Transition Metals Corp V.XTM

Discover Additional High Grade Polymetallic Mineralized Zone

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• Prospecting grab samples assay up to 954 g/t Ag, 832 g/t Ag, and 347 g/t Ag
• Sampling at the ERT has significantly expanded the known mineralized footprint of this target area
• 3 new showings discovered in previously unsampled northeastern portion of the property, highlighting new prospective areas
• Polymetallic nature of mineralization is encouraging for a larger epithermal system

Sudbury, Ontario--(Newsfile Corp. - September 11, 2023) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company") is pleased to provide an update regarding recent exploration work completed on its Pike Warden project ("the Property") located near Whitehorse, Yukon. The Company's exploration team, in conjunction with support provided by Archer, Cathro & Associates (1981) Limited, collected a total of 116 rock samples (grab and float samples) and 109 soil samples in July. In addition, remote sensing survey activities previously announced in a press release dated June 24, 2023, have been completed.

Scott McLean, P.Geo, CEO of Transition Metals, expressed his enthusiasm regarding progress at Pike Warden this summer, stating "The latest assay results, which include values as high as 954 g/t Ag, 0.312 g/t Au, and 2.32% Cu continue to reward the dedication of our team for its efforts in the Yukon. We are encouraged that the numerous mineralized zones identified to date are indicative of a large epithermal mineralizing event and look forward to advancing the project this year."

Transition Metals Discovers Additional High Grade Polymetallic Mineralized Zones, and Provides Exploration Update for the Pike Warden Project, Yukon (newsfilecorp.com)