Transition Metals Kicks Off Drilling at Saturday Night PGM Discovery, Attending Key Conferences

Transition Metals Corp. (TSXV: XTM) has initiated its 2025 drilling program at the Saturday Night PGM Project near Thunder Bay, Ontario. The program includes two drill holes totaling approximately 1,500 metres to test the basal contact of the mineralized Saturday Night layered intrusion. 50% of the program cost ($200,000) will be funded through an Ontario Junior Exploration Program grant.

Previous drilling in 2016 yielded promising results, including 6.25 metres averaging 1.07g/t PGMs, with a higher-grade section of 4.0 g/t PGM and 0.56% Cu over 0.30 metres. The project is interpreted as an early Mid-Continental Rift intrusion, similar to other mineralized sites like Eagle Mine in Michigan and the Tamarack project in Minnesota.

Transition Metals will also be attending the Vancouver Resource Investment Conference (VRIC) and the AME Cordilleran Roundup Conference (Roundup) to develop relationships towards on-going and new business arrangements. The company has numerous projects available for option or purchase, and interested parties can arrange meetings with Bill Stormont, Corporate Development Manager, by email at bstormont@transitionmetalscorp.com or by telephone at 778-868-9571.

The Company is currently drilling on its Saturday Night project, undertaking approximately 1,500 metres of drilling, in a minimum of two holes. The drilling will test for extensions to the mineralization intersected in the 2016 discovery hole, and to more fully assess the prospectivity of the Saturday Night Intrusion.

About the Saturday Night Project
The Saturday Night Project, wholly owned by Transition Metals, comprises 63 staked mining claims situated in Fowler Township, approximately 30 kilometres northwest of Thunder Bay, Ontario within the Robinson Superior Treaty area. The project has year-round road access to a main highway and is close to infrastructure. The exploration work to date has confirmed that a magnetic anomaly found on the Property is linked to an underlying mafic-ultramafic Saturday Night Intrusion (SNI), which is interpreted to have originated during the Proterozoic era and is associated with the renowned Midcontinental Rift (MCR).

The MCR is a geological feature that extends over 2,000 kilometres across the heart of North America. It formed around 1.1 billion years ago as the North American craton began to rift. Notably, the early stages of this rift (referred to as 'early-rift') are associated with the presence of mafic to ultramafic intrusive rocks that contain significant quantities of platinum group metals (PGMs). Nearby MCR related deposits include the Thunder Bay North and Sunday Lake deposit. The Sunday Lake deposit was discovered by Transition in partnership with Implats Platinum in 2013. Other rift related Ni-Cu and PGM bearing systems include the Eagle deposit located in Michigan, and the Tamarack and Duluth deposits located in Minnesota. The Saturday Night Project is currently in the early exploration phase, with ongoing assessments aimed at determining the potential of the Property to host PGM mineralization of interest. The Property is subject to an underlying 1.0% Net Smelter Return royalty (see company press releases dated September 8, 2020).

Government Exploration Grant Program (OJEP)
Transition Metals Corp. would like to acknowledge financial support from the 2024-25 Ontario Junior Exploration Program (OJEP) for the Saturday Night Project, in Ontario. Through the OJEP program, Transition has been selected to receive up to $200,000 to cover 50% of eligible explorations costs on the project, aimed at facilitating the exploration of Critical Minerals within Ontario. The receipt of these grants represents a meaningful milestone, leveraging government support towards advancing the exploration of this magmatic PGM project.