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Green Bridge Metals Outlines Strategic Plan for the Titac Deposit
Vancouver, Canada – October 10, 2024 – TheNewswire – Green Bridge Metals Corporation (CSE: GRBM) ("Green Bridge" or the "Company") is pleased to announce a stra
About this update from Green Bridge Metals Corporation
[{"type":"text","content":"Vancouver, Canada – October 10, 2024 – TheNewswire – Green Bridge Metals Corporation (CSE: GRBM) (\"Green Bridge\" or the \"Company\") is pleased to announce a strategic plan to expand and maximize value of the inferred Mineral Resource Estimate (MRE) of 45.1 million tonnes at 15% TiO2 at the Titac South deposit. Based on the updated MRE at Titac South, the Company plans to work toward expanding the resource at the Titac property by expansion drilling at Titac South (Figure 1) and through validating the historical drilling at the Titac North prospect. Titac North is located approximately 500 meters north of the current resource where TiO2 mineralization intersected in drilling from 2010 demonstrates significant resource expansion potential. Green Bridge is planning on executing these resource expansion drilling programs with the goal of updating the current MRE in Q4 2025. In addition, the Company has exploration plans to drill the Titac East area, which the Company views to have geologic potential similar to Titac South and North (Figure 2). Drill targets will be defined based on the results of an upcoming VTEM airborne geophysical survey scheduled to commence in late November. A Message from David Suda, CEO of Green Bridge Metals “Based on the current MRE at Titac South, the Company sees an exceptional value proposition with the confirmed rare combination of titanium, copper, and vanadium mineralization found at Titac. We believe that the expansion potential in the immediate area is significant and recent advances in metallurgical processing demonstrate potential economic viability. The Company plans to aggressively expand the resource and conduct advanced metallurgical work moving toward preliminary economic studies.” Key Technical Points: The inferred mineral resource for the South Titac area includes 46.6 million tonnes of mineralized rock at 15% titanium dioxide (TiO) that is mostly comprised of ilmenite mineralization. Based on an average grade of 28.5% ilmenite (FeTiO), there are 13.3 million tonnes of ilmenite delineated with an average value of $350 (US) per tonne, demonstrating the potential to create significant value at the Titac South deposit. (Dufresne et. al., Table 14.3, TiOPro https://tio2.pro/index.php/2024/08/02/2146-6/ accessed on October 4, 2024) Significant copper and vanadiu...