Gladiator Metals 24,000 Meter Drill Program Targets Maiden Resource for Yukon Copper Project
(TheNewswire)
Vancouver, BC, February 12, 2025 –TheNews w ire – GlobalStocks News – Sponsored content disseminated on behalf of GladiatorMetals. Gladiator Metals Corp. (TSX-V: GLAD) (OTC: GDTRF) (FSE:ZX7) is rediscovering the long-forgottenWhitehorse Copper Belt, lying dormant for nearly 40 years.
After a successful 2024 drill program confirmed thatthe high-grade copper deposit remains open in all directions, GLADwill begin drilling its Whitehorse CopperProject to determine its true sizepotential
An aggressive 24,000m drill program budgeted for 2025will seek to expand the current known deposit and Gladiator will begin work on a maiden resource for itshigh-grade copper prospect Cowley Park.
? The White Horse Copper Project hosted apast-producing underground and open pit mine from 1967-1982, employingover 200 Yukoners. They extracted 10.5 million tons at around 1.5%copper and almost a gram per ton of gold. The mine was shut down in1982 when the copper price fell from $1.04 to $0.68/lb. in the wake ofthe oil crisis.
“We picked up this project almost 2 years ago,”Gladiator President Marcus Harden told Guy Bennett, the CEO of GlobalStocks News (GSN). “It's been a forensic exercise, compiling andunderstanding the historical data. We found advanced targets drilledby Hud Bay, sometimes down to 12 X 12-meter spacing. We tested newarea, and now have numerous advanced resource-readyprospects.”
“We have confirmed that Cowley Park has the potentialto be a real, sizeable, near-surface high-grade copper deposit,”added Harden. “ The 19,000-meter Phase 1 &Phase 2 drill program we have planned for 2025 is going to give us amuch clearer picture of the size potential of this project.
Phase 1 drilling (10,000 meters planned) at the advanced high-grade copperprospect Cowley Park will focus on:
Targeting the strike and down dip extensions to thehigh-grade exoskarn identified in the 2024 drill program at CowleyPark.
Resource definition; and
Expanding the Cowley Park footprint.
Phase 2 drilling (9,000 meters planned) at C owley Parkwill be scheduled and planned for the second half of 2025 and willfocus on delivering a maiden resource as soon as possible.
Recent drilling and geophysical programs have led to anexpanded interpretation of the geological model used to explore CowleyPark.
The new model supports a significant enlargement of theexploration potential of Cowley Park.
Three newly identified geophysical anomalies will bedrill-tested as part of the 2025 drill program.
Figure 3: Plan map of Cowley Parkover drone magnetics, LIDAR and DTM. Gladiator drill collars colouredby sum Cu% x Length (m); historical collars marked as non-Gladiatordrilling.
“In 2024 we successfully extended high-grademineralization along strike and at depth and identified three new,highly prospective geophysical targets which promise to significantlyexpand the known extents of Cowley Park if successful,” statedGladiator CEO, Jason Bontempo .
“ This workconfirmed our belief that Cowley Park will deliver a materialcornerstone high-grade copper resource inventory within our 35-kilometer-long WhitehorseCopper Project , where we are targeting over 100million tonnes of high-grade copper resources along thebelt.”
“We are excited to commence our 2025 phase 1 drillcampaign at Cowley Park,” added Bontempo. “With a treasury exceeding $18million , we are well-funded to complete anaggressive drill program on and around Cowley Park to assess its truesize potential with the objective of delivering a maiden resource as soon aspossible , as well as follow-up on the otherWhitehorse Copper Project exploration targets.”
Recent drilling and geophysical results have caused theGladiator geologists to re-interpret the geological model used toexplore Cowley Park. The new model supports a significantly enlarged explorationpotential of Cowley Park .
The 2024 drill program has confirmed Gladiator’sbelief that mineralization is now open at depth and along strike andis not constrained as implied by the previous model.
GLAD has found a high-grade core (see below image) withspectacular grades in an area that was previously believed to bebarren/truncated.
Figure 2 Section (Line 3) through the Cowley Park prospect looking280o (20m Window approximately West) showing only Gladiator drillingand recently returned assay results along the interpretedgranodiorite-skarn boundary.
On December 16, 2024, Gladiator announced drill results from its maiden drill program on the two-kilometer “ArcticChief Trend”, one of 30 identified exploration targets within theCompany’s 35-kilometer-long Whitehorse Copper Project.
Gladiator completed 13 holes (2,441 meters) drilled onnew targets including 6 holes at the Arctic Chief prospect and 7 drillholes at the Best Chance prospect.
“The discovery of previously unrecognized, broad widths ofmineralization at two separate prospectshighlights the lack of systematic exploration coverage across our35-kilometer-long Whitehorse Copper Project,” stated Bontempo.“This early success indicates the potential of the district now thatit is being targeted by a well-funded, dedicated technical team forthe first time since mine closure in the 1980s.”
“Our fully funded 2025 exploration program willinclude follow-up drilling designed to target higher grade mineralizedzones within the broader envelope of lower grade copper-skarnmineralization,” added Bontempo.
“ In October2024, Gladiator announced that they have entered into a Capacity Funding Agreement with the Kwanlin Dun First Nation(KDFN) for the initial phase of permittingand undertaking ongoing exploration activities within KDFN’straditional territory in connection with GM’s Whitehorse CopperProject.
“The Capacity Funding allows KDFN to supplement theirexisting in-house expertise with outside experts to review andcritique our plans,” explained Olav Langelaar, Gladiator VPCorporate Development. “We are currently consulting with KDFN beforesubmitting permit applications, making sure that they are fully in theloop and onside before we progress.”
“We look forward to continuing to work with GladiatorMetals through KDFN’s meaningful engagement in the ongoingpermitting and exploration phase of the project,” stated KDFN ChiefSean Uyenets’ech?a Smith.
The KDFN is combining environmental stewardship withambitious business objectives, including the expansion of the Sky High WildernessRanch and a strategic portfolio development fund .
“ I’mextremely pleased and proud that we are now formally engaged with KDFNto outline the process of working together towards a Benefits,Cooperation and Foundation agreement for a long-term, mutuallybeneficial partnership during the explorationphase of the Whitehorse Copper Project in a manner respectful of theKDFN’s rights and interests, including all environmentalprotections,” stated Bontempo.
In conjunction with its partnership with the KDFN,Gladiator is expanding its community outreach initiatives toinclude:
Organization of multiple public events such ascommunity appreciation barbecues, open houses.
Educational tours of the Whitehorse Copper Project forfamilies and students.
Participation in and support of Every Student, EveryDay, to foster student attendance in Yukon schools, Yukon Geoscienceand Women in Mining Family Day.
Sponsorship of recreational teams including Lights OutBasketball, Sub Zero Volleyball, Glacier Bears Swim Club, andIndigenous Sports Circle.
Financial support and ongoing patronage of businessesthat promote social inclusion and training opportunities such as CoreBox Yukon, where attendees develop new skills andcompetencies.
Development of prototype and pre-production ofbiodegradable cloth bags to ecologically improve sampling methods usedin mineral exploration in the Yukon.
Environmental remediation of the WCP site, whichincludes the removal of derelict vehicles and decades of accumulatedgarbage.
A 2015 report by the Prospectors &Developers Association of Canada estimatedNorthern Canada remote drilling costs (projects > 50 km from thesupply route) to be $460/meter. With inflation running hot, the 2025cost is projected to be significantly higher, up to$1,000/meter.
Gladiator’s project is a 20-minute drive fromWhitehorse, Yukon (pop. 30,000). An assay lab is situated at the edgeof GLAD’s tenements. It takes 30 minutes to mobilize a drill rigto the site. There is no need for a work camp. Geologists and drillcrews typically sleep in their own beds in Whitehorse at night.
“We budgeted $300/meter for the 2024 drill program atCowley,” Harden told GSN. “The costs came in lower, at $260/meter,which includes labour, rig and assays. Our proximity to drill rigs,machinery and skilled labour allows us to drill more meters within afixed budget.”
All scientific and technical information in this newsrelease 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.
Contact: guy.bennett@globalstocksnews.com
Disclaimer: Gladiator Metals paid Global Stocks News(GSN) $1,750 for the research, writing and dissemination of thiscontent.
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