Gladiator Identifies New Skarn and Intrusive Related Copper-Gold Mineralization in First Drilling at Valerie and Little Chief

Executive Summary

• Initial assay results from first‑pass drilling at the Valerie and Little Chief prospects of the Whitehorse Copper Project disclosed multiple new copper‑gold skarn and intrusive‑related mineralized zones, including a 15.8 m @ 0.85% Cu intercept and high‑grade gold hits (13.35 g/t Au, 7.64 g/t Au).
• The company has mobilized an additional drill rig (total of four rigs) to accelerate target definition, supported by ongoing Induced Polarization (IP) geophysical surveys.
• With a recently closed $22.5 M financing and existing cash of $8 M, Gladiator Metals is fully funded for exploration through the end of 2026 and aims to report maiden NI‑43‑101 compliant resources by Q2 2026.

Key Details

• Valerie Prospect
• Hole VLG‑001D3: 12 m @ 0.64% Cu, 0.36 g/t Au, 2.42 g/t Ag, 16 ppm Mo.
• Hole VLG‑001D2: 15.8 m @ 0.85% Cu, 0.05 g/t Au, 5.8 g/t Ag, 20 ppm Mo (from 211.2 m).
• Little Chief Prospect
• Hole LCG‑014: 1 m @ 7.64 g/t Au (from 135 m) and 6 m @ 0.13% Cu, 0.13 g/t Au.
• Hole LCG‑014D1: 1 m @ 13.35 g/t Au, 1.67% Cu, 23.2 g/t Ag (from 124 m).
• Additional Intercepts
• High‑grade chalcopyrite/bornite mineralization in a brecciated intrusive at the Little Chief gravity offset (≈12 m interval, ~2 m of intense mineralization).
• Exploration Program
• Total drill program for 2025 expanded to 48,000 m (originally 29,000 m) targeting copper‑skarn and intrusive‑hosted Cu‑Au‑Mo mineralization across the 35 km Whitehorse Copper Belt.
• Planned completion of at least an additional 20,000 m of diamond drilling in 2025; three drill rigs currently operating.
• Financing
• $22.5 M financing closed (details not restated) plus $8 M existing treasury provides sufficient capital to fund exploration through end‑2026.
• Future Milestones
• Target to report maiden high‑grade copper NI 43‑101 compliant resources by Q2 2026.
• Ongoing IP, EM and gravity surveys to refine targeting across the belt.

Notable Quotes

“Our first drilling of new gravity targets at Little Chief and Valerie has intersected multiple zones of new mineralization… These newly identified mineralization styles are potentially indicative of copper‑porphyry systems within the copper belt.” – Jason Bontempo, CEO & Director

All technical data reviewed by Kell Nielsen, Vice President Exploration (Qualified Person under NI 43‑101).