• Stable, Tier 1 jurisdiction: Yukon, Canada

  • Home to numerous producing copper and gold mines owned by some of the world’s most recognized miners

  • Under-explored with world-class discovery potential

  • Year-round access and work programs

  • Good road and drill access network established 

  • Grid hydro power – potential for low emission copper production

  • Lower cost production – proximity to Whitehorse for low Capex access to existing accommodation and core yard

  • Skilled local workforce – experienced providers, vendors and local laboratories

  • High-grade historical copper production by Hudbay Mining: 
  • >10Mt @ c1.5% Cu  produced (plus Au/Ag credits)
  • Open pit (1967-1971) and Underground (1972-1982)
  • 30 known deposits/prospects within a contiguous 35km x 5km area

  • No modern exploration since 1982, when an economic downturn and depressed copper prices resulted in mine closure.

  • The Cowley Park prospect reached Feasibility stage before the mine was closed – as a result, it was never mined.

  • All previous operations and residual reserves open along strike and down dip.

  • Recent drilling outside of historic areas of operation have indicated:

  • CP-040: 89.61m @ 1.89% Cu from26.21m
  • 18-CP-04: 12.5m @ 8.02% Cu and 13g/t Ag from 85.04m
  • 19-CP-01: 32.92m @ 2.08% Cu from 73.76m (including: 8.11m @ 5.35% Cu from 80.16m) plus 34.75m @ 0.94% Cu from 117.65m
  • 19-CP-03: 8.84m @ 1.59% Cu, 0.19% Mo and 14g/t Ag from 117.65m
  • 19-CP-05: 27m @ 0.68% Cu and 0.23% Mo from 97m
  • 19-CP-10: 19.08m @ 1.45% Cu from 108.94m within 81.26m @ 0.55% Cu from 108.94m
  • CP-053: 27.7m @ 2.74% Cu from8.69m

           Inc: 7.83m @ 8.34% Cu from23.93m

  • CP-112: 10.67m @ 6.93% Cu from85.34m
  • CP-115: 23.16m @ 3.19% Cu from 80.77m
  • CP-125: 18.44m @4.42% Cu from 56.39m and 10.3m @ 1.41% Cu from 87.84m
  • CP-144: 38.57m @ 1.73% Cu from 33.98m
  • 19-CP-08: 43.28m @ 2.24% Cu from 93.27m

            Inc: 13.72m @ 5.41% Cu from 109.42 m

  • Gladiator recently completed a 2,632m maiden diamond drilling program at the Cowley Park prospect and has received initial assays results from the first 7 of 14 holes.

  • All holes returned significant intercepts confirming the width and continuity of mineralization previously targeted at Cowley Park with mineralization remaining open in all directions, with results including:

  • CPG-006: 16m @ 2.36% Cu from 79m within
  • 92m @ 0.71% Cu from 67m
  • CPG-002: 13m @ 1.44% Cu and 0.15% Mo from 28m and;
  • 33m @ 1.48% Cu from 71m within;
  • 113m @ 0.79% Cu
  • CPG-003: 13.2m @ 2.26% Cu from 22.8m
  • CPG-001: 20m @ 1.43% Cu from 42m within 71m @ 0.72% Cu from 32m
  • CPG-004: 10m @ 1.68% Cu from 87m within 28m @ 0.91% Cu from 87m
  • CPG-010: 26m @ 1.14% Cu from 86m

Figure 1: Plan map of the advanced Cowley Park Copper Prospect. Previously released (historical) collated drill results with a cumulative Copper %*m of >40 highlighted as well as initial significant drill intercepts from the recently completed maiden diamond drilling campaign.


War Eagle:

 •  HT-1: 10.55m @ 4.99% Cu, 1.05g/t Au, 40.3g/t Ag from 124.39m

North Star:

•  NS-15: 14.63m @ 5.05% Cu from 419.65m

Overview - Whitehorse Copper Project


  • Shallow, high grade copper results from multiple prospects. Limited systematic drilling away from existing pits.

  • Proven Geology – Mineralised chalcopyrite-bornite-magnetite skarns within 150m of the calc-alkaline Whitehorse batholith.


  • Primary target: Cowley Park Prospect - Historic drilling indicates multiple, sub-parallel mineralized zones up to 30m thick over 1.2km.
Figure 2: Section A-A’ through drillholes CPG-001, 002 and 003 in comparison to previous (historic) historical drilling intercepts on the same section. Section A-A’ is marked on Figure 1 above for reference.
Type Drill Section of the advanced Cowley Park Copper Prospect. Recently collated historical drill results, section shows thewidths and shallow nature of the mineralization drilled to date,(505,850mE)

  • Numerous brownfield targets identified – advanced high-grade copper targets including Artic Chief Trend, Cub Trend, War Eagle Trend, and Little Chief Trend. All targets open along strike/at depth.

  • Potential opportunity to combine Cowley Park and Cub trends into one single target.
Future Prospect Areas: Collation of Historic Drilling Data Indicates Potential Shallow, High-Grade Mineralization at Cub Trend

    • Prospect / exploration targets identified – Grafter, North Star, Rabbits Foot, Veronica, Polar Lake, Copper Cliff, Quinalta. 

    Map showing future exploration targets at the Whitehorse Copper Project

    2023 WORK PROGRAM:

    • Complete sampling of 2018, 2019 and 2020 diamond drill core – Over 10,000m of diamond drill core to be assayed.

    • Systematic sampling – Unexplored upside from credits - Au/Ag/Mo/Ga, etc.

    • Structural Data – Cross faults and sheeted vein arrays potentially control higher grade zones by overprinting mineralization.

    • Advance project to drilling - Confirmatory diamond drilling.



    • New South Wales, Australia has a gold endowment* exceeding 3252 tonnes (t)/ 104 million ounces (Moz)

    • Host to a diverse range of gold deposit types, with gold being produced as either the principal commodity (e.g.
    Cadia ,Cowal) or as a by-product (e.g. Northparke)

    • The Koonenberry Belt is now interpreted to be a Cambrianarc built on the rifted margin of Gondwana and the northern extension of the Lachlan Orogen, where it is covered by younger sequences


    The Koonenberry North Project is located in the northwestern part of New South Wales, within a 200km long NW‐trending belt.

    Historical exploration

    • 1960s to 1990s: Sporadic exploration focused on gold, copper and base metals, predominantly in the Grasmere and Wertago areas. Encouraging drill intersections, but tenements relinquished due to poor economic conditions

    • Since 2000: The Geological Survey of New South Wales (“GSNSW”) completed regional geological mapping, high-resolution geophysical data acquisition and deep seismic reflection surveys. Numerous regolith and baseline geochemistry studies in the Koonenberry Belt. Major advancements in the understanding of the geological history of the Koonenberry Belt.

    • Apart from stream sediment sampling programs, most of the prospecting and surface sampling within the Koonenberry Belt has taken place over areas to the south of the Bangles ELs.


    The Koonenberry Belt is interpreted to be prospective for a range of commodities (Gilmore & Greenfield, 2015) including:

    • VMS Cu–Zn–Ag–Au

    • Turbidite‐hosted orogenic Au

    • Orthomagmatic Ni–Cu–PGE

    • Epithermal Ag–Pb–Cu

    • Porphyry Cu–Au

    • MVT/stratiform Pb–Zn–Ag

    The basement to the Koonenberry belt consists of rocks belonging to the Curnamona Province of the Early Proterozoic Broken Hill Block (Willyama Supergroup), which is extensively mineralized elsewhere in western and central NSW.  


    The exploration rationale is based on the perceived prospectivity for turbidite‐hostedorogenic Au deposits.

    • Primary targets: High grade quartz‐gold veins, which occur throughout the region

    • Secondary targets: VMS copper‐zinc (+/‐ silver, gold), orthomagmatic Ni‐Cu‐PGE, epithermal Ag‐Pb‐Cu and MVT/stratiform Pb‐Zn‐Ag deposits

    All of these styles have been identified within the Koonenberry Belt by geologists from the NSW Geological Survey (Gilmore, 2010).


    Thomson Airborne completed an airborne magnetics and radiometrics survey over the Koonenberry North Project area during March 2021.

    6,902.2 line kilometres over three blocks covering EL9050 and EL9062 only

    The E‐W traverse lines were spaced at 100m intervals, with a mean terrain clearance of 45m.

    N‐S tie lines were spaced at 1,000m intervals.

    The survey utilized a Geometrics G822Amagnetometer and a Radiations Solutions RS400 spectrometer. A base station magnetometer was used to determine diurnal fluctuations.

    Figure1: EL9050, airborne magnetics RTP draped over regional geology Malachite Resources drillholes shown in the southeastern part of EL9050

    EL9062, airborne magnetics RTP draped over regional geology

    The following information was obtained:

    • Digital Terrain Model (DTM)

    • Total Magnetic Intensity (TMI)

    • Rotated to Pole magnetics (RTP)

    • First vertical derivative of magnetic intensity (1VD)

    • Second vertical derivative of magnetic intensity (2VD)

    • Radiometrics (K, Th, U & Total count)