04 March 2011
Posted in Press Release, 2011
Source: ABN Newswire
Toronto, Mar 4, 2011 (ABN Newswire) - Transition Metals Corp (CVE:XTM) will be Exhibiting at the 2011 PDAC International Convention, Trade Show & Investors Exchange in Toronto. The company will be displaying drill core from its new discovery on its Haultain Gold Property located near Gowganda, Ontario as well as participating in the Investor's Exchange Forum. The company would like to invite convention attendees to visit its Core Shack display at Booth #5009A on March 6 & 7 and its Investor's Exchange Booth #2406B on March 8 & 9.
During the summer and fall of 2010, the Company completed trenching, mapping and channel sampling activities on the Haultain Gold Property. This work resulted in the identification of the Annie's Ladder Showing, an approximately 100 metre by 60 metre stripped exposure hosting gold bearing quartz carbonate veining. In February the company reported results from two preliminary holes completed to further evaluate the occurrence. Highlights include results from hole TMH-10-02 which yielded a length weighted composite gold average of 1.57 grams per tonne (g/t) gold over 11.69 metres between 40.31 to 52.00 metres down the hole including 4.72 g/t gold over 3.07 metres from 40.31 to 43.38 metres. For more information please refer to press release dated February 17, 2011 on the Company Web Site at http://www.transitionmetalscorp.com
Exploration Plans
The Company plans to complete additional exploration on the property in 2011 to define the extent and grade of the discovery and to explore for additional deposits on the property. The work will include soil sampling and surface IP (Induced Polarization) surveys over the coming weeks, and additional trenching, mapping and drilling during the summer of 2011.
For more information on the PDAC International Convention, please visit:
http://www.pdac.ca
About Transition Metal Corporation
Transition Metal Corporation (Reserved TSX Venture Exchange Trading Symbol: XTM) is a private corporation focused on the identification, exploration and development of new gold opportunities in established and emerging gold districts in Canada. The Company currently owns or controls an interest in five early stage gold exploration properties in Ontario and British Columbia. The Company is a private corporation committed to building shareholder value through the identification and development of new low cost, high quality exploration projects while minimizing shareholder dilution through funding partnerships and revenue generating opportunities.
