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T2 Metals Corp. - AGLAF STOCK NEWS

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T2 Metals Corp. (TSXV: TWO) (OTCQB: AGLAF) (WKN: A2DR6E) is an emerging company dedicated to the exploration and discovery of copper and precious metals. The company is actively involved in multiple high-potential projects across North America, including the Sherridon Project in Manitoba, the Lida Project in Nevada, the Cora Project in Arizona, and the Copper Eagle Project in Nevada.

Recently, T2 Metals announced the staking of additional exploration claims at the Sherridon Project in Manitoba. This follows the discovery of shallow high-grade copper and zinc during Q4 2023. The new claims expand the company's footprint in the region, securing the along-strike potential of massive sulphides intersected during recent drilling. This project benefits from year-round road access and proximity to rail lines, enhancing its logistical viability.

One of the key highlights of T2 Metals' recent activities includes significant drill results such as 23.5 meters grading 1.18% Cu and 6.8 g/t Au at the Sherridon Project. These results underscore the high-grade nature of the deposit and point to substantial untapped potential. Additionally, T2 Metals has formed a valuable partnership with the Kiciwapa Cree Nation, ensuring local employment, training, and financial benefits for the Sherridon community.

The company's Copper Eagle project also shows promising initial results, with samples indicating significant copper, gold, and silver mineralization. The project is located in the prolific Walker Lane Mineral Belt, known for its world-class porphyry and skarn type copper deposits.

T2 Metals is financially supported by grants like the $300,000 from the Manitoba Mineral Development Fund, affirming the project's importance and potential impact on local economies. The company continues to focus on discovery and development, leveraging its strong partnerships and advanced geological models to uncover new high-value targets.

Under the leadership of CEO Mark Saxon, T2 Metals is committed to enhancing shareholder value through systematic exploration and responsible development of its diverse project portfolio. The company remains dedicated to ethical and sustainable mining practices, ensuring that their operations benefit both shareholders and local communities.

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T2 Metals Corp. (TSXV: TWO) (OTCQB: AGLAF) held its annual general meeting of shareholders on July 17, 2024. The company's shareholders re-elected Mark Saxon, Nick DeMare, Dušan Berka, and Amanda Dahl as directors. They also approved all other resolutions, including ratifying the existing stock option plan, which allows T2 to grant stock options up to 10% of its issued and outstanding common shares at the time of grant.

Following the meeting, the Board appointed Mark Saxon as President & CEO and Nick DeMare as CFO and Corporate Secretary. The audit committee now consists of Nick DeMare, Dušan Berka, and Amanda Dahl. CEO Mark Saxon expressed gratitude to shareholders for their support as the company prepares for a major drilling program.

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T2 Metals announced that it has raised $2.9 million through a private placement, gaining significant institutional investors including Aumontis Holding AG, Lowell Resources Fund, Earthlabs, and ARI Fund. The funds will support extensive exploration activities at their flagship Sherridon copper project in Manitoba, Canada. The project has historic resources of 362 million lbs of copper and 470 million lbs of zinc. Recent drilling has discovered high-grade gold and silver, opening new exploration opportunities. The company plans to undertake a comprehensive drilling program in H2 2024, including new drill targets and re-examining historical core samples. Additionally, T2 Metals received $300,000 from the Manitoba Mineral Development Fund to support this work.

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T2 Metals announced it has received a $300,000 grant from the Manitoba Mineral Development Fund (MMDF) to support its Sherridon copper-gold-zinc project in Manitoba. The Sherridon project has a rich mining history and significant historical resources. Recent drilling in 2023 revealed promising near-surface mineralization, including notable copper, zinc, gold, and silver deposits.

The company plans to follow up on these findings with further drilling and continue its collaboration with local Cree Nations and other stakeholders. The MMDF grant will aid in these efforts, and T2 Metals appreciates the Manitoba Government's support for the mining industry and northern economies.

The project aims to advance exploration and development while benefiting from the Manitoba Mineral Exploration Tax Credit (MMETC). The grant and tax credit make Manitoba an attractive region for mineral exploration, especially for critical raw materials.

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T2 Metals Corp. announces promising assay results from the Copper Eagle copper-gold project in Nevada, showcasing grades of 0.04% to 10% copper, 0.18 to 32.5 g/t silver, and 0.005 to 0.62 g/t gold. The project's potential is confirmed by the high-grade samples, hinting at epithermal or porphyry style mineralization. With the increasing demand for copper in electric vehicles and sustainable energy, T2 Metals aims to contribute to the US's domestic supply. The project's strategic location near major copper mines and accessible infrastructure bodes well for future exploration and development.
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T2 Metals Corp. and Kiciwapa Cree Nation receive joint award for positive impact of Sherridon Exploration Agreement. Exploration Agreement defines collaboration for Sherridon project in Manitoba, emphasizing employment, training, and community benefits. Reserve Fund established for community projects. Successful drilling program builds strong relationships. Positive feedback from company and community leaders.
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T2 Metals Corp. announces high-grade intersections at Sherridon Project, including 23.5m @ 1.18% Cu, 1.46% Zn, 6.8 g/t Au. The project showcases significant gold grades and potential VHMS mineralization. CEO Mark Saxon highlights the success of the exploration program.
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T2 Metals Corp. (AGLAF) announces staking of additional exploration claims at the Sherridon Project in Manitoba after high-grade copper and zinc results. The new claims secure potential massive sulphides, leading to identification of high merit targets for future exploration.
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T2 Metals Corp. announces high-grade copper and zinc results from the 2023 Q4 infill and delineation drill program at the Sherridon Volcanic-Hosted Massive Sulphide Project in Manitoba, with the most significant intersection being 10.0 m grading 2.74% CuEq at Lost Lake.
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T2 Metals Corp. reports high-grade copper-zinc intersections at the Sherridon VHMS Project, with the first batch of 2023 results showing significant mineralization. The project, with year-round road access, lies upon an operational train line and is located in a well-known VHMS camp in Manitoba. The company completed a successful drill program, intersecting intervals with semi-massive or massive sulphide, and reported high-grade mineralized drill intersections of copper, zinc, gold, and silver. The company's CEO and geological consultant expressed optimism for the potential extension of historic mineral resources and the discovery of new VHMS deposits. The project's strong regional metamorphism has created coarser grained sulphide mineralization, potentially enabling simpler metallurgy. The Sherridon area, although under-explored, holds high potential for VHMS deposits, with numerous geophysical follow-up opportunities and key VHMS-associated structural controls. The project's mineralization textures and assay results confirm the visual identification of semi and massive sulphide, extending historical drilling results by previous explorers. The project is also strategically located within the Flin Flon - Snow Lake Greenstone Belt, a highly prospective area for VHMS resources.
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T2 Metals Corp. (TSXV: TWO) (OTCQB: AGLAF) has acquired 100% ownership of the Copper Eagle copper-gold project in Nevada. The project is located in a highly prospective mineral belt and is easily accessible all year round. Historical exploration data indicates significant copper and gold mineralization, making it a significant copper prospect in a growing copper producing region.
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FAQ

What does T2 Metals Corp. do?

T2 Metals Corp. is an emerging company focused on the exploration and discovery of copper and precious metals. They are involved in multiple projects in North America.

Where are T2 Metals Corp.'s main projects located?

T2 Metals' main projects are located in Manitoba, Nevada, and Arizona.

What recent discoveries has T2 Metals Corp. made?

Recent discoveries include high-grade copper and zinc intersections at the Sherridon Project in Manitoba, as well as promising initial results from the Copper Eagle project in Nevada.

Who is T2 Metals Corp.'s CEO?

The CEO of T2 Metals Corp. is Mark Saxon.

What partnerships has T2 Metals Corp. formed?

T2 Metals has formed a partnership with the Kiciwapa Cree Nation to ensure local employment, training, and financial benefits from their Sherridon project.

How is T2 Metals Corp. funded?

T2 Metals Corp. is funded through a combination of shareholder investments and grants, such as the $300,000 grant from the Manitoba Mineral Development Fund.

What is the significance of the Sherridon Project?

The Sherridon Project is significant due to its high-grade copper and zinc mineralization, strategic location, and potential for substantial resource expansion.

What are VHMS deposits?

Volcanic-Hosted Massive Sulphide (VHMS) deposits are high-value exploration targets that supply much of the world's zinc, copper, and silver, often enriched with gold.

What is the Copper Eagle project?

The Copper Eagle project is a promising copper-gold exploration site in Nevada, showing significant mineralization potential based on preliminary assays.

How is T2 Metals contributing to local communities?

T2 Metals contributes to local communities through partnerships that ensure employment, training, and financial benefits, and by establishing a Reserve Fund for community projects.

T2 Metals Corp.

OTC:AGLAF

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7.61M
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17.61%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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