Transition Metals Corp.
Sunday Lake
SIGNIFICANT PGM DISCOVERY ADVANCING TOWARDS FEASIBILITY
PROJECT SUMMARY
- Successful discovery outcome from a strategic alliance between Transition and Impala Platinum Holdings Limited (Implats).
- Now being aggressively advanced by Impala Canada Ltd., the operator of the nearby Lac Des Iles Mine and mill PGM complex near Thunder Bay, Ontario.
- Recent drilling has returned values of up to 41.2 metres grading 5.11 g/t combined PGM’s (Pt+Pd+Au) including 15.8 metres grading 9.11 g/t PGMs representing some of the best grades and thickness for a deposit of this type in the world.
- Transition retains a 25% interest in the project carried to feasibility, providing its shareholders a significant stake in a premium platinum group project as it is progresses towards production.
Source: http://www.transitionmetalscorp.com/projects/partnered-projects/sunday-lake