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T2 Metals Samples from Shanghai Project, Yukon, Deliver High Grade Silver & Gold Results
TMX Newsfile· 2026-01-20 13:00
Core Insights - T2 Metals Corp. announced high-grade silver and gold results from grab sampling at the Shanghai mineral project in Yukon, validating the project's prospectivity [1][4]. Group 1: Sampling Results - Eleven rock samples were collected from historical mine dumps at the Shanghai Silver Mine, with gold values ranging from 0.02 to 2.71 g/t and averaging 1.01 g/t; silver values ranged from 0.5 to 451 g/t, averaging 128 g/t [3][19]. - Copper values ranged from 2.2 to 1070 ppm, averaging 192 ppm; zinc values ranged from 0.052% to 19.13%, averaging 4.91% [3][19]. - Anomalous accessory elements such as antimony, arsenic, and mercury were also detected, indicating potential for Intrusion-Related Gold Systems (IRGS) [3][5]. Group 2: Project Context - The Shanghai Silver Mine is located within the Tombstone Gold Belt, a highly prospective area known for significant gold discoveries [10][15]. - The project has a Class 3 permit allowing for drilling and road construction without additional permissions, and it has never been drilled despite its proximity to other significant deposits [6][10]. - Historical exploration by Silver Titan Mines Ltd. in the 1960s revealed substantial underground development, with previous assays indicating high-grade mineralization [14][5]. Group 3: Future Plans - T2 Metals plans to integrate the recent sampling results with reconnaissance mapping to finalize targets for the 2026 summer exploration season [4][5]. - The company aims to leverage the geological similarities between the Shanghai project and other successful mining operations in the region to enhance exploration efforts [4][10].
T2 Metals Completes First Field Program at the Shanghai Gold-Silver Project, Yukon
Newsfile· 2025-10-30 12:00
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]
Rackla Metals is pleased to provide a project update on drilling and other developments at the Grad Property, NWT
Thenewswire· 2025-07-28 11:00
Core Insights - Rackla Metals Inc. is making significant progress in drilling at the Grad property, with operations running continuously and averaging approximately 50 meters per shift [1] - The drilling has revealed a consistent presence of sheeted quartz/sulphide+tourmaline veins, with vein density averaging between 5 to 10 per meter [2] - The company plans to conduct a 4,000-meter drill program aimed at demonstrating continuity in the mineralized zone at the BiTe discovery [15] Drilling Progress - The current drilling operation is on the fourth hole, G25-004, targeting a depth of 400 meters, while previous holes G25-001, G25-002, and G25-003 reached depths of 208 meters, 336.7 meters, and 422 meters respectively [6][7] - The first three holes have been logged, and the first shipment of drill core is being sent for analysis, with results expected in 3 to 4 weeks [2] Mineralization Findings - Rock sampling from the BiTe cliff has returned multiple high-grade gold samples, with values of 14.40, 19.30, 17.65, 22.30, and 45.50 grams per tonne (g/t) [7] - Continuous rock chip sampling in the area has shown an average concentration of 1.06 g/t gold over a 550-meter stretch [7] Geological Insights - Ongoing mapping and sampling on the north and south faces of the BiTe cliff indicate low gold values associated with quartz-arsenopyrite veins, suggesting minimal erosion of the intrusive [10] - Geologists are investigating the transition from arsenopyrite-bearing veins to bismuthinite-bearing veins [11] Safety and Community Engagement - The company has contracted Minconsult Exploration Services for mountain safety guidance due to the extreme terrain and challenging weather conditions [12] - Rackla is committed to maintaining collaborative relationships with the Sahtu Dene First Nation and local stakeholders as exploration progresses [16]
Rackla Metals reports drilling has commenced at BiTe and provides initial core observations
Thenewswire· 2025-07-14 11:00
Core Insights - Rackla Metals Inc. has commenced drilling at the BiTe zone on the Grad property in Northwest Territories, Canada, indicating a significant step in their exploration efforts [1][10]. Exploration Details - The Grad property was staked in July 2024, revealing strong gold mineralization and significant sheeted veining, which suggests the presence of a Reduced Intrusion-related Gold Systems (RIRGS) occurrence [2]. - A 4,000m diamond drill program has been initiated to test the gold system, with three drill pads prepared to test 300m of the zone [2][3]. - The first drill hole (G25-001) has reached a depth of 208m, while the second hole (G25-002) is currently being drilled at 48m, showing consistent sheeted veining with an average density of 5 to 10 veins per meter [5]. Geological Findings - The core samples from the drilling show bismuth sulphides, chalcopyrite, and pyrrhotite, with sections of strongly sericitized quartz diorite containing 5% disseminated bismuth sulphides [5][6]. - A team of mountaineering geologists is conducting high-angle sampling to confirm the vertical continuity of the gold-bearing system up to 350m above the drill site [9]. Permits and Support - The Grad Project is fully permitted for the 2025 exploration season, having obtained a five-year Type A Land Use Permit from the Sahtu Land and Water Board [10]. - All necessary contracts are in place to support the exploration program, with various service providers engaged to assist [12]. Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, Canada, targeting RIRGS mineralization in the underexplored southeastern part of the Tombstone Gold Belt [14].