Transition Metals Corp. (XTM – TSX.V) (“Transition” or “the Company”) is pleased to provide an update on exploration work completed at its Pike Warden project (“the Property”) located near Whitehorse, Yukon. This summer, the Company’s exploration team focused on areas of the property considered prospective for hosting porphyry Cu-Au mineralization, including Copper North, Copper Junction, and Olympus (Figure 1). The work involved collecting samples and data to better characterize the geology, structure, alteration, fracture and vein density, and vein types in these areas, as well as sampling any prospective-looking mineralization.
Final data from the Z-Axis Tipper Electromagnetic system (ZTEM™) survey, flown by Geotech Ltd. over Pike Warden (see news release dated June 22, 2024), has been received. Notably, the Company’s preliminary interpretation of the ZTEM™ data highlights a large conductivity anomaly located centrally within one of the more prominent areas of prospective alteration and elevated copper mineralization, Copper Junction.
Scott McLean, P.Geo., CEO of Transition Metals, commented, “We are encouraged that our work continues to highlight some compelling untested Cu-Au porphyry targets. Our geological team is actively collaborating with our geophysical consultants to prioritize key targets on the property in preparation for drilling.”
Figure 1: Pike Warden project map, with prominent structural trends, discovered polymetallic showings, and recent highlight samples.
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