New Copper Skarn Prospect Staked At Whitehorse Copper Project

VANCOUVER - Gladiator Metals Corp. has staked 55 claims for 11.3 km2 at the Jackson Copper-Skarn Prospect located 15km to the west of existing claims at the Whitehorse Copper Project. The recent staking of the Jackson Prospect area covers approximately 6 km of prospective contact between Cretaceous intrusive bodies and Triassic metasediments which is the primary control on the formation of high grade copper (+/-gold/silver) skarn mineralization in the Whitehorse Copper district.

Areas of outcropping magnetite-copper skarn mineralization within the Jackson Prospect area have been subject to intermittent exploration by historical explorers including spatially constrained soil sampling, mapping, trenching and approximately 1,901m of diamond drilling in 24 drillholes.

This historical work is supported by limited airbourne magnetics conducted by Precision Geophysics in 2014 which have highlighted more than 4.4 km of untested magnetic anomalism coincident with high magnetic response, areas of outcropping magnetite-copper skarns and the mapped contact between Cretaceous intrusions and Triassic limestones (see Figure 1 below). This highlights the underexplored prospectivity of the Jackson prospect area which will be the subject of summer exploration programs.

Gladiator has compiled the historic drilling at the Jackson Project in the 1970's and 80's. This collation identified high-grade magnetite copper-gold-silver skarn mineralization, that is strongly associated with the high-tenor magnetic anomalism with results including: KT-003: 6.12m @ 5.61% Cu, 1.03g/t Au and 247 g/t Ag from 55.14m; KT-007: 10.67m @ 6.45 g/t Au from 71.02m within 21.88m @ 3.45 g/t Au; and M-001: 1.99m @ 4.0 g/t Au from 19.35m.

Drilling may have been improperly aligned to the mineralization, given that drilling was focused on a WNW line semi perpendicular to the magnetic anomaly resulting in some holes being drilled over the top or under the targeted mineralsaztion. Gladiator believes that significant potential remains by re-orientation the drill lines (SW-NE).