Northwire Canada EditionSunday, August 2, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Transition Metals begins drilling at Pike Warden

By The Northwire Desk — AI Analysis Oct 06, 2025 · 14:57 XTM · 0.075 Transition Metals Corp.
XTM · Price

Executive Summary

  • Transition Metals Corp. has mobilized a diamond drill to begin testing 17 drill‑ready targets in the Copper Junction area of its 100 % optioned Pike Warden project, Yukon.
  • The fall drilling program is expected to last three to four weeks, weather permitting, with all core to be shipped to Whitehorse for logging and assay.
  • Historical sampling on the property has returned high‑grade polymetallic values (up to 48.1 g/t Au, 11,270 g/t Ag, 7.49 % Cu, 2.37 % Mo), underscoring the project's exploration potential.

Key Details

  • Project & Location: Pike Warden project, 4,100 ha (≈41 km²) on the northern rim of the Bennett Lake caldera complex, ~70 km south of Whitehorse, Yukon.
  • Drilling Scope: Diamond drill mobilized to test select seasonally accessible targets from 17 pre‑identified sites within the Copper Junction area.
  • Timeline: Anticipated drilling duration is three to four weeks, contingent on weather; core will be transported to Whitehorse for detailed logging and sampling.
  • Geological Context: The area lies within a large collapsed volcanic centre favorable for polymetallic porphyry Cu and epithermal Au‑Ag systems; structural features linked to the Bennett Lake caldera are being targeted.
  • Historical Assay Highlights (for context):
  • Up to 48.1 g/t Au, 11,270 g/t Ag, 7.49 % Cu, 2.37 % Mo from surface showings.
  • Recent grab samples: up to 5.58 % Cu and 0.76 g/t Au (historical work); 3.63 % Cu and 0.55 g/t Au (samples since 2021).
  • Exploration Work Prior to Drilling:
  • Summer 2025 rock sampling program pending assay results; identified at least two new showings.
  • IP survey refined ZTEM low‑resistivity zones, delineating a broad area of elevated chargeability east of the Copper North target.
  • Qualified Person: Benjamin Williams, P.Geo., senior geologist at Transition Metals, reviewed and approved the technical content per NI 43‑101.

Notable Quotes

“We are pleased to begin drill testing some of the targets we have defined on this project. The drilling will evaluate prospective areas under cover associated with structural features linked to the Bennett Lake caldera complex.” – Scott McLean, CEO, Transition Metals Corp.

Read the original news release →

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Drill Results