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Transition Metals Reports New Zones of Mineralization at Highland Gold project in Cape Breton in Nova Scotia

Mining News - Published on Fri, 20 Sep 2019

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Transition Metals Corp disclosed the balance of assay results from a program of reverse circulation drilling completed this summer at its Highland Gold project in Cape Breton, Nova Scotia. The results are interpreted to confirm strike and dip extensions to mineralization identified at Zone 6A and indicate significant grades and thicknesses of gold at Zone 6B which is located approximately 250 metres southwest of Zone 6A. Testing Zone 6B, hole 19-TMC-RC-11 intersected 9.0 metres grading 6.14 g.t Au including 2.0 metres grading 25.46 g/t Au. Zones 6A and 6B are respectively located approximately 2 kilometres east of Main Zone where RAB drilling completed by the Company in late 2018 returned a 9.14 metre interval grading 23.22 g/t Au.

Company CEO Scott McLean said "The results from this drilling program highlight significant grades and widths of gold mineralization in three separate zones that occur within a 2 square kilometre portion of our property. Till geochemical sampling and geophysical data suggest good potential for an even larger camp scale target associated structures that occur extensively on the property. There is limited bedrock exposure hence further geophysics and drilling will be required to test this very prospective corridor and to begin to evaluate other prospective target areas identified on the property."

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Posted By : Rabi Wangkhem on Fri, 20 Sep 2019
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