Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Transition Metals called Rio Tinto’s commitment to the Janice Lake mine in Saskatchewan an encouraging sign for its Wollaston Copper project because, located just 67km south, the company is looking for a mining partner.


Wollaston’s copper showings have the potential to host sedimentary-hosted copper mineralization like that at Janice Lake, Transition said.


Wollaston’s underlying rocks are interpreted to be on Janice Lake’s strike equivalents, where Rio Tinto has received permits from the provincial government to construct a 99km access trail. The global miner will also install a temporary 65-80-person capacity work camp to begin drilling and mineral exploration.


Scott McLean, Transition’s president and chief executive officer, said Rio Tinto’s plans will help the Canadian company to focus on Wollinston and attract a partner to jointly explore the property.

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