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Transition and Aldershot Report Initial Assay Results from Drilling at Gowganda

SUDBURY, ONTARIO–(Marketwired – March 1, 2017) – Transition Metals Corp. (TSX VENTURE:XTM) (“Transition”) and Aldershot Resources Ltd. (“Aldershot” or the “Company”) (TSX VENTURE:ALZ)(FRANKFURT:ASL1)(OTC PINK:ALZTF), are pleased to report on initial assay results from drilling completed on the Gowganda Gold project located 75 kilometres southwest of Kirkland Lake Ontario. The results are from the first two, of eleven completed holes for which additional assay results remain pending. Holes TMH-17-022 and TMH-17-023 were drilled to test for a down plunge continuation of stockwork veining exposed at surface in the vicinity of the Annie’s Ladder showing. Both holes intersected intervals of strong alteration and elevated gold which is summarized below in Table 1.