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Green Bridge Metals Plans to Complete Current Mineral Resource Estimate Report on the Titac Property in the South Contact Zone, Minnesota
Vancouver, Canada – August 25, 2024 – TheNewswire – Green Bridge Metals Corporation (CNSX: GRBM, OTCQB: GBMCF, FWB: J48, WKN: A3EW4S) ("Green Bridge" or the "Co
About this update from Green Bridge Metals Corporation
[{"type":"text","content":"Vancouver, Canada – August 25, 2024 – TheNewswire – Green Bridge Metals Corporation (CNSX: GRBM, OTCQB: GBMCF, FWB: J48, WKN: A3EW4S) (\"Green Bridge\" or the \"Company\") is pleased to announce plans to complete an Initial Mineral Resource Estimate on the Titac South property at its South Contact Zone group of properties in the Duluth Complex of Minnesota. In 2012 Cardero Resources published a resource of 45M tonnes of 15% TiO21*, based on 22 drill holes for 7,974 meters from the 2010 drill campaign; the Company is treating the estimate as historical in nature and plans to update this historical resource over the next two months. Historical drilling at the Titac South property encountered significant TiO2 mineralization within an Oxidized Ultramafic Intrusion (OUI) which also contains significant copper (Cu) and vanadium (V2O5). However, copper and vanadium were not modeled in this historical resource. The Company plans to evaluate if there is the potential for additional value to be added in the project with additional drilling at the Titac South property. In addition, the Company is evaluating the historical drilling from the Titac North prospect to determine if there is opportunity to increase the resource potential of the Titac property. Table 1 below highlights historical drill intercepts from the Titac South and Titac North prospects. “We are seeing a positive shift in metals prices globally and equities are following suit with some equities on their way back to 52 week highs. At Green Bridge, we have prime leverage to multiple different metals including copper, nickel and titanium. We are compelled to move quickly to daylight the opportunities and advance them rapidly. Plans in the near term to announce a current mineral resource estimate show confidence by our technical team to establish a strong baseline as the Company develops plans to grow resources. We look forward to updating shareholders and the broader market with targeting and drill plans in the near future,” stated David Suda, CEO of Green Bridge Metals. The Company has also identified targets for follow-up exploration to the south of the Titac area based on historical drilling at the Boulder prospect. The Boulder prospect was historically drilled by Phelps Dodge, American Shield, and the Natural Resource Research Institute (NRRI) of the Univer...