T2 Metals Begins Downhole EM at Sherridon Copper-Gold Project, Manitoba

Rhea-AI Summary

T2 Metals Corp (TSXV: TWO) (OTCQB: TWOSF) has initiated a downhole electromagnetic (DHEM) survey program at its Sherridon VMS Project in Manitoba. The program, conducted by EarthEx Geophysical Solutions, will test eight holes to identify potential massive sulphide deposits up to 200m from each hole.

The company's recent drilling programs have yielded significant results, including intersections of 6.49m @ 1.82% Cu, 3.34% Zn, 0.74 g/t Au, 16.0 g/t Ag from 97.15m (SHN24014) and 23.50m @ 1.18% Cu, 1.46% Zn, 6.8 g/t Au and 40.4 g/t Ag from 38.00m (SHN23005). T2 Metals is preparing for a Q1 2025 drilling program, which is fully funded and scheduled to begin within a month. Complete results from the Q4 2024 drilling program are expected by the end of January 2025.

Positive

• High-grade drilling results with significant copper, zinc, gold, and silver mineralization
• Fully funded for Q1 2025 drilling program
• Implementation of advanced DHEM technology for precise target identification

Negative

• None.

Mineralized Holes From 2024 and 2025 Drill Programs to be Tested

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce the commencement of a downhole electromagnetic (DHEM) program at the Sherridon Volcanogenic Massive Sulphide ("VMS") Project in Manitoba. DHEM is an electrical geophysical method which identifies the presence and location of massive mineralization in the vicinity of the drill hole.

Eight holes are planned to be tested with DHEM by EarthEx Geophysical Solutions Inc ("EarthEx") of Winnipeg, Manitoba. The DHEM method is designed to delineate off hole conductors up to 200 m from the hole in all directions, which may represent undrilled massive sulphide. The EarthEx crew are currently on site at Sherridon, and measurement will begin soon.

In combination with assay results, geological interpretation, and surface geophysics, the results from the DHEM survey will be used to identify targets for future drill testing during 2025.

Mark Saxon, CEO of T2 Metals Corp. commented, "We look forward to receiving the DHEM results from Sherridon and appreciate the efforts of the EarthEx crew under winter conditions. This type of geophysical survey is tried and tested for VMS deposits, with nearby peers Foran Mining Corp and Callinex Mines Inc each having achieved targeting success. DHEM can identify sub-surface EM conductors well away from the position of the drill hole, that may represent massive sulphide which form high priority exploration targets for future drill testing.

In addition to undertaking this new geophysical work, we anticipate all results from the Q4 2024 drill program will be available for reporting before the end of January, the results from which are helping to guide our 2025 winter drilling program."

Sherridon is a well-known VMS camp in the Flin Flon - Snow Lake Greenstone Belt, having both a significant mining history and five near surface copper-rich historical mineral resources (see Press Release dated November 1 2024). Drilling by T2 Metals during 2023 and 2024 intersected high grade copper and gold over significant intervals at the Lost Lake and Cold Lake prospects including:

SHN24014 6.49 m @ 1.82% Cu, 3.34% Zn, 0.74 g/t Au, 16.0 g/t Ag from 97.15 m
(See press release dated 14^th December 2024)

SHN23005 23.50 m @ 1.18% Cu, 1.46% Zn, 6.8 g/t Au and 40.4 g/t Ag from 38.00 m;
(See press release dated 1^st March 2024)

Preparation is underway for a Q1 2025 drilling program, planned to begin within a month, when winter conditions allow, and for which the Company is fully funded. Drilling results from the Q4 2024 program are anticipated to be available for release in full before the end of January 2025.

The qualified person for the Company's projects, Mr. Mark Saxon, the Company's Chief Executive Officer, a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists, has reviewed and approved the contents of this release.

About T2 Metals Corp (TSX.V: TWO) (OTC: AGLAF) (WKN: A2DR6E)

T2 Metals Corp is an emerging copper and precious metal company enhancing shareholder value through exploration and discovery. T2 is focused on the Sherridon Project in Manitoba, the Lida and Copper Eagle Projects in Nevada, and the Cora Project in Arizona.

ON BEHALF OF THE BOARD,

"Mark Saxon" Mark Saxon President & CEO

For further information, please contact: t2metals.com 1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7 info@t2metals.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Figure 1: Location of Sherridon Project, Manitoba with competitor projects.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7326/237095_7c0de00364c47a6a_002full.jpg

Cautionary Note Regarding Forward-Looking Statements

Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements.

These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. Such risks include uncertainties relating to exploration activities. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237095

FAQ

What are the latest drilling results from T2 Metals (TWOSF) at Sherridon Project?

Recent drilling results include 6.49m @ 1.82% Cu, 3.34% Zn, 0.74 g/t Au, 16.0 g/t Ag from 97.15m in hole SHN24014, and 23.50m @ 1.18% Cu, 1.46% Zn, 6.8 g/t Au and 40.4 g/t Ag from 38.00m in hole SHN23005.

When will T2 Metals (TWOSF) begin its Q1 2025 drilling program at Sherridon?

T2 Metals plans to begin its Q1 2025 drilling program within a month, pending suitable winter conditions.

What is the purpose of T2 Metals' (TWOSF) DHEM survey at Sherridon?

The DHEM survey aims to identify off-hole conductors up to 200m from drill holes, which may represent undrilled massive sulphide deposits for future exploration targets.

When will T2 Metals (TWOSF) release its Q4 2024 drilling results from Sherridon?

T2 Metals expects to release complete results from its Q4 2024 drilling program before the end of January 2025.