Green Bridge Metals Corporation to Conduct Airborne VTEM Survey at Chrome Puddy Project to Delineate Drill Targets
Suite 800, 1199 West Hastings Street
Vancouver, British Columbia, V6E 3T5
www.greenbridgemetals.com
NEWS RELEASE
Green Bridge Metals Corporation to Conduct Airborne VTEM Survey at
Chrome Puddy Project to Delineate Drill Targets
Vancouver, Canada – July 9, 2024 – Green Bridge Metals Corporation (CNSX: GRBM, OTCQB: GBMCF, FWB: J48,
WKN: A3EW4S) ("Green Bridge" or the "Company") is pleased to announce it has contracted Geotech Ltd. of
Aurora, Ontario to carry out a helicopter -borne Versatile Time -Domain Electromagnetic (VTEM ™ Plus)
and magnetic geophysical survey of t he Chrome Puddy ultramafic intrusion, located in the Thunder Bay
Mining division, Ontario. The purpose of the survey is to delineate drill targets that are associated with
nickel mineralization encountered in historical drill holes and to better define untested conducto rs
defined in a historical (2000) airborne survey (Figure 1). The survey is anticipated to be completed in July
2024 and will consist of 224 line-km flown at 100 m line spacing for full coverage of the 1,546 ha Property.
David Suda, CEO of Green Bridge Metals, stated “ Green Bridge is excited to launch a modern VTEM
survey that we believe will refine several drill targets across the property and demonstrate the scale of
the opportunity. Additional groundwork that we are conducting in the form of rocks sampling, channel
sampling, and mapping in conjunction with airborne survey will provide the basis needed to get the
project to drill stage in Q4 of this year.”
The Chrome-Puddy Property is an EV metals project located 85 km north of the Lac des Iles Palladium
Mine in the Thunder Bay Mining Division, Ontario with nickel, copper, cobalt and platinum group metals
mineralization hosted in a 6.5 km by 1.5 km ultramafic intrusion. The project has numerous historical drill
targets that require refinement from the planned airborne survey . The VTEM ™ Plus system and
associated magnetic survey are well suited to the mineralization targets on the Property that include both
Ni-Cu-PGM sulphide targets and bulk tonnage Ni-Co-Fe oxide mineralization with a historical resource.
Geotech Ltd.'s Versatile Time -Domain Electromagnetic (VTEM ™ Plus) system is designed to detect
discrete conductive anomalies as well as map lateral and vertical variations in resistivity. A high-sensitivity
cesium magnetometer flown in conjunction with the VTEM™ Plus facilitates mapping geologic structure
and lithology. The system has a r adar altimeter with an accuracy of approximately 1 meter of real time
(WAAS) GPS Navigation System providing in-flight accuracy of up to 1.5 m.
Field Program – In addition to the geophysical surveys, Green Bridge has contracted A -Star Prospecting
of Thunder Bay to establish a camp on Chrome Lake as a base for future drilling programs. A- Star
Prospecting will also conduct channel sampling of outcrop exposures ide ntified in the autumn 2023
prospecting program. The 2023 prospecting identified widespread elevated nickel values ranging from
0.10% to 0.38% Ni with an average of 0.20% Ni, with associated elevated iron, cobalt and chromium values
in grab samples of serpentinized ultramafic rocks. The channel sampling will be the first step in quantifying
the grade and surface widths of this type of mineralization at Chrome-Puddy.
Green Bridge anticipates that the VTEM™ Plus surveys and additional sampling will enable drill targets
to be finalized for a subsequent drilling program.
Figure 1: Illustrates the 6.5km long ultramafic body that hosts nickel, copper, and PGM mineralization
on the property and the location of historical geophysical EM targets.
Richard H. Sutcliffe, PhD, PGeo is the Qualified Person who assumes responsibility for the technical
content of this press release. Mr. Sutcliffe is not independent of the Company as defined under National
Instrument 43-101 as Mr. Sutcliffe is the Principal of Pavey Ark, which was the vendor, for cash and share
consideration, of the Chrome Puddy property to Green Bridge Metals.
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 . These include the Chrome Puddy
Project and the recently announced South Contact Zone 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 P roperty 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.
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 accurate. Forward -looking statements and information by their nature are
based on assumptions and involve known and u nknown 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 th e
Company; business and economic conditions in the mining industry generally; changes in general economic
conditions or conditions in the financial 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.