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Transition Metals Corp.
Summary
| Project: | Aer-Kidd | |
|---|---|---|
| Deposit: | Aer-Kidd | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-PGM-Cobalt-Silver-Gold | |
| Date: | 3/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-3-2018: Transition Metals Corp. announces an Exploration/Drilling Update report for its Aer-Kidd deposit at the Aer-Kidd project. Drilling results incl. 12.35m @ 0.91% Ni, 0.28% Cu, 0.03% Co, 0.11g/t Au, 1.97g/t Ag, 0.80g/t PGM. Sudbury, March 5, 2018 – | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Grant Mourre (Not stated) | |
| ABSTRACT: | Sudbury, March 5, 2018 –Sudbury Platinum Corporation (“SPC”) and Transition Metals Corp. (XTM – TSX.V, “Transition”, “the Company”) are pleased to provide a project update and to announce assay results from fall drilling completed at the company’s Aer-Kidd Project, near Sudbury Ontario. During a period from November to December the company completed eight holes for a total of 1,371m designed to evaluate the up-dip and down-dip potential of the past-producing Rosen and Robinson Mines which are located on the property adjacent to Vale’s producing Totten mine. SPC is a private company that is 36% owned by Transition. Scott McLean, P.Geo., CEO of SPC stated, The near surface mineralization that includes significant intercepts of PGM’s and cobalt is encouraging and demonstrates that we are continuing to explore a highly prospective part of the Sudbury Igneous Complex. The property remains wide open at depths where drilling on the adjacent properties has discovered world class deposits at Totten and Victoria.” This release only discloses assay results from two holes, AK-17-018 and AK-17-020, completed during the previously mentioned winter drill program. The remaining assays are pending. Figure 1 is a long section of the property looking northwest that includes the pierce points of recent drilling. | |
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