T2 Metals Corp Stock Price, News & Analysis

T2 Metals Corp (OTCQB: TWOSF) has secured an option agreement to acquire a 100% interest in the Shanghai gold-silver project in Yukon's Tombstone Gold Belt, Canada. The 27.4 sq km project is strategically located 12 km west of Hecla Mining's Keno Hill silver mine and surrounded by major gold deposits.

The option terms include $500,000 in cash and 3,000,000 common shares paid over seven years, plus minimum exploration expenditures of $1.8 million over six years. The project features high-grade soil samples up to 6.1 g/t Au and holds a Class 3 permit for drilling and infrastructure development.

Notably, renowned Yukon explorer Shawn Ryan, who has held the property for over 20 years, will join T2 Metals' Advisory Board. The project has never been drilled despite its promising geological setting similar to nearby major gold discoveries.

T2 Metals Corp announced results from its Q1 2025 drill program at the Sherridon VMS project in Manitoba. The program completed 4 holes totaling 1,120m, testing an 800m strike length. A key highlight was drillhole SHN25021, which discovered high-grade precious metal mineralization with 7.18 g/t Au and 145.5 g/t Ag over 0.72m. This new gold-rich zone, similar to a previous intersection of 23.5m at 6.8 g/t Au, represents a Snow Lake-style gold target distinct from the traditional VMS deposits. Another notable intersection came from SHN25022, yielding 4.50m at 0.69% Cu and 0.56% Zn. The drilling program targeted previously untested VTEM anomalies, accessing areas via frozen ground to minimize environmental impact. Current geophysical surveys are temporarily suspended due to fire-related evacuation orders.

T2 Metals Corp has temporarily suspended field activities at its Sherridon copper-gold-zinc Project near Flin Flon, Manitoba, due to active wildfires in the region. The company is closely monitoring the situation with the Manitoba Wildfire Service reporting fires near the Sherridon community and T2's mineral concessions. CEO Mark Saxon emphasized that the safety of personnel, contractors, and local community members remains the top priority. The company maintains communication with local authorities and the Manitoba Wildfire Service for real-time updates. T2 Metals expects minimal long-term impact on their exploration schedule and property, thanks to proactive safety measures.

T2 Metals Corp (TSXV: TWO, OTCQB: TWOSF) has completed its winter core drilling program at the Sherridon copper-gold project in Manitoba, drilling 1,120 metres across four holes. The program focused on testing new near-surface areas using VTEM geophysical and geochemical targets.

With this completion, T2 Metals has achieved 90% ownership of the Sherridon project under the 2022 Option Agreement with Halo Resources. Halo can now choose to fund pro-rata or convert to a 1.5% net smelter royalty, which T2 can purchase for C$2,000,000.

Recent drilling results from 2023-2024 showed significant intersections including:

• SHN24014: 6.49m @ 1.82% Cu, 3.34% Zn, 0.74 g/t Au, 16.0 g/t Ag from 97.15m
• SHN23005: 23.50m @ 1.18% Cu, 1.46% Zn, 6.8 g/t Au and 40.4 g/t Ag from 38.00m

The project, located in the Flin Flon-Snow Lake District, features two past mines and five historical mineral resources, with over 30km of mineralized target horizon.

T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) has initiated its 2025 winter drill program at the Sherridon copper-gold project in Manitoba's Flin Flon - Snow Lake District. The fully funded program includes up to five holes, utilizing frozen lakes and ground for access to previously undrilled areas while minimizing environmental impact.

The program targets the Bob Lake deposit, including its main host horizon and footwall horizon, plus a major fold hinge structure southeast of the deposit. The project benefits from strong local First Nations support, evidenced by a 2023 Exploration Agreement with Kiciwapa Cree Nation and a 2024 reconciliation award from Manitoba Prospectors and Developers Association.

Sherridon is a high-grade VMS project with significant mining history and multiple copper-rich massive sulphide occurrences in an infrastructure-rich location. The program also serves as a platform for local community training through employment and skills development.

T2 Metals Corp. (TWOSF) has announced significant drill results from its Sherridon VMS Project in Manitoba, with high-grade copper mineralization found in six out of nine holes. Key highlights include an intersection of 6.62m grading 2.09% Cu, 2.41% Zn, 1.0 g/t Au, and 18.5 g/t Ag at Lost Lake.

The drilling program extended known mineralization 250m down plunge from the Lost prospect, with successful intersections at both Lost Lake and Cold Lake areas. The project encompasses more than 25km of strike length with two historical mines and five historical mineral resources.

The company is fully funded for a follow-up Q1 2025 winter drilling program, targeting areas identified through combined geophysics, geochemistry, and geological interpretation.

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.

T2 Metals Corp. (TWOSF) has announced initial assay results from its Q4 2024 drill program at the Sherridon VMS Project in Manitoba. The highlight is hole SHN24014, which intersected high-grade polymetallic mineralization of 6.49m grading 1.82% Cu, 3.34% Zn, 0.74 g/t Au, and 16.0 g/t Ag from 97.15m depth, including 3.56m grading 2.50% Cu, 5.31% Zn, 1.00 g/t Au, and 21.8 g/t Ag.

The company completed nine holes in total, with these results representing the first two holes. The program targeted areas near the Lost Lake prospect, where previous mining operations yielded significant copper grades. T2 Metals is fully funded for its planned Q1 2025 drilling program, which will commence when winter conditions permit.

T2 Metals Corp (TSXV: TWO) (OTCQB: TWOSF) has announced high-grade rock chip results from its fall 2024 sampling program at the Copper Eagle copper-gold project in Nevada. The company collected 21 representative rock chip and channel samples, revealing elevated copper grades across a 450m by 150m area. Copper values ranged from 0.11% to 2.07%, averaging 0.78%, while silver values ranged from 0.17 g/t to 6.05 g/t, averaging 1.82 g/t.

The project is located near several major copper mines, including the Anaconda Copper Mine, Hudbay Minerals' Mason Project, and Kinterra Capital's Pumpkin Hollow Mine. The assay results and alteration profile suggest an oxidized zone associated with porphyry copper mineralization, similar to the nearby Yerington deposit.