Mike Fagan,
Editor
Aug. 4, 2023
T2 Metals Corp. (TSX-V: TWO)(OTC: AGLAF) — currently trading around C$0.17 per share — is setting up for 1,600-plus meters of drilling across 10 holes at the flagship Sherridon copper-zinc-gold project in Manitoba, Canada.
The 50 sq km, resource-stage Sherridon project is a VHMS-style (volcanic-hosted massive sulfide) property located in the prolific Flin Flon mining camp of northwestern Manitoba, Canada — a Tier-1 mining district.
The project includes 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.
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The upcoming drill program will focus on the Lost Lake, Cold Lake, and Bob Lake historical resource areas where high-grade copper and zinc mineralization has previously been discovered from surface to more than 250 meters vertical depth.
T2 Metals CEO Mark Saxon — whom you’re about to hear from directly in our exclusive interview — commented via press release:
“The Sherridon VHMS camp is a well-known part of the Flin Flon-Snow Lake mining district. Despite substantial past production and multiple prospects with high-grade Cu-Zn mineralization like that shown in Table 1 (below), the area has not received any recent exploration. In partnership with the Kiciwapa Cree, we are excited to get discovery and development work underway once again.”
As noted, this will be the first significant exploration and drilling at the Sherridon prospect area in more than a decade.
Based on the high copper and zinc values as denoted in the above table, particularly at the Cold Lake and Lost Lake targets, the team at T2 is systematically working towards final permitting with plans to have the drills turning later this quarter.
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And far from a one-trick pony, T2 is simultaneously advancing its 100%-owned, drill-ready Cora copper-porphyry project in the south-central Arizona Copper District where drilling is expected to commence before year-end. The company is also advancing its 100%-owned Lida copper-silver-gold property in Nevada’s Walker Lane Mineral Belt.
Our own Gerardo Del Real of Junior Resource Monthly caught up with T2 Metals CEO Mark Saxon for an overview of the drill programs lining up for the second half of the year. Please enjoy!
For additional information on Vancouver-based T2 Metals, be sure to contact the company’s IR department at 604-685-9316 or via email at info@t2metals.com. Sign up to receive updates directly from the company at the T2 Metals corporate website.
Mike Fagan
Editor, Resource Stock Digest