T2 Metals Announces Major Drilling Program at Sherridon Copper-Gold Project
T2 Metals has signed a contract with Quesnel Bros. Diamond Drilling for at least 3,500 meters of core drilling at its Sherridon copper-gold project in the Flin Flon – Snow Lake District of west-central Manitoba. The program, set to commence in mid-August, will include over 20 drill holes, marking the largest drilling initiative at Sherridon in over 12 years.
The Sherridon project is a high-grade volcanogenic massive sulphide (VMS) site with historical copper resources situated in an area rich in infrastructure. Key targets for the drilling program include near-surface high-grade gold mineralization, targets down plunge from historic resources, and new targets identified through geological and geophysical data integration.
Significant aspects of the Sherridon project include:
- High-grade historic copper and zinc production from an orebody with approximately 2km of strike extent, totalling 7.74 million tonnes @ 2.46% Cu, 2.84% Zn, 0.6 g/t Au, and 33 g/t Ag.
- Historical NI43-101 resources calculated in 2010, comprising 362 M lb of copper, 470 M lb of zinc, 0.22 M oz of gold, and 4.5 M oz of silver.
- Recent drilling results that intersected high-grade gold in wall rock outside the copper-zinc massive sulphide, including 4.50m grading 29.2 g/t Au and 138.8 g/t Ag from 38.0m.
- A large alteration system with over 30 km of strike length of the mineralized target horizon, containing numerous massive sulphide deposits and occurrences. VMS systems in the Flin Flon - Snow Lake District have equal prospectivity down dip as along strike, and at Sherridon, there is little drilling below 150m depth.
- Excellent First Nations support, indicated by the 2023 signing of an Exploration Agreement with the Kiciwapa Cree Nation, and a 2024 award for reconciliation efforts from Manitoba Prospectors and Developers Association.
- Strong support from the Province of Manitoba, highlighted by over $500k in grants from the Manitoba Mineral Development Fund in the past 12 months.
Mark Saxon, CEO of T2 Metals Corp., expressed enthusiasm for the drilling program, stating, "A substantial drilling program is well overdue at the Sherridon VMS camp. The project sat dormant for more than a decade until T2 Metals' involvement despite substantial past production and multiple prospects with high-grade Cu-Zn mineralization.
The high gold grades intersected in our 2023 program demonstrate the opportunity that drilling can unlock. In partnership with the Kiciwapa Cree, we are excited to get discovery and development work underway."