Gladiator Extends Cowley Park Geological Model to Include Additional High-Grade Copper Mineralization

Rhea-AI Summary

Gladiator Metals has announced new assay results from historical drill cores at the Cowley Park prospect, part of the Whitehorse Copper Project. The results confirm high-grade copper skarn mineralization and extend the geological model for Cowley Park.

Key findings include:

• 19-CP-14: 10.3m at 1.92% Cu and 1,459ppm Mo from 131.7m
• CP-149: 10m at 1.07% Cu from 49m (within: 24m at 0.63% Cu from 35m)
• CP-159: 8m at 1.02% Cu from 105m

The results indicate significant exploration potential in multiple directions, including southeastern, northeastern, sub-parallel trends, western, and depth extensions. Gladiator's CEO, Jason Bontempo, emphasized the importance of these findings in defining the continuity and scale of the mineralization, as well as the potential for new areas of exploration.

Positive

• Assay results confirm high-grade copper skarn mineralization.
• New findings extend the known mineralized system over 100m to the east.
• Mineralization remains open in multiple directions, suggesting significant exploration potential.
• Results from CP-159 indicate the most south-easterly intercept of copper skarn mineralization to date.
• Findings support the continuity and scale of high-grade copper mineralization at Cowley Park.

Negative

• Historical drill results may not conform to current industry standards.
• Further drilling needed to confirm the reliability of historical data.
• Accuracy of the stated drill collar location and depths may be questionable.
• QA/QC of historical data may not meet current required standards.

• 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<

FAQ

What are Gladiator's latest assay results at Cowley Park?

The latest assay results include 10.3m at 1.92% Cu and 1,459ppm Mo from 131.7m in 19-CP-14, 10m at 1.07% Cu from 49m in CP-149, and 8m at 1.02% Cu from 105m in CP-159.

What does the new data mean for the Cowley Park prospect?

The new data extends the known mineralized system over 100m to the east and highlights multiple new areas for exploration, indicating significant potential for further high-grade copper discoveries.

How reliable are the historical drill results at Cowley Park?

While the historical drill results provide a useful guide for future exploration, they may not conform to current industry standards, and further drilling is needed to confirm their reliability.

What are the future exploration plans for Cowley Park?

Future exploration will focus on the areas with significant exploration potential identified by the new data, including southeastern, northeastern, sub-parallel trends, western, and depth extensions.

What is the impact of the new assay results on GDTRF stock?

The new assay results, which confirm high-grade copper mineralization and indicate significant exploration potential, are likely to positively impact GDTRF stock by enhancing investor confidence in the project's prospects.