March 17, 2023
T2 Metals Corp. (TSX-V: TWO)(OTC: AGLAF) — currently trading around C$0.40 per share — has completed interpretation of existing airborne and surface geophysical data from its Sherridon copper-zinc-gold project, Canada.
The flagship project is situated within the prolific Flin Flon/Snow Lake volcanic hosted massive sulfide (VHMS) mining camp in central-western Manitoba.
The datasets were made available by Halo Resources — T2’s joint venture partner on the project — and are currently being incorporated into a comprehensive geophysical model that, in turn, will guide the company’s upcoming Q3 2023 drill program at Sherridon. T2 holds rights to earn-in 90% of twenty-eight Sherridon claims.
T2 Metals CEO Mark Saxon — whom you’re about to hear from directly in our exclusive interview — commented via press release:
“Although the Sherridon archives were well organized, assessing the data provided proved to be a major task due the size of the dataset and magnitude of past mining and exploration. By re-processing and interpreting airborne and surface data we are now well positioned to move ahead with a drilling program that will seek to expand on historical resources and provide new discoveries.”
Already, the Sherridon project comprises four near-surface historical (2010) resource-stage Cu-Zn-Au deposits — including the Sherrit Gordon Mine; 8 million tonnes of past production — within a 4 km radius and is situated nearby to operating mines.
Mining of the Sherritt Gordon deposit at Sherridon took place between 1931 and 1951, over which time 7.74 million tonnes were mined at an average grade of 2.46% Cu, 2.84% Zn, 0.6 g/t Au, and 33 g/t Ag — obviously, some very high grades.
T2 Metals’ forthcoming drill program — slated for Q3 2023 — is being deployed to test for mineralization in underexplored target areas down dip and along strike from the known historical resources at the 50 sq km resource-stage project.
Additionally, T2 just wrapped up Phase-1 drilling at its 100%-owned Lida copper-silver-gold property in Nevada’s Walker Lane Mineral Belt with assays due soon.
And the company is advancing its 100%-owned Cora copper-porphyry project in the south-central Arizona Copper District where the aim is to get the drills turning there later this year.
Also worth noting, the T2 team is perpetually on the hunt for additional accretive acquisitions in other Tier-1 mining jurisdictions. So plenty of near-term catalysts and news flow ahead for T2 over the coming quarters.
To get a handle on all the upcoming catalysts, our own Gerardo Del Real of Junior Resource Monthly sat down with T2 Metals CEO Mark Saxon to get his first-hand take on the momentum that’s currently building. Please enjoy!
For additional information on Vancouver-based T2 Metals, be sure to contact the company’s IR department at email@example.com.
Editor, Resource Stock Digest