Discovery of the Year Award Presented to Transition and Implats by Northwestern Ontario Prospector's Association

Discovery of the Year Award Presented to Transition and Implats by 
Northwestern Ontario Prospector's Association 
THUNDER BAY, ON, April 9, 2014 /CNW/ - Transition Metals Corp. (XTM - TSX.V)  
("Transition", "the Company") is pleased to announce that the Bernie 
Schneiders Discovery of the Year Award has been presented to Transition Metals 
and Impala Platinum Holdings Limited (Implats) in recognition for the Sunday 
Lake Platinum discovery. The award was presented last night by the 
Northwestern Ontario Prospectors Association (NWOPA) to representatives of the 
discovery team at the annual awards dinner hosted during 2014 Northwestern 
Ontario Mines and Minerals Symposium in Thunder Bay. 
NWOPA awards committee member Don Hoy congratulated the team commenting "we 
are all pleased to see another significant platinum discovery realized in the 
Thunder Bay region. It confirms our conviction that Northwestern Ontario 
remains a great place to explore. Northwestern Ontario is a low cost, stable 
jurisdiction with great infrastructure and a skilled workforce that continues 
to prove itself to be a rewarding region to make discoveries. We wish the team 
at Transition continued success as they continue to work with partner Implats 
to advance Sunday Lake." 
Sunday Lake Project Update 
One drill is on site at the Sunday Lake project with a total of 2,500 metres 
of drilling planned to focus on expanding the extent of mineralization 
intersected during the discovery program.  Geophysical crews have been 
mobilized to site to conduct borehole EM surveys in accessible holes completed 
during the discovery program. 
About the Sunday Lake Property 
The Sunday Lake Property is located approximately 25 km north of Thunder Bay 
and 25 km west of Panoramic Resources Limited's, Thunder Bay North deposit and 
consists of staked claims and privately owned land optioned in 2013 from Rio 
Tinto Exploration Canada Inc. (RTEC) and other property holders. The property 
covers a 3.5 km diameter circular reversely-polarized magnetic anomaly 
associated with a large buried mafic-ultramafic intrusion interpreted to be 
Proterozoic in age and related to the Midcontinental Rift (MCR). The MCR is a 
2,000 km long geological rift in the center of North America that formed when 
the North American craton began to split apart about 1.1 billion years ago. 
Early phases ('early-rift') of mafic to ultramafic intrusive rocks, with high 
associated PGMs occur within the MCR. In recent years, several deposits have 
been discovered in the MCR, including: 

    --  Lundin Mining Corporation's Eagle deposit: 5.33 Mt @ 3.1% Ni,
        2.5% Cu, 1.32 g/t PGM (Probable) ¹
    --  Panoramic Resource Limited's Thunder Bay North deposit: 9.83 Mt
        @ 2.87 g/t Pt-Eq for 0.741 Moz Pt-Eq (Indicated) + 0.53 Mt @
        2.87 g/t Pt-Eq for 0.05 Moz Pt-Eq (Inferred)²

Qualified Person

The technical elements of this press release have been reviewed and approved 
by Mr. Grant Mourre, P.Geo. (APGO), a Qualified Person under National 
Instrument 43-101..

(1) Resource reported by Lundin Mining, July 2013 NI 43-101 Technical Report 
on the Eagle Mine, Upper Peninsula of Michigan, USA

² Resource reported by Panoramic Resources, Thunder Bay North deposit: 2011 
JORC compliant mineral resources estimate prepared by AMEC Americas Ltd.

About Transition Metals Corp

Transition Metals Corp (XTM -TSX.V) is a Canadian-based, multi-commodity 
project generator that specializes in converting new exploration ideas into 
Canadian discoveries. The award-winning team of geoscientists has extensive 
exploration experience in established, emerging and historic mining camps, and 
actively develops and tests new ideas for discovering mineralization in places 
that others have not looked, which often allows the company to acquire 
properties inexpensively. The team is rigorous in its fieldwork, and combines 
traditional techniques with newer ones to help unearth compelling prospects 
and drill targets. Transition uses the project generator business model to 
acquire and advance multiple exploration projects simultaneously, thereby 
maximizing shareholder exposure to discovery and capital gain. Joint venture 
partners earn an interest in the projects by funding a portion of higher-risk 
drilling and exploration, allowing Transition to conserve capital and minimize 
shareholder's equity dilution. The company, which went public in 2011, has an 
expanding portfolio that currently includes 30 gold, copper, nickel and 
platinum projects primarily in Ontario, Nunavut and Saskatchewan.

Cautionary Note on Forward-Looking Information

Except for statements of historical fact contained herein, the information in 
this news release constitutes "forward-looking information" within the meaning 
of Canadian securities law. Such forward-looking information may be identified 
by words such as "plans", "proposes", "estimates", "intends", "expects", 
"believes", "may", "will" and include without limitation, statements regarding 
estimated capital and operating costs, expected production timeline, benefits 
of updated development plans, foreign exchange assumptions and regulatory 
approvals. There can be no assurance that such statements will prove to be 
accurate; actual results and future events could differ materially from such 
statements. Factors that could cause actual results to differ materially 
include, among others, metal prices, competition, risks inherent in the mining 
industry, and regulatory risks. Most of these factors are outside the control 
of the Company. Investors are cautioned not to put undue reliance on 
forward-looking information. Except as otherwise required by applicable 
securities statutes or regulation, the Company expressly disclaims any intent 
or obligation to update publicly forward-looking information, whether as a 
result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that 
term is defined in the policies of the TSX Venture Exchange) accepts 
responsibility for the adequacy or accuracy of this release.

SOURCE  Transition Metals Corp. 
Further information is available at or by 
contacting: Scott McLean, President and CEO, Transition Metals Corp., Tel: 
(705) 669-0590; Robert Thaemlitz, Financial Communications, Renmark, Tel. 
(514) 939-3989 
To view this news release in HTML formatting, please use the following URL: 
CO: Transition Metals Corp.
ST: Ontario
-0- Apr/09/2014 13:28 GMT
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