Gladiator Announces Further High-Grade Copper Results from Chiefs Trend: 20.44m at 2.17% Copper Returned
Gladiator Metals Corp. (TSXV: GLAD) reports further high-grade copper results at the Chiefs Trend, confirming continuity of mineralization over 600m of strike. Significant copper and gold mineralization found in recent assays, indicating exploration upside. CEO Jason Bontempo highlights the near-term high-grade copper potential at the Chiefs Trend. Ongoing drilling reveals unmined mineralization and exploration potential. Gladiator plans to assay future drilling for additional credits, including gold and silver.
High-grade copper and gold mineralization confirmed at the Chiefs Trend, indicating significant resource potential.
Exploration upside indicated by wide widths of anomalous mineralization in initial step-out drilling, suggesting further extensions of mineralized bodies.
Results support the extent of unmined mineralization and emphasize the near-term copper resource potential at the Chiefs Trend.
Some holes finished in high-grade copper and gold mineralization due to challenging ground conditions, potentially impacting future drilling operations.
The historical mineral resources discussed in the press release do not conform to current industry standards, requiring further review and exploration work before classifying as current reserves.
The marketing campaign services agreement with Native Ads, Inc. for digital media advertising may involve a significant budget allocation, impacting the Company's expenses.
Highlights
Results continue to confirm continuity of high-grade copper skarn mineralization at the Chiefs Trend with assays now received for 20 holes for 3,581m of drilling.
High-grade copper skarn mineralization has now been intersected over at least 600m of strike at the Chiefs Trend and remains open in all directions.
Assays returned significant copper and gold mineralization, including:
LCG-009: 11m @
1.67% Cu and 0.63 g/t Au from 194m.LCG-009D1: 20.44m @
2.17% Cu and 0.34 g/t Au from 221.6m to EOH.LCG-009D2: 8.7m @
2.06% Cu and 0.13 g/t Au from 167m.
In addition, exploration upside indicated by significant widths of anomalous mineralization in initial, 200m spaced step out drilling north of Middle Chief in drillhole LCG-010D1.
The above results are in addition to those previously reported on March 5, 2024, including:
LCG-001D1: 22m @
1.41% Cu and 0.28 g/t Au from 208m;LCG-001: 16m @
1.29% Cu and 0.61 g/t Au from 249m and 6m @ 1.56 % Cu and 1.06 g/t Au from 213m;LCG-001D2: 10m @
1.35% Cu and 0.51g/t Au from 196m, 10m @0.83% Cu and 0.19 g/t Au from 62m and 4m @ 1.03 Cu and 0.19 g/t Au from 84m; andLCG-003: Recovered core @
2.71% Cu and 1.39 g/t Au within a 13.75m mineralised zone from 256m to end of hole (approximately 270m) that failed in 0.25m @2.76% Cu and 0.28 g/t Au.
Gladiator CEO, Jason Bontempo commented:
"Gladiator has received further assays from its ongoing, 10,000m diamond drill program at the Chiefs Trend. These results confirm and support the significant widths of high-grade copper skarn mineralization identified from Gladiators data compilation of historical datasets and point to further extensions of the defined mineralised bodies. Mineralization remains open in all directions with some holes finishing in high grade copper-gold mineralization.
These results continue to confirm the extent of unmined mineralization and highlight the near-term, high-grade copper resource potential of the Chiefs Trend. Initial step out drilling on the Chiefs Trend, 200m to the north of Middle Chief has also encountered significant widths and grades of copper mineralization pointing to the exploration potential of the trend which is being followed up by ongoing drilling.
The significant gold assays coincident with high-grade copper mineralization identified in these initial assay results point to the upside potential of the Chiefs Trend with the historic drilling only assaying for copper".
________________________
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("Gladiator" or the "Company") provides an update on drilling at the Whitehorse Copper Project with drilling targeting significant widths of unmined, copper-gold skarns over more than 700m of strike at the historic Chiefs Trend (refer to Figure 1 below for details).
Figure 1: Plan view of recently collated Little Chief and Middle Chief drillhole data showing historic open pit as well as areas of historical production and unmined mineralization. Recent drilling highlighted showing extensions to mineralization as well as recently identified high-mag anomalies from drone magnetics (pink shading).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/208297_4f08d79d54b27bb1_002full.jpg
Drilling at Middle Chief & Big Chief Prospects
Assay results returned from 20 holes, 3,581m (LCG-001-005, LCG-007-008, LCG009, LCG-009D1, LCG-009D2, LCG-010 and LCG-010D1) at the Chiefs Trend confirm the extensive high-grade mineralization highlighted by Gladiator's data compilation of historical drilling (refer to news release 16th Nov 2023). Mineralization remains open in all directions with some holes finishing in high-grade copper and gold mineralization due to difficult ground conditions. Copper - gold mineralization highlighted from these assay returns includes:
LCG-009: 11m @
1.67% Cu and 0.63 g/t Au from 194m.LCG-009D1: 20.44m @
2.17% Cu and 0.34 g/t Au from 221.6m to EOH.LCG-009D2: 8.7m @2.06% Cu and 0.13 g/t Au from 167m.LCG-009D2: 8.7m @
2.06% Cu and 0.13 g/t Au from 167m.
In addition, significant exploration upside remains with extensive widths of anomalous copper intersected in initial 200m spaced step out drilling north of the known Middle Chief Mineralization. Drillhole LCG-010D1 intersected significant anomalous copper (Plus 40m > 0.1 Cu%, including 1m @
These results are in addition to analytical results reported on March 5, 2024, including:
LCG-003: Recovered core @
2.71% Cu and 1.39 g/t Au within a 13.75m mineralized zone from 256m to end of hole (approximately 270 m) that failed in 0.25m @2.76% Cu and 0.28 g/t Au.LCG-001D1: 22m @
1.41% Cu and 0.28 g/t Au from 208m.LCG-001: 6m @ 1.56 % Cu and 1.06 g/t Au from 213m and 16m @
1.29% Cu and 0.61 g/t Au from 249m.LCG-001D2: 10m @
0.83% Cu and 0.19 g/t Au from 62m, 4m @ 1.03 Cu and 0.19 g/t Au from 84m and 10m @1.35% Cu and 0.51g/t Au from 196m.
Please refer to Table 1 below for a full listing of drill results:
| Hole ID | Target | Depth | East | North | Dip | Azim | Note | From | To | Interval (m) | CuEq (%) | Cu (%) | Au (g/t) | Ag (g/t) | Mo (ppm) | CuPCM (Cu* Int) | Remarks |
| LCG-001 | MC | 338.33 | 496,665 | 6,722,472 | -68 | 245 | 67.00 | 69.00 | 2 | 2.08 | 0.01 | 2.66 | 0 | 6.0 | 0.02 | ||
| 183.00 | 221.00 | 38 | 0.98 | 0.66 | 0.35 | 5.32 | 11.0 | 25.08 | |||||||||
| Incl. | 185.00 | 193.00 | 8 | 1.64 | 1.16 | 0.51 | 8.63 | 2.0 | 9.28 | ||||||||
| And | 213.00 | 219.00 | 6 | 2.51 | 1.56 | 1.06 | 13.47 | 1.0 | 9.36 | ||||||||
| 237.00 | 241.00 | 4 | 0.61 | 0.59 | 0.01 | 1.15 | 34.0 | 2.36 | |||||||||
| 249.00 | 273.00 | 24 | 1.41 | 0.99 | 0.44 | 8.33 | 38.0 | 23.76 | |||||||||
| Incl. | 249.00 | 265.00 | 16 | 1.87 | 1.29 | 0.61 | 10.88 | 55.0 | 20.64 | ||||||||
| LCG-001D1 | MC | 273.19 | 496,671 | 6,722,474 | -66 | 245 | 204.00 | 236.00 | 32 | 1.41 | 1.11 | 0.27 | 9.24 | 113.0 | 35.52 | ||
| Incl. | 208.00 | 230.00 | 22 | 1.74 | 1.41 | 0.28 | 11.84 | 21.0 | 31.02 | ||||||||
| LCG-001D2 | MC | 301.75 | 496,671 | 6,722,473 | -65 | 275 | 62.00 | 76.00 | 14 | 0.85 | 0.69 | 0.15 | 5.14 | 179.0 | 9.66 | ||
| Incl. | 62.00 | 72.00 | 10 | 1.04 | 0.83 | 0.19 | 6.18 | 193.0 | 8.3 | ||||||||
| 84.00 | 88.00 | 4 | 1.23 | 1.03 | 0.19 | 5.35 | 0.0 | 4.12 | |||||||||
| 196.00 | 206.00 | 10 | 1.84 | 1.35 | 0.51 | 10 | 4.0 | 13.5 | |||||||||
| LCG-001D3 | MC | 215.8 | 496,671 | 6,722,473 | -58 | 190 | 147.00 | 149.00 | 2 | 1.13 | 0.66 | 0.5 | 8.9 | 1.0 | 1.32 | Hole Failed to reach Target | |
| LCG-002 | MC | 196.6 | 496,621 | 6,722,518 | -76 | 266 | 179.00 | 193.00 | 14 | 0.89 | 0.76 | 0.1 | 5.07 | 11.0 | 10.64 | Hole Failed in Fault Zone, prior to target | |
| LCG-003 | MC | 269.75 | 496,759 | 6,722,521 | -50 | 270 | 256.00 | 269.75 | 13.75 | 4.04 | 2.71 | 1.39 | 26.9 | 16.0 | 37.26 | EOH - Weighted Average Result - Calculated over the recovered Intervals, Includes 9m of core loss | |
| Incl. | 269.50 | 269.75 | 0.25 | 3.13 | 2.76 | 0.28 | 16.2 | 11.0 | 0.69 | EOH Sample | |||||||
| LCG-003D1 | MC | 301.75 | 496,759 | 6,722,521 | -55 | 271 | 249.00 | 251.00 | 2 | 0.91 | 0.70 | 0.14 | 10.9 | 7.0 | 1.41 | ||
| LCG-003D2 | MC | 265.18 | 496,759 | 6,722,521 | -55 | 262 | NSA | ||||||||||
| LCG-004 | MC | 205.74 | 496,296 | 6,722,773 | -60 | 155 | NSA | ||||||||||
| LCG-005 | BC | 169.16 | 496,318 | 6,722,727 | -60 | 165 | 6.10 | 9.00 | 2.9 | 0.95 | 0.54 | 0.51 | 1.83 | 1.0 | 1.57 | Big Chief | |
| 57.00 | 62.00 | 5 | 1.02 | 0.76 | 0.31 | 2.54 | 39.0 | 3.80 | |||||||||
| 97.00 | 106.00 | 9 | 0.42 | 0.35 | 0.08 | 1.28 | 431.0 | 3.15 | |||||||||
| LCG-006 | BC | 203 | 496,359 | 6,722,657 | -70 | 65 | 3.6 | 12.5 | 8.90 | 0.48 | 0.32 | 0.20 | 0.65 | 4.0 | 2.81 | ||
| LCG-007 | BC | 277.37 | 496,359 | 6,722,658 | -68 | 283 | NSA | ||||||||||
| LCG-008 | MC | 164.59 | 496,625 | 6,722,473 | -50 | 235 | NSA | ||||||||||
| LCG-008D1 | MC | 211.53 | 496,625 | 6,722,473 | -65 | 235 | 50.00 | 52.00 | 2 | 0.93 | 0.72 | 0.22 | 3.95 | 292.0 | 1.43 | ||
| LCG-008D2 | MC | 274.32 | 496,625 | 6,722,472 | -75 | 235 | 177.00 | 201.00 | 24 | 0.45 | 0.33 | 0.13 | 1.66 | 10.0 | 7.82 | Includes 0.3m of Core Loss | |
| LCG-009 | MC | 280.72 | 496,658 | 6,722,561 | -60 | 245 | 83.00 | 85.00 | 2 | 1.74 | 0.62 | 1.40 | 3.15 | 49.0 | 1.25 | ||
| 184.00 | 187.00 | 3 | 1.01 | 0.97 | 0.02 | 2.30 | 2.7 | 2.91 | |||||||||
| 194.00 | 223.00 | 29 | 1.14 | 0.83 | 0.32 | 6.60 | 8.5 | 24.09 | |||||||||
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FAQ
<p>What are the recent significant assay results at the Chiefs Trend?</p>Recent assay results at the Chiefs Trend include high-grade copper and gold mineralization, such as 20.44m @ 2.17% Cu and 0.34 g/t Au from 221.6m to EOH in hole LCG-009D1.
<p>Who is the CEO of Gladiator Metals Corp.?</p>The CEO of Gladiator Metals Corp. is Jason Bontempo, who commented on the significant widths of high-grade copper skarn mineralization identified at the Chiefs Trend.
<p>What is the exploration potential at the Chiefs Trend?</p>The ongoing drilling at the Chiefs Trend has revealed unmined mineralization and exploration potential, with initial step-out drilling indicating significant widths and grades of copper mineralization. 
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