Subscribe
Be the first with the news that moves the market- T2 Metals Corp. (TWO) has been granted additional BLM lode mining claims at the Lida Copper-Silver Project in Nevada
- The additional claims were staked during the preparation for drilling in late 2022
- This has increased the area covered by the claim block to 5.25 sq km and secures the strike extent of the IP and resistivity anomalies
- T2 Metals Corp. is an emerging copper and precious metal company involved in exploration and discovery in Canada and the United States
- T2 Metals Corp. opened trading at C$0.33
T2 Metals Corp. (TWO) has been granted additional BLM lode mining claims at the Lida Copper-Silver Project.
The Lida Copper-Silver Project is on the Walker Lane Belt in south-central Esmeralda County, Nevada.
The additional claims were staked during the preparation for drilling in late 2022 to secure a sub-surface induced polarization (IP) chargeability anomaly and adjacent resistivity anomaly.
This has increased the area covered by the claim block to 5.25 sq km and secured the strike extent of the IP and resistivity anomalies.
The Lida project now consists of 63 granted BLM lode mining claims that cover three recently identified high chargeability anomalies and an adjacent strong resistivity anomaly.
The chargeability/resistivity zone corresponds to an area of high-grade oxide copper sampled at surface.
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.
The geological setting and the character of the geophysical anomalies suggest Lida has the highest potential for porphyry-style mineralization in the volcanics intruding the carbonate-rich Harkless and Poleta Formations.
“As we learn more about the potential of the Lida project, we have elected to expand our land position beyond the chargeability and resistivity anomalies identified in the 2022 IP program,” noted Mark Saxon, President and CEO.
“Lida sits within the central Walker Lane, Nevada, one of the United States’ best and busiest exploration addresses for gold, silver, copper and lithium,” he added.
T2 Metals Corp. is an emerging copper and precious metal company involved in exploration and discovery in Canada and the United States.
T2 Metals Corp. opened trading at C$0.33.
