FOSTUNG TUNGSTEN PROPERTY

• XTM holds a 100% interest in 1,114 hectares encompassing 50 mining claims that cover 5.5 kilometres of strike length that is prospective for skarn-type mineralization in calcareous Huronian sediments
• In 2007, SRK Consulting estimated an Inferred Mineral Resource of 12.4 Mt grading 0.213 wt. % WO₃ using a 0.125 wt. % WO₃ cut-off¹ for the historic deposit
• The Main Zone, which is historically estimated to contain 58,000,000 pounds¹ of WO₃, is defined by an 800 metre by 210 metre zone extending from surface down to a vertical depth of 150 metres. Mineralization remains open along strike and at depth

¹ Source: NI 43-101 Technical Report on Resources, Golden Predator Mines Inc., Fostung Project Foster Township, Ontario, Canada. Prepared by SRK Consulting, November 30, 2007. Transition has not done sufficient work to classify this historical estimate as a current mineral resource hence it should not be relied upon.