Green Bridge Metals Corporation Outlines Strategic Plan

  • The Company believes that the presence of Oxidized Ultramafic Intrusions (OUIs) that are associated with copper-titanium±nickel mineralization represent a new style of exploration target that has been underexplored. Disseminated copper and/or nickel mineralized OUIs are present at the Skibo, Titac, and Boulder properties and will represent the primary target of the Company’s exploration plans.
  • The Company’s initial efforts will be at the Titac property that has a NI43-101 Inferred Resource of 45.1Mt of 15% TiO2 (Cardero Resources Corp., 2012) hosted within an OUI that also contains significant disseminated copper mineralization. Historical intercepts from surface including 462m of 0.4% copper and 571.5m of 0.2% copper (including 145m of 0.4% Cu).
  • Green Bridge plans to initially drill into Titac’s mineralized system to expand upon the known resource and realize the full potential for copper mineralization. 
  • The Company will conduct a Versatile Time Domain Electromagnetics (VTEM) geophysical survey over the Titac-Boulder property to fingerprint the signature of Titac mineralization and apply that to Boulder, which has recognized titanium and copper mineralization within an OUI similar to Titac.
  • The Company will also prioritize drill ready targets in the Wyman/Siphon property that has a historical Ni-Cu resource characterized by disseminated mineralization similar to that of the world class Mesaba and Maturi deposits.

Exploration Growth Chrome Puddy:

  • The Company plans to fly an airborne VTEM geophysical survey over the entire property to fingerprint the signature of the historical resource of 30Mt of 0.27% Ni (Commerce Nickel Mines Ltd., 1966) over a known mineralized trend over 2km;
  • The Company believes there is potential for a 100Mt exploration target within the 2km trend that will be the primary focus of the first drill campaign at the project;
  • The VTEM survey will help prioritize future drill targets based on the presence of conductors.
Figure 1. Regional location map showing The South Contact Zone and Chrom-Puddy projects. Other large Ni, Cu-Ni deposits are highlights (magenta ovals).
Figure 2. Regional geological map of the South Contact Zone showing individual target properties (Wyman, Skibo, Titac, and Boulder) within the project portfolio. Other large Ni, Cu-Ni, or Ti-Cu occurrences are shown.
Figure 3. Chrome-Puddy project area with electromagnetics survey overlay showing the area of the inferred ultramafic host intrusion (dashed blue line) for nickel mineralization, as well as historic significant drill intercepts and surface samples.