Vancouver, British Columbia–(Newsfile Corp. – January 31, 2023)- T2 Metals Corp. (TSXV: TWO) (OTCQB: AGLAF) (WKN: A3DVMD) (“T2” or the “Company”) is pleased to announce the granting of additional mining claims from BLM on the Lida copper-silver project located in the Walker Lane Belt in south-central Esmeralda County, Nevada. The additional claims were staked during preparations for drilling in late 2022 to secure a subsurface induced polarization (“IP”) chargeability anomaly and an adjacent resistivity anomaly. The area covered by the claim block now totals 5.25 square kilometers and supports the strike extension of the IP and resistivity anomalies.
The Lida project now consists of 63 permitted BLM lode mining claims covering three recently identified high chargeability anomalies and an adjacent strong resistivity anomaly (see news release dated 08/23/22). The chargeability/resistivity zone corresponds to an area of high-grade copper oxide sampled at surface. Copper grades in 57 tailings and pit samples ranged from 26.20% Cu to 12 ppm Cu for an average copper grade of 1.80%. Twenty samples exceeded 1% Cu, including 14 that exceeded 2% Cu.
The geology and character of the geophysical anomalies indicate that Lida has the highest potential for porphyry-style mineralization in the volcanic rocks intruding the carbonate-rich Harkless and Poleta Formations. There is no indication from exploration logs or field observations that the chargeability/resistivity targets have been previously drill tested.
“As we learn more about the potential of the Lida project, we have decided to expand our land position beyond the chargeability and resistivity anomalies identified in the 2022 IP program. Lida is located in central Walker Lane, Nevada, one of the United States’ premier and busiest exploration addresses for gold, silver, copper and lithium,said Mark Saxon, President and CEO.
About T2 Metals Corp (TSXV: TWO) (OTCQB: AGLAF) (WKN: A3DVMD)
T2 Metals Corp is an emerging copper and precious metals company creating 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 OF DIRECTORS,
President and CEO
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