Transition Metals Corp. announce surface sampling results from work completed earlier this summer on the Pike Warden Au-Ag- Cu Property located approximately 65 kilometres southwest of Whitehorse. Of significance, a broad exposure with elevated silver values was exposed by hand trenching at the ERT Zone that Company geologists interpret as having characteristics of a high-level expression of a high sulphidation epithermal Ag-Au system.

Epithermal Au-Ag deposits are found throughout the Cordilleran and are an important deposit type world-wide because of their typical high grade "bonanza"-style mineralization. These deposits are typically found with centres of magmatism and volcanism. The property is located near the boundary between the Jurassic andesites and siliciclastic rocks of the Stikine Terrane and Paleozoic gneisses of the Nisling Terrane which are intruded by late Triassic to Cretaceous intrusions of the Coast Plutonic Complex2.

There are at least four Late Paleocene to Early Eocene volcanic complexes of the Skukum Group that in part overlie the older lithologies, including the Mount Skukum volcanic complex (MSVC) and the Bennett Lake volcanic complex (BLVC). The MSVC and the structures associated with it's emplacement host the Skukum Creek deposit. The Skukum Creek gold-silver deposit is estimated to contain an Indicated Mineral Resource of 1,001,300 tonnes at 7.75 g/t Au equivalent and an additional Inferred Mineral Resource of 537,000 tonnes at 6.22 g/t Au equivalent.

The Pike-Warden Property is located approximately 10 km to the south and associated with the BLVC which is a 19-by-30 km volcanic centre.