- T2 Metals Corp. (TWO) has signed a contract to begin drilling at the Lida copper-silver project in Nevada
- The contract and permits provide for drilling of up to five holes, with a start anticipated during early December 2022
- Three large discrete upright / steeply dipping high-chargeability anomalies were discovered during an IP survey completed during Q2 2022
- T2 Metals Corp. (TWO) is unchanged, trading at $0.30 per share
T2 Metals Corp. (TWO) has signed a contract to begin drilling at the Lida copper-silver project.
The contract and permits provide for drilling of up to five holes, with a start anticipated in early December 2022.
The Lida project is characterized by a broad area of high-grade copper oxide/carbonate mineralization. It has a high potential for skarn-style mineralization developed within the carbonate-rich Poleta Formation.
In 57 samples taken from dump and pit material, copper ranged from 26.20 per cent Cu to 12 ppm Cu averaging 1.80 per cent Cu. Twenty samples exceeded 1 per cent Cu, including 14 that exceeded 2 per cent Cu.
Three large discrete upright / steeply dipping high-chargeability anomalies were discovered during an IP survey completed during Q2 2022.
Having built the target from concept, staking, sampling, to drilling, the company’s President and CEO, Mark Saxon, called Lida an exciting drill-ready copper project within the Walker Lane, Nevada, one of the United States’ busiest exploration areas.
“We anticipate an early December start to drilling by Beatty-based contractor Timberline Drilling Inc., enabling two weeks of drilling prior to year-end. Shareholders will be updated as the program progresses.”
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 Corp. (TWO) is unchanged, trading at $0.30 per share.
