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T2 Metals (TSXV:TWO) begins drilling at the Lida Project

Market News, Mining
TSXV:TWO
02 December 2022 10:40 (EDT)

Source: T2 Metals Corp.

T2 (TWO) has begun drilling at its Lida Project on the Walker Lane Belt in Esmeralda County, Nevada.

A diamond drill rig from Timberline Drilling Inc. is now aligned on the first drill target, testing the southern limb of the buried high-chargeability IP anomaly. The top of the anomaly is interpreted to lie at around 250 metres vertical depth.

The Lida Project is characterized by a broad area of high-grade copper oxide/carbonate mineralization. It has high potential for skarn-style mineralization developed within the carbonate-rich Poleta Formation. This is associated with three buried high-chargeability IP anomalies and there is no indication that the three targets have been previously drill tested.

The company’s President and CEO, Mark Saxon, said that with drilling at the Lida copper-silver project underway, the team now gets to reveal the source of the chargeability anomaly that was identified with IP geophysics during mid-2022.

“Lida sits within the central Walker Lane, Nevada, one of the United States’ best and busiest exploration addresses for gold, silver, copper and lithium.”

T2 Metals (TWO) is a copper and precious metal company focused on the Lida Project, the Sherridon Project in Manitoba, and the Cora Project in Arizona.

T2 Metals (TWO) is unchanged trading at $0.35 per share.


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