Gladiator Intersects 40.0m @ 1.98% Cu, 0.31 g/t Au, 13.29 g/t Ag & 920 ppm Mo Adding Broad High-Grade Copper and Molybdenum at Cowley

Gladiator Metals Corp. (GLAD) reported assay results from 28 holes totaling 4,218 meters at the Cowley prospect, part of its Whitehorse Copper Project in Yukon. The drilling was conducted under a Class 3 permit for resource delineation.

The headline intercept came from hole CPG-158, which returned 49 meters at 1.72% copper, 0.27 grams per tonne gold, 11.44 grams per tonne silver, and 800 parts per million molybdenum from a depth of 74.0 meters. This interval included 40 meters at 1.98% copper, 0.31 grams per tonne gold, 13.29 grams per tonne silver, and 920 parts per million molybdenum from 76.0 meters.

Other reported intercepts include: * CPG-129D1: 55.5 m @ 1.10% Cu, 0.08 g/t Au, 3.66 g/t Ag and 668 ppm Mo from 87.5 m, including 18.1 m @ 1.97% Cu, 0.19 g/t Au, 7.34 g/t Ag and 1,172 ppm Mo. * CPG-153: 72.8 m @ 0.62% Cu, 0.07 g/t Au, 4.44 g/t Ag and 1,018 ppm Mo from 57.2 m, including 29.5 m @ 0.99% Cu and 1,302 ppm Mo, and including 23.4 m @ 1.16% Cu and 1,226 ppm Mo. * CPG-130: 20.0 m @ 1.37% Cu from 71.0 m, plus a separate 9.1 m @ 1.23% Cu from 150.9 m. * CPG-143: 20.5 m @ 1.33% Cu from 61.5 m. * CPG-131: 47.5 m @ 0.52% Cu, including 8.0 m @ 1.11% Cu, and 14.0 m @ 0.12% Cu with 1,488 ppm Mo, and 6.0 m @ 1.06% Cu. * CPG-133: 44.8 m @ 0.56% Cu, including 11.1 m @ 1.40% Cu. * CPG-134: 31.0 m @ 0.46% Cu from 5.0 m. * CPG-144: 33.0 m @ 0.74% Cu from 176.0 m. * CPG-151: 35.0 m @ 0.43% Cu, including 22.1 m @ 0.62% Cu and 6.0 m @ 0.93% Cu with 2,259 ppm Mo.

The company noted that quoted intersections represent interval widths rather than true widths, stating that true-width estimation is unreliable due to complex skarn geometry. Assays remain pending for holes CPG-152, CPG-154, CPG-155, CPG-156, and CPG-157, while CPG-158 is noted as having partial assays.

Gladiator has expanded Cowley drilling from 8,000 meters to more than 14,000 meters and plans to deploy a second rig for infill drilling on the Southern Limb. Management continues to target a maiden NI 43-101 inferred resource for Cowley in 2026. The release highlighted molybdenum as a potential value credit, citing molybdenum trading above US$70,000 per tonne, but provided no recovery, payability, or CuEq formula.

Gladiator Metals Corp. (GLAD) released drill results from its Cowley project, confirming broad copper intervals with locally high-grade sub-intervals and meaningful molybdenum values. The company expanded its drilling program at Cowley from 8,000 meters to more than 14,000 meters, a move that represents an operational commitment to further delineation rather than a new geological discovery.

The headline result from hole CPG-158 returned 84.3 %m Cu. This figure is essentially in line with earlier anchor results, such as CPG-122, which intersected 47.2 m @ 1.78% Cu (84.0 %m Cu), and CPG-122D2, which returned 89.8 m @ 1.00% Cu (89.8 %m Cu). Another significant intercept, CPG-112D2, returned 92 m @ 1.03% Cu (94.8 %m Cu). While the new CPG-158 result features a slightly greater length than CPG-122, its grade is slightly lower, serving as a confirmation of existing trends rather than a step-change in the resource model.

The stock has re-rated strongly from a November 2025 low near C$0.82 to a June 2026 high of C$3.71, driven by the Cub East discovery, earlier Cowley results, the Class 3 permit, and BlackRock-led financing. Even after a pullback to C$2.74, the share price remains significantly above its pre-discovery base. While the molybdenum values add a potentially differentiated element to the deposit, the economic credit remains unquantified without data on recovery, payability, and resource treatment. On balance, the release supports the existing thesis and reduces some geological risk, but it does not independently re-rate the equity.

Gladiator Metals Corp. (GLAD) is a pre-revenue junior explorer focused on the Whitehorse Copper Project in Yukon, Canada. The project is described as a 35 km by 5 km high-grade copper skarn belt with historical production from the Little Chief deposit between 1967 and 1982. Historical production cited by the company totals 267.5 million pounds of copper, 225,000 ounces of gold and 2.838 million ounces of silver from 10.5 million tonnes milled at approximately 1.5% Cu and 0.75 g/t Au. This is historical context, not a current resource or reserve.

Key prospects include: - Cowley: the main near-term resource-delineation target, with broad Cu-Au-Ag-Mo skarn intercepts. - Cub East: a newer high-grade copper-gold discovery that drove much of the 2026 re-rating. - Great Southern: a geophysical target south of Cowley with a large gravity and IP anomaly. - Chiefs and Arctic Chief-Best Chance trends: additional targets adjacent to historical mine areas.

The company received a Class 3 quartz exploration permit in March 2026, which is important because it enables more systematic resource definition and expansion drilling. Gladiator closed a C$35.04 million private placement in July 2026, led by BlackRock World Mining Trust, consisting of 7 million charity flow-through shares at C$3.87 and 3 million non-flow-through shares at C$2.65.

For the three months ended May 31, 2026, the company reported no revenue and a net loss of C$3.51 million. Cash at May 31, 2026 was C$17.42 million. The MD&A summary includes a going-concern flag because the company is dependent on financing. The July 2026 financing materially improves near-term liquidity, but the company remains a cash-burning explorer.

The investor presentation includes a target of more than 100 million tonnes of high-grade inferred copper resource. That is a promotional target and should not be treated as an established NI 43-101 resource until a formal estimate is disclosed.