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Transition Metals reports 17m 0.46 % Ni including 4.26m grading 1.27 % Ni and commences drilling at Its Maude Lake Project near Schreiber

Sep 12, 2022

Transition Metals Corp is releasing channel sampling results from summer field work on its Maude Lake Property located near Schreiber. A total of 13 channel samples were taken over a strike length of 45 metres on the main surface mineralized area. The Company will be shortly mobilizing a diamond drill to site to test a major conductivity feature measuring 300 by 500 metres that is associated with the potential extension of the high tenor surface mineralization.


  • Channel 4 returned 17.01 metres averaging 0.46 % Ni, including 4.26 metres grading 1.27 % Ni,
  • Channel 7 returned 8.17 metres averaging 0.50 % Ni including 1.70 metres grading 1.61 % Ni,
  • Results from the 13 channel samples have further defined and significantly expanded the known high tenor surface mineralization,
  • Drilling will commence shortly, targeting an extensive untested, high conductance feature measuring approximately 300 by 500 metres, south along strike to the known surface mineralization.

Transition CEO Scott McLean commented, "We are excited to get the diamond drill started at our Maude Lake project. The coincident untested VTEM conductor along trend of the known high tenor, surface mineralization is one of the most exciting targets we have generated in recent times. Given the forecasted demand for nickel as a key critical metal needed for the electrification of the world, we believe that there is potential to define a significant nickel deposit on our property."

Assay results from the 2022 channel sampling completed over the new exposure returned broad intervals of elevated nickel, copper, cobalt and platinum group elements (PGM), summarized below in Table 1. A detailed map depicting sample location and detailed geology is presented in Figure 2. Of note, channel 4 returned 17.01 metres grading 0.46 % Ni, 0.35 % Cu and 0.03 % Co including 4.26 metres grading 1.27 % Ni, 0.84 % Cu, and 0.08 % Co. Channel 7 returned 8.17 metres averaging 0.50 % Ni including 1.70 metres grading 1.61 % Ni


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