For thousands of other reports visit RSC's Mineral Intellingence Map
Transition Metals Corp.
Summary
| Project: | Highland | |
|---|---|---|
| Deposit: | Highland | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-7-2019: Transition Metals Corp. announces an Exploration/Drilling Update report for its Highland deposit at the Highland project. Drilling results incl. 4.0m @ 16.15g/t Au from 10.0m. Sudbury, Ontario--(Newsfile Corp. - July 15, 2019) - Transition Meta | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Collins (Internal) | |
| ABSTRACT: | Sudbury, Ontario--(Newsfile Corp. - July 15, 2019) - Transition Metals Corp (TSXV: XTM) ("Transition", "the Company") is pleased to announce initial assay results from a program of reverse circulation (RC) drilling initiated this spring at the Highland Gold project in Cape Breton, Nova Scotia. Of note, hole 19-TMC-RC-01 returned an interval averaging 16.15 grams per tonne (g/t) gold over 4 meters within an interval where composite sampling returned 8.0 metres grading 5.90 g/t gold (g/t Au). The results were obtained from shallow drilling near an area of exposed mineralization referred to historically as the 6A Zone. The 6A Zone is located approximately 2 kilometers to the east of Main Zone where drilling completed in the fall by the Company returned a 9.14 metre intersection grading 23.22 g/t Au (see Transition news release dated January 14, 2019). Company CEO Scott McLean commented, "Once again we are encouraged by results coming from the first six of 28 holes completed at the Highland Project. Drilling has returned encouraging assay results from a second site (6A) located 2 kilometers to the east of our previous success at Main Zone along a structural trend that can be traced across the central portion of the property for more than 4 kilometres. This structural trend is only one of several of similarly oriented potentially gold bearing structures that we have identified that need to be drill tested. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report