Cliff facies. A • The Blue Point horizon occurs as two reduced un
Slide 8: Exploration Model
Exploration Model • Copper showings proximal to ENE trending normal faults such as the Duntara Fault may represent leakage/later remobilization of copper from buried sources (underlying volcanics). • Multiple copper bearing formations may lie within the Crown Hill formation less than 300 m from surf
Slide 9: 2021 Magnetic-VLF Survey
2021 Magnetic-VLF Survey • Completed a high-resolution aeromagnetics and matrix digital VLF-EM survey at a 75 m line spacing over the entirety of the Duntara claim package. • Preliminary survey data defined folding and an increase in total field magnetism towards the northwest. • Vertical derivative
Slide 10: Next Steps
Next Steps Historical work suggests a correlation of mineralization to structure, and that mineralization responds well to induced polarization geophysical methods. • IP over known showings and prospective structures. • Reprocessing of 2021 airborne magnetic and VLF data. • Focused geological mappin
Slide 11: 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 12: 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 2022 12