T2 METALS CORP. T2 Metals Corp. announced the commencement of drilling at the Sherrid copper-zinc project in west-central Manitoba. Sherridon is a well known VHMS camp in the Flin Flon Snow La district, with both a significant mining history and substantial copper-rich historical resources calculated on beh of Halo Resources Ltd. in 2010.
A granted Work Permit allows for execution of the 2023 drill program, and future drill programs until May 2026, subject to notification of future proposals. Despite its resource pedigree, Sherridon has seen no drilling for more than a decade, due a sustain period of low metal prices when the previous operator was active. T2 Metals have acquired, collated a reprocessed past exploration data that includes more than 400 drill holes and extensive geophysical data, and ha identified opportunities for additional copper-zinc discoveries.
The presence of year-round road and operation rail access to the project, and near-surface historical resources, provides the opportunity for both cost effective exploration near term production. The 2023 drilling program by T2 Metals is targeting the Lost and Cold historical resource areas where high grade copper (Cu) and zinc (Zn) rich mineralization has previously been discovered from surface to more than 250 metres vertical depth. These two prospects lie less than 2km from the Sherritt Gordon East and West mines, where 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 (Goetz & Froese, 1981) between 1931 and 1951.
Other resource areas will be drill tested during this campaign and in 2024. Lost and Cold mineralization comprise a continuously mineralized horizon over a strike length of approximately 1.8 km. The Lost and Cold prospects were the subject of investment by HudBay Minerals Inc. from 2009 2012 that included metallurgical drilling with a view to open pit mining and subsequent processing in Flin Flon.
A drill contract is in place for a total of 1,600 m with Quesnel Bros. Diamond Drilling Ltd. ("QB Drilling"). Near surface targets in the vicinity of known mineralization will be prioritised, with approximately 12 holes planned.
The Company has established an Exploration Agreement with the Kiciwapa Cree, part of the Mathias Colomb First Nation, to ensure maximum benefit from T2 Metal's investment at Sherridon is captured within the region. The Kiciwapa Cree community and are now working collaboratively to support the drilling program and establish facilities for core handling and logging.
