Gladiator Drills 36m of 1.23% Cu and 20m of 1.22% Cu at Cowley Park and Returns 40.2m of 1.74% Cu from Unassayed Historic Core
Gladiator Metals Corp (TSXV: GLAD) announces final results from 10 diamond drill holes at Cowley Park and completion of assaying 11 historic core holes. Key findings include multiple high-grade copper intersections with significant co-product credits of gold, silver, and molybdenum:
Notable new drill results:
- 36m @ 1.23% Cu from 49m with gold, silver & molybdenum credits
- 20m @ 1.22% Cu from 118m within 52m @ 0.73% Cu
- 98m @ 1.49% Cu from 103m including 20m @ 5.53% Cu
Historic core assay highlights:
- 40.2m @ 1.74% Cu from 32.3m
- 23.04m @ 1.59% Cu from 74.98m
Results confirm significant mineralization potential at Cowley Park, with copper mineralization remaining open along strike and at depth. The company plans resource definition and exploration drilling in 2025.
Gladiator Metals Corp (TSXV: GLAD) annuncia i risultati finali di 10 perforazioni a diamante presso Cowley Park e il completamento delle analisi di 11 perforazioni storiche. Le scoperte chiave includono numerosi incroci di rame ad alta qualità con significativi crediti di co-prodotto di oro, argento e molibdeno:
Risultati di perforazione notevoli:
- 36m @ 1.23% Cu da 49m con crediti di oro, argento e molibdeno
- 20m @ 1.22% Cu da 118m all'interno di 52m @ 0.73% Cu
- 98m @ 1.49% Cu da 103m includendo 20m @ 5.53% Cu
Salienti delle analisi istoriche:
- 40.2m @ 1.74% Cu da 32.3m
- 23.04m @ 1.59% Cu da 74.98m
I risultati confermano un significativo potenziale di mineralizzazione a Cowley Park, con la mineralizzazione di rame che rimane aperta lungo il giacimento e in profondità. L'azienda prevede la definizione delle risorse e perforazioni esplorative nel 2025.
Gladiator Metals Corp (TSXV: GLAD) anuncia los resultados finales de 10 perforaciones de diamante en Cowley Park y la finalización del análisis de 11 perforaciones históricas. Los hallazgos clave incluyen múltiples intersecciones de cobre de alta calidad con significativos créditos de co-productos de oro, plata y molibdeno:
Resultados notables de perforación:
- 36m @ 1.23% Cu desde 49m con créditos de oro, plata y molibdeno
- 20m @ 1.22% Cu desde 118m dentro de 52m @ 0.73% Cu
- 98m @ 1.49% Cu desde 103m incluyendo 20m @ 5.53% Cu
Destacados de análisis históricos:
- 40.2m @ 1.74% Cu desde 32.3m
- 23.04m @ 1.59% Cu desde 74.98m
Los resultados confirman un significativo potencial de mineralización en Cowley Park, con la mineralización de cobre permaneciendo abierta a lo largo del yacimiento y en profundidad. La compañía planea definir recursos y realizar perforaciones exploratorias en 2025.
Gladiator Metals Corp (TSXV: GLAD)가 Cowley Park에서 10개의 다이아몬드 드릴 구멍의 최종 결과를 발표하고 11개의 역사적 코어 홀에 대한 분석을 완료했습니다. 주요 발견 사항은 금, 은 및 몰리브데넘의 중요한 공동 생산 신용과 함께 여러 고품질 구리 교차점이 포함됩니다:
주목할만한 새로운 드릴 결과:
- 49m에서 1.23% Cu의 36m, 금, 은 및 몰리브데넘 크레딧
- 118m에서 1.22% Cu의 20m, 52m @ 0.73% Cu 내에서
- 98m에서 1.49% Cu의 103m, 20m @ 5.53% Cu 포함
역사적 코어 분석 하이라이트:
- 32.3m에서 1.74% Cu의 40.2m
- 74.98m에서 1.59% Cu의 23.04m
결과는 Cowley Park에서의 상당한 광물화 잠재력을 확인하며, 구리 광물화는 광맥을 따라 그리고 깊이에서 계속 열려있습니다. 회사는 2025년에 자원 정의 및 탐사 드릴링을 계획하고 있습니다.
Gladiator Metals Corp (TSXV: GLAD) annonce les résultats finaux de 10 trous de forage en diamant au Cowley Park et l'achèvement de l'analyse de 11 trous historiques. Les principales découvertes comprennent plusieurs intersections de cuivre de haute qualité avec d'importants crédits de co-produit d'or, d'argent et de molybdène :
Nouveaux résultats de forage notables :
- 36m @ 1.23% Cu à partir de 49m avec des crédits d'or, d'argent et de molybdène
- 20m @ 1.22% Cu à partir de 118m dans 52m @ 0.73% Cu
- 98m @ 1.49% Cu à partir de 103m y compris 20m @ 5.53% Cu
Points forts des analyses historiques :
- 40.2m @ 1.74% Cu à partir de 32.3m
- 23.04m @ 1.59% Cu à partir de 74.98m
Les résultats confirment un potentiel significatif de minéralisation au Cowley Park, avec une minéralisation de cuivre restant ouverte le long du gisement et en profondeur. L'entreprise prévoit une définition des ressources et des forages d'exploration en 2025.
Gladiator Metals Corp (TSXV: GLAD) gibt die endgültigen Ergebnisse von 10 Diamantbohrlöchern in Cowley Park sowie den Abschluss der Analyse von 11 historischen Kernbohrlöchern bekannt. Zu den wichtigsten Erkenntnissen gehören mehrere hochgradige Kupferintersektionen mit bedeutenden Co-Produktgutschriften von Gold, Silber und Molybdän:
Bemerkenswerte neue Bohrergebnisse:
- 36m @ 1.23% Cu ab 49m mit Gold-, Silber- und Molybdängutschriften
- 20m @ 1.22% Cu ab 118m innerhalb von 52m @ 0.73% Cu
- 98m @ 1.49% Cu ab 103m einschließlich 20m @ 5.53% Cu
Höhepunkte der historischen Kernanalysen:
- 40.2m @ 1.74% Cu ab 32.3m
- 23.04m @ 1.59% Cu ab 74.98m
Die Ergebnisse bestätigen das signifikante Mineralisierungspotenzial in Cowley Park, wobei die Kupfermineralisierung entlang des Erzkörpers und in der Tiefe weiterhin offen bleibt. Das Unternehmen plant 2025 eine Ressourcendefinition und Erkundungsbohrungen.
- Multiple high-grade copper intersections with significant widths
- Presence of valuable co-product credits (Au, Ag, Mo)
- Mineralization remains open along strike and at depth
- Historic core assays confirm additional high-grade zones
- System shows potential for significant resource expansion
- None.
SUMMARY
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2025) - Gladiator Metals Corp (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("Gladiator" or the "Company") announces that it has received the final outstanding results from the remaining 10 diamond drill holes of the recently completed Cowley Park drill program. Additionally, the Company has completed assaying of 11 holes (1,427m) of unassayed historic core. These drill intercepts support the revised geological framework ahead of planned 2025 resource definition and exploration drilling.
Recently returned significant intercepts include:
36m @
1.23% Cu from 49m (0.22 g/t Au, 7.53 g/t Ag & 494 ppm Mo), including 6m @1.53% Cu from 61m (1.02 g/t Au, 13.1g/t Ag & 262 ppm Mo) - CPG-03924m @
1.05% Cu from 84m (0.07 g/t Au, 7.02 g/t Ag & 978 ppm Mo) within 32m @0.90% Cu from 82m (0.06 g/t Au, 6.02 g/t Ag & 942ppm Mo)- CPG-0378m @
1.23% Cu from 69m (0.12 g/t Au, 5.6 g/t Ag & 161 ppm Mo) within 52m @0.55% Cu from 63m (0.05 g/t Au, 2.27 g/t Ag, & 238 ppm Mo) - CPG-03620m @
1.22% Cu from 118m (0.03 g/t Au, 5.29 g/t Ag & 317 ppm Mo) within 52m @0.73% Cu from 88m (0.04 g/t Au, 4.56 g/t Ag & 255 ppm Mo) - CPG-05110m @
1.04% Cu from 103m (0.22 g/t Au, 8.48 g/t Ag & 1,955 ppm Mo) within 50m @0.54% Cu from 67m (0.07 g/t Au, 4.02 g/t Ag & 557 ppm Mo) - CPG-062 and22m @
1.02% Cu from 117m (0.10 g/t Au, 11.25 g/t Ag & 319 ppm Mo) within 38m @0.84% Cu from 109m (0.08 g/t Au, 8.03 g/t Ag & 253 ppm Mo) from the far eastern extent of drilling completed to date at Cowley - CPG-033
Additionally, Gladiator's team re-logged and re-assayed 11 previously unassayed, historic diamond drill holes. Significant intercepts include:
23.04m @
1.59% Cu from 74.98m (0.15 g/t Au, 10.28 g/t Ag & 460 ppm Mo) plus 4.88m @3.45% Cu from 81.38m (0.30 g/t Au, 25.45 g/t Ag & 949ppm Mo) & 4.75m @1.91% Cu from 93.27m (0.15 g/t Au, 7.6 g/t Ag & 594 ppm Mo) within 31.09m @1.27% Cu from 71.02m (0.12 g/t Au, 8.34 g/t Ag & 374 ppm Mo) - 18-CP-0613.30m @
2.10% Cu from 48.70m (0.08 g/t Au, 12.06 g/t Ag & 761 ppm Mo) Including 8.00m @3.02% Cu from 50m (0.11 g/t Au, 18.30 g/t Ag & 981 ppm Mo) - CP-14240.20m @
1.74% Cu from 32.30m (0.11 g/t Au, 7.57 g/t Ag & 515 ppm Mo) - CP-144
Assaying of the historic diamond drill core has confirmed significant co-product credits consisting of gold, silver and molybdenum with the copper mineralization.
Recent drilling confirms the Company's belief that Cowley Park has the potential to host a significant economic copper resource.
Gladiator's 2024 drilling has identified:
significant upside identified down dip and along strike associated with high-grade mineralization (exoskarn), including results of 98m @
1.49% Cu from 103m (0.04 g/t Au, 3.68 g/t Ag & 187 ppm Mo) including 20m @5.53% Cu from 145m (0.07 g/t Au, 11.47 g/t Ag & 229 ppm Mo), or 14m @7.67% Cu from 145m (0.07 g/t Au, 15.16 g/t Ag & 217 ppm Mo) - CPG-047broad intersections of newly identified endoskarn (intrusive associated) mineralization, found to be consistent with or better than observed in historic drilling. The wider intervals were further enhanced with the addition of previously unassayed complimentary co-products to copper including molybdenum, gold, and silver.
Gladiator CEO, Jason Bontempo commented: "Cowley Park continues to exceed our initial expectations. Completion of the 2024 drill season has not only confirmed broader intervals of copper mineralization but has confirmed continuity of higher grade exoskarn mineralization that now appears opens along strike and at depth, leading us to believe mineralization has the potential to extend well beyond our previous geological interpretation. Additional drone magnetics and IP work completed in 2024 is being compiled and interpreted to better understand 2025 exploration targets that have the potential to expand Cowley Park."
COWLEY PARK DRILLING
Gladiator completed 34 diamond drill holes (CPG-031 to 064) for 6,104m at Cowley Park (Table 1 & Figure 1) during its late 2024 drilling. Drilling was designed to:
Confirm and test the continuity of near surface, high-grade copper mineralization along four systematic drill fences (Section Lines) spaced 120-220m apart identified from previous drilling for future high-grade copper resource definition (Figure 1).
Test new shallow, undrilled, chargeability anomalies identified from recently completed Induced Polarization (IP) surveys, potentially related to unrecognized copper sulfide bodies.
Test significant exploration upside including extensions to known high-grade copper skarn mineralization and test sub-parallel trends recently identified in drilling.
Test the previously unrecognized resource potential of the endoskarn copper mineralization at Cowley Park which has not been systematically targeted or sampled in historic drilling.
Test the economic potential of complimentary co-products to copper mineralization including molybdenum, gold, and silver.
Figure 1: Plan map of all drilling at Cowley Park over LIDAR DTM. All drill collars completed by Gladiator to date colored by sum Cu% x Length (m), historical collars marked as light-colored dots.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/236980_363636a9b4010b21_002full.jpg
Drilling completed by the Company has significantly advanced it's understanding of the localised geology and provided a greater understanding of the mineralization controls, specifically those related to the high-grade exoskarn mineralization. This is further enhanced by CPG-049 (drilled as a twin of 19-CP-04) that was designed to test for significant high-grade mineralization believed to be truncated by historic hole "19-CP-04". This historic hole was, subsequently interpreted to be inconsistent in terms of its mineralization and geology when compared to the surrounding holes returning:
98m @
1.49% Cu from 103m (0.04 g/t Au, 3.68 g/t Ag & 187 ppm Mo) including 20m @5.53% Cu from 145m (0.07 g/t Au, 11.47 g/t Ag & 229 ppm Mo), or 14m @7.67% Cu from 145m (0.07 g/t Au, 15.16 g/t Ag & 217 ppm Mo)- CPG-04779m @
1.37% Cu from 71m (0.06 g/t Au, 4.38 g/t Ag & 261 ppm Mo) including 26m @3.31% Cu from 88m (0.06 g/t Au, 8.97 g/t Ag & 44 ppm Mo) - CPG-04938m @
1.01% Cu from 96m (0.06 g/t Au, 4.83 g/t Ag & 604 ppm Mo) including 12m @1.73% Cu from 96m (0.10 g/t Au, 7.75 g/t Ag & 1,052 ppm Mo) & 4m @2.50% Cu from 122 m (0.10 g/t Au, 11.15 g/t Ag & 1,051 ppm Mo) - CPG-045
CPG-049, supported by additional mineralization intersected in CPG-045 and CPG-047 suggests mineralization continues for at least 220 metres from near surface down dip on Line 3 (Figure 4), remaining open at depth and to the east and west along strike. These holes confirm Gladiator's belief that copper mineralization including molybdenum, gold and silver at Cowley Park continues near surface, is high-grade and remains open along strike and down dip in all directions with significant resource expansion opportunities both within AND outside the area of historic drilling.
The Company is also looking at targeting strike extensions and the potential of the higher-grade mineralization to continue east towards historic drilling (Figure 1) that returned:
- 15.85m @
6.37% Cu from 84.43m, Including 12.5m @8.02% Cu from 85.04m - 18-CP-04 (collared ~60m east of Section Line 3) and
- 43.28m @
2.24% Cu from 93.27m, Including 13.72m @5.41% Cu from 109.42m - 19-CP-08 (collared ~110m east of CPG-047-049). Refer to Press Release dated May 8, 2024
Section Line 1
Section Line 1 was designed to follow up on drilling completed by Gladiator in 2023 that returned significant broad mineralized intersections and elevated Au, Ag & Mo, Including:
20m @
1.43% Cu from 42m (0.07 g/t Au, 3.96 g/t Ag & 254 ppm Mo) within 71m @0.72% Cu from 32m (0.04 g/t Au, 2.08 g/t Ag & 143 ppm Mo) - CPG-00113m @
1.44% Cu from 28m (0.31 g/t Au, 10.53 g/t Ag & 1,564 ppm Mo) and 33m @1.48% Cu from 71m (0.25 g/t Au, 8.31 g/t Au & 404ppm Mo) within 113m @0.79% Cu from 19m (0.13 g/t Au, 4.75 g/t Ag & 464 ppm Mo) - CPG-0025m @
1.23% Cu from 9m (0.12 g/t Au, 10.44 g/t Ag & 1,121 ppm Mo) and 13.2m @2.26% Cu from 22.8m (0.34 g/t Au, 17.96 g/t Au & 833 ppm Mo) - CPG-003
Drilling confirmed the presence of a bounding structure (interpreted fault) on the northern side of the mineralization (CPG-052) and that the previous interpretation of the mineralization flattening at depth and returning to surface on the southern portion of the system ("Bowl" Interpretation) appears to be incorrect. Mineralization within the endoskarn is now interpreted as being defined by the brittle deformation within the skarn and is moderately steeply dipping (to the south).
Drilling returned a best result of:
- 8m @
1.07% Cu from 85m (0.36 g/t Au, 8.03 g/t Ag & 2,032 ppm Mo) within 28m @0.56% Cu from 79m (0.12 g/t Au, 3.30 g/t Ag & 956 ppm Mo) - CPG-055
Figure 2: Section (Line 1) through the Cowley Park prospect looking 280o (20m Window approximately West) showing only Gladiator drilling and recently returned assay results along the interpreted granodiorite-skarn boundary. Section (Line 1) is marked on Figure 1 for reference.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/236980_363636a9b4010b21_003full.jpg
Section Line 2
Drilling on Section Line 2 confirmed the broad nature of the endoskarn mineralization as identified in historic drilling on the western side of the mineralized area. Drilling highlighted the economic potential of complimentary co-products to copper mineralization including molybdenum (up to 1,482 ppm), gold (up to 0.35 g/t), and silver (up to 18.17 g/t). Select drilling intercepts returned:
8m @
1.48% Cu from 87m (0.23 g/t Au, 8.5 g/t Ag & 1,347ppm Mo) within 52m @0.74% Cu from 77m (0.09 g/t Au, 4.07 g/t Ag & 473 ppm Mo) - CPG-03130m @
1.48% Cu from 56m (0.21 g/t Au, 8.39 g/t Ag & 1,308ppm Mo) within 48m @1.08% Cu from 38m (0.15 g/t Au, 6.18 g/t Ag & 951ppm Mo) - CPG-032.109.77m @
0.77% Cu from 4.23m (0.07 g/t Au, 3.92 g/t Ag & 369ppm Mo), Including 8m @2.57% Cu from 8m (0.30 g/t Au, 18.17 g/t Ag & 1,482ppm Mo) and 14m @ 1.31 % Cu from 72m and 4m @1.36% Cu from 108m (0.06 g/t Au, 4.8 g/t Ag & 919ppm Mo) - CPG-035
Figure 3: Section (Line 2) through the Cowley Park prospect looking 280o (20m Window approximately West) showing only Gladiator drilling and recently returned assay results along the interpreted granodiorite-skarn boundary. Section (Line 2) is marked on Figure 1 for reference.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/236980_363636a9b4010b21_004full.jpg
Section Line 3
Section Line 3 drilling was defined to test for high grade extensions to mineralization within the exoskarn that was believed to extend west of historic drilling, including:
15.85m @
6.37% Cu from 84.43m, Including 12.5m @8.02% Cu from 85.04m - 18-CP-04 (Collared ~60m East Section Line 3) and43.28m @
2.24% Cu from 93.27m, Including 13.72m @5.41% Cu from 109.42m - 19-CP-08 (Collared ~110m East of CPG-047-049)
Initial interpretation had this high-grade mineralization closed off due to hole 19-CP-04 that returned only minor mineralization. Hole CPG-049 (drilled as a twin of 19-CP-04) was designed to test for significant high-grade mineralization that was truncated by historic hole "19-CP-04". This historic hole was, subsequently interpreted to be inconsistent in terms of its mineralization and geology when compared to the surrounding holes and is now believed to be not correctly located (collar data incorrect).
Drilling completed on Section Line 3 (see Figure 4), intersected significant high-grade mineralization over broad widths in CPG-045, CPG-047 and CPG-049 supporting mineralization continuing for at least 220 metres from near surface down dip whilst remaining open at depth, to the west and towards the East (18-CP-04 and 19-CP-08), significant results include:
98m @
1.49% Cu from 103m (0.04 g/t Au, 3.68 g/t Ag & 187 ppm Mo) including 20m @5.53% Cu from 145m (0.07 g/t Au, 11.47 g/t Ag & 229 ppm Mo), or 14m @7.67% Cu from 145m (0.07 g/t Au, 15.16 g/t Ag & 217 ppm Mo)- CPG-04779m @
1.37% Cu from 71m (0.06 g/t Au, 4.38 g/t Ag & 261 ppm Mo) including 26m @3.31% Cu from 88m (0.06 g/t Au, 8.97 g/t Ag & 44 ppm Mo) - CPG-04938m @
1.01% Cu from 96m (0.06 g/t Au, 4.83 g/t Ag & 604 ppm Mo) including 12m @1.73% Cu from 96m (0.10 g/t Au, 7.75 g/t Ag & 1,052 ppm Mo) & 4m @2.50% Cu from 122 m (0.10 g/t Au, 11.15 g/t Ag & 1,051 ppm Mo) - CPG-04520m @
1.22% Cu from 118m (0.03 g/t Au, 5.29 g/t Ag & 317ppm Mo) within 52m @0.73% Cu from 88m (0.04 g/t Au, 4.56 g/t Ag & 255ppm Mo) - CPG-051
Hole CPG-018 (drilled by Gladiator in 2023) intersected minor skarn mineralization over the last 1.6m of the hole (200.1 to 202.69m EOH). With the results of CPG-047, mineralization is now interpreted to remain open at depth, and Gladiator plans to further test the down dip potential of this zone by extending CPG-018 upon the restart of drilling in January 2025.
A further 5 holes (CPG-037, 039 & 042-044) were drilled to the west of Section Line 3 to further test historic drilling, drilling returned:
36m @
1.23% Cu from 49m (0.22 g/t Au, 7.53 g/t Ag & 494 ppm Mo), Including 6m @1.53% Cu from 61m (1.02 g/t Au, 13.10 g/t Ag & 262 ppm Mo) - CPG-03924m @
1.05% Cu from 84m (0.07 g/t Au, 7.02 g/t Ag & 978 ppm Mo) within 32m @0.90% Cu from 82m (0.06 g/t Au, 6.02 g/t Ag & 942 ppm Mo) - CPG-03714m @
0.57% Cu from 55m (0.03 g/t Au, 5.46 g/t Ag & 22 ppm Mo) and 4m @0.52% Cu from 9m (0.03 g/t Au, 4.60 g/t Ag & 1,011 ppm Mo) - CPG-042
These holes confirm Gladiator's belief that copper mineralization including molybdenum, gold and silver at Cowley Park is near surface, is high-grade and remains open along strike and down dip in all directions, meaning significant opportunities exists to expand the potential of Cowley to host a significant resource both within AND outside the area of historic drilling.
Figure 4 Section (Line 3) through the Cowley Park prospect looking 280o (20m Window approximately West) showing only Gladiator drilling and recently returned assay results along the interpreted granodiorite-skarn boundary. Section (Line 3) is marked on Figure 1 for reference.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/236980_363636a9b4010b21_005full.jpg
Section Line 4
Section Line 4 drilling will be enhanced through the application for further drill permits expected to be received in 2025. Optimal targeted drilling was not achieved during this drill period, however broad intervals of mineralization were intersected east of what is believed to be part of the predicted eastern extents of the main mineralized area. Mineralisation remains open to the east with significant intercepts including:
36m @
0.58% Cu from 117m (0.07 g/t Au, 4.03 g/t Ag & 263 ppm Mo) - CPG-05650m @
0.47% Cu from 60m (0.07 g/t Au, 3.31 g/t Ag & 385 ppm Mo) - CPG-058
See Figure 1: Plan map of Cowley Park over LIDAR DTM for the drill collar locations
Exploration Drilling
In addition to the four Section Lines completed by Gladiator, a further 9 holes were completed to test exploration upside within and external to the known mineralized system.
Three holes (CPG-033, 062 & 063) were completed to the east (~350m East of Section Line 3) of the known mineralized system returning encouraging results, including:
22m @
1.02% Cu from 117m (0.10 g/t Au, 11.25 g/t Ag & 319ppm Mo) within 38m @0.84% Cu from 109m (0.08 g/t Au, 8.03 g/t Ag & 253 ppm Mo) - CPG-03310m @
1.04% Cu from 103m (0.22 g/t Au, 8.48 g/t Ag & 1,955 ppm Mo) within 50m @0.54% Cu from 67m (0.07 g/t Au, 4.02 g/t Ag & 557 ppm Mo) - CPG-062
A further hole (CPG-064) was drilled to test a geophysical target south of the known mineralized system, the hole whilst intersecting minor skarn mineralization, returned no significant assays.
Processing of Historic Core
Gladiator is nearing completion of the processing of the available historic drill core for Cowley Park that was inherited on acquisition of the project. The historic core has continued to deliver potential upside, returning significant intercepts including:
23.04m @
1.59% Cu from 74.98m (0.15 g/t Au, 10.28 g/t Ag & 460 ppm Mo) plus 4.88m @3.45% Cu from 81.38m (0.30 g/t Au, 25.45 g/t Ag & 949ppm Mo) & 4.75m @1.91% Cu from 93.27m (0.15 g/t Au, 7.6 g/t Ag & 594 ppm Mo) within 31.09m @1.27% Cu from 71.02m (0.12 g/t Au, 8.34 g/t Ag & 374 ppm Mo) - 18-CP-0613.30m @
2.10% Cu from 48.70m (0.08 g/t Au, 12.06 g/t Ag & 761 ppm Mo) including 8.00m @3.02% Cu from 50m (0.11 g/t Au, 18.30 g/t Ag & 981 ppm Mo) - CP-14240.20m @
1.74% Cu from 32.30m (0.11 g/t Au, 7.57 g/t Ag & 515 ppm Mo) - CP-144
The confirmation of co-product credits, historically never assayed for, offers an opportunity to significantly enhance the economic potential of the deposit.
Hole ID | Depth | East | North | Dip | Azim | Note | From | To | Interval (m) | Cu (%) | Au (g/t) | Ag (g/t) | Mo (ppm) |
CPG-031 | 165.20 | 505,950 | 6,715,424 | -65 | 6 | 31 | 35 | 4 | 1.24 | 0.06 | 11.25 | 18 | |
Plus | 77 | 129 | 52 | 0.74 | 0.09 | 4.07 | 473 | ||||||
Incl. | 87 | 101 | 14 | 1.14 | 0.18 | 6.70 | 924 | ||||||
Incl. | 87 | 95 | 8 | 1.48 | 0.23 | 8.50 | 1,347 | ||||||
CPG-032 | 118.87 | 505,958 | 6,715,448 | -45 | 10 | 38 | 86 | 48 | 1.08 | 0.15 | 6.18 | 951 | |
Incl. | 56 | 86 | 30 | 1.48 | 0.21 | 8.39 | 1,308 | ||||||
CPG-033 | 201.17 | 506,445 | 6,715,183 | -90 | 0 | 109 | 147 | 38 | 0.84 | 0.08 | 8.03 | 253 | |
Incl. | 117 | 139 | 22 | 1.02 | 0.10 | 11.25 | 319 | ||||||
Plus | 172 | 180 | 8 | 0.60 | 0.02 | 1.93 | 197 | ||||||
CPG-034 | 124.97 | 505,948 | 6,715,514 | -45 | 10 | 7 | 21 | 14 | 1.22 | 0.18 | 7.50 | 309 | |
Incl. | 9 | 15 | 6 | 2.42 | 0.35 | 14.8 | 602 | ||||||
CPG-035 | 126.49 | 505,948 | 6,715,514 | -70 | 190 | 4.23 | 114 | 109.77 | 0.77 | 0.07 | 3.92 | 369 | |
Incl. | 8 | 16 | 8 | 2.57 | 0.30 | 18.17 | 1,482 | ||||||
Incl. | 34 | 44 | 10 | 0.92 | 0.09 | 3.72 | 381 | ||||||
Incl. | 72 | 86 | 14 | 1.31 | 0.08 | 4.39 | 305 | ||||||
Incl. | 108 | 112 | 4 | 1.36 | 0.06 | 4.80 | 919 | ||||||
CPG-036 | 179.83 | 505,922 | 6,715,384 | -75 | 10 | 39 | 57 | 18 | 0.33 | 0.03 | 2.89 | 150 | |
Incl. | 39 | 45 | 6 | 0.56 | 0.06 | 5.77 | 405 | ||||||
Plus | 63 | 115 | 52 | 0.55 | 0.05 | 2.27 | 238 | ||||||
Incl. | 69 | 77 | 8 | 1.23 | 0.12 | 5.60 | 161 | ||||||
CPG-037 | 266.70 | 506,084 | 6,715,327 | -60 | 190 | 82 | 114 | 32 | 0.90 | 0.06 | 6.02 | 942 | |
Incl. | 84 | 108 | 24 | 1.05 | 0.07 | 7.02 | 978 | ||||||
CPG-038 | 150.88 | 505,921 | 6,715,387 | -80 | 190 | 89 | 105 | 16 | 0.52 | 0.04 | 3.34 | 273 | |
115 | 123 | 8 | 0.69 | 0.09 | 5.17 | 256 | |||||||
CPG-039 | 144.48 | 506,104 | 6,715,430 | -60 | 10 | 49 | 85 | 36 | 1.23 | 0.22 | 7.53 | 494 | |
Incl. | 61 | 67 | 6 | 1.53 | 1.02 | 13.1 | 262 | ||||||
CPG-040 | 178.31 | 505,924 | 6,715,334 | -50 | 190 | 70 | 72 | 2 | 0.59 | 0.00 | 1.50 | 73 | |
Plus | 96 | 100 | 4 | 0.58 | 0.07 | 3.65 | 390 | ||||||
CPG-041 | 170.38 | 505,910 | 6,715,234 | -50 | 190 | No Significant Assays | |||||||
CPG-042 | 100.58 | 506,111 | 6,715,481 | -60 | 10 | 9 | 13 | 4 | 0.52 | 0.03 | 4.60 | 1,011 | |
55 | 69 | 14 | 0.57 | 0.03 | 5.46 | 22 | |||||||
CPG-043 | 204.22 | 506,090 | 6,715,370 | -90 | 0 | 114 | 122 | 8 | 0.57 | 0.01 | 1.65 | 153 | |
CPG-044 | 217.93 | 506,033 | 6,715,231 | -60 | 190 | 7 | 11 | 4 | 0.78 | 0.01 | 1.85 | 62 | |
CPG-045 | 187.45 | 506,130 | 6,715,342 | -60 | 10 | 96 | 134 | 38 | 1.01 | 0.06 | 4.83 | 604 | |
96 | 108 | 12 | 1.73 | 0.10 | 7.75 | 1,052 | |||||||
122 | 126 | 4 | 2.50 | 0.10 | 11.15 | 1,051 | |||||||
CPG-046 | 160.02 | 505,827 | 6,715,398 | -75 | 10 | 59 | 71 | 12 | 0.44 | 0.06 | 2.90 | 1,038 | |
Plus | 89 | 103 | 14 | 0.63 | 0.07 | 3.61 | 698 | ||||||
CPG-047 | 219.46 | 506,130 | 6,715,342 | -74 | 8 | 103 | 201 | 98 | 1.49 | 0.04 | 3.68 | 187 | |
Incl. | 145 | 165 | 20 | 5.53 | 0.07 | 11.47 | 229 | ||||||
Or | 145 | 159 | 14 | 7.67 | 0.07 | 15.16 | 217 | ||||||
CPG-048 | 150.88 | 505,826 | 6,715,398 | -88 | 10 | 61 | 69 | 8 | 0.58 | 0.09 | 4.88 | 594 | |
85 | 89 | 4 | 0.60 | 0.08 | 3.80 | 607 | |||||||
105 | 121 | 16 | 0.53 | 0.06 | 1.88 | 210 | |||||||
CPG-049 | 198.12 | 506,130 | 6,715,342 | -43 | 8 | 71 | 150 | 79 | 1.37 | 0.06 | 4.38 | 261 | |
Incl. | 88 | 114 | 26 | 3.31 | 0.06 | 8.97 | 44 | ||||||
CPG-050 | 144.78 | 505,826 | 6,715,398 | -80 | 195 | 68 | 70 | 2 | 1.04 | 0.11 | 10.9 | 961 | |
78 | 80 | 2 | 1.05 | 0.25 | 10.8 | 706 | |||||||
CPG-051 | 266.70 | 506,130 | 6,715,351 | -55 | 190 | 88 | 140 | 52 | 0.73 | 0.04 | 4.56 | 255 | |
Incl. | 118 | 138 | 20 | 1.22 | 0.03 | 5.29 | 317 | ||||||
Or | 118 | 122 | 4 | 2.54 | 0.04 | 10.55 | 6 | ||||||
And | 130 | 138 | 8 | 1.26 | 0.04 | 5.75 | 709 | ||||||
CPG-052 | 120.40 | 505,838 | 6,715,502 | -46 | 8 | 41 | 45 | 4 | 0.51 | 0.05 | 2.10 | 71 | |
CPG-053 | 144.78 | 505,811 | 6,715,372 | -59 | 190 | 44 | 48 | 4 | 0.39 | 0.03 | 1.60 | 106 | |
Plus | 84 | 90 | 6 | 0.97 | 0.04 | 3.40 | 136 | ||||||
Incl. | 84 | 88 | 4 | 1.35 | 0.04 | 4.65 | 182 | ||||||
CPG-054 | 204.22 | 506,130 | 6,715,351 | -75 | 190 | 158 | 170 | 12 | 0.52 | 0.02 | 3.63 | 393 | |
CPG-055 | 164.59 | 505,809 | 6,715,397 | -65 | 338 | 79 | 107 | 28 | 0.56 | 0.12 | 3.30 | 956 | |
85 | 93 | 8 | 1.07 | 0.36 | 8.03 | 2,032 | |||||||
CPG-056 | 201.17 | 506,177 | 6,715,333 | -49 | 49 | 117 | 153 | 36 | 0.58 | 0.07 | 4.03 | 263 | |
CPG-057 | 256.04 | 506,222 | 6,715,200 | -48 | 10 | 61 | 89 | 28 | 0.47 | 0.06 | 3.48 | 1,099 | |
109 | 111 | 2 | 1.07 | 0.03 | 5.60 | 38 | |||||||
61 | 77 | 16 | 0.62 | 0.08 | 4.45 | 410 | |||||||
CPG-058 | 256.03 | 506,222 | 6,715,200 | -61 | 11 | 38 | 52 | 14 | 0.44 | 0.03 | 3.84 | 34 | |
60 | 110 | 50 | 0.47 | 0.07 | 3.31 | 385 | |||||||
Incl. | 60 | 80 | 20 | 0.58 | 0.06 | 4.57 | 232 | ||||||
192 | 206 | 14 | 0.25 | 0.02 | 1.37 | 166 | |||||||
CPG-059 | 185.93 | 506,222 | 6,715,200 | -90 | 0 | 123 | 125 | 2 | 0.56 | 0.04 | 4.20 | 1,675 | |
CPG-060 | 58.00 | 506,180 | 6,715,089 | -60 | 190 | Hole Abandoned - Not Assayed | |||||||
CPG-061 | 150.88 | 506,180 | 6,715,089 | -60 | 188 | No Significant Assays | |||||||
CPG-062 | 204.25 | 506,222 | 6,715,200 | -44 | 69 | 67 | 117 | 50 | 0.54 | 0.07 | 4.02 | 557 | |
Incl. | 91 | 95 | 4 | 1.24 | 0.09 | 8.50 | 56 | ||||||
And | 103 | 113 | 10 | 1.04 | 0.22 | 8.48 | 1,955 | ||||||
CPG-063 | 300.23 | 506,542 | 6,715,029 | -48 | 328 | No Significant Assays | |||||||
CPG-064 | 175.26 | 505,802 | 6,714,853 | -45 | 318 | No Significant Assays | |||||||
Historic Core Assaying | |||||||||||||
18-CP-06 | 164.59 | 505,967 | 6,715,346 | -90 | 11 | 44.20 | 47.24 | 3.04 | 0.52 | 0.01 | 6.85 | 4,007 | |
71.02 | 102.11 | 31.09 | 1.27 | 0.12 | 8.34 | 374 | |||||||
Incl. | 74.98 | 98.02 | 23.04 | 1.59 | 0.15 | 10.28 | 460 | ||||||
And | 81.38 | 86.26 | 4.88 | 3.45 | 0.3 | 25.45 | 949 | ||||||
And | 93.27 | 98.02 | 4.75 | 1.91 | 0.15 | 7.6 | 594 | ||||||
121.31 | 125.88 | 4.57 | 0.35 | 0.01 | 1.43 | 40 | |||||||
18-CP-08 | 185.93 | 505,878 | 6,715,458 | -90 | 11 | 9 | 15.06 | 6.06 | 0.99 | 0.11 | 8.65 | 5 | |
106 | 116 | 10 | 0.52 | 0.14 | 3.82 | 138 | |||||||
CP-141 | 86.00 | 505,950 | 6,715,468 | -90 | 11 | 44 | 46 | 2 | 0.99 | 0.03 | 3 | 552 | |
78 | 86 | 8 | 0.60 | 0.1 | 4.03 | 274 | |||||||
CP-142 | 76.20 | 505,895 | 6,715,478 | -50 | 11 | 48.7 | 62 | 13.3 | 2.10 | 0.08 | 12.06 | 761 | |
50 | 58 | 8 | 3.02 | 0.11 | 18.3 | 981 | |||||||
CP-143 | 97.54 | 505,895 | 6,715,478 | -90 | 11 | 63.67 | 67 | 3.33 | 0.44 | 0.01 | 0.84 | 210 | |
89.00 | 97.54 | 8.54 | 0.39 | 0.05 | 1.55 | 105 | |||||||
CP-144 | 76.50 | 505,843 | 6,715,452 | -50 | 11 | 18.00 | 24.38 | 6.38 | 0.72 | 0.03 | 3.58 | 49 | |
32.30 | 72.50 | 40.2 | 1.74 | 0.11 | 7.57 | 515 | |||||||
CP-148 | 54.90 | 506,078 | 6,715,445 | -50 | 11 | 9.67 | 16.00 | 6.33 | 0.53 | 0.04 | 4.78 | 8 | |
38.00 | 41.90 | 3.9 | 0.62 | 0.05 | 3.82 | 450 | |||||||
CP-154 | 96.00 | 505,778 | 6,715,459 | -90 | 11 | 42.00 | 54.00 | 12 | 0.18 | 0.04 | 1.12 | 1,868 | |
66.00 | 72.10 | 6.1 | 0.43 | 0.00 | 1.02 | 304 | |||||||
81.35 | 82.55 | 1.2 | 0.54 | 0.05 | 2.20 | 247 | |||||||
LDN16-02 | 201.17 | 505,738 | 6,715,416 | -45 | 11 | 51.00 | 55.00 | 4 | 0.51 | 0.04 | 5.22 | 81 | |
68.00 | 75.00 | 7 | 0.60 | 0.04 | 2.38 | 36 | |||||||
LDN-2017A2 | 195.07 | 506,131 | 6,715,356 | -75 | 191 | 156.00 | 160.00 | 4 | 0.44 | 0.00 | 3.45 | 3 | |
LDN-2017B | 193.55 | 506,047 | 6,715,308 | -45 | 191 | 72.92 | 76.81 | 3.89 | 7.78 | ||||
89.92 | 90.83 | 0.91 | 0.24 | ||||||||||
Table 1: All drill assay results from recently completed drilling & sampling of historic drill core at Cowley Park. Note that the quoted Intersections are not true width.
QA / QC
Drilling completed by Gladiator is irregularly spaced to test parts of the mineralized systems, holes were directionally surveyed utilising a North Seeking Gyro direction tool. Drill collars are subsequently surveyed utilising a high-accuracy RTK DGPS or DeviSite 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 at least 1 in 25 samples to monitor the Laboratory. Samples are submitted to the ALS Global laboratory (Canada).
As part of the processing and capturing of 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 subject to this release were crushed to
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.
In reference to Drill Hole 19-CP-04, Gladiator considers this hole to be inconsistent with the surrounding holes and will not be utilised by the Company, unless further validation of the hole is possible.
Qualified Person
All scientific and technical information in this news release has been prepared or reviewed and approved by Kell Nielsen, the Company's Vice President Exploration, a "qualified person" as defined by NI 43-101.
ON BEHALF OF THE BOARD
"Jason Bontempo"
Jason Bontempo
Director and CEO
For further information contact:
Olav Langelaar, VP Corporate Development
+1-604-961-6511
olangelaar@gladiatormetals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Certain of the statements and information in this news release constitute "forward-looking statements" 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 events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) that are not statements of historical fact may be forward-looking statements or information.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company's properties; the effect of changes in commodity prices; regulatory risks that development of the Company's material properties will not be acceptable for social, environmental or other reasons; availability of equipment (including drills) and personnel to carry out work programs; and that each stage of work will be completed within expected time frames. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this news release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236980
FAQ
What are the most significant copper intersections reported by GDTRF at Cowley Park?
What were the results from GDTRF's historic core assays at Cowley Park?
What is the significance of the co-product credits in GDTRF's Cowley Park drilling?