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Transition Metals Resampling Highlights Broad Gold Intervals at Gowganda Project, Indicating Potential for a Larger Resource Opportunity

Highlights from this release include: Relogging and additional sampling has identified multipl...

articleTransition Metals Corp.March 30, 20265/news/transition-metals-resampling-highlights-broad-gold-intervals-at-gowganda-project-indicating-potential-for-a-larger-resource-opportunity
Transition Metals Resampling Highlights Broad Gold Intervals at Gowganda Project, Indicating Potential for a Larger Resource Opportunity

About this update from Transition Metals Corp.

Transition Metals Resampling Highlights Broad Gold Intervals at Gowganda Project, Indicating Potential for a Larger Resource OpportunityHighlights from this release include:Relogging and additional sampling has identified multiple wide zones of gold (Au) mineralization exceeding 0.5 g/t Au enveloping previously drilled, but unreported high-grade intersections. Highlights include:GTHM-20-035 intersected 30.10m of 0.77 g/t Au, including 22.85m of 0.97 g/t Au, which includes sub-intervals of 2.00m of 2.10 g/t Au, 4.65m of 0.81g/t Au, 3.60m of 1.54 g/t Au, and 2.85m of 2.76 g/t Au,GTHM-20-034 intersected 23.00m of 0.51 g/t Au, including 17.00m of 0.64 g/t Au, and including 7.00m of 1.20 g/t AuGTHM-20-033 intersected 14.14m of 0.55 g/t Au, including 8.14m of 0.79 g/t Au, and including 2.14m of 2.71 g/t AuSudbury, Ontario--(Newsfile Corp. - March 30, 2026) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company"), is pleased to report results related to its relogging and additional sampling activities around historic core from its 100% owned Gowganda Gold Project ("the Property", "the Project"), situated along the regional Ridout-Tyrrell Deformation Zone within the prolific Abitibi Greenstone Belt, Ontario.Commenting on the results, CEO Scott McLean stated, "The success of IAMGOLD's 20 Moz Côté Gold development project has renewed the level of exploration and development activity along the Ridout Structure. This resurgence of activity has led us to revisit one of the company's initial gold discoveries in the historic Gowganda silver camp. Our recent relogging and sampling efforts support the presence of a much broader gold system than previously recognized, with continuous mineralization in altered host rocks and an extensive swarm of syenite dykes extending well beyond the historic high-grade intervals. This emerging system-scale potential, together with our improved understanding of structural controls, will help guide more effective exploration targeting as we advance the Project."Discussion of Resampling ResultsResampling was undertaken in early 2026 on four diamond drill holes originally drilled in 2020 while the property was under option. At that time, exploration activities were focused on cobalt-silver (Co-Ag) targets, and only limited sampling was completed, with no gold assays publicly reported. Following the return of the property...

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