# T2 Metals Files NI 43-101 Mineral Resource Estimate Report for the Sherridon Copper-Zinc-Gold-Silver Project, Manitoba, Canada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36 Original source: https://money.tmx.com/en/quote/TWO/news/8611002055032240/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop Publisher: tmx Original announcement: 2026-06-26T10:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: T2 Metals Corp. - Ticker: TWO - Exchange: TSX - Region: Manitoba, Canada - Primary commodity: Copper - Secondary commodities: Zinc, Gold, Silver - Document categories: Resource update - Extracted: 2026-09-17 02:41:55 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: New NI 43-101 compliant Mineral Resource Estimate filed for a multi-deposit VMS district. - Positive factor: Significant Indicated and Inferred resources defined for copper, zinc, gold, and silver. - Positive factor: Deposits are open at depth and along strike, indicating potential for growth. - Positive factor: Project benefits from established infrastructure \(rail, road, workforce, grid electricity\) reducing future CAPEX and permitting timelines. - Positive factor: More than one-third of the total contained tonnage is in the Indicated category, reflecting good confidence. - Positive factor: High-grade near-surface mineralization identified at Cold Lake and Lost Lake deposits. - Negative factor: A significant portion of the resource remains in the Inferred category. - Negative factor: Economic viability not yet demonstrated; PEA is being evaluated. Facts used in scoring: 85 ## Classification and evidence **Cut-off Disclosed** Polarity: positive Definition: 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) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-0) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.35 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-1) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.66 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-2) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.32 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-3) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 7.0 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-4) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 0.91 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-5) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.32 Context: 0.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-6) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.58 Context: 0.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-7) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.46 Context: 0.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-8) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 7.0 Context: 0.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-9) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 0.94 Context: 0.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-10) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Higher copper grade and contained metal. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.61 Context: 1.89 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-11) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Indicated resource category provides good confidence. - Positive factor: High zinc grade and contained metal. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 2.25 Context: 1.89 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-12) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.59 Context: 1.89 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-13) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 8.0 Context: 1.89 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-14) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: High copper equivalent grade. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 2.13 Context: 1.89 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-15) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.34 Context: 3.23 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-16) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.33 Context: 3.23 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-17) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.27 Context: 3.23 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-18) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 3.9 Context: 3.23 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-19) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 0.69 Context: 3.23 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-20) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.34 Context: 0.99 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-21) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.64 Context: 0.99 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-22) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.40 Context: 0.99 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-23) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 5.0 Context: 0.99 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-24) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 0.93 Context: 0.99 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-25) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.33 Context: 2.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-26) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.30 Context: 2.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-27) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.08 Context: 2.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-28) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 2.8 Context: 2.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-29) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 0.53 Context: 2.31 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-30) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.33 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-31) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Strong zinc grade and contained metal. Evidence · table > 1.58 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-32) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 0.09 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-33) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Indicated resource category provides good confidence. Evidence · table > 2.5 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-34) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Indicated resource category provides good confidence. - Positive factor: Strong copper equivalent grade. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 1.17 Context: 0.65 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-35) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total indicated copper resource. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.4 Context: 8.08 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-36) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Significant total indicated zinc resource. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.8 Context: 8.08 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-37) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Significant total indicated gold resource. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 0.3 Context: 8.08 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-38) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Significant total indicated silver resource. - Positive factor: Open pit mining method suggests lower operating costs. Evidence · table > 4.8 Context: 8.08 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-39) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total indicated copper equivalent resource. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 1.00 Context: 8.08 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-40) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total indicated copper resource. Evidence · table > 0.3 Context: 1.96 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-41) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Significant total indicated zinc resource. Evidence · table > 0.9 Context: 1.96 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-42) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Significant total indicated gold resource. Evidence · table > 0.3 Context: 1.96 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-43) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Significant total indicated silver resource. Evidence · table > 4.5 Context: 1.96 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-44) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total indicated copper equivalent resource. - Positive factor: Metal equivalent assumptions are disclosed. Evidence · table > 1.00 Context: 1.96 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-45) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: High copper grade and contained metal. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.42 Context: 0.42 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-46) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: High zinc grade and contained metal. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 2.08 Context: 0.42 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-47) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.34 Context: 0.42 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-48) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: High silver grade. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 21.0 Context: 0.42 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-49) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: High copper equivalent grade. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 2.70 Context: 0.42 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-50) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: High copper grade and contained metal. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.38 Context: 0.48 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-51) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Exceptional zinc grade and contained metal. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 3.31 Context: 0.48 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-52) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.76 Context: 0.48 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-53) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: High silver grade. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 17.0 Context: 0.48 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-54) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Exceptional copper equivalent grade. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 3.50 Context: 0.48 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-55) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper grade and significant contained metal. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.97 Context: 5.82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-56) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Significant contained zinc. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.80 Context: 5.82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-57) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.28 Context: 5.82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-58) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 6.0 Context: 5.82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-59) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper equivalent grade. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.50 Context: 5.82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-60) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper grade and significant contained metal. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.04 Context: 4.19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-61) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Significant contained zinc. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.96 Context: 4.19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-62) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Inferred resource category has lower confidence. Evidence · table > 0.30 Context: 4.19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-63) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Inferred resource category has lower confidence. Evidence · table > 7.3 Context: 4.19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-64) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper equivalent grade. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.70 Context: 4.19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-65) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper grade and significant contained metal. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.23 Context: 2.88 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-66) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Significant contained zinc. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.78 Context: 2.88 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-67) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.28 Context: 2.88 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-68) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 6.8 Context: 2.88 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-69) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper equivalent grade. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.80 Context: 2.88 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-70) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper grade and significant contained metal. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.08 Context: 4.38 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-71) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Strong zinc grade and significant contained metal. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.08 Context: 4.38 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-72) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Inferred resource category has lower confidence. Evidence · table > 0.16 Context: 4.38 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-73) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Inferred resource category has lower confidence. Evidence · table > 5.4 Context: 4.38 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-74) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Strong copper equivalent grade. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.70 Context: 4.38 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-75) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total inferred copper resource with strong grade. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.10 Context: 9.59 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-76) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Significant total inferred zinc resource with strong grade. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.00 Context: 9.59 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-77) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Significant total inferred gold resource. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.30 Context: 9.59 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-78) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Significant total inferred silver resource. - Positive factor: Open pit mining method suggests lower operating costs. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 7.7 Context: 9.59 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-79) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total inferred copper equivalent resource with strong grade. - Positive factor: Open pit mining method suggests lower operating costs. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.70 Context: 9.59 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-80) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total inferred copper resource with strong grade. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.10 Context: 8.57 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-81) Sherridon Copper-Zinc-Gold-Silver Project · zinc #### 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 factor: Significant total inferred zinc resource with strong grade. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.00 Context: 8.57 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-82) Sherridon Copper-Zinc-Gold-Silver Project · gold #### 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 factor: Significant total inferred gold resource. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 0.20 Context: 8.57 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-83) Sherridon Copper-Zinc-Gold-Silver Project · silver #### 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 factor: Significant total inferred silver resource. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 6.3 Context: 8.57 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/t2-metals-files-ni-43-101-mineral-resource-estimate-report-for-the-sherridon-cop--e21d49d8-09ce-4741-88c1-5e255c262f36#fact-resource-facts-84) Sherridon Copper-Zinc-Gold-Silver Project · copper #### 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 factor: Significant total inferred copper equivalent resource with strong grade. - Positive factor: Metal equivalent assumptions are disclosed. - Negative factor: Inferred resource category has lower confidence. Evidence · table > 1.70 Context: 8.57 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: 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.