# T2 Metals Announces NI 43-101 Mineral Resource Estimate at the Sherridon Copper-Zinc-Gold-Silver Project, Manitoba, Canada Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c Original source: https://money.tmx.com/en/quote/TWO/news/5652825433860577/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper- Publisher: tmx Original announcement: 2026-05-07T10:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: T2 Metals Corp. - Ticker: TWO - Exchange: TSX - Region: Manitoba, Canada - Primary commodity: Copper - Secondary commodities: Zinc, Gold, Silver - Document categories: Resource update - Extracted: 2026-08-20 23:22:47 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary T2 Metals Corp. announced a maiden NI 43-101 compliant Mineral Resource Estimate for its Sherridon Copper-Zinc-Gold-Silver Project in Manitoba, Canada, defining 10.04 million tonnes of Indicated resources and 18.15 million tonnes of Inferred resources. The estimate highlights the project's potential as a copper-dominant volcanogenic massive sulphide \(VMS\) system with significant contained metal, including 86 million lbs of copper and 96,000 oz of gold in the Indicated category. The MRE, prepared by independent Qualified Persons, provides a strong foundation for advancing the project to a Preliminary Economic Assessment, with resources remaining open for expansion. Reasoning: The announcement details a maiden NI 43-101 compliant Mineral Resource Estimate for the Sherridon Project, defining substantial Indicated and Inferred resources of copper, zinc, gold, and silver, with clear growth potential and good infrastructure. The M&I confidence is moderate, and the metal equivalent calculation is not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: Significant Indicated Tonnage - Positive factor: Significant Inferred Tonnage - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open in All Directions - Positive factor: Good Infrastructure - Positive factor: Moderate M&I Confidence - Negative factor: Metal Equivalent Opaque Facts used in scoring: 85 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The announcement explicitly states this is an 'independent NI 43-101 Mineral Resource Estimate' for the project, indicating it's the first formal MRE. Evidence · text > T2 Metals Announces NI 43-101 Mineral Resource Estimate at the Sherridon Copper-Zinc-Gold-Silver Project, Manitoba, Canada **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is explicitly stated to be NI 43-101 compliant. Evidence · text > T2 Metals Announces NI 43-101 Mineral Resource Estimate **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Multiple Qualified Persons \(Geoffrey Reed, Anders Hogrelius, Bouke van \`t Riet\) are named and stated to have prepared and reviewed the MRE in accordance with NI 43-101. Evidence · text > The MRE was prepared by Geoffrey Reed, MAIG, MAusIMM \(QP\) Geo, of ReedLeyton Consulting Pty Ltd, independent Qualified Person, NI 43-101. **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The MRE includes a 'Total Indicated Mineral Resource of 10.04 million tonnes'. Evidence · text > Total Indicated Mineral Resource of 10.04 million tonnes \(Mt\) **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The MRE includes a 'Total Inferred Mineral Resource of 18.15 million tonnes'. Evidence · text > Total Inferred Mineral Resource of 18.15 million tonnes **Metal Equivalent Opaque** Polarity: negative Story-specific tag Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: The CuEq formula is provided, but the disclosure explicitly states it 'has not been adjusted for differential smelting, refining or transport charges'. Evidence · text > The CuEq formula has not been adjusted for differential smelting, refining or transport charges. **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The cut-off grades for both open pit \(US$20/t\) and underground \(US$55/t\) are clearly stated. Evidence · text > Mineral resources are estimated at a NSR cut-off of US$20 per tonne and US$55 per tonne for open pit and underground respectively. ## Extracted facts Stored fact records: 85. Some facts used in scoring do not have a stored record. ## Resource Estimates (85) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-0) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 8080000 - Grade: 0.4 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper \(total project\) in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.4 Context: 8.08 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-1) Sherridon · zinc #### Identity - Project: Sherridon - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 8080000 - Grade: 0.8 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc \(total project\) in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.8 Context: 8.08 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-2) Sherridon · gold #### Identity - Project: Sherridon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 8080000 - Grade: 0.3 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold \(total project\) in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.3 Context: 8.08 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-3) Sherridon · silver #### Identity - Project: Sherridon - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 8080000 - Grade: 4.8 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver \(total project\) in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 4.8 Context: 8.08 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-4) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 8080000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper \(total project\) in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.0 Context: 8.08 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-5) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1960000 - Grade: 0.3 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper \(total project\) in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.3 Context: 1.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-6) Sherridon · zinc #### Identity - Project: Sherridon - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1960000 - Grade: 0.9 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc \(total project\) in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.9 Context: 1.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-7) Sherridon · gold #### Identity - Project: Sherridon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1960000 - Grade: 0.3 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold \(total project\) in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.3 Context: 1.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-8) Sherridon · silver #### Identity - Project: Sherridon - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1960000 - Grade: 4.5 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver \(total project\) in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 4.5 Context: 1.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-9) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1960000 - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper \(total project\) in the underground category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.0 Context: 1.96 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-10) Cold Lake · copper #### Identity - Project: Cold Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 0.35 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Cold Lake in the open pit category, with a moderate grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 0.35 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-11) Cold Lake · zinc #### Identity - Project: Cold Lake - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 0.66 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc at Cold Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.66 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-12) Cold Lake · gold #### Identity - Project: Cold Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 0.32 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold at Cold Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.32 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-13) Cold Lake · silver #### Identity - Project: Cold Lake - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 7 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver at Cold Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 7.00 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-14) Cold Lake · copper #### Identity - Project: Cold Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Cold Lake in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 0.91 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-15) Cold Lake · copper #### Identity - Project: Cold Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 310000 - Grade: 0.32 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Cold Lake in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.32 Context: 0.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-16) Cold Lake · zinc #### Identity - Project: Cold Lake - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 310000 - Grade: 0.58 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc at Cold Lake in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.58 Context: 0.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-17) Cold Lake · gold #### Identity - Project: Cold Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 310000 - Grade: 0.46 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold at Cold Lake in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.46 Context: 0.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-18) Cold Lake · silver #### Identity - Project: Cold Lake - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 310000 - Grade: 7 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver at Cold Lake in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 7.00 Context: 0.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-19) Cold Lake · copper #### Identity - Project: Cold Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 310000 - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Cold Lake in the underground category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 0.94 Context: 0.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-20) Lost Lake · copper #### Identity - Project: Lost Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1890000 - Grade: 0.61 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Lost Lake in the open pit category, with a moderate grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 0.61 Context: 1.89 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-21) Lost Lake · zinc #### Identity - Project: Lost Lake - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1890000 - Grade: 2.25 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc at Lost Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 2.25 Context: 1.89 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-22) Lost Lake · gold #### Identity - Project: Lost Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1890000 - Grade: 0.59 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold at Lost Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.59 Context: 1.89 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-23) Lost Lake · silver #### Identity - Project: Lost Lake - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1890000 - Grade: 8 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver at Lost Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 8.00 Context: 1.89 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-24) Lost Lake · copper #### Identity - Project: Lost Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 1890000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Lost Lake in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 2.13 Context: 1.89 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-25) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 3230000 - Grade: 0.34 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Bob in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.34 Context: 3.23 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-26) Bob · zinc #### Identity - Project: Bob - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 3230000 - Grade: 0.33 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc at Bob in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.33 Context: 3.23 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-27) Bob · gold #### Identity - Project: Bob - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 3230000 - Grade: 0.27 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold at Bob in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.27 Context: 3.23 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-28) Bob · silver #### Identity - Project: Bob - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 3230000 - Grade: 3.9 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver at Bob in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 3.90 Context: 3.23 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-29) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 3230000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Bob in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 0.69 Context: 3.23 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-30) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 0.34 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Bob in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.34 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-31) Bob · zinc #### Identity - Project: Bob - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 0.64 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc at Bob in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.64 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-32) Bob · gold #### Identity - Project: Bob - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 0.4 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold at Bob in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.40 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-33) Bob · silver #### Identity - Project: Bob - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 990000 - Grade: 5.02 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver at Bob in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 5.02 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-34) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 990000 - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Bob in the underground category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 0.93 Context: 0.99 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-35) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 2310000 - Grade: 0.33 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Jungle in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.33 Context: 2.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-36) Jungle · zinc #### Identity - Project: Jungle - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 2310000 - Grade: 0.3 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc at Jungle in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.3 Context: 2.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-37) Jungle · gold #### Identity - Project: Jungle - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 2310000 - Grade: 0.08 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold at Jungle in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.08 Context: 2.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-38) Jungle · silver #### Identity - Project: Jungle - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 2310000 - Grade: 2.83 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver at Jungle in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 2.83 Context: 2.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-39) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 2310000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Jungle in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 0.53 Context: 2.31 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-40) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 0.33 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Jungle in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.33 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-41) Jungle · zinc #### Identity - Project: Jungle - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 1.58 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for zinc at Jungle in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 1.58 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-42) Jungle · gold #### Identity - Project: Jungle - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 0.09 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for gold at Jungle in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.09 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-43) Jungle · silver #### Identity - Project: Jungle - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Grade: 2.5 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for silver at Jungle in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 2.5 Context: 0.65 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-44) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: indicated - Tonnes: 650000 - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Indicated resource for copper at Jungle in the underground category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.17 Context: 0.65 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-45) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 9590000 - Grade: 1.1 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper \(total project\) in the open pit category, with a strong grade relative to VMS deposit type, contributing significantly to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 1.1 Context: 9.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-46) Sherridon · zinc #### Identity - Project: Sherridon - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 9590000 - Grade: 1 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc \(total project\) in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 1.0 Context: 9.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-47) Sherridon · gold #### Identity - Project: Sherridon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 9590000 - Grade: 0.3 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold \(total project\) in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.3 Context: 9.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-48) Sherridon · silver #### Identity - Project: Sherridon - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 9590000 - Grade: 7.7 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver \(total project\) in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 7.7 Context: 9.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-49) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 9590000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper \(total project\) in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.7 Context: 9.59 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-50) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 8570000 - Grade: 1.1 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper \(total project\) in the underground category, with a strong grade relative to VMS deposit type, contributing significantly to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential Evidence · table > 1.1 Context: 8.57 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-51) Sherridon · zinc #### Identity - Project: Sherridon - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 8570000 - Grade: 1 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc \(total project\) in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 1.0 Context: 8.57 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-52) Sherridon · gold #### Identity - Project: Sherridon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 8570000 - Grade: 0.2 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold \(total project\) in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.2 Context: 8.57 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-53) Sherridon · silver #### Identity - Project: Sherridon - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 8570000 - Grade: 6.3 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver \(total project\) in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 6.3 Context: 8.57 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-54) Sherridon · copper #### Identity - Project: Sherridon - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 8570000 - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper \(total project\) in the underground category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.7 Context: 8.57 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-55) Cold Lake · copper #### Identity - Project: Cold Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 420000 - Grade: 1.42 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Cold Lake in the open pit category, with a strong grade relative to VMS deposit type, contributing significantly to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 1.42 Context: 0.42 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-56) Cold Lake · zinc #### Identity - Project: Cold Lake - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 420000 - Grade: 2.08 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc at Cold Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 2.08 Context: 0.42 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-57) Cold Lake · gold #### Identity - Project: Cold Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 420000 - Grade: 0.34 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold at Cold Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.34 Context: 0.42 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-58) Cold Lake · silver #### Identity - Project: Cold Lake - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 420000 - Grade: 21 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver at Cold Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 21 Context: 0.42 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-59) Cold Lake · copper #### Identity - Project: Cold Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 420000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Cold Lake in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 2.7 Context: 0.42 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-60) Lost Lake · copper #### Identity - Project: Lost Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 480000 - Grade: 1.38 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Lost Lake in the open pit category, with a strong grade relative to VMS deposit type, contributing significantly to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 1.38 Context: 0.48 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-61) Lost Lake · zinc #### Identity - Project: Lost Lake - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 480000 - Grade: 3.31 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc at Lost Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 3.31 Context: 0.48 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-62) Lost Lake · gold #### Identity - Project: Lost Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 480000 - Grade: 0.76 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold at Lost Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.76 Context: 0.48 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-63) Lost Lake · silver #### Identity - Project: Lost Lake - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 480000 - Grade: 17 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver at Lost Lake in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 17 Context: 0.48 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-64) Lost Lake · copper #### Identity - Project: Lost Lake - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 480000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Lost Lake in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 3.5 Context: 0.48 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-65) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 5820000 - Grade: 0.97 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Bob in the open pit category, with a moderate grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 0.97 Context: 5.82 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-66) Bob · zinc #### Identity - Project: Bob - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 5820000 - Grade: 0.8 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc at Bob in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.8 Context: 5.82 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-67) Bob · gold #### Identity - Project: Bob - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 5820000 - Grade: 0.28 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold at Bob in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.28 Context: 5.82 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-68) Bob · silver #### Identity - Project: Bob - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 5820000 - Grade: 6 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver at Bob in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 6 Context: 5.82 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-69) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 5820000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Bob in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.5 Context: 5.82 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-70) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4190000 - Grade: 1.04 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Bob in the underground category, with a strong grade relative to VMS deposit type, contributing significantly to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential Evidence · table > 1.04 Context: 4.19 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-71) Bob · zinc #### Identity - Project: Bob - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4190000 - Grade: 0.96 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc at Bob in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.96 Context: 4.19 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-72) Bob · gold #### Identity - Project: Bob - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4190000 - Grade: 0.3 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold at Bob in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.3 Context: 4.19 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-73) Bob · silver #### Identity - Project: Bob - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4190000 - Grade: 7.29 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver at Bob in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 7.29 Context: 4.19 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-74) Bob · copper #### Identity - Project: Bob - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4190000 - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Bob in the underground category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.7 Context: 4.19 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-75) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 2880000 - Grade: 1.23 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Jungle in the open pit category, with a strong grade relative to VMS deposit type, contributing significantly to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential Evidence · table > 1.23 Context: 2.88 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-76) Jungle · zinc #### Identity - Project: Jungle - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 2880000 - Grade: 0.78 - Grade Unit: % - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc at Jungle in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.78 Context: 2.88 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-77) Jungle · gold #### Identity - Project: Jungle - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 2880000 - Grade: 0.28 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold at Jungle in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 0.28 Context: 2.88 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-78) Jungle · silver #### Identity - Project: Jungle - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 2880000 - Grade: 6.75 - Grade Unit: g/t - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver at Jungle in the open pit category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Negative factor: Weak Grade Evidence · table > 6.75 Context: 2.88 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-79) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 2880000 - Cutoff Grade: 20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Jungle in the open pit category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Open Pit Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.8 Context: 2.88 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-80) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4380000 - Grade: 1.08 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Jungle in the underground category, with a strong grade relative to VMS deposit type, contributing significantly to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential Evidence · table > 1.08 Context: 4.38 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-81) Jungle · zinc #### Identity - Project: Jungle - Commodity: zinc - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4380000 - Grade: 1.08 - Grade Unit: % - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for zinc at Jungle in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 1.08 Context: 4.38 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-82) Jungle · gold #### Identity - Project: Jungle - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4380000 - Grade: 0.16 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for gold at Jungle in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 0.16 Context: 4.38 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-83) Jungle · silver #### Identity - Project: Jungle - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4380000 - Grade: 5.35 - Grade Unit: g/t - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for silver at Jungle in the underground category, with a weak grade relative to VMS deposit type, contributing to the project's overall resource base. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Negative factor: Weak Grade Evidence · table > 5.35 Context: 4.38 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/t2-metals-announces-ni-43-101-mineral-resource-estimate-at-the-sherridon-copper--10445742-ace5-43cf-9d78-73458db26a4c#fact-resource-facts-84) Jungle · copper #### Identity - Project: Jungle - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: TWO #### Resource Data - Category: inferred - Tonnes: 4380000 - Cutoff Grade: 55 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-07T00:00:00.000Z Reasoning: Maiden Inferred resource for copper at Jungle in the underground category, providing a combined value for the polymetallic deposit. Assumptions are disclosed but not adjusted for differential charges. - Positive factor: Maiden Resource - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Underground Potential - Positive factor: Metal Equivalent Disclosed - Negative factor: Metal Equivalent Opaque Evidence · table > 1.7 Context: 4.38 ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.