Yukon Territory Mining

[Lone Clone]

Gladiator Announces Middle Chief Prospect Initial Drill Results

https://www.newsfilecorp.com/release/200438

March 05, 2024 9:04 AM EST | Source: Gladiator Metals Corp.

Highlights

Initial assays have been received for 6 holes for 2162m of drilling at the Middle Chief Prospect within the Chief's Trend of a planned 10,000 m's of drilling at the Chief's Trend.

Assay results returned significant copper and gold mineralisation, including:

LCG-001D1: 22m @ 1.41% Cu and 0.28 g/t Au from 208m;

LCG-001: 16m @ 1.29% Cu and 0.61 g/t Au from 249m and 6m @ 1.56 % Cu and 1.06 g/t Au from 213m;

LCG-001D2: 10m @ 1.35% Cu and 0.51g/t Au from 196m, 10m @ 0.83% Cu and 0.19 g/t Au from 62m and 4m @ 1.03 Cu and 0.19 g/t Au from 84m; and

LCG-003: Recovered core @ 2.71% Cu and 1.39 g/t Au within a 13.75m mineralised zone from 256m to end of hole (approximately 270m) that failed in 0.25m @ 2.76% Cu and 0.28 g/t Au.

The above drilling has intersected mineralization approximately 150-180m vertical depth from surface. Gladiator will now move to target the up-dip extent of the mineralization.

Drilling has recently moved to test the Big Chief Prospect, 200m to the north-west of Middle Chief, with two holes recently collared into magnetite altered skarn mineralisation (assays pending).

Ongoing drilling is planned to test high grade copper skarn mineralization at Big Chief and Middle Chief within the Chief's that remains open in all directions.

Gladiator CEO, Jason Bontempo commented:

"Gladiator has received initial assays from its ongoing, 10,000m diamond drill program at the Middle Chief prospect area. These results confirm and support the significant widths of high-grade copper skarn mineralisation identified from Gladiators data compilation of historical datasets at Middle Chief and point to further extensions of the defined mineralised bodies. Mineralisation remains open in all directions with some holes finishing in high grade copper-gold mineralisation.

The significant gold assays coincident with high grade copper mineralisation identified in these initial assay results point to the significant upside potential of the Middle Chief prospect area with the historic drilling only assaying for copper."

Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7)