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Gladiator Metals Corp Reports Drilling Results at Cowley Prospect
Gladiator Metals Corp. has announced results from its first 11 holes (1,367 m) at Cowley to support resource delineation under Class 3 permit conditions. Drilling intersected significant high-grade copper-gold-silver-molybdenite skarn in all holes. Drilling at Cowley confirms continuity of near surface, high-grade mineralization, results include: CPG-128D1: 47m @ 1.23% Cu, 0.11g/t Au, 7.03g/t Ag + 560 ppm Mo from 3.0 m, including 28.5m @ 1.86% Cu, 0.17g/t Au, 10.47g/t Ag + 798 ppm Mo from 10.0m, 8.30m @ 4.99% Cu, 0.23g/t Au, 26.66g/t Ag + 1,902 ppm Mo from 12.6m. CPG-122: 47.2m @ 1.78% Cu, 0.12g/t Au, 10.06g/t Ag + 680 ppm Mo from 30m, including 19.80m @ 3.28% Cu, 0.14g/t Au, 17.04g/t Ag + 510 ppm Mo from 47.2m. Significant Molybdenum intersected, highlighting Molybdenum as an important co-contributor in the future with Molybdenum currently trading at over USD 70,000 per tonne. Significant results enhance the shallow high-grade growth scale potential through the Cowley mineralised system. Recently returned assays from Cowley have confirmed the quality of near surface high tenor mineralization that is the focus of ongoing drilling to support resource delineation under Class 3 permit conditions. Results include: CPG-128D1: 47m @ 1.23% Cu, 0.11g/t Au, 7.03g/t Ag + 560 ppm Mo from 3.0 m, including 28.5m @ 1.86% Cu, 0.17g/t Au, 10.47g/t Ag + 798 ppm Mo from 10.0m, 8.30m @ 4.99% Cu, 0.23g/t Au, 26.66g/t Ag + 1,902 ppm Mo from 12.6m. CPG-122: 47.2m @ 1.78% Cu, 0.12g/t Au, 10.06g/t Ag + 680 ppm Mo from 30m, including 19.80m @ 3.28% Cu, 0.14g/t Au, 17.04g/t Ag + 510 ppm Mo from 47.2m. CPG-122D2: 89.80m @ 1.00% Cu, 0.17g/t Au, 5.61g/t Ag + 1,196 ppm Mo from 27.87m, including 8.40m @ 1.66% Cu, 0.29g/t Au, 13.85g/t Ag + 1,925 ppm Mo from 27.87m, 7.75m @ 1.76% Cu, 0.10g/t Au, 4.40g/t Ag + 1,815 ppm Mo from 46.25m, 17.66m @ 1.21% Cu, 0.24 g/t Au, 8.01 g/t Ag + 3,208 ppm Mo from 60m, 14.95m @ 1.49% Cu, 0.25 g/t Au, 7.18 g/t Ag + 673 ppm Mo from 83.2m. CPG-123: 53.26m @ 0.88% Cu, 0.12g/t Au, 5.27g/t Ag + 499 ppm Mo from 16.74 m, including 27.3m @ 1.34% Cu, 0.19g/t Au, 8.04g/t Ag + 770 ppm Mo from 37.6m. CPG-126: 62.5m @ 0.88% Cu, 0.04g/t Au, 2.67g/t Ag + 334 ppm Mo from 37 m, including 12.4m @ 1.94% Cu, 0.12g/t Au, 6.77g/t Ag + 735 ppm Mo from 47.7m. Recent drilling has also returned materially elevated molybdenum values, including 1,196 ppm Mo over 89.8m in CPG-122D2, with higher grade intervals of 1,925 ppm Mo over 8.4m, 1,815 ppm Mo over 7.75m, 3,208 ppm Mo over 17.66m and 1,902 ppm Mo over 8.3m in CPG-128D1. With molybdenum recently reported at approximately USD 70,000 per tonne, these grades highlight the potential for molybdenum to contribute meaningful by-product value to the broader Cowley system. Drilling commenced at Cowley on 20 April. Gladiator had planned to complete at least 8,000 metres of drilling to support resource delineation under Class 3 permit conditions, which allows for greater flexibility and increased drill density both within and beyond the boundaries of the known mineralized system. Using a regularly spaced grid, the program will systematically test mineralized zones and support comprehensive resource definition. The initial priority is to complete step-out, sectional and infill drilling in areas where high-grade mineralisation may be incorporated into future resource models; and assess near-surface high-grade mineralisation for inclusion in future resource models on both the southern and northern limbs of the deposit. This work is intended to maximize the shallow resource potential in areas where drilling directly above the mineralisation has not previously been possible. This is designed to bring mineralization to surface (where outcropping) or near surface under shallow cover (< 10m). Since the resumption of drilling, Gladiator has since completed 29 holes for 4,165 metres, with assay results received for the first 11 holes (CPG-122 to CPG-128D1). Drilling will continue to target high-grade mineralization near surface. Drilling has now been expanded from an original planned 8,000 metres to more than 10,000 metres in total, with a remaining ~3,000 metres to be completed (Phase 1 – North Limb) prior to commencement of drilling on the southern limb (Phase 2, ~3,000 metres). These results are part of Gladiator Metals planned fully permitted and fully funded drill program for 2026. The program will continue to focus on accelerating resource definition at Cowley, rapidly expanding the high-grade Cub East discovery. With a planned fully funded exploration budget of greater than USD 15 million and ~40,000 metres of drilling already planned for 2026, Gladiator is poised to complete a very exciting and positive year focused on the drill bit. Plans are also underfoot and in action to keep rolling out the geophysical "road map" over the broader belt to continue the highly successful return on investment from gravity followed by IP experienced in 2025, with a doubling of the geophysical budget that led to the new discovery at Cub East in 2025 that recently returned: BCG-020: 40m @ 2.01% Cu + 0.72g/t Au + 19.43g/t Ag from 176m including 24m @ 3.03% Cu+ 1.08g/t Au + 28.91g/t Ag from 190m. BCG-023: 35.9m @ 2.68% Cu, 1.35 g/t Au & 19.55g/t Ag from 172.1m including 22m @ 4.24% Cu, 2.16 g/t Au, & 31.04g/t Ag from 172.1m. Combined with these results, plus the addition of the recent discovery at Cub East and the generation of the Great Southern Target south of Cowley, Gladiator expects to maintain a pipeline of high-quality resource opportunities into the future. The Whitehorse Copper Project is an advanced-stage high-grade copper (Cu), molybdenum (Mo), silver (Ag) and gold (Au) skarn exploration project in the Yukon Territory, Canada. Copper mineralization was first discovered in 1897 on the Whitehorse Copper Belt and comprises over 30 copper-related, primarily skarn occurrences covering an area of 35 km long by 5 km wide on the western margin of Whitehorse City, Yukon.