Green Bridge Metals Corporation Announces Completion of Geophysical Study at South Contact Zone Properties
Suite 800, 1199 West Hastings Street
Vancouver, British Columbia, V6E 3T5
www.greenbridgemetals.com
NEWS RELEASE
Green Bridge Metals Corporation Announces Completion of Geophysical Study at South
Contact Zone Properties
Vancouver, Canada – September 4, 2024 – Green Bridge Metals Corporation ( CNSX: GRBM) ("Green Bridge" or
the "Company") is pleased to announce the completion of a geophysical study of the Oxide Ultramafic Intrusions
(OUI) at the Skibo and Wyman-Siphon prospects within the South Contact Zone (SCZ) (Figure 1) that host titanium-
copper-nickel-vanadium mineralization. Based on a positive correlation between mineralization and the OUIs, the
Company has contracted Geotech LTD to conduct a 721 line kilometer VTEM survey in Q4 of this year. The new
VTEM survey will focus on developing drill targets through the acquisition of new geophysical data for the Titac –
Boulder prospect areas, which do not have a modern geophysical survey.
David Suda, CEO stated: “The Company’s recent site visit and re -interpretation of existing data has increased our
confidence that the properties in the SCZ (South Contact Zone) in Minnesota are well mineralized . It is a rare
opportunity to see such clear, yet underexplored targets in an area with historically rich polymetallic endowment.
We look forward to rapidly and continuously advanc ing the Company’s leverage to the increasing global demand
for ‘green metals’”.
The geophysical analysis has yielded positive results for identifying OUI bodies through a combination of magnetic
and Virtual Time Domain Electro Magnetics (VTEM) geophysical methods. Along the SCZ, OUI s consistently yield
significant TiO2-V-Cu+Ni mineralization where they are intersected in drilling. This study serve s to highlight the
geophysical expression of OUIs at Wyman-Siphon and Skibo where known massive and disseminated copper (Cu)-
nickel (Ni) mineralization occurs. Several new OUI targets were developed based on this geophysical evaluation at
the Wyman-Siphon and Skibo prospects (Figure 2) and are considered high priority drill targets.
Detailed Discussion:
Results of the geophysical data analysis at the Wyman-Siphon area shows that historical drilling within two of the
newly identified OUI regions yielded intercepts of 0.6 - 2.4% copper (Cu) and 0.22 - 0.45% nickel (Ni) over a variety
of thicknesses. At the Skibo prospect, historical drilling within previously identified OUIs yielded intercepts of 2.0 -
3.8% Cu and 1.0 - 6.4% Ni over a variety of thicknesses . Substantial ground within the Skibo prospect , host to
several VTEM conductive anomalies, remain untested at Skibo.
At the Titac South prospect, a historic al TiO2 mineral resource exists with disseminate d Cu-Ni-V mineralization
accompanying the TiO2 (see August 25, 2024, News Release). Titac North also contains historical intercepts of TiO2-
Cu-Ni-V mineralization. Both Titac South and Titac North are associated with relative magnetic high zones in the
geophysical data. Importantly, another magnetic high zone has been identified at Titac East to the southeast of
Titac South on the Titac property (Figure 3). Though similar in its magnetic response to known mineralization at
Titac, this area has not been drill tested. Based on the findings above, the Company believes a VTEM survey over
the Titac and Boulder prospect areas will highlight new drill targets along the Southern SCZ. The Company looks
forward to informing the market of its drill plans based on a comprehensive analysis of historical and newly
commissioned VTEM surveys in due course.
Figure 1. Regional location map showing geology (MGS State Map Series S-21 2011), infrastructure, and neighboring Cu-Ni-PGE (+/- TiO2-
V2O5) deposits. The Titac area includes the Titac North and Titac South prospects.
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Figure 2. Side by side maps of the magnetics (left) and VTEM (right) over the Wyman-Siphon and Skibo properties. New OUI targets (pink
polygons) as well as historically interpreted OUI (blue polygons) are shown.
Figure 3. Regional magnetics map of the Southern SCZ (Minnesota Geological Survey) showing the Titac and Boulder prospects along with
historic drill intercepts at their respective locations.
The historical MRE for the SCZ was calculated prior to the implementation of the standards set forth in NI
43-101 and current CIM standards for mineral resource estimation. Resource definitions, terminology, and
reporting standards have changed significantly since these series of reports. The estimates in these reports
are all considered historical in nature and a QP has not done sufficient work to evaluate these resources
as current resources. Therefore, the Company and the authors of this report are treating these estimates
as historical in nature.
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QP Statement:
Michael Dufresne, M.Sc., P.Geol., P.Geo., is a qualified person as defined by National Instrument 43 -101 and has
reviewed and approved the scientific and technical information in this press release.
ON BEHALF OF GREEN BRIDGE METALS,
“David Suda”
President and Chief Executive Officer
For more information, please contact:
David Suda
President and Chief Executive Officer
Tel: 604.928-3101
About Green Bridge Metals
Green Bridge Metals Corporation (formerly Mich Resources Ltd.) is a Canadian based exploration company focused
on acquiring ‘battery metal’ rich mineral assets and the development of the South Contact Zone (the “Property”)
along the basal contact of the Duluth Intrusion, north of Duluth, Minnesota. The South Contact Zone contains bulk-
tonnage copper-nickel and titanium-vanadium in ilmenite hosted in ultramafic to oxide ultramafic intrusions. The
Property has exploration targets for bulk -tonnage Ni mineralization, high grade Ni -Cu-PGE magmatic sulfide
mineralization and titanium.
Forward Looking Information
Certain statements and information herein, including all statements that are not historical facts, contain forward-
looking statements and forward -looking information within the meaning of applicable securities laws. Such
forward-looking statements or information include but are not limited to statements or information with respect
to: the exploration and development of the South Contact Zone Properties; and the VTEM survey planned for Q4
of this year.
Although management of the Company believe that the assumptions made and the expectations represented by
such statements or information are reasonable, there can be no assurance that forward -looking statements or
information herein will prove to be accurat e. Forward-looking statements and information by their nature are
based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause
actual results, performance or achievements, or industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements or information. These risk
factors include, but are not limited to: the exploration and development of the South Contact Zone Properties may
not result in any commercially successful outcome for the Company; risks associated with the business of the
Company; business and economic conditions in the mining industry generally; changes in general economic
conditions or conditions in the financia l markets; changes in laws (including regulations respecting mining
concessions); and other risk factors as detailed from time to time.
The Company does not undertake to update any forward-looking information, except in accordance with
applicable securities laws.
Certain figures and references contain information supported by public and corporate references that may have
been updated, changed, or modified since their referenced date. The Company has not reviewed any resources
and cannot comment on their accuracy.
References:
1Farrow, D., Johnson, M., (2012), January 2012 National Instrument 43 -101Technical Report on the Titac Ilmenite Exploration
Project, Minnesota, USA. SRK Consulting (Canada) Inc. SRK Project Number 2CC031.004. Cardero Resources Corp.
2DeMatties, T.A., (2020). Encampment Minerals, Inc., 2020 Winter Drilling Program at the Skibo (North) Property, St. Louis
County, Minnesota, Technical Report. Encampment Minerals Inc.
3DeMatties, T.A. (2012). Encampment Minerals Inc., Duluth Copper -Nickel-PGM Exploration Program Boulder Lake North
Property, St Louis County Minnesota, Technical Report (unpublished). Encampment Minerals Inc.