T2 Metals Files NI 43-101 Mineral Resource Estimate Report for the Sherridon Copper-Zinc-Gold-Silver Project, Manitoba, Canada
Original announcement by tmx on
- Company
- T2 Metals Corp.
- Ticker
- TWO
- Exchange
- TSX
- Region
- Manitoba, Canada
- Primary commodity
- Copper
- Secondary commodities
- Zinc, Gold, Silver
- Document categories
- Resource update
- Extracted
- 2026-09-17 02:41:55 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
T2 Metals has filed an independent NI 43-101 Technical Report for its Sherridon Copper-Zinc-Gold-Silver Project in Manitoba, Canada, detailing a new Mineral Resource Estimate. The MRE defines Indicated resources of 10.04 Mt grading 0.39% Cu, 0.83% Zn, 0.30 g/t Au, and 4.75 g/t Ag, and Inferred resources of 18.15 Mt grading 1.08% Cu, 1.00% Zn, 0.27 g/t Au, and 7.05 g/t Ag. The estimate covers four VMS deposits that are open at depth and along strike, and the project benefits from existing infrastructure, positioning it as a robust brownfields district with significant growth potential.
Reasoning: T2 Metals has filed a new NI 43-101 compliant Mineral Resource Estimate for its Sherridon Project, outlining substantial Indicated and Inferred resources across four VMS deposits. The project benefits from existing infrastructure and the resources remain open for expansion, providing a strong foundation for future development, although an economic study is still pending.
Positive factors
- New NI 43-101 compliant Mineral Resource Estimate filed for a multi-deposit VMS district.
- Significant Indicated and Inferred resources defined for copper, zinc, gold, and silver.
- Deposits are open at depth and along strike, indicating potential for growth.
- Project benefits from established infrastructure (rail, road, workforce, grid electricity) reducing future CAPEX and permitting timelines.
- More than one-third of the total contained tonnage is in the Indicated category, reflecting good confidence.
- High-grade near-surface mineralization identified at Cold Lake and Lost Lake deposits.
Negative factors
- A significant portion of the resource remains in the Inferred category.
- Economic viability not yet demonstrated; PEA is being evaluated.
Facts used in scoring: 85
Classification and evidence
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A current resource fact retains the disclosed cut-off grade
Extracted facts
Stored fact records: 85. Some facts used in scoring do not have a stored record.
Resource Estimates (85)
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 650000Grade: 0.35Grade Unit: %Contained Metal: 5.03Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7414da8534276922b5bc
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 0.35
- Grade Unit
- %
- Contained Metal
- 5.03
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper resource for Cold Lake (OP) with a grade of 0.35% Cu and 5.03 M lb contained copper.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.35”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 650000Grade: 0.66Grade Unit: %Contained Metal: 9.48Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7414da8534276922b5bc
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 0.66
- Grade Unit
- %
- Contained Metal
- 9.48
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated zinc resource for Cold Lake (OP) with a grade of 0.66% Zn and 9.48 M lb contained zinc.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.66”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 650000Grade: 0.32Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7414da8534276922b5bc
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 0.32
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated gold resource for Cold Lake (OP) with a grade of 0.32 g/t Au.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.32”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 650000Grade: 7Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7414da8534276922b5bc
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 7
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated silver resource for Cold Lake (OP) with a grade of 7.0 g/t Ag.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“7.0”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 650000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7414da8534276922b5bc
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 0.91
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper equivalent resource for Cold Lake (OP) with a grade of 0.91% CuEq.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Evidence · table
“0.91”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 310000Grade: 0.32Grade Unit: %Contained Metal: 2.21Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7ba8fbddda3fe962a037
- Deposit or zone
- Cold Lake
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 310000
- Grade
- 0.32
- Grade Unit
- %
- Contained Metal
- 2.21
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper resource for Cold Lake (UG) with a grade of 0.32% Cu and 2.21 M lb contained copper.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.32”
Context: 0.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 310000Grade: 0.58Grade Unit: %Contained Metal: 40Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7ba8fbddda3fe962a037
- Deposit or zone
- Cold Lake
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 310000
- Grade
- 0.58
- Grade Unit
- %
- Contained Metal
- 40
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated zinc resource for Cold Lake (UG) with a grade of 0.58% Zn and 40.00 M lb contained zinc.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.58”
Context: 0.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 310000Grade: 0.46Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7ba8fbddda3fe962a037
- Deposit or zone
- Cold Lake
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 310000
- Grade
- 0.46
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated gold resource for Cold Lake (UG) with a grade of 0.46 g/t Au.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.46”
Context: 0.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 310000Grade: 7Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:12bc8831c3e49203e225
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 310000
- Grade
- 7
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated silver resource for Cold Lake (UG) with a grade of 7.0 g/t Ag.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“7.0”
Context: 0.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 310000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:7ba8fbddda3fe962a037
- Deposit or zone
- Cold Lake
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 310000
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 0.94
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper equivalent resource for Cold Lake (UG) with a grade of 0.94% CuEq.
Positive factors
- Indicated resource category provides good confidence.
- Metal equivalent assumptions are disclosed.
Evidence · table
“0.94”
Context: 0.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 1890000Grade: 0.61Grade Unit: %Contained Metal: 25.48Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c0dc3fbd45a4b94fb6c7
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1890000
- Grade
- 0.61
- Grade Unit
- %
- Contained Metal
- 25.48
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper resource for Lost Lake (OP) with a grade of 0.61% Cu and 25.48 M lb contained copper.
Positive factors
- Indicated resource category provides good confidence.
- Higher copper grade and contained metal.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.61”
Context: 1.89
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 1890000Grade: 2.25Grade Unit: %Contained Metal: 93.97Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c0dc3fbd45a4b94fb6c7
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1890000
- Grade
- 2.25
- Grade Unit
- %
- Contained Metal
- 93.97
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated zinc resource for Lost Lake (OP) with a grade of 2.25% Zn and 93.97 M lb contained zinc.
Positive factors
- Indicated resource category provides good confidence.
- High zinc grade and contained metal.
- Open pit mining method suggests lower operating costs.
Evidence · table
“2.25”
Context: 1.89
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 1890000Grade: 0.59Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c0dc3fbd45a4b94fb6c7
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1890000
- Grade
- 0.59
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated gold resource for Lost Lake (OP) with a grade of 0.59 g/t Au.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.59”
Context: 1.89
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 1890000Grade: 8Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c0dc3fbd45a4b94fb6c7
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1890000
- Grade
- 8
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated silver resource for Lost Lake (OP) with a grade of 8.0 g/t Ag.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“8.0”
Context: 1.89
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 1890000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c0dc3fbd45a4b94fb6c7
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1890000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 2.13
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper equivalent resource for Lost Lake (OP) with a grade of 2.13% CuEq.
Positive factors
- Indicated resource category provides good confidence.
- High copper equivalent grade.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Evidence · table
“2.13”
Context: 1.89
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 3230000Grade: 0.34Grade Unit: %Contained Metal: 24.22Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:2a0f62e7f602435cdbdf
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3230000
- Grade
- 0.34
- Grade Unit
- %
- Contained Metal
- 24.22
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper resource for Bob (OP) with a grade of 0.34% Cu and 24.22 M lb contained copper.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.34”
Context: 3.23
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 3230000Grade: 0.33Grade Unit: %Contained Metal: 23.5Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:2a0f62e7f602435cdbdf
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3230000
- Grade
- 0.33
- Grade Unit
- %
- Contained Metal
- 23.5
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated zinc resource for Bob (OP) with a grade of 0.33% Zn and 23.50 M lb contained zinc.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.33”
Context: 3.23
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 3230000Grade: 0.27Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:2a0f62e7f602435cdbdf
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3230000
- Grade
- 0.27
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated gold resource for Bob (OP) with a grade of 0.27 g/t Au.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.27”
Context: 3.23
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 3230000Grade: 3.9Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:2a0f62e7f602435cdbdf
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3230000
- Grade
- 3.9
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated silver resource for Bob (OP) with a grade of 3.9 g/t Ag.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“3.9”
Context: 3.23
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 3230000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:2a0f62e7f602435cdbdf
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3230000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 0.69
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper equivalent resource for Bob (OP) with a grade of 0.69% CuEq.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Evidence · table
“0.69”
Context: 3.23
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 990000Grade: 0.34Grade Unit: %Contained Metal: 7.43Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0298f1a51a4ed87653ae
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 990000
- Grade
- 0.34
- Grade Unit
- %
- Contained Metal
- 7.43
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper resource for Bob (UG) with a grade of 0.34% Cu and 7.43 M lb contained copper.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.34”
Context: 0.99
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 990000Grade: 0.64Grade Unit: %Contained Metal: 13.99Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0298f1a51a4ed87653ae
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 990000
- Grade
- 0.64
- Grade Unit
- %
- Contained Metal
- 13.99
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated zinc resource for Bob (UG) with a grade of 0.64% Zn and 13.99 M lb contained zinc.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.64”
Context: 0.99
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 990000Grade: 0.4Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0298f1a51a4ed87653ae
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 990000
- Grade
- 0.4
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated gold resource for Bob (UG) with a grade of 0.40 g/t Au.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.40”
Context: 0.99
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 990000Grade: 5Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0298f1a51a4ed87653ae
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 990000
- Grade
- 5
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated silver resource for Bob (UG) with a grade of 5.0 g/t Ag.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“5.0”
Context: 0.99
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 990000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0298f1a51a4ed87653ae
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 990000
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 0.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper equivalent resource for Bob (UG) with a grade of 0.93% CuEq.
Positive factors
- Indicated resource category provides good confidence.
- Metal equivalent assumptions are disclosed.
Evidence · table
“0.93”
Context: 0.99
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 2310000Grade: 0.33Grade Unit: %Contained Metal: 16.77Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:8f0fe40033a3b1d36c23
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2310000
- Grade
- 0.33
- Grade Unit
- %
- Contained Metal
- 16.77
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper resource for Jungle (OP) with a grade of 0.33% Cu and 16.77 M lb contained copper.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.33”
Context: 2.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 2310000Grade: 0.3Grade Unit: %Contained Metal: 15.25Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:8f0fe40033a3b1d36c23
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2310000
- Grade
- 0.3
- Grade Unit
- %
- Contained Metal
- 15.25
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated zinc resource for Jungle (OP) with a grade of 0.30% Zn and 15.25 M lb contained zinc.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.30”
Context: 2.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 2310000Grade: 0.08Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:8f0fe40033a3b1d36c23
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2310000
- Grade
- 0.08
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated gold resource for Jungle (OP) with a grade of 0.08 g/t Au.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.08”
Context: 2.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 2310000Grade: 2.8Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:8f0fe40033a3b1d36c23
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2310000
- Grade
- 2.8
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated silver resource for Jungle (OP) with a grade of 2.8 g/t Ag.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
Evidence · table
“2.8”
Context: 2.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 2310000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:8f0fe40033a3b1d36c23
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2310000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 0.53
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper equivalent resource for Jungle (OP) with a grade of 0.53% CuEq.
Positive factors
- Indicated resource category provides good confidence.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Evidence · table
“0.53”
Context: 2.31
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 650000Grade: 0.33Grade Unit: %Contained Metal: 4.74Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:b36418d266bd5beb26bc
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 0.33
- Grade Unit
- %
- Contained Metal
- 4.74
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper resource for Jungle (UG) with a grade of 0.33% Cu and 4.74 M lb contained copper.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.33”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 650000Grade: 1.58Grade Unit: %Contained Metal: 22.7Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:b36418d266bd5beb26bc
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 1.58
- Grade Unit
- %
- Contained Metal
- 22.7
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated zinc resource for Jungle (UG) with a grade of 1.58% Zn and 22.70 M lb contained zinc.
Positive factors
- Indicated resource category provides good confidence.
- Strong zinc grade and contained metal.
Evidence · table
“1.58”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 650000Grade: 0.09Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:b36418d266bd5beb26bc
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 0.09
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated gold resource for Jungle (UG) with a grade of 0.09 g/t Au.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“0.09”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 650000Grade: 2.5Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:b36418d266bd5beb26bc
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Grade
- 2.5
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated silver resource for Jungle (UG) with a grade of 2.5 g/t Ag.
Positive factors
- Indicated resource category provides good confidence.
Evidence · table
“2.5”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 650000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:b36418d266bd5beb26bc
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 650000
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1.17
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Indicated copper equivalent resource for Jungle (UG) with a grade of 1.17% CuEq.
Positive factors
- Indicated resource category provides good confidence.
- Strong copper equivalent grade.
- Metal equivalent assumptions are disclosed.
Evidence · table
“1.17”
Context: 0.65
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 8080000Grade: 0.4Grade Unit: %Contained Metal: 71.49Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:34874d10b4bf9ebaff6e
- Deposit or zone
- Total Indicated
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8080000
- Grade
- 0.4
- Grade Unit
- %
- Contained Metal
- 71.49
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated copper resource (OP) with a grade of 0.4% Cu and 71.49 M lb contained copper.
Positive factors
- Significant total indicated copper resource.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.4”
Context: 8.08
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 8080000Grade: 0.8Grade Unit: %Contained Metal: 142.2Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:34874d10b4bf9ebaff6e
- Deposit or zone
- Total Indicated
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8080000
- Grade
- 0.8
- Grade Unit
- %
- Contained Metal
- 142.2
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated zinc resource (OP) with a grade of 0.8% Zn and 142.20 M lb contained zinc.
Positive factors
- Significant total indicated zinc resource.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.8”
Context: 8.08
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 8080000Grade: 0.3Grade Unit: g/tContained Metal: 96000Contained Unit: ozView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:34874d10b4bf9ebaff6e
- Deposit or zone
- Total Indicated
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8080000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 96000
- Contained Unit
- oz
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated gold resource (OP) with a grade of 0.3 g/t Au and 96,000 oz contained gold (from highlights).
Positive factors
- Significant total indicated gold resource.
- Open pit mining method suggests lower operating costs.
Evidence · table
“0.3”
Context: 8.08
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 8080000Grade: 4.8Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:34874d10b4bf9ebaff6e
- Deposit or zone
- Total Indicated
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8080000
- Grade
- 4.8
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated silver resource (OP) with a grade of 4.8 g/t Ag.
Positive factors
- Significant total indicated silver resource.
- Open pit mining method suggests lower operating costs.
Evidence · table
“4.8”
Context: 8.08
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 8080000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:34874d10b4bf9ebaff6e
- Deposit or zone
- Total Indicated
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8080000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated copper equivalent resource (OP) with a grade of 1.00% CuEq.
Positive factors
- Significant total indicated copper equivalent resource.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Evidence · table
“1.00”
Context: 8.08
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 1960000Grade: 0.3Grade Unit: %Contained Metal: 14.38Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:eaa6f9b5c74dd5adfbee
- Deposit or zone
- Total Indicated
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1960000
- Grade
- 0.3
- Grade Unit
- %
- Contained Metal
- 14.38
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated copper resource (UG) with a grade of 0.3% Cu and 14.38 M lb contained copper.
Positive factors
- Significant total indicated copper resource.
Evidence · table
“0.3”
Context: 1.96
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 1960000Grade: 0.9Grade Unit: %Contained Metal: 40.7Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:eaa6f9b5c74dd5adfbee
- Deposit or zone
- Total Indicated
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1960000
- Grade
- 0.9
- Grade Unit
- %
- Contained Metal
- 40.7
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated zinc resource (UG) with a grade of 0.9% Zn and 40.70 M lb contained zinc.
Positive factors
- Significant total indicated zinc resource.
Evidence · table
“0.9”
Context: 1.96
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 1960000Grade: 0.3Grade Unit: g/tContained Metal: 96000Contained Unit: ozView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:eaa6f9b5c74dd5adfbee
- Deposit or zone
- Total Indicated
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1960000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 96000
- Contained Unit
- oz
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated gold resource (UG) with a grade of 0.3 g/t Au and 96,000 oz contained gold (from highlights).
Positive factors
- Significant total indicated gold resource.
Evidence · table
“0.3”
Context: 1.96
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 1960000Grade: 4.5Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:eaa6f9b5c74dd5adfbee
- Deposit or zone
- Total Indicated
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1960000
- Grade
- 4.5
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated silver resource (UG) with a grade of 4.5 g/t Ag.
Positive factors
- Significant total indicated silver resource.
Evidence · table
“4.5”
Context: 1.96
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 1960000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:eaa6f9b5c74dd5adfbee
- Deposit or zone
- Total Indicated
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1960000
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Indicated copper equivalent resource (UG) with a grade of 1.00% CuEq.
Positive factors
- Significant total indicated copper equivalent resource.
- Metal equivalent assumptions are disclosed.
Evidence · table
“1.00”
Context: 1.96
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 420000Grade: 1.42Grade Unit: %Contained Metal: 13.14Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:ef7ddabda27609ea4fa0
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 420000
- Grade
- 1.42
- Grade Unit
- %
- Contained Metal
- 13.14
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper resource for Cold Lake (OP) with a high grade of 1.42% Cu and 13.14 M lb contained copper.
Positive factors
- High copper grade and contained metal.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.42”
Context: 0.42
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 420000Grade: 2.08Grade Unit: %Contained Metal: 19.24Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:ef7ddabda27609ea4fa0
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 420000
- Grade
- 2.08
- Grade Unit
- %
- Contained Metal
- 19.24
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred zinc resource for Cold Lake (OP) with a high grade of 2.08% Zn and 19.24 M lb contained zinc.
Positive factors
- High zinc grade and contained metal.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“2.08”
Context: 0.42
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 420000Grade: 0.34Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:ef7ddabda27609ea4fa0
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 420000
- Grade
- 0.34
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred gold resource for Cold Lake (OP) with a grade of 0.34 g/t Au.
Positive factors
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.34”
Context: 0.42
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 420000Grade: 21Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:ef7ddabda27609ea4fa0
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 420000
- Grade
- 21
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred silver resource for Cold Lake (OP) with a high grade of 21.0 g/t Ag.
Positive factors
- High silver grade.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“21.0”
Context: 0.42
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 420000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:ef7ddabda27609ea4fa0
- Deposit or zone
- Cold Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 420000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper equivalent resource for Cold Lake (OP) with a high grade of 2.70% CuEq.
Positive factors
- High copper equivalent grade.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“2.70”
Context: 0.42
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 480000Grade: 1.38Grade Unit: %Contained Metal: 14.44Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:9d8bcbd7dc01c3b7254c
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 1.38
- Grade Unit
- %
- Contained Metal
- 14.44
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper resource for Lost Lake (OP) with a high grade of 1.38% Cu and 14.44 M lb contained copper.
Positive factors
- High copper grade and contained metal.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.38”
Context: 0.48
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 480000Grade: 3.31Grade Unit: %Contained Metal: 34.61Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:9d8bcbd7dc01c3b7254c
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 3.31
- Grade Unit
- %
- Contained Metal
- 34.61
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred zinc resource for Lost Lake (OP) with an exceptional grade of 3.31% Zn and 34.61 M lb contained zinc.
Positive factors
- Exceptional zinc grade and contained metal.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“3.31”
Context: 0.48
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 480000Grade: 0.76Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:9d8bcbd7dc01c3b7254c
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 0.76
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred gold resource for Lost Lake (OP) with a grade of 0.76 g/t Au.
Positive factors
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.76”
Context: 0.48
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 480000Grade: 17Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:9d8bcbd7dc01c3b7254c
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 17
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred silver resource for Lost Lake (OP) with a high grade of 17.0 g/t Ag.
Positive factors
- High silver grade.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“17.0”
Context: 0.48
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 480000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:9d8bcbd7dc01c3b7254c
- Deposit or zone
- Lost Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 3.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper equivalent resource for Lost Lake (OP) with an exceptional grade of 3.50% CuEq.
Positive factors
- Exceptional copper equivalent grade.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“3.50”
Context: 0.48
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 5820000Grade: 0.97Grade Unit: %Contained Metal: 124.4Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c42239b59c7b29dd1235
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5820000
- Grade
- 0.97
- Grade Unit
- %
- Contained Metal
- 124.4
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper resource for Bob (OP) with a strong grade of 0.97% Cu and 124.40 M lb contained copper.
Positive factors
- Strong copper grade and significant contained metal.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.97”
Context: 5.82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 5820000Grade: 0.8Grade Unit: %Contained Metal: 102.73Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c42239b59c7b29dd1235
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5820000
- Grade
- 0.8
- Grade Unit
- %
- Contained Metal
- 102.73
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred zinc resource for Bob (OP) with a grade of 0.80% Zn and 102.73 M lb contained zinc.
Positive factors
- Significant contained zinc.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.80”
Context: 5.82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 5820000Grade: 0.28Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c42239b59c7b29dd1235
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5820000
- Grade
- 0.28
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred gold resource for Bob (OP) with a grade of 0.28 g/t Au.
Positive factors
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.28”
Context: 5.82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 5820000Grade: 6Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c42239b59c7b29dd1235
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5820000
- Grade
- 6
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred silver resource for Bob (OP) with a grade of 6.0 g/t Ag.
Positive factors
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“6.0”
Context: 5.82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 5820000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:c42239b59c7b29dd1235
- Deposit or zone
- Bob
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5820000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper equivalent resource for Bob (OP) with a strong grade of 1.50% CuEq.
Positive factors
- Strong copper equivalent grade.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.50”
Context: 5.82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 4190000Grade: 1.04Grade Unit: %Contained Metal: 95.94Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:492a637dbaee3dc22721
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4190000
- Grade
- 1.04
- Grade Unit
- %
- Contained Metal
- 95.94
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper resource for Bob (UG) with a strong grade of 1.04% Cu and 95.94 M lb contained copper.
Positive factors
- Strong copper grade and significant contained metal.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.04”
Context: 4.19
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 4190000Grade: 0.96Grade Unit: %Contained Metal: 88.56Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:492a637dbaee3dc22721
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4190000
- Grade
- 0.96
- Grade Unit
- %
- Contained Metal
- 88.56
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred zinc resource for Bob (UG) with a grade of 0.96% Zn and 88.56 M lb contained zinc.
Positive factors
- Significant contained zinc.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.96”
Context: 4.19
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 4190000Grade: 0.3Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:492a637dbaee3dc22721
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4190000
- Grade
- 0.3
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred gold resource for Bob (UG) with a grade of 0.30 g/t Au.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.30”
Context: 4.19
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 4190000Grade: 7.3Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:492a637dbaee3dc22721
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4190000
- Grade
- 7.3
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred silver resource for Bob (UG) with a grade of 7.3 g/t Ag.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“7.3”
Context: 4.19
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 4190000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:492a637dbaee3dc22721
- Deposit or zone
- Bob
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4190000
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper equivalent resource for Bob (UG) with a strong grade of 1.70% CuEq.
Positive factors
- Strong copper equivalent grade.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.70”
Context: 4.19
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 2880000Grade: 1.23Grade Unit: %Contained Metal: 77.9Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:1f05c00820fea03c4201
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2880000
- Grade
- 1.23
- Grade Unit
- %
- Contained Metal
- 77.9
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper resource for Jungle (OP) with a strong grade of 1.23% Cu and 77.90 M lb contained copper.
Positive factors
- Strong copper grade and significant contained metal.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.23”
Context: 2.88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 2880000Grade: 0.78Grade Unit: %Contained Metal: 49.43Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:1f05c00820fea03c4201
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2880000
- Grade
- 0.78
- Grade Unit
- %
- Contained Metal
- 49.43
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred zinc resource for Jungle (OP) with a grade of 0.78% Zn and 49.43 M lb contained zinc.
Positive factors
- Significant contained zinc.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.78”
Context: 2.88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 2880000Grade: 0.28Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:1f05c00820fea03c4201
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2880000
- Grade
- 0.28
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred gold resource for Jungle (OP) with a grade of 0.28 g/t Au.
Positive factors
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.28”
Context: 2.88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 2880000Grade: 6.8Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:1f05c00820fea03c4201
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2880000
- Grade
- 6.8
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred silver resource for Jungle (OP) with a grade of 6.8 g/t Ag.
Positive factors
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“6.8”
Context: 2.88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 2880000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:1f05c00820fea03c4201
- Deposit or zone
- Jungle
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2880000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper equivalent resource for Jungle (OP) with a strong grade of 1.80% CuEq.
Positive factors
- Strong copper equivalent grade.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.80”
Context: 2.88
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 4380000Grade: 1.08Grade Unit: %Contained Metal: 104.26Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:f88bfeb2dfd04f1e2247
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4380000
- Grade
- 1.08
- Grade Unit
- %
- Contained Metal
- 104.26
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper resource for Jungle (UG) with a strong grade of 1.08% Cu and 104.26 M lb contained copper.
Positive factors
- Strong copper grade and significant contained metal.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.08”
Context: 4.38
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 4380000Grade: 1.08Grade Unit: %Contained Metal: 104.25Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:f88bfeb2dfd04f1e2247
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4380000
- Grade
- 1.08
- Grade Unit
- %
- Contained Metal
- 104.25
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred zinc resource for Jungle (UG) with a strong grade of 1.08% Zn and 104.25 M lb contained zinc.
Positive factors
- Strong zinc grade and significant contained metal.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.08”
Context: 4.38
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 4380000Grade: 0.16Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:f88bfeb2dfd04f1e2247
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4380000
- Grade
- 0.16
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred gold resource for Jungle (UG) with a grade of 0.16 g/t Au.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.16”
Context: 4.38
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 4380000Grade: 5.4Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:f88bfeb2dfd04f1e2247
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4380000
- Grade
- 5.4
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred silver resource for Jungle (UG) with a grade of 5.4 g/t Ag.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“5.4”
Context: 4.38
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 4380000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:f88bfeb2dfd04f1e2247
- Deposit or zone
- Jungle
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 4380000
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Inferred copper equivalent resource for Jungle (UG) with a strong grade of 1.70% CuEq.
Positive factors
- Strong copper equivalent grade.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.70”
Context: 4.38
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 9590000Grade: 1.1Grade Unit: %Contained Metal: 229.88Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0c3b1920c4d7feef45bf
- Deposit or zone
- Total Inferred
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 9590000
- Grade
- 1.1
- Grade Unit
- %
- Contained Metal
- 229.88
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred copper resource (OP) with a strong grade of 1.10% Cu and 229.88 M lb contained copper.
Positive factors
- Significant total inferred copper resource with strong grade.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.10”
Context: 9.59
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 9590000Grade: 1Grade Unit: %Contained Metal: 206.01Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0c3b1920c4d7feef45bf
- Deposit or zone
- Total Inferred
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 9590000
- Grade
- 1
- Grade Unit
- %
- Contained Metal
- 206.01
- Contained Unit
- m lb
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred zinc resource (OP) with a strong grade of 1.00% Zn and 206.01 M lb contained zinc.
Positive factors
- Significant total inferred zinc resource with strong grade.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.00”
Context: 9.59
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 9590000Grade: 0.3Grade Unit: g/tContained Metal: 158000Contained Unit: ozView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0c3b1920c4d7feef45bf
- Deposit or zone
- Total Inferred
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 9590000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 158000
- Contained Unit
- oz
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred gold resource (OP) with a grade of 0.30 g/t Au and 158,000 oz contained gold (from highlights).
Positive factors
- Significant total inferred gold resource.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.30”
Context: 9.59
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 9590000Grade: 7.7Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0c3b1920c4d7feef45bf
- Deposit or zone
- Total Inferred
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 9590000
- Grade
- 7.7
- Grade Unit
- g/t
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred silver resource (OP) with a grade of 7.7 g/t Ag.
Positive factors
- Significant total inferred silver resource.
- Open pit mining method suggests lower operating costs.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“7.7”
Context: 9.59
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 9590000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:0c3b1920c4d7feef45bf
- Deposit or zone
- Total Inferred
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 9590000
- Cutoff Grade
- 20
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred copper equivalent resource (OP) with a strong grade of 1.70% CuEq.
Positive factors
- Significant total inferred copper equivalent resource with strong grade.
- Open pit mining method suggests lower operating costs.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.70”
Context: 9.59
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 8570000Grade: 1.1Grade Unit: %Contained Metal: 200.2Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:752656f707266736da70
- Deposit or zone
- Total Inferred
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8570000
- Grade
- 1.1
- Grade Unit
- %
- Contained Metal
- 200.2
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred copper resource (UG) with a strong grade of 1.10% Cu and 200.20 M lb contained copper.
Positive factors
- Significant total inferred copper resource with strong grade.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.10”
Context: 8.57
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · zincTonnes: 8570000Grade: 1Grade Unit: %Contained Metal: 192.81Contained Unit: m lbView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- zinc
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:752656f707266736da70
- Deposit or zone
- Total Inferred
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8570000
- Grade
- 1
- Grade Unit
- %
- Contained Metal
- 192.81
- Contained Unit
- m lb
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred zinc resource (UG) with a strong grade of 1.00% Zn and 192.81 M lb contained zinc.
Positive factors
- Significant total inferred zinc resource with strong grade.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.00”
Context: 8.57
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · goldTonnes: 8570000Grade: 0.2Grade Unit: g/tContained Metal: 158000Contained Unit: ozView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:752656f707266736da70
- Deposit or zone
- Total Inferred
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8570000
- Grade
- 0.2
- Grade Unit
- g/t
- Contained Metal
- 158000
- Contained Unit
- oz
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred gold resource (UG) with a grade of 0.20 g/t Au and 158,000 oz contained gold (from highlights).
Positive factors
- Significant total inferred gold resource.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“0.20”
Context: 8.57
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · silverTonnes: 8570000Grade: 6.3Grade Unit: g/tView all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:752656f707266736da70
- Deposit or zone
- Total Inferred
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8570000
- Grade
- 6.3
- Grade Unit
- g/t
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred silver resource (UG) with a grade of 6.3 g/t Ag.
Positive factors
- Significant total inferred silver resource.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“6.3”
Context: 8.57
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredSherridon Copper-Zinc-Gold-Silver Project · copperTonnes: 8570000View all detailsHide details
Identity
- Project
- Sherridon Copper-Zinc-Gold-Silver Project
- Commodity
- copper
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- TWO
Resource scope
- Estimate type
- resource
- Effective date
- 2026-04-22T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Geoffrey Reed, Bengt Anders Hogrelius, Bouke van 't Riet, Mark Saxon
- Resource group id
- resource:752656f707266736da70
- Deposit or zone
- Total Inferred
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8570000
- Cutoff Grade
- 55
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-04-22
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-26T00:00:00.000Z
Reasoning: Total Inferred copper equivalent resource (UG) with a strong grade of 1.70% CuEq.
Positive factors
- Significant total inferred copper equivalent resource with strong grade.
- Metal equivalent assumptions are disclosed.
Negative factors
- Inferred resource category has lower confidence.
Evidence · table
“1.70”
Context: 8.57
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
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.