T2 Metals Announces Closing of $527,000 Flow Through Private Placement to Fund 2025 Drilling at Sherridon
Summary
T2 Metals is fully permitted for drilling at Sherridon until July 2027 (see press release dated November 13 2024), with targets to include some in the vicinity of the five historical mineral resources, and other regional targets that have not previously been drill tested.Sherridon is a well-known volcanogenic massive sulphide ("VMS") camp in the Flin Flon Snow Lake Greenstone Belt of central western Manitoba, with a significant mining and exploration history. The Project has year-round road access, is 70 km from the mining centre of Flin Flon, and lies upon an operational train line.Mark Saxon, CEO of T2 Metals Corp. said, "Closing of this flow-through financing provides the Company with additional capacity to drill at Sherridon during the winter of 2025. The Company continues to target under-explored areas, including the Sherridon, Lida, Cora and Copper Eagle projects where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines.ON BEHALF OF THE BOARD,Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Certain information set out in this news release constitutes forward-looking information. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements.These forward-looking statements are subject to a number of risks and uncertainties, including the volatility of metal prices and the price of the Companys common shares; the availability of financing; actual exploration or development plans and costs differing materially from the Companys estimates; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; and the dangers inherent in exploration, development and mining activities.