Transition Metals Identifies Four New Polymetallic Showings at Pike Warden, Yukon, Including Samples Returning >10,000 ppm Silver and 3.4% Molybdenum

Executive Summary

• Transition Metals reported high‑grade polymetallic assay results from summer grab sampling at Pike Warden, identifying four new showings (Apollo, Typhon, Signal, Bork) with notable values up to >10,000 ppm Ag, 2.8 g/t Au, 1.9 % Cu, 3.41 % Mo and 4.31 % Pb.
• The company completed two drill holes in the Copper Junction area; drilling equipment has been demobilized and sites remediated ahead of winter, with core now awaiting laboratory analysis.
• Quality‑assured analytical protocols were employed (ALS Geochemistry, ISO/IEC 17025:2005 & ISO 9001:2015), reinforcing confidence in the reported results.

Key Details

• Sampling Program: 64 grab samples (bedrock and float) collected across Olympus, Copper Junction, and ERT target zones.
• Highlight Assay Values:
• Apollo (Olympus – Float): 2.8 g/t Au, 16.8 g/t Ag, 0.01 % Cu, 0.03 % Mo, 0.03 % Pb
• Artemis (Olympus – Float): 0.2 g/t Au, 183 g/t Ag, 0.15 % Cu, 0 % Mo, 4.31 % Pb
• Typhon (Olympus – Grab): 0 g/t Au, 0.7 g/t Ag, 0 % Cu, 3.41 % Mo, 0 % Pb
• Silver Train (Copper Junction – Float): 0.1 g/t Au, 409 g/t Ag, 1.90 % Cu, 0 % Mo, 0 % Pb

• ERT Zone (ERT – Float): 2.0 g/t Au, >10,000 ppm Ag (over‑limit), 0.59 % Cu, 0 % Mo, 3.04 % Pb

• Sample Frequency Above Thresholds:

• ≥0.2 ppm Au: 4 samples
• ≥100 ppm Ag: 3 samples
• ≥0.1 % Cu: 3 samples
• ≥1,000 ppm Mo: 4 samples

• ≥1 % Pb: 2 samples

• Drilling Update: Two drill holes completed in Copper Junction; equipment demobilized and sites fully remediated per permit requirements before winter. Core shipped to Whitehorse for logging; assay results pending.

• QA/QC Procedures: Samples processed by ALS Chemex (Vancouver) using ME‑MS61 (48‑element ICP‑MS) and AU‑ICP21 (fire‑assay + ICP‑AES). Over‑limit Ag result confirmed via fire‑assay gravimetric method; base metals analyzed with ore‑grade digestion.

• Corporate Comments: CEO Scott McLean highlighted that the sampling “continues to expand our property scale datasets… advance targets to the drill‑ready stage.”

Notable Quotes

“The results from our summer sampling work continue to expand our property scale datasets towards vectoring within this large and prospective geodynamic setting. This work has helped us advance targets to the drill‑ready stage, particularly at 3 of 5 large system scale target areas.” – Scott McLean, President & CEO

Materiality Assessment: Material – Positive (new high‑grade showings and progress toward drilling enhance project valuation).