Gladiator Intersects 14m @ 7.67% Within 98m @ 1.49% Cu Down Dip from 26m @ 3.31% Cu at Cowley Park
Gladiator Metals has announced significant drilling results from its Cowley Park program. Drill hole CPG-047 intersected 98m @ 1.49% Cu from 103m, including 14m @ 7.67% Cu from 145m. This follows previous significant intersections from holes CPG-045 and CPG-049, confirming mineralization continues for over 220 metres down dip. The company completed 34 diamond drill holes totaling 6,104m, with results from 27 additional holes expected in the coming months. The program aims to establish a framework for resource definition and test exploration upside, with mineralization remaining open at depth and along strike.
Gladiator Metals ha annunciato risultati di perforazione significativi dal suo programma Cowley Park. Il foro di perforazione CPG-047 ha intersecato 98m @ 1,49% Cu a partire da 103m, compreso 14m @ 7,67% Cu da 145m. Questo segue intersezioni significative precedenti dai fori CPG-045 e CPG-049, confermando che la mineralizzazione continua per oltre 220 metri in profondità. La società ha completato 34 fori di perforazione a diamante per un totale di 6.104m, con risultati da 27 fori aggiuntivi attesi nei prossimi mesi. Il programma mira a stabilire un quadro per la definizione delle risorse e testare il potenziale esplorativo, con la mineralizzazione che rimane aperta in profondità e lungo la vena.
Gladiator Metals ha anunciado resultados significativos de perforación de su programa Cowley Park. El agujero de perforación CPG-047 intersectó 98m @ 1.49% Cu a partir de 103m, incluyendo 14m @ 7.67% Cu desde 145m. Esto sigue intersecciones significativas previas de los agujeros CPG-045 y CPG-049, confirmando que la mineralización continúa por más de 220 metros en profundidad. La empresa completó 34 agujeros de perforación de diamante totalizando 6,104m, con resultados de 27 agujeros adicionales esperados en los próximos meses. El programa tiene como objetivo establecer un marco para la definición de recursos y probar el potencial exploratorio, con la mineralización permaneciendo abierta a profundidad y a lo largo de la veta.
글래디에이터 메탈스는 카우리 파크 프로그램에서 중대한 채굴 결과를 발표했습니다. 시추 구멍 CPG-047은 103m에서 1.49% Cu의 98m를 교차했으며, 145m에서 7.67% Cu의 14m를 포함합니다. 이는 이전의 CPG-045와 CPG-049 시추 구멍에서의 중대한 교차와 이어지며, 광물화가 220미터 이상 연속으로 존재함을 확인합니다. 회사는 총 6,104m에 해당하는 34개의 다이아몬드 시추 구멍을 완료했으며, 추가 27개의 구멍에서의 결과는 앞으로 몇 달 내에 예상됩니다. 이 프로그램은 자원 정의를 위한 틀을 설정하고 탐사 가능성을 테스트하는 것을 목표로 하며, 깊이와 스트라이크를 따라 광물화가 계속 열려 있습니다.
Gladiator Metals a annoncé des résultats de forage significatifs provenant de son programme Cowley Park. Le trou de forage CPG-047 a intersecté 98m @ 1.49% Cu à partir de 103m, y compris 14m @ 7.67% Cu à partir de 145m. Cela fait suite à des intersections significatives précédentes des trous CPG-045 et CPG-049, confirmant que la minéralisation se poursuit sur plus de 220 mètres en profondeur. La société a complété 34 trous de forage diamant pour un total de 6 104m, avec des résultats de 27 trous supplémentaires attendus dans les mois à venir. Le programme vise à établir un cadre pour la définition des ressources et à tester le potentiel d'exploration, la minéralisation demeurant ouverte en profondeur et le long de la veine.
Gladiator Metals hat bedeutende Bohrergebnisse aus seinem Cowley Park-Programm bekannt gegeben. Der Bohrloch CPG-047 durchteufte 98m @ 1,49% Cu ab 103m, einschließlich 14m @ 7,67% Cu ab 145m. Dies folgt vorherigen signifikanten Durchschneidungen aus den Löchern CPG-045 und CPG-049 und bestätigt, dass die Mineralisierung über mehr als 220 Meter in der Tiefe fortsetzt. Das Unternehmen hat 34 Diamantbohrlöcher mit einer Gesamtzahl von 6.104m abgeschlossen, wobei Ergebnisse von 27 zusätzlichen Löchern in den kommenden Monaten erwartet werden. Das Programm zielt darauf ab, einen Rahmen für die Ressourcenbestimmung zu schaffen und das Erkundungspotential zu testen, wobei die Mineralisierung in der Tiefe und entlang der Ablagerung offen bleibt.
- High-grade copper intersections: 98m @ 1.49% Cu including 14m @ 7.67% Cu
- Mineralization confirmed for over 220 metres down dip
- Mineralization remains open at depth and along strike
- Additional results from 27 drill holes pending
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2024) - Gladiator Metals Corp (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("Gladiator" or the "Company") is pleased to announce further results from its recent Cowley Park drill program targeting the framework for resource definition and exploration upside. Drill hole CPG-047, the final hole completed on Line 3 targeting down dip extensions to high-grade copper skarn mineralization intersected significant mineralization that remains open at depth.
Significant Intercept from CPG-047:
- 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-047
CPG-047 results are down dip from the recently released significant intercepts in holes CPG-045 & CPG-049:
- 79m @
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-049
- 38m @
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
Hole CPG-047 was designed to test for significant high-grade copper and molybdenum mineralization initially believed to be truncated by results in historic drilling1. CPG-047, in addition to CPG-045 & CPG-049 now confirms mineralization continues for over 220 metres down dip on section with mineralization occurring as a wide zone of high-grade mineralization contained within a broader mineralized skarn that is interpreted to be steep to moderately dipping (-70 degrees to the south - Figure 2). The resource potential in this area of Cowley Park remains open at depth and along strike. Assay results from an additional twenty-seven recently completed drill holes will be reported in the coming months.
Gladiator CEO, Jason Bontempo commented: "The broad width and high-grade nature of mineralization in CPG-047 improves our geological understanding of the Cowley Park Mineralization and opens the potential for further discovery of high-grade mineralization both down dip and along strike. One of our immediate priorities in January 2025 will be to re-enter CPG-018 to test for further extensions of this very high-grade copper mineralization."
1 Refer News Release Dated 28th October "Gladiator Intersects 26m @
COWLEY PARK DRILLING
Gladiator completed 34 diamond drill holes (CPG-031 to 064) for 6,104m (Figure 1) at Cowley Park during its late 2024 drilling. This drill program was designed to:
- Confirm and test the continuity of near surface, high-grade copper mineralization along 4 systematic drill fences 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.
CPG-049 (drilled as a twin of 19-CP-04) was designed to test for significant high-grade copper and molybdenum mineralization that was truncated by historic hole "19-CP-04" that was, subsequently interpreted to be inconsistent in terms of its mineralization and geology when compared to the surrounding holes. CPG-049, supported by additional mineralization intersected in CPG-045 and CPG-047 confirms mineralization now continues for at least 220 metres from near surface down dip on Line 3 (Figure 2) and remains open at depth and along strike.
Significant Intercepts from CPG-045, CPG-047 & CPG-049:
- 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-047
- 79m @
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-049
- 38m @
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
These results at CPG-045, CPG-047 & CPG-049 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. Results from the 27 remaining drill holes of this summer's program are expected over the next two months.
Figure 1: Plan map of Cowley Park over LIDAR DTM. Gladiator drill collars colored by sum Cu% x Length (m), historical collars marked. Drill results subject to this release highlighted only
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/230371_fig%201.jpg
Figure 2: Section (Line 3) through the Cowley Park prospect looking 280o (20m Window approximately West) showing all Gladiator drilling and recently returned assay results along the interpreted granite-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/1930/230371_fig%202.jpg
Hole CPG-018 (drilled by Gladiator in 2023) intersected minor skarn mineralization over the last 1.6M (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.
EXPLORATION STRATEGY
The recently completed drilling at Cowley Park (6,104m) formed part of a planned 13,000m, summer drilling campaign targeting high-grade copper skarns throughout the Whitehorse Copper Belt by way of:
1 - Advancing Cowley Park to resource definition and expansion at:
- Cowley Resource Target: Establish initial drilling framework for Inferred Resource drilling at the Cowley Park Prospect.
- Cowley Exploration: Targeting upside potential for further copper-skarn mineralization at Cowley Park.
- Chiefs Trend Resource Target: Highlight further high-grade, near-term Copper resource potential by testing Southern Target area.
2 - Exploration drilling at:
- Best Chance: First drill test of outcropping high-grade, magnetite-copper skarn mineralization and test continuity of mineralization between the Best Chance Target and Arctic Chief Prospect. Gladiator reported on October 15th that it had completed a scout drill program on October 10th with 7 holes for 1,295m of drilling at the Best Chance prospect. Broad widths of mineralized skarn were intersected in holes ACG-007 & ACG-007D2, and assays are pending.
- Arctic Chief: Highlight continuity of high-grade near surface copper and gold mineralization for future resource drilling.
- Cub Trend Exploration: Highlight continuity of high-grade, near surface, copper and gold mineralization for future resource drilling.
Drilling has been complemented by planned geophysical programs including Induced Polarization (ongoing), Electromagnetic and Magnetic surveys to help refine drill targeting in the prospect areas and highlight undiscovered areas of exploration potential.
| Hole ID | Depth | East | North | Dip | Azim | Note | From | To | Interval | Cu | Au | Ag | Mo |
| 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 | ||||||
| Previously Released Results | |||||||||||||
| CPG-045 | 187.45 | 506,130 | 6,715,342 | -60 | 10 | 96 | 134 | 38 | 1.01 | 0.06 | 4.83 | 604 | |
| Incl. | 96 | 108 | 12 | 1.73 | 0.10 | 7.75 | 1,052 | ||||||
| And | 122 | 126 | 4 | 2.50 | 0.10 | 11.15 | 1,050 | ||||||
| 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 | ||||||
Table 1: Recently returned drill assay results from 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:
Caitlin Cheadle, Investor Relations
+1-778-403-5139
ccheadle@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/230371
FAQ
What were the latest drilling results from Gladiator Metals (GDTRF) at Cowley Park?
How many drill holes did Gladiator Metals (GDTRF) complete at Cowley Park in late 2024?
When will Gladiator Metals (GDTRF) receive the remaining drill results from Cowley Park?
