T2 METALS SAMPLES FROM SHANGHAI PROJECT, YUKON, DELIVER HIGH GRADE SILVER & GOLD RESULTS Grab Sampling Returns Up To 451 g/t Ag
1
T2 METALS SAMPLES FROM SHANGHAI PROJECT, YUKON, DELIVER HIGH GRADE
SILVER & GOLD RESULTS
Grab Sampling Returns Up To 451 g/t Ag
Vancouver, British Columbia – January 20 2026: T2 Metals Corp. (“T2 Metals” or the “Company”)
(TSX-V: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) is pleased to announce high-grade silver and gold results
from a recent grab sampling program conducted at the Shanghai mineral project (“Shanghai”) in the Mayo Mining
District, Yukon.
Samples are the first reported by the Company from Shanghai (see Figure 1) and were taken by T2 Metals CEO
Mark Saxon as part of the due diligence process for acquisition during Q4 2025 (see Figure 2). Rock grab samples
were taken from historical mine dumps that lie at the entrance to the Shanghai Silver Mine, which was developed
during the 1960’s by Silver Titan Mines Ltd. Close to 800 m of underground development is present, in addition to
numerous trenches that lie up dip from the underground workings along more than 1 km of strike.
Highlights from the Sampling Program Include:
• 2255101: 195 g/t Silver (Ag) and 2.71 g/t Gold (Au)
• 2255103: 451 g/t Silver (Ag) and 1.99 g/t Gold (Au)
• 2255109: 421 g/t Silver (Ag) and 2.04 g/t Gold (Au)
Eleven rock samples were collected from the Shanghai Silver Mine dumps to represent both vein and wall rock
material. Gold values ranged from 0.02 to 2.71 g/t and averaged 1.01 g/t; silver values ranged from 0.5 to 451
g/t and averaged 128 g/t; copper values ranged from 2.2 to 1070 ppm and averaged 192 ppm; zinc ranged from
0.052% to 19.13% and averaged 4.91%. Anomalous accessory elements commonly associated with Intrusion -
Related Gold Systems (IRGS) including antimony, arsenic and mercury were encountered. Samples were collected
over a 200 m x 200 m area, none of which were in-situ. See Table 1 for more information.
Mark Saxon, President and CEO of T2 Metals Corp, commented, “few samples from the Shanghai Silver Mine have
ever been reported using modern assay methods, so it is excellent to see these high-grade gold and silver values.
It is a key validation of the project's prospectivity , particularly considering the paucity of past exploration . The
Shanghai Silver Mine is an excellent Keno Hill style target, with over 1km of veining known from historic trenching.
These results, combined with our recent reconnaissance mapping and more widespread sampling, will be integrated
into a structural model as we finalize targets for the 2026 summer season.”
The Shanghai Silver Mine is hosted by the Keno Hill Quartzite immediately below the regionally extensive Robert
Service Thrust fault. It lies on the northern limb of the McQuesten Antiform, presenting a mirror image of the Keno
Hill camp found on the southern limb of this antiform (see Figure 3). Shanghai lies midway between the Keno Hill
silver mine of Hecla Mining and the Haldane silver mineral project of Silver North Resources with a similar geological
setting.
The samples were collected from dumps historically extracted from the Shanghai Silver Mine , characterized by
quartz-carbonate veining with associated galena, sphalerite, and tetrahedrite (Figure 4) . The results validate
historical reports of high-grade mineralization at Shanghai and underscore the project's potential within the prolific
Tombstone Gold Belt. The Shanghai mineral project is situated in a geological setting analogous to several major
deposits in the district. The style of mineralization and g eochemical fingerprint is consistent with IRGS and
associated polymetallic veins.
2
The Shanghai mineral project holds a Class 3 permit that enables drilling, road construction and installation of a
camp with no additional permission required. The historical Shanghai Silver Mine had road access from the Eagle
Mine Road at the time of production. Despite its proximity to g old and silver deposits and mines, the Shanghai
project has never been drilled.
Figure 1: Regional Location of the Shanghai Mineral Project, Yukon Territory, Canada.
See Table 1 for additional information on resource-stage mineral projects and supporting NI43-101 report references.
3
Figure 2: Shanghai Silver Mine Dumps, Yukon
Figure 3: Geological Map for Shanghai Project, Yukon Territory, Canada
See Table 1 for additional information on resource-stage projects and supporting NI43-101 report references.
Figure 4: Siliceous and sulphidic breccia style mineralization from Shanghai Silver Mine Dumps
T2 Metals representatives will attend VRIC ( https://cambridgehouse.com/vancouver-resource-investment-
conference) and AME RoundUp (https://roundup.amebc.ca/) conferences from the 25th January. Please reach out
to CEO Mark Saxon ([email protected]) to arrange a meeting.
4
About the Historical Shanghai Silver Mine
Shanghai sits within the northwest portion of the Yukon’s Tombstone Gold Belt, one of North America’s most active
and gold -endowed mining districts, and home to the famous Klondike goldfield. Recent exploration of the
Tombstone Gold Belt by Snowline Gold Corp. (Valley project), Sitka Gold Corp. (RC Gold project) and Banyan Gold
Corp. (AurMac project) have highlighted the potential for major new gold discoveries and value creation.
The Shanghai Silver Mine is hosted by the Keno Hill Quartzite immediately below the regionally extensive Robert
Service Thrust fault. It lies on the northern limb of the McQuesten Antiform, presenting a mirror image of the Keno
Hill camp found on the southern limb of this antiform.
During the 1960’s the Shanghai Silver Mine was explored by Silver Titan Mines Ltd with close to 800 m of
underground development. Assays reported from underground workings that followed veins included 9.1 m @
1182.8 g/t Ag, 8.2% Pb and 7.2% Zn (average width of 1.5 m) (Yukon Minfile 105M 028) *1.
About the Tombstone Gold Belt
The Tombstone Gold Belt , a component of the larger Tintina Gold Province , is a highly prospective metallogenic
province in the Yukon, with a range of well-known and emerging gold discoveries. The belt is characterized by a
suite of mid-Cretaceous, reduced, felsic intrusions known as the Tombstone Plutonic Suite. These intrusive bodies
and the surrounding host rocks have created conditions for the formation of numerous Reduced Intrusion-Related
Gold Systems (RIRGS). Exploration efforts have identified multiple mineralized corridors with gold hosted in sheeted
quartz veins and disseminated mineralization within both the intrusive bodies and the hornfelsed country rocks.
Gold mineralization in the Tombstone Gold Belt is typically associated with a distinctive multi- element signature
that includes bismuth, tellurium, and tungsten, along with arsenic and antimony. Gold-bearing fluids exsolved from
cooling intrusions and preferentially deposited gold in brittle, structurally controlled environments. Both high-grade,
structurally-controlled vein systems and lower-grade, bulk-tonnage deposits are known. The region hosts numerous
significant deposits and is the site of recent dis coveries by companies such as Snowline Gold Corp. , Banyan Gold
Corp. and Sitka Gold Corp.
Project EFFECTIVE DATE Author Report For Tonnes (M) Au (g/t) Contained Gold Status
Brewery Creek 18/01/2022 Cook. C. et al., 2022. Sabre Gold Mines Corp 34.5 1.03 1.142 M oz Measured & Indicated
36.0 0.88 1.018 M oz Inferred
Report Title: Preliminary Economic Assessment. NI 43-101 Technical Report on the Brewery Creek Project Yukon Territory, Canada
Eagle (Dublin Gulch) 31/12/2022 Harvey, N., 2022 Victoria Gold Corp 233.2 0.57 4.303 M oz Measured & Indicated
36.2 0.62 0.724 M oz Inferred
Report Title: Technical Report. Eagle Gold Mine. Yukon Territory, Canada
Olive (Dublin Gulch) 31/12/2022 Harvey, N., 2022 Victoria Gold Corp 11.6 0.97 0.361 M oz Measured & Indicated
5.5 1.17 206,479 Inferred
Report Title: Technical Report. Eagle Gold Mine. Yukon Territory, Canada
Raven (Dublin Gulch) 15/09/2022 Jutras, M., 2022. Victoria Gold Corp 19.9 1.67 1.071 M oz Inferred
Report Title: Technical Report On The Raven Mineral Deposit, Mayo Mining District Yukon Territory, Canada
Blackjack (RC Gold) 21/01/2025 Simpson. R., 2025 Sitka Gold Corp 39.9 1.01 1.298 M oz Indicated
34.6 0.94 1.045 M oz Inferred
Report Title: Clear Creek Property, RC Gold Project NI 43-101 Technical Report Dawson Mining District, Yukon Territory
Eiger (RC Gold) 19/01/2023 Simpson. R., 2025 Sitka Gold Corp 27.4 0.5 0.440 M oz Inferred
Report Title: Clear Creek Property, RC Gold Project. NI 43-101 Technical Report. Dawson Mining District, Yukon Territory
Airstrip (AurMac) 28/06/2025 Jutras, M., 2025 Banyan Gold Corp 27.7 0.69 0.614 M oz Indicated
10.1 0.75 0.244 M oz Inferred
Report Title: Technical Report, Aurmac Property, Yukon Territory, Canada
Powerline (AurMac) 28/06/2025 Jutras, M., 2025 Banyan Gold Corp 84.8 0.61 1.663 M oz Indicated
270.4 0.60 5.216 M oz Inferred
Report Title: Technical Report, Aurmac Property, Yukon Territory, Canada
Florin 6/04/2025 Simpson. R., 2021 St. James Gold Corp. 170.9 0.45 2.474 M oz Inferred
Report Title: Florin Gold Project. NI 43-101 Technical Report. Mayo and Dawson Mining Districts, Yukon Territory
Valley (Rouge) 15/05/2025 Burrell. H. et al., 2024 Snowline Gold Corp 75.8 1.66 4,047 M oz Indicated
81.0 1.25 3.256 M oz Inferred
Report Title: Rogue Project. NI 43-101 Technical Report and Mineral Resource Estimate. Yukon Territory, Canada
5
Table 1: Gold Deposits in the Tombstone Gold Belt with NI43-101 References
Sample Number TYPE Au (g/t)
FA450
Ag (g/t)
AQ200, AQ370
(overlimit)
Cu (ppm)
AQ200
Zn (%)
AQ200, AQ370
(overlimit)
Pb (%)
AQ200, AQ370
(overlimit)
Sb (ppm)
AQ200
2255101 ROCK (GRAB) 2.707 195.0 1070.3 19.13 0.53 137.1
2255102 ROCK (GRAB) 0.807 59.9 55.6 0.11 0.03 46.0
2255103 ROCK (GRAB) 1.993 451.0 286.2 14.47 >4.00 359.0
2255104 ROCK (GRAB) 0.414 4.5 5.2 0.046 0.02 10.8
2255105 ROCK (GRAB) 0.195 9.3 118.3 2.77 0.04 3.6
2255106 ROCK (GRAB) 0.409 214.0 132.2 1.93 2.29 166.3
2255107 ROCK (GRAB) 0.021 0.5 2.4 0.06 0.01 0.6
2255108 ROCK (GRAB) 1.484 33.1 45.4 0.052 0.06 25.9
2255109 ROCK (GRAB) 2.041 421.0 369.7 15.20 >4.00 325.2
2255110 ROCK (GRAB) 0.246 2.6 11.8 0.08 0.01 19.3
2255111 ROCK (GRAB) 0.811 21.9 24.9 0.11 0.04 15.0
Table 2: Sample Results from Shanghai Silver Mine Dumps, T2 Metals
Quality Assurance / Quality Control
Grab samples are selective by nature and are not necessarily representative of the mineralization hosted on the
property. Samples were transported by Company personnel to Bureau Veritas in Vancouver, B.C, who undertook
preparation and analysis. Analytical methods were LF202, FA450, and AQ370 (Ag, Zn, Pb overlimits), the details
for which can be found at https://group.bureauveritas.com/markets-services/commodities/metals-minerals.
Disclaimers
The qualified person (as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects) 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.
Readers are cautioned that the discussion about adjacent or similar properties in this press release is not necessarily indic ative of the
mineralization or potential of the Shanghai property. The Company has no interest in or right to acquire any interest in any such adjacent
properties.
*1 Readers are cautioned that the historical sampling results, while sourced from independent reports accessed from the Government of Yukon
website should not relied upon and are included for context. The Company will need to conduct further exploration, and there is no guarantee
that the results obtained will reflect the historical results.
About T2 Metals Corp (TSX.V: TWO) (OTCQB: TWOSF) (WKN: A3DVMD)
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 mineral projects where post -mineralization cover masks areas of high geological
prospectivity in the vicinity of major mines. T2 Metals is committed to engage with rights holders and stakeholders
with the highest level of respect, ensuring that our exploration activities contribute positively to the communities
in which we operate.
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.
6
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, informati on 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 gi ve 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. When relying on forward-looking statements to make decisions, investors and others should
carefully consider the foregoing factors and other uncertaint ies 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.