Gladiator to Resume Drilling at Cowley Park
Gladiator Metals Corp (GDTRF) announces plans to resume drilling at Cowley Park in early February 2025. The program includes a Phase 1 (10,000m) focusing on extending high-grade copper deposits and resource definition, followed by a Phase 2 (9,000m) in H2 2025 aimed at delivering a maiden resource.
Recent drilling results showed significant intersections including 98m @ 1.49% Cu from CPG-047, 79m @ 1.37% Cu from CPG-049, and 38m @ 1.01% Cu from CPG-045. New geological modeling, supported by geophysical programs, has identified a NNE dextral fault displacing mineralization, potentially expanding Cowley Park's exploration potential.
With a treasury exceeding $18M, Gladiator is well-funded to complete its aggressive drill program, targeting over 100mt of high-grade copper resources along the 35km Whitehorse Copper Belt Project.
Gladiator Metals Corp (GDTRF) annuncia piani per riprendere i lavori di perforazione a Cowley Park all'inizio di febbraio 2025. Il programma include una Fase 1 (10.000m) focalizzata sull'estensione dei depositi di rame ad alta legge e sulla definizione delle risorse, seguita da una Fase 2 (9.000m) nella seconda metà del 2025, con l'obiettivo di fornire una risorsa iniziale.
I recenti risultati di perforazione hanno mostrato intersezioni significative, tra cui 98m @ 1,49% Cu da CPG-047, 79m @ 1,37% Cu da CPG-049 e 38m @ 1,01% Cu da CPG-045. La nuova modellazione geologica, supportata da programmi geofisici, ha identificato una faglia dextrale NNE che sposta la mineralizzazione, espandendo potenzialmente il potenziale esplorativo di Cowley Park.
Con un tesoretto superiore ai 18 milioni di dollari, Gladiator è ben finanziata per completare il suo programma di perforazione aggressivo, mirando a oltre 100mt di risorse di rame ad alta legge lungo il progetto Whitehorse Copper Belt di 35 km.
Gladiator Metals Corp (GDTRF) anuncia planes para reanudar la perforación en Cowley Park a principios de febrero de 2025. El programa incluye una Fase 1 (10,000m) centrada en extender depósitos de cobre de alta ley y la definición de recursos, seguida de una Fase 2 (9,000m) en el segundo semestre de 2025 con el objetivo de entregar un recurso inicial.
Los resultados recientes de perforación mostraron intersecciones significativas, incluyendo 98m @ 1.49% Cu de CPG-047, 79m @ 1.37% Cu de CPG-049 y 38m @ 1.01% Cu de CPG-045. La nueva modelización geológica, apoyada por programas geofísicos, ha identificado una falla dextral NNE que desplaza la mineralización, lo que podría expandir el potencial de exploración de Cowley Park.
Con un tesoro que supera los $18 millones, Gladiator está bien financiada para completar su programa de perforación agresivo, apuntando a más de 100mt de recursos de cobre de alta ley a lo largo del proyecto Whitehorse Copper Belt de 35 km.
Gladiator Metals Corp (GDTRF)는 2025년 2월 초에 Cowley Park에서 채굴 작업을 재개할 계획을 발표했습니다. 이 프로그램에는 고품질 구리 매장량을 확장하고 자원 정의에 집중하는 1단계 (10,000m)가 포함되며, 이어서 2025년 하반기에는 첫 번째 자원을 제공하는 것을 목표로 하는 2단계 (9,000m)가 진행됩니다.
최근 채굴 결과는 CPG-047에서 98m @ 1.49% Cu, CPG-049에서 79m @ 1.37% Cu, CPG-045에서 38m @ 1.01% Cu를 포함한 중요한 교차점을 보여주었습니다. 새로운 지질 모델링은 지구 물리학 프로그램에 의해 지원되어 광물화를 이동하는 NNE 방향의 우측 단층을 식별했으며, 이는 Cowley Park의 탐사 잠재력을 확장할 수 있습니다.
1,800만 달러를 초과하는 자금을 보유한 Gladiator는 35km 규모의 화이트호스 구리 벨트 프로젝트를 따라 1억 톤 이상의 고품질 구리 자원을 목표로 하는 공격적인 드릴 프로그램을 완료할 수 있는 충분한 자금을 확보하고 있습니다.
Gladiator Metals Corp (GDTRF) annonce des plans pour reprendre le forage à Cowley Park début février 2025. Le programme comprend une Phase 1 (10 000m) axée sur l'extension des dépôts de cuivre de haute qualité et la définition des ressources, suivie d'une Phase 2 (9 000m) au deuxième semestre de 2025 visant à fournir une première ressource.
Les résultats récents de forage ont montré des intersections significatives, y compris 98m @ 1,49 % Cu de CPG-047, 79m @ 1,37 % Cu de CPG-049 et 38m @ 1,01 % Cu de CPG-045. Une nouvelle modélisation géologique, soutenue par des programmes géophysiques, a identifié une faille dextre NNE déplaçant la minéralisation, ce qui pourrait potentiellement étendre le potentiel d'exploration de Cowley Park.
Avec un trésor dépassant 18 millions de dollars, Gladiator est bien financé pour compléter son programme de forage agressif, visant plus de 100 millions de tonnes de ressources en cuivre de haute qualité le long du projet Whitehorse Copper Belt de 35 km.
Gladiator Metals Corp (GDTRF) gibt bekannt, dass sie im frühen Februar 2025 mit den Bohrungen in Cowley Park fortfahren wird. Das Programm umfasst eine Phase 1 (10.000m), die sich auf die Erweiterung von hochwertigen Kupfervorkommen und die Ressourcendefinition konzentriert, gefolgt von einer Phase 2 (9.000m) in der zweiten Hälfte von 2025, die darauf abzielt, eine Erstressourse zu liefern.
Die aktuellen Bohrergebnisse zeigten signifikante Durchörterungen, darunter 98m @ 1,49% Cu aus CPG-047, 79m @ 1,37% Cu aus CPG-049 und 38m @ 1,01% Cu aus CPG-045. Neue geologische Modellierungen, unterstützt durch geophysikalische Programme, haben einen NNE-rechtsverschobenen Fehler identifiziert, der die Mineralisierung verschiebt und möglicherweise das Erkundungspotenzial von Cowley Park erweitert.
Mit einem Kapital von über 18 Millionen Dollar ist Gladiator gut finanziert, um sein aggressives Bohrprogramm abzuschließen, das darauf abzielt, über 100 Millionen Tonnen hochwertige Kupferressourcen entlang des 35 km langen Whitehorse Copper Belt Projekts zu erschließen.
- Strong drilling results with high-grade copper intersections (98m @ 1.49% Cu)
- Substantial treasury of over $18M to fund exploration
- Expanded exploration potential through new geological model identification
- Well-defined two-phase drilling program totaling 19,000m
- None.
SUMMARY
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2025) - Gladiator Metals Corp (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("Gladiator" or the "Company") announces plans to resume drilling at Cowley Park in early February 2025 within its Whitehorse Copper Project.
Phase 1 drilling at the advanced high-grade copper prospect Cowley Park (10,000m planned) will focus on:
Targeting the strike and down dip extensions to the high grade exoskarn identified in the 2024 drill program at Cowley Park;
Resource definition; and
Expanding the Cowley Park footprint.
Phase 2 drilling at Cowley Park (9,000m planned) will be scheduled and planned for the second half of 2025 and will focus on delivering a maiden resource as soon as possible.
Recent drilling and geophysical programs, including induced polarization (ongoing) and drone borne aeromagnetics has led to an expanded and enlarged re-interpretation of the geological model used to explore Cowley Park.
The new model supports the existence of an offsetting NNE dextral fault displacing mineralization thereby significantly enlarging the exploration potential of Cowley Park.
Three newly identified geophysical anomalies will be drill tested as part of the 2025 drill program.
Gladiator CEO, Jason Bontempo, commented: "In 2024 we successfully extended high-grade mineralization along strike and at depth and identified three new, highly prospective geophysical targets which promise to significantly expand the known extents of Cowley Park if successful. This work confirmed our belief that Cowley Park will deliver a material cornerstone high-grade copper resource inventory within our 35km long Whitehorse Copper Belt Project, where we are initially targeting over 100mt of high-grade copper resources along the belt.
We are excited to commence our 2025 phase 1 drill campaign at Cowley Park. With a treasury exceeding
Resumption of Drilling
Drilling is planned to resume in early February, initially targeting the strike and down dip extensions to the high grade exoskarn intersected in recent drilling (Figures 1 and 2) that returned significant high-grade mineralization over broad widths in CPG-045, CPG-047 and CPG-049. These holes support mineralization continuing for at least 220 metres from near surface down dip whilst remaining open at depth, to the west and towards the east. Significant results from Gladiator's 2024 drill program include:
CPG-047 - 98m @
1.49% Cu, 0.04 g/t Au, 3.68 g/t Ag & 187 ppm Mo from 103m including 20m @5.53% Cu, 0.07 g/t Au, 11.47 g/t Ag & 229 ppm Mo from 145m, including 14m @7.67% Cu, 0.07 g/t Au, 15.16 g/t Ag & 217 ppm Mo from 145mCPG-049 - 79m @
1.37% Cu, 0.06 g/t Au, 4.38 g/t Ag & 261 ppm Mo from 71m including 26m @3.31% Cu, 0.06 g/t Au, 8.97 g/t Ag & 44 ppm Mo from 88mCPG-045 - 38m @
1.01% Cu, 0.06 g/t Au, 4.83 g/t Ag & 604 ppm Mo from 96m including 12m @1.73% Cu, 0.10 g/t Au, 7.75 g/t Ag & 1,052 ppm Mo from 96m & 4m @2.50% Cu, 0.10 g/t Au, 11.15 g/t Ag & 1,051 ppm Mo from 122m
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 believed to remain open at depth. Gladiator plans to further test the down dip potential of this zone by extending CPG-018 along with drilling further holes along strike upon the restart of drilling in February 2025.
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/1930/238047_6ef71813c4598a5b_002full.jpg
Figure 2 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.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/238047_6ef71813c4598a5b_003full.jpg
Geological Modelling
Recent drilling and geophysical programs, including induced polarization (ongoing) and drone borne aeromagnetics has led to the re-interpretation of the geological model used to explore Cowley Park. The new model supports the existence of an offsetting NNE dextral fault displacing mineralization significantly enlarging the exploration potential of Cowley Park.
Identification of the fault has opened the possibility to extensive exploration potential along strike of known mineralization and has identified a further three untested magnetic responses proximal to known mineralization and the emplaced granodiorite (intrusive) hosting the Cowley Park prospect (see Figure 3).
The Company believes the previous geological interpretation prematurely constrained the strike extents of the known high grade exoskarn mineralization. The 2024 drill program has confirmed the Company's belief that mineralization associated with the higher-grade exoskarn is now open at depth and along strike and is not constrained as implied by the previous model.
Figure 3: Plan map of Cowley Park over drone magnetics, LIDAR and DTM. Gladiator drill collars colored by sum Cu% x Length (m); historical collars marked as non-Gladiator drilling.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/238047_6ef71813c4598a5b_004full.jpg
Mineralization within the exoskarn is now interpreted to be occurring as a wide zone of high-grade mineralization contained within a broader mineralized skarn that is steep to moderately dipping (approximately -70 degrees to the south), rather than flattening at depth and returning to the near surface in the south (previously described as "The Bowl" Interpretation). The new geological model supports that:
The two main existing lodes (Northern & Southern) are now thought to be separated by a large regional lateral (dextral) off-setting fault that is of a similar orientation to that found at the Little Chief Mine. This implies that previous drilling was unable to detect the projected lodes across the fault, specifically the southern lode on the western side of the fault where the emplacement of the granodiorite is dominant.
Mineralization appears to be associated with the gradient (from low to high) of the magnetic response proximal to the intrusive system (granodiorite), implying that significant untested exploration potential exists to the north and south of the emplaced granodiorite.
The new interpretation of the intrusive contact suggests the system remains open along strike, as drilling completed to date has not yet fully tested the strike extents of the magnetic gradients. The Company believes known higher grade exoskarn style mineralization that occurs proximal to the contact, including to the northwest and east of the "Northern Lode" and to the east of the "Southern Lode" could be extended further east.
Magnetics has also identified similar untested anomalies (Figure 3) proximal or along strike to identified mineralization surrounding the emplaced granodiorite at Cowley Park. Drill planning to test these anomalies in 2025 is underway.
Mineralization within the endoskarn is now interpreted as being defined by brittle deformation proximal to the endoskarn-exoskarn contact and is moderately to steeply dipping (to the south) localised to the contact.
QA / QC
For the relevant discussion on QA/QC and tabled details for the quoted intersections included in this release, refer to Gladiator's News Release dated January 14, 2025 "Gladiator Drills 36m of
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/238047
FAQ
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