T2 Metals Clarifies Technical Disclosure FOR the Sherridon Project
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T2 METALS CLARIFIES TECHNICAL DISCLOSURE FOR THE SHERRIDON PROJECT
Vancouver, British Columbia – August 14, 2024: T2 Metals Corp. (“T2” or the “Company”) (TSX -V:
TWO) (OTCQB: TWOSF ) (WKN: A2DR6E) announces that as a result of a review by the British Columbia
Securities Commission (“BCSC”) of the Company’s technical disclosure , the Company is issuing this news release
to clarify its disclosure.
The BCSC reviewed the Company’s references to the historical mineral resource estimate on the Sherridon Project
in the Company’s March 2024 corporate presentation and multiple news releases. The disclosure used by the
Company was seen as treating historical estimates as current and this is not in compliance with National Instrument
43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
As a result, the disclosure of mineral resources are not supported by a compliant NI 43-101 technical report contrary
to NI 43-101, and they should not be relied on until they have been verified and supported by a current technical
report. The Company has updated its corporate presentation to correct this disclosure and include the required
disclaimers.
The Company will be preparing a new technical report in accordance with NI 43- 101 on the Sherridon Project ,
which will be filed under the Company’s SEDAR+ profile. The technical report will not verify the historical estimate
as a current mineral resource, and will instead report the mineral resources as historical in nature. Additional work
will be required to define current mineral resources on the Sherridon Project.
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: TWOSF) (WKN: A2DR6E)
T2 Metals Corp is an emerging copper and precious metal company enhancing shareholder value through
exploration and discovery. The Company continues to target under -explored areas, including the Sherridon, Lida,
Cora and Copper Eagle projects where post-mineralization cover masks areas of high geological prospectivity in the
vicinity of major mines.
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
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.
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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 in this press release include the preparation of a technical report and the potential verification
of the historical estimate . 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, geological conditions, success of future development initiatives, obtaining necessary permits
and approvals, relationships with vendors and strategic p artners, governmental regulation and supervision,
seasonality, technological change, changes in industry practices, changes in world metal markets, changes in equity
markets, environmental and safety risks and one-time events. 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 undert ake to update any
forward-looking statements, except as may be required by applicable securities laws.