34 34 Page 34 T ransition Metals Corporation a Sudburybased mining exploration company employs a project generator model to advance claims in partner ship with mining development part ners and fnancial backers The acquisitio n of low cost explora tion assets via staking is at the heart of the project generator model ex plained Scott McLean President and CEO of T ransition Metals The process allows us to use our in house technical expertise to identify opportunities that we can acquire for a low cost thus providing an excellent return on investment when the proj ect is optioned to a partner McLean said In the months to come we look forward to advancing these projects with the end goal being to fnd new joint venture partners Earlier this year in April 2018 T ran sition Metals announced the comple tion of a lar ge staking program for six projects across Ontario totaling 244 cells approximately 5100 hectares in areas that it identifed as being pro spective for both base and precious metals The properties include Empire Lake Property vanadium The Or e Finders T ransition Metals mission is to discover new or e deposits iron titanium T ransition Metals staked 95 cells 1986 ha in the Empire Lake Area of the Thunder Bay Mining District to cover a lar ge 4km by 12km regional magnetic anomaly associated with an under explored mafc intrusion con taining widespread V FeT i mineral ization Revell Property nickel copper plati num group metals staked 68 cells 1421 ha in Revell and Hyndman townships of the Ke nora Mining District to cover series of historic NiCuPGM showings occur ring around the mar gin of the Revell Batholith Mineralization occurs as NiCuPGM bearing sulphides Garden Lake Property nickel cop per platinum group metals staked 9 cells 188 ha in the Garden Lake Area of the Thunder Bay Mining District to cover an isolated mafcul tramafc intrusion within the Garden Lake greenstone belt that the techni cal team feels based on geochemistry may be related to Proterozoic Mid continental Rift MCR event and therefore prospective for PGMCuNi mineralization Island Copper Property copper gold staked 8 cells 167 ha in A weres T ownship of the Sault Ste Marie Mining District to cover the historic Island Copper Property in terpreted to have high potential for IOCGstyle CuAu mineralization The Island Copper mineralization is hosted in an albiterich granite brec cia that is situated at the intersection of major crustal faults thought to rep resent the terrain boundary between Archean and Proterozoic rocks along the mar gins of a major paleorift set ting Copper and Au enrichment oc curs within a hydrothermal Feoxide hematite chlorite and amphibolite matrix that cements fragmented and altered granite breccia Historic drill ing completed by Kennco Exploration in 1965 reporte d 1 159m 34 Cu and 09gt Au at the main showing Mongowin Au Property gold staked 32 cells 669 ha in Mongowin T own ship and the Whitefsh Falls Area of the Sudbury Mining District to cover series of historic Au showing near Fox located 30 km NE from the his toric McMillian Mine that produced 60000 tons 018ozt 510gt from 19341937 Channel sampling carried out by the Canadian Nickel Company in 1981 on the Fox Lake showing re turned up to 0347ozt 984gt over 18m Sunrise Lake Property gold staked 32 cells 669 ha in Ossian and Pon tiac townships of the Larder Lake Mining District to cover series of historic Au showings located along the prominent NESW trending Mist Lake Misena Lake Fault within the Blake River Group of the prolifc Contd on pg 35 Page 35 Abitibi greenstone belt Prospected completed in 1990 reported values of up to 286ozt Au hosted within quartz veins located on the property Using the projectgenerator approach T ransition Metals sells interest in the projects rather than ownership in the company itself This approach maxi mizes T ransition Metals Corpora tion and its shareholder s exposure to discoveries while minimi zing eq uity dilution in the company Funding to advance the projects and work on discoveries comes from partners that receive an interest in a project in ex change for cash payments exploration expenditures royalties and shares In Sudbury it s home base T ransition Metals acquired the exploratio n assets from First Nickel in 2016 acquiring all the exploration and development assets of First Nickel Inc when it closed except for the Lockerby mine The properties were purchased through an asset purchase agreement between T ransition Metals and the courtappointed receiver of First Nickel The purchase includes ap proximately 1100 hectares of leased and patented mining and surface rights property and 7591 hectares of mining claims for NiCuPGM at the Lockerby East and W est Graham deposit located on the south range of the Sudbury basin At the time of the acquisition CEO President Scott McLean expressed excitement at the prospect of explor ing the potential for NiCuPGM in the unexplored portions of the Sud bury Igneous Complex associated with the Lockerby East and W est Graham properties These propertie s are located eight kilo metres northeast of T ransitio n Metals subsidiary company Sudbury Plati num Corporati on s fagship Aer Kidd project in which T ransition Metals has 36 ownership Sudbury Plati num Corporation SPC is exploring for nickel copper and platinu m group metals in the area T ransition Metals prides itself on ap plying proven discovery methodol ogy that combines custombuilt digital compilations advanced 3D geoscience modeling and interpretive techniques with rigorous feldwork to systemati cally identify economically attractive tar gets including many that would go undiscovered In total T ransition Metals has a stable of 30 gold copper nickel and platinum group metals projects primari ly in On tario Nunavut and Saskatchewan Junior T ransition Metals applies pr oven discovery methodology with success Contd from pg 34 SUDBUR Y 269 Fielding Rd Lively ON Canada P3Y 1L8 P 7056821120 F 7056822728 TIMMINS 41 Jaguar Dr Timmins ON Canada P4N 7C3 P 7053605145 F 7053605199 Toll Free 18883858559 wwwequipmentnorthcom EXPER TS IN Underground Material Handling