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Gladiator Metals Corp. Announces TSX-V Final Approval for Option Agreement and Officer Changes
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2023) - Gladiator Metals Corp. (TSX...
About this update from Gladiator Metals Corp
[{"type":"text","content":"Gladiator Metals Corp. Announces TSX-V Final Approval for Option Agreement and Officer ChangesVancouver, British Columbia--(Newsfile Corp. - February 13, 2023) - Gladiator Metals Corp. (TSXV: GLAD) (\"Gladiator\" or the \"Company\") is pleased to announce that, further to its news release on November 14, 2022, it has received final approval from the TSX Venture Exchange (the \"TSX-V\") for the Mineral Property Option Agreement (the \"Option Agreement\") dated November 8, 2022 with H. Coyne & Sons Ltd. (the \"Optionor\") whereby the Optionor has granted the Company the right to acquire a 100% legal and beneficial interest in all of the Optionor's title and interest (the \"Option\") in and to 315 contiguous mineral claims located in the Yukon (the \"Whitehorse Copper Project\" or the \"Project\").Trading of the Company's common shares will resume on February 15, 2023. The Whitehorse Copper ProjectProject Highlights:High Grade historical copper production of >10Mt @ 1.5% Cu produced (plus Au/Ag credits) via open pit (1967-1971) and underground (1972-1982).Whitehorse Copper Project includes 30 known prospects within a 35km x 5km area. Shallow, high grade copper results from multiple prospects. Limited systematic drilling away from existing pits. All previous operations and unmined prospects are all open along strike and down dip.Approximately 10,000 metres of unassayed core from exploration drilling to be assayed and logged. Year-round access for work programs, good road and drill access network established, low-cost exploration due to proximity to Whitehorse and strong partnership with the Optionors, and an experienced local drilling service provider.Significant future exploration potential with drilling outside of historic areas of operation including:Cowley Park: Most advanced prospect area with near term resource potential. Mineralization open at depth and along strike (mineralization drilled to max 150m vertical depth only). Gladiator's initial focus will be on defining and extending mineralization at the Cowley Park Copper deposit through diamond drilling. Cowley Park had reached feasibility stage before operations in the belt were shut down in 1982 and remains open along strike and down dip.Historic drill hole intercepts include:CP-125: 18.44m @ 4.42% Cu, from 56.39m downhole and 1.41% Cu from 87.84m downholeCP-144: 38...