Transition Metals Corp. announces that Sudbury Platinum Corporation has entered into a definitive arms length amalgamation agreement dated November 18, 2019 with Edison Cobalt Corp . The contemplated transaction will result in a reverse-take over of EDDY by SPC. The resulting issuer will be renamed "SPC Metals Corp" . It is anticipated that [...]
Transition Metals Corp. is pleased to announce that it intends to raise up to an aggregate of $300,000 by way of a non-brokered private placement financing consisting of up to 1,000,000 units at a price of $0.15 per Unit, for proceeds of up to $150,000 and up to 833,333 flow-through common shares at a price of $0.18 per FT Share, for proceeds of up [...]
Transition Metals Corp. is pleased to report final assay results from the remaining 12 of 21 diamond drill holes completed on the Janice Lake property by option partners Rio Tinto Exploration Canada and Forum Energy Metals Corp.. Forum has reported the intersection of multiple, thick, flat lying chalcocite mineralized horizons at each of the Jansem [...]
Transition Metals Corp. is pleased to announce assay results from channel sampling completed on veining exposed by new trenching on the Cryderman Gold property located near Shining Tree, Ontario. Samples of quartz vein returned up to 15.70 g/t Au over 0.5 metres along 100 metres of the newly-exposed Queen Elizabeth Vein with the best values being [...]
Transition Metals Corp. is pleased to report that encouraging assay results are continuing to be received from diamond drilling completed on the Janice Lake property by Rio Tinto Exploration Canada Inc. . To date, assay results from 9 of a total of 21 holes completed by RTEC have been reported for 2 of more than 20 target areas consisting of [...]
Transition Metals Corp. is pleased to announce that it has acquired a 100% interest in the Fostung Property located near the town of Espanola approximately 70 kilometres southwest of Sudbury, Ontario. The property hosts an historic tungsten trioxide skarn resource that in 2007 was stated to contain an Inferred Mineral Resource of 12.4 million [...]
Transition Metals Corp. is pleased to announce high grade channel sample assay results at its 100% owned Maude Lake Ni-Cu-Co-PGM property located near Schreiber, Ontario . The property covers a known high grade magmatic Ni-Cu-Co-PGM showing where historic grab samples collected by Novawest Resources Inc. in 2002 returned values of up to 6.23 % Ni [...]
Transition Metals Corp. is pleased to announce that that it has received positive assay results from hole JANL0005 drilled by Rio Tinto Canada Exploration on behalf of option partner Forum Energy Metals at a second location referred to as the Janice Lake target, located 2 km to the northeast of Jansem target holes JANL0001 and JANL0002. Hole [...]
Transition Metals Corp. is pleased to announce that it has received positive assay results from the first two holes drilled by Rio Tinto Exploration Canada on behalf of option partner Forum Energy Metals Corp. at Janice Lake. Highlights from the first two holes are: JANL0002 - 0.38% Cu and 2.1g/t Ag over 44.78 metres from 45.22 m to 90 m, including [...]
Transition Metals Corp. is pleased to announce the commencement of a program of stripping and channel sampling on the Cryderman Gold property located near Shining Tree, Ontario. The property consists of mining leases covering a historical high-grade lode gold showing where grab samples collected by the Company in 2018 returned values from trace up [...]
Transition Metals Corp. is pleased to disclose the balance of assay results from a program of reverse circulation drilling completed this summer at its Highland Gold project in Cape Breton, Nova Scotia. The results are interpreted to confirm strike and dip extensions to mineralization identified at Zone 6A and indicate significant grades and [...]
Transition Metals Corp. announces that SPC Metals has entered into a non-binding Letter of Intent with Edison Cobalt Corp . Transition is an Insider of SPC holding 30% of the outstanding shares of SPC. Under the terms of the non-binding LOI, Edison shares will be consolidated on a 1 for 3.55 basis and SPC shareholders will receive 1.32 Edison [...]