Transition Metals Corp. · TSXV:XTM
Transition Metals — Corporate Update (2021)
17 slides from Transition Metals's corporate update, 2021
Slide 1: Highland Gold Project Highlights
HIGHLAND GOLD PROJECT HIGHLIGHTS XTM – TSXV | Q1 2021 INVEST IN TOMORROW, TODAY. XTM – TSXV | Q1 2021 1
Slide 2: Highland Gold Project Key Points
HIGHLAND GOLD PROJECT KEY POINTS • PROPERTY COVERS SOURCE OF LARGE REGIONAL STREAM SEDIMENT GOLD ANOMALY OUTLINED IN THE 1980s • DESPITE EXTENSIVE COVER, BOULDER TRACING AND TRENCHING HAS RESULTED IN THE IDENTIFICATION OF MORE THAN 30+ BEDROCK GOLD SHOWINGS • TRANSITION OWNS OR HAS THE OPTION TO OWN
Slide 3: Highland Gold Project
HIGLAND GOLD PROJECT Highland Gold Project ¾ The property is located ~60 km northwest of Sydney, Sydney Nova Scotia 40% CGM Ownership = $3.2 M ¾ 107 km2 + crown-land 30% SPC Ownership = $3 M + licenses with 9% Forum Energy Metals Ownership = $350K good road + 0.4% Solo Growth Corp Ownership = $186K
Slide 4: Highlands Regional Geology
HIGHLANDS REGIONAL GEOLOGY • Suture between Ordovician - Silurian volcanics and sediments of Gander Zone, and Late Proterozoic sediments, volcanics, and intrusives of Avalon Zone • The Avalon hosts mesothermal and epithermal gold - Carolina Slate Belt Brewer (0.2 M oz), Ridgeway (1.5 M oz), Haile (4
Slide 5: Regional Setting
REGIONAL SETTING Total Field Magnetics 3 main structural Felsic Plutonism (Devonian) trends (NNW, NNE and NE) intersect creating a strong dilational Blair River geometry along (Mesoproterozoic) NW and NE directions that hosts gold- Central Highland bearing quartz Shear Zone veins Devonian Mylonite C
Slide 6: Work Completed
WORK COMPLETED Historical Inco completed till and soil sampling, and geophysics Main Zone Trenching identified 9 showing areas returned grab samples Till >8 g/t dispersal trends 23 area with >1.7 g/t Historical channel sampling - 12.8 g/t Au over 3.1m 6A / B Zone - 3.18 g/t Au over 3.2m (6B) 8
Slide 7: Work Completed
WORK COMPLETED Historical • 54 holes drilled on the property but core recovery problems (42 in black circle) HL14-01 recovered 0.8 m of core over a mineralized 3.0 m interval Main Zone - 4.95 g/t Au over “3.0 m” (HL14-01 – Zone 6A) - 2.52 g/t Au over 1.03 m (HL-14-06 – Zone 1,2,3) - 2.35 g/t Au over
Slide 8: Work Completed
WORK COMPLETED Transition Metals: • Collected and analyzed basal till and soil samples (proportion of pristine gold grain in red) • Conducted a 1,300 line km high resolution fixed-wing magnetic gradient and VLF-EM INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV
Slide 9: Work Completed
WORK COMPLETED Exploration / Drilling Main Zone RAB and RC holes Transition Metals drilled: 6A Zone RC holes 2018 - 7 RAB holes for 200 m 2019 - 28 RC holes for 568 m 6B Zone RC holes INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2021 9
Slide 10: Drilling - Main Zone
DRILLING - MAIN ZONE 19-TMC-RC-21 1.0 m @ 1.97 g/t Au 18-TMC-RB-01 9.14 m @ 23.2 g/t Au 18-TMC-RB-02 18-TMC-RB-07 1.54 m @ 9.82 g/t Au 1.53 m @ 3.22 g/t Au INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2021 10
Slide 11: Drilling – 6A / B Zones
DRILLING – 6A / B ZONES 19-TMC-RC-02 4.0 m @ 2.03 g/t Au 19-TMC-RC-01 9.0 m @ 6.88 g/t Au 19-TMC-RC-06 5.0 m @ 2.61 g/t Au 19-TMC-RC-04 2.0 m @ 3.75 g/t Au 19-TMC-RC-11 9.0 m @ 6.14 g/t Au 19-TMC-RC-14 6.0 m @ 6.17 g/t Au 19-TMC-RC-16 10.0 m @ 2.58 g/t Au INVEST IN TOMORROW, TODAY. INVEST IN TOMORRO
Slide 12: Geophysics
GEOPHYSICS • Orientation IP survey – fall 2019 • Highlighted structure and chargeability anomalies 18-TMC-RB-01 9.14 m @ 23.2 g/t Au 19-TMC-RC-01 9.0 m @ 6.88 g/t Au 19-TMC-RC-11 9.0 m @ 6.14 g/t Au INVEST IN TOMORROW, TODAY. INVEST IN TOMORROW, TODAY. XTM – TSXV | Q2 2018 XTM – TSXV | Q1 2021 12
Slide 13: Results Continue to Encourage
RESULTS CONTINUE TO ENCOURAGE 2018 RAB Drilling Highlights 2019 RC Drilling Highlights Hole ID From (m) To (m) Length (m Au (g/t) Zone Hole From To Length Au (g/t) Zone TMRB-18-01 12.19 21.34 9.14 23.22 Main 19-TMC-RC-01 10.00 19.00 9.00 6.88 6A Including 12.19 15.24 3.05 49.54 Main including 10.00
Slide 14: Interpretation
INTERPRETATION • Widespread gold mineralization in hanging wall 9High grade gold samples at Main Zone, Zone 6A, 6B, Zone 5, Zone 1,2,3… 18-TMC-RB-01 9.14 m @ 23.2 g/t Au 9Intense epidote, quartz, albite, sericite alteration 9Gold associated with sulphides and late stage structures 19-TMC-RC-01 9.0 m
Slide 15: Next Steps
NEXT STEPS • Expand the IP coverage • Additional till and soil sampling at a property scale to better define targets at both local and regional scale Main Zone • Follow-up RC drilling along key structures 6A/B – Main Historical drilling • Petrography, studies of geochem to further define controls on
Slide 16: 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 17: 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 17