Transition Metals Corp.
Pipestone
POORLY EXPOSED, UNDER-EXPLORED SECTION OF PIPESTONE STRUCTURE NEAR TIMMINS
PROJECT SUMMARY
- 33 km2 property located in the prolific Porcupine gold camp, ~25km north of Timmins, Ontario
- Property covers ~13km of the interpreted strike extension of the Pipestone structure, one of two main structural breaks recognized in the Timmins Camp. +60 Moz of historical gold production is associated with the Destor Porcupine fault, the other main structural break
- Gowest has vested a 60% in the Pipestone Property by making cash payments of $100,000, issuing 400,000 common shares of Gowest to Transition and incurring exploration expenditures of $1,000,000 on the property
Source: http://www.transitionmetalscorp.com/projects/partnered-projects/pipestone
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