Another Priority Work Area Identified At Whitehorse Copper Project

VANCOUVER - Gladiator Metals Corp. reported on its ongoing data compilation of historic drilling and the identification of the largely untested shallow, high-grade, Arctic Chief Prospect, at the historically producing Whitehorse Copper Project. Historical drill intersections at Arctic Chief external to the previously mined areas includes mineralization that remains open both along strike and at depth. Geological continuity of outcropping high-grade copper and gold mineralization in the wider area surrounding Arctic Chief has been established by recent field mapping and rock chip results where mineralization remains open both along strike and at depth at all of the defined prospect areas.

Only limited exploration has been completed to date away from identified mineralization in the wider Arctic Chief Prospect area, providing Gladiator with an opportunity to consolidate multiple target areas through ongoing regional mapping, sampling and geophysical programs aimed at further refining drill targets in the area. Historical drilling completed by the operator was selectively sampled for high-grade copper only. Given the high-grade gold reported in recent rock chipping results (up to 10.10 g/t Au - Sample H678301), Gladiator intends to assay all future drilling and sampling for additional credits including gold, silver and molybdenum which were proven contributors to the economics of historic operations.

CEO, Jason Bontempo, said, "Gladiator is pleased to have identified another priority work area from its data compilation of historic drilling datasets. Drilling and past production from the Arctic Chief prospect remains shallow and is open in all directions. Excitingly initial field work from Gladiators summer field programs highlights the wider potential of the prospect with high grade copper and gold identified in multiple surface outcrops. Field crews are still active in the Whitehorse Copper belt with regional scale mapping, sampling and geophysical programs taking place in the summer months. We look forward to updating the market in the coming months with results from this regional exploration, further data compilation of historic drilling, assays from previously unlogged and unsampled core as well news from Gladiators planned 4,000m diamond drill campaign at Cowley Park."

Arctic Chief comprises two shallow open cut pits (East & West) that are less than ~40m deep that exploited very high-grade ore near surface ~4km to the NW of the Historic Little Chief Mine & Processing Facility. According to Watson1 (1984), Artic Chief reported production totaling 202,000 tonnes of copper ore grading 1.4% Cu and 1.0 g/t gold". Watson 1984 - "The Whitehorse Copper Belt - A Compilation".

The recently collated historic drilling (56 holes for 6,819 metres) none of which had been previously reported by the Company, identified significant mineralization that has been exploited by mining and further mineralization that remains unmined and extends along strike from the historic pits. Holes were drilled at various dips on variable, prospect specific, nominal grids. Gladiator obtained the drill records and logs from the Yukon Geological Survey archives and have captured the data within an industry standard database and has been validated. In conjunction to the drill data compilation, Gladiator undertook reconnaissance and sampling of outcropping mineralization proximal to the Arctic Chief pits. Sampling identified that significant potential to identify further mineralization remains external to the mined pits, with sampling reporting significant mineralization along strike from the pits. Work completed to date has identified more than 30, drill ready, high-grade regional targets associated with copper rich skarns at the contact between the Cretaceous age Whitehorse Plutonic Suite and the Triassic to Jurassic Lewes River Group's clastic and carbonate metasediments. Cumulatively, there is more than 35km of underexplored strike on the contact which is highly prospective for high-grade copper+/-molybdenum+/-silver+/- gold.