Transition Metals (TSXV: XTM) is pleased to report that recent sampling of the waste rocks at the Big Four showing returned up to 3.04 percent Co and 31.6 g/t Ag from grab sampling of cobaltite-rich material.
As quoted in the press release:
Transition CEO Scott McLean commented that “Although past work on the property has highlighted the presence of a robust gold system that appears to be getting stronger at depth, the property is adjacent to the past-producing silver deposits of the Gowganda silver-cobalt camp. Many of the structures hosting the gold mineralization correlate with the location of the silver mineralization that was mined in the adjacent Nipissing diabase sills. The company believes that Gowganda Property has excellent potential to host both gold and cobalt mineralization.”
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