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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (3246)12/13/2013 11:24:20 AM
From: Goose94Read Replies (1) of 202843
 
Transition Metals (XTM-V) Update

Aer Kidd - Ni-Cu-PGM's (Sudbury Platinum Corp)

The property is located on the prolific Worthington offset dike of the Sudbury Igneous Complex approximately 2.6 kilometres along strike to the northeast of Vale's Totten mine (10.1 Mt @ 1.5% Ni, 1.97% Cu, 4.8g/t PGM)1 and 4.3 kilometres along trend to the southwest from KGHM's Victoria mine (14.5 Mt@ 2.5% Ni, 2.5% Cu, 7.6 g/t PGM)². The Company believes that the property has excellent potential to host a significant Ni-Cu-PGM deposit.

Borehole UTEM IV survey work on 11 selected historic drill holes is currently in progress.

Results from the borehole geophysical surveys will be combined with the updated geological model to target areas in preparation for an early 2014 drill campaign.

CEO Scott McLean commented, "Although it has been a difficult year for the exploration sector in Canada, Transition has managed to continue to advance key projects with the help of our valued alliances and joint venture partners. To date in 2013, approximately $2.3 million in exploration work has been completed and we continue to operate programs designed to generate positive results and drive value for our investors well into 2014."
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