Transition Metals (TSX-V:XTM) has resumed field activities at its Pike Warden Project in southern Yukon, Canada, in preparation for a first-pass drill program at the Saddles target area.
The Pike Warden Project is a district‑scale property covering approximately 41km² of the Bennett Lake Caldera Complex, known for its favourable geology to host polymetallic mineral systems.
Work to date by Transition Metals has identified five large-scale target areas, including three for porphyry copper and two for epithermal gold‑silver. Saddles is one of the gold-silver targets, with previous sampling returning values of 44.5 grams per tonne gold and 491 g/t silver.
The company has so far identified four showings at the target area, characterised by oxidised, rusty float trains of quartz vein material hosting base and precious metals. However, it has faced difficulties accessing the outcropping bedrock due to the landscape.
According to Transition Metals, the current program at Saddles comprises hand trenching and stripping to expose mineralised bedrock to obtain length weighted channel samples, and to map structural controls to refine drill targets.
“This program aims to expose zones of subcropping veining at the Saddles target so that their size, orientation, and grade over width can be properly evaluated in bedrock ahead of a first‑pass drilling program,” CEO Scott McLean says.
He also notes that the style of mineralisation observed at Saddles is consistent with intermediate‑sulphidation veining similar to that associated with the nearby Skukum Gold/Steller deposits, which are being advanced by Blue Jay Gold (TSX-V:JAY).
Earlier this year, Transition vested a 100% interest in the Pike Warden property, consolidating its control over the property and positioning it for continued exploration and partnering opportunities.
Transition Metals is a multi-commodity explorer leveraging partner funding to advance multiple projects across Canada.
Write to Jackson Chen at Mining.com.au
Image: Transition Metals
