The mining newspaper for Alaska and Canada's North

Gladiator resumes drilling at Cowley Park

North of 60 Mining News - August 30, 2024

Plans for 13,000 meters between six targets, allocates 5,000 meters for Cowley.

Gladiator Metals Corp. Aug. 27 announced the restart of drilling at its high-grade Cowley Park copper project in Yukon as part of a fully funded 13,000-meter summer program aimed at both resource expansion and exploration.

Located a stone's throw from the capital of Yukon, the Whitehorse Copper project is a 5,280-hectare (13,294 acres) copper-molybdenum-silver-gold skarn exploration project that spans a significant portion of the historically productive Whitehorse Copper Belt.

In the last few months, Gladiator has significantly advanced exploration at Cowley Park, one of its key targets. The company logged and assayed historical drill cores, revealing previously unreported high-grade copper mineralization, which reinforced confidence in the continuity and scale of mineralization at the site.

Building on this momentum, the company has conducted a drone magnetic survey over the Whitehorse Copper Belt, revealing multiple large-scale magnetic anomalies and identifying significant undrilled exploration targets.

In response, Gladiator expanded its landholdings by staking an additional 54 square kilometers (21 square miles), bringing the total land package to 133 square kilometers (51 square miles). This survey, combined with recent geological modeling, highlighted numerous areas of exploration potential, particularly in the southeastern and northeastern extensions of known mineralization.

The current drilling program at Cowley Park includes both resource expansion and exploration. Primary areas of interest include the southeastern and northeastern extensions, where previous drilling yielded significant results, such as 43.28 meters averaging 2.24% copper, with 13.72 meters at 5.41% copper in the northeastern zone.

The program will also explore sub-parallel trends and western extensions identified through recent mapping, aiming to further expand the known mineralization.

The company reports that depth extensions are a major focus, as mineralization remains open at depth in the deepest intervals drilled so far. One of these, 14.33 meters at 1.22% copper from 130.15 meters, including 5 meters at 2.78% copper, indicates significant potential for deeper copper skarn mineralization.

Gladiator also plans to explore the economic potential of co-products associated with copper mineralization at Cowley Park, including molybdenum, gold, and silver.

Gladiator Metals Corp.

Map of Cowley Park showing planned drill hole collars (teal) and previous drill hole collars (purple).

In addition to the work at Cowley Park, Gladiator recently completed 2,500 meters of drilling at the Little Chief and Arctic Chief prospects, intersecting significant widths of copper-gold mineralization.

Assay results from these drill holes are pending, and the company is optimistic that these results will further substantiate the potential of the Whitehorse Copper Belt.

"We are pleased to have recommenced drilling at Cowley Park with two diamond drill rigs, following the successful completion of our $9 million private placement," said Gladiator CEO Jason Bontempo. "This fully funded phase one drilling campaign is designed to both confirm and expand known high-grade copper skarn mineralization and to test new, high-priority exploration targets. We look forward to updating the market as results become available."

With approximately 5,000 meters of drilling scheduled for Cowley Park within the larger 13,000-meter summer drill program, Gladiator is strategically advancing its most promising targets.

The remaining balance of drilling will include 1,500 meters for the Chiefs Trend, 1,500 meters for Best Chance, and 2,500 meters for the Cub Trend.

This exploration program, bolstered by the recent successes in historical core assaying and geophysical surveying, emphasizes the company's commitment to unlocking the full potential of the Whitehorse Copper Belt.

 

Reader Comments(0)

 
 
Rendered 10/28/2024 06:44