Gladiator Extends Cowley Park Geological Model to Include Additional High-Grade Copper Mineralization Gladiator has received assay results for additional holes drilled at the Cowley Park prospect ("Cowley Park") comprising part of the remaining historic drill core. These results are from
Gladiator Extends Cowley Park Geological
Model to Include Additional High-Grade
Copper Mineralization
Gladiator has received assay results for additional holes drilled at the Cowley Park prospect
("Cowley Park") comprising part of the remaining historic drill core. These results are from
historical holes drilled but not previously logged or assayed and further define the continuity of the
high-grade copper skarn mineralization at Cowley Park.
Results include:
19-CP-14:
10.3m @ 1.92% Cu and 1,459ppm Mo from 131.7m
CP-149:
10m @ 1.07% Cu from 49m (within: 24m @ 0.63% Cu from 35m)
CP-159:
8m @ 1.02% Cu from 105m
The interval in CP-159 represents the most south easterly intercept of copper skarn mineralization to
date, with mineralization remaining open under cover.
Figure 1: Isometric view of recently remodeled zone of mineralization showing position of Sub Parallel
and Southeastern Extension zones of mineralization.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/210732_3bff8c2d848a4a74_002full.jpg
These results are from holes drilled but not previously logged or assayed by prior owners of the
project, and further define the continuity of the high-grade copper skarn mineralization at Cowley
Park.
The incorporation of these results into geological modelling of the Cowley Park prospect has
highlighted areas of significant exploration upside with identified targets including:
Southeastern Extensions:
The interval reported in CP-159 represents the most south
easterly intercept of copper skarn mineralization reported to date, potentially extending the
known mineralized system over 100m to the east, with mineralization remaining open under
cover.
Northeastern Extension:
The most north easterly copper skarn intercept at Cowley Park
reported to date is 43.28m @ 2.24% Cu from 93.27m with mineralization remaining open to
the east under cover.
Sub-Parallel Trends:
Additional, unexplored sub-parallel trends under cover indicated by
initial drilling including 10m @ 1.23% Cu from 204m in CPG-015.
Western Extension:
Recent mapping undertaken at Cowley Park has identified a
significant fault that may have displaced the main mineralized body on the western side,
opening up significant potential for the mineralization to extend west.
Depth Extensions:
Mineralization remains open at depth with the deepest intervals drilled
to date, including 14.33m @ 1.22% Cu from 130.15m (18-CP-03) remaining open at depth
Gladiator CEO, Jason Bontempo commented:
"Results from the ongoing logging and sampling of unassayed core from exploration drilling
completed in recent years has identified further, previously unreported, high-grade mineralization.
The results from Gladiator's sampling continues to define the continuity and scale of high-grade
copper mineralization at Cowley Park, as well as providing further definition to the potentially
significant coincident molybdenum mineralization.
These new results, combined with geological modelling of the Cowley Park prospect have highlighted
multiple new areas of exploration upside under cover away from the known mineralization. These
areas are key targets for summer exploration programs.
Of particular significance is the identification of the continuity of copper mineralization to the
unexplored south-east of existing drill grids in CP-159.
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) -
Gladiator Metals Corp.
(TSXV: GLAD)
(OTCQB: GDTRF) (FSE: ZX7) ("
Gladiator
" or the "
Company
") is pleased to announce further results
from the high-grade Cowley Park prospect at the Whitehorse Copper Project and provide an update on
its exploration upside.
Cowley Park - First Time Assaying of Historic Drill Core
Gladiator has been logging and assaying historical backlogged uncut core holes drilled but not
previously logged or assayed by prior owners. Gladiator has received assay results for an additional
three holes drilled at the Cowley Park prospect, with results including:
19-CP-14:
10.3m @ 1.92% Cu and 0.1459 ppm Mo from 131.7m
CP-149:
10m @ 1.07% Cu from 49m (within: 24m @ 0.63% Cu from 35m)
CP-159:
8m @ 1.02% Cu from 105m
The recently returned assay results (
refer Table 1 & Figure 2
) continue to support Gladiator's
interpretation that mineralization at Cowley Park consists of multiple bodies, dipping shallowly to the
southwest.
Recent geological modelling of the Cowley Park prospect has identified multiple areas of significant
exploration upside (
refer to Figure 1 below
) including:
Southeastern Extension:
The interval in CP-159 represents the most south-easterly
intercept of copper skarn mineralization to date with mineralization remaining open under
cover.
Northeastern Extension:
The most north-easterly copper-skarn intercept at Cowley Park
is 43.28m @ 2.24% Cu from 93.27m, including 13.72m @ 5.41% Cu (19-CP-08) with
mineralization remaining open to the east under cover.
Sub-Parallel Trends:
Additional, unexplored sub-parallel trends under cover indicated by
initial drilling including 10m @ 1.23% Cu from 204m in CPG-015.
Western Extension:
Recent mapping undertaken at Cowley Park has identified a
significant fault that may have displaced the main mineralized body on the western side,
opening up significant potential for the mineralization to extend west.
Depth Extensions:
Mineralization remains open at depth with the deepest intervals drilled
to date, including 14.33m @ 1.22% Cu from 130.15m (18-CP-03) including 5m @ 2.78%
Cu, remaining open at depth.
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. Map shows recently identified areas of
exploration upside from geological modelling.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/210732_3bff8c2d848a4a74_003full.jpg
Hole ID
Depth
East
North
Dip
Azim
Note
From
To
Interval
(m)
CuEq
(+ Mo)
Cu
(%)
Au
(g/t)
Ag
(g/t)
Mo
(ppm)
CuPCM
(Cu* Int)
Remarks
CP-149
134.11
506,078
6,715,445
-90
11
35.00
59.00
24.00
0.70
0.63
0.01
5.37
17
15.08
CP-149
134.11
506,078
6,715,445
-90
11
49.00
59.00
10.00
1.18
1.07
0.01
9.26
26
10.67
CP-155
79.30
505,589
6,715,514
-50
11
66.00
71.07
5.07
0.48
0.36
0.04
2.16
146
1.81
CP-159
123.40
506,420
6,715,185
-65
11
Incl.
69.00
75.00
6.00
0.75
0.59
0.12
4.10
60
3.57
Plus
69.00
71.00
2.00
1.48
1.21
0.25
7.30
13
2.42
Plus
105.00
113.00
8.00
1.25
1.02
0.09
6.70
210
8.13
19-CP-02
173.74
506,082
6,715,373
-45
191
76.20
91.44
15.24
0.82
0.62
0.02
4.67
316
9.42
102.41
110.03
7.62
0.88
0.66
0.01
1.75
450
5.05
Incl.
105.16
108.20
3.04
1.68
1.27
0.01
3.11
853
3.86
Plus
118.57
121.19
2.62
1.40
0.87
0.00
2.08
1,157
2.28
19-CP-11
188.98
506,183
6,715,492
-75
191
75.00
76.00
1.00
1.41
1.12
0.22
7.50
107
1.12
19-CP-06
152.40
506,209
6,715,334
-45
11
NSA
19-CP-14
251.46
506008
6715419
-90
0
74.60
80.00
5.40
1.14
0.56
0.10
6.20
1,004
3.03
Plus
131.70
149.79
18.09
1.86
1.20
0.20
9.19
951
21.79
Incl.
131.70
142.00
10.30
2.94
1.92
0.31
14.35
1,459
19.80
19-CP-15
249.94
506,008
6,715,419
-70
11
9.00
15.00
6.00
0.43
0.34
0.03
2.10
110
2.05
Plus
62.00
72.00
10.00
0.88
0.61
0.03
4.04
480
6.10
Plus
80.00
110.00
30.00
0.47
0.35
0.01
1.97
210
10.44
Plus
125.00
128.00
3.00
0.69
0.59
0.00
1.50
197
1.77
Plus
138.00
142.00
4.00
1.78
0.35
0.00
1.20
3,216
1.40
Plus
148.00
161.00
13.00
0.43
0.33
0.01
0.92
182
4.29
LDN16-01
236.22
505,738
6,715,416
-90
11
109.00
111.00
2.00
0.40
0.35
0.02
1.10
44
0.71
Previously Reported Intersections
CP-097
144.78
506,393
6,715,161
-55
0
68.88
71.93
3.05
2.12
2.12
6.47
Plus
119.63
130.00
10.37
1.95
1.95
20.25
CPG-015
248.72
506,084
6,715,326
-50
190
42.00
59.00
17.00
1.10
0.91
0.12
9.59
23
15.42
Incl.
42.00
45.00
3.00
2.08
1.71
0.28
16.30
9
5.13
And
52.00
59.00
7.00
1.76
1.45
0.18
16.23
51
10.15
And
55.00
57.00
2.00
4.52
3.77
0.38
41.85
135
7.54
Plus
80.00
111.00
31.00
0.91
0.58
0.03
2.54
642
18.01
Plus
184.00
190.00
6.00
0.79
0.74
0.01
2.10
47
4.46
Plus
204.00
218.00
14.00
1.16
0.97
0.04
5.82
246
13.54
Incl.
204.00
214.00
10.00
1.48
1.23
0.05
7.37
319
12.33
18-CP-03
187.45
506,065
6,715,400
-45
M1
81.38
93.57
12.19
1.81
1.45
0.12
9.03
413
17.72
Incl.
83.82
92.96
9.14
2.28
1.85
0.15
11.75
450
16.92
Plus
100.77
122.22
21.45
1.38
0.66
0.06
5.33
1,408
14.16
Incl.
108.20
122.22
14.02
1.74
0.89
0.08
7.08
1,639
12.43
Incl.
114.00
117.96
3.96
3.18
1.96
0.18
15.06
2,114
7.77
Plus
130.15
144.48
14.33
1.35
1.22
0.05
4.22
119
17.54
Incl.
139.29
144.48
5.19
2.95
2.78
0.06
7.00
123
14.44
19-CP-08
176.78
506,233
6,715,329
-45
11
70.10
76.81
6.71
1.36
0.72
0.09
7.17
1,139
4.80
Plus
84.12
85.04
0.92
2.13
1.01
0.15
10.80
2,040
0.93
Plus
93.27
136.55
43.28
2.59
2.24
0.10
9.49
406
96.75
Incl.
109.42
123.14
13.72
5.81
5.41
0.17
19.21
208
74.24
Plus
151.00
157.00
6.00
1.44
1.18
0.09
3.47
353
7.05
Hole ID
Depth
East
North
Dip
Azim
Note
From
To
Interval
(m)
CuEq
(+ Mo)
Cu
(%)
Au
(g/t)
Ag
(g/t)
Mo
(ppm)
CuPCM
(Cu* Int)
Remarks
Table 1:
Cowley Park Significant Intersections (Recent Logging & Sampling of Historic Holes & Intersections quoted in text and Figures in this
release).
Copper Equivalent (CuEq) was based on the following assumed metal prices on the 21 April 2024 of $US 9.876 per tonne Cu, $US2,390 per Ounce
Au, $US28.69 per Ounce Ag & $US43,725 per tonne Mo. Recovery is assumed to be 100% as no metallurgical test work has been completed.
For further details on quoted mineralization intersected in drilling contained in this release, plus any
relevant information regarding QAQC can be found at:
"
Gladiator Discovers New Zone of Copper Mineralization at Cowley Park
"
- News Release dated December 11, 2023
"
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.
QA / QC
As part of the processing and capturing of the previously unassayed drill core, Gladiator is undertaking a
systematic review of the available drill core after being retrieved from storage. This includes a review of
the geological logging, marking up of lineal length of the core, undertaking a comparison of the physical
ticketed sampling against historic documentation where noted, remarking any notations on the core box
(including hole number, box number and nominal depths) and taking core photographs.
After the systematic review, if the core is required to be sampled or resampled where it is deemed to not
match the historical record of the hole, it 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 (for un-cut core) or quartered (for resampled core where required) utilizing a core saw equipped with
a diamond saw blade. The core samples are then sent for analysis and the remaining half (or quarter
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 25 samples to monitor the
laboratory. Samples are submitted to the ALS Global laboratory (Canada).
Samples are then crushed to 70% passing less than 2mm before pulverizing to better than 85% passing
75 microns. Samples are then analysed by ALS method ME-ICP41 (Aqua Regia with ICP-MS finish) or
ME-ICP61 (Aqua Regia with ICP-AES finish), with over limits for Cu analysed by method CU-OG46
(Aqua Regia with ICP-MS finish). Au is analysed by ALS method Au-AA25 (Ore grade Fire Assay 30g
with AA 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. Further drilling will need to be
completed by Gladiator at some stage to confirm the reliability or usability of this data in the future
including but not limited to twinning of reported mineralization. This may be required as Gladiator may
not be able to confirm the accuracy of the stated drill collar location or be able to re-enter the holes to
confirm depths and undertake directional surveys, or that the QA/QC might not meet the current required
standards under reporting instruments, such as NI-43-101. At this point the Company is treating 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. Please refer to the Company's
previous news releases regarding Cowley Park for further details.
Where Copper Equivalents have been stated, Assumptions of the pricing are referenced in the tabulated
results and recovery is assumed to be 100% as no metallurgical data is available. The following
equation was used to calculate copper equivalence:
Copper Equivalent (CuEq) = ((Cu% * CuPrice 1% Per Tonne) + (Au (g/t) x (AuPrice/31.105)) + (Ag (g/t)
x (AgPrice/31.105)) +(Mo% * MoPrice 1% Per Tonne)) / CuPrice 1% Per Tonne
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
President and CEO
For further information contact:
Dustin Zinger, Investor Relations
+1-604-653-9464
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U.S. Securities Act
") or any state securities
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or "forward-looking information". Any statements or information that express or involve discussions
with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future
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