(NewsDirect)
Transition Metals CEO Scott McLean joinedSteve Darling from Proactive to share some exciting updates about thecompany's Maude Lake Property in Ontario. The company recentlycompleted a comprehensive ground fixed loop electromagnetic survey onthe property, aiming to gain insights into the subsurface geology andpotential mineralization.
Theelectromagnetic survey covered an area of 174 hectares and has yieldedpositive results. It confirmed the presence of a large conductivetarget situated down dip from the mineralization previouslyintersected at Maude Lake in the fall. This discovery is a significantdevelopment for the project as it provides valuable information aboutthe potential presence of mineral resources in the area.
Furthermore, McLean also revealed thatTransition Metals has been selected to receive up to $200,000 infunding, which will cover 50% of eligible exploration costs for theproject. This grant is focused on supporting exploration efforts forCritical Minerals within Ontario. Receiving this funding represents ameaningful milestone for the company as it demonstrates governmentsupport for advancing the exploration of the high-grade magmaticnickel project.
With these positive developments, TransitionMetals is well-positioned to continue its exploration efforts andpotentially unlock further mineral resources in the Maude LakeProperty, contributing to the company's growth and success in themining industry.
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ProactiveCanada
+1 604-688-8158
na-editorial@proactiveinvestors.com
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