TORONTO, ON / December 11, 2023 / Gladiator Metals (TSX.V: GLAD) has reported initial assay results from its 4,000 metre diamond drill program at the Cowley Park prospect located within its Whitehorse Copper project in southern Yukon.
Cowley Park is a past producing mine that was operated as both an open pit mine and then underground operation by Hudbay Minerals (TSX: HBM) between 1967 and 1982.
Significant new drill intercepts reported by Gladiator Metals include:
- 26m @ 1.49% Cu & 368 ppm Mo from 98m including 15m @ 2.36% Cu & 421ppm Mo from 104m and 4m @ 7.75% Cu & 686 ppm Mo from 110m
- 3m @ 2.06% Cu and 1071 ppm Mo from 38m
- 12m @ 1.12% Cu & 605ppm Mo from 105m
- 10m @ 1.23% Cu & 319ppm Mo from 204m
Drill hole CPG-015, which assayed 1.23% copper over 10 metres, represents the first hole in a new discovery zone located 50 metres south of historical drilling at Cowley Park. The company believes that this new discovery represents resource expansion potential and exploration upside.
Gladiator CEO Jason Bontempo stated: “The discovery of a new zone of mineralisation only 50m to the south of the historical drill area in hole CPG-015 highlights the exploration upside at Cowley Park close to existing modelled mineralisation and supports the ongoing drill program targeting further extensions to the south and south-east.”
In addition to high-grade intercepts, the company also reported bulk tonnage, near surface copper-molybdenum mineralized intercepts in drill hole CPG-016, including 0.62% copper over 58 metres. The new potential bulk tonnage mineralization remains open along strike and in all directions.
In total, Gladiator completed 22 drill holes across 4,000 metres during the 2023 exploration program. An additional 13 holes are awaiting results and will be reported in the near future.
The Whitehorse project is an advanced-stage copper (Cu) ± molybdenum (Mo) ± silver (Ag) ± gold (Au) skarn prospect situated in southern Yukon, which is a top-tier mining jurisdiction. The region benefits from excellent nearby infrastructure and year-round access. The project encompasses 314 contiguous claims sprawled over 5,380 hectares (13,294 acres) in the Whitehorse Mining District.
Shares of Gladiator Metals trade on the TSX Venture under the ticker symbol GLAD. For more information visit www.gladiatormetals.com.
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