T2 Metals Completes First Field Program at the Shanghai Gold-Silver Project, Yukon

Core Insights - T2 Metals Corp has completed its first reconnaissance exploration program at the Shanghai gold-silver Project in the Yukon Territory, identifying two distinct high-priority target styles for future drilling [2][3][8] Group 1: Project Overview - The Shanghai Project covers an area of 27.4 square kilometers and is located in the Tombstone Gold Belt, a region known for its rich mineral deposits [2] - The project has received a Class 3 permit, allowing for drilling, road construction, and camp installation without additional permissions [4] Group 2: Exploration Program Details - The exploration program was conducted by a four-person crew from Groundtruth Exploration Inc., utilizing the Banyan Gold Corp camp as a base [3] - A total of 52 rock samples and 3 soil samples were collected from two main prospective zones, focusing on areas with significant gold and silver anomalies [7] Group 3: Target Zones - Target Zone 1, identified as Ag-Au-Polymetallic, confirmed the presence of Keno Hill-style polymetallic quartz-vein mineralization [7] - Target Zone 2, associated with Reduced Intrusion-Related Gold Systems (RIRGS), showed evidence of disseminated mineralization linked to nearby Cretaceous intrusions [6][10] Group 4: Historical Context and Results - Historical sampling from the area reported exceptional results of 1.1 oz/tonne Au and 790.5 oz/tonne Ag [6] - The historical Shanghai Silver Mine had significant underground development, with assays reporting 9.1 m at 1182.8 g/t Ag, 8.2% Pb, and 7.2% Zn [19] Group 5: Future Plans - The company plans to finalize and prioritize drill locations for a Phase 1 drill campaign scheduled for 2026 based on the assay results from the current exploration program [8]