T2 Metals Receives Drill Permit FOR the Sherridon Copper-Zinc Project, Manitoba.
1
T2 METALS RECEIVES DRILL PERMIT FOR THE SHERRIDON COPPER-ZINC
PROJECT, MANITOBA.
Vancouver, British Columbia – September 19 2023: T2 Metals Corp. (“T2” or the “Company”) (TSX-V:
TWO) (OTCQB: AGLAF) (WKN: A2DR6E) is pleased to announce that the Company has received permission to
drill at the Sherridon copper -zinc project from the Manitoba Department of Economic Development, Investment
and Trade. The permit allows for execution of the proposed 2023 drill program, and future drill programs until May
2026, subject to notification of future proposals.
Sherridon is a well known VHMS camp in the Flin Flon – Snow Lake district of west-central Manitoba. The Sherridon
camp has both a significant mining history and substantial copper-rich historical resources calculated on behalf of
Halo Resources Ltd in 2010.
The 2023 drilling program by T2 Metals will target the Lo st 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 comprise a continuously mineralized horizon over a strike length of
approximately 1.8km. Despite many high-grade Cu-Zn-Ag results, the project has seen no exploration drilling for
more than 10 years.
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. The prospects have
existing road/surface access, lie with 1km of an operational rail line , and are only 2km from the Sherridon village
which facilitates lower cost exploration and is highly favourable for a potential future mining operation.
A drilling contract has been signed with Quesnel Bros. Diamond Drilling Ltd (“QB Drilling”) for at least 1,600 metres
of core drilling in approximately 10 holes. The drilling program will be undertaken in close collaboration with the
Kiciwapa Cree and Mathias Colomb Cree Nations, with whom an Exploration Agreement was recently signed (see
press released dated 13 th June 2023). A drill start is imminent, at which point a detailed drill program will be
shared.
Mark Saxon, CEO of T2 Metals Corp. said “ we appreciate the support of the Manitoba Government permitting
authorities in granting the first permit to drill at Sherridon for more than ten years. This is an exciting project to
re-launch, and fits extremely well with the recently announced Manitoba Critical Minerals Strategy. Despite
substantial past production and multiple resource prospects that were progressing toward mining, the area has not
received any recent exploration. We see a bright future i n partnership with the Kiciwapa Cree as we progress
through and new phase of discovery.”
The recent launch of “The Manitoba Critical Minerals Strategy: Driving Sustainable Gro wth” by the
Government of Manitoba highlights the importance of exploration for copper and other critical metals and minerals
in Manitoba. The Honorable Heather Stefanson, Premier of Manitoba , noted that the “ clean and low-cost energy
sources, competitive business costs, a young and skilled workforce, and world -class education and research
institutions” alongside high geological potential places Manitoba in an excellent position to continue to supply low -
carbon metals to the world.
Sherridon is a large volcanic hosted massive sulphide (VHMS) camp with an extensive mining history and multiple
copper-zinc-silver-gold historical resources and occurrences. The project is well -served by all weather roads, rail
and the Sherridon/Cold Lake village.
T2 Metals is focused on copper, nickel and lithium acquisition, exploration and development within the major mining
belts of western North America. The Company continues to target under -explored areas, including the Sherridon,
2
Lida and Cora projects where post-mineralization cover masks areas of high geological prospectivity in the vicinity
of major mines.
Any references to the terms “ore minerals”, “mineralization” or “mineralized zones” are purely for descriptive purposes and are
not intended to be interpreted as or relied upon for any resource or economic evaluation of the project at this time. Although
historic exploration data was generated by reputable companies applying practice of the day, T2 Metals Corp cannot verify the
data or determine the quality assurance and quality control measures applied in generating the data. Furthermore, there is no
guarantee that the exploration history is fully captured. Additional drilling may have been undertaken, however the Company
has not been made aware of or obtained additional data. Accordingly, the Company cautions that the exploration data reported
in this news release may not be reliable. Readers are cautioned that a "qualified person" as defined by National Instrument 43-
101 has not completed sufficient work to be able to verify the historical information, and therefore the information should not
be relied upon.
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 com pany enhancing shareholder value through
exploration and discovery. T2 is focused on the Sherridon Project in Manitoba, the Lida Project 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
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.
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 expe ctations 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.