Further High-Grade Copper Results From Chiefs Trend

VANCOUVER -  Gladiator Metals Corp. CEO, Jason Bontempo, commented: "Gladiator has received further assays from its ongoing, 10,000m diamond drill program at the Chiefs Trend. These results confirm and support the significant widths of high-grade copper skarn mineralization identified from Gladiators data compilation of historical datasets and point to further extensions of the defined mineralised bodies. Mineralization remains open in all directions with some holes finishing in high grade copper-gold mineralization.

These results continue to confirm the extent of unmined mineralization and highlight the near-term, high-grade copper resource potential of the Chiefs Trend. Initial step out drilling on the Chiefs Trend, 200m to the north of Middle Chief has also encountered significant widths and grades of copper mineralization pointing to the exploration potential of the trend which is being followed up by ongoing drilling.

The significant gold assays coincident with high-grade copper mineralization identified in these initial assay results point to the upside potential of the Chiefs Trend with the historic drilling only assaying for copper".

Assay results returned from 20 holes, 3,581m (LCG-001-005, LCG-007-008, LCG009, LCG-009D1, LCG-009D2, LCG-010 and LCG-010D1) at the Chiefs Trend confirm the extensive high-grade mineralization highlighted by Gladiator's data compilation of historical drilling (refer to news release 16th Nov 2023). Mineralization remains open in all directions with some holes finishing in high-grade copper and gold mineralization due to difficult ground conditions. Copper - gold mineralization highlighted from these assay returns includes: LCG-009: 11m @ 1.67% Cu and 0.63 g/t Au from 194m; LCG-009D1: 20.44m @ 2.17% Cu and 0.34 g/t Au from 221.6m to EOH.LCG-009D2: 8.7m @ 2.06% Cu and 0.13 g/t Au from 167m; and LCG-009D2: 8.7m @ 2.06% Cu and 0.13 g/t Au from 167m.

In addition, significant exploration upside remains with extensive widths of anomalous copper intersected in initial 200m spaced step out drilling north of the known Middle Chief Mineralization. Drillhole LCG-010D1 intersected significant anomalous copper (Plus 40m > 0.1 Cu%, including 1m @ 1.28% Cu and 1.61 g/t Au) that is interpreted as being immediately distal to the mineralised trend. Gladiator plans to complete Down-Hole Electromagnetic (DHEM) prior to recommencing drilling targeting extensions to the known Middle Chief Mineralisation. These results confirm mineralization to be associated with magnetite alteration as indicated in the recently completed drone-borne magnetic survey where magnetic anomalism is reported over 500 meters at Middle Chief extending into Big Chief. These results are in addition to analytical results reported on March 5, 2024, including: 1) LCG-003: Recovered core @ 2.71% Cu and 1.39 g/t Au within a 13.75m mineralized zone from 256m to end of hole (approximately 270 m) that failed in 0.25m @ 2.76% Cu and 0.28 g/t Au. 2) LCG-001D1: 22m @ 1.41% Cu and 0.28 g/t Au from 208m. 3) LCG-001: 6m @ 1.56 % Cu and 1.06 g/t Au from 213m and 16m @ 1.29% Cu and 0.61 g/t Au from 249m. 4) LCG-001D2: 10m @ 0.83% Cu and 0.19 g/t Au from 62m, 4m @ 1.03 Cu and 0.19 g/t Au from 84m and 10m @ 1.35% Cu and 0.51g/t Au from 196m.

Drilling has now defined unmined, near surface magnetite-copper skarn mineralization over more than 600m's of strike north of the historical mining operations at Little Chief. Historical drilling at the Chiefs Trend prospects was selectively sampled for copper only. Given the recent significant gold intervals returned from these initial assay results Gladiator intends to assay all future drilling and sampling for additional credits including gold, silver and molybdenum which were proven significant contributors to the economics of historic operations at Little Chief.