With copper poised for a 2024 bull run, all eyes are on this low-priced Canadian copper play

Dear Reader,

Gladiator Metals Corp. (TSX-V: GLAD)(OTC: GDTRF) — currently trading around C$0.36 per share — has the drills turning on a 10,000-meter program at the Middle Chief prospect at the flagship Whitehorse Copper Project in Yukon Territory, Canada. 

The current program follows a recently completed campaign of 8,000 meters at the Cowley Park prospect, which confirmed the continuity of shallow, copper-molybdenum skarn mineralization over approximately 800 meters.  

The Middle Chief prospect is located just to the north of the past-producing Little Chief Mine, which boasts historical production of over 8 million tonnes grading 1.5% copper and 0.75 grams per tonne gold and is regarded as the largest historically producing mine in the Whitehorse Copper Belt. Little Chief was closed in 1982 due to the low copper prices at that time.

copper map

The current drill program at Middle Chief is being deployed to test for near-surface, high-grade copper skarn mineralization, which remains open in all directions. Importantly, historical assays from the Middle Chief and Little Chief zones tested for copper only; Gladiator will be testing for additional metals credits, including gold, silver, and molybdenum.

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Gladiator Metals CEO Jason Bontempo commented on the current drill program at the Middle Chief prospect, Whitehorse Copper Project, via press release:

“Gladiator has commenced the first diamond drilling campaign at the Middle Chief Prospect since mine closure in 1982. The planned 10,000m diamond drilling is designed to test areas of high-grade copper skarn mineralization identified from its data compilation of historic drilling datasets at the Middle Chief target as well as near mine extensions to the historic Little Chief mine. These targets represent near surface areas of mineralization open in all directions with limited exploration or development away from historical underground infrastructure.”

Additionally, Gladiator is conducting a detailed drone magnetic survey at the Cowley Park prospect (where resource definition drill planning is underway), has advanced permitting underway at the Cub trends, and has announced that the Arctic Chief trend is approved for drilling. 

In other words, plenty of news flow ahead across multiple prospects at Whitehorse as the drills continue to turn at the Middle Chief prospect. 

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With an ever-increasing number of analysts calling for a bullish price environment for copper starting in 2H 2024, our own Gerardo Del Real of Junior Resource Monthly caught up with Gladiator Metals president Marcus Harden for an in-depth discussion on the drilling and exploration programs underway at Whitehorse. Please enjoy! 

For more on Vancouver-based Gladiator Metals Corp., please contact the company’s IR department at info@gladiatormetals.com.

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Yours in profits,

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest

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