Gladiator Discovers New Zone of Copper Mineralization at Cowley Park
Gladiator Discovers New Zone of Copper
Mineralization at Cowley Park
HIGHLIGHTS:
Assay results from 9 of 22 holes of a recently completed 4,000m diamond drill program at the
Cowley Park Prospect ("Cowley Park").
Significant intercepts include:
CPG-017:
26m @ 1.49% Cu & 368 ppm Mo from 98m including 15m @ 2.36% Cu &
421ppm Mo from 104m and 4m @ 7.75% Cu & 686 ppm Mo from 110m.
CPG-023:
13m @ 2.06% Cu and 1071 ppm Mo
from 38m and
8m @ 1.05% Cu 513 ppm Mo
from 79 m
CPG-011D1:
58m @ 0.74% Cu & 1,245 ppm Mo from 81m, Including:
8m @ 1.65% Cu, 1,905 ppm Mo
from 87m
12m @ 1.12% Cu & 605ppm Mo
from 105m
CPG-015:
7m @ 1.45% Cu from 52m & 2m @ 3.77% Cu from 55m
10m @ 1.23% Cu & 319ppm Mo
from 204m
CPG-016:
58m @ 0.62%Cu from 57m, Incl.
7m @ 1.99 % Cu & 867 ppm Mo
from 78m
The interval of
10m @ 1.23% Cu from 204m in CPG-015
is the first hole into a
new discovery
zone
only 50m to the south of the historical drill area highlighting the potential future resource
upside and underexplored nature of the Cowley Park area.
Shallow results confirm the continuity of shallow, copper-molybdenum skarn mineralization at
Cowley Park as well as highlighting the potential of the lower grade mineralized envelope to
significantly contribute to future resource potential. Copper and molybdenum mineralization
remains open along strike and down dip in all directions.
Gladiator is fully funded to expand its ambitious exploration program at the Whitehorse Copper
Project.
Gladiator CEO, Jason Bontempo commented:
"Drilling continues to define the continuity and scale of high- grade copper mineralisation at Cowley
Park as well as providing further definition to the potentially significant coincident Molybdenum
mineralisation.
The discovery of a new zone of mineralisation only 50m to the south of the historical drill area in hole
CPG-015 highlights the exploration upside at Cowley Park close to existing modelled mineralisation
and supports the ongoing drill program targeting further extensions to the south and south-east.
I look forward to reporting the remainder of the assays from this second drill campaign at Cowley Park
in the coming weeks"
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) -
Gladiator Metals Corp.
(TSXV:
GLAD) (OTCQB: GDTRF) ("
Gladiator
" or the "
Company
") is pleased to announce initial results from its
recently completed 4,000m diamond drill program at Cowley Park.
Cowley Park - Ongoing Drilling Campaign
Initial assay results have been received for the first nine holes of Gladiators recently completed 4,000m
diamond drill program at Cowley Park (please refer to Figure 1 below for details). Significant drill
intercepts received so far include:
CPG-017:
26m @ 1.49% Cu & 368 ppm Mo from 98m including 15m @ 2.36% Cu & 421ppm Mo
from 104m and 4m @ 7.75% Cu & 686 ppm Mo from 110m.
CPG-023:
13m @ 2.06% Cu and 1071 ppm Mo
from 38m and
8m @ 1.05% Cu 513 ppm Mo
from 79 m
CPG-011D1:
58m @ 0.74% Cu & 1,245 ppm Mo from 81m, Including:
8m @ 1.65% Cu, 1,905 ppm Mo
from 87m
12m @ 1.12% Cu & 605ppm Mo
from 105m
CPG-015:
17m @ 0.91% Cu from 42m,
Incl. 3m @ 1.71 % Cu from 42m, 7m @ 1.45% Cu from
52m & 2m @ 3.77% Cu from 55m
31m @ 0.58% Cu, 642ppm Mo
from 80m and
10m @ 1.23% Cu & 319ppm Mo
from 204m
CPG-016:
58m @ 0.62%Cu from 57m, Incl.
7m @ 1.99 % Cu & 867 ppm Mo
from 78m
CPG-019:
20m @ 0.82% Cu from 96m including 4m @ 2.62% Cu from 96m
CPG-020D1:
47.2m @ 0.67% Cu from 132m
These results confirm the width and continuity of high-grade mineralization previously targeted at Cowley
Park with mineralization remaining open in all directions. Results such as 15m @ 2.36% Cu from 104m
(CPG-015) and 13m @ 2.06 from 38m (CPG-023) compare favorably to previously announced high-
grade historical drill intercepts (refer to the Company's news releases listed below).
A new zone of copper skarn mineralization has also been discovered in hole CPG-015 with 10m @
1.23% Cu intersected at 204m (please refer to Figures 1 and 2 for details). This result lies only 50m to
the south of the historical area of drilling and indicates the significant upside potential remaining in the
Cowley Park area.
Drilling completed was designed to test extensions to high-grade mineralized and aid planning for
resource definition drilling. Drilling targeted identified trends through step out drill holes located primarily
to the south and southeast of identified mineralization, including following up on the most southeasterly
hole to date, 19-CP-08 which intersected 43.28m @ 2.24% Cu from 93.27m (Figure 1).
Figure 1: Section A-A' through recently completed drillholes CPG-015 and CPG-016 in comparison to
historical drilling intercepts on the same section (refer to Figure 2 for location). Section highlights new
zone of mineralization in hole CPG-015 (Marked in Yellow) Section A-A' is marked on Figure 1 for
reference.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/190464_35fe7e33545da901_002full.jpg
Figure 2: Plan map of the advanced Cowley Park Copper Prospect. Select recent and historical drill
results with a cumulative Copper%*m of >40 highlighted. Status of current 4,000m diamond drilling
program highlighted. Location of section A-A', Figure 1, shown.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/190464_35fe7e33545da901_003full.jpg
A complete list of the compiled holes from Cowley Park and their significant intercepts and details can
be found at:
https://docs.google.com/spreadsheets/d/1mn25VTZ5DSvCH-
NfXUYRnCmB6WxwWVE5NVYMdYKd41U/edit#gid=1204953821
Further details on quoted mineralization intersected in drilling contained in this release, plus any relevant
information regarding QAQC can be found at:
"Gladiator Metals Announces Results of Maiden Drill Program at Cowley Park Copper Prospect" -
News Release dated July 24, 2023
.
"Gladiator Metals Intersects Copper in Maiden Drill Campaign at Cowley Park" - News Release
dated June 5, 2023
.
"Gladiator Metals Assays 32.92m @ 2.08% Copper from Historical Drill Core at Cowley Park" -
News Release dated May 15, 2023
.
"Gladiator Metals Samples 12.5m @ 8.02% Copper at the Cowley Park and Commences Drilling
at the Whitehorse Copper Project" - News Release dated April 27, 2023
.
"Gladiator Metal Announces Additional High-Grade Copper Drill Intercepts" - News Release dated
April 3, 2023
.
The Whitehorse Copper Project
The Whitehorse Copper Project is an advanced-stage copper (Cu) ± molybdenum (Mo) ± silver (Ag) ±
gold (Au) skarn exploration project in the Yukon Territory, Canada. The property comprises 314
contiguous claims covering approximately 5,380 Hectares (13,294 acres) in the Whitehorse Mining
District as shown on below.
Figure 3: Plan map of the Whitehorse Copper Project showing geology and location of key prospects
within the main trend please refer to
Company's prior news releases dated February 13, April 3, May
15, June 5 and July 24, 2023
for details
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/190464_35fe7e33545da901_004full.jpg
QA / QC
Drilling completed by Gladiator was irregularly spaced to test parts of the mineralised systems, holes
were directionally surveyed utilising a North Seeking Gyro direction tool. Drill collars were being
subsequently surveyed utilising a high-accuracy RTK DGPS system.
Upon drilling of diamond core Gladiator undertakes geological logging, marking up of lineal length of the
core, recording core recovery, and Geotech measurements such as RQD's and taking core
photographs.
Based on the geological logging, core is then marked up for sampling with a new sampling ticket that
matches the submitted sample for analysis at the start of the sample interval, the drill core is then cut in
half utilizing a core saw equipped with a diamond saw blade. The core samples are then sent for
analysis and the remaining half core retained for future reference. Certified Reference Materials (CRMs)
or known blank material is placed within the sampling sequence at a nominal sampling rate of 1 in 20
samples to monitor the Laboratory. Samples are submitted to the ALS Global laboratory (Canada).
Samples subject to this release were crushed to 70% less than 2mm before pulverizing to better than
85% passing 75 microns. Samples were then analysed by ALS method ME-ICP61 (Aqua Regia with
ICP-MS finish), with over limits for Cu analysed by method CU-OG62 (Aqua Regia with ICP-MS finish).
As part of this process, Gladiator also captures the required sampling metadata to potentially utilize the
core and analysis for any future requirements if deemed acceptable. The QA/QC meets the current
required standards under reporting instruments, such as NI-43-101. At this point the Company regards
the data collected from this exercise as reliable for the purposes of identifying future exploration targets
and may be used to inform future drilling and exploration campaigns.
In reference to historic drill results reported in this news release from the Company's data compilation
exercise, these results are historical in nature. Gladiator has not undertaken any independent
investigation, nor has it independently analyzed the results of the historical exploration work in order to
verify the results.
The Company believes that the historical drill results currently do not conform
to presently accepted industry standards.
Gladiator considers these historical drill results relevant
as the Company will use this data as a guide to plan future exploration and drilling programs. The
Company also considers the data to be reliable for these purposes, however, the Company's future
exploration work will include verification of the data through drilling.
RSU Grant
The Company also announces that it has granted 370,000 restricted share units to a director of the
Company, subject to TSX Venture Exchange approval.
The restricted share units were granted in
accordance with the Company's restricted share unit plan dated September 8, 2023 and vest over a
two-year term.
Qualified Person
All scientific and technical information in this news release has been prepared or reviewed and
approved by Kell Nielsen, a "qualified person" as defined by NI 43-101.
ON BEHALF OF THE BOARD
"
Jason Bontempo
"
Jason Bontempo, CEO
For further information contact:
Dustin Zinger, Investor Relations
+1-604-653-9464
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") or any state securities
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