Northwire Canada EditionMonday, August 3, 2026
Northwire
FAIR 0.050 +0.0% ELR 0.345 +0.0% LMCU 8.77 +0.0% MKA 0.720 +0.0% SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0% FAIR 0.050 +0.0% ELR 0.345 +0.0% LMCU 8.77 +0.0% MKA 0.720 +0.0% SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0%
Drill Results

Transition Metals defines drill targets at Pike Warden

XTM · Price

Executive Summary

  • Transition Metals Corp. announced the identification of 17 drill‑ready targets across four prospective zones at its 100 % optioned Pike Warden project in southern Yukon.
  • The summer 2025 field program generated 8.9 km of ground IP geophysics, collected 64 new rock samples (total ~1,900 samples) and integrated high‑density LiDAR, orthophoto and structural analysis to outline three porphyry Cu‑Mo centers and two epithermal Au‑Ag centers.
  • The company plans to mobilize a drill campaign this fall to test one to three of the newly defined targets while seasonal drilling conditions permit.

Key Details

  • Target Definition: 17 drill‑ready targets identified within Copper Junction, Copper North, ERT and Golden Saddles areas; five large‑scale prospective zones (3 porphyry Cu‑Mo, 2 epithermal Au‑Ag).
  • Geophysics: 8.9 km of ground IP surveying refined resistivity anomalies highlighted by the 2024 airborne ZTEM survey and revealed a broad zone of elevated chargeability/resistivity adjacent to known porphyry exposures east of Copper North.
  • Sampling: 64 additional rock samples collected (total ~1,900 rock/soil samples). Historic assay highlights include up to 48.1 g/t Au, 11,270 g/t Ag, 7.49 % Cu and 2.37 % Mo; results from the latest 64 samples are pending.
  • Historical Highlights: Prior sampling returned values of 11,270 g/t Ag, 48.1 g/t Au, 7.49 % Cu, 59.6 % Pb, 2.37 % Mo and 2.61 % Zn. Maiden drilling at the ERT zone (2022) produced percussion samples up to 468 g/t Ag, 0.19 g/t Au, 163.5 ppm Cu and 1,150 ppm Zn over 1.5‑m intervals.
  • Planned Drilling: Initial fall 2025 drill program will evaluate 1–3 of the 17 targets while seasonal conditions allow.
  • Qualified Person: Benjamin Williams, P.Geo., senior geologist (NI 43‑101 qualified).

Notable Quotes

“The summer, 2025, program caps four consecutive field seasons of systematic work in Yukon, building robust geoscientific data sets to advance Pike Warden. We now have drill‑ready targets and we intend to mobilize a drill this fall to evaluate mineralization beneath shallow cover.” – Scott McLean, CEO, Transition Metals Corp.

Read the original news release →

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