Transition Metals Corp. (TSXV:XTM) announced that it has expanded the size of its Janice Lake property in north-central Saskatchewan, to 11,684 ha (117 km2) up from 6,880 ha.
As quoted in the press release:
The additional land was staked in December after a comprehensive data review indicated the geological environment that hosts the mineral occurrences at Janice Lake extends to the northeast and southwest of the property, and that there is potential to discover additional sedimentary hosted copper/silver mineralization in this underexplored area.
Transition Metal’s CEO, Scott McLean, said:
When you consider the widespread occurrence of copper mineralization at surface and how little drilling has been done, you get the sense that the potential for a significant discovery is high.