Australian based Transition Resources (Transition) is an unlisted public company, research focused explorer, and near-term producer.
Mineral assets include over 1,000 square kilometres of tenements in Cloncurry, Queensland, Australia, which are surrounded by World Class deposits and existing mining infrastructure developed over many decades.
Near term production opportunities include new discoveries by Transition of copper-gold and gold-tungsten deposits. Advanced new and historical drill ready projects include copper, gold, tungsten, rare earths, graphite, vanadium and cobalt.
Metal focus:
Transition’s unparalleled discovery success supports near-term revenue opportunities from two new mines:
COPPER-GOLD
Highest grade undeveloped open-pit copper project in Cloncurry today.
GOLD-TUNGSTEN
Highest grade undeveloped open-pit gold project in Cloncurry today.
Advanced exploration includes copper, gold, tungsten, rare earth elements, graphite, and vanadium.
Transition is enjoying rare discovery success with unfolding new discoveries, and near-term revenue opportunities from two new mines.
Transition is delivering on its business model which is to expedite the path from discovery to revenue, minimise shareholder dilution, and maximise earnings per share.
Current exploration & mining projects
Return on investment
Transition is committed to delivering shareholder value through innovative research, sustainable exploration, discovery success, and strategic development.
Bigger projects do not always equal bigger returns…
By utilising existing regional processing assets (toll treating copper-gold) and building a new low-cost gravity plant (gold-tungsten) high returns are possible with reduced capital risk.
Transition’s projects are gifted by circumstance including outcropping orebodies, shallow open-pits, toll-processing opportunities, major nearby regional township, sealed road and rail at the mine gate, and a mining-friendly Queensland government. Resource upside is significant and new discoveries are anticipated.
Shareholder Focus
Transition is motivated by the ethical advancement of its business, providing investors a fair return on their risk, and leaving all stakeholders better off than they were before.
Transition is guided by a business model which aims to expedite the path from discovery to revenue, minimise shareholder dilution and maximise earnings per share.
$30 million invested to date, the next $30 million should generate first revenue.
Transition Resources KPI’s
Prospects
identified
High Value
Targets
Drilled to
date
To inform new
MRE’s (78%)
Invested
to date
Research focus
Transition’s early work has been to understand and, where appropriate, redefine the accepted geological model that has dominated the Cloncurry District for the last 50 years or so. Transition’s Research and Development programme is broad-brushed and includes detailed scientific evaluation of geochemistry, geophysics, biogeochemistry and petrographic analysis.
This work is premised by significant prior work on the North West Minerals Province of Queensland by Transition’s Technical Advisor for R&D, Emeritus Professor Ken Collerson.
From this work, Transition has developed
A novel Mineral
System Model
that explains the metallogenic evolution of mineral systems in the Cloncurry region of the North West Minerals Province of Queensland.
Improved
understanding
of metal endowment and depositional settings including metal source, transport mechanisms, heat source, and structural controls.
Alternative exploration methodologies
which are guiding target generation and leading to new greenfield gold-tungsten discoveries and brownfield copper-gold discoveries.
Quick links and other references
Shareholder Update 124
Download a copy of Emeritus Prof. Ken Collerson‘s Publication in Geoscience.