Vancouver, British Columbia — January 20, 2026 — Leads & Copy — T2 Metals Corp. has announced high-grade silver and gold results from grab samples taken at the Shanghai mineral project in the Mayo Mining District, Yukon.
The samples, the first reported by the company from Shanghai, were taken by T2 Metals CEO Mark Saxon during due diligence for acquisition during Q4 2025. The rock grab samples were collected from historical mine dumps at the entrance to the Shanghai Silver Mine, which was developed in the 1960s by Silver Titan Mines Ltd.
Close to 800 meters of underground development is present, along with numerous trenches up dip from the underground workings along more than 1 kilometer of strike.
Sampling program highlights include:
2255101: 195 g/t Silver (Ag) and 2.71 g/t Gold (Au)
2255103: 451 g/t Silver (Ag) and 1.99 g/t Gold (Au)
2255109: 421 g/t Silver (Ag) and 2.04 g/t Gold (Au)
Eleven rock samples were collected from the Shanghai Silver Mine dumps to represent both vein and wall rock material. Gold values ranged from 0.02 to 2.71 g/t and averaged 1.01 g/t; silver values ranged from 0.5 to 451 g/t and averaged 128 g/t; copper values ranged from 2.2 to 1070 ppm and averaged 192 ppm; zinc ranged from 0.052% to 19.13% and averaged 4.91%. Samples were collected over a 200 m x 200 m area, none of which were in-situ.
Anomalous accessory elements commonly associated with Intrusion-Related Gold Systems (IRGS) including antimony, arsenic and mercury were encountered.
T2 Metals Corp President and CEO Mark Saxon said it was excellent to see the high-grade gold and silver values, since few samples from the Shanghai Silver Mine have ever been reported using modern assay methods.
Saxon said it is a key validation of the project’s prospectivity, especially considering the paucity of past exploration. He added that the Shanghai Silver Mine is an excellent Keno Hill style target, with over 1km of veining known from historic trenching. These results, combined with recent reconnaissance mapping and more widespread sampling, will be integrated into a structural model as the company finalizes targets for the 2026 summer season.
The Shanghai Silver Mine is hosted by the Keno Hill Quartzite immediately below the regionally extensive Robert Service Thrust fault. It lies on the northern limb of the McQuesten Antiform, presenting a mirror image of the Keno Hill camp found on the southern limb of this antiform.
Shanghai lies midway between the Keno Hill silver mine of Hecla Mining and the Haldane silver mineral project of Silver North Resources with a similar geological setting.
The samples were collected from dumps historically extracted from the Shanghai Silver Mine, characterized by quartz-carbonate veining with associated galena, sphalerite, and tetrahedrite. The results validate historical reports of high-grade mineralization at Shanghai and underscore the project’s potential within the Tombstone Gold Belt.
The Shanghai mineral project holds a Class 3 permit that enables drilling, road construction and installation of a camp with no additional permission required. The historical Shanghai Silver Mine had road access from the Eagle Mine Road at the time of production. Despite its proximity to gold and silver deposits and mines, the Shanghai project has never been drilled.
The Shanghai Silver Mine sits within the northwest portion of the Yukon’s Tombstone Gold Belt. During the 1960’s the Shanghai Silver Mine was explored by Silver Titan Mines Ltd with close to 800 m of underground development. Assays reported from underground workings that followed veins included 9.1 m @ 1182.8 g/t Ag, 8.2% Pb and 7.2% Zn (average width of 1.5 m) (Yukon Minfile 105M 028) *1.
T2 Metals representatives will attend VRIC and AME RoundUp conferences from January 25th. CEO Mark Saxon can be reached at msaxon@t2metals.com to arrange a meeting.
Mark Saxon, President & CEO
For further information, please contact: info@t2metals.com
Source: T2 Metals Corp
