Transition Metals Initiates ZTEM Survey at Pike Warden, Yukon
Transition Metals Initiates ZTEM Survey at Pike Warden, Yukon
- Deep penetrating helicopter borne AFMAG and EM survey initiated,
- 3D resistivity and magnetic inversion models to be developed to resolve size and depth of potential for a large mineralized system.
- 启动深入直升机搭载AFMAG和EM测量,
- 将开发3D电阻率和磁性反演模型,以确定大型矿化系统的规模和深度。
Sudbury, Ontario--(Newsfile Corp. - June 11, 2024) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company") reports that it has commenced work on its Pike Warden property ("the Property"), Yukon. The Company has engaged Geotech Ltd. to complete approximately 650-line kilometres (km) of helicopter borne, Z-Axis Tipper Electromagnetic system (ZTEM) survey over the property. The ZTEM system utilizes deeply penetrating electromagnetic signatures (>1-2 km) that permit the modelling of geophysical properties which can be used to infer geologic units, structures, and alteration assemblages, at a system scale, based on resistivity contrasts. Audio-frequency magnetic (AFMAG) data from this survey will complement this data set and be used to create 3-D subsurface resistivity and magnetic inversion models, which will help determine, characterize, and prioritize prospective targets on the Property.
加拿大安大略省--(Newsfile Corp. - 2024年6月11日) - Transition Metals Corp. (TSXV: XTM) ("Transition", "本公司")报告,公司已经开始对其位于育空的Pike Warden,(以下简称"金矿")进行工作。公司已委托Geotech Ltd.在该地完成大约650千米的直升机搭载Z轴翻转电磁波系统(ZTEM)测量。ZTEM系统利用深入侵的电磁标记(>1-2千米),以推断地质单位、结构和变质组合,并在体系范围内基于电阻率对其进行建模。此测量的Audio-frequency magnetic(AFMAG)数据将补充该数据集,并用于创建三维地下电阻率和磁性反演模型,有助于判断、表征和优选项目潜在目标。
Greg Collins, P.Geo., COO of Transition Metals, commented, "After only two field seasons, we have advanced the project from a collection of high-grade polymetallic showings towards an understanding of mineralizing processes that support strong indications of porphyry Cu-Au and epithermal mineralization. We expect that the ZTEM survey data will help us qualify the potential size and depth of system scale features and help prioritize regions for drill targeting."
Transition Metals的COO Greg Collins, P.Geo.评论道,"仅经过两个野外季节,我们就将该项目从一组高品位的多金属矿床收集到了矿化作用的理解,并表现出成矿的今日迹象:斑岩Cu-Au和浅成矿化物。我们预计ZTEM 调查 数据将帮助我们确定体系规模特征的潜在规模和深度,并有助于优先考核钻探地点。
Next Steps
下一步
The Company expects Geotech Ltd. to complete the more than 650 line-km ZTEM survey within a couple of days, pending weather conditions, quality of ZTEM signal strength, and successful QA/QC of survey data. Preliminary data are expected to be delivered to the Company shortly after completion of the survey, with final data and reports expected within eight weeks from the completion of the survey. Starting in mid-July, the Company plans to resume sampling, bedrock mapping, and alteration mapping efforts on the Property, inclusive of following up on the expected preliminary survey results. These efforts will further aid in characterizing and defining mineralization and highlighting prospective target sites for drilling on the Property.
公司预计Geotech Ltd.将在未来几天内完成超过650公里的ZTEm勘测,取决于天气条件、ZTEm信号强度的质量和勘测数据的成功QA/QC。预计初步数据将在勘测完成后不久交付给公司,最终数据和报告预计将在勘测完成后的八周内完成。从7月中旬开始,公司计划在物业上恢复取样、基岩地图制作和变质地图制作等工作,并跟进预期的初步勘测结果。这些工作将进一步帮助表征和定义矿化物,并突出物业上的有前途的钻探目标位点。
About the Pike Warden Property
关于Pike Warden金矿
The Pike Warden property (Figure 1) is located in the traditional territory of Carcross/Tagish First Nation and is situated on the northern rim of the Bennett Lake Caldera Complex, one of the largest extinct volcanic centers in Canada.
Pike Warden金矿(图1)位于Carcross/Tagish First Nation的传统领土上,位于Bennett Lake Caldera Complex的北缘,该地区是加拿大最大的死火山中心之一。
The property is located approximately 65 kilometres southwest of Whitehorse, Yukon, and is composed of 203 contiguous mining claims totaling approximately 41 km2. The property encompasses a combination of historic and recently discovered high-grade polymetallic gold, copper, and silver epithermal showings that are indicative of a large epithermal-porphyry system in the vicinity of the Bennett Lake Volcanic Complex. In June 2022, Transition entered into an option agreement to acquire a 100% interest in the property from the Vendor in exchange for cash, shares, and work expenditures over a four-year period (see Company news release dated June 28, 2022).
该物业位于育空地区怀特霍斯特西南约65公里处,由203个相邻的矿业权组成,总面积约为41平方公里。该物业包括历史悠久的和最近发现的高品位多金属黄金、铜和白银浅成因热液显示区,这些显示区表明在本内特湖火山岩复合体附近存在大型浅成因斑岩系统。2022年6月,Transition与出让方签订了一份期权协议,以在四年内以现金、股票和工作支出的方式获得该物业的100%权益(请参阅公司新闻发布日期为2022年6月28日的新闻稿)。
Qualified Person
合格人士
The technical elements of this press release have been approved by Mr. Benjamin Williams, P.Geo. (PGO), who is a Qualified Person as defined under National Instrument 43-101.
本新闻发布中的技术要素已获得负责的人士Benjamin Williams, P.Geo. (PGO)的认可。Williams是根据43-101全国工具定义的合格人士。
About Transition Metals Corp.
关于Transition Metals Corp.
Transition Metals Corp. (TSXV: XTM) is a Canadian-based, multi-commodity explorer. Its award-winning team of geoscientists has extensive exploration experience which actively develops and tests new ideas for discovering mineralization in places that others have not looked, often allowing the company to acquire properties inexpensively. Joint venture partners earn an interest in the projects by funding a portion of higher-risk drilling and exploration, allowing Transition to conserve capital and minimize shareholder's equity dilution. Further information is available at or by contacting:
Transition Metals Corp.(tsxv:XTM)是一家总部位于加拿大的多种商品勘探者。其屡获殊荣的地质科学家团队具有广泛的勘探经验,积极开发和测试在其他人未曾寻找的地方发现矿化物的新想法,往往能够以较低的成本获取产权。合资伙伴通过资助部分高风险钻探和勘探获取项目权益,从而使Transition节省资本和减少股东权益的稀释。更多信息可于 或联系以下人员获取:
Scott McLean
President and CEO
Transition Metals Corp.
Tel: (705) 669-1777
Scott McLean
总裁和首席执行官
Transition Metals Corp.
电话:(705) 669-1777
Cautionary Note on Forward-Looking Information
关于前瞻信息的谨慎声明
Except for statements of historical fact contained herein, the information in this news release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding estimated capital and operating costs, expected production timeline, benefits of updated development plans, foreign exchange assumptions and regulatory approvals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
本新闻发布中除历史事实陈述外,本信息构成加拿大证券法下的"前瞻性信息"。此类前瞻性信息可能会以"计划"、"建议"、"估计"、"意图"、"预计"、"信任"、"可能"、"将"等词语为标志,包括但不限于,关于估计的资本和运营成本、预计的生产时间表、更新的开发计划的益处、汇率假定和监管批准。这样的声明并无法保证会被证明准确;实际结果和未来事件可能会与这些声明有很大不同。使实际结果与声明大不相同的因素包括,但不限于,金属价格、竞争、采矿业内固有的风险和监管风险。其中大多数因素都在公司的控制范围外。投资者应谨慎对待前瞻性信息。对于适用证券法规或法规要求的内容,公司明确否认有意愿或义务公开更新前瞻性信息,无论是因为新的信息、未来事件或其他原因。TSX Venture Exchange及其监管服务提供商(根据TSX Venture Exchange的政策定义)均不对此发布的充分或准确性承担责任。